Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global High Pure Platinums Market by Type (3N, 4N, 5N, Others), By Application (Medicine, Jewelry, Chemical Equipment, Electronic, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global High Pure Platinums Market by Type (3N, 4N, 5N, Others), By Application (Medicine, Jewelry, Chemical Equipment, Electronic, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 458055 4200 Chemical & Material 377 135 Pages 4.6 (33)

Market Overview:

The global high pure platinums market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for platinum in various applications, such as medicine, jewelry, chemical equipment, electronic and others. Additionally, the growing demand for high purity platinum from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of platinum and its alloys may restrain the growth of this market during the forecast period.

Global High Pure Platinums Industry Outlook

Product Definition:

High pure platinum (HPt) is an alloy of platinum made up of at least 99.95% platinum. It is used in a variety of applications, including the production of medical devices, electrical contacts and jewelry. Platinum is a valuable metal with many desirable properties, including its resistance to corrosion and its ability to withstand high temperatures.


3N, also known as triple neutral, is a term used for the base or starting point in any type of plating process. It has no effect on the color of an item being plated and does not affect its nutritional value. The only difference between 3N and 6N items are their sizes; while 6N has more surface area per unit volume than 3N, both have similar weight to volume ratio.


4N is the abbreviation for Four Nuclei. It is a system that represents an important aspect of platinum-based drug therapy in cancer treatment. The 4N model includes four key elements to represent the activity of platinum compounds used in cancer treatment: nuclear localization, non-pluripotent differentiation, apoptosis inhibition and necrosis induction.

Application Insights:

High purity platinums are used in a variety of applications including electronics, chemical processing, medicine, and jewelry. Electronics application segment accounted for the largest share of over 30% in 2017. The growth is attributed to increasing demand for high-quality semiconductors from various end-use industries such as telecommunication & IT and automotive which require low impurities level.

Platinum group metals have excellent properties such as high thermal conductivity which makes it suitable to use in heat exchangers or radiators that transfer heat from one medium to another medium with lower temperature. Platinum also has a higher melting point than other metals making it suitable for use in crucibles used during steel production process wherein the metal melts and flows at around 1,480°F (900°C).

Regional Analysis:

North America dominated the global high pure platinums market in 2017. North America is a major consumer of medical and dental equipment, which requires high purity platinum with low contaminants. The region’s dominance can be attributed to stringent regulations by regulatory agencies such as the U.S. FDA and EPA regarding quality standards for medical devices manufacturing that have driven manufacturers to increase their production capacities for these products in this region over other regions globally.

Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing demand from various end-use industries such as electronics, automotive, etc., especially from China and India on account of rapid industrialization coupled with government support for infrastructure development activities has led these countries becoming major hubs worldwide thus driving growth across all segments including construction machinery, electronic components & appliances among others requiring platinum group metals (PGM).

Growth Factors:

  • Increasing demand for platinum in various industrial applications is expected to drive the growth of the global high pure platinums market over the forecast period.
  • Growing automotive industry is also anticipated to fuel the demand for high purity platinums, as these metals are extensively used in catalytic converters and emission control systems.
  • Rising investments in research and development activities for new applications of platinum is likely to create new opportunities for market players operating in this space over the next few years.
  • Increasing use of platinum nanoparticles in biomedical and healthcare sectors is projected to boost its demand significantly over the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

High Pure Platinums Market Research Report

By Type

3N, 4N, 5N, Others

By Application

Medicine, Jewelry, Chemical Equipment, Electronic, Others

By Companies

ALB Materials Inc, American Elements, J&J Materials, Pi-Kem, Ames Goldsmith, Advent Research Materials Ltd, Ferro Corporation, Sino-Precious Metals Holding Co.,Ltd, Changshu Changhong Precious Metal Co.,Ltd, Beijing Goodwill Metal Tech, Beijing Huanqiu Jingding, Zhongnuo Advanced Materials Technology

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global High Pure Platinums Market Report Segments:

The global High Pure Platinums market is segmented on the basis of:


3N, 4N, 5N, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Medicine, Jewelry, Chemical Equipment, Electronic, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ALB Materials Inc
  2. American Elements
  3. J&J Materials
  4. Pi-Kem
  5. Ames Goldsmith
  6. Advent Research Materials Ltd
  7. Ferro Corporation
  8. Sino-Precious Metals Holding Co.,Ltd
  9. Changshu Changhong Precious Metal Co.,Ltd
  10. Beijing Goodwill Metal Tech
  11. Beijing Huanqiu Jingding
  12. Zhongnuo Advanced Materials Technology

Global High Pure Platinums Market Overview

Highlights of The High Pure Platinums Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 3N
    2. 4N
    3. 5N
    4. Others
  1. By Application:

    1. Medicine
    2. Jewelry
    3. Chemical Equipment
    4. Electronic
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the High Pure Platinums Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global High Pure Platinums Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

High pure platinum is a metal with a purity of 99.9%. It is often used in jewelry and other precious metals products because it has a high value and does not corrode.

Some of the major companies in the high pure platinums market are ALB Materials Inc, American Elements, J&J Materials, Pi-Kem, Ames Goldsmith, Advent Research Materials Ltd, Ferro Corporation, Sino-Precious Metals Holding Co.,Ltd, Changshu Changhong Precious Metal Co.,Ltd, Beijing Goodwill Metal Tech, Beijing Huanqiu Jingding, Zhongnuo Advanced Materials Technology.

The high pure platinums market is expected to register a CAGR of 5.5%.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Pure Platinums Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 High Pure Platinums Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 High Pure Platinums Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the High Pure Platinums Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global High Pure Platinums Market Size & Forecast, 2020-2028       4.5.1 High Pure Platinums Market Size and Y-o-Y Growth       4.5.2 High Pure Platinums Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 3N
      5.2.2 4N
      5.2.3 5N
      5.2.4 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Medicine
      6.2.2 Jewelry
      6.2.3 Chemical Equipment
      6.2.4 Electronic
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global High Pure Platinums Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 High Pure Platinums Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 3N
      9.6.2 4N
      9.6.3 5N
      9.6.4 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Medicine
      9.10.2 Jewelry
      9.10.3 Chemical Equipment
      9.10.4 Electronic
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 3N
      10.6.2 4N
      10.6.3 5N
      10.6.4 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Medicine
      10.10.2 Jewelry
      10.10.3 Chemical Equipment
      10.10.4 Electronic
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 3N
      11.6.2 4N
      11.6.3 5N
      11.6.4 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Medicine
      11.10.2 Jewelry
      11.10.3 Chemical Equipment
      11.10.4 Electronic
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 3N
      12.6.2 4N
      12.6.3 5N
      12.6.4 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Medicine
      12.10.2 Jewelry
      12.10.3 Chemical Equipment
      12.10.4 Electronic
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 3N
      13.6.2 4N
      13.6.3 5N
      13.6.4 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Medicine
      13.10.2 Jewelry
      13.10.3 Chemical Equipment
      13.10.4 Electronic
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 High Pure Platinums Market: Competitive Dashboard
   14.2 Global High Pure Platinums Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ALB Materials Inc
      14.3.2 American Elements
      14.3.3 J&J Materials
      14.3.4 Pi-Kem
      14.3.5 Ames Goldsmith
      14.3.6 Advent Research Materials Ltd
      14.3.7 Ferro Corporation
      14.3.8 Sino-Precious Metals Holding Co.,Ltd
      14.3.9 Changshu Changhong Precious Metal Co.,Ltd
      14.3.10 Beijing Goodwill Metal Tech
      14.3.11 Beijing Huanqiu Jingding
      14.3.12 Zhongnuo Advanced Materials Technology

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