The global platinum mining market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the market is attributed to the increasing demand for platinum in various applications such as refining of platinum, jewelry of platinum, and precious stone. The demand for platinum in these applications is expected to increase due to its high durability and resistance against corrosion.
The North American region accounted for the largest share in 2017 owing to its large number of mines and exploration activities undertaken by companies operating in this region. However, Asia Pacific is projected to be fastest-growing region during the forecast period due to increased investments from companies operating in this region as well as growing demand from countries such as China and India which are major consumers of platinum products such as jewelry and precious stones.
Some Of The Growth Factors Of This Market:
- Platinum is a rare metal that is used in many industries, including the automotive industry.
- The price of platinum has been increasing due to the increased demand for platinum in the automotive industry and other industries.
- The price of platinum has been increasing due to the increased demand for platinum in the automotive industry and other industries, which will lead to an increase in mining activity as well as an increase in exploration activity by mining companies looking for new sources of supply.
- Mining companies are also investing heavily into exploration activities because they are aware that there is a finite amount of resources available on earth and they want to find new sources before it's too late so they can continue their operations without interruption or disruption from competitors who may be able to find new sources first and take over their market share if they don't act fast enough or invest enough money into exploration activities themselves.
Industry Growth Insights published a new data on “Platinum Mining Market”. The research report is titled “Platinum Mining Market research by Types (Platinum, Palladium, Rhodium, Osmium, Ruthenium, Iridium), By Applications (Refining of platinum, Jjewelery of platinum, Precious stone), By Players/Companies Anglo AmericanPlatinumLtd., Impala, Lonmin, Norilsk Nickel, Platina Resources Ltd, Aquarius Platinum Ltd, Wesizwe Platinum Ltd, Zimplats Holdings Ltd, Sedibelo Platinum Mines Limited, Northam Platinum Ltd, Incwala Resources (Pty) Ltd, Royal Bafokeng Platinum, Eastplats, Platinum Group Metals Ltd, Sino-platinum, Jinchuan Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Platinum Mining Market Research Report
By Type
Platinum, Palladium, Rhodium, Osmium, Ruthenium, Iridium
By Application
Refining of platinum, Jjewelery of platinum, Precious stone
By Companies
Anglo AmericanPlatinumLtd., Impala, Lonmin, Norilsk Nickel, Platina Resources Ltd, Aquarius Platinum Ltd, Wesizwe Platinum Ltd, Zimplats Holdings Ltd, Sedibelo Platinum Mines Limited, Northam Platinum Ltd, Incwala Resources (Pty) Ltd, Royal Bafokeng Platinum, Eastplats, Platinum Group Metals Ltd, Sino-platinum, Jinchuan Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Platinum Mining Market Report Segments:
The global Platinum Mining market is segmented on the basis of:
Types
Platinum, Palladium, Rhodium, Osmium, Ruthenium, Iridium
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.
Applications
Refining of platinum, Jjewelery of platinum, Precious stone
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:
- Anglo AmericanPlatinumLtd.
- Impala
- Lonmin
- Norilsk Nickel
- Platina Resources Ltd
- Aquarius Platinum Ltd
- Wesizwe Platinum Ltd
- Zimplats Holdings Ltd
- Sedibelo Platinum Mines Limited
- Northam Platinum Ltd
- Incwala Resources (Pty) Ltd
- Royal Bafokeng Platinum
- Eastplats
- Platinum Group Metals Ltd
- Sino-platinum
- Jinchuan Group
Highlights of The Platinum Mining Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platinum
- Palladium
- Rhodium
- Osmium
- Ruthenium
- Iridium
- By Application:
- Refining of platinum
- Jjewelery of platinum
- Precious stone
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Platinum Mining 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.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Platinum mining is the process of extracting Platinum from its ore. Platinum is a rare and valuable metal that is used in jewelry, electronics, and other products.
Some of the key players operating in the platinum mining market are Anglo AmericanPlatinumLtd., Impala, Lonmin, Norilsk Nickel, Platina Resources Ltd, Aquarius Platinum Ltd, Wesizwe Platinum Ltd, Zimplats Holdings Ltd, Sedibelo Platinum Mines Limited, Northam Platinum Ltd, Incwala Resources (Pty) Ltd, Royal Bafokeng Platinum, Eastplats, Platinum Group Metals Ltd, Sino-platinum, Jinchuan Group.
The platinum mining market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Platinum Mining Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Platinum Mining Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Platinum Mining Market - Supply Chain
4.5. Global Platinum Mining Market Forecast
4.5.1. Platinum Mining Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Platinum Mining Market Size (000 Units) and Y-o-Y Growth
4.5.3. Platinum Mining Market Absolute $ Opportunity
5. Global Platinum Mining Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Platinum Mining Market Size and Volume Forecast by Type
5.3.1. Platinum
5.3.2. Palladium
5.3.3. Rhodium
5.3.4. Osmium
5.3.5. Ruthenium
5.3.6. Iridium
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Platinum Mining Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Platinum Mining Market Size and Volume Forecast by Application
6.3.1. Refining of platinum
6.3.2. Jjewelery of platinum
6.3.3. Precious stone
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Platinum Mining Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Platinum Mining Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Platinum Mining Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Platinum Mining Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Platinum Mining Demand Share Forecast, 2019-2026
9. North America Platinum Mining Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Platinum Mining Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Platinum Mining Market Size and Volume Forecast by Application
9.4.1. Refining of platinum
9.4.2. Jjewelery of platinum
9.4.3. Precious stone
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Platinum Mining Market Size and Volume Forecast by Type
9.7.1. Platinum
9.7.2. Palladium
9.7.3. Rhodium
9.7.4. Osmium
9.7.5. Ruthenium
9.7.6. Iridium
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Platinum Mining Demand Share Forecast, 2019-2026
10. Latin America Platinum Mining Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Platinum Mining Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Platinum Mining Market Size and Volume Forecast by Application
10.4.1. Refining of platinum
10.4.2. Jjewelery of platinum
10.4.3. Precious stone
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Platinum Mining Market Size and Volume Forecast by Type
10.7.1. Platinum
10.7.2. Palladium
10.7.3. Rhodium
10.7.4. Osmium
10.7.5. Ruthenium
10.7.6. Iridium
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Platinum Mining Demand Share Forecast, 2019-2026
11. Europe Platinum Mining Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Platinum Mining Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Platinum Mining Market Size and Volume Forecast by Application
11.4.1. Refining of platinum
11.4.2. Jjewelery of platinum
11.4.3. Precious stone
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Platinum Mining Market Size and Volume Forecast by Type
11.7.1. Platinum
11.7.2. Palladium
11.7.3. Rhodium
11.7.4. Osmium
11.7.5. Ruthenium
11.7.6. Iridium
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Platinum Mining Demand Share, 2019-2026
12. Asia Pacific Platinum Mining Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Platinum Mining Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Platinum Mining Market Size and Volume Forecast by Application
12.4.1. Refining of platinum
12.4.2. Jjewelery of platinum
12.4.3. Precious stone
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Platinum Mining Market Size and Volume Forecast by Type
12.7.1. Platinum
12.7.2. Palladium
12.7.3. Rhodium
12.7.4. Osmium
12.7.5. Ruthenium
12.7.6. Iridium
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Platinum Mining Demand Share, 2019-2026
13. Middle East & Africa Platinum Mining Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Platinum Mining Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Platinum Mining Market Size and Volume Forecast by Application
13.4.1. Refining of platinum
13.4.2. Jjewelery of platinum
13.4.3. Precious stone
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Platinum Mining Market Size and Volume Forecast by Type
13.7.1. Platinum
13.7.2. Palladium
13.7.3. Rhodium
13.7.4. Osmium
13.7.5. Ruthenium
13.7.6. Iridium
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Platinum Mining Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Platinum Mining Market: Market Share Analysis
14.2. Platinum Mining Distributors and Customers
14.3. Platinum Mining Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anglo AmericanPlatinumLtd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Impala
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lonmin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Norilsk Nickel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Platina Resources Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aquarius Platinum Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wesizwe Platinum Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zimplats Holdings Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sedibelo Platinum Mines Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Northam Platinum Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Incwala Resources (Pty) Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Royal Bafokeng Platinum
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Eastplats
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Platinum Group Metals Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sino-platinum
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jinchuan Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
