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Global Precious Metal Precursor Sales Market by Type (Platinum Nitrate, Rhodium Nitrate, Others), By Application (Petrochemical, Chemical and Pharmaceutical, Automobile Exhaust Purification Catalyst, Silicone, The Fuel Cell, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-65064
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 55
  • No. Of Pages: 244
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  • Pub. Date: 2021-04-04
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The Global Precious Metal Precursor Market size is projected to grow at a CAGR of 2.53% during the forecast period from 2021-2028. The market is rising at a fast pace and is driven by the growing demand for high-quality products in the petrochemical, chemical and pharmaceutical industries. The increasing need for automobile exhaust purification catalysts has also contributed to the growth of this market.

 

Precious metals are being used as catalysts because they have properties like excellent catalytic activity, high stability, and low toxicity which make them superior to other conventional materials such as platinum group metals (PGMs) or noble gases. In addition, the presence of these metals in their elemental form makes them suitable for fabrication into many shapes and sizes to suit various applications. Furthermore, there is an opportunity for rapid growth with new applications emerging in silicone production due to the significant advantages.

 

On the basis of Types, the market is segmented into Palladium Nitrate, Rhodium Nitrate, and Others. The demand for palladium nitrates is expected to grow due to their role as a catalyst in the petrochemical industry.

 

Palladium Nitrate:

Palladium Nitrate is a chemical compound of palladium, nitrogen, and oxygen. It is an odorless solid that has limited use in the jewelry industry as well other industries such as catalysts for hydrometallurgical processes when manufacturing precious metals (e.g., platinum, rhodium), coloring agents, semiconductor materials, and pharmaceuticals.

 

Rhodium Nitrate:

Rhodium Nitrate is a compound in the periodic table of chemical elements, with atomic number 45 and symbol Rh. It has two main applications: Electroplating Rhodium on other metals such as platinum or silver to create white gold jewelry; and Alternative fuel cell catalysts for hydrogen-based power generation from renewable electricity sources. The most common form of this compound is not soluble in water at all (rhodium nitride), while a less stable but more soluble version exists called rhodamine B.

 

On the basis of Application, the market is segmented into Petrochemical, Chemical, and Pharmaceuticals.

 

Petrochemical:

The use of Precious Metal Precursor in Petrochemical is to provide a catalyst for the production and refining process. The complexity can be reduced by adding small amounts of platinum, palladium, or rhodium nitrates to catalysts used in oil refineries. Global demand for these precious metals is also increasing with the growing need for petrochemicals due to economic growth and population increase, followed by automotive exhaust purification catalysts (automobile emissions) that are increasingly being specified as an emission control requirement on new automobiles.

 

Chemicals:

The most common application for the precious metal precursors is in chemical reactions. Palladium nitrate, platinum nitrate, and rhodium nitrates are used to make catalysts that change the way different chemicals react when mixed together. These types of changes happen very quickly and are often irreversible which makes them perfect for use in refining techniques like petroleum cracking or hydrogenation.

 

Pharmaceuticals:

Precious metal precursors are used in the manufacturing of pharmaceuticals. These elements possess a high reactivity which enables them to be catalysts for reactions such as hydrogenation, reduction, and oxidation among others. They can also act as stabilizers or binders for drugs like antibiotics ‍or anticancer compounds.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, and Asia-Pacific. The North American market is expected to dominate this market during the forecast period. The key factors driving this growth are increased demand from downstream applications and an increase in production facilities for automotive exhaust purification catalysts, silicone, fuel cells, or hydrogenation among others.

Europe will show significant growth with respect to the precious metal precursor market by 2028 due to the increasing chemical manufacturing industry coupled with the growing need for environment-friendly products such as platinum nitrate which is used as a catalyst for pollution removal while upgrading diesel engine performance.

The Asia-Pacific is expected to grow at a rapid pace during the forecast period due to factors such as population growth rates, economic development, and increasing demand for automobiles with catalytic converters installed.

 

Growth Factors For The Global Precious Metal Precursor Market:

  • Increasing demand for precious metals in the global market.
  • Growing need to develop more efficient and cleaner technologies for use in automobile exhaust purification catalysts.
  • Development of new applications such as fuel cells, silicone, etc., which require these products on a larger scale.

 

 

Up Market Research published a new report titled “Precious Metal Precursor Sales Market research report which is segmented by Types (Palladium Nitrate, Platinum Nitrate, Rhodium Nitrate, Others), By Applications (Petrochemical, Chemical and Pharmaceutical, Automobile Exhaust Purification Catalyst, Silicone, The Fuel Cell, Others), By Players/Companies TANAKA, Heraeus, Johnson Matthey, BASF, Umicore, Guiyan Platinum, Hangzhou Kaida Catalysis, Shaanxi Ruike”. 

 

Report Scope

Report Attributes Report Details
Report Title Precious Metal Precursor Sales Market Research Report
By Type Palladium Nitrate, Platinum Nitrate, Rhodium Nitrate, Others
By Application Petrochemical, Chemical and Pharmaceutical, Automobile Exhaust Purification Catalyst, Silicone, The Fuel Cell, Others
By Companies TANAKA, Heraeus, Johnson Matthey, BASF, Umicore, Guiyan Platinum, Hangzhou Kaida Catalysis, Shaanxi Ruike
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 244
Number of Tables & Figures 171
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Precious Metal Precursor Sales Industry Outlook
 

Global Precious Metal Precursor Sales Market Report Segments:

The market is segmented by Type Palladium Nitrate, Platinum Nitrate, Rhodium Nitrate, Others and By Application Petrochemical, Chemical and Pharmaceutical, Automobile Exhaust Purification Catalyst, Silicone, The Fuel Cell, Others.

 

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

  1. TANAKA
  2. Heraeus
  3. Johnson Matthey
  4. BASF
  5. Umicore
  6. Guiyan Platinum
  7. Hangzhou Kaida Catalysis
  8. Shaanxi Ruike
 

Precious Metal Precursor Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Precious Metal Precursor Sales Market
 

Overview of the regional outlook of the Precious Metal Precursor Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Precious Metal Precursor Sales Market Overview
 

Highlights of The Precious Metal Precursor Sales Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Precious Metal Precursor Sales Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Palladium Nitrate

                2. Platinum Nitrate

                3. Rhodium Nitrate

                4. Others

       7. By Application:

                1. Petrochemical

                2. Chemical and Pharmaceutical

                3. Automobile Exhaust Purification Catalyst

                4. Silicone

                5. The Fuel Cell

                6. 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 Precious Metal Precursor Sales 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 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Precious Metal Precursor Sales Market Statistics
 

Reasons to Purchase the Precious Metal Precursor Sales Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Precious Metal Precursor Sales 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 Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size & Forecast, 2018-2028 
      4.5.1 Precious Metal Precursor Sales Market Size and Y-o-Y Growth 
      4.5.2 Precious Metal Precursor Sales Market Absolute $ Opportunity 


Chapter 5 Global Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Type
      5.2.1 Palladium Nitrate
      5.2.2 Platinum Nitrate
      5.2.3 Rhodium Nitrate
      5.2.4 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Applications
      6.2.1 Petrochemical
      6.2.2 Chemical and Pharmaceutical
      6.2.3 Automobile Exhaust Purification Catalyst
      6.2.4 Silicone
      6.2.5 The Fuel Cell
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Precious Metal Precursor Sales 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 Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Analysis and Forecast
   9.1 Introduction
   9.2 North America Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Type
      9.6.1 Palladium Nitrate
      9.6.2 Platinum Nitrate
      9.6.3 Rhodium Nitrate
      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 Precious Metal Precursor Sales Market Size Forecast by Applications
      9.10.1 Petrochemical
      9.10.2 Chemical and Pharmaceutical
      9.10.3 Automobile Exhaust Purification Catalyst
      9.10.4 Silicone
      9.10.5 The Fuel Cell
      9.10.6 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 Precious Metal Precursor Sales Analysis and Forecast
   10.1 Introduction
   10.2 Europe Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Type
      10.6.1 Palladium Nitrate
      10.6.2 Platinum Nitrate
      10.6.3 Rhodium Nitrate
      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 Precious Metal Precursor Sales Market Size Forecast by Applications
      10.10.1 Petrochemical
      10.10.2 Chemical and Pharmaceutical
      10.10.3 Automobile Exhaust Purification Catalyst
      10.10.4 Silicone
      10.10.5 The Fuel Cell
      10.10.6 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 Precious Metal Precursor Sales Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Type
      11.6.1 Palladium Nitrate
      11.6.2 Platinum Nitrate
      11.6.3 Rhodium Nitrate
      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 Precious Metal Precursor Sales Market Size Forecast by Applications
      11.10.1 Petrochemical
      11.10.2 Chemical and Pharmaceutical
      11.10.3 Automobile Exhaust Purification Catalyst
      11.10.4 Silicone
      11.10.5 The Fuel Cell
      11.10.6 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 Precious Metal Precursor Sales Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Precious Metal Precursor Sales 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 Precious Metal Precursor Sales Market Size Forecast by Type
      12.6.1 Palladium Nitrate
      12.6.2 Platinum Nitrate
      12.6.3 Rhodium Nitrate
      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 Precious Metal Precursor Sales Market Size Forecast by Applications
      12.10.1 Petrochemical
      12.10.2 Chemical and Pharmaceutical
      12.10.3 Automobile Exhaust Purification Catalyst
      12.10.4 Silicone
      12.10.5 The Fuel Cell
      12.10.6 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) Precious Metal Precursor Sales Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Precious Metal Precursor Sales 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) Precious Metal Precursor Sales Market Size Forecast by Type
      13.6.1 Palladium Nitrate
      13.6.2 Platinum Nitrate
      13.6.3 Rhodium Nitrate
      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) Precious Metal Precursor Sales Market Size Forecast by Applications
      13.10.1 Petrochemical
      13.10.2 Chemical and Pharmaceutical
      13.10.3 Automobile Exhaust Purification Catalyst
      13.10.4 Silicone
      13.10.5 The Fuel Cell
      13.10.6 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 Precious Metal Precursor Sales Market: Competitive Dashboard
   14.2 Global Precious Metal Precursor Sales Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 TANAKA
      14.3.2 Heraeus
      14.3.3 Johnson Matthey
      14.3.4 BASF
      14.3.5 Umicore
      14.3.6 Guiyan Platinum
      14.3.7 Hangzhou Kaida Catalysis
      14.3.8 Shaanxi Ruike
Segments Covered in the Report
The global Precious Metal Precursor Sales market has been segmented based on

By Types
  • Palladium Nitrate
  • Platinum Nitrate
  • Rhodium Nitrate
  • Others
By Applications
  • Petrochemical
  • Chemical and Pharmaceutical
  • Automobile Exhaust Purification Catalyst
  • Silicone
  • The Fuel Cell
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • TANAKA
  • Heraeus
  • Johnson Matthey
  • BASF
  • Umicore
  • Guiyan Platinum
  • Hangzhou Kaida Catalysis
  • Shaanxi Ruike

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