Industry: Chemical & Material
Published Date: 2025-07-15
Pages: 127 Pages
Report ld: 3978026
Request Sample
Customized Report
The global market for Iridium was estimated to be worth US$ 1,358.34 million in 2024 and is forecast to a readjusted size of US$ 1,722.51 million by 2031 with a CAGR of 1.34% during the forecast period 2025-2031.
North American market for Iridium was valued at $ 256.98 million in 2024 and will reach $ 354.72 million by 2031, at a CAGR of 1.56% during the forecast period of 2025 through 2031.
Asia-Pacific market for Iridium was valued at $ 704.20 million in 2024 and will reach $ 897.28 million by 2031, at a CAGR of 1.99% during the forecast period of 2025 through 2031.
Europe market for Iridium was valued at $ 394.94 million in 2024 and will reach $ 467.12 million by 2031.
The global key companies of Iridium include Anglo American, Impala Platinum Holdings Limited, Norilsk Nickel, Northam, Sibanye-Stillwater, and Johnson Matthey, etc. In 2024, the global five largest players hold a share approximately 78.67% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Iridium, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Iridium by region & country, by Type, and by Application.
The Iridium market size, estimations, and forecasts are provided in terms of sales volume (Kg) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Iridium.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Iridium manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Iridium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Iridium in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview 1
1.1 Iridium Product Introduction 1
1.2 Global Iridium Market Size Forecast 1
1.2.1 Global Iridium Sales Value (2020-2031) 2
1.2.2 Global Iridium Sales Volume (2020-2031) 3
1.2.3 Global Iridium Sales Price (2020-2031) 5
1.3 Iridium Market Trends & Drivers 5
1.3.1 Iridium Industry Trends 5
1.3.2 Iridium Market Drivers & Opportunity 6
1.3.3 Iridium Market Challenges 7
1.3.4 Iridium Market Restraints 7
1.4 Assumptions and Limitations 8
1.5 Study Objectives 9
1.6 Years Considered 10
2 Competitive Analysis by Company 11
2.1 Global Iridium Players Revenue Share Ranking (2024) 11
2.2 Global Iridium Revenue by Company (2020-2025) 11
2.3 Global Iridium Players Sales Volume Share Ranking (2024) 12
2.4 Global Iridium Sales Volume by Company Players (2020-2025) 13
2.5 Global Iridium Average Price by Company (2020-2025) 14
2.6 Key Manufacturers Iridium Manufacturing Base and Headquarters 15
2.7 Key Manufacturers Iridium Product Offered 15
2.8 Iridium Market Competitive Analysis 16
2.8.1 Iridium Market Concentration Rate 16
2.8.2 Global 5 Largest Manufacturers by Iridium Revenue in 2024 16
2.8.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Iridium as of 2024) 16
2.9 Mergers & Acquisitions, Expansion 18
3 Segmentation by Type 19
3.1 Introduction by Type 19
3.1.1 Mineral Source 19
3.1.2 Recycling Source 19
3.2 Global Iridium Sales Value by Type 20
3.2.1 Global Iridium Sales Value by Type (2020 VS 2025 VS 2031) 21
3.2.2 Global Iridium Sales Value, by Type (2020-2031) 22
3.2.3 Global Iridium Sales Value, by Type (%) (2020-2031) 23
3.3 Global Iridium Sales Volume by Type 23
3.3.1 Global Iridium Sales Volume by Type (2020 VS 2025 VS 2031) 23
3.3.2 Global Iridium Sales Volume, by Type (2020-2031) 24
3.3.3 Global Iridium Sales Volume, by Type (%) (2020-2031) 25
3.4 Global Iridium Average Price by Type (2020-2031) 25
4 Segmentation by Application 26
4.1 Introduction by Application 26
4.1.1 Electrochemical 26
4.1.2 Electronic 26
4.1.3 Chemicals 27
4.1.4 Automotive Catalyst 28
4.2 Global Iridium Sales Value by Application 29
4.2.1 Global Iridium Sales Value by Application (2020 VS 2025 VS 2031) 30
4.2.2 Global Iridium Sales Value, by Application (2020-2031) 31
4.2.3 Global Iridium Sales Value, by Application (%) (2020-2031) 32
4.3 Global Iridium Sales Volume by Application 32
4.3.1 Global Iridium Sales Volume by Application (2020 VS 2025 VS 2031) 32
4.3.2 Global Iridium Sales Volume, by Application (2020-2031) 33
4.3.3 Global Iridium Sales Volume, by Application (%) (2020-2031) 34
4.4 Global Iridium Average Price by Application (2020-2031) 34
5 Segmentation by Region 36
5.1 Global Iridium Sales Value by Region 36
5.1.1 Global Iridium Sales Value by Region: 2020 VS 2025 VS 2031 36
5.1.2 Global Iridium Sales Value by Region (2020-2025) 36
5.1.3 Global Iridium Sales Value by Region (2026-2031) 36
5.1.4 Global Iridium Sales Value by Region (%), (2020-2031) 37
5.2 Global Iridium Sales Volume by Region 37
5.2.1 Global Iridium Sales Volume by Region: 2020 VS 2025 VS 2031 37
5.2.2 Global Iridium Sales Volume by Region (2020-2025) 38
5.2.3 Global Iridium Sales Volume by Region (2026-2031) 38
5.2.4 Global Iridium Sales Volume by Region (%), (2020-2031) 38
5.3 Global Iridium Average Price by Region (2020-2031) 39
5.4 North America 40
5.4.1 North America Iridium Sales Value, 2020-2031 40
5.4.2 North America Iridium Sales Value by Country (%), 2024 VS 2031 41
5.5 Europe 42
5.5.1 Europe Iridium Sales Value, 2020-2031 42
5.5.2 Europe Iridium Sales Value by Country (%), 2024 VS 2031 43
5.6 Asia Pacific 44
5.6.1 Asia Pacific Iridium Sales Value, 2020-2031 44
5.6.2 Asia Pacific Iridium Sales Value by Region (%), 2024 VS 2031 45
5.7 South America 46
5.7.1 South America Iridium Sales Value, 2020-2031 46
5.7.2 South America Iridium Sales Value by Country (%), 2024 VS 2031 47
5.8 Middle East & Africa 48
5.8.1 Middle East & Africa Iridium Sales Value, 2020-2031 48
5.8.2 Middle East & Africa Iridium Sales Value by Country (%), 2024 VS 2031 49
6 Segmentation by Key Countries/Regions 50
6.1 Key Countries/Regions Iridium Sales Value Growth Trends, 2020 VS 2025 VS 2031 50
6.2 Key Countries/Regions Iridium Sales Value and Sales Volume 51
6.2.1 Key Countries/Regions Iridium Sales Value, 2020-2031 51
6.2.2 Key Countries/Regions Iridium Sales Volume, 2020-2031 53
6.3 United States 56
6.3.1 United States Iridium Sales Value, 2020-2031 56
6.3.2 United States Iridium Sales Value by Type (%), 2024 VS 2031 57
6.3.3 United States Iridium Sales Value by Application, 2024 VS 2031 58
6.4 Europe 59
6.4.1 Europe Iridium Sales Value, 2020-2031 59
6.4.2 Europe Iridium Sales Value by Type (%), 2024 VS 2031 60
6.4.3 Europe Iridium Sales Value by Application, 2024 VS 2031 61
6.5 China 62
6.5.1 China Iridium Sales Value, 2020-2031 62
6.5.2 China Iridium Sales Value by Type (%), 2024 VS 2031 63
6.5.3 China Iridium Sales Value by Application, 2024 VS 2031 64
6.6 Japan 65
6.6.1 Japan Iridium Sales Value, 2020-2031 65
6.6.2 Japan Iridium Sales Value by Type (%), 2024 VS 2031 66
6.6.3 Japan Iridium Sales Value by Application, 2024 VS 2031 67
6.7 South Korea 68
6.7.1 South Korea Iridium Sales Value, 2020-2031 68
6.7.2 South Korea Iridium Sales Value by Type (%), 2024 VS 2031 69
6.7.3 South Korea Iridium Sales Value by Application, 2024 VS 2031 70
6.8 Southeast Asia 71
6.8.1 Southeast Asia Iridium Sales Value, 2020-2031 71
6.8.2 Southeast Asia Iridium Sales Value by Type (%), 2024 VS 2031 72
6.8.3 Southeast Asia Iridium Sales Value by Application, 2024 VS 2031 73
6.9 India 74
6.9.1 India Iridium Sales Value, 2020-2031 74
6.9.2 India Iridium Sales Value by Type (%), 2024 VS 2031 75
6.9.3 India Iridium Sales Value by Application, 2024 VS 2031 76
7 Company Profiles 77
7.1 Anglo American 77
7.1.1 Anglo American Company Information 77
7.1.2 Anglo American Introduction and Business Overview 77
7.1.3 Anglo American Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 78
7.1.4 Anglo American Iridium Product Offerings 78
7.2 Impala Platinum Holdings Limited 79
7.2.1 Impala Platinum Holdings Limited Company Information 79
7.2.2 Impala Platinum Holdings Limited Introduction and Business Overview 80
7.2.3 Impala Platinum Holdings Limited Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 80
7.2.4 Impala Platinum Holdings Limited Iridium Product Offerings 81
7.3 Sibanye-Stillwater 82
7.3.1 Sibanye-Stillwater Company Information 82
7.3.2 Sibanye-Stillwater Introduction and Business Overview 82
7.3.3 Sibanye-Stillwater Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 83
7.3.4 Sibanye-Stillwater Iridium Product Offerings 83
7.4 Johnson Matthey 85
7.4.1 Johnson Matthey Company Information 85
7.4.2 Johnson Matthey Introduction and Business Overview 86
7.4.3 Johnson Matthey Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 86
7.4.4 Johnson Matthey Iridium Product Offerings 87
7.5 Northam 87
7.5.1 Northam Company Information 87
7.5.2 Northam Introduction and Business Overview 88
7.5.3 Northam Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 88
7.5.4 Northam Iridium Product Offerings 88
7.6 Norilsk Nickel 89
7.6.1 Norilsk Nickel Company Information 89
7.6.2 Norilsk Nickel Introduction and Business Overview 90
7.6.3 Norilsk Nickel Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 90
7.6.4 Norilsk Nickel Iridium Product Offerings 91
7.7 Umicore 91
7.7.1 Umicore Company Information 91
7.7.2 Umicore Introduction and Business Overview 92
7.7.3 Umicore Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 93
7.7.4 Umicore Iridium Product Offerings 93
7.8 Heraeus Group 94
7.8.1 Heraeus Group Company Information 94
7.8.2 Heraeus Group Introduction and Business Overview 94
7.8.3 Heraeus Group Iridium Sales, Revenue, Price and Gross Margin (2020-2025) 95
7.8.4 Heraeus Group Iridium Product Offerings 95
8 Industry Chain Analysis 96
8.1 Iridium Industrial Chain 96
8.2 Iridium Upstream Analysis 96
8.2.1 Key Raw Materials 96
8.2.2 Raw Materials Key Suppliers 97
8.2.3 Manufacturing Cost Structure 98
8.3 Midstream Analysis 98
8.4 Downstream Analysis (Customers Analysis) 99
8.5 Sales Model and Sales Channels 99
8.5.1 Iridium Sales Model 99
8.5.2 Sales Channel 99
8.5.3 Iridium Distributors 100
9 Research Findings and Conclusion 101
10 Appendix 103
10.1 Research Methodology 103
10.1.1 Methodology/Research Approach 103
10.1.2 Data Source 106
10.2 Author Details 109
10.3 Disclaimer 110
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Iridium market size was US$ 1113 million in 2025 and is forecast to reach a readjusted size of US$ 1237 million by 2032 with a CAGR of 1.5% during the forecast period 2026-2032.
Published Date: 2026-01-04
Pages: 80
USD 4250.00
(Single User License)
The global Iridium market was valued at US$ 1113 million in 2025 and is anticipated to reach US$ 1237 million by 2032, at a CAGR of 1.5% from 2026 to 2032.
Published Date: 2026-01-04
Pages: 129
USD 2900.00
(Single User License)
The global market for Iridium was estimated to be worth US$ 1113 million in 2025 and is projected to reach US$ 1237 million, growing at a CAGR of 1.5% from 2026 to 2032.
Published Date: 2026-01-04
Pages: 91
USD 3950.00
(Single User License)
The global Iridium market is projected to grow from US$ 1349 million in 2024 to US$ 1220 million by 2031, at a CAGR of 1.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-09-11
Pages: 140
USD 4900.00
(Single User License)
The global Iridium market size was US$ 1349 million in 2024 and is forecast to a readjusted size of US$ 1220 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.
Published Date: 2025-08-05
Pages: 78
USD 4250.00
(Single User License)
The global market for Iridium was valued at US$ 1349 million in the year 2024 and is projected to reach a revised size of US$ 1220 million by 2031, growing at a CAGR of 1.5% during the forecast period.
Published Date: 2025-08-05
Pages: 94
USD 2900.00
(Single User License)
The global market for Iridium was estimated to be worth US$ 1405 million in 2024 and is forecast to a readjusted size of US$ 1954 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.
Published Date: 2025-02-24
Pages: 89
USD 3950.00
(Single User License)
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
Published Date: 2024-01-31
Pages: 89
USD 2900.00
(Single User License)
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
Published Date: 2024-01-24
Pages: 100
USD 3950.00
(Single User License)
The global Iridium market size was US$ 1113 million in 2025 and is forecast to reach a readjusted size of US$ 1237 million by 2032 with a CAGR of 1.5% during the forecast period 2026-2032.
Published: 2026-01-04
Pages: 80
The global Iridium market was valued at US$ 1113 million in 2025 and is anticipated to reach US$ 1237 million by 2032, at a CAGR of 1.5% from 2026 to 2032.
Published: 2026-01-04
Pages: 129
The global market for Iridium was estimated to be worth US$ 1113 million in 2025 and is projected to reach US$ 1237 million, growing at a CAGR of 1.5% from 2026 to 2032.
Published: 2026-01-04
Pages: 91
The global Iridium market is projected to grow from US$ 1349 million in 2024 to US$ 1220 million by 2031, at a CAGR of 1.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-09-11
Pages: 140
The global Iridium market size was US$ 1349 million in 2024 and is forecast to a readjusted size of US$ 1220 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.
Published: 2025-08-05
Pages: 78
The global market for Iridium was valued at US$ 1349 million in the year 2024 and is projected to reach a revised size of US$ 1220 million by 2031, growing at a CAGR of 1.5% during the forecast period.
Published: 2025-08-05
Pages: 94
The global market for Iridium was estimated to be worth US$ 1405 million in 2024 and is forecast to a readjusted size of US$ 1954 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.
Published: 2025-02-24
Pages: 89
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
Published: 2024-01-31
Pages: 89
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
Published: 2024-01-24
Pages: 100
REPORT COVERAGE
DESCRIPTION
MARKET SEGMENTATION
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now