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Iridium- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032

Industry: Chemical & Material

Published Date: 2026-01-04

Pages: 91 Pages

Report ld: 5496469

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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Iridium Market Size(US$)

CAGR 2026-2032

1.5%

Market Size,2032

USD 1,237

Million

Market Snapshot

Market Size in 2026 (Value)

US$ 1,129 million

Market Forecast in 2032(Value)

US$ 1,237 million

CAGR

1.5%

Years Considered

2021-2032

Base Year

2026

Forecast Period

2026-2032

Source: Secondary research, interviews with experts, and QYResearch analysis

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.

The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Iridium cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Iridium is a dense, corrosion-resistant, and highly durable transition metal belonging to the platinum group. With an atomic number of 77, it is one of the rarest elements in the Earth's crust and is known for its exceptional resistance to heat, oxidation, and chemical attack. Iridium has a silvery-white appearance and is often used in high-performance applications such as electrical contacts, spark plugs, crucibles for crystal growth, and components for aerospace and medical devices. Due to its hardness and brittleness, it is typically alloyed with other metals like platinum to enhance its workability while retaining its extreme stability under harsh conditions.

Iridium, produced almost exclusively as a byproduct of nickel and copper smelting, has a very limited global annual output of only about 8 to 9 tons. It is approximately 1.5 times harder than steel and is the second most dense element after osmium. With exceptional resistance to heat and corrosion—it does not oxidize in air below 2000°C and is insoluble in acids and aqua regia—iridium is widely used in applications such as white OLEDs, spark plugs, and as a key anode catalyst in proton exchange membrane (PEM) electrolyzers.

Green hydrogen is regarded as a cornerstone for the global energy transition, with PEM electrolysis emerging as a leading production technology. By 2030, global electrolyzer capacity is projected to reach 40 GW, and over 5,700 GW by 2050. However, iridium’s extreme scarcity poses a major bottleneck: even if all available iridium were allocated to hydrogen applications, it could support only about 30 GW of PEM electrolyzer capacity, as iridium oxide remains the most active and stable oxygen evolution catalyst for this process.

Iridium supply has not kept pace with demand growth, in part because its production is tied to the platinum group metals (PGM) industry, which has seen sluggish growth in recent years. To address supply constraints, researchers are exploring ways to reduce iridium loading in electrolyzers without compromising performance or durability. Strategies include increasing catalyst surface area using structured supports or synthesizing high-surface-area nanoparticles. Lab results show potential for over tenfold reduction in catalyst use, though further validation under industrial conditions is needed.

Recycling is also seen as a key solution. While current iridium recovery rates are low, some studies predict this could rise to around 90%—comparable to platinum and palladium—once electrolyzers begin reaching end of life and recycling systems mature. In addition to primary supply, recycled iridium is expected to account for a growing share of the global supply. According to QYResearch analysts, both production and demand for iridium are expected to see moderate growth, consistent with the broader PGM industry trend.

This report provides a comprehensive view of the global market for Iridium, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Source, and by Application.

The Iridium market size, estimations, and forecasts are presented in terms of sales volume (kg) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Iridium.

MARKET SEGMENTATION

By Company

Anglo American
Impala Platinum Holdings Limited
Sibanye-Stillwater
Johnson Matthey
Northam
Norilsk Nickel
Umicore
Heraeus Group

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Mineral Source
Recycling Source

Segment by Application

Electrochemical
Electronic
Chemicals
Automotive Catalyst
Others

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.

Chapter 2: Provides a detailed analysis of the Iridium manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).

Chapter 3: Analyzes market segmentation by Source, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.

Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.

Chapter 5: Presents Iridium sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.

Chapter 6: Presents Iridium sales and revenue at the country level. It provides segmented data by Source and by Application for each country/region.

Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.

Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.

Chapter 9: Conclusion.

biaoTi 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:

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TABLE OF CONTENTS

1 Market Overview

1.1 Iridium Product Introduction

1.2 Global Iridium Market Size Forecast

1.2.1 Global Iridium Sales Value (2021–2032)

1.2.2 Global Iridium Sales Volume (2021–2032)

1.2.3 Global Iridium Sales Price (2021–2032)

1.3 Iridium Market Trends & Drivers

1.3.1 Iridium Industry Trends

1.3.2 Iridium Market Drivers & Opportunities

1.3.3 Iridium Market Challenges

1.3.4 Iridium Market Restraints

1.3.5 Impact of U.S. Tariffs

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Competitive Analysis by Company

2.1 Global Iridium Players Revenue Ranking (2025)

2.2 Global Iridium Revenue by Company (2021–2026)

2.3 Global Iridium Sales Volume Ranking of Players (2025)

2.4 Global Iridium Sales Volume by Company (2021–2026)

2.5 Global Iridium Average Price by Company (2021–2026)

2.6 Key Manufacturers Iridium Manufacturing Base and Headquarters

2.7 Key Manufacturers Iridium Product Offerings

2.8 Key Manufacturers Start of Mass Production of Iridium

2.9 Iridium Market Competitive Analysis

2.9.1 Iridium Market Concentration Rate (2021–2026)

2.9.2 Global 5 and 10 Largest Manufacturers by Iridium Revenue in 2025

2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Iridium revenue, 2025

2.10 Mergers & Acquisitions and Expansion

3 Segmentation Iridium Market Classification

3.1 Introduction by Source

3.1.1 Mineral Source

3.1.2 Recycling Source

3.1.3 Global Iridium Sales Value by Source

3.1.3.1 Global Iridium Sales Value by Source (2021 vs 2025 vs 2032)

3.1.3.2 Global Iridium Sales Value, by Source (2021–2032)

3.1.3.3 Global Iridium Sales Value, by Source (%), 2021–2032

3.1.4 Global Iridium Sales Volume by Source

3.1.4.1 Global Iridium Sales Volume by Source (2021 vs 2025 vs 2032)

3.1.4.2 Global Iridium Sales Volume, by Source (2021–2032)

3.1.4.3 Global Iridium Sales Volume, by Source (%), 2021–2032

3.1.5 Global Iridium Average Price by Source (2021–2032)

4 Segmentation by Application

4.1 Introduction by Application

4.1.1 Electrochemical

4.1.2 Electronic

4.1.3 Chemicals

4.1.4 Automotive Catalyst

4.1.5 Others

4.2 Global Iridium Sales Value by Application

4.2.1 Global Iridium Sales Value by Application (2021 vs 2025 vs 2032)

4.2.2 Global Iridium Sales Value, by Application (2021–2032)

4.2.3 Global Iridium Sales Value, by Application (%), 2021–2032

4.3 Global Iridium Sales Volume by Application

4.3.1 Global Iridium Sales Volume by Application (2021 vs 2025 vs 2032)

4.3.2 Global Iridium Sales Volume, by Application (2021–2032)

4.3.3 Global Iridium Sales Volume, by Application (%), 2021–2032

4.4 Global Iridium Average Price by Application (2021–2032)

5 Segmentation by Region

5.1 Global Iridium Sales Value by Region

5.1.1 Global Iridium Sales Value by Region: 2021 vs 2025 vs 2032

5.1.2 Global Iridium Sales Value by Region (2021–2026)

5.1.3 Global Iridium Sales Value by Region (2027–2032)

5.1.4 Global Iridium Sales Value by Region (%), 2021–2032

5.2 Global Iridium Sales Volume by Region

5.2.1 Global Iridium Sales Volume by Region: 2021 vs 2025 vs 2032

5.2.2 Global Iridium Sales Volume by Region (2021–2026)

5.2.3 Global Iridium Sales Volume by Region (2027–2032)

5.2.4 Global Iridium Sales Volume by Region (%), 2021–2032

5.3 Global Iridium Average Price by Region (2021–2032)

5.4 North America

5.4.1 North America Iridium Sales Value, 2021–2032

5.4.2 North America Iridium Sales Value by Country (%), 2025 vs 2032

5.5 Europe

5.5.1 Europe Iridium Sales Value, 2021–2032

5.5.2 Europe Iridium Sales Value by Country (%), 2025 vs 2032

5.6 Asia Pacific

5.6.1 Asia Pacific Iridium Sales Value, 2021–2032

5.6.2 Asia Pacific Iridium Sales Value by Region (%), 2025 vs 2032

5.7 South America

5.7.1 South America Iridium Sales Value, 2021–2032

5.7.2 South America Iridium Sales Value by Country (%), 2025 vs 2032

5.8 Middle East & Africa

5.8.1 Middle East & Africa Iridium Sales Value, 2021–2032

5.8.2 Middle East & Africa Iridium Sales Value by Country (%), 2025 vs 2032

6 Segmentation by Key Countries/Regions

6.1 Key Countries/Regions Iridium Sales Value Growth Trends, 2021 vs 2025 vs 2032

6.2 Key Countries/Regions Iridium Sales Value and Sales Volume

6.2.1 Key Countries/Regions Iridium Sales Value, 2021–2032

6.2.2 Key Countries/Regions Iridium Sales Volume, 2021–2032

6.3 United States

6.3.1 United States Iridium Sales Value, 2021–2032

6.3.2 United States Iridium Sales Value by Source (%), 2025 vs 2032

6.3.3 United States Iridium Sales Value by Application, 2025 vs 2032

6.4 Europe

6.4.1 Europe Iridium Sales Value, 2021–2032

6.4.2 Europe Iridium Sales Value by Source (%), 2025 vs 2032

6.4.3 Europe Iridium Sales Value by Application, 2025 vs 2032

6.5 China

6.5.1 China Iridium Sales Value, 2021–2032

6.5.2 China Iridium Sales Value by Source (%), 2025 vs 2032

6.5.3 China Iridium Sales Value by Application, 2025 vs 2032

6.6 Japan

6.6.1 Japan Iridium Sales Value, 2021–2032

6.6.2 Japan Iridium Sales Value by Source (%), 2025 vs 2032

6.6.3 Japan Iridium Sales Value by Application, 2025 vs 2032

6.7 South Korea

6.7.1 South Korea Iridium Sales Value, 2021–2032

6.7.2 South Korea Iridium Sales Value by Source (%), 2025 vs 2032

6.7.3 South Korea Iridium Sales Value by Application, 2025 vs 2032

6.8 Southeast Asia

6.8.1 Southeast Asia Iridium Sales Value, 2021–2032

6.8.2 Southeast Asia Iridium Sales Value by Source (%), 2025 vs 2032

6.8.3 Southeast Asia Iridium Sales Value by Application, 2025 vs 2032

6.9 India

6.9.1 India Iridium Sales Value, 2021–2032

6.9.2 India Iridium Sales Value by Source (%), 2025 vs 2032

6.9.3 India Iridium Sales Value by Application, 2025 vs 2032

7 Company Profiles

7.1 Anglo American

7.1.1 Anglo American Company Information

7.1.2 Anglo American Introduction and Business Overview

7.1.3 Anglo American Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.1.4 Anglo American Iridium Product Offerings

7.1.5 Anglo American Recent Developments

7.2 Impala Platinum Holdings Limited

7.2.1 Impala Platinum Holdings Limited Company Information

7.2.2 Impala Platinum Holdings Limited Introduction and Business Overview

7.2.3 Impala Platinum Holdings Limited Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.2.4 Impala Platinum Holdings Limited Iridium Product Offerings

7.2.5 Impala Platinum Holdings Limited Recent Developments

7.3 Sibanye-Stillwater

7.3.1 Sibanye-Stillwater Company Information

7.3.2 Sibanye-Stillwater Introduction and Business Overview

7.3.3 Sibanye-Stillwater Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.3.4 Sibanye-Stillwater Iridium Product Offerings

7.3.5 Sibanye-Stillwater Recent Developments

7.4 Johnson Matthey

7.4.1 Johnson Matthey Company Information

7.4.2 Johnson Matthey Introduction and Business Overview

7.4.3 Johnson Matthey Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.4.4 Johnson Matthey Iridium Product Offerings

7.4.5 Johnson Matthey Recent Developments

7.5 Northam

7.5.1 Northam Company Information

7.5.2 Northam Introduction and Business Overview

7.5.3 Northam Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.5.4 Northam Iridium Product Offerings

7.5.5 Northam Recent Developments

7.6 Norilsk Nickel

7.6.1 Norilsk Nickel Company Information

7.6.2 Norilsk Nickel Introduction and Business Overview

7.6.3 Norilsk Nickel Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.6.4 Norilsk Nickel Iridium Product Offerings

7.6.5 Norilsk Nickel Recent Developments

7.7 Umicore

7.7.1 Umicore Company Information

7.7.2 Umicore Introduction and Business Overview

7.7.3 Umicore Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.7.4 Umicore Iridium Product Offerings

7.7.5 Umicore Recent Developments

7.8 Heraeus Group

7.8.1 Heraeus Group Company Information

7.8.2 Heraeus Group Introduction and Business Overview

7.8.3 Heraeus Group Iridium Sales, Revenue, Price and Gross Margin (2021–2026)

7.8.4 Heraeus Group Iridium Product Offerings

7.8.5 Heraeus Group Recent Developments

8 Industry Chain Analysis

8.1 Iridium Industrial Chain

8.2 Iridium Upstream Analysis

8.2.1 Key Raw Materials

8.2.2 Key Suppliers of Raw Materials

8.2.3 Manufacturing Cost Structure

8.3 Midstream Analysis

8.4 Downstream Analysis (Customer Analysis)

8.5 Sales Model and Sales Channelss

8.5.1 Iridium Sales Model

8.5.2 Sales Channels

8.5.3 Iridium Distributors

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.1.1 Research Programs/Design

10.1.1.2 Market Size Estimation

10.1.1.3 Market Breakdown and Data Triangulation

10.1.2 Data Source

10.1.2.1 Secondary Sources

10.1.2.2 Primary Sources

10.2 Author Details

10.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Iridium Market Trends

Table 2. Iridium Market Drivers & Opportunities

Table 3. Iridium Market Challenges

Table 4. Iridium Market Restraints

List of Figures

Figure 1. Iridium Product Picture

Figure 2. Global Iridium Sales Value, 2021 vs 2025 vs 2032 (US$ Million)

Figure 3. Global Iridium Sales Value (US$ Million), 2021–2032

Figure 4. Global Iridium Sales Volume (kg), 2021–2032

Figure 5. Global Iridium Sales Price (US$/kg), 2021–2032

Figure 6. Iridium Report Years Considered

Figure 7. Global Iridium Players Revenue Ranking (US$ Million), 2025

Figure 8. Global Iridium Sales Volume Ranking of Players (kg), 2025

Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Iridium Revenue in 2025

Figure 10. Iridium Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025

Figure 11. Mineral Source Picture

Figure 12. Recycling Source Picture

Figure 13. Global Iridium Sales Value by Source (US$ Million), 2021 vs 2025 vs 2032

Figure 14. Global Iridium Sales Value Market Share by Source, 2025 & 2032

Figure 15. Global Iridium Sales Volume by Source (kg), 2021 vs 2025 vs 2032

Figure 16. Global Iridium Sales Volume Market Share by Source, 2025 & 2032

Figure 17. Global Iridium Price by Source (US$/kg), 2021–2032

Figure 18. Product Picture of Electrochemical

Figure 19. Product Picture of Electronic

Figure 20. Product Picture of Chemicals

Figure 21. Product Picture of Automotive Catalyst

Figure 22. Product Picture of Others

Figure 23. Global Iridium Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032

Figure 24. Global Iridium Sales Value Market Share by Application, 2025 & 2032

Figure 25. Global Iridium Sales Volume by Application (kg), 2021 vs 2025 vs 2032

Figure 26. Global Iridium Sales Volume Market Share by Application, 2025 & 2032

Figure 27. Global Iridium Price by Application (US$/kg), 2021–2032

Figure 28. North America Iridium Sales Value (US$ Million), 2021–2032

Figure 29. North America Iridium Sales Value by Country (%), 2025 vs 2032

Figure 30. Europe Iridium Sales Value (US$ Million), 2021–2032

Figure 31. Europe Iridium Sales Value by Country (%), 2025 vs 2032

Figure 32. Asia Pacific Iridium Sales Value (US$ Million), 2021–2032

Figure 33. Asia Pacific Iridium Sales Value by Region (%), 2025 vs 2032

Figure 34. South America Iridium Sales Value (US$ Million), 2021–2032

Figure 35. South America Iridium Sales Value by Country (%), 2025 vs 2032

Figure 36. Middle East & Africa Iridium Sales Value (US$ Million), 2021–2032

Figure 37. Middle East & Africa Iridium Sales Value by Country (%), 2025 vs 2032

Figure 38. Key Countries/Regions Iridium Sales Value (%), 2021–2032

Figure 39. Key Countries/Regions Iridium Sales Volume (%), 2021–2032

Figure 40. United States Iridium Sales Value (US$ Million), 2021–2032

Figure 41. United States Iridium Sales Value by Source (%), 2025 vs 2032

Figure 42. United States Iridium Sales Value by Application (%), 2025 vs 2032

Figure 43. Europe Iridium Sales Value (US$ Million), 2021–2032

Figure 44. Europe Iridium Sales Value by Source (%), 2025 vs 2032

Figure 45. Europe Iridium Sales Value by Application (%), 2025 vs 2032

Figure 46. China Iridium Sales Value (US$ Million), 2021–2032

Figure 47. China Iridium Sales Value by Source (%), 2025 vs 2032

Figure 48. China Iridium Sales Value by Application (%), 2025 vs 2032

Figure 49. Japan Iridium Sales Value (US$ Million), 2021–2032

Figure 50. Japan Iridium Sales Value by Source (%), 2025 vs 2032

Figure 51. Japan Iridium Sales Value by Application (%), 2025 vs 2032

Figure 52. South Korea Iridium Sales Value (US$ Million), 2021–2032

Figure 53. South Korea Iridium Sales Value by Source (%), 2025 vs 2032

Figure 54. South Korea Iridium Sales Value by Application (%), 2025 vs 2032

Figure 55. Southeast Asia Iridium Sales Value (US$ Million), 2021–2032

Figure 56. Southeast Asia Iridium Sales Value by Source (%), 2025 vs 2032

Figure 57. Southeast Asia Iridium Sales Value by Application (%), 2025 vs 2032

Figure 58. India Iridium Sales Value (US$ Million), 2021–2032

Figure 59. India Iridium Sales Value by Source (%), 2025 vs 2032

Figure 60. India Iridium Sales Value by Application (%), 2025 vs 2032

Figure 61. Iridium Industrial Chain

Figure 62. Iridium Manufacturing Cost Structure

Figure 63. Channels of Distribution (Direct Sales, and Distribution)

Figure 64. Bottom-up and Top-down Approaches for This Report

Figure 65. Data Triangulation

Figure 66. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

What is the annual compound growth rate of the global Iridium market size from 2026 to 2032? zhanKai

The annual compound growth rate of the global Iridium market is 1.5% 2026 to 2032.

Which region is expected to have the highest market share? shouQi

What was the global market size of Iridium in 2032? shouQi

Which companies rank high in the global Iridium market? shouQi

What was the global market size of Iridium in 2026? shouQi

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USD 4250.00 (Single User License)
Global Iridium Market Research Report 2026
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
USD 2900.00 (Single User License)
Global Iridium Market Outlook, In‑Depth Analysis & Forecast to 2031
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
USD 4900.00 (Single User License)
Global Iridium Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
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
USD 4250.00 (Single User License)
Global Iridium Market Research Report 2025
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
USD 2900.00 (Single User License)
Iridium - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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.
Published: 2025-07-15
Pages: 127
USD 3950.00 (Single User License)
Iridium- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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
USD 3950.00 (Single User License)
Global Iridium Market Research Report 2024
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
USD 2900.00 (Single User License)
Iridium - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
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
USD 3950.00 (Single User License)