Research and innovation | REF: IN173 V1

Platinum Group Metals (PGM): Markets and innovations

Author: Xavier de LOGIVIERE

Publication date: August 10, 2014 | Lire en français

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2. Economic overview

There are a wide variety of applications for PGMs, but the automotive sector remains the one with the most market opportunities: today, needs are driven by catalytic converters; tomorrow, with the popularity of electric and hybrid vehicles, fuel cells will become more widespread, and new needs for precious metals can be expected. Tables 1 to 4 give an overview of trends in the main markets.

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