Platinum
Catalysts
Fuel cells
Buy platinum
Raw material producers:
South Africa, Russia, Zimbabwe
Areas of application:
Chemical industry
Catalysts (automotive sector, industry)
Fuel cells (heavy goods traffic)
Medicine (pacemakers, stents, cancer therapy)
Market forecasts:
- Driven by heavy goods transport, demand for fuel cells is expected to increase by 28.3 % annually, from 23,000 units in 2024 to 353,000 by 2035.1
- The global platinum market is expected to grow at a compound annual growth rate (CAGR) of 5.1 % until 2031. Stricter emissions regulations around the world are increasing the demand for platinum in catalytic converters.2
1) iea.blob.core.windows.net/assets/89c1e382-dc59-46ca-aa47-9f7d41531ab5/GlobalHydrogenReview2024.pdf
2) platinuminvestment.com/about/60-seconds-in-platinum/2025/06/18