Product Code: ETC6187408 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s PGM (Platinum Group Metals) catalyst market is vital for the automotive, chemical, and refining industries. As emission regulations become stricter, PGM-based catalytic converters are in demand for reducing vehicle exhaust pollutants. While Australia is a global supplier of platinum and palladium, domestic use of PGM catalysts is influenced by trends in clean energy and industrial processing.
Australias PGM (Platinum Group Metals) catalyst market is benefitting from growth in industrial emissions control and fuel cell technologies. The trend toward clean energy, especially hydrogen fuel cells, is driving demand for platinum and other PGMs in catalytic converters and renewable energy systems. Additionally, the mining-rich nature of Australia positions it well for domestic production and supply of PGM catalysts, supporting local sustainability goals.
The PGM (Platinum Group Metals) Catalyst Market in Australia is challenged by the volatility of metal prices, as the price of platinum and other metals used in these catalysts can fluctuate significantly. The ongoing push for cleaner and more efficient catalysts requires continuous innovation, which adds to the research and development costs for companies. Additionally, the recycling and reusability of PGMs is a key issue, as there is a growing need to ensure sustainability while maintaining performance standards. The reliance on global supply chains for these metals also exposes the market to external economic and political risks.
The PGM (Platinum Group Metals) catalyst market in Australia benefits from investment policies that encourage the use of clean energy technologies and the reduction of environmental impacts. The Australia government supports investments in the development of advanced catalysts for industrial applications, offering grants and incentives for companies focused on improving energy efficiency and reducing emissions. Policies also promote the recycling of precious metals used in catalysts, ensuring a more sustainable supply chain. The governments focus on green hydrogen and other clean technologies creates further opportunities for growth in the PGM catalyst market.
Australia`s policies related to the platinum group metals (PGM) catalyst market focus on environmental sustainability and technological innovation. These policies aim to encourage the use of PGMs in industries such as automotive and energy, particularly for their role in reducing emissions and improving efficiency. The government provides incentives for businesses to adopt PGMs in catalytic converters and other environmentally beneficial technologies. Regulations ensure that the extraction and use of PGMs are done in an environmentally responsible manner, with specific guidelines on reducing waste and pollution. Additionally, research funding supports the development of new applications for PGMs in various industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia PGM Catalyst Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia PGM Catalyst Market Revenues & Volume, 2021 & 2031F |
3.3 Australia PGM Catalyst Market - Industry Life Cycle |
3.4 Australia PGM Catalyst Market - Porter's Five Forces |
3.5 Australia PGM Catalyst Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Australia PGM Catalyst Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Australia PGM Catalyst Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia PGM Catalyst Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia PGM Catalyst Market Trends |
6 Australia PGM Catalyst Market, By Types |
6.1 Australia PGM Catalyst Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Australia PGM Catalyst Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Australia PGM Catalyst Market Revenues & Volume, By Platinum (Pt), 2021- 2031F |
6.1.4 Australia PGM Catalyst Market Revenues & Volume, By Palladium (Pd), 2021- 2031F |
6.1.5 Australia PGM Catalyst Market Revenues & Volume, By Ruthenium (Ru), 2021- 2031F |
6.1.6 Australia PGM Catalyst Market Revenues & Volume, By Rhodium (Rh), 2021- 2031F |
6.1.7 Australia PGM Catalyst Market Revenues & Volume, By Iridium (Ir), 2021- 2031F |
6.2 Australia PGM Catalyst Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Australia PGM Catalyst Market Revenues & Volume, By Heterogeneous PGM catalyst, 2021- 2031F |
6.2.3 Australia PGM Catalyst Market Revenues & Volume, By Homogeneous PGM catalyst, 2021- 2031F |
6.3 Australia PGM Catalyst Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Australia PGM Catalyst Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.3 Australia PGM Catalyst Market Revenues & Volume, By Agrochemicals, 2021- 2031F |
6.3.4 Australia PGM Catalyst Market Revenues & Volume, By Chemicals Manufacturing, 2021- 2031F |
6.3.5 Australia PGM Catalyst Market Revenues & Volume, By Flavors & Fragrances, 2021- 2031F |
6.3.6 Australia PGM Catalyst Market Revenues & Volume, By Other End-Use, 2021- 2031F |
7 Australia PGM Catalyst Market Import-Export Trade Statistics |
7.1 Australia PGM Catalyst Market Export to Major Countries |
7.2 Australia PGM Catalyst Market Imports from Major Countries |
8 Australia PGM Catalyst Market Key Performance Indicators |
9 Australia PGM Catalyst Market - Opportunity Assessment |
9.1 Australia PGM Catalyst Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Australia PGM Catalyst Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Australia PGM Catalyst Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia PGM Catalyst Market - Competitive Landscape |
10.1 Australia PGM Catalyst Market Revenue Share, By Companies, 2024 |
10.2 Australia PGM Catalyst Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |