| Product Code: ETC7550098 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of PGM catalysts in 2024 saw a significant shift in concentration, moving from moderate to high concentration levels. The top exporting countries to India, including the USA, Italy, Japan, Germany, and Switzerland, played a key role in this trend. Despite a negative growth rate of -35.0% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood strong at 15.77%. This data indicates a dynamic market landscape for PGM catalyst imports in India, with potential opportunities and challenges for stakeholders to navigate in the coming years.

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 India PGM Catalyst Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PGM Catalyst Market Revenues & Volume, 2021 & 2031F |
3.3 India PGM Catalyst Market - Industry Life Cycle |
3.4 India PGM Catalyst Market - Porter's Five Forces |
3.5 India PGM Catalyst Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India PGM Catalyst Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 India PGM Catalyst Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India PGM Catalyst Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automotive catalysts due to stringent emission regulations in India |
4.2.2 Growth in the chemical industry leading to higher demand for catalysts |
4.2.3 Rising investments in infrastructure projects driving the demand for catalysts |
4.3 Market Restraints |
4.3.1 Volatility in prices of raw materials impacting production costs |
4.3.2 Limited availability of raw materials for catalyst production |
4.3.3 Environmental concerns and regulations affecting the usage of certain catalysts |
5 India PGM Catalyst Market Trends |
6 India PGM Catalyst Market, By Types |
6.1 India PGM Catalyst Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India PGM Catalyst Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 India PGM Catalyst Market Revenues & Volume, By Platinum (Pt), 2021- 2031F |
6.1.4 India PGM Catalyst Market Revenues & Volume, By Palladium (Pd), 2021- 2031F |
6.1.5 India PGM Catalyst Market Revenues & Volume, By Ruthenium (Ru), 2021- 2031F |
6.1.6 India PGM Catalyst Market Revenues & Volume, By Rhodium (Rh), 2021- 2031F |
6.1.7 India PGM Catalyst Market Revenues & Volume, By Iridium (Ir), 2021- 2031F |
6.2 India PGM Catalyst Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India PGM Catalyst Market Revenues & Volume, By Heterogeneous PGM catalyst, 2021- 2031F |
6.2.3 India PGM Catalyst Market Revenues & Volume, By Homogeneous PGM catalyst, 2021- 2031F |
6.3 India PGM Catalyst Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India PGM Catalyst Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.3 India PGM Catalyst Market Revenues & Volume, By Agrochemicals, 2021- 2031F |
6.3.4 India PGM Catalyst Market Revenues & Volume, By Chemicals Manufacturing, 2021- 2031F |
6.3.5 India PGM Catalyst Market Revenues & Volume, By Flavors & Fragrances, 2021- 2031F |
6.3.6 India PGM Catalyst Market Revenues & Volume, By Other End-Use, 2021- 2031F |
7 India PGM Catalyst Market Import-Export Trade Statistics |
7.1 India PGM Catalyst Market Export to Major Countries |
7.2 India PGM Catalyst Market Imports from Major Countries |
8 India PGM Catalyst Market Key Performance Indicators |
8.1 Average selling price of PGM catalysts in India |
8.2 Percentage of automotive manufacturers complying with emission standards |
8.3 Investment in RD for developing new catalyst technologies |
9 India PGM Catalyst Market - Opportunity Assessment |
9.1 India PGM Catalyst Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India PGM Catalyst Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 India PGM Catalyst Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India PGM Catalyst Market - Competitive Landscape |
10.1 India PGM Catalyst Market Revenue Share, By Companies, 2024 |
10.2 India PGM Catalyst Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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