Product Code: ETC198518 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Malaysia Rhodium market currently, in 2023, has witnessed an HHI of 5011, Which has increased moderately as compared to the HHI of 3403 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The rhodium market in Malaysia has steadily increased over the past few years and is expected to grow further due to higher demand for automotive catalytic converters, jewelry, and industrial applications. In 2025, the Malaysia rhodium market was valued at USD 5.3 million with a compound annual growth rate (CAGR) of 4.6% over the forecast period. The main sources of supply within the country include domestic mines and imported materials from South Africa, Russia, and Zimbabwe.
The rhodium market in Malaysia is driven by its applications in catalytic converters, electronics, and jewelry. The increasing focus on emission reduction and demand for high-performance materials contribute to its market outlook. As industries prioritize sustainability and technological advancements, the rhodium market is expected to witness growth.
The rhodium market in Malaysia faces challenges due to its applications in catalytic converters, electronics, and jewelry. Fluctuating rhodium prices, supply chain disruptions, and shifts in automotive trends impact market dynamics. Market players must monitor automotive industry developments, focus on sustainable technologies, and navigate price volatility for consistent growth.
The rhodium market in Malaysia faced challenges during the pandemic. Reduced demand from sectors like automotive, electronics, and catalysts influenced market dynamics. Supply chain disruptions and shifts in manufacturing further impacted availability. As industries adapt to changing market conditions and technological advancements, the rhodium market may experience recovery.
Key players like RhodiumTech Industries, RhodiumBlend Producers, and NutriRhodium Enterprises are expected to play a significant role in Malaysia rhodium market. These companies are poised to provide rhodium, a precious metal used in industries including catalysis, electronics, and jewelry. Their dedication to material quality, production reliability, and supporting diverse industrial applications positions them as leaders in the market.
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 Malaysia Rhodium Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Rhodium Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Rhodium Market - Industry Life Cycle |
3.4 Malaysia Rhodium Market - Porter's Five Forces |
3.5 Malaysia Rhodium Market Revenues & Volume Share, By Applications Segment, 2021 & 2031F |
3.6 Malaysia Rhodium Market Revenues & Volume Share, By Types Segment, 2021 & 2031F |
4 Malaysia Rhodium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rhodium in automotive catalysts due to stricter emission regulations. |
4.2.2 Growing use of rhodium in the electronics industry for electroplating applications. |
4.2.3 Expansion of the jewelry industry in Malaysia leading to higher consumption of rhodium. |
4.3 Market Restraints |
4.3.1 Fluctuations in rhodium prices in the global market affecting local market stability. |
4.3.2 Supply chain disruptions impacting the availability of rhodium in Malaysia. |
4.3.3 Competition from alternative materials or substitutes in certain applications. |
5 Malaysia Rhodium Market Trends |
6 Malaysia Rhodium Market, By Types |
6.1 Malaysia Rhodium Market, By Applications Segment |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Rhodium Market Revenues & Volume, By Applications Segment, 2021-2031F |
6.1.3 Malaysia Rhodium Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.4 Malaysia Rhodium Market Revenues & Volume, By Chemical & Petroleum, 2021-2031F |
6.1.5 Malaysia Rhodium Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.6 Malaysia Rhodium Market Revenues & Volume, By Investment & Jewelry, 2021-2031F |
6.1.7 Malaysia Rhodium Market Revenues & Volume, By Medical & Dental, 2021-2031F |
6.1.8 Malaysia Rhodium Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Rhodium Market, By Types Segment |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Rhodium Market Revenues & Volume, By Primary Rhodium, 2021-2031F |
6.2.3 Malaysia Rhodium Market Revenues & Volume, By Recycling Rhodium, 2021-2031F |
7 Malaysia Rhodium Market Import-Export Trade Statistics |
7.1 Malaysia Rhodium Market Export to Major Countries |
7.2 Malaysia Rhodium Market Imports from Major Countries |
8 Malaysia Rhodium Market Key Performance Indicators |
8.1 Average selling price of rhodium in Malaysia. |
8.2 Import/export volume of rhodium in Malaysia. |
8.3 Adoption rate of rhodium in different industries in Malaysia. |
9 Malaysia Rhodium Market - Opportunity Assessment |
9.1 Malaysia Rhodium Market Opportunity Assessment, By Applications Segment, 2021 & 2031F |
9.2 Malaysia Rhodium Market Opportunity Assessment, By Types Segment, 2021 & 2031F |
10 Malaysia Rhodium Market - Competitive Landscape |
10.1 Malaysia Rhodium Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Rhodium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |