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Platinum Market is expected to reach 7,449.05 Thousand Ounces by the end of this year, and is projected to register a CAGR of over 4.5% during the forecast period

Global Platinum Market Report 2022: Industrial Applications Continue to Fuel 4.5% Annual Growth - ResearchAndMarkets.com

The COVID-19 outbreak caused nationwide lockdowns around the world, disruption in manufacturing activities and supply chains, and production halts, all of which had a negative impact on the market in 2020. However, conditions began to improve in 2021-2022, which is expected to boost market growth during the forecast period

By AP News
Published - Nov 11, 2022, 07:30 AM ET
Last Updated - Jun 28, 2024, 03:11 AM EDT

DUBLIN--(BUSINESS WIRE)--Nov 11, 2022--

The "Platinum Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

Platinum Market is expected to reach 7,449.05 Thousand Ounces by the end of this year, and is projected to register a CAGR of over 4.5% during the forecast period.

The COVID-19 outbreak caused nationwide lockdowns around the world, disruption in manufacturing activities and supply chains, and production halts, all of which had a negative impact on the market in 2020. However, conditions began to improve in 2021-2022, which is expected to boost market growth during the forecast period.

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