Mining Commodities & Minerals · Direct
Monitoring · monthlyProcurement Category Intelligence
Platinum Group Metals - Mined
Overview
Market size
$17.5B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
4 high severity
Market outlook
2031$20.5B
What changed
Demand by region
Asia Pacific demand44%
North America demand24%
Europe demand20%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Direct Labor and Mining Personnel45%
Electricity and Grid Power20%
Reagents, Explosives, and Consumables15%
Sustaining Capital and Asset Maintenance12%
Logistics and Inland Freight8%
share of delivered cost (analyst estimate)