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Global Rhodium Market Size

Rhodium Market size was valued at USD 2.1 billion in 2021 and is poised to grow from USD 2.21 billion in 2022 to USD 3.98 billion by 2030, growing at a CAGR of 5.7% in the forecast period (2023-2030).

Swetachakraborty
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Global Rhodium Market Size

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  1. Global Rhodium Market Size, Share, Growth Analysis, By Type By Source By Application Industry Forecast 2023- 2030 Rhodium Market size was valued at USD 2.1 billion in 2021 and is poised to grow from USD 2.21 billion in 2022 to USD 3.98 billion by 2030, growing at a CAGR of 5.7% in the forecast period (2023-2030). Rhodium is a platinum group metal resistant to corrosion and highly reflective. It is considered as the least available and most precious metal in the world. The global rhodium produced is majorly used for making catalysts which minimizes the harmful elements ratio derived from vehicle exhausts. The global rhodium market growth can grow significantly with the demand for catalytic converters used in the automotive industry, and also the increasing demand for rhodium in other industrial sectors. After the outbreak of Covid-19 pandemic, the rhodium market was hard hit due to hampered prices of the precious metals. The automotive industry faced huge

  2. challenges due to the backlash of lockdown norms. But after the upliftment of the lockdown regulations, the market is anticipated to grow at a good pace. Global Rhodium Market Segmental Analysis The global rhodium market is segmented on the basis of type, source, application, and region. Based on type, the market is segmented into alloys, metals, and compounds. In terms of source, the rhodium market is segmented into mineral source, and recycling resource. With respect to segmentation by application, the Rhodium Market is categorized into chemical

  3. manufacturing, catalyst, electrical & electronics, jewellery, and others. View-More https://www.skyquestt.com/report/rhodium-market Rhodium Market Top Player's Company Profiles •Anglo American Platinum Ltd. •Impala Platinum Holdings Limited •Norilsk Nickel •Stillwater Mining Company •Sibanye-Stillwater •Lonmin Plc •Johnson Matthey •Heraeus Holding GmbH •Umicore SA •Tanaka Holdings Co., Ltd. •Asahi Holdings, Inc. •Sumitomo Metal Mining Co., Ltd. •Mitsui Mining and Smelting Co., Ltd. •Nihon Materi Corporation •Boliden AB

  4. •JSC MMC Norilsk Nickel •Northam Platinum Limited •Zimplats Holdings Limited •Eastern Platinum Limited •Impala Refining Services (IRS) About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741

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