China Palladium Market Size & Outlook, 2025-2030
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China palladium market highlights
- The China palladium market generated a revenue of USD 3,288.4 million in 2024 and is expected to reach USD 4,671.7 million by 2030.
- The China market is expected to grow at a CAGR of 8.8% from 2025 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2024.
- Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
Palladium market data book summary
| Market revenue in 2024 | USD 3,288.4 million |
| Market revenue in 2030 | USD 4,671.7 million |
| Growth rate | 8.8% (CAGR from 2025 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Chemical, Jewelry |
| Key market players worldwide | Platinum Group Metals, New Age Eats, Ivanhoe Mines, Sibanye-Stillwater, Johnson Matthey PLC, Northam Platinum Limited, AngloAmerican, Heraeus |
Other key industry trends
- In terms of revenue, China accounted for 28.2% of the global palladium market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China palladium market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,671.7 million by 2030.
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Palladium Market Scope
Palladium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ivanhoe Mines | View profile | 501-1000 | Vancouver, British Columbia, Canada, North America | http://www.ivanhoemines.com/ |
| Sibanye-Stillwater | View profile | 10001+ | Westonaria, NA - South Africa, South Africa, Africa | https://www.sibanyestillwater.com/ |
| Northam Platinum Limited | View profile | 501-1000 | Midrand, NA - South Africa, South Africa, Africa | https://www.northam.co.za/ |
| Platinum Group Metals | View profile | 11-50 | Vancouver, British Columbia, Canada, North America | http://platinumgroupmetals.net/ |
| AngloAmerican | View profile | 10001+ | Brisbane, Queensland, Australia, Oceania | https://australia.angloamerican.com/ |
| New Age Eats | View profile | 11-50 | Berkeley, California, United States, North America | https://newageeats.com |
| Heraeus | View profile | 10001+ | Hanau, Hessen, Germany, Europe | https://www.heraeus.com |
| Johnson Matthey PLC | View profile | 12638 | 25 Farringdon Street, 5th Floor, London, United Kingdom, EC4A 4AB | https://www.matthey.com |
China palladium market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to palladium market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 52.65% in 2024. Horizon Databook has segmented the China palladium market based on automotive, chemical, jewelry covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China palladium market databook
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Our clientele includes a mix of palladium market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China palladium market , including forecasts for subscribers. This country databook contains high-level insights into China palladium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China palladium market size, by application, 2018-2030 (US$M)
China Palladium Market Outlook Share, 2024 & 2030 (US$M)
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