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Iridium-Global Market Insights and Sales Trends 2025
Synopsis
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
The global Iridium market size is expected to reach US$ 1792.6 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Iridium in various end use industries. The expanding demands from the Catalyst, Chemical Manufacturing, Electricals and Electronics and Jewellery, are propelling Iridium market. Mineral Source, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Recycling Source segment is estimated at % CAGR for the next seven-year period.
The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Iridium, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Iridium market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Iridium market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Iridium sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Iridium covered in this report include Lonmin, Anglo American, Russian Platinum, Lonmin and Impala, etc.
The global Iridium market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lonmin
Anglo American
Russian Platinum
Lonmin
Impala
Global Iridium market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Iridium market, Segment by Type:
Mineral Source
Recycling Source
Global Iridium market, by Application
Catalyst
Chemical Manufacturing
Electricals and Electronics
Jewellery
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Iridium manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Iridium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The catalytic properties of the six platinum group metals (PGM)– iridium, osmium, palladium, platinum, rhodium, and ruthenium – are outstanding. Platinum's wear and tarnish resistance characteristics are well suited for making fine jewelry. Other distinctive properties include resistance to chemical attack, excellent high-temperature characteristics, and stable electrical properties. All these properties have been exploited for industrial applications. Platinum, platinum alloys, and iridium are used as crucible materials for the growth of single crystals, especially oxides. The chemical industry uses a significant amount of either platinum or a platinum-rhodium alloy catalyst in the form of gauze to catalyze the partial oxidation of ammonia to yield nitric oxide, which is the raw material for fertilizers, explosives, and nitric acid. In recent years, a number of PGM have become important as catalysts in synthetic organic chemistry. Ruthenium dioxide is used as coatings on dimensionally stable titanium anodes used in the production of chlorine and caustic. Platinum supported catalysts are used in the refining of crude oil, reforming, and other processes used in the production of high-octane gasoline and aromatic compounds for the petrochemical industry. Since 1979, the automotive industry has emerged as the principal consumer of PGM. Palladium, platinum, and rhodium have been used as oxidation catalyst in catalytic converters to treat automobile exhaust emissions. A wide range of PGM alloy compositions is used in low-voltage and low-energy contacts, thick- and thin-film circuits, thermocouples and furnace components, and electrodes.
The global Iridium market size is expected to reach US$ 1792.6 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Iridium in various end use industries. The expanding demands from the Catalyst, Chemical Manufacturing, Electricals and Electronics and Jewellery, are propelling Iridium market. Mineral Source, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Recycling Source segment is estimated at % CAGR for the next seven-year period.
The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Iridium, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Iridium market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Iridium market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Iridium sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Iridium covered in this report include Lonmin, Anglo American, Russian Platinum, Lonmin and Impala, etc.
The global Iridium market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lonmin
Anglo American
Russian Platinum
Lonmin
Impala
Global Iridium market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Iridium market, Segment by Type:
Mineral Source
Recycling Source
Global Iridium market, by Application
Catalyst
Chemical Manufacturing
Electricals and Electronics
Jewellery
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Iridium manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Iridium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Iridium Market Overview
1.1 Iridium Product Overview
1.2 Iridium Market Segment by Type
1.2.1 Mineral Source
1.2.2 Recycling Source
1.3 Global Iridium Market Size by Type
1.3.1 Global Iridium Market Size Overview by Type (2018-2029)
1.3.2 Global Iridium Historic Market Size Review by Type (2018-2023)
1.3.3 Global Iridium Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Iridium Sales Breakdown by Type (2018-2023)
1.4.2 Europe Iridium Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Iridium Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Iridium Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Iridium Sales Breakdown by Type (2018-2023)
2 Global Iridium Market Competition by Company
2.1 Global Top Players by Iridium Sales (2018-2023)
2.2 Global Top Players by Iridium Revenue (2018-2023)
2.3 Global Top Players by Iridium Price (2018-2023)
2.4 Global Top Manufacturers Iridium Manufacturing Base Distribution, Sales Area, Product Type
2.5 Iridium Market Competitive Situation and Trends
2.5.1 Iridium Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Iridium Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Iridium as of 2022)
2.7 Date of Key Manufacturers Enter into Iridium Market
2.8 Key Manufacturers Iridium Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Iridium Status and Outlook by Region
3.1 Global Iridium Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Iridium Historic Market Size by Region
3.2.1 Global Iridium Sales in Volume by Region (2018-2023)
3.2.2 Global Iridium Sales in Value by Region (2018-2023)
3.2.3 Global Iridium Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Iridium Forecasted Market Size by Region
3.3.1 Global Iridium Sales in Volume by Region (2024-2029)
3.3.2 Global Iridium Sales in Value by Region (2024-2029)
3.3.3 Global Iridium Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Iridium by Application
4.1 Iridium Market Segment by Application
4.1.1 Catalyst
4.1.2 Chemical Manufacturing
4.1.3 Electricals and Electronics
4.1.4 Jewellery
4.1.5 Others
4.2 Global Iridium Market Size by Application
4.2.1 Global Iridium Market Size Overview by Application (2018-2029)
4.2.2 Global Iridium Historic Market Size Review by Application (2018-2023)
4.2.3 Global Iridium Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Iridium Sales Breakdown by Application (2018-2023)
4.3.2 Europe Iridium Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Iridium Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Iridium Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Iridium Sales Breakdown by Application (2018-2023)
5 North America Iridium by Country
5.1 North America Iridium Historic Market Size by Country
5.1.1 North America Iridium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Iridium Sales in Volume by Country (2018-2023)
5.1.3 North America Iridium Sales in Value by Country (2018-2023)
5.2 North America Iridium Forecasted Market Size by Country
5.2.1 North America Iridium Sales in Volume by Country (2024-2029)
5.2.2 North America Iridium Sales in Value by Country (2024-2029)
6 Europe Iridium by Country
6.1 Europe Iridium Historic Market Size by Country
6.1.1 Europe Iridium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Iridium Sales in Volume by Country (2018-2023)
6.1.3 Europe Iridium Sales in Value by Country (2018-2023)
6.2 Europe Iridium Forecasted Market Size by Country
6.2.1 Europe Iridium Sales in Volume by Country (2024-2029)
6.2.2 Europe Iridium Sales in Value by Country (2024-2029)
7 Asia-Pacific Iridium by Region
7.1 Asia-Pacific Iridium Historic Market Size by Region
7.1.1 Asia-Pacific Iridium Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Iridium Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Iridium Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Iridium Forecasted Market Size by Region
7.2.1 Asia-Pacific Iridium Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Iridium Sales in Value by Region (2024-2029)
8 Latin America Iridium by Country
8.1 Latin America Iridium Historic Market Size by Country
8.1.1 Latin America Iridium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Iridium Sales in Volume by Country (2018-2023)
8.1.3 Latin America Iridium Sales in Value by Country (2018-2023)
8.2 Latin America Iridium Forecasted Market Size by Country
8.2.1 Latin America Iridium Sales in Volume by Country (2024-2029)
8.2.2 Latin America Iridium Sales in Value by Country (2024-2029)
9 Middle East and Africa Iridium by Country
9.1 Middle East and Africa Iridium Historic Market Size by Country
9.1.1 Middle East and Africa Iridium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Iridium Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Iridium Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Iridium Forecasted Market Size by Country
9.2.1 Middle East and Africa Iridium Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Iridium Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lonmin
10.1.1 Lonmin Company Information
10.1.2 Lonmin Introduction and Business Overview
10.1.3 Lonmin Iridium Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lonmin Iridium Products Offered
10.1.5 Lonmin Recent Development
10.2 Anglo American
10.2.1 Anglo American Company Information
10.2.2 Anglo American Introduction and Business Overview
10.2.3 Anglo American Iridium Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Anglo American Iridium Products Offered
10.2.5 Anglo American Recent Development
10.3 Russian Platinum
10.3.1 Russian Platinum Company Information
10.3.2 Russian Platinum Introduction and Business Overview
10.3.3 Russian Platinum Iridium Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Russian Platinum Iridium Products Offered
10.3.5 Russian Platinum Recent Development
10.4 Lonmin
10.4.1 Lonmin Company Information
10.4.2 Lonmin Introduction and Business Overview
10.4.3 Lonmin Iridium Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Lonmin Iridium Products Offered
10.4.5 Lonmin Recent Development
10.5 Impala
10.5.1 Impala Company Information
10.5.2 Impala Introduction and Business Overview
10.5.3 Impala Iridium Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Impala Iridium Products Offered
10.5.5 Impala Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Iridium Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Iridium Industrial Chain Analysis
11.4 Iridium Market Dynamics
11.4.1 Iridium Industry Trends
11.4.2 Iridium Market Drivers
11.4.3 Iridium Market Challenges
11.4.4 Iridium Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Iridium Distributors
12.3 Iridium Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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