Key companies covered in rhodium market are Glencore (Switzerland), Vale SA (Brazil), Sibanye Gold Limited (South Africa), Russian Platinum (Russia), Northam Platinum (South Africa), Anglo American Platinum (South Africa), Norilsk Nickel (Russia), Sibanye-Stillwater (South Africa), Sharretts Plating Company (South Africa), DF Goldsmith (U.S.) and Other Key Players.
Pune, India, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The global rhodium market size is anticipated to inflate on the account of the factor that this metal is majorly used as an alloying agent in the materials such as palladium and platinum. The major usage of rhodium can be witnessed in the numerous application that involves electrical, jewelry, production of various chemicals, and the conversion of catalytic.
This information is presented by Fortune Business Insights, in its upcoming report, titled, “Rhodium Market, 2022-2029.” The rising demand for rhodium in the various application will flourish the market growth. In the pieces of jewellery, owing to its hardness characteristics, it is utilized as a protective coat that helps to shields jewelry from scratches.
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/rhodium-market-market-105413
List of Key Players Mentioned in the Rhodium Report:
Sibanye Gold Limited (South Africa)
Anglo American Platinum (South Africa)
Sharretts Plating Company (South Africa)
Procurements Commenced by Majority of Fundamental Companies to Endorse Market Growth
The dominating players in the market incessantly root for effective tactics to bolster their brand value as well as endorse the global market growth of the product with facing least possible obstacles. One such efficient strategy is purchasing competitive companies and thereby fortifying a profit for both corporations.
North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the Rest of the World
By Type, End-user and Regional Insights
Augmenting Usage in Jewelry Making to Support Global Growth
Escalating Utilization in Electrical and Electronics Industry to Foster Development Prospects
The report presents a systematic study of the rhodium market segments and thorough analysis of the market overview. A thoughtful assessment of the present market trends as well as the future prospects is offered in the report. Furthermore, it presents an exhaustive analysis of the regional insights and how they aid to develop the market growth.
The COVID-19 impacts have been conversed in the report to help investors and business professionals with a better understanding of the latent jeopardies present in the market. The report further converses the prime players and their prominent strategies to preserve their position as dominating companies.
Inquire Before Buying This Research Report:
https://www.fortunebusinessinsights.com/enquiry/queries/rhodium-market-market-105413
Based on type, the rhodium market is segmented into mineral source and recycling source.
Based on application, the market is segmented into catalyst, chemical manufacturing, electrical & electronics, jewelry, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Bolstering Adoption of Metal for Electronic Usage to Reinforce Growth
The surging demand for rhodium for several applications are likely to sustain the market growth. In pieces of the jewelry, owing to its rigid characteristics, it is used as a protecting layer that aids to shield jewelry from any external damage. As a blowing agent, the product finds its great usage in laboratory crucibles, electrodes for aircraft spark plugs, and furnace coils.
The surging consumer spending over jewelry pooled with growing product development will uplift the product demand. Therefore, these aspects will drive the market growth during the forecast timeline. However, the rhodium metal is expensive when compared with other metals. This restrains its demand in different applications and is expected to limit the rhodium market growth.
Europe to Lead Backed by Growing Use in Jewelry Making
Europe is expected to witness considerable growth in the rhodium market. The growth is attributed to the surging production of this metal for jewelry utilization.
Asia pacific is likely to hold second-largest rhodium market share during the forecast period. The increasing product adoption in chemical manufacturing will boost the market growth in Asia Pacific.
In North America, the growth is majorly owing to the growing demand for the product in the electrical & electronics industry.
The Middle East & Africa is estimated to observe prominent growth owing to the embracement of the product in the catalyst application.
Severe Impacts Observed on Market amid Pandemic due to Stringent Rules
The global market for rhodium is majorly influenced by the outbreak of the COVID-19 pandemic.
The COVID-19 outbreak witnesses a deterioration in the economic growth in the majority of nations, thereby affecting consumer spending style.
On account of the lockdown imposed throughout numerous nations, country-wide and international transport has been obstructed, which has considerably influenced the supply chain of various industries around the world, thereby surging the supply & demand crack.
Consequently, deficiency in raw material supply is anticipated to hinder the production rate of rhodium alloys, which adversely affects the market growth.
However, this situation is projected to enhance as government has begun reducing guidelines across the world for continuing business activities.
https://www.fortunebusinessinsights.com/enquiry/customization/rhodium-market-market-105413
Emission Control Catalyst Market Size, Share and Regional Forecast, 2022-2029
Rhodium Carbon Catalyst market size, share and regional forecast 2022-2029
Catalytic Converter System Market Size, Share And Regional Forecast 2022-2029
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights Pvt. Ltd.
Baner - Mahalunge Road, Baner,
Connect us via Social Media Channels:
LinkedIn Facebook Twitter Blogs
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.
Mizuho analyst Vijay Rakesh just lowered his price target on Nvidia, but if he's right it's a good buy from here.
Struggling Bed Bath & Beyond Inc. releases a list of dozens of stores it aims to close. Most of the stores on this list will close by the end of the month.
Central banks are like “reformed smokers,” famed investor Stanley Druckenmiller says. “They’ve gone from printing a bunch of money, like driving a Porsche at 200 miles an hour, to not only taking the foot off the gas, but just slamming the brakes on.”
In this article, we will take a look at the 10 Blue Chip Stocks to Buy Now According to Billionaire George Soros. To skip our analysis of George Soros’ profile, investment strategy, and 13F holdings, you can go directly to see the 5 Blue Chip Stocks to Buy Now According to Billionaire George Soros. George […]
Amazon's founder and executive chairman was the world's richest man for several years before falling to second place.
NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
As bad the news was for FedEx, it may be worse news for the U.S. economy --- and an early sign of a recession.
Income investors are always on the hunt for good stocks that for one reason or another have recently been out of favor, creating a scenario for a higher dividend yield along with possible future appreciation as the stock bounces back. Buying a stock on a decline sometimes involves a bit of courage, but the ability to lock in long-term higher yields makes the decision easier for most investors. At the moment, Medical Properties Trust Inc. (NYSE: MPW), a Birmingham, Alabama-based real estate inves
After three months of highly volatile trading, which have seen the S&P 500 drop down toward 3,600, rally up to 4,300, and fall back down to 3,900, investors can be forgiven for feeling some whiplash. The question that needs answering, however, is where will the markets go from here? Morgan Stanley strategist Andrew Slimmon believes that investors shouldn’t worry too much about the bear case. Worse-than-expected inflation numbers for August may have pushed the markets into a tumble this week, but
FedEx turned in poor earnings results and slashed its revenue forecast on Thursday as the company’s CEO warned that a “worldwide recession” is likely coming.
There was a sell-off in cardboard packaging stocks this morning, with shares of International Paper (NYSE: IP) down 9.4% at 10:30 a.m. ET on Friday, Packaging Corporation of America (NYSE: PKG) shares down 9.7%, and the stock of WestRock (NYSE: WRK) down 9.8%. Shares of FedEx (NYSE: FDX) plunged more than 22% this morning after the company issued an earnings warning predicated on softening global volume. The volume FedEx referred to was the number of packages wrapped in cardboard and shipped to customers.
It's no secret that investors are worried about runaway inflation. Cathie Wood and Elon Musk see deflation as the bigger threat.
A rally might return to Tesla stock, contends Deutsche Bank. Here's the call.
Warren Buffett, Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) chief executive officer and chairman, has been investing since the age of 11. With his net worth at nearly $100 billion, the understatement of the century would be to say that Buffett knows a thing or two about investing. This is why it's worth paying attention to the holdings within Berkshire Hathaway's $344 billion investment portfolio.
The bank said a “deep recession” would be needed to bring down U.S. inflation.
(Bloomberg) -- Former Treasury Secretary Lawrence Summers argued against the Federal Reserve holding back from aggressive monetary tightening, saying that greater economic damage would result from any hesitation.Most Read from BloombergBezos Loses Spot as World’s Second-Richest Person to AdaniPatagonia Billionaire Who Gave Up Company Skirts $700 Million Tax HitPutin Threatens New Military Strikes on Ukraine InfrastructureThere’s an Unusual Thing Happening in the Housing MarketGermany Tightens Co
Pound sinks to lowest since 1985 as retail sales slump Germany seizes control of three Russian-owned Rosneft oil refineries FTSE 100 falls 0.6pc Ben Marlow: Shell must accept it has lost the battle on fossil fuels Sign up here for our daily business briefing newsletter
NCR Corp. (NYSE: NCR) shareholders lost ground to a falling market on Friday. NCR announced late on Thursday that it is separating into an ATM business and a digital commerce business, rather than controlling the two under one enterprise. "NCR has the opportunity to unlock value for our shareholders by separating our digital commerce business and our ATM business," executive chairman Frank Martire said in a press release.
In this article, we discuss 10 high-yield dividend stocks for stable income. You can skip our detailed analysis of dividend stocks and their performance in the past, go directly and read 5 High-Yield Dividend Stocks for Stable Income. Dividend-paying stocks are gaining traction this year as investors look for cash during difficult times. Blue chip stable […]