Platinum & Platinum-Group Metals Demand for Industrial Applications Jumped Up According to Merchant Research & Consulting Ltd
LONDON, Apr 10, 2012 -- The demand rise for platinum and platinum-group metals jumped up namely for industrial application in the recent years due to expansion and development of the glass and chemical industries. The global jewelry industry remained cold to the demand growth and has been rather flat than moving upwards. China is the only market where the use of platinum in the jewelry sector is on increase.
Today the balance on the global platinum-group metals market is uneven -- the demand has been rising year-on-year while the supplies are still short to cover the demand. The global production leaders here are South Africa with 61.5% of the total global industry volume and Russia with 26% respectively.
Extensive information and analysis of the platinum and platinum-group metals are in the highlights of the insightful study “Platinum-Group Metals Market Review”. The study offers a deep look into the industry at the global, regional and country levels and features market data from the past periods, present-day market state and future forecasts.
The information examined in the review includes platinum-group metals production and consumption, demand and supply dynamics, prices and trade developments. It covers profiles of the major market participants and major industry events in the recent time. Forecasts show the future of the market through 2017 -- trends and opportunities, challenges and developments, volumes and prices.
Monthly market monitoring service for platinum-group metals is also available.
The study of the platinum-group metals industry has been elaborated by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Platinum-Group Metals Market Review” is included into the catalogue "Metals", which also offers studies on Aluminum, Arsenic, Beryllium, Copper, Iron and Steel, Lead, Mercury, Nickel, Silver, Titanium, Zinc markets.
SOURCE: Merchant Research & Consulting Ltd.
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970
Source: http://www.marketwatch.com/story/platinum-platinum-group- metals-demand-for-industrial-applications-jumped-up-according- to-merchant-research-consulting-ltd-2012-04-10