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The Turning Tide: CPM Group’s PGM Projections to 2050

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The Turning Tide: CPM Group’s PGM Projections to 2050

 

 

 

 

 

Platinum Group Metal Supply, Demand, and Price Forecasts

The Tide Is Turning for platinum group metal fabrication demand.

  • The platinum, palladium, and rhodium markets have been dominated by their use in automotive catalytic converters for half of a century. Use of these metals went from non-existence to the major use of all three metals, accounting for 47%, 66%, and 85% of fabrication demand in recent years.
  • Now demand is contracting and is forecast to continue declining for the next quarter century and beyond. This is expected to create a great deal of imbalance in these platinum group metals’ markets.
  • During such times it is extremely important to have reliable data and analyses for decision making from an unbiased independent source.

 

CPM Group’s PGM Projections To 2050 report provides detailed statistics and analysis of the historical and current platinum, palladium, and rhodium markets, supported by quantitative and qualitative analysis and statistics through 2050. A 2023 update was released in December.

 

Who Needs This Report

 

These reports are used by producers and end-users for raising financing and planning purposes. Investors use them in formulating strategic asset management decisions.

 

Why This Report

 

This 95-page annual report includes:

  • A realistic assessment of the evolving trends in the alternative energy and vehicle propulsion markets, and their consequence on the fabrication demand for platinum group metals (PGMs).
  • A demand scenario with 100% light-duty vehicle electrification by 2050 (not CPM Group’s base case).
  • Market share and sales volume by region for gasoline, diesel, plug-in hybrid, battery electric, and fuel cell electric passenger light-duty and commercial vehicles.
  • The outlook for fabrication demand by end-use.
  • Supply analysis and outlook for major PGM producing countries, companies, and mines.
  • Also included, global PGM cash cost curve projections to 2050.
  • Analysis and forecast of secondary supply or scrap supply data.
  • Analysis of various factors that influence PGM investment demand.
  • 45+ years of historical platinum, palladium, and rhodium, supply, demand, and price data.
  • Above ground platinum, palladium, and rhodium inventories.

 

Report Add Ons

  • Data for Tables and Charts made available in Excel form.
  • 2 hours of available consulting time included to discuss, question, and analyze report findings.
  • Six-month update for one year in summary table and chart form.

 

Click Here To Learn More About The Report Or To Request The Table Of Content

 

Courtesy of the CPM Group

 

Posted December 22, 2023

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