The Global Market for Recycled Platinum Group Metals from Auto Parts

The automotive sector accounts for 45% of global platinum group metal (PGM) demand, creating strong recycling opportunities.

Key Market Drivers

• Rising new metal prices (platinum up 18% since 2020)
• Tightening environmental regulations
• Improved refining technologies

Regional Demand Variations

• North America: Strong aftermarket demand
• Europe: Strict recycling mandates
• Asia: Growing industrial applications

Price Trends AnalysisFive-year price performance:

• Iridium: +210%
• Platinum: +42%
• Rhodium (found in converters): +580%

Future Projections

• 2025-2030 expected CAGR: 6.8% for recycled PGMs
• Emerging applications in hydrogen fuel cells
• Potential supply deficits in virgin materials

Position yourself in this growing market by building reliable recycling streams today.