Worldwide Platinum Market Industry to 2025 - Growing Demand for Exhaust Systems in the Automobile Market - ResearchAndMarkets.com
Platinum is one of the catalysts present in automobile exhaust systems.
- Platinum is one of the catalysts present in automobile exhaust systems.
- Typically, a diesel automobile exhaust contains about 3-7 grams of platinum and it may vary with the brand and the type of vehicle.
- In countries like India and China, platinum demand is mainly dominated by the growing demand from the jewelry segment.
- The aforementioned factors, coupled with government support, are contributing to the increasing demand for the platinum market in the Asia-Pacific during the forecast period.