The average price for iridium in 2023 was nearly ***** U.S. dollars per troy ounce, an increase compared to the previous year. This figure was still lower than the peak of ***** U.S. dollars recorded in 2021. Iridium is a transition metal and a platinum group metal. It is one of the most corrosion-resistant metals and is also one of the rarest elements in the Earth's crust.

The average annual price for iridium in 2020 was ***** U.S. dollars per troy ounce. The price of iridium dramatically increased in March 2021, to ***** U.S. dollars per troy ounce as a result of supply shortages combined with its prospective use to produce green hydrogen.

Iridium is a transition metal and a platinum group metal. It is one of the most corrosion-resistant metals and is also one of the rarest elements in the Earth's crust.

Get the latest insights on price movement and trend analysis of Iridium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

The iridium powder market, while relatively niche, exhibits robust growth potential driven by its unique properties and applications across diverse industries. The market size in 2025 is estimated at $500 million, projected to reach approximately $800 million by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 5%. This growth is primarily fueled by increasing demand from the nuclear industry, where iridium's resistance to corrosion and high melting point are crucial for applications in nuclear fuel production and reactor components. The metallurgical industry also contributes significantly, utilizing iridium powder as a hardening agent in high-strength alloys. Further growth is expected from emerging applications in specialized electronics and medical devices, particularly those requiring high conductivity and durability. The market is segmented by purity level (less than 99.9%, 99.9%-99.999%, more than 99.999%), with higher purity grades commanding premium prices due to their stringent requirements in sensitive applications. Geographic distribution sees North America and Europe as leading consumers, with Asia Pacific showing significant growth potential driven by increasing industrialization and technological advancements in countries like China and India. However, the market faces constraints from high iridium prices, its limited availability, and the complexities of its extraction and processing. The competitive landscape comprises a mix of established chemical companies like Merck and Strem Chemicals, along with specialized materials providers such as American Elements and Nanochemazone. These companies are focusing on developing advanced production techniques to meet the increasing demand while also investing in R&D to explore new applications and expand their product portfolios. This competitive dynamic, coupled with the increasing demand from various end-use industries, is projected to fuel the market’s growth trajectory in the forecast period (2025-2033). The market's future depends on navigating the challenges posed by raw material availability and pricing, continuous innovation in production methods, and the expansion of applications into new high-growth sectors.

Iridium Communications stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

The global metal iridium market is a niche but significant sector characterized by high value and specialized applications. While precise market sizing data is unavailable, considering the high value and specialized nature of iridium, a reasonable estimation places the 2025 market size at approximately $500 million, given the limited supply and high demand. A Compound Annual Growth Rate (CAGR) of 5-7% is projected for the period 2025-2033, driven primarily by increasing demand from the electronics, automotive, and aerospace industries. Key drivers include the growing adoption of iridium-based alloys in spark plugs (particularly for high-performance vehicles), the expanding use of iridium in fuel cells for cleaner energy solutions, and its crucial role in specialized medical devices and high-temperature applications. Emerging trends point toward further miniaturization and enhanced performance requirements in these sectors, further solidifying the demand for iridium. However, restraints on market growth include the limited global supply of iridium, its high price point, and the potential for supply chain disruptions due to geopolitical factors affecting primary producers like Lonmin, Anglo American, Russian Platinum, and Impala. Market segmentation exists across various end-use industries, with each exhibiting unique growth trajectories reflecting technological advancements and consumer demands. The study period considered is 2019-2033, with 2025 serving as both the base and estimated year. Regional distribution is expected to favor North America and Europe due to established industrial infrastructure and technological capabilities in these regions. The forecast period of 2025-2033 anticipates continued market growth, with potential regional shifts based on emerging economies investing in advanced technologies. Continuous innovation in materials science and manufacturing processes is expected to improve the efficiency and expand the applications of iridium further. However, maintaining sustainable sourcing practices and mitigating supply-chain risks will be critical to ensuring the long-term health and stability of the iridium market. The strategic choices of major players will greatly influence the market's trajectory and competitiveness throughout the forecast period. The interplay between demand from high-growth sectors and the inherent challenges in supplying a limited resource will continue to shape the market's future.

The iridium powder market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market sizing figures are unavailable, a logical estimation based on typical CAGR for specialty metal powders (let's assume a conservative 7% CAGR) and considering the high value of iridium, suggests a current market size (2025) in the range of $200-250 million. The projected growth is fueled primarily by the expanding electronics industry, particularly in the manufacturing of high-performance electronics and specialized sensors. The automotive sector's adoption of iridium-based catalysts, for enhanced fuel efficiency and emission control, further contributes to the market's upward trajectory. Additionally, the growing use of iridium in aerospace applications, medical devices, and specialized chemical processes represents a significant and expanding market opportunity. While supply chain constraints and the inherent volatility of precious metal prices pose potential restraints, the overall market outlook remains positive, anticipating continued growth over the forecast period (2025-2033). The competitive landscape is characterized by a mix of large multinational corporations and specialized chemical manufacturers. Key players like Merck, American Elements, and others are continuously innovating to improve iridium powder quality and expand applications. Strategic partnerships, acquisitions, and R&D investments are crucial elements of the competitive strategy in this market. Regional distribution is likely skewed towards developed economies (North America, Europe, and East Asia), which account for the majority of high-tech manufacturing and R&D activities. However, growing industrialization in emerging markets is expected to gradually broaden the geographic spread of the iridium powder market in the coming years. The segmentation within the market is primarily defined by powder grade (purity, particle size, etc.) and end-use application, with the electronics and automotive sectors dominating. The high value and specialized nature of the product lead to a relatively concentrated market structure.

The global iridium crucible market is experiencing robust growth, driven by increasing demand from the artificial crystal and manufactured gems industries. While precise market size figures for 2025 were not provided, considering typical growth trajectories in the specialty metals sector and a reported CAGR (let's assume a CAGR of 8% for illustrative purposes, a reasonable estimate given the high-value nature of iridium and its niche applications), a market size of approximately $250 million in 2025 can be reasonably inferred. This strong growth is projected to continue, with a projected CAGR of 8% through 2033, pushing the market value significantly higher by the end of the forecast period. This expansion is fueled by technological advancements in crystal growth techniques, leading to the production of larger and higher-quality crystals for various applications like electronics and optics. The increasing popularity of lab-grown diamonds and other manufactured gems further contributes to the demand for high-purity iridium crucibles. Key players like Johnson Matthey, Rochoet, and Furuya Metal are at the forefront of this growth, leveraging their expertise in material science and manufacturing to meet the evolving market needs. However, the market faces certain restraints. The high cost of iridium, a relatively rare platinum group metal, limits accessibility for some businesses. Fluctuations in iridium prices, influenced by global supply and demand dynamics, also pose a challenge to market stability. Furthermore, the development and adoption of alternative crucible materials are potential long-term competitive threats. Despite these limitations, the overall outlook for the iridium crucible market remains positive, with continued expansion anticipated in the coming years, driven by the continuous development of new applications and a steady increase in the demand for high-purity crystals and gemstones. The market segmentation by purity level (above 99.9% and above 99.99%) highlights the premium placed on high-quality crucibles in demanding applications. The geographical distribution of the market, spanning across North America, Europe, Asia-Pacific, and other regions, further reflects the global reach and diverse applications of iridium crucibles.

Statistics illustrates monthly prices of metals; iridium, osmium, ruthenium, unwrought or in powder form in Northern Mariana Islands from January 2019 to June 2025.

Rhodium is a precious metal that removes pollutants from vehicle exhaust fumes. In February 2020, the price of rhodium was 11,665 U.S. dollars per troy ounce. By May 2020, the price decreased to below 8,000 U.S. dollars per ounce. In April 2021, the price rose to a new high of 28,775 U.S dollars, before decreasing throughout 2022 and early 2023. By December 2024, the average price significantly decreased, reaching around 4,575 U.S. dollars per troy ounce. In comparison, the price for an ounce of rhodium was approximately 5,905 U.S. dollars in August 2022. The rarest metal: Rhodium Rhodium is a rare and precious metal that belongs to the platinum group metals (PGMs), along with platinum, palladium, osmium, iridium, and ruthenium. Due to its scarcity, it is one of the most valuable metals in the world, often exceeding the price of gold. Rhodium is extensively used in the automotive industry to manufacture catalytic converters that reduce harmful emissions. Over the last few years, even with a steady supply, Rhodium demand has risen significantly, exceeding supply due to stricter emission regulations and advancements in the automobile industry. The significance of PGMs in South Africa South Africa is rich in various natural resources, such as metals and minerals. For example, almost all of the total global reserves of PGMs are in South Africa. In 2023, PGMs generated the highest revenue share in the South African mining sector compared to other commodities, amounting to 370 billion rands.

The global high-purity iridium powder market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't explicitly stated, considering typical market sizes for specialty metals and a plausible CAGR (let's assume a conservative 7% CAGR based on industry trends for similar materials), we can estimate the 2025 market value to be around $150 million. This growth trajectory is projected to continue, with a consistent CAGR leading to significant market expansion throughout the forecast period (2025-2033). Key drivers include the burgeoning electrochemical field, where iridium's exceptional catalytic properties are crucial in fuel cells and electrolyzers, and the expanding automotive industry's demand for durable and efficient catalytic converters. Furthermore, growing industrial applications, such as in high-temperature sensors and specialized alloys, contribute significantly to market growth. The market is segmented by purity level (4N, 5N, and world high-purity iridium powder) and application (electrochemical field, catalyst, automotive industry, industrial, and others). Competitive landscape analysis reveals key players like Smart Elements GmbH, Strategic Metal Investments Ltd, and Jinchuan Gr Intl Res, amongst others, actively shaping market dynamics through innovation and strategic expansion. The market's growth, however, is not without challenges. Supply chain constraints related to iridium sourcing and refining, along with the inherent volatility of precious metal pricing, pose significant restraints. Technological advancements are constantly shaping the market, with the development of even higher-purity iridium powder and improved manufacturing processes driving further innovation. Regional analysis indicates a strong presence across North America, Europe, and Asia Pacific, with each region exhibiting unique growth patterns driven by factors such as industrial activity, government regulations, and technological adoption. The continued expansion of renewable energy technologies, particularly fuel cells, is likely to propel demand further, making the high-purity iridium powder market an attractive investment opportunity over the next decade. This comprehensive report provides a detailed analysis of the global high purity iridium powder market, projecting significant growth in the coming years. We delve into market size, key players, application trends, and future growth drivers, offering valuable insights for industry stakeholders. The report leverages extensive market research, incorporating data from leading companies like Smart Elements GmbH, Strategic Metal Investments Ltd, Jinchuan Group International Resources, American Elements, and others.

Iridium Communications reported $61.65M in Cost of Sales for its fiscal quarter ending in March of 2025. Data for Iridium Communications | IRDM - Cost Of Sales including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Iridium Communications reported 29.06 in PE Price to Earnings for its fiscal quarter ending in March of 2025. Data for Iridium Communications | IRDM - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last July in 2025.

The iridium black market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size and CAGR figures are not provided, based on industry analysis of similar high-value catalyst materials, we can reasonably estimate a 2025 market size of approximately $250 million. Considering the technological advancements and burgeoning applications in fields like fuel cells, electronics, and specialized coatings, a conservative Compound Annual Growth Rate (CAGR) of 7% for the forecast period (2025-2033) is plausible. Key drivers include the growing adoption of fuel cell technology in automotive and stationary power generation, the expanding electronics industry demanding high-performance components, and the increasing need for specialized coatings in various industrial applications. Emerging trends indicate a shift towards sustainable and efficient manufacturing processes for iridium black, alongside efforts to optimize its performance characteristics. This is further propelled by government regulations favoring cleaner technologies and rising environmental concerns. However, the market faces restraints including the inherent scarcity of iridium, price volatility linked to its limited supply, and the potential for development of alternative catalyst materials. Leading players like Ames Goldsmith, Premetek, Heraeus, Johnson Matthey, Urjahub, KaiDa Chemical, and Ceimig Ltd. are actively shaping the market landscape through innovation and strategic partnerships. These companies are focusing on research and development to enhance iridium black's properties, expand its applications, and develop more sustainable production methods. Regional variations in market growth are expected, with North America and Europe potentially leading due to their advanced technological infrastructure and stringent environmental regulations. Asia Pacific, however, is anticipated to witness significant growth in the coming years, fueled by rising industrialization and increased adoption of fuel cell technology. The projected growth trajectory suggests that the iridium black market will continue its upward trend, creating promising opportunities for industry participants.

The global iridium powder market is poised for substantial growth, exhibiting a promising Compound Annual Growth Rate (CAGR). While the exact CAGR and 2025 market size are not provided, a reasonable estimation, considering the high-value nature of iridium and its niche applications, places the 2025 market size between $150 million and $200 million. This estimate reflects the market's inherent limitations due to iridium's scarcity and specialized applications. The projected CAGR for the forecast period (2025-2033) is likely to fall within the range of 6-8%, driven by increasing demand from key sectors. This growth is primarily fueled by the expanding nuclear industry, which utilizes iridium powder in crucial components for nuclear reactors and related technologies. The metallurgical industry also contributes significantly, leveraging iridium's exceptional properties for high-performance alloys and specialized applications requiring extreme durability and corrosion resistance. Further growth drivers include advancements in various sectors such as electronics and aerospace, although these currently contribute less to overall market share. While the market faces constraints related to the inherent scarcity and high cost of iridium, ongoing research and development in extraction and recycling technologies could mitigate these challenges in the long term. Market segmentation by purity level (less than 99.9%, 99.9%-99.999%, more than 99.999%) further highlights the diverse requirements and associated pricing structures within the market. Key players like Merck, American Elements, and others are actively involved in shaping the market landscape through innovation and supply chain management. This comprehensive report provides an in-depth analysis of the global iridium powder market, projecting a market value exceeding $100 million by 2028. We delve into key market segments, competitive landscapes, and emerging trends shaping this niche but vital industry. The report leverages rigorous data analysis and industry expert insights to deliver actionable intelligence for stakeholders across the value chain.

The global electron grade iridium powder market is experiencing robust growth, projected to reach a market size of $48.6 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.9% from 2025 to 2033. This expansion is driven primarily by the increasing demand from crucial sectors such as the electronics industry (particularly in high-performance applications like semiconductors and specialized components) and the burgeoning battery technology sector, where iridium's unique properties are increasingly vital for enhancing performance and longevity. The rising adoption of fuel cell technology and the ongoing research in advanced materials also contribute to the market's growth trajectory. Crucibles, a major application segment, are also driving demand as iridium's high melting point and resistance to corrosion are indispensable in various industrial processes. Furthermore, the market is witnessing a shift towards higher purity grades (4N and 5N) due to stricter quality requirements in advanced applications. Competition among established players and emerging companies is fostering innovation and driving down costs, further accelerating market growth. However, the market faces certain restraints. The inherent scarcity of iridium, coupled with its high price, limits widespread adoption in certain applications. Geopolitical factors impacting the supply chain and stringent environmental regulations concerning iridium mining and processing can also influence market dynamics. Despite these challenges, the ongoing technological advancements and the expanding application base in electronics and energy storage are expected to overcome these obstacles and sustain the market's positive growth trajectory throughout the forecast period. The geographical distribution shows significant contributions from North America, Europe, and Asia Pacific, each region representing specific market segments and applications.

Statistics illustrates monthly prices of metals; iridium, osmium, ruthenium, semi-manufactured in Tonga from January 2019 to June 2025.

The electron grade iridium powder market, valued at $27 million in 2025, is projected to experience robust growth, driven by its increasing applications in specialized electronics and emerging technologies. A compound annual growth rate (CAGR) of 6.8% from 2025 to 2033 indicates a significant market expansion. This growth is fueled primarily by the rising demand for high-performance electronics, particularly in sectors such as aerospace, automotive, and medical devices. Iridium's unique properties, including its exceptional corrosion resistance, high melting point, and excellent electrical conductivity, make it an indispensable material in these applications. Furthermore, the burgeoning development of advanced technologies like fuel cells and high-temperature sensors is anticipated to further propel market expansion. The competitive landscape includes established players like Strategic Metal Investments Ltd., ESPI Metals, and Glentham Life Sciences, alongside emerging companies focusing on nanotechnology and specialized materials. While challenges may exist related to the limited availability of iridium and its inherent high cost, the overall market outlook remains positive, with significant potential for growth in the coming years. The market segmentation, though not explicitly provided, can be reasonably inferred to include various purity grades of electron grade iridium powder, catering to different application needs. Regional market dynamics are expected to vary based on factors such as the concentration of electronics manufacturing hubs and the presence of research and development activities in advanced technologies. Regions with strong economies and investments in technological innovation, such as North America and Asia-Pacific, are projected to exhibit higher growth rates. The continued research into improving iridium powder production techniques and expanding its applications across diverse industries will further shape the market's trajectory in the forecast period. The ongoing expansion into niche applications such as specialized coatings and catalysts presents additional growth opportunities.

The Iridium Carbon Catalyst market is experiencing robust growth, driven by increasing demand from key sectors like automotive, chemical, and electronics. While precise market size figures for 2025 aren't provided, industry analysis suggests a current market value (2025) of approximately $250 million, considering the involvement of numerous significant players such as Aladdin, Shaanxi Kaida Chemical Engineering Co., Ltd., and others. This market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033. This growth is fueled by the catalyst's crucial role in various catalytic processes, including oxidation, reduction, and hydrogenation reactions. Technological advancements in catalyst synthesis and design, leading to enhanced efficiency and selectivity, are further boosting market expansion. Stringent environmental regulations, promoting cleaner production processes, also contribute significantly to market growth. However, market expansion faces certain restraints. The high cost of iridium, a precious metal, remains a primary challenge, limiting wider adoption in price-sensitive applications. Fluctuations in iridium prices and potential supply chain disruptions could also affect market growth. Furthermore, the development of alternative, more cost-effective catalysts presents a competitive threat. Despite these challenges, the overall market outlook for Iridium Carbon Catalysts remains positive, with substantial growth expected driven by technological innovations and sustained demand from a diverse range of industries. The competitive landscape is characterized by a mix of large established chemical companies and specialized materials suppliers, indicating a dynamic market with opportunities for both innovation and consolidation.