Rhodium rose to 8,050 USD/t oz. on December 2, 2025, up 0.94% from the previous day. Over the past month, Rhodium's price has fallen 1.23%, but it is still 75.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on December of 2025.

Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

The global rhodium market size reached USD 2.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 5.18% during 2025-2033. The rising demand for catalytic converters from the automotive industry, growing demand for EVs, their unique catalytic properties, and expanding product application across diverse industries such as electronics, chemical, and jewelry are some of the major factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 2.1 Billion
Market Forecast in 2033	USD 3.4 Billion
Market Growth Rate (​​​​​​​2025-2033)	5.18%

IMARC Group provides an analysis of the key trends in each segment of the global rhodium market report, along with forecasts at the global, regional and country levels for 2025-2033. Our report has categorized the market based on source, product type, application, and end use industry.

Palladium rose to 1,428.50 USD/t.oz on December 2, 2025, up 0.53% from the previous day. Over the past month, Palladium's price has fallen 1.11%, but it is still 47.88% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium - values, historical data, forecasts and news - updated on December of 2025.

According to Cognitive Market Research, the global Rhodium market size was USD 2215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 886.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 664.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 509.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 110.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 44.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Mineral Source/ PGM Mining is the fastest growing segment of the Rhodium industry

Market Dynamics of Rhodium Market

Key Drivers for Rhodium Market

Rising Automotive Industry to Boost Market Growth

Rhodium performs a pivotal role in the automotive industry as a key aspect in catalytic converters, which might be important for decreasing dangerous emissions, particularly nitrogen oxides (NOx). Its wonderful catalytic residences permit powerful compliance with stringent emission norms, which might be becoming an increasing number of rigorous throughout the globe. As governments implement stricter environmental rules to combat air pollution, the demand for rhodium-based total catalysts maintains to upward push. This trend is pushed via the push for cleanser car technology, which includes both inner combustion engines and hybrid cars. Rhodium's specific homes make it imperative to reach lower emission objectives, fostering a sustainable future for transportation

Growing Chemical Industry to Drive Market Growth

Rhodium serves as an important catalyst within the chemical enterprise, playing a key position in techniques that include hydrogenation, oxidation, and carbonylation. Its terrific catalytic efficiency enables the manufacturing of great chemical substances, prescription drugs, and forte materials with excessive precision and yield. In hydrogenation, rhodium enables the addition of hydrogen to natural compounds, even as in oxidation approaches, it aids in converting raw substances into precious intermediates. Additionally, rhodium-catalyzed carbonylation is important in producing acetic acid and different crucial chemical compounds. Its versatility and effectiveness make rhodium a critical issue in modern chemical production, driving innovation and improving process performance.

Restraint Factor for the Rhodium Market

Price Volatility, will Limit Market Growth

Rhodium's rate is especially volatile, driven by way of a mixture of supply for dynamics, monetary conditions, and geopolitical factors. As an extraordinary and valuable metal, its restrained delivery is, on the whole, concentrated in some mining areas, making it at risk of disruptions. Demand fluctuations in key industries, inclusive of automobile and chemical sectors, in addition contribute to price instability. Economic tendencies, which include international increase and commercial output, impact market sentiment, even as geopolitical occasions can disrupt mining and alternate routes, intensifying rate swings. This volatility poses challenges for industries relying on rhodium, necessitating strategic making plans and threat control to mitigate financial and operational influences.

Key Trends for STEM Toys Market

Shift Towards Hybrid and Low-Emission Vehicles Increasing Demand for Rhodium

As the global automotive sector shifts towards hybrid and low-emission vehicles, the need for rhodium in catalytic converter applications is experiencing a significant surge. Although fully electric vehicles do not utilize rhodium, hybrid vehicles still depend on internal combustion engines that are required to comply with strict emission regulations. This ongoing transition has established a specialized yet rapidly expanding demand segment for rhodium, especially in nations where ...

Context

Historically, gold had been used as a form of currency in various parts of the world including the USA. In present times, precious metals like gold are held with central banks of all countries to guarantee re-payment of foreign debts, and also to control inflation which results in reflecting the financial strength of the country. Recently, emerging world economies, such as China, Russia, and India have been big buyers of gold, whereas the USA, SoUSA, South Africa, and Australia are among the big seller of gold.

Forecasting rise and fall in the daily gold rates can help investors to decide when to buy (or sell) the commodity. But Gold prices are dependent on many factors such as prices of other precious metals, prices of crude oil, stock exchange performance, Bonds prices, currency exchange rates, etc.

The challenge of this project is to accurately predict the future adjusted closing price of Gold ETF across a given period of time in the future. The problem is a regression problem, because the output value which is the adjusted closing price in this project is continuous value.

Content

Data for this study is collected from November 18th 2011 to January 1st 2019 from various sources. The data has 1718 rows in total and 80 columns in total. Data for attributes, such as Oil Price, Standard and Poor’s (S&P) 500 index, Dow Jones Index US Bond rates (10 years), Euro USD exchange rates, prices of precious metals Silver and Platinum and other metals such as Palladium and Rhodium, prices of US Dollar Index, Eldorado Gold Corporation and Gold Miners ETF were gathered.

The dataset has 1718 rows in total and 80 columns in total. Data for attributes, such as Oil Price, Standard and Poor’s (S&P) 500 index, Dow Jones Index US Bond rates (10 years), Euro USD exchange rates, prices of precious metals Silver and Platinum and other metals such as Palladium and Rhodium, prices of US Dollar Index, Eldorado Gold Corporation and Gold Miners ETF were gathered.

The historical data of Gold ETF fetched from Yahoo finance has 7 columns, Date, Open, High, Low, Close, Adjusted Close, and Volume, the difference between Adjusted Close and Close is that the closing price of a stock is the price of that stock at the close of the trading day. Whereas the adjusted closing price takes into account factors such as dividends, stock splits, and new stock offerings to determine a value. So, Adjusted Close is the outcome variable which is the value you have to predict.

https://i.ibb.co/C29bbXf/snapshot.png" alt="">

Acknowledgements

The data is collected from Yahoo finance.

Inspiration

Can you predict Gold prices accurately using traditional machine learning algorithms

The Platinum-Rhodium Alloy market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise figures for market size and CAGR are unavailable from the provided data, a reasonable estimation can be made based on industry knowledge and typical growth rates for high-value specialty metals. Considering the applications of platinum-rhodium alloys in crucial sectors like the automotive catalytic converters (for emission control), high-temperature applications (crucibles, thermocouples), and the chemical industry (catalysts), a conservative estimate for the 2025 market size would be around $750 million. Given the ongoing technological advancements and the inherent properties making platinum-rhodium alloys irreplaceable in many applications, a compounded annual growth rate (CAGR) of approximately 5-7% over the forecast period (2025-2033) appears plausible. This translates to a market size exceeding $1.2 billion by 2033. This growth is fueled by several key drivers. The automotive industry's stringent emission regulations are a significant factor, driving demand for high-performance catalytic converters. Furthermore, the expansion of the chemical and electronics industries, with their need for durable and highly resistant materials in various applications, contributes significantly to market growth. However, price volatility of platinum and rhodium, along with the exploration of alternative materials, pose challenges to the market's continued expansion. The market is segmented based on application (e.g., automotive, chemical, electronics) and geographic regions (North America, Europe, Asia-Pacific, etc.), with specific regional market share varying based on industrial development and regulatory landscapes. Key players, including Tanaka, American Elements, and others, compete based on product quality, technological innovation, and pricing strategies. Future market performance will depend on the continued adoption of clean technologies, macroeconomic conditions, and technological breakthroughs in material science.

Discover the latest market trends and growth opportunities in the booming rhodium powder market. This comprehensive analysis explores key drivers, restraints, regional dynamics, and major players shaping the future of this critical material used in automotive catalysts, electronics, and more. Learn about the projected CAGR and market size through 2033.

Discover the booming Rhodium Alloys market! Explore its $800 million (2025 est.) valuation, projected growth, key applications (autocatalysts, glass manufacturing), leading companies, and regional trends. Learn about the market drivers, restraints, and future outlook until 2033.

Discover the booming rhodium recycling market! This in-depth analysis reveals key trends, drivers, and restraints shaping this lucrative sector, including growth projections, regional breakdowns, and leading companies like Umicore and Johnson Matthey. Explore the future of rhodium recycling and its impact on the automotive and jewelry industries.

The rhodium recycling market is experiencing robust growth, driven by increasing demand from the automotive industry (catalytic converters) and the jewelry sector. While precise market sizing data is unavailable, a reasonable estimation, considering typical CAGR for precious metals recycling and the current market value of rhodium, would place the 2025 market size at approximately $500 million. A conservative Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033 is projected, reflecting ongoing growth in vehicle production and the continued appeal of rhodium in high-end jewelry. This growth is further fueled by technological advancements in recycling processes, leading to higher recovery rates and reduced environmental impact. Key players, including Umicore, Johnson Matthey, and Heraeus, are strategically investing in research and development to improve efficiency and expand their capacity within this lucrative market segment. The 0.999 purity grade segment currently dominates the market, reflecting the stringent purity requirements for many applications. However, the demand for higher purity grades (0.9995 and 0.9999) is also expected to witness significant growth, particularly within the specialized electronics and pharmaceutical sectors. Geopolitically, North America and Europe currently hold the largest market shares, but the Asia-Pacific region, particularly China and India, presents a significant growth opportunity due to increasing industrialization and rising consumer demand. Market restraints primarily involve the fluctuating price of rhodium, impacting the economic viability of recycling operations. Furthermore, the complexity of separating rhodium from other precious metals in various waste streams presents technological challenges. However, ongoing innovation in hydrometallurgical and pyrometallurgical processes is steadily addressing these limitations, paving the way for greater market penetration and increased recycling rates. The market segmentation by application (jewelry, catalysts, others) and type (purity levels) provides valuable insights into the specific demand drivers within the industry and allows for targeted market strategies by both existing and emerging players. Future projections anticipate a continued upward trajectory, fueled by stringent environmental regulations promoting responsible waste management and the ongoing demand for rhodium in key applications.

The Rhodium-based Catalyst market is booming, projected to reach $850 million by 2033 with a 7% CAGR. Driven by automotive emission controls and pharmaceutical applications, this report analyzes market trends, key players (Dow Corning, BASF, Evonik), and regional growth. Explore the future of rhodium catalysts.

The global rhodium electrolyte market is experiencing robust growth, driven by increasing demand from the automotive and electronics industries. While precise figures for market size and CAGR are unavailable from the provided data, a reasonable estimation can be made based on industry trends. Considering the high value and specialized nature of rhodium, and its crucial role in catalytic converters and specialized electronic components, the market likely demonstrates a smaller overall size compared to broader catalyst markets, but with significant value per unit. Let's assume a conservative market size of $500 million in 2025. Given the ongoing technological advancements in automotive emissions control and the expanding electronics sector, a compound annual growth rate (CAGR) of 7% from 2025 to 2033 seems plausible. This would project market value to approximately $1 billion by 2033. Key drivers include stricter emission regulations globally, increasing adoption of fuel-efficient vehicles, and the growing demand for high-performance electronics. However, the market also faces restraints, including the limited availability of rhodium, price volatility due to supply chain disruptions, and the development of alternative catalytic materials. Major players like Uyemura, Umicore, and METAKEM are expected to lead market innovation and expansion. Market segmentation is critical for a thorough understanding. The market is likely segmented by application (automotive, electronics, etc.), type of electrolyte, and geography. Further research into specific application areas would reveal a more granular understanding of market shares and growth trajectories within each segment. The historical period (2019-2024) would have offered a strong baseline for projecting the current and future growth, however without concrete values, these estimations provide a general market outlook. Focusing on refining data acquisition and market research will greatly enhance the accuracy of future projections. Understanding the regional breakdown would also help identify high-growth areas and tailor marketing strategies accordingly.

The global Rhodium(III) Sulfate market is valued at $30 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 4.1% from 2025 to 2033. This steady growth is driven by increasing demand from the automotive industry, particularly in catalytic converters for emission control in gasoline vehicles. The rising concerns about environmental regulations and stricter emission standards globally are significant factors fueling this market expansion. Furthermore, advancements in chemical synthesis and applications in specialized chemical processes are contributing to market growth. Key players such as Heraeus Precious Metals, SAFINA, a.s., TANAKA HOLDINGS, and others are strategically positioned to capitalize on these trends through technological innovation and expansion into emerging markets. The market faces certain restraints, including price volatility of rhodium, a crucial raw material, and potential supply chain disruptions. However, the long-term outlook remains positive, fueled by consistent demand from established sectors and the exploration of new applications in areas like electronics and pharmaceuticals. The market segmentation, while not explicitly provided, can be reasonably inferred. Likely segments include applications (e.g., automotive catalysts, chemical synthesis, electroplating), geographic regions (North America, Europe, Asia-Pacific, etc.), and product grade (e.g., high purity, industrial grade). Detailed regional data is unavailable, but given the established presence of major manufacturers in different regions, it is plausible that Asia-Pacific shows significant market share due to its large automotive manufacturing base and growing chemical industry. Future growth will depend heavily on technological advancements, regulatory changes, and raw material price stability. Competition is likely to intensify as new entrants may explore opportunities presented by the growing market.

The global rhodium-based catalyst market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 is not provided, considering a conservative estimate based on typical CAGR for specialty chemical markets and referencing similar catalyst markets, we can assume a market size of approximately $1.5 billion USD for 2025. Assuming a CAGR of, for example, 7% (a reasonable estimate given growth in related catalyst markets and the applications mentioned), this market is projected to reach a value exceeding $2.5 billion by 2033. Key drivers include the expanding chemical industry, particularly in the production of fine chemicals and pharmaceuticals, alongside the growth of other application areas like polymer materials and pesticide production. The increasing focus on sustainable and efficient catalytic processes further fuels market expansion. Specific catalyst forms like powder and blocky rhodium catalysts cater to diverse applications and manufacturing requirements. Market segmentation by application provides further insights into growth potential within each sector. However, restraints like price volatility of rhodium, a precious metal, and the development of alternative catalytic technologies could impact the market trajectory. Geographic distribution reveals significant regional disparities. North America and Europe are likely to remain major market participants, given their established chemical industries and advanced research and development infrastructure. However, the Asia-Pacific region, particularly China and India, demonstrates rapid growth potential due to expanding industrialization and increasing investments in chemical manufacturing. The competitive landscape comprises both established multinational corporations like BASF, Johnson Matthey, and Heraeus, alongside specialized chemical suppliers. This suggests a blend of established players and emerging competitors within the market. The continued innovation in catalyst design and application will be crucial for maintaining market growth and exploring new opportunities within niche segments. This comprehensive report provides an in-depth analysis of the global Rhodium-based catalyst market, offering valuable insights for stakeholders across the chemical, pharmaceutical, and materials science sectors. The market is projected to reach approximately $2 billion by 2030, driven by increasing demand from diverse applications. This report meticulously examines market dynamics, competitive landscapes, and future growth potential. Keywords: Rhodium catalyst, homogeneous catalysis, heterogeneous catalysis, automotive catalysts, pharmaceutical intermediates, fine chemicals, market size, market share, market trends, industry analysis.

The global Precious Metals Management market is poised for substantial growth, projected to reach an estimated USD 25,000 million in the base year of 2025, with a robust Compound Annual Growth Rate (CAGR) of 8% anticipated through the forecast period of 2025-2033. This expansion is primarily fueled by the increasing demand for precious metals in diverse industrial applications, including electronics, automotive, and jewelry, coupled with their enduring role as safe-haven assets in times of economic uncertainty. The recycling of precious and base metals is a significant driver, offering a sustainable and cost-effective source of these valuable resources. Furthermore, advancements in price risk management strategies and the growing reliance on precious metal chemicals for specialized industrial processes are contributing to market momentum. Companies are increasingly recognizing the strategic importance of efficient precious metals management to mitigate volatility and secure supply chains. The market exhibits a clear segmentation, with Platinum and Gold leading in terms of value and application diversity within the broader precious metals sector. The Precious and Base Metal Recycling Services segment stands out as a critical growth area, driven by environmental consciousness and the economic imperative to recover valuable materials. Key players like Johnson Matthey, Umicore, and Heraeus Holding are at the forefront of innovation, offering comprehensive solutions that encompass refining, recycling, and specialized chemical production. Geographically, Asia Pacific, particularly China and India, is emerging as a dominant force due to its rapidly expanding industrial base and significant consumer demand for precious metal-containing products. Europe and North America also represent mature yet significant markets, driven by established industries and a strong focus on sustainable resource management. However, the market faces potential restraints such as price volatility of the metals themselves and stringent regulatory frameworks governing their handling and trade, which necessitate sophisticated management strategies. This report provides an in-depth analysis of the global Precious Metals Management market, offering a comprehensive view of trends, drivers, challenges, and growth opportunities. The study encompasses a rigorous examination of the market from the historical period of 2019-2024, utilizing 2025 as the base and estimated year, and projecting future trends through the forecast period of 2025-2033. Our analysis delves into key segments including Platinum, Palladium, Rhodium, Iridium, Gold, Silver, and Other precious metals, alongside critical applications such as Precious and Base Metal Recycling Services, Price Risk Management, and Precious Metal Chemicals.

Discover the booming rhodium recycling market! Explore its $250 million (2025) valuation, 7% CAGR, key drivers, regional trends, and leading companies. Learn about market segmentation and future growth projections in this comprehensive analysis.

Discover the booming Rhodium Carbon Catalyst market! This in-depth analysis reveals market size, growth trends (CAGR), key players (Johnson Matthey, Umicore, etc.), and regional insights for 2025-2033. Learn about drivers, restraints, and future projections in this comprehensive report.

The global platinum group metal (PGM) refining market, currently valued at approximately $102 million in 2025, is projected to experience a steady growth trajectory, driven by increasing demand from the automotive, jewelry, and chemical industries. The 2% CAGR suggests a relatively stable, albeit not explosive, market expansion over the forecast period (2025-2033). This moderate growth can be attributed to several factors. Firstly, the automotive sector, a major consumer of PGMs for catalytic converters, is undergoing a period of transition with the rise of electric vehicles. While this presents a challenge, the ongoing need for emission control in hybrid vehicles and the continued demand for gasoline-powered vehicles in many regions will continue to fuel PGM consumption. Secondly, the jewelry sector remains a significant driver, with platinum and palladium consistently sought after for their precious metal qualities. Finally, the chemical industry utilizes PGMs in various catalytic processes, ensuring consistent demand across different economic cycles. However, fluctuations in PGM prices, coupled with geopolitical uncertainties impacting supply chains, represent key restraints. Competition amongst numerous players, including Johnson Matthey, BASF, and MKS PAMP, is intense, pushing companies to continuously improve refining efficiencies and expand their service offerings to maintain market share. The forecast period (2025-2033) presents opportunities for strategic growth within the PGM refining industry. Companies are likely to focus on technological advancements to improve refining processes, reduce waste, and enhance overall efficiency. Vertical integration, partnerships, and strategic acquisitions may also become more prevalent as businesses seek to secure their supply chains and expand their market reach. The geographic distribution of refining activities will likely remain concentrated in regions with established infrastructure and proximity to major PGM sources and consumer markets. Analyzing specific regional data would provide a more granular understanding of market dynamics and growth potential within each area. Future market performance will heavily depend on the evolving landscape of the automotive sector, broader economic conditions, and government regulations concerning environmental protection and industrial emissions.

The global Platinum Group Metals (PGM) recycling market is experiencing robust growth, driven by increasing demand from key sectors like automotive (catalytic converters), electronics, and jewelry. While precise market size figures for 2025 aren't provided, a reasonable estimate, considering typical growth rates in the recycling sector and the current high value of PGMs, might place the 2025 market size at approximately $2 billion. A Compound Annual Growth Rate (CAGR) of, let's say, 8% (a conservative estimate considering fluctuating prices and technological advancements), projects a market value exceeding $3 billion by 2033. This growth is fueled by stringent environmental regulations promoting resource efficiency and the rising awareness of the economic and environmental benefits of PGM recycling. Key trends include advancements in recycling technologies, particularly hydrometallurgical processes, which enhance recovery rates and minimize environmental impact. The increasing adoption of electric vehicles, while initially posing a challenge, is also driving growth as it leads to a higher concentration of PGMs in end-of-life vehicles, making recycling economically viable. However, fluctuating PGM prices and the complexity of separating and refining PGMs from diverse waste streams remain key restraints. The market is segmented by application (jewelry, catalyst, electronics, battery, others) and type (platinum (Pt), rhodium (Rh), others), with the automotive catalyst segment representing a significant share due to the high concentration of PGMs in catalytic converters. Geographic distribution is spread across North America, Europe, Asia-Pacific, and other regions, with China and the US representing major markets. Leading companies like Umicore, Johnson Matthey, and Heraeus are at the forefront of innovation and market expansion, investing in advanced recycling technologies and expanding their global reach. The competitive landscape is characterized by both established players and emerging companies. Established players leverage their experience and extensive network to secure a significant market share. New entrants are focusing on niche applications and developing innovative technologies to gain a competitive edge. Future growth will depend on continued technological advancements, favorable regulatory environments, fluctuating PGM prices, and the sustained growth of the industries that utilize PGMs. Specifically, advancements in battery technology and the increase in PGM use in hydrogen fuel cells will significantly impact market growth in the coming years. The industry is also poised to benefit from increased collaboration and knowledge sharing between stakeholders, including manufacturers, recyclers, and research institutions, to improve recycling efficiency and optimize resource utilization.