Rhodium Market Analysis, Trends, Demand, Growth and Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “ Rhodium Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the global rhodium market share , size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the Rhodium Market? The global rhodium market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.93% during 2023-2028. What is rhodium? Rhodium, a rare and resilient transition metal with a distinctive silvery-white hue, belongs to the esteemed platinum group of elements. Recognized by its chemical symbol Rh and atomic number 45, rhodium is encountered in platinum and nickel ores. A significant application lies in catalytic converters employ...