Ruthenium Market
Ruthenium Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Electrical, Chemical, Electrochemical, Automotive, Others
- By Source Mining, Extracting, and Refining, Recycling
- By Form Dry Metal/ Metal Powder, Sponge Metal/ Metal Foam, Metal Salts/ Compounds, Others
- By Region North America, Europe, Asia Pacific, Latin America, The Middle-East and Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 1406.9 Million |
Revenue 2032: | USD 1914.6 Million |
Revenue CAGR (2024 - 2032): | 5.27% |
Fastest Growing Region (2024 - 2032) | Asia Pacific |
Largest Region (2023): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Ruthenium Market Segment Analysis
- Ruthenium Application Outlook (Revenue, USD Million, 2018 - 2030)
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Ruthenium Source Outlook (Revenue, USD Million, 2018 - 2030)
- Mining
- Extracting
- and Refining
- Recycling
- Ruthenium Form Outlook (Revenue, USD Million, 2018 - 2030)
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
-
North America Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
-
North America Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- U.S.
- U.S. Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- U.S. Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- U.S. Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- U.S. Ruthenium Market, by Application
- Canada
- Canada Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Canada Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Canada Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Canada Ruthenium Market, by Application
-
Mexico
- Mexico Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Mexico Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Mexico Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Mexico Ruthenium Market, by Application
-
North America Ruthenium Market, by Application
- Europe
-
Europe Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
-
Europe Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
-
Europe Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- U. K.
- U.K. Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- U.K. Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- U.K. Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- U.K. Ruthenium Market, by Application
- France
- France Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- France Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- France Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- France Ruthenium Market, by Application
-
Germany
- Germany Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Germany Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Germany Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Germany Ruthenium Market, by Application
-
Italy
- Italy Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Italy Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Italy Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Italy Ruthenium Market, by Application
-
Spain
- Spain Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Spain Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Spain Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Spain Ruthenium Market, by Application
-
Rest of Europe
- Rest of Europe Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Rest of Europe Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Rest of Europe Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Rest of Europe Ruthenium Market, by Application
-
Europe Ruthenium Market, by Application
- Asia Pacific
-
Asia Pacific Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
-
Asia Pacific Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
-
Asia Pacific Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- China
- China Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- China Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- China Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- China Ruthenium Market, by Application
- Japan
- Japan Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Japan Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Japan Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Japan Ruthenium Market, by Application
-
Germany
- Germany Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Germany Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Germany Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Germany Ruthenium Market, by Application
-
India
- India Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- India Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- India Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- India Ruthenium Market, by Application
-
South Korea
- South Korea Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- South Korea Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- South Korea Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- South Korea Ruthenium Market, by Application
-
South East Asia
- South East Asia Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- South East Asia Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- South East Asia Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- South East Asia Ruthenium Market, by Application
-
Rest of Asia Pacific
- Rest of Asia Pacific Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Rest of Asia Pacific Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Rest of Asia Pacific Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Rest of Asia Pacific Ruthenium Market, by Application
-
Asia Pacific Ruthenium Market, by Application
- Latin America
-
Latin America Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
-
Latin America Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
-
Latin America Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Brazil
- Brazil Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Brazil Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Brazil Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Brazil Ruthenium Market, by Application
- Argentina
- Argentina Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Argentina Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Argentina Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Argentina Ruthenium Market, by Application
-
Rest of Latin America
- Rest of Latin America Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Rest of Latin America Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Rest of Latin America Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Rest of Latin America Ruthenium Market, by Application
-
Latin America Ruthenium Market, by Application
- Middle East & Africa
-
Middle East & Africa Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
-
Middle East & Africa Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
-
Middle East & Africa Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- GCC Countries
- GCC Countries Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- GCC Countries Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- GCC Countries Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- GCC Countries Ruthenium Market, by Application
- South Africa
- South Africa Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- South Africa Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- South Africa Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- South Africa Ruthenium Market, by Application
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Ruthenium Market, by Application
- Electrical
- Chemical
- Electrochemical
- Automotive
- Others
- Rest of Middle East & Africa Ruthenium Market, by Source
- Mining
- Extracting
- and Refining
- Recycling
- Rest of Middle East & Africa Ruthenium Market, by Form
- Dry Metal/ Metal Powder
- Sponge Metal/ Metal Foam
- Metal Salts/ Compounds
- Others
- Rest of Middle East & Africa Ruthenium Market, by Application
-
Middle East & Africa Ruthenium Market, by Application
- North America
FAQ
Frequently Asked Question
What is the global demand for Ruthenium in terms of revenue?
-
The global Ruthenium valued at USD 1406.9 Million in 2023 and is expected to reach USD 1914.6 Million in 2032 growing at a CAGR of 5.27%.
Which are the prominent players in the market?
-
The prominent players in the market are JOHNSON MATTHEY, AMERICAN ELEMENTS, TANAKA KIKINZOKU KOGYO K.K., ANGLO AMERICAN, HERAEUS, SAMSUNG ELECTRONICS CO. LTD., Umicore N.V., Materion Corp., Norilsk Nickel, Sibanye-Stillwater Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.27% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Ruthenium include
- Rising demand from electronics industry to boost market expansion
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Ruthenium in 2023.