27 September 2023: China’s demand for glass fibre continues to grow, supporting ongoing platinum industrial demand growth: Strong growth in global glass and glass fibre demand has been a major factor behind platinum industrial demand growth of 5.4% CAGR over the last decade, double that of global GDP growth. Despite glass capacity growth being cyclical, our analysis suggests that ongoing growth in the renewable energy industry and automotive lightweighting will support sustained glass fibre demand growth and therefore industrial platinum demand growth.
Platinum Perspectives
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