


Osmium is a rare, dense platinum group metal used in alloys, electrical contacts, fountain pen nibs, and catalysts.
Market growth is driven by increasing demand from the chemical, electronics, and jewelry industries, as well as high-value industrial applications.
THE GLOBAL
OSMIUM MARKET
WAS VALUED AT USD
550 MILLION IN 2023 EXPECTED TO REACH USD 890 MILLION BY 2032, GROWING AT A CAGR OF 5.4% DURING THE FORECAST PERIOD
By Type
Osmium Metal
Osmium Powder
Other Forms
By Application
Chemical Catalysts
Electrical and Electronics
Jewelry and Luxury Items
Alloys and Industrial Use
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Fastest growth due to industrial and manufacturing expansion
Growth supported by industrial uses and resource availability.
NORTH AMERICA
Growth driven by aerospace and electronics industries
Demand from luxury and catalyst applications
SOUTH AMERICA
Steady growth in mining and specialty applications