Live Updates > Live Update Details
2026-05-26 00:40:39
[World Platinum Investment Council: Platinum Demand Related to the Hydrogen Economy Expected to Grow to Approximately 400,000 Ounces by 2030] The World Platinum Investment Council (WPIC) believes that the hydrogen economy is quietly becoming one of the most important structural drivers of platinum demand growth over the next decade. WPIC data shows that between 2021 and 2025, global green hydrogen production increased sixfold, from approximately 50,000 tons per year to approximately 300,000 tons per year. During the same period, global electrolyzer capacity increased ninefold, from 0.6 gigawatts to 4.9 gigawatts. This growth trend is increasingly important to the platinum market, as platinum plays a key role in proton exchange membrane electrolyzers and fuel cell technology. WPIC projects that platinum demand related to the hydrogen economy is expected to grow to approximately 400,000 ounces by 2030.
