Current State of the Market:The palladium market has been experiencing significant growth over the past few years. The launch of several new palladium exchange-traded funds by organisations like Absa Capital in South Africa is anticipated to give the palladium market a significant boost. Growing demand for palladium in catalytic converters in the automotive industry in vehicles exhausts are one of the major growth factors driving the palladium market. Future market growth is expected to be from Asia Pacific with the growing industrial activities in emerging economies such as India. This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions.
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