As the green hydrogen industry is set to ramp up, the electrolyzer market will drive up demand for platinum significantly in the next 17 years, placing a great strain on the supply side. This will encourage an increase in its trading price and, as a result, other industrial applications will slowly move away from its usage as a catalyst in a move which will complement the automotive industry transitioning from petroleum based engines towards electric means of propulsion. Rethink predicts that the electrolyzer market will operate 3.8 TW of capacity in 2040 which will directly result in a peak platinum demand of 422 tons only from the hydrogen industry (81% of the 2040 market and 2.4 times the total demand…