Autocatalysis demand has increased over recent years to become the main end-use for palladium. It is particularly effective in gasoline three-way catalysts for converting potentially harmful hydrocarbons and carbon monoxide to harmless gases safe for release into the atmosphere.

Demand growth has been driven as emissions legislation has tightened and as vehicle production in its main market of gasoline light-duty vehicles has grown strongly, particularly in the emerging markets.
Industrial sector end-uses for palladium include a wide range of electrical/electronic applications and restorative dentistry. It is widely used in electronic components owing to its properties of high electrical conductivity and durability.

Palladium is used extensively in the conductive pastes of MLCCs (multi-layer ceramic capacitors).
Palladium Demand 2022
Source: SFA (Oxford)