Precious Metals Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Request Brochure Request Discount

Report Code: ZMR-355 | Report Format : | Status : Upcoming |

Abstract

Precious metals are naturally obtained from earth extracts. These are metallic elements having high economic value and are very rare. These elements are spontaneously reactive and characterized by the high luster. Precious metals are primarily used as industrial raw materials and for investment purpose. These metals also possess ductile property. However, gold and platinum are considered to be most precious metals in this category. Gold, silver, and coinage are mostly used in the making of ornaments, arts, and coinages. Another branch of the precious metals is platinum group metals including iridium, ruthenium, platinum, palladium, osmium, and rhodium. Globally, platinum is highly traded.

The demand for the precious metal depends on its store and investment value. Increasing demand for the precious metals such as gold, silver, and platinum by the investment point of view will drive the global market in future. In addition, increasing use of palladium and platinum metal in electric vehicles industry will also impact the market positively. Moreover, rising demand for making artistic work and ornaments further boosts the market growth. Precious metals are also sold in stock exchange markets linked with declining share prices; this, in turn, is anticipated to boost the market growth. Government restriction on mining and rare availability of the coal, gold, platinum, and silver may hamper the market growth in the near future.

Precious metals market is segmented based on type as gold, silver, platinum, and others. Of which, gold is dominating metal segment across the world. While silver is the second leading market globally. Further, the global precious metals market is geographically segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. These regions mostly dealing in gold bars may foster the demand for precious metals in the market.

Asia Pacific is one of the leading markets for precious metals. Industrial growth in countries such as such as China, Japan, and India is the major reason for the market growth in this region. The Middle East is emerging market for the precious metals where trade generally carried out with gold. Countries such as Dubai and Brazil accounted for largest market share globally.

Some of the key players in the precious metals market are GlencoreXstrata, First Quantum Minerals, Goldcorp Freeport McMoRan Copper & Gold Inc., Goldcorp Inc., Lundin Mining, and Gold Fields Limited. Other major players influencing the global market include Harmony Gold Mining Company Limited, North American Palladium Ltd., Gabriel Resources Limited, and Barrick Gold.

Precious Metals Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Organic Personal Care Products Market By Product Category (Skin Care, Hair Care, Oral Care, Color Cosmetics, and Others), By Distribution Channel (Hypermarket/Supermarket, Specialist Retailers, Drug Stores, Online Retailing, and Direct Selling): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3362 | Report Format:

The report covers forecast and analysis for the organic personal care products market on a global and regional level. The study provides historical data along with a forecast from 2018 to 2024 based on revenue (USD Million) and volume (Million Units). The study includes drivers and restraints for ...Read More

Shampoo Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024

Price : $ 3999.00 | Report Code: ZMR-3355 | Report Format:

Global Shampoo Market: Overview The shampoo is a hair care product, typically in the form of a viscous liquid, which is used for cleaning hairs. The shampoo is used by applying it to the hairs, gently massaging the product into the hairs and finally rinsing it out. The primary aim of shampoo is ...Read More

Men’s Grooming Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2024

Price : $ 3999.00 | Report Code: ZMR-3352 | Report Format:

Mens Grooming Products Market: Overview Personal grooming is basically the method of cleaning and maintaining parts of the body. The idea behind grooming is not only the concern about hygiene but also to make a positive impression. In the case of men, teenagers and adults both focus significantl...Read More

Baby Care Product Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024

Price : $ 3999.00 | Report Code: ZMR-3344 | Report Format:

Global Baby Care Product Market: Overview Baby care product are those products that promises to meet the demand for taking care of the infant, generally between 0-4 yrs of age and address various basic needs of baby in day to day life. Increasing birthrate in emerging countries such as India and...Read More

Mechanical Locks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3340 | Report Format:

Global Mechanical Locks Market: Overview Numerous electrical locking devices require a mechanical lock in case of system error or power failure. The applications in doors, furniture, bicycles, and suitcase are projected to drive the global mechanical e market. The sales of mechanical locks are i...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.