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

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

Cosmetic Dyes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-4039 | Report Format:

Global Cosmetic Dyes Market: Overview Dyes are used to color a substance and have the ability to absorb wavelengths of visible light. So are the cosmetic dyes. The property of solubility in water has made cosmetic dyes more popular across the globe. Global Cosmetic Dyes Market: Growth Factors ...Read More

Sewing Thread Market By Type (Natural and Synthetic) and By Application (Apparel, Footwear, Bedding and Mattress, Luggage and Bags, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Apr-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4004 | Report Format:

The report covers a forecast and an analysis of the sewing thread market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (K Tons). The study includes drivers and restraints...Read More

Hair Styling Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3989 | Report Format:

Global Hair Styling Products Market: Overview Hair care products used for moisturizing, hair straightening, hair curling, hair perfuming, protecting hair from heat, and other hair styling purposes have been considered as hair styling products. Hair styling products are used to alter the texture ...Read More

Denim Jeans Market By Type (Economy, Standard, Premium, and Super Premium), By End-Use (Women, Men, and Children), and By Distribution Channel (Specialty Stores, Online Stores, Brand Outlets, Convenient Stores, and Supermarkets/Hypermarkets): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Apr-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3977 | Report Format:

The report covers a forecast and an analysis of the denim jeans market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion) and volume (Million Units). The study includes drivers and restraints o...Read More

Copier Paper Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3975 | Report Format:

Global Copier Paper Market: Overview Copier paper is an uncoated freesheet grade paper used for everyday printing and copying needs. In contrast to printing papers, copier paper is lighter in weight and more economical. Hence, both papers are often used interchangeably. Global Copier Paper Mar...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.