Our latest research report entitled Precious Metals Market (by type (platinum group metals, silver, gold), by end-user(silver nitrate applications- photovoltaics, jewelry), applications(healthcare and automotive)) provides complete and deep insights into the market dynamics and growth of Precious Metals. The latest information on market risks, industry chain structure Precious Metals cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Precious Metals growth factors.
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Rise in Demand For Imitation and Quoted Jewelry is Expected to Affect the Market Growth
An increase in applications of precious metals such as silver and platinum group metals in the end-use industries is a primary factor promoting the growth in the world market. Moreover, a global rise in per capita income among the consumers in the world market is expected to drive the demand for the jewelry of precious metals over the forecast period.
However, regulatory aspects pertaining to the mining of precious metals are one of the primary restraining factors affecting the growth of this market, furthermore, a rise in demand for imitation and quoted jewelry is expected to affect the market growth of the precious metals over the forecast period.
Global Precious Metals Market is Segmented By Type, By End User Applications
On the basis of types, the precious metals market is segmented as platinum group metals, silver, gold, and others. On the basis of the end-use applications include silver nitrate applications- photovoltaics, jewelry, and others; gold applications- jewelry and others, platinum group metals- photovoltaics, jewelry, and others. Other applications include healthcare and automotive among others. Among the product, types of silver accounted for the largest market size in terms of volume over the period of 2015 and 2016.
Asia-Pacific Region Accounts for the Largest Market
The global Precious metals market covers the analysis of regions such as North America, Europe, Asia-Pacific and RoW (including Latin America, the Middle East, and Africa). An increase in the application industries in the Asia-Pacific region accounts for the largest market size in the world, moreover, these regions is expected to grow at the highest CAGR over the forecast period. Moreover, the North America region accounted for the second-largest market.
The companies covered in the report include manufacturers of global precious metals include Anglo American, Barrick Gold, Impala, Johnson Matthey, Lonmin, Newmont Mining, Aquarius Platinum, BHP Billiton, GoldCorp, and KGHM PolskaMiedz.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Precious Metals.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2023.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.