Global Precious Metal Market Analysis 2020
The Precious Metal market is expected to reach $378.07 billion by 2026 growing at a CAGR of 11.0% during 2019 to 2026. A precious metal is a unique, naturally occurring metallic chemical metal of high financial value. Chemically, these are less reactive than most of the other elements. They have high luster and are usually ductile in nature. Historically, these products were significant as currency but are now more viewed mostly as investments and industrial commodities.
Factors such as increasing use of palladium & platinum metal in electric vehicles industry are driving the market growth. Though, government restriction on mining and rare availability of the coal, gold, platinum, and silver is restraining the market. The rising demand for the product in jewelry application is boosting the demand for the market growth.
Based on product, the gold segment is anticipated to grow at the significant rate during the forecast period due to the steady consumption traits in the gold jewelry sector of China and India which is likely to remain a key driver in the upcoming years. The wedding industry of both countries offer round the year opportunities for the gold jewelry market space vendors, thereby assisting the demand for precious commodities, majorly gold.
The key vendors mentioned are AngloGold Ashanti, Barrick Gold, Eurasia Mining PLC, Freeport-McMoRan, Gold Fields, Goldcorp, Kinross Gold, Newcrest Mining, Newmont Goldcorp, Polyus Gold International, Randgold Resources and Vale SA.
Products Covered:
• Gold
• Indium
• Iridium
• Osmium
• Palladium
• Platinum
• Rhenium
• Rhodium
• Ruthenium
• Silver
Distribution Channels Covered:
• Offline
• Online
Applications Covered:
• Jewelry
• Investment
• Dentistry
• Computer Parts
• Cutlery
• Photography
• Reserve and Currency
• Other Applications
End Users Covered:
• Electronics
• Medical
• Automotive
• Aerospace
• Oil & Gas
• Industrial
• Chemical
• Space
• Metallurgical
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key Questions Answered in this Report:
• How this market evolved since the year 2018
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period
- 1 Market Synopsis
- 2 Research Outline
- 2.1 Research Snapshot
- 2.2 Research Methodology
- 2.3 Research Sources
- 2.3.1 Primary Research Sources
- 2.3.2 Secondary Research Sources
- 3 Market Dynamics
- 3.1 Drivers
- 3.2 Restraints
- 4 Market Environment
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Precious Metal Market, By Product
- 5.1 Introduction
- 5.2 Gold
- 5.3 Indium
- 5.4 Iridium
- 5.5 Osmium
- 5.6 Palladium
- 5.7 Platinum
- 5.8 Rhenium
- 5.9 Rhodium
- 5.10 Ruthenium
- 5.11 Silver
- 6 Global Precious Metal Market, By Distribution Channel
- 6.1 Introduction
- 6.2 Offline
- 6.3 Online
- 7 Global Precious Metal Market, By Application
- 7.1 Introduction
- 7.2 Jewelry
- 7.3 Investment
- 7.4 Dentistry
- 7.5 Computer Parts
- 7.6 Cutlery
- 7.7 Photography
- 7.8 Reserve and Currency
- 7.9 Other Applications
- 8 Global Precious Metal Market, By End User
- 8.1 Introduction
- 8.2 Electronics
- 8.3 Medical
- 8.4 Automotive
- 8.5 Aerospace
- 8.6 Oil & Gas
- 8.7 Industrial
- 8.8 Chemical
- 8.9 Space
- 8.10 Metallurgical
- 9 Global Precious Metal Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.3 Europe
- 9.4 Asia Pacific
- 9.5 South America
- 9.6 Middle East & Africa
- 10 Strategic Benchmarking
- 11 Vendors Landscape
- 11.1 AngloGold Ashanti
- 11.2 Barrick Gold
- 11.3 Eurasia Mining PLC
- 11.4 Freeport-McMoRan
- 11.5 Gold Fields
- 11.6 Goldcorp
- 11.7 Kinross Gold
- 11.8 Newcrest Mining
- 11.9 Newmont Goldcorp
- 11.10 Polyus Gold International
- 11.11 Randgold Resources
- 11.12 Vale SA
- List of Data Tables
- Table 1 Global Precious Metal Market Outlook, By Region (2018-2026) ($MN)
- Table 2 Global Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 3 Global Precious Metal Market Outlook, By Gold (2018-2026) ($MN)
- Table 4 Global Precious Metal Market Outlook, By Indium (2018-2026) ($MN)
- Table 5 Global Precious Metal Market Outlook, By Iridium (2018-2026) ($MN)
- Table 6 Global Precious Metal Market Outlook, By Osmium (2018-2026) ($MN)
- Table 7 Global Precious Metal Market Outlook, By Palladium (2018-2026) ($MN)
- Table 8 Global Precious Metal Market Outlook, By Platinum (2018-2026) ($MN)
- Table 9 Global Precious Metal Market Outlook, By Rhenium (2018-2026) ($MN)
- Table 10 Global Precious Metal Market Outlook, By Rhodium (2018-2026) ($MN)
- Table 11 Global Precious Metal Market Outlook, By Ruthenium (2018-2026) ($MN)
- Table 12 Global Precious Metal Market Outlook, By Silver (2018-2026) ($MN)
- Table 13 Global Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 14 Global Precious Metal Market Outlook, By Offline (2018-2026) ($MN)
- Table 15 Global Precious Metal Market Outlook, By Online (2018-2026) ($MN)
- Table 16 Global Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 17 Global Precious Metal Market Outlook, By Jewelry (2018-2026) ($MN)
- Table 18 Global Precious Metal Market Outlook, By Investment (2018-2026) ($MN)
- Table 19 Global Precious Metal Market Outlook, By Dentistry (2018-2026) ($MN)
- Table 20 Global Precious Metal Market Outlook, By Computer Parts (2018-2026) ($MN)
- Table 21 Global Precious Metal Market Outlook, By Cutlery (2018-2026) ($MN)
- Table 22 Global Precious Metal Market Outlook, By Photography (2018-2026) ($MN)
- Table 23 Global Precious Metal Market Outlook, By Reserve and Currency (2018-2026) ($MN)
- Table 24 Global Precious Metal Market Outlook, By Other Applications (2018-2026) ($MN)
- Table 25 Global Precious Metal Market Outlook, By End User (2018-2026) ($MN)
- Table 26 Global Precious Metal Market Outlook, By Electronics (2018-2026) ($MN)
- Table 27 Global Precious Metal Market Outlook, By Medical (2018-2026) ($MN)
- Table 28 Global Precious Metal Market Outlook, By Automotive (2018-2026) ($MN)
- Table 29 Global Precious Metal Market Outlook, By Aerospace (2018-2026) ($MN)
- Table 30 Global Precious Metal Market Outlook, By Oil & Gas (2018-2026) ($MN)
- Table 31 Global Precious Metal Market Outlook, By Industrial (2018-2026) ($MN)
- Table 32 Global Precious Metal Market Outlook, By Chemical (2018-2026) ($MN)
- Table 33 Global Precious Metal Market Outlook, By Space (2018-2026) ($MN)
- Table 34 Global Precious Metal Market Outlook, By Metallurgical (2018-2026) ($MN)
- Table 35 North America Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 36 North America Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 37 North America Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 38 North America Precious Metal Market Outlook, By End User (2018-2026) ($MN)
- Table 39 Europe Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 40 Europe Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 41 Europe Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 42 Europe Precious Metal Market Outlook, By End User (2018-2026) ($MN)
- Table 43 Asia Pacific Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 44 Asia Pacific Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 45 Asia Pacific Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 46 Asia Pacific Precious Metal Market Outlook, By End User (2018-2026) ($MN)
- Table 47 South America Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 48 South America Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 49 South America Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 50 South America Precious Metal Market Outlook, By End User (2018-2026) ($MN)
- Table 51 Middle East & Africa Precious Metal Market Outlook, By Product (2018-2026) ($MN)
- Table 52 Middle East & Africa Precious Metal Market Outlook, By Distribution Channel (2018-2026) ($MN)
- Table 53 Middle East & Africa Precious Metal Market Outlook, By Application (2018-2026) ($MN)
- Table 54 Middle East & Africa Precious Metal Market Outlook, By End User (2018-2026) ($MN)
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook