Precious Metals, also called as noble metals are rare and possess significant economic value. They are inert in nature and exhibits high ductility, excellent electrical conductivity, luster, and superior chemical resistance. Owing to its relatively inert nature, they find widespread applications in jewelry and electronics industries.
The Global Precious Metals Market has been segmented on the basis of Type, Application, and End-Use Industry.
Based on Type, the Global Precious Metals Market has been divided into gold, silver, and platinum group metals. The gold segment was the largest in 2017 and is expected to continue its dominance during the forecast period due to the surging demand for gold in jewelry, awards, bullion and coins as investment, dentistry, and in microelectronics. The market for silver is projected to grow at the highest CAGR in the following years owing to its low cost and surging demand in diverse applications such as electronics, photography, cutlery, medical, and investments.
By Application, the Global Precious Metals Market has been categorized into jewelry, investments, electronic components, dentistry, computer parts, cutlery, photography, and others. The jewelry segment dominated the Precious Metals Market in 2017 owing to the product’s inert nature, aesthetic appeal, and ductility. Increasing purchasing power and surging demand for the personal adornment are the key factors anticipated to drive the market growth during the forecast period. The investments segment is projected to grow at the highest CAGR during the assessment period owing to the growing demand for gold and silver in coins, bars, and bullion. These precious metals are a good investment during financial crisis and inflation.
On the basis of End-Use Industry, the Global Precious Metals Market has been segmented into electronics, medical, automotive, aerospace, oil & gas, and others. The electronics industry segment was the largest in 2017 owing to the rising consumption of gold and silver in photovoltaic cells, batteries, computer parts, and smart phones. The medical industry is estimated to register the highest CAGR in the coming years due to the rising applications in dental crowns and fixtures, cancer treatment, and antibiotics.
Browse Report Details @
https://www.marketresearchfuture.com/reports/precious-metals-market-6995
Competitive Analysis
Some of the market players involved in the Global Precious Metals Market are Newmont Mining Corporation. (US), Hycroft Mining Corporation (US), Freeport-McMoRan (US), Norilsk Nickel (Russia), Anglo American (UK), Sumitomo Metal Mining Co., Ltd. (Japan), Asahi Refining (US), Russian Platinum (Russia), Barrick Gold Corporation (Canada), GOLDCORP INC. (Canada), Kinross Gold Corporation (Canada), Lonmin Plc (South Africa), and PAN AMERICAN SILVER. (Canada).
Regional Analysis
The Global Precious Metals Market has been studied for five major regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The Asia-Pacific is the leading market due to the growing demand for Precious Metals such as gold and silver in jewelry making. China is the leading market in the region owing to the rising investments of gold and silver, growing retail outlets of jewelry, increasing disposable income, and healthy growth of the electronics industry. The North American market is projected to register the highest CAGR during the forecast period due to large mining activities and recovery of economy.
Market Segmentation
The Global Precious Metals Market has been categorized on the basis of Type, Application, End-Use Industry and Region.
By Type, the Global Precious Metals Market has been classified into gold, silver, and platinum group metals. The platinum group metals segment has been further segmented into platinum, palladium, ruthenium, rhodium, osmium, and iridium.
On the basis of Application, the Global Precious Metals Market has been divided into jewelry, investments, electronic components, dentistry, computer parts, cutlery, photography, and others.
Based on End-Use Industry, the Global Precious Metals Market has been categorized into electronics, medical, automotive, aerospace, oil & gas, and others.
The Global Precious Metals Market has been analyzed across five key regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Request For Sample Report Here @
https://www.marketresearchfuture.com/sample_request/6995
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Phone: +16468459312
Email: [email protected]
Read More Related Article:
https://www.marketresearchfuture.com/reports/chemical-intermediate-market-1925
https://www.marketresearchfuture.com/reports/electroplating-market-8130
https://www.marketresearchfuture.com/reports/silicon-nitride-market-8132
Global Food Additives Market – OverviewDue to rising demand for flavors, and preservatives in the food industry, the market of food additives is growing at an incremental pace globally.
Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Food Additives Market Research Report- Forecast to 2022 that the market will demonstrate an exponential growth while achieving billion-dollar growth rapidly in the forecast period.The global food additives market is increasing due to increased demand for food additives in food and beverages industry.
However, health conscious consumers nowadays precisely look for product labels to know the exact composition of packaged foods before purchasing which has a direct impact on manufacturers to switch for natural food additives in packaged foods.Latest Industry UpdatesAug 2017 In order to support the rising demand for natural sweeteners from the consumers’ end, Coca-Cola announced their interest in investments in all-natural low- or no-calorie sugar alternatives.
The innovation through HeroX crowdsourcing platform will help the company in expanding and strengthening their business portfolio.May 2017 Whole Earth Sweetener Company, launched their new stevia range in the U.K.
The company’s strategy is to suffice the rising demand for natural sugars based on escalating health consciousness among the consumers.Mar 2017 Encouraging manufacturers to enter into production of natural sweeteners as a potential food additive, ED Man and Unavoo launched natural sweetener breakthrough that cuts sugar by 100%.
The product claims to have high potential as sugar replacer.Jul 2016 Food color is considered to be one of the vital food additives which adds to the organoleptic properties of the food product, Sentient launched yellow and orange food colors to broaden their food color range.Global Food Additives Market - Competitive AnalysisNew players are entering the market to penetrate the global market and generate revenues out of their food additives offerings.
According to the latest research report published by Dhirtek Business Research, the global luxury suv market report provides detailed information on the factors driving the growth of the luxury suv market.
This pandemic is having an impact on various sectors of the economy.
It predicts that the global economy will suffer as a result of the loss of trillions of dollars.
To compete in a competitive market, the companies must identify product opportunities based on their strengths.
This study provides a platform for understanding the various exciting and rising prospects in the field of luxury suv, and it will help every producer, distributor, or even user understand and succeed in this burgeoning industry.
Obtain a Sample Report and the Table of Content for the Luxury SUV Market Report:https://www.dhirtekbusinessresearch.com/market-report/Luxury-SUV-Market/request-for-sample-report Study Goals and Objectives of Global Luxury SUV Market The report provides information on the market impact of luxury suv.
Manufacturing Analytics Market TrendsThe global wafer fabrication market is expected to grow from USD 50.56 billion in 2018 to USD ~62 billion by 2025, at a CAGR of ~4% during the forecast period.
The process of producing electronic integrated circuits (IC) is complex.
The equipment used for wafer fabrication includes epitaxial deposition equipment, oxidation systems, diffusion systems, ion implantation equipment among others.
Silicon is the most common semiconductor used for wafer fabrication process.
Increasing demand for electronic and electrical devices and the growth of the automotive industry are the major factors contributing to the growth of the global wafer fabrication market.Key playersThe key players in the global wafer fabrication market are Lam Research Corporation (US), SCREEN Semiconductor Solutions Co., Ltd (Japan), Tokyo Electron Limited (Japan), SAMSUNG (South Korea), Applied Materials, Inc. (US), Hitachi High-Technologies Corporation (Japan), Motorola Solutions, Inc (US), Intel Corporation (US), KLA-Tencor Corporation (US), and ASML Holding NV (Netherlands).Other prominent players studied for the global wafer fabrication market are Dainippon Screen Manufacturing Co. Ltd. (Japan), Nikon Corporation (Japan), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Merck KGaA (Germany), and Okmetic Oy (Finland) among others.SegmentationThe global wafer fabrication market has been segmented on the basis of equipment type, fabrication process, end user, and region.Based on equipment type, the global wafer fabrication market has been segmented into oxidation systems, diffusion systems, epitaxial reactors, photolithography equipment, ion implantation equipment, and others.By fabrication process, the global wafer fabrication market has been classified as front end of line processing and back end of line processing.Based on end user, the market has been divided into memory manufacturers and integrated device manufacturers.On the basis of region, the market has been classified as North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.More Information@Manufacturing Analytics Market Research Report -2027 | MRFRManufacturing Analytics Market including Classification, Application and Industry Chain Overview,…Read on marketresearchfuture.comAbout Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),a Continuous-Feed Research (CFR), and Market Research and Consulting Services.Contact:Market Research Future+1 646 845 9312Email: [email protected]
