Report overview
Gold occupies a large share of the market. Platinum group metals are listed as strategic materials by many countries.
The consumer sector occupies most of the product application market.
Precious metals have dual attributes of commodities and finance. The demand for precious metals is mainly divided into two categories: commodity manufacturing consumption and market investment demand. The currency attributes of precious metals led by gold are becoming more prominent. In addition, the application of precious metals in high-tech fields such as communication equipment and aerospace has become an important growth point for precious metals.
Currently, major global manufacturers include: Newmont Corporation, Barrick, Norilsk Nickel, Anglo-American Platinum, etc. It is expected that industry competition will become more intense in the next few years.
This report aims to provide a comprehensive presentation of the global market for Precious Metals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Precious Metals. This report contains market size and forecasts of Precious Metals in global, including the following market information:
Global Precious Metals Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Precious Metals Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Precious Metals companies in 2022 (%)
The global Precious Metals market was valued at US$ 252920 million in 2022 and is projected to reach US$ 298440 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
From a regional perspective, the Chinese market has changed rapidly in the past few years. In terms of product type and technology, gold occupies a large share of the market. Platinum group metals are listed as strategic materials by many countries. They are the key raw materials for modern industry and high technology, and have storage value like gold and silver. With the development of economy and high technology, there has been a rapid increase in world demand. In terms of product market application, the consumer sector occupies most of the product application market.
Precious metals have dual attributes of commodities and finance. The demand for precious metals is mainly divided into two categories: commodity manufacturing consumption and market investment demand. With the development of the global precious metal market, market functions are becoming more and more diversified, and the variety of precious metal investment is increasing. The composition of precious metal investment demand is more complex. Countries have formed multiple levels of precious metal processing and manufacturing, wholesale and retail, lease financing, asset allocation, investment and trade, etc. , Multi-form and multi-functional market demand system. With the increasing uncertainty of the world economy, the monetary attributes of precious metals led by gold have become more and more prominent. Gold is the only time-tested, irreplaceable, global strategic asset and the cornerstone of the financial reserve system of various countries. It plays an irreplaceable role in national financial stability and economic security. In addition, the application of precious metals in high-tech fields such as communication equipment and aerospace has become an important growth point for precious metals.
Currently, major global manufacturers include: Newmont Corporation, Barrick, Norilsk Nickel, Anglo-American Platinum, etc. It is expected that industry competition will become more intense in the next few years.
We surveyed the Precious Metals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precious Metals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Precious Metals Market Segment Percentages, by Type, 2022 (%)
Gold
Silver Metal
Platinum Group Metals
Global Precious Metals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Precious Metals Market Segment Percentages, by Application, 2022 (%)
Industry
Consumer Sector
Financial Sector
Global Precious Metals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Precious Metals Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Precious Metals revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Precious Metals revenues share in global market, 2022 (%)
Key companies Precious Metals sales in global market, 2018-2023 (Estimated), (MT)
Key companies Precious Metals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Newmont Corporation
Barrick
Nornickel
AngloAmerica
Sibanye Gold Limited
AngloGold Ashanti Limited
Polyus Gold International
China National Gold Group Co.,Ltd.
Kinross Gold Corporation
Newcrest Mining Limited
Gold Fields Limited
Agnico Eagle Mines Ltd
Polymetal International Plc
Fresnillo plc
Shangdong gold group Co.,Ltd.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Precious Metals, market overview.
Chapter 2: Global Precious Metals market size in revenue and volume.
Chapter 3: Detailed analysis of Precious Metals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Precious Metals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Precious Metals capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
