Global precious metals market is propelled by the growing demand for renewable energy. They are in demand by various industries like jewellery, chemical industry, and automobile industry, among others. Precious metals are metals that are naturally occurring and are less reactive than most metals. They have high economic value on account of but not limited to their rarity. Usually, they are ductile and have high lustre. Regional markets for global precious metals are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. These regions are headed by many companies such as Southern Copper Corporation (NYSE: SCCO) and Newmont Goldcorp Corporation (NYSE: NEM).
The market for gold, which is one of the types, is less volatile, and therefore investors are looking to invest in it. Gold demand is boosted by Central Banks' purchases and lowering the value of the dollar. The demand for silver is predicted to rise further due to the rise in solar installations across many markets. In 2019, the market for palladium market is going to increase moderately as the demand from the automotive sector is anticipated to grow. The industrial demand for platinum is forecasted to increase this year as a result of the increase in demand in petroleum and chemical sectors. In emerging economies like India, platinum use in the automotive industry is estimated to grow. Rhodium demand is expected to increase by 2% due to an increase in the market for autocatalyst and industrial sector.
Market Analysis by Types, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
Anglo American Plc, Southern Copper Corporation, Newmont Goldcorp Corporation, Norilsk Nickel PJSC, Northam Platinum Limited, North American Palladium Ltd, Newcrest Mining Limited, PJSC Polyus, Pan American Silver Corporation, Kinross Gold Corporation, Evolution Mining Ltd, and Compania de Minas Buenaventura S.A.A are the key players in the global precious metals market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.