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1476367

貴金属市場の2030年までの予測:製品別、用途別、エンドユーザー別、地域別の世界分析

Precious Metal Market Forecasts to 2030 - Global Analysis By Product, Application, End User and By Geography

出版日: | 発行: Stratistics Market Research Consulting | ページ情報: 英文 200+ Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=155.13円
貴金属市場の2030年までの予測:製品別、用途別、エンドユーザー別、地域別の世界分析
出版日: 2024年05月05日
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、世界の貴金属市場は2023年に2,635億米ドルを占め、予測期間中のCAGRは9.2%で成長し、2030年には4,879億米ドルに達すると予測されています。

貴金属市場は、商品取引所、店頭市場、現物地金ディーラーを含む様々なチャネルを通じて運営されています。貴金属の需要は、経済の安定、地政学的緊張、インフレ、通貨変動のような様々な要因に影響されます。投資家は、貴金属が価値の貯蔵庫と認識されることから、インフレや経済の不確実性に対するヘッジとして貴金属に目を向けることが多いです。さらに、貴金属は、その希少性、耐久性、工業的用途により、本質的価値を有しています。

米国地質調査所によると、2022年12月現在、メキシコの銀生産量は6,300トン、次いでペルーの3,100トンとなっています。

産業部門の一貫した成長

エレクトロニクス、自動車製造、再生可能エネルギー技術など、さまざまな産業用途に不可欠であるため、産業の拡大が金、銀、プラチナのような貴金属の需要増加を牽引します。産業が盛んになるにつれて、これらの金属に対するニーズも高まり、市場の需要は安定し、しばしば増大します。さらに、産業の成長は経済の繁栄を示し、それは安全資産としての貴金属に対する投資家の信頼を高め、貴金属価格をさらに上昇させる傾向があります。

通貨の変動

通貨の変動は、不確実性とボラティリティを生み出すことによって貴金属市場に影響を与えます。たとえば、米国ドルの価値が他の通貨に対して上昇した場合、ドル建ての金価格は、他の通貨を保有する者にとって割高になるため、下落する傾向があります。逆にドル安が進めば、他の通貨を保有する投資家にとっては相対的に割安になるため、金価格は上昇する可能性があります。このような変動は、投資に安定性を求める投資家にとって、貴金属市場への投資を躊躇させる可能性があります。さらに、通貨変動は貴金属の生産・流通コストにも影響を及ぼし、市場力学にさらなる影響を与えます。

インフレとデフレへの期待

投資家はインフレを予想すると、金、銀、プラチナのような貴金属に目を向けることで、不換紙幣の価値の減少をヘッジしようとします。これらの金属は、通貨が切り下げられる時期にも富を維持できる価値の貯蔵庫とみなされます。逆に、通貨価値が上昇し物価が下落するデフレ期にも、投資家はその安定性から安全な逃避先として貴金属に目を向けるかもしれないです。従って、インフレとデフレ期待の変動は、貴金属の需要を促進し、その価格に影響を及ぼす可能性があります。

地政学的リスク

地政学的緊張は、歴史的に金や銀のような安全資産への需要を促進する一方で、市場の動きを制約しうる不確実性をもたらします。紛争、貿易戦争、政情不安などの地政学的緊張の高まりは、投資家がボラティリティを回避して富を守ろうとするため、貴金属の需要が増加する可能性があります。しかし、同じ緊張が経済の混乱を招き、銀やプラチナのような金属の産業需要に影響を与えることもあります。しかし、地政学的事象は通貨価値や金利に影響を与え、それが貴金属価格にも影響を与える可能性があります。

COVID-19の影響:

当初、パンデミックは、投資家が不安定な株式市場や経済の不確実性からの逃避を求めたため、金や銀のような安全資産に対する需要の急増を引き起こしました。その結果、パンデミックによる経済への影響や、世界のサプライチェーンを混乱させる可能性に対する懸念が高まり、貴金属価格が急騰しました。しかし、世界各国政府が景気刺激策を実施し、中央銀行が危機の経済的影響を緩和するために金利を引き下げたため、貴金属の価値は変動しました。しかし、パンデミックによる採掘作業の混乱と物流の課題は、市場の変動をさらに助長しました。

予測期間中、宝飾品セグメントが最大になると予想される

宝飾品セグメントは予測期間中最大になると予想されます。というのも、これらの金属の本質的な価値と審美的な魅力が、装飾品を作るための素材として求められているからです。宝飾品は、文化の違いを超えて、価値の貯蔵や富の象徴として機能し、需要をさらに強化します。さらに、革新的なデザインと進化する消費者の嗜好は、新しい動向とスタイルを導入することによって、市場の成長に絶えず拍車をかけています。宝飾品市場の世界な性質は、貴金属の安定した多様な需要を確保し、市場の安定に寄与します。

化学品セグメントは予測期間中最も高いCAGRが見込まれる

化学品セグメントは予測期間中、最も高いCAGRが見込まれます。化学薬品は、浸出や溶媒抽出のような技術を通じて鉱石や電子廃棄物から貴金属を抽出する際に不可欠です。精錬では、化学品は貴金属を高純度まで精製し、業界標準を満たすために使用されます。さらに、化学薬品は、合金化、メッキ、表面処理工程にソリューションを提供することにより、宝飾品や電子部品などの貴金属製品を製造する上で極めて重要です。化学技術の進歩は、効率の改善、環境負荷の低減、貴金属の新しい用途の発見に貢献し、それによって市場の成長と多様化を刺激します。

最大シェアの地域

アジア太平洋地域は、推定期間中、最大の市場シェアを占めました。インドや中国のような国々の金や他の貴金属に対する文化的親和性は歴史的に強く、一貫した需要を牽引してきました。この地域の経済成長は、可処分所得を増加させる急成長する中産階級に拍車をかけ、価値の貯蔵とインフレヘッジとしての貴金属への投資をさらに後押ししています。さらに、特にエレクトロニクスと宝飾品の製造拠点としてのこの地域の役割は、金、銀、プラチナのような金属に対する持続的な需要に寄与しています。アジア太平洋地域からのこの旺盛な需要は、世界価格に波及効果を及ぼし、市場力学を増幅させ、投資家の注目を集め、その結果、世界中の貴金属の流動性と市場の厚みを高めています。

CAGRが最も高い地域:

アジア太平洋地域は、推定期間中有益な成長を維持すると予測されます。アジア太平洋地域の政府規制は、透明性、安定性、投資家保護を保証する枠組みを提供することによって、貴金属市場の強化に極めて重要な役割を果たしています。これらの規制は、ディーラーのライセンシング要件、純度・真正性検証の基準、地域全体の違法取引行為撲滅策など、様々な側面を包含しています。各国政府は厳格な規制を実施することで、投資家の信頼と信用を醸成し、市場参入企業を増やしています。さらに、偽造や密輸を抑制することを目的とした地域の規制は、貴金属市場の完全性を強化し、より安全で魅力的な投資手段となっています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます:

  • 企業プロファイル
    • 追加市場プレーヤーの包括的プロファイリング(3社まで)
    • 主要企業のSWOT分析(3社まで)
  • 地域セグメンテーション
    • 顧客の関心に応じた主要国の市場推計・予測・CAGR(注:フィージビリティチェックによる)
  • 競合ベンチマーキング
    • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査情報源
    • 1次調査情報源
    • 2次調査情報源
    • 前提条件

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • 製品分析
  • 用途分析
  • エンドユーザー分析
  • 新興市場
  • COVID-19の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界の貴金属市場:製品別

  • 白金族金属
  • その他の製品

第6章 世界の貴金属市場:用途別

  • 産業
  • ジュエリー
  • 投資
  • 歯科
  • その他の用途

第7章 世界の貴金属市場:エンドユーザー別

  • 石油ガス
  • 航空宇宙
  • 自動車
  • 医療
  • エレクトロニクス
  • 化学薬品
  • その他のエンドユーザー

第8章 世界の貴金属市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋地域
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東・アフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東とアフリカ

第9章 主な発展

  • 契約、パートナーシップ、コラボレーション、合弁事業
  • 買収と合併
  • 新製品発売
  • 事業拡大
  • その他の主要戦略

第10章 企業プロファイリング

  • Anglo American Platinum Limited
  • AngloGold Ashanti Limited
  • Barrick Gold
  • Freeport-McMoRan
  • Gold Fields Limited
  • Impala Platinum Holdings Limited
  • Kinross Gold Corporation
  • Newcrest Mining Limited
  • Newmont Corporation
  • Randgold & Exploration Company Limited
図表

List of Tables

  • Table 1 Global Precious Metal Market Outlook, By Region (2021-2030) ($MN)
  • Table 2 Global Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 3 Global Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 4 Global Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 5 Global Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 6 Global Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 7 Global Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 8 Global Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 9 Global Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 10 Global Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 11 Global Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 12 Global Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 13 Global Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 14 Global Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 15 Global Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 16 Global Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 17 Global Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 18 Global Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 19 Global Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 20 Global Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
  • Table 21 North America Precious Metal Market Outlook, By Country (2021-2030) ($MN)
  • Table 22 North America Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 23 North America Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 24 North America Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 25 North America Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 26 North America Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 27 North America Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 28 North America Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 29 North America Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 30 North America Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 31 North America Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 32 North America Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 33 North America Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 34 North America Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 35 North America Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 36 North America Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 37 North America Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 38 North America Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 39 North America Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 40 North America Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
  • Table 41 Europe Precious Metal Market Outlook, By Country (2021-2030) ($MN)
  • Table 42 Europe Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 43 Europe Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 44 Europe Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 45 Europe Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 46 Europe Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 47 Europe Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 48 Europe Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 49 Europe Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 50 Europe Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 51 Europe Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 52 Europe Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 53 Europe Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 54 Europe Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 55 Europe Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 56 Europe Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 57 Europe Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 58 Europe Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 59 Europe Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 60 Europe Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
  • Table 61 Asia Pacific Precious Metal Market Outlook, By Country (2021-2030) ($MN)
  • Table 62 Asia Pacific Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 63 Asia Pacific Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 64 Asia Pacific Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 65 Asia Pacific Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 66 Asia Pacific Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 67 Asia Pacific Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 68 Asia Pacific Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 69 Asia Pacific Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 70 Asia Pacific Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 71 Asia Pacific Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 72 Asia Pacific Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 73 Asia Pacific Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 74 Asia Pacific Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 75 Asia Pacific Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 76 Asia Pacific Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 77 Asia Pacific Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 78 Asia Pacific Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 79 Asia Pacific Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 80 Asia Pacific Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
  • Table 81 South America Precious Metal Market Outlook, By Country (2021-2030) ($MN)
  • Table 82 South America Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 83 South America Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 84 South America Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 85 South America Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 86 South America Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 87 South America Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 88 South America Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 89 South America Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 90 South America Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 91 South America Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 92 South America Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 93 South America Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 94 South America Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 95 South America Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 96 South America Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 97 South America Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 98 South America Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 99 South America Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 100 South America Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
  • Table 101 Middle East & Africa Precious Metal Market Outlook, By Country (2021-2030) ($MN)
  • Table 102 Middle East & Africa Precious Metal Market Outlook, By Product (2021-2030) ($MN)
  • Table 103 Middle East & Africa Precious Metal Market Outlook, By Silver (2021-2030) ($MN)
  • Table 104 Middle East & Africa Precious Metal Market Outlook, By Gold (2021-2030) ($MN)
  • Table 105 Middle East & Africa Precious Metal Market Outlook, By Platinum Group Metals (2021-2030) ($MN)
  • Table 106 Middle East & Africa Precious Metal Market Outlook, By Other Products (2021-2030) ($MN)
  • Table 107 Middle East & Africa Precious Metal Market Outlook, By Application (2021-2030) ($MN)
  • Table 108 Middle East & Africa Precious Metal Market Outlook, By Industrial (2021-2030) ($MN)
  • Table 109 Middle East & Africa Precious Metal Market Outlook, By Jewelry (2021-2030) ($MN)
  • Table 110 Middle East & Africa Precious Metal Market Outlook, By Investment (2021-2030) ($MN)
  • Table 111 Middle East & Africa Precious Metal Market Outlook, By Dentistry (2021-2030) ($MN)
  • Table 112 Middle East & Africa Precious Metal Market Outlook, By Other Applications (2021-2030) ($MN)
  • Table 113 Middle East & Africa Precious Metal Market Outlook, By End User (2021-2030) ($MN)
  • Table 114 Middle East & Africa Precious Metal Market Outlook, By Oil & Gas (2021-2030) ($MN)
  • Table 115 Middle East & Africa Precious Metal Market Outlook, By Aerospace (2021-2030) ($MN)
  • Table 116 Middle East & Africa Precious Metal Market Outlook, By Automotive (2021-2030) ($MN)
  • Table 117 Middle East & Africa Precious Metal Market Outlook, By Medical (2021-2030) ($MN)
  • Table 118 Middle East & Africa Precious Metal Market Outlook, By Electronics (2021-2030) ($MN)
  • Table 119 Middle East & Africa Precious Metal Market Outlook, By Chemicals (2021-2030) ($MN)
  • Table 120 Middle East & Africa Precious Metal Market Outlook, By Other End Users (2021-2030) ($MN)
目次
Product Code: SMRC25913

According to Stratistics MRC, the Global Precious Metal Market is accounted for $263.5 billion in 2023 and is expected to reach $487.9 billion by 2030 growing at a CAGR of 9.2% during the forecast period. It operates through various channels including commodity exchanges, over-the-counter markets, and physical bullion dealers. The demand for precious metals is influenced by various factors such as economic stability, geopolitical tensions, inflation, and currency fluctuations. Investors often turn to precious metals as a hedge against inflation and economic uncertainty, as they are perceived as stores of value. Additionally, precious metals have intrinsic value due to their rarity, durability, and industrial applications.

According to the United States Geological Survey, Mexico's silver production was 6,300 metric tons, followed by Peru at 3,100 metric tons as of December 2022.

Market Dynamics:

Driver:

Consistent growth of the industrial sector

Industrial expansion drives increased demand for precious metals like gold, silver, and platinum due to their indispensable usage in various industrial applications, including electronics, automotive manufacturing, and renewable energy technologies. As industries flourish, so does the need for these metals, creating a steady and often growing market demand. Moreover, industrial growth signals economic prosperity, which tends to bolster investor confidence in precious metals as safe-haven assets, further driving up their prices.

Restraint:

Currency fluctuations

Currency fluctuations impact the precious metal market by creating uncertainty and volatility. For instance, if the value of the US dollar strengthens against other currencies, the price of gold, which is denominated in dollars, tends to decrease as it becomes more expensive for holders of other currencies. Conversely, if the dollar weakens, gold prices may rise as it becomes relatively cheaper for investors holding other currencies. These fluctuations can deter investors from committing to the precious metal market, as they seek stability in their investments. Moreover, currency fluctuations also influence the cost of production and distribution of precious metals, further impacting their market dynamics.

Opportunity:

Inflation and deflation expectations

When investors anticipate inflation, they seek to hedge against the diminishing value of fiat currency by turning to precious metals like gold, silver, and platinum, which have historically retained their worth over time. These metals are seen as stores of value that can preserve wealth during periods of currency devaluation. Conversely, during deflationary periods, where the value of currency rises and prices fall, investors may still turn to precious metals as a safe haven due to their perceived stability. Thus, fluctuations in inflation and deflation expectations can drive demand for precious metals, influencing their prices.

Threat:

Geopolitical risks

While geopolitical tensions historically drive demand for safe-haven assets like gold and silver, they also introduce uncertainties that can constrain market movements. Heightened geopolitical tensions, such as conflicts, trade wars, or political instability, can trigger increased demand for precious metals as investors seek to hedge against volatility and preserve wealth. However, the same tensions can also lead to economic disruptions, affecting industrial demand for metals like silver and platinum. However, geopolitical events may impact currency values and interest rates, which in turn influence precious metal prices.

Covid-19 Impact:

Initially, the pandemic sparked a surge in demand for safe-haven assets like gold and silver, as investors sought refuge from volatile stock markets and economic uncertainty. This led to a rapid increase in precious metal prices, driven by heightened concerns over the pandemic's economic fallout and its potential to disrupt global supply chains. However, as governments worldwide implemented stimulus measures and central banks slashed interest rates to mitigate the crisis's economic impact, the value of precious metals experienced fluctuations. However, pandemic-induced disruptions in mining operations and logistical challenges further contributed to market volatility.

The Jewelry segment is expected to be the largest during the forecast period

Jewelry segment is expected to be the largest during the forecast period as the intrinsic value and aesthetic appeal of these metals make them sought-after materials for crafting adornments. Jewelry acts as a store of value and a symbol of wealth across cultures, further bolstering demand. Additionally, innovative designs and evolving consumer preferences continually spur market growth by introducing new trends and styles. The global nature of the jewelry market ensures a steady and diverse demand for precious metals, contributing to market stability.

The Chemicals segment is expected to have the highest CAGR during the forecast period

Chemicals segment is expected to have the highest CAGR during the forecast period. Chemicals are essential in the extraction of precious metals from ores and electronic waste through techniques like leaching and solvent extraction. In refining, chemicals are used to purify precious metals to high levels of purity, meeting industry standards. Additionally, chemicals are crucial in fabricating precious metal products, such as jewelry and electronic components, by providing solutions for alloying, plating, and surface treatment processes. Advancements in chemical technologies contribute to improving efficiency, reducing environmental impacts, and discovering new applications for precious metals, thereby stimulating market growth and diversification.

Region with largest share:

Asia Pacific region commanded the largest market share over the extrapolated period. The cultural affinity towards gold and other precious metals in countries like India and China has historically been strong, driving consistent demand. Economic growth in the region has fueled a burgeoning middle class with increased disposable income, further boosting investment in precious metals as a store of value and hedge against inflation. Moreover, the region's role as a manufacturing hub, particularly in electronics and jewelry, contributes to sustained demand for metals like gold, silver, and platinum. This robust demand from the Asia Pacific region has a ripple effect on global prices, amplifying market dynamics and attracting greater investor attention, thus enhancing liquidity and market depth for precious metals worldwide.

Region with highest CAGR:

Asia Pacific region is projected to hold profitable growth during the estimated period. Government regulations in the Asia Pacific region are playing a pivotal role in enhancing the precious metal market by providing a framework that ensures transparency, stability, and investor protection. These regulations encompass various aspects such as licensing requirements for dealers, standards for purity and authenticity verification, and measures to combat illegal trading activities across the region. By enforcing stringent regulations, governments are fostering trust and confidence among investors, thereby attracting more participants to the market. Moreover, regulations in the region aimed at curbing counterfeiting and smuggling bolster the integrity of the precious metal market, making it a safer and more attractive investment avenue.

Key players in the market

Some of the key players in Precious Metal market include Anglo American Platinum Limited, AngloGold Ashanti Limited, Barrick Gold, Freeport-McMoRan, Gold Fields Limited, Impala Platinum Holdings Limited, Kinross Gold Corporation, Newcrest Mining Limited, Newmont Corporation and Randgold & Exploration Company Limited.

Key Developments:

In July 2023, Barrick Gold disclosed the extension of the mine life for its Tongon gold project in Cote d'Ivoire. This decision comes as a result of the ongoing positive outcomes from gold exploration activities within the Nielle mining permit area.

In July 2023, K92 Mining Inc. announced the resumption of underground mining operations at the Kainantu Gold Mine in Papua New Guinea. The restart was conducted by a comprehensive restart plan prioritizing safety, following a tragic incident involving an underground vehicle. Notably, the impact on surface activities has been minimal, and surface stockpiles have undergone processing in the designated plant.

In June 2023, AnglogoldAshanti introduced a pioneering renewable energy initiative at the Tropicana Gold Mine, signifying a notable achievement in its commitment to carbon emissions reduction. In collaboration with Pacific Energy, AngloGold Ashanti Australia Ltd, is undertaking the construction and operation of an extensive 62MW solar and wind production capacity at the mine. This partnership aims to integrate renewable energy sources into the mine's power supply infrastructure, thereby reducing reliance on gas consumption.

Products Covered:

  • Silver
  • Gold
  • Platinum Group Metals
  • Other Products

Applications Covered:

  • Industrial
  • Jewelry
  • Investment
  • Dentistry
  • Other Applications

End Users Covered:

  • Oil & Gas
  • Aerospace
  • Automotive
  • Medical
  • Electronics
  • Chemicals
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Product Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 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 Silver
  • 5.3 Gold
  • 5.4 Platinum Group Metals
  • 5.5 Other Products

6 Global Precious Metal Market, By Application

  • 6.1 Introduction
  • 6.2 Industrial
  • 6.3 Jewelry
  • 6.4 Investment
  • 6.5 Dentistry
  • 6.6 Other Applications

7 Global Precious Metal Market, By End User

  • 7.1 Introduction
  • 7.2 Oil & Gas
  • 7.3 Aerospace
  • 7.4 Automotive
  • 7.5 Medical
  • 7.6 Electronics
  • 7.7 Chemicals
  • 7.8 Other End Users

8 Global Precious Metal Market, By Geography

  • 8.1 Introduction
  • 8.2 North America
    • 8.2.1 US
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 UK
    • 8.3.3 Italy
    • 8.3.4 France
    • 8.3.5 Spain
    • 8.3.6 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 Japan
    • 8.4.2 China
    • 8.4.3 India
    • 8.4.4 Australia
    • 8.4.5 New Zealand
    • 8.4.6 South Korea
    • 8.4.7 Rest of Asia Pacific
  • 8.5 South America
    • 8.5.1 Argentina
    • 8.5.2 Brazil
    • 8.5.3 Chile
    • 8.5.4 Rest of South America
  • 8.6 Middle East & Africa
    • 8.6.1 Saudi Arabia
    • 8.6.2 UAE
    • 8.6.3 Qatar
    • 8.6.4 South Africa
    • 8.6.5 Rest of Middle East & Africa

9 Key Developments

  • 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 9.2 Acquisitions & Mergers
  • 9.3 New Product Launch
  • 9.4 Expansions
  • 9.5 Other Key Strategies

10 Company Profiling

  • 10.1 Anglo American Platinum Limited
  • 10.2 AngloGold Ashanti Limited
  • 10.3 Barrick Gold
  • 10.4 Freeport-McMoRan
  • 10.5 Gold Fields Limited
  • 10.6 Impala Platinum Holdings Limited
  • 10.7 Kinross Gold Corporation
  • 10.8 Newcrest Mining Limited
  • 10.9 Newmont Corporation
  • 10.10 Randgold & Exploration Company Limited