Global Precious Metals Market Size, Shares, Trends, Opportunities and Forecast 2015-2019

Albany, NY, Oct 25: The global precious metals market is expected to grow at a rapid pace during the forecast period, driven by increased sales of jewelry, consumer electronics, and automobiles. India dominated the market in 2014, followed by China and the US because the combined seasonal demand and strengthening currency could augment the demand for the precious metal.

The global precious metals market to grow at a CAGR of 4.01% during the period 2015-2019. The report covers the present scenario and the growth prospects of the global precious metals market for 2014-2019. To calculate the market size, the report considers revenue generated from the sales of precious metals in various industries and for experimental and laboratory use. The report considers the total quantity of precious metals utilized in various end-use sectors to calculate the market size.

The market is divided into the following segments based on metal type:
- Gold
- Silver
- Palladium
- Platinum

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Technavio's report, Global Precious Metals Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Anglo American
- Barrick Gold
- Impala
- Johnson Matthey
- Lonmin
- Newmont Mining

Other prominent vendors
- Aquarius Platinum
- BHP Billiton PLC
- Goldcorp
- KGHM Polska Mied
- Norilsk Nickel
- Northam Platinum
- North American Palladium
- Stillwater Mining Company

Market driver
- Increase in demand for platinum in industries
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.