Precious Metals Market: Impact of Existing and Emerging Market 2015 - 2021
Request for Sample Report: http://www.persistencemarketresearch.com/samples/4343
Precious metals such as gold are widely used for investment purposes and jewellery owing to their aesthetics. It is usually sold in stock exchange markets associated with falling share prices attributed to its escalating high prices. Recent war events and rebellions in the Middle-Eastern countries such as Syria, Egypt, Libya has led to significant increase in investments in bullion (gold bars). This has resulted in overselling of gold which in turn has increased the gold prices worldwide. Global supply of gold is a combination of scrap recovery, central-bank supply and mined gold, out of which more than half of the supply comes from mined gold. Asia Pacific serves as the major producer as well as consumer of gold with significant consumption in South East Asian countries such as China and India. Moreover, high growth in these emerging economies coupled rising disposable incomes of the individuals is the major driver for the precious metals market.
Platinum group metals such as palladium is majorly consumed in the automotive industry as catalytic converters, manufacturing of electronics and jewelry, as well as chemical and dental applications. Palladium is sourced from two major sources: mine production and recycling. The global market for palladium is likely to experience significant growth with declining demand for metals and increasing demand for recycling metals, leading to palladium demand outstripping the supply. In addition, changing prospects of investments in palladium have also contributed to the growth of the market. Several new palladium exchange-traded funds by companies such as Absa Capital in South America are expected to create a significant boost for the palladium market.
Increasing prices for coinage precious metals such as gold are anticipated to be one of the major factors driving the market as more and more consumers are purchasing gold as a mean of long terms investments. In addition, growing demand for palladium in catalytic converters in the automotive industry in vehicles exhausts are also expected to contribute towards the growth of the market. Demand for precious metals from other sectors such as jewelry and industrial are also anticipated to drive the growth of the market. However, technical issues and diminishing ore grades of these metals are expected to hamper the growth of the market. Future market growth is expected to be from Asia Pacific with the growing industrial activities in emerging economies such as India and China. These factors are expected to provide new opportunities for the growth of the precious metalsmarket.
Request for Table of content: http://www.persistencemarketresearch.com/toc/4343
Barrick Gold, First Quantum Minerals, Goldcorp Freeport McMoRan Copper & Gold Inc., Gold Fields Limited, Goldcorp Inc., Gabriel Resources Limited, Lundin Mining, GlencoreXstrata,North American Palladium Ltd, Harmony Gold Mining Company Limited are some of the key manufacturers of precious metals present in the market.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Precious Metals Market: Impact of Existing and Emerging Market 2015 - 2021 here
News-ID: 381388 • Views: 718
More Releases from Persistence Market Research Pvt. Ltd
Global HPMC Capsules Market is expected to reach a Valuation of US$ 554.5 Mn Ove …
HPMC capsules are strictly non-toxic and qualify to be Kosher and Halal-certified, which is why their popularity has grown in several parts of the world. Moreover, these capsules can significantly boost the body metabolism by improving absorption and digestion of protein, fat and carbohydrates. HPMC capsules find their application in the preparation of non-animal based medicines and cosmetics & nutraceuticals products. Persistence Market Research (PMR) recently conducted a study
Vacuum Tissue Processor Technology Most Favored in the Global Tissue Processing …
Persistence Market Research has come up with a fact based analytical research study describing various aspects of the tissue processing systems market across the globe. The analysis on tissue processing systems has been systematically drafted in a new research publication titled “Tissue Processing Systems Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. This comprehensive research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting revenue growth of
Endodontics Market Is Projected To Grow At A Moderate CAGR During The Period Of …
Endodontics is associated with the dentistry segment. It involves several therapies to protect the human teeth from infections and injuries caused to the dental pulp. Generally, it is concerned with morphology, pathology as well as physiology of dental pulp and the periradicular tissues. Endodontics is important during carrying out root canal procedure in order to reduce the inflammation and to end infection. Modernization has touched the field of endodontics as
Global Home Infusion Therapy Devices Market Driven by Growing Incidence of Pain, …
According to the latest market report published by Persistence Market Research titled ‘Home Infusion Therapy Devices Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),’ the global Home Infusion Therapy Devices market is expected to expand at a CAGR of 6.8% during the forecast period 2017–2025. Persistence Market Research delivers key insights and presents a revised forecast of the global Home Infusion Therapy Devices market for an eight year period from
More Releases for Precious
Global Precious Metal Products Market Overview Report by 2020-2025
Global Info Research offers a latest published report on Precious Metal Products Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Precious Metal Products Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report TOC,
Precious metal destroys cancer cells
University of Warwick researchers developed an organo-metal compound coded as FY26 to infiltrate cancer cells and activate cellular mitochondria to destroy cancer cells. To date, FY26 has been tested in ovarian cancer cells and has been deemed 50 times more effective and cheaper than other chemotherapy drugs. Can a newly discovered metallic compound vastly improve the treatment of ovarian cancer? For more information, please visit our newsroom section here: https://goo.gl/RyttKs Spire Research and Consulting
Global Precious Metal Refining Services Market SWOT Analysis 2025
Qyresearchreports include new market research report "Global Precious Metal Refining Services Market Size, Status and Forecast 2025" to its huge collection of research reports. The report on the global Precious Metal Refining Services market offers a critical and elaborate assessment of key factors and trends influencing the growth dynamics. The key market dynamics has witnessed several paradigmatic changes in recent decades, a careful researched account of which is covered in the
Duplication Media Helps Keep Precious Memories Safe
Duplication Media, a video duplication and transfer service company in Urbandale, Iowa, has been preserving customers' precious memories since 2003. Jason Olson, the owner of Duplication Media, takes pride in helping people preserve their most precious memories. Having been in the industry for more than 22 years, he understands how important old audio and video recordings can be to his customers. Natural disasters have been occurring a lot recently, and many
World: Cultured Pearls, Precious Or Semi-Precious Stones - Market Report. Analys …
IndexBox has just published a new report "World: Cultured Pearls, Precious Or Semi-Precious Stones - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-cultured-pearls-precious-or-semi-precious-stones-market-report-analysis-and-forecast-to-2020?utm_source=opr ). This report has been designed to provide an in-depth of the global pearl market. It covers the most recent data sets of quantitative medium-term projections, as well as developments in production, trade, consumption and prices. The report also outlines a comparative analysis of the leading
Global Precious Metals Market Snapshot by 2021
Precious metals are naturally occurring rare metallic elements having significant economic value. They have high luster, usually ductile which tend to be less reactive than most elements. Precious metals are primarily regarded as investments and industrial commodities. Platinum group metals and gold are some of the most prominent precious metals present in the industry. While the coinage metals, silver and gold are consumed in industrial applications, they are better known