Precious Metals Market

Market Overview

The global precious metals market exhibited moderate growth during 2014-2019. Precious metals are naturally occurring elements that are characterized by their high luster. These metals are rare, hard, less reactive and have high economic value compared to base metals. They are also ductile, malleable, resistant to corrosion and good conductors of heat and energy. As a result, they find applications in the manufacturing of jewelry, consumer electronics, automobiles, chemicals and medical equipment across the globe. Precious metals, such as gold, silver, platinum and palladium, are also used as valuable assets for investment purposes.

The market is experiencing growth on account of changing lifestyles and inflating disposable incomes of individuals. Apart from this, due to the rising environmental concerns, leading market players in different industry verticals are investing in the recycling of precious metals that can further be utilized for manufacturing heart pacemakers and artificial cochlea. Moreover, governments of various countries are implementing stringent emission regulations, which, in turn, is contributing to the market growth, as these metals are used for purifying exhaust gases in automobiles. However, on account of the rising cases of the coronavirus disease (COVID-19), governments of various countries have announced complete lockdowns as a preventive measure to combat the pandemic. This has disrupted supply chains and halted operations of several manufacturing units, which, in turn, have led to inventory shortages. On the other hand, the investments in precious metals have increased as a means to survive the rapidly changing market conditions. Looking forward, IMARC Group expects the global precious metals market to exhibit moderate growth during the next five years.

Key Market Segmentation 

Breakup by Metal Type:

• Gold
  • Jewelry
  • Investment
  • Technology
  • Others
• Platinum
  • Auto-catalyst
  • Jewelry
  • Chemical
  • Petroleum
  • Medical
  • Others
• Silver
  • Industrial Application
  • Jewelry
  • Coins and Bars
  • Silverware
  • Others
• Palladium
  • Auto-catalyst
  • Electrical
  • Dental
  • Chemical
  • Jewelry
  • Others
• Others
   

Breakup by Application:

• Automotive
• Electronics
• Jewellery
• Chemicals
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Anglo American Platinum Limited (Anglo American PLC), Barrick Gold Corporation, First Majestic Silver Corp., First Quantum Minerals Ltd., Freeport-Mcmoran Inc., Fresnillo Plc (Peñoles Group), Gabriel Resources Ltd., Glencore International AG, Gold Fields Limited, Harmony Gold, Impala Platinum Holdings Limited, Lundin Mining Corporation and Pan American Silver Corporation.

Key Questions Answered in This Report:

• How has the global precious metals market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global precious metals market?
• What are the key regional markets?
• What is the breakup of the market based on the metal type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global precious metals market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Precious Metals Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Metal Type
    6.1    Gold
        6.1.1 Market Trends
        6.1.2 Market Breakup by End Use
        6.1.3 Market Forecast
    6.2    Platinum
        6.2.1 Market Trends
        6.2.2 Market Breakup by End Use
        6.2.3 Market Forecast
    6.3    Silver
        6.3.1 Market Trends
        6.3.2 Market Breakup by End Use
        6.3.3 Market Forecast
    6.4    Palladium
        6.4.1 1Market Trends
        6.4.2 Market Breakup by End Use
        6.4.3 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Breakup by End Use
        6.5.3 Market Forecast
7    Market Breakup by Application
    7.1    Automotive
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Electronics
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Jewellery
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Chemicals
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis
    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Anglo American Platinum Limited (Anglo American PLC)
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
           13.3.1.3 Financials 
           13.3.1.4 SWOT Analysis
        13.3.2    Barrick Gold Corporation
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials 
           13.3.2.4 SWOT Analysis 
        13.3.3    First Majestic Silver Corp.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
           13.3.3.3 Financials
        13.3.4    First Quantum Minerals Ltd.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
           13.3.4.3 Financials 
           13.3.4.4 SWOT Analysis
        13.3.5    Freeport-Mcmoran Inc.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
           13.3.5.3 Financials 
           13.3.5.4 SWOT Analysis
        13.3.6    Fresnillo plc (Peñoles Group)
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio 
           13.3.6.3 Financials 
        13.3.7    Gabriel Resources Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials 
        13.3.8    Glencore International AG
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
           13.3.8.3 Financials 
           13.3.8.4 SWOT Analysis
        13.3.9    Gold Fields Limited
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials 
        13.3.10    Harmony Gold
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio 
           13.3.10.3 Financials 
        13.3.11    Impala Platinum Holdings Limited
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio 
           13.3.11.3 Financials 
        13.3.12    Lundin Mining Corporation
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio 
           13.3.12.3 Financials 
           13.3.12.4 SWOT Analysis
        13.3.13    Pan American Silver Corporation
           13.3.13.1 Company Overview
           13.3.13.2 Product Portfolio 
           13.3.13.3 Financials 
           13.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Precious Metals Market: Major Drivers and Challenges
Figure 2: Global: Precious Metals Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Precious Metals Market: Breakup by Metal Type (in %), 2019
Figure 4: Global: Precious Metals Market: Breakup by Application (in %), 2019    
Figure 5: Global: Precious Metals Market: Breakup by Region (in %), 2019
Figure 6: Global: Precious Metals Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: Global: Precious Metals (Gold) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: Global: Precious Metals (Gold) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: Global: Precious Metals (Platinum) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Precious Metals (Platinum) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Precious Metals (Silver) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Precious Metals (Silver) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Precious Metals (Palladium) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Precious Metals (Palladium) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Precious Metals (Other Metal Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Precious Metals (Other Metal Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Precious Metals (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Precious Metals (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Precious Metals (Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Precious Metals (Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Precious Metals (Jewellery) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Precious Metals (Jewellery) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Precious Metals (Chemicals) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Precious Metals (Chemicals) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Precious Metals (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Precious Metals (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: North America: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: North America: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: United States: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: United States: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Canada: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Canada: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Asia Pacific: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Asia Pacific: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: China: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: China: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Japan: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Japan: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: India: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: India: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: South Korea: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: South Korea: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Australia: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Australia: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Indonesia: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Indonesia: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Others: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: Others: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Europe: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Europe: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Germany: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Germany: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: France: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: France: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: United Kingdom: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: United Kingdom: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Italy: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Italy: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Spain: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Spain: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Russia: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Russia: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Others: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Others: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Latin America: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Latin America: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Brazil: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Brazil: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Mexico: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Mexico: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Others: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Others: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Middle East and Africa: Precious Metals Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Middle East and Africa: Precious Metals Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Global: Precious Metals Industry: SWOT Analysis
Figure 76: Global: Precious Metals Industry: Value Chain Analysis
Figure 77: Global: Precious Metals Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Precious Metals Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Precious Metals Market Forecast: Breakup by Metal Type (in Million US$), 2020-2025
Table 3: Global: Precious Metals Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: Global: Precious Metals Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: Global: Precious Metals Market Structure
Table 6: Global: Precious Metals Market: Key Players