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Precious Metals Market Industry Overview, Growth Rate and Forecast 2023-2028

The global precious metals market size reached US$ 198.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 267.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.49% during 2023-2028.<br><br>More info: https://www.imarcgroup.com/precious-metals-market

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Precious Metals Market Industry Overview, Growth Rate and Forecast 2023-2028

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  1. Global Precious Metals Market Research and Forecast Report 2023- 2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

  2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

  3. Report Description and Highlights Report Description Global Precious Metals Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "Precious Metals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global precious metals market reached a value of US$ 198.5 Billion in 2022. Precious metals include various naturally occurring metallic chemical elements that are rare and of high economic value. Since they generally exhibit high luster and tensile properties with good resistance to corrosion, they are now regarded as industrial and investment items. Besides this, they are considered to be a good portfolio hedge and diversifier against inflation that enables unique opportunities. The continuous improvements in the e-commerce infrastructure and the advent of online delivery models are providing a boost to the market growth. Request for a PDF sample of this report: market/requestsample https://www.imarcgroup.com/precious-metals-

  4. Report Description and Highlights Report Description Global Precious Metals Market Trends: The global market is primarily driven by the shifting lifestyle preferences of the masses, supported by the inflating disposable income levels of individuals. Due to the aesthetic appearances and significant market value of precious metals, they are widely utilized in the manufacturing of art and jewelry. Moreover, the widespread adoption of gold in the designing of picture frames and furniture items is creating a positive market outlook. Along with this, the rising utilization of gold in the fabrication of memory chips and microprocessors integrated in smartphones and laptops are acting as other major growth-inducing factors. Besides this, the increasing adoption of platinum in the manufacturing of dentistry and laboratory equipment is further catalyzing their demand. Additionally, precious metals are extensively utilized in the production of engine control units (ECUs), fuel injector, sensors and exhaust emission control catalyst equipped in automobiles, which, in turn, is driving the market growth. Other factors, including the growing awareness regarding early investments in gold, especially among young adults, the rising mining activities, and extensive research and development activities (R&D) conducted by key players, are also positively influencing the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 267.5 Billion by 2028, exhibiting a CAGR of 5.49% during 2023-2028. View Report TOC, Figures and Tables: https://www.imarcgroup.com/precious-metals-market

  5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Metal Type: • Gold o Jewelry o Investment o Technology o Others • Platinum o Auto-catalyst o Jewelry o Chemical o Petroleum o Medical o Others

  6. Report Description and Highlights Report Description • Silver o Industrial Application o Jewelry o Coins and Bars o Silverware o Others • Palladium o Auto-catalyst o Electrical o Dental o Chemical o Jewelry o Others • Others Breakup by Application: • Jewelry • Investment • Electricals • Automotive • Chemicals

  7. Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Latin America • Middle East and Africa Competitive Landscape with Key Players: • 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 • Pan American Silver Corporation

  8. Key Questions Answered in the Report Report Description 1. What was the size of the global precious metals market in 2022? 2. What is the expected growth rate of the global precious metals market during 2023-2028? 3. What are the key factors driving the global precious metals market? 4. What has been the impact of COVID-19 on the global precious metals market? 5. What is the breakup of the global precious metals market based on the metal type? 6. What is the breakup of the global precious metals market based on the application? 7. What are the key regions in the global precious metals market? 8. Who are the key players/companies in the global precious metals market?

  9. Report DescriptionTable of Contents 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

  10. Report DescriptionTable of Contents 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 Silver 6.2.1 Market Trends 6.2.2 Market Breakup by End Use 6.2.3 Market Forecast 6.3 Platinum 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 Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/precious-metals-market/toc

  11. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

  12. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

  13. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

  14. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com

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