Global Precious Metals Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Precious Metals Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Gold occupies a large share of the market. Platinum group metals are listed as strategic materials by many countries.

The consumer sector occupies most of the product application market.

Precious metals have dual attributes of commodities and finance. The demand for precious metals is mainly divided into two categories: commodity manufacturing consumption and market investment demand. The currency attributes of precious metals led by gold are becoming more prominent. In addition, the application of precious metals in high-tech fields such as communication equipment and aerospace has become an important growth point for precious metals.

Currently, major global manufacturers include: Newmont Corporation, Barrick, Norilsk Nickel, Anglo-American Platinum, etc. It is expected that industry competition will become more intense in the next few years.

According to our (Global Info Research) latest study, the global Precious Metals market size was valued at US$ 259780 million in 2023 and is forecast to a readjusted size of USD 306980 million by 2030 with a CAGR of 2.4% during review period.

From a regional perspective, the Chinese market has changed rapidly in the past few years. In terms of product type and technology, gold occupies a large share of the market. Platinum group metals are listed as strategic materials by many countries. They are the key raw materials for modern industry and high technology, and have storage value like gold and silver. With the development of economy and high technology, there has been a rapid increase in world demand. In terms of product market application, the consumer sector occupies most of the product application market.

Precious metals have dual attributes of commodities and finance. The demand for precious metals is mainly divided into two categories: commodity manufacturing consumption and market investment demand. With the development of the global precious metal market, market functions are becoming more and more diversified, and the variety of precious metal investment is increasing. The composition of precious metal investment demand is more complex. Countries have formed multiple levels of precious metal processing and manufacturing, wholesale and retail, lease financing, asset allocation, investment and trade, etc. , Multi-form and multi-functional market demand system. With the increasing uncertainty of the world economy, the monetary attributes of precious metals led by gold have become more and more prominent. Gold is the only time-tested, irreplaceable, global strategic asset and the cornerstone of the financial reserve system of various countries. It plays an irreplaceable role in national financial stability and economic security. In addition, the application of precious metals in high-tech fields such as communication equipment and aerospace has become an important growth point for precious metals.

Currently, major global manufacturers include: Newmont Corporation, Barrick, Norilsk Nickel, Anglo-American Platinum, etc. It is expected that industry competition will become more intense in the next few years.

This report is a detailed and comprehensive analysis for global Precious Metals market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Precious Metals market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030

Global Precious Metals market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030

Global Precious Metals market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030

Global Precious Metals market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Precious Metals

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Precious Metals market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Newmont Corporation, Barrick, Nornickel, AngloAmerica, Sibanye Gold Limited, AngloGold Ashanti Limited, Polyus Gold International, China National Gold Group Co.,Ltd., Kinross Gold Corporation, Newcrest Mining Limited, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Precious Metals market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Gold
Silver Metal
Platinum Group Metals

Market segment by Application
Industry
Consumer Sector
Financial Sector

Major players covered
Newmont Corporation
Barrick
Nornickel
AngloAmerica
Sibanye Gold Limited
AngloGold Ashanti Limited
Polyus Gold International
China National Gold Group Co.,Ltd.
Kinross Gold Corporation
Newcrest Mining Limited
Gold Fields Limited
Agnico Eagle Mines Ltd
Polymetal International Plc
Fresnillo plc
Shangdong gold group Co.,Ltd.

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Precious Metals product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Precious Metals, with price, sales quantity, revenue, and global market share of Precious Metals from 2019 to 2024.

Chapter 3, the Precious Metals competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Precious Metals breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Precious Metals market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Precious Metals.

Chapter 14 and 15, to describe Precious Metals sales channel, distributors, customers, research findings and conclusion.