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The latest market intelligence report, titled ‘Global Precious and Base Metals Market ’, is intended to provide the target audience with the necessary information about the global Precious and Base Metals Market industry. The report comprises a detailed analysis of the vital elements of the Precious and Base Metals Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
The global precious and base metals market size reached USD 722.40 Billion in 2021 and is expected to register a revenue CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research. Rapid advancements in manufacturing technologies as well as increasing demand for high-performance base and precious metals from jewelry companies are major factors driving the market revenue growth
Key participants include
Alcoa Corporation, Anglo American, BHP, Antofagasta plc, Freeport-McMoRan, First Quantum Minerals Ltd., Glencore, Lundin Mining Corporation, Rio Tinto, and Teck Resources Limited.
Request Free Sample @ https://www.emergenresearch.com/request-sample/1527
Drivers:
Several factors drive the demand for precious and base metals. Economic growth and industrialization stimulate demand for base metals such as copper, aluminum, and nickel, which are essential raw materials in manufacturing, construction, and infrastructure projects. Additionally, the increasing adoption of renewable energy technologies, electric vehicles, and electronic devices drives demand for metals like lithium, cobalt, and rare earth elements, which are critical components in batteries and electronics. Moreover, precious metals like gold and silver serve as safe-haven assets during times of economic uncertainty and inflation, attracting investment and driving demand for physical and paper-based precious metal products.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Precious and Base Metals Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Precious and Base Metals Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
· Base Metal Outlook (Revenue, USD Billion; 2019-2030)
- Copper
- Lead
- Aluminum
- Others
· Precious Metal Outlook (Revenue, USD Billion; 2019-2030)
- Gold
- Silver
- Platinum Group Metals (PGM)
· End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Automotive and Transportation
- Consumer Goods
- Others
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
- Chapter 1 includes the global Precious and Base Metals Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Precious and Base Metals Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Precious and Base Metals Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Precious and Base Metals Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.