Market Overview:
The global high purity precious metals market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductor industries, displays, photovoltaic and others applications across the globe. Additionally, factors such as technological advancements and rising awareness about environment-friendly products are also contributing towards the growth of this market. However, fluctuations in prices of raw materials may restrain the overall growth of this market during the forecast period. On basis of type, 2N segment is expected to hold major share in global high purity precious metals market during forecast period due to its widespread use in semiconductor industries application across globe. 3N segment is projected to grow at highest CAGR owing its growing demand from photovoltaic industry over next few years. 4N and 5N segments are also anticipated witness significant growth rates owing their increasing use in various end-use applications over next few years.
Product Definition:
High purity precious metals are those that have a very low concentration of impurities. These metals are often used in medical and electronic devices because of their resistance to corrosion and their ability to conduct electricity.
2N:
2N is the natural number for the element nitrogen. It's represented by the symbol N or sometimes N0, which refers to a neutral substance of molecular weight (the exact amount varies with different elements) approximately 14 as its base. Nitrogen is a colorless and odorless gas that makes up around 0.07% of Earth's atmosphere in terms of volume but plays an important role in various compounds and reactions.
3N:
3N is the term used for referring to the purity level of precious metals. It represents 99.99% or three nines (300) percent purity of a particular metal. The 3N standard has been adopted by many market participants as it provides an easy-to-understand and reliable system for consumers when purchasing gold, silver, platinum, or any other precious metal products.
The 3N standard was initially developed to provide a consistent method for classifying.
Application Insights:
The global market is segmented by application into semiconductors, displays, photovoltaic, and others. The displays application segment led the global industry in 2017 accounting for a share of over 40%. This growth can be attributed to increasing demand for high purity precious metals from display manufacturers across the globe.
High purity precious metals are used in various applications such as electronic devices (e.g., smartphones), solar panels (e.g., silicon wafer), and batteries (Lithium-ion or alkaline). The growing demand for renewable energy sources owing to rapid population growth along with rising awareness regarding environmental protection has resulted in increased investments by governments worldwide particularly in developing countries like India and China which propel market growth globally over the forecast period.
Regional Analysis:
Asia Pacific accounted for the largest share of more than 45% in 2017. The region is expected to maintain its lead over the forecast period owing to growing demand from end-use industries, such as electronics, solar energy and automotive. China is projected to remain a key consumer and producer in this market due to its large reserves of rare earth minerals.
North America was valued at USD X million in 2017 and is expected to witness significant growth over the forecast period owing rising investments from various countries across the globe including U.S., Canada among others which are anticipated drive industry growth through research & development activities followed by product manufacturing & sales etcetera).
Europe was estimated at USD X million in 2016 and it has been witnessing steady growth since then on account of increasing demand for high purity precious metals from several end-use industries mainly electronics along with rising R&D activities by universities & institutes pertaining towards developing advanced semiconductor devices etcetera).
Growth Factors:
- Increasing demand from the electronics and automotive industries
- Rising investment in technology and innovation by manufacturers
- Growing awareness about the benefits of using high purity precious metals among consumers
- Proliferation of online trading platforms for these metals
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Precious Metals Market Research Report
By Type
2N, 3N, 4N, 5N, Others
By Application
Semiconductor Industries, Displays, Photovoltaic, Others
By Companies
Materion (Heraeus), JX Nippon Mining & Metals Corporation, Praxair, Plansee SE, Hitachi Metals, Honeywell, Mitsui Mining & Smelting, Sumitomo Chemical, ULVAC, TOSOH, Materion (Heraeus), Heesung, Luvata, Fujian Acetron New Materials, Changzhou Sujing Electronic Material, Luoyang Sifon Electronic Materials, GRIKIN Advanced Material, FURAYA Metals, Advantec, Angstrom Sciences, Umicore Thin Film Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Precious Metals Market Report Segments:
The global High Purity Precious Metals market is segmented on the basis of:
Types
2N, 3N, 4N, 5N, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor Industries, Displays, Photovoltaic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Materion (Heraeus)
- JX Nippon Mining & Metals Corporation
- Praxair
- Plansee SE
- Hitachi Metals
- Honeywell
- Mitsui Mining & Smelting
- Sumitomo Chemical
- ULVAC
- TOSOH
- Materion (Heraeus)
- Heesung
- Luvata
- Fujian Acetron New Materials
- Changzhou Sujing Electronic Material
- Luoyang Sifon Electronic Materials
- GRIKIN Advanced Material
- FURAYA Metals
- Advantec
- Angstrom Sciences
- Umicore Thin Film Products
Highlights of The High Purity Precious Metals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2N
- 3N
- 4N
- 5N
- Others
- By Application:
- Semiconductor Industries
- Displays
- Photovoltaic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Precious Metals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity precious metals are those that have been refined to the highest degree possible, removing all other elements and substances.
Some of the key players operating in the high purity precious metals market are Materion (Heraeus), JX Nippon Mining & Metals Corporation, Praxair, Plansee SE, Hitachi Metals, Honeywell, Mitsui Mining & Smelting, Sumitomo Chemical, ULVAC, TOSOH, Materion (Heraeus), Heesung, Luvata, Fujian Acetron New Materials, Changzhou Sujing Electronic Material, Luoyang Sifon Electronic Materials, GRIKIN Advanced Material, FURAYA Metals, Advantec, Angstrom Sciences, Umicore Thin Film Products.
The high purity precious metals market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Precious Metals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Precious Metals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Precious Metals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Precious Metals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Precious Metals Market Size & Forecast, 2018-2028
4.5.1 High Purity Precious Metals Market Size and Y-o-Y Growth
4.5.2 High Purity Precious Metals Market Absolute $ Opportunity
Chapter 5 Global High Purity Precious Metals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Precious Metals Market Size Forecast by Type
5.2.1 2N
5.2.2 3N
5.2.3 4N
5.2.4 5N
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Precious Metals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Precious Metals Market Size Forecast by Applications
6.2.1 Semiconductor Industries
6.2.2 Displays
6.2.3 Photovoltaic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Precious Metals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Precious Metals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Precious Metals Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Precious Metals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Precious Metals Market Size Forecast by Type
9.6.1 2N
9.6.2 3N
9.6.3 4N
9.6.4 5N
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Precious Metals Market Size Forecast by Applications
9.10.1 Semiconductor Industries
9.10.2 Displays
9.10.3 Photovoltaic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Precious Metals Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Precious Metals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Precious Metals Market Size Forecast by Type
10.6.1 2N
10.6.2 3N
10.6.3 4N
10.6.4 5N
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Precious Metals Market Size Forecast by Applications
10.10.1 Semiconductor Industries
10.10.2 Displays
10.10.3 Photovoltaic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Precious Metals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Precious Metals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Precious Metals Market Size Forecast by Type
11.6.1 2N
11.6.2 3N
11.6.3 4N
11.6.4 5N
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Precious Metals Market Size Forecast by Applications
11.10.1 Semiconductor Industries
11.10.2 Displays
11.10.3 Photovoltaic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Precious Metals Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Precious Metals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Precious Metals Market Size Forecast by Type
12.6.1 2N
12.6.2 3N
12.6.3 4N
12.6.4 5N
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Precious Metals Market Size Forecast by Applications
12.10.1 Semiconductor Industries
12.10.2 Displays
12.10.3 Photovoltaic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Precious Metals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Precious Metals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Precious Metals Market Size Forecast by Type
13.6.1 2N
13.6.2 3N
13.6.3 4N
13.6.4 5N
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Precious Metals Market Size Forecast by Applications
13.10.1 Semiconductor Industries
13.10.2 Displays
13.10.3 Photovoltaic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Precious Metals Market: Competitive Dashboard
14.2 Global High Purity Precious Metals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Materion (Heraeus)
14.3.2 JX Nippon Mining & Metals Corporation
14.3.3 Praxair
14.3.4 Plansee SE
14.3.5 Hitachi Metals
14.3.6 Honeywell
14.3.7 Mitsui Mining & Smelting
14.3.8 Sumitomo Chemical
14.3.9 ULVAC
14.3.10 TOSOH
14.3.11 Materion (Heraeus)
14.3.12 Heesung
14.3.13 Luvata
14.3.14 Fujian Acetron New Materials
14.3.15 Changzhou Sujing Electronic Material
14.3.16 Luoyang Sifon Electronic Materials
14.3.17 GRIKIN Advanced Material
14.3.18 FURAYA Metals
14.3.19 Advantec
14.3.20 Angstrom Sciences
14.3.21 Umicore Thin Film Products
