Market Overview:
The global noble metal product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, gold, silver and platinum metals are included in this market. Among these types, gold held the largest share in 2017 and it is expected to maintain its dominance during the forecast period as well. Gold finds extensive use in jewelry making as well as other industrial applications such as dentistry and electronics owing to its properties such as resistance against corrosion and tarnish. Silver also has a number of industrial applications due to its anti-microbial properties that make it suitable for use in medical devices and water purification systems among others.
Product Definition:
A Noble Metal Product is a product that contains one or more noble metals. Noble metals are rare, precious metals that have unique physical and chemical properties. They are used in a variety of applications, including electronics, jewelry, and coins. The importance of noble metal products varies depending on the application. In electronics, they are used in capacitors and other components to help prevent corrosion and extend the life of the device. In jewelry, they add value and beauty to the piece. And in coins, they help ensure their authenticity and prevent counterfeiting.
Gold:
Gold is a precious metal that has been used for thousands of years as a monetary instrument, jewelry, and industrial source. It is the only commodity that does not wear out after extensive use. The chemical properties of gold have made it useful in various industries over the past centuries.
Silver:
Noble metals have been used for thousands of years as a standard of value in various monetary systems. Gold, platinum, and silver are the most commonly known noble metals. Silver has been used as an important monetary metal since the beginning of recorded history with its first mention being in the Bible (Genesis 13:2). The use and value of silver has fluctuated over time owing to changes in fashion trends, consumer preferences, technology developments and economic conditions across different regions.
Application Insights:
The application segment includes industrial, consumer sector and finance. The industry is classified based on applications into industrial, consumer sector and finance. In 2017, the industry was dominated by the industrial segment with a share of over 70% in terms of volume as well as revenue. The growth can be attributed to increasing demand for Noble Metal Products from various end-use industries such as automotive, construction equipment and machinery manufacturing among others.
The growing importance of platinum metals in various industries including energy generation has resulted in an increased demand for PGM derivatives which includePGM metal itself or its alloys along with other elements such as carbon (graphite) or other non-metals (such as sulfur) that are added to change specific physical properties of the product resulting in improved performance at a lower cost than compared to its pure form.
Regional Analysis:
Asia Pacific dominated the global noble metal product market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to high demand from developing countries such as India and China. In addition, increasing investments in infrastructure development are likely to drive industrial growth across Asia Pacific, which is further anticipated to propel industry expansion over the next eight years.
Growth Factors:
- Increasing demand from the automotive and electronics industries for noble metal products for use in catalytic converters and electronic components, respectively.
- Growing popularity of fuel cells as a source of clean energy, which requires large quantities of noble metals for use in the electrodes.
- Rising prices of precious metals due to increased global demand, making noble metal products more affordable to consumers.
- Advances in manufacturing technology that allow for smaller and more complex parts to be produced with greater precision and at lower costs.
- Increased awareness among consumers about the benefits of using noble metal products in applications where they can provide performance or environmental advantages over traditional materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Noble Metal Product Market Research Report
By Type
Gold, Silver, Platinum Metals
By Application
Industrial, Consumer Sector, Finance
By Companies
Newmont Corporation, Barrick, Norilsk Nicke, Anglo American Platinum, 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, Shandong Gold Group Co.,Ltd.
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Noble Metal Product Market Report Segments:
The global Noble Metal Product market is segmented on the basis of:
Types
Gold, Silver, Platinum Metals
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
Industrial, Consumer Sector, Finance
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:
- Newmont Corporation
- Barrick
- Norilsk Nicke
- Anglo American Platinum
- 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
- Shandong Gold Group Co.,Ltd.
Highlights of The Noble Metal Product 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:
- Gold
- Silver
- Platinum Metals
- By Application:
- Industrial
- Consumer Sector
- Finance
- 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 Noble Metal Product 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Noble metal product is a term used to describe products that are made from metals that have been designated as noble by the International Atomic Energy Agency. These metals are typically more expensive than other types of metals, but they have unique properties that make them valuable for use in products such as electronics and cars.
Some of the key players operating in the noble metal product market are Newmont Corporation, Barrick, Norilsk Nicke, Anglo American Platinum, 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, Shandong Gold Group Co.,Ltd..
The noble metal product market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Noble Metal Product 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 Noble Metal Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Noble Metal Product 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 Noble Metal Product 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 Noble Metal Product Market Size & Forecast, 2018-2028
4.5.1 Noble Metal Product Market Size and Y-o-Y Growth
4.5.2 Noble Metal Product Market Absolute $ Opportunity
Chapter 5 Global Noble Metal Product 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 Noble Metal Product Market Size Forecast by Type
5.2.1 Gold
5.2.2 Silver
5.2.3 Platinum Metals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Noble Metal Product 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 Noble Metal Product Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Consumer Sector
6.2.3 Finance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Noble Metal Product 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 Noble Metal Product 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 Noble Metal Product Analysis and Forecast
9.1 Introduction
9.2 North America Noble Metal Product 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 Noble Metal Product Market Size Forecast by Type
9.6.1 Gold
9.6.2 Silver
9.6.3 Platinum Metals
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 Noble Metal Product Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Consumer Sector
9.10.3 Finance
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 Noble Metal Product Analysis and Forecast
10.1 Introduction
10.2 Europe Noble Metal Product 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 Noble Metal Product Market Size Forecast by Type
10.6.1 Gold
10.6.2 Silver
10.6.3 Platinum Metals
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 Noble Metal Product Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Consumer Sector
10.10.3 Finance
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 Noble Metal Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Noble Metal Product 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 Noble Metal Product Market Size Forecast by Type
11.6.1 Gold
11.6.2 Silver
11.6.3 Platinum Metals
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 Noble Metal Product Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Consumer Sector
11.10.3 Finance
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 Noble Metal Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Noble Metal Product 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 Noble Metal Product Market Size Forecast by Type
12.6.1 Gold
12.6.2 Silver
12.6.3 Platinum Metals
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 Noble Metal Product Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Consumer Sector
12.10.3 Finance
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) Noble Metal Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Noble Metal Product 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) Noble Metal Product Market Size Forecast by Type
13.6.1 Gold
13.6.2 Silver
13.6.3 Platinum Metals
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) Noble Metal Product Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Consumer Sector
13.10.3 Finance
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 Noble Metal Product Market: Competitive Dashboard
14.2 Global Noble Metal Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Newmont Corporation
14.3.2 Barrick
14.3.3 Norilsk Nicke
14.3.4 Anglo American Platinum
14.3.5 Sibanye Gold Limited
14.3.6 AngloGold Ashanti Limited
14.3.7 Polyus Gold International
14.3.8 China National Gold Group Co.,Ltd
14.3.9 Kinross Gold Corporation
14.3.10 Newcrest Mining Limited
14.3.11 Gold Fields Limited
14.3.12 Agnico Eagle Mines Ltd
14.3.13 Polymetal International Plc
14.3.14 Fresnillo plc
14.3.15 Shandong Gold Group Co.,Ltd.
