Infinium Global Research Precious Metals Market Global Industry Analysis Ma | Page 2

The report on Precious Metals Market by Infinium Global Research analyzes
the Precious Metals Market over the period of 2017 to 2023. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Precious Metals Market. It
will help a lot of decision makers to develop strategies and find new
opportunities in the Global Precious Metals Market.
Global precious metals market is expected to grow at a CAGR between 4.0%
and 4.5% over the period of 2017 – 2023. Precious metals are naturally
occurring high value and rare metals such as silver, gold, and platinum group
metals. These metals are traded and are also treated as currency in the world
market; however, these metals are also in several industrial applications.
Market Insights
Increase in applications of precious metals such as silver and platinum group
metals in the end use industries is a primary factor promoting the growth in
the world market. Moreover, globally rise in per capita income among the
consumers in the world market is expected to drive the demand for jewelry of
precious metals over the forecast period. However, regulatory aspects
pertaining to the mining of precious metals is one of the primary restraining
factors affecting the growth of this market, furthermore, rise in demand for
imitation and quoted jewelry is expected to affect the market growth of the
precious metals over the forecast period.
Infinium Global Research