귀금속 시장 보고서 : 금속 유형별, 용도별, 지역별(2025-2033년)

The global precious metals market size reached USD 219.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 328.9 Billion by 2033, exhibiting a growth rate (CAGR) of 4.6% during 2025-2033. The market is primarily driven by the inflating investments in precious metals, increasing utilization of precious metals in a variety of industrial applications, and the extensive utilization of these metals for minting coins.

The Escalating Investments in Precious Metals Augmenting the Market Growth

Investors often view precious metals, such as gold, silver, and platinum as a form of hard asset, allowing them to store wealth for future generations and easily transport the asset. These metals serve as a safe haven asset, meaning that when the prices of other asset classes decrease, investors flock to gold, cash, and treasuries. This can cause the price of gold to surge as other assets decrease in value. Some investors use precious metals as an insurance policy against financial collapse or other crises, while others prefer to hold physical assets outside of the financial system, which is acting as one of the major factors driving the market.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is concentrated with a few large-scale players. The volume of new entrants is low in the precious metals industry due to the high initial capital investments and the dominant presence of established players in the market.

What are Precious Metals?

Precious metals are rare, naturally occurring metallic chemical element that has a high economic value. They are generally less reactive than most elements, have high luster and ductility, and are good conductors of electricity and heat. They are also malleable, meaning they can be hammered or pressed into various shapes and sizes without breaking. Some of the popular precious metals are gold, silver, platinum, palladium, and rhodium. Gold is the most popular, since it is widely utilized in the designing of jewelry and investments, and is also found in electronics, dentistry, and coins. Silver is used in the manufacturing of jewelry and coins but is also adopted in medical, electrical and industrial applications. Platinum is utilized as a catalyst in chemical reactions and is also used in jewelry and electronics. Palladium is adopted in electronics, jewelry, and catalysts, while rhodium is used in catalysts and electronics. Precious metals are valuable both for their rarity and their numerous uses and are often considered a safe haven asset in times of economic uncertainty.

COVID-19 Impact:

The outbreak of COVID-19 caused the global mining industry to temporarily shut down operations at several locations, thereby impacting the precious metals market. The stoppage of operations and construction during the pandemic caused a decline in commodity prices, further worsening the situation. This brought about a complete standstill in a number of economic and trading activities, from medical supplies to consumer electronics, energy, hospitality, tourism, food, and financial markets, which impacted the market. However, the pandemic has had a positive impact on gold, silver, and platinum as they have all seen a significant increase in their value since the start of the pandemic. Additionally, the pandemic has disrupted the supply chain for precious metals, causing supply shortages and production delays, which has led to a rise in the demand for precious metals at higher prices.

Precious Metals Market Trends:

The escalating investments in precious metals majorly drive the global market. Since precious metals are a popular form of investment due to their limited supply and their ability to retain their value over time, which is catalyzing the market. Apart from this, numerous investors purchase physical precious metals, such as coins or bars, or invest in products that track the underlying price of the metal, including exchange-traded funds or futures contracts further contributing to the market. Moreover, central banks hold a large amount of gold and other precious metals as part of their foreign exchange reserves in order to diversify their reserves, which is significantly supporting the demand for precious metals across the globe. Apart from this, the widespread adoption of precious metals in a variety of industrial applications, including electronics, dentistry, and jewelry manufacturing is also positively influencing the market. Moreover, the rising adoption of precious metals to mint coins, which are often collected by enthusiasts is also providing a thrust to the demand. Some of the other factors driving the market include rapid urbanization and inflating disposable income levels of the masses.

Global Precious Metals Market Segmentation

Metal Type Insights:

• Gold
• Jewelry
• Investment
• Technology
• Others
• Platinum
• Auto-catalyst
• Jewelry
• Chemical
• Petroleum
• Medical
• Others
• Silver
• Industrial Application
• Jewelry
• Coins and Bars
• Silverware
• Others
• Palladium
• Auto-catalyst
• Electrical
• Dental
• Chemical
• Jewelry
• Others

Application Insights:

• Jewelry
• Investment
• Electricals
• Automotive
• Chemicals
• Others

Regional Insights:

• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Others
• North America
• United States
• Canada
• Europe
• Germany
• United Kingdom
• France
• Russia
• Italy
• Spain
• Others
• Middle East and Africa
• Latin America
• Brazil
• Mexico
• Others
• The report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia and others), North America (the United States and Canada), Europe (Germany, the United Kingdom, France, Russia, Italy, Spain and others), the Middle East and Africa, and Latin America (Brazil, Mexico and others). According to the report, Asia Pacific was the largest market for precious metals. Some of the factors driving the Asia Pacific precious metals market included the automotive industry's expanding production and the inflating disposable incomes of individuals, which is leading to greater demand for precious jewelry. Additionally, the shifting preference for modern investment opportunities and the purchases of precious metals by central banks in countries, including China, India, and South Korea, are also playing a role in the market's growth. In addition, the rapid growth of consumer electronics, pharmaceuticals, refinery, and petrochemical industries in the area is driving up demand for precious metals for a variety of applications.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global precious metals market. Some of the companies covered in the report include:

• Anglo American Platinum Limited (Anglo American PLC)
• Barrick Gold Corporation
• First Majestic Silver Corp
• First Quantum Minerals Ltd.
• Freeport-Mcmoran Inc.
• Fresnillo Plc (Penoles Group)
• Gabriel Resources Ltd.
• Glencore International AG
• Gold Fields Limited
• Harmony Gold
• Impala Platinum Holdings Limited
• Lundin Mining Corporation
• Pan American Silver Corporation
• Please note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

• 1. What was the size of the global precious metals market in 2024?
• 2. What is the expected growth rate of the global precious metals market during 2025-2033?
• 3. What are the key factors driving the global precious metals market?
• 4. What has been the impact of COVID-19 on the global precious metals market?
• 5. What is the breakup of the global precious metals market based on the metal type?
• 6. What is the breakup of the global precious metals market based on the application?
• 7. What are the key regions in the global precious metals market?
• 8. Who are the key players/companies in the global precious metals market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Precious Metals Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Metal Type

• 6.1 Gold
  • 6.1.1 Market Trends
  • 6.1.2 Market Breakup by End Use
  • 6.1.3 Market Forecast
• 6.2 Silver
  • 6.2.1 Market Trends
  • 6.2.2 Market Breakup by End Use
  • 6.2.3 Market Forecast
• 6.3 Platinum
  • 6.3.1 Market Trends
  • 6.3.2 Market Breakup by End Use
  • 6.3.3 Market Forecast
• 6.4 Palladium
  • 6.4.1 1Market Trends
  • 6.4.2 Market Breakup by End Use
  • 6.4.3 Market Forecast
• 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Application

• 7.1 Jewelry
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Investment
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Electricals
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Automotive
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Chemicals
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Others
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast

8 Market Breakup by Region

• 8.1 Asia-Pacific
  • 8.1.1 China
    • 8.1.1.1 Market Trends
    • 8.1.1.2 Market Forecast
  • 8.1.2 India
    • 8.1.2.1 Market Trends
    • 8.1.2.2 Market Forecast
  • 8.1.3 Japan
    • 8.1.3.1 Market Trends
    • 8.1.3.2 Market Forecast
  • 8.1.4 South Korea
    • 8.1.4.1 Market Trends
    • 8.1.4.2 Market Forecast
  • 8.1.5 Australia
    • 8.1.5.1 Market Trends
    • 8.1.5.2 Market Forecast
  • 8.1.6 Indonesia
    • 8.1.6.1 Market Trends
    • 8.1.6.2 Market Forecast
  • 8.1.7 Others
    • 8.1.7.1 Market Trends
    • 8.1.7.2 Market Forecast
• 8.2 North America
  • 8.2.1 United States
    • 8.2.1.1 Market Trends
    • 8.2.1.2 Market Forecast
  • 8.2.2 Canada
    • 8.2.2.1 Market Trends
    • 8.2.2.2 Market Forecast
• 8.3 Europe
  • 8.3.1 Germany
    • 8.3.1.1 Market Trends
    • 8.3.1.2 Market Forecast
  • 8.3.2 United Kingdom
    • 8.3.2.1 Market Trends
    • 8.3.2.2 Market Forecast
  • 8.3.3 France
    • 8.3.3.1 Market Trends
    • 8.3.3.2 Market Forecast
  • 8.3.4 Russia
    • 8.3.4.1 Market Trends
    • 8.3.4.2 Market Forecast
  • 8.3.5 Italy
    • 8.3.5.1 Market Trends
    • 8.3.5.2 Market Forecast
  • 8.3.6 Spain
    • 8.3.6.1 Market Trends
    • 8.3.6.2 Market Forecast
  • 8.3.7 Others
    • 8.3.7.1 Market Trends
    • 8.3.7.2 Market Forecast
• 8.4 Middle East and Africa
  • 8.4.1 Market Trends
  • 8.4.2 Market Breakup by Country
  • 8.4.3 Market Forecast
• 8.5 Latin America
  • 8.5.1 Brazil
    • 8.5.1.1 Market Trends
    • 8.5.1.2 Market Forecast
  • 8.5.2 Mexico
    • 8.5.2.1 Market Trends
    • 8.5.2.2 Market Forecast
  • 8.5.3 Others
    • 8.5.3.1 Market Trends
    • 8.5.3.2 Market Forecast

9 SWOT Analysis

• 9.1 Overview
• 9.2 Strengths
• 9.3 Weaknesses
• 9.4 Opportunities
• 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 Anglo American Platinum Limited (Anglo American PLC)
    • 13.3.1.1 Company Overview
    • 13.3.1.2 Product Portfolio
    • 13.3.1.3 Financials
    • 13.3.1.4 SWOT Analysis
  • 13.3.2 Barrick Gold Corporation
    • 13.3.2.1 Company Overview
    • 13.3.2.2 Product Portfolio
    • 13.3.2.3 Financials
    • 13.3.2.4 SWOT Analysis
  • 13.3.3 First Majestic Silver Corp.
    • 13.3.3.1 Company Overview
    • 13.3.3.2 Product Portfolio
    • 13.3.3.3 Financials
  • 13.3.4 First Quantum Minerals Ltd.
    • 13.3.4.1 Company Overview
    • 13.3.4.2 Product Portfolio
    • 13.3.4.3 Financials
    • 13.3.4.4 SWOT Analysis
  • 13.3.5 Freeport-Mcmoran Inc.
    • 13.3.5.1 Company Overview
    • 13.3.5.2 Product Portfolio
    • 13.3.5.3 Financials
    • 13.3.5.4 SWOT Analysis
  • 13.3.6 Fresnillo plc (Penoles Group)
    • 13.3.6.1 Company Overview
    • 13.3.6.2 Product Portfolio
    • 13.3.6.3 Financials
  • 13.3.7 Gabriel Resources Ltd.
    • 13.3.7.1 Company Overview
    • 13.3.7.2 Product Portfolio
    • 13.3.7.3 Financials
  • 13.3.8 Glencore International AG
    • 13.3.8.1 Company Overview
    • 13.3.8.2 Product Portfolio
    • 13.3.8.3 Financials
    • 13.3.8.4 SWOT Analysis
  • 13.3.9 Gold Fields Limited
    • 13.3.9.1 Company Overview
    • 13.3.9.2 Product Portfolio
    • 13.3.9.3 Financials
  • 13.3.10 Harmony Gold
    • 13.3.10.1 Company Overview
    • 13.3.10.2 Product Portfolio
    • 13.3.10.3 Financials
  • 13.3.11 Impala Platinum Holdings Limited
    • 13.3.11.1 Company Overview
    • 13.3.11.2 Product Portfolio
    • 13.3.11.3 Financials
  • 13.3.12 Lundin Mining Corporation
    • 13.3.12.1 Company Overview
    • 13.3.12.2 Product Portfolio
    • 13.3.12.3 Financials
    • 13.3.12.4 SWOT Analysis
  • 13.3.13 Pan American Silver Corporation
    • 13.3.13.1 Company Overview
    • 13.3.13.2 Product Portfolio
    • 13.3.13.3 Financials
    • 13.3.13.4 SWOT Analysis