• 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐩𝐡𝐲𝐬𝐢𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐀 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐅𝐫𝐨𝐧𝐭𝐢𝐞𝐫 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞

    𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/global-electrophysiology-market/request-sample

    The 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐩𝐡𝐲𝐬𝐢𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 is rapidly expanding, driven by the increasing prevalence of heart-related conditions such as arrhythmias and the advancement of EP procedures. With the adoption of innovative technologies, the market is seeing significant transformations in both diagnostic and therapeutic applications.

    𝐊𝐞𝐲 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐧𝐠 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

    • 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Modern EP systems like 3D mapping and ablation catheters are revolutionizing the treatment of arrhythmias, leading to more accurate and effective procedures.

    • 𝐑𝐢𝐬𝐢𝐧𝐠 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐚𝐫𝐝𝐢𝐨𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐃𝐢𝐬𝐞𝐚𝐬𝐞𝐬: As heart conditions become more prevalent globally, the demand for EP procedures and devices continues to grow.

    • 𝐌𝐢𝐧𝐢𝐦𝐚𝐥𝐥𝐲 𝐈𝐧𝐯𝐚𝐬𝐢𝐯𝐞 𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞𝐬: Patients are increasingly opting for minimally invasive treatments, which have led to a rise in the number of EP procedures performed worldwide.

    • 𝐀𝐠𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧: With an aging global population, the need for cardiac care, including EP procedures, is on the rise.

    𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
    • Siemens AG
    • Medtronic plc
    • Cardio Focus
    • Johnson & Johnson Services, Inc.
    • Philips Healthcare
    • Biotronik SE & Co.KG
    • Boston Scientific Corporation
    • GE Healthcare
    • Microport Scientific Corporation
    • Abbott Laboratories

    𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/global-electrophysiology-market

    As the field continues to innovate, the future of the Electrophysiology market looks promising, offering advanced solutions to better manage heart health.

    #electrophysiology #cardiovascularhealth #medicaldevices #healthcareinnovation #marketgrowth #marketresearch #markettrends #businessinsights #marketanalysis
    𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐩𝐡𝐲𝐬𝐢𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐀 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐅𝐫𝐨𝐧𝐭𝐢𝐞𝐫 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/global-electrophysiology-market/request-sample The 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐩𝐡𝐲𝐬𝐢𝐨𝐥𝐨𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 is rapidly expanding, driven by the increasing prevalence of heart-related conditions such as arrhythmias and the advancement of EP procedures. With the adoption of innovative technologies, the market is seeing significant transformations in both diagnostic and therapeutic applications. 𝐊𝐞𝐲 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐧𝐠 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧𝐜𝐥𝐮𝐝𝐞: • 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Modern EP systems like 3D mapping and ablation catheters are revolutionizing the treatment of arrhythmias, leading to more accurate and effective procedures. • 𝐑𝐢𝐬𝐢𝐧𝐠 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐜𝐞 𝐨𝐟 𝐂𝐚𝐫𝐝𝐢𝐨𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐃𝐢𝐬𝐞𝐚𝐬𝐞𝐬: As heart conditions become more prevalent globally, the demand for EP procedures and devices continues to grow. • 𝐌𝐢𝐧𝐢𝐦𝐚𝐥𝐥𝐲 𝐈𝐧𝐯𝐚𝐬𝐢𝐯𝐞 𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞𝐬: Patients are increasingly opting for minimally invasive treatments, which have led to a rise in the number of EP procedures performed worldwide. • 𝐀𝐠𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧: With an aging global population, the need for cardiac care, including EP procedures, is on the rise. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: • Siemens AG • Medtronic plc • Cardio Focus • Johnson & Johnson Services, Inc. • Philips Healthcare • Biotronik SE & Co.KG • Boston Scientific Corporation • GE Healthcare • Microport Scientific Corporation • Abbott Laboratories 𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/global-electrophysiology-market As the field continues to innovate, the future of the Electrophysiology market looks promising, offering advanced solutions to better manage heart health. #electrophysiology #cardiovascularhealth #medicaldevices #healthcareinnovation #marketgrowth #marketresearch #markettrends #businessinsights #marketanalysis
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  • 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦 𝐚𝐧𝐝 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦𝐚𝐬𝐞 𝐈𝐧𝐡𝐢𝐛𝐢𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

    𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/beta-lactam-beta-lactamase-inhibitors-market/request-sample

    The global 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦 𝐚𝐧𝐝 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦𝐚𝐬𝐞 𝐈𝐧𝐡𝐢𝐛𝐢𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 is gaining momentum, driven by the increasing demand for effective antibiotic treatments. Beta-lactam antibiotics are vital for combating a broad range of bacterial infections, and with rising antibiotic resistance, the need for Beta-lactamase inhibitors is more crucial than ever.

    This market’s expansion is underpinned by:

    𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞 𝐨𝐟 𝐈𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐬: Rising cases of bacterial infections are boosting the demand for effective therapies.

    𝐀𝐧𝐭𝐢𝐛𝐢𝐨𝐭𝐢𝐜 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: The misuse of antibiotics has led to
    resistant bacteria, creating a need for more advanced solutions.

    𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 & 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: New drug combinations and formulations are being developed to address unmet medical needs.

    𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬Lucrative growth opportunities make the Beta-lactam and Beta-lactamase inhibitors market extremely competitive. Some of the major players:

    • Allergan Plc.
    • Abbott Laboratories
    • GlaxoSmithKline plc
    • F. Hoffmann-La Roche Ltd.
    • Mylan N.V.
    • Merck & Co. Inc.
    • Pfizer Inc.
    • Novartis International AG (Sandoz)
    • Teva Pharmaceutical Industries Ltd.
    • Sanofi

    𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/beta-lactam-beta-lactamase-inhibitors-market

    The future looks promising, as key players continue to invest in R&D and new strategies for tackling antibiotic resistance. Stay tuned as this market evolves to meet global healthcare demands!

    #betalactam #pharmaindustry #healthcareinnovation #antibioticresistance #marketgrowth #researchanddevelopment #marketanalysis #healthcare #markettrends #businessinsights
    𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦 𝐚𝐧𝐝 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦𝐚𝐬𝐞 𝐈𝐧𝐡𝐢𝐛𝐢𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.nextmsc.com/beta-lactam-beta-lactamase-inhibitors-market/request-sample The global 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦 𝐚𝐧𝐝 𝐁𝐞𝐭𝐚-𝐥𝐚𝐜𝐭𝐚𝐦𝐚𝐬𝐞 𝐈𝐧𝐡𝐢𝐛𝐢𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 is gaining momentum, driven by the increasing demand for effective antibiotic treatments. Beta-lactam antibiotics are vital for combating a broad range of bacterial infections, and with rising antibiotic resistance, the need for Beta-lactamase inhibitors is more crucial than ever. This market’s expansion is underpinned by: 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞 𝐨𝐟 𝐈𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐬: Rising cases of bacterial infections are boosting the demand for effective therapies. 𝐀𝐧𝐭𝐢𝐛𝐢𝐨𝐭𝐢𝐜 𝐑𝐞𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: The misuse of antibiotics has led to resistant bacteria, creating a need for more advanced solutions. 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 & 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: New drug combinations and formulations are being developed to address unmet medical needs. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬Lucrative growth opportunities make the Beta-lactam and Beta-lactamase inhibitors market extremely competitive. Some of the major players: • Allergan Plc. • Abbott Laboratories • GlaxoSmithKline plc • F. Hoffmann-La Roche Ltd. • Mylan N.V. • Merck & Co. Inc. • Pfizer Inc. • Novartis International AG (Sandoz) • Teva Pharmaceutical Industries Ltd. • Sanofi 𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.nextmsc.com/report/beta-lactam-beta-lactamase-inhibitors-market The future looks promising, as key players continue to invest in R&D and new strategies for tackling antibiotic resistance. Stay tuned as this market evolves to meet global healthcare demands! #betalactam #pharmaindustry #healthcareinnovation #antibioticresistance #marketgrowth #researchanddevelopment #marketanalysis #healthcare #markettrends #businessinsights
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  • The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions.

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810

    One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution.

    To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting.

    Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products.

    In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery.

    The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market.

    The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings.

    In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    The global paints and coatings additives market is expected to reach USD 12,659.4 million by 2027, driven by the increasing demand for high-performance, sustainable, and eco-friendly coatings. Additives play a crucial role in improving the properties of paints and coatings, such as durability, color retention, and scratch resistance. Manufacturers are constantly innovating to develop additives that can meet the evolving needs of the market and provide effective solutions. Information Source - https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810 One of the major trends driving the paints and coatings additives market is the growing demand for sustainable coatings. Consumers are increasingly becoming conscious of the environmental impact of the products they use and prefer eco-friendly options. This has led to a rise in demand for coatings that are made from natural and biodegradable materials, free from harmful chemicals, and do not contribute to pollution. To meet the demand for sustainable coatings, manufacturers are developing additives that can improve the performance and sustainability of paints and coatings. For example, there are additives that help to enhance the water resistance, adhesion, and color stability of coatings, while also reducing the amount of harmful volatile organic compounds (VOCs) emitted during application. Such additives allow manufacturers to produce coatings that are not only sustainable but also high-performing, durable, and long-lasting. Another trend driving the paints and coatings additives market is the increasing use of technology to enhance the properties of coatings. Additives that can improve the scratch resistance, chemical resistance, and corrosion resistance of coatings are in high demand by various industries, such as automotive, aerospace, and construction. Coatings that can withstand extreme weather conditions and protect against harsh chemicals and corrosive materials are essential for the longevity and performance of products. In addition to the properties mentioned above, additives are also used to improve the functionality of coatings. For example, there are additives that help to create a non-stick surface, reduce friction, and provide a smooth finish. Such coatings are used in a variety of applications, including cookware, medical devices, and machinery. The paints and coatings additives market is highly competitive, with many players competing to provide innovative solutions. Some of the major players in the market include BASF SE, The Dow Chemical Company, Evonik Industries AG, Eastman Chemical Company, and AkzoNobel N.V. These companies are constantly investing in research and development to come up with new and improved additives that can meet the needs of the market. The Asia-Pacific region is the largest market for paints and coatings additives, accounting for a significant share of the global market. The region is witnessing rapid industrialization and urbanization, which has led to a rise in demand for paints and coatings in various industries, such as automotive, construction, and aerospace. In addition, the region has a large population and a growing middle class, which is driving the demand for sustainable and high-performing coatings. In conclusion, the paints and coatings additives market is expected to grow significantly in the coming years, driven by the demand for sustainable, high-performing, and functional coatings. Additives play a crucial role in improving the properties of coatings, and manufacturers are constantly innovating to develop new and improved solutions. With the increasing focus on sustainability and the use of technology, the market for paints and coatings additives is poised for substantial growth.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Paints and Coatings Additives Market Size, Share, Growth Rate, 2032
    The global paints and coatings additives market size was USD 8,299.7 million in 2019 and is projected to reach USD 12,659.4 million by 2027, exhibiting a CAGR of 5.9% during the forecast period.
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  • The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions.

    This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”.

    Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747

    Segments:

    Gold Segment to Register Notable Growth Due to Escalating Disposable Income

    Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa.

    Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand

    Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels.

    Report Coverage:

    The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position.

    Drivers and Restraints:

    Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income

    Precious metals market growth is primarily being impelled by changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment.

    However, industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others.

    Regional Insights:

    Asia Pacific to Emerge as a Major Region Due to the Presence of Electronics & Electrical Industry in the Region

    Asia Pacific's precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent.

    The North American region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

    Competitive Landscape:

    Market Players Enter Partnership Agreements to Strengthen Industry Presence

    Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences.

    Key Industry Development:

    May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper.

    List of Key Players Mentioned in the Report:

    Newmont Corporation (U.S.)
    Barrick Gold Corporation (Canada)
    AngloGold Ashanti Limited (South Africa)
    Kinross Gold Corporation (Canada)
    Newcrest Mining Limited (Australia)
    Gold Fields Limited (South Africa)
    Freeport-McMoRan (U.S.)
    PJSC Polyus (Russia)
    Anglo American Platinum Limited (South Africa)
    Impala Platinum Holdings Limited (South Africa)
    The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. This information is cited by Fortune Business Insights™ in its research report, titled “Precious Metals Market, 2021-2028”. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as a Major Region Due to the Presence of Electronics & Electrical Industry in the Region Asia Pacific's precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North American region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region. Competitive Landscape: Market Players Enter Partnership Agreements to Strengthen Industry Presence Leading companies are striking partnership deals and collaborations to strengthen their market presence. Several industry participants are focusing on a range of strategies including mergers, acquisitions, and the launch of new products to secure a competitive edge. Some of the additional initiatives include surging participation in trade fairs and conferences. Key Industry Development: May 2021 – Newmont Corporation acquired GT Gold to strengthen its portfolio. The deal comprised the Tatogga project, which would contribute to the production of gold and copper. List of Key Players Mentioned in the Report: Newmont Corporation (U.S.) Barrick Gold Corporation (Canada) AngloGold Ashanti Limited (South Africa) Kinross Gold Corporation (Canada) Newcrest Mining Limited (Australia) Gold Fields Limited (South Africa) Freeport-McMoRan (U.S.) PJSC Polyus (Russia) Anglo American Platinum Limited (South Africa) Impala Platinum Holdings Limited (South Africa)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Precious Metals Market Size, Industry Share, Global Trends, Forecast, 2030
    The global precious metals market is projected to grow from $275.40 billion in 2021 to $403.08 billion in 2028 at a CAGR of 5.6% in forecast period, 2021-2028
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