Gold Metals Market By Product (Pure Gold, Mixed Color Gold, Color Gold and Other Products) and Application (Luxury Goods, Automotive, Electronics and Other Applications) - Global Industry Analysis And Forecast To 2025
The gold is an element having the symbol Au (from the Latin name: aurum) and the atomic number been 79, making it the element with higher atomic number that happen normally. In the most pure form, it is the brilliant, somewhat rosy yellow, delicate, ductile, dense, and malleable metal. Gold is chemically transition metal and the element of group 11. Gold is the slightest responsive chemical element and is strong under the standard conditions. Gold normally occurs in the free-state, as grains or nuggets, in veins, in alluvial deposits, and in rocks. This metal is mostly insoluble in acids but dissolves in the aqua regia, the combination of hydrochloric acid and nitric acid. Therefore, the Gold Metals Market is anticipated to expand and has tremendous scope during the forecast period. The global Gold Metals Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The driving factors of the global market are; rising utilization of the metal in the luxury good market which include the jewelry & other items, increasing use of the metal in the electronics sector for some applications, increasing use of the metal in some of the cosmetic products, rising demand from the global economies as a medium of international exchange and various other applications.
The restraining factor of the market is the cost of the metal which is very high as this metal is the precious metal.
Gold Metals Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?