Global Silver Market Report (Demand, Supply & Production)


Dublin, May 18, 2021 (GLOBE NEWSWIRE) – The “Global silver market (demand, supply and production): outlook and forecast with potential impact of COVID-19 (2021-2025)” the report was added to from offer.

Global silver demand is expected to reach 1,155 million ounces in 2025, with a CAGR of 2.98%, for the period 2021-2025. While the silver supply is expected to be registered at 1,062 million ounces in 2025, increasing at a CAGR of 1.26%, during 2021-2025.

Factors such as rising sales of jewelry and silverware, growing demand for photovoltaic solar panels, increasing use of silver oxide batteries, increasing manufacturing of electrical equipment and expansion of dental services would stimulate market growth. However, market growth would be challenged by the volatility of silver prices and the environmental impact of silver nanoparticles.

A few notable trends may include an increasing use of silver in the automotive industry, increasing consumption of nanoparticles of silver, and increasing consumption of silver in the United States.

The silver market gradually emerges over the years and secures its position in the financial markets in the modern economy. Given its size and liquidity, money clearly becomes a monetary asset for investors.

In addition, the growing range of applications makes silver in high demand in various end industries. Silver is used extensively in industries such as jewelry and silverware, electrical and electronics, photovoltaics, brazing alloys, and photography.

The fastest growing regional market was North America due to the massive consumption of silver in various end industries. It was followed by Central and South America as emerging regions of the silver market due to increased exploration activities for silver production. However, the growth of the market was hampered by the outbreak of the COVID-19 pandemic, as it caused serious disruption in various industries, which ultimately stopped the consumption of money around the world.

Scope of the report

  • The report provides a comprehensive analysis of the global silver market.
  • The main regional markets (North America, Central and South America, Asia, CIS, Europe, Oceania and Africa) were analyzed.
  • Market dynamics like growth drivers, market trends and challenges are analyzed in depth.
  • The competitive landscape of the market, along with the company profiles of major players (Glencore, Polymetal International, Fresnillo, Pan American Silver, First Majestic Silver, and Asahi Refining) are also presented in detail.

Key target audience

  • Silver makers
  • Supply chain partners
  • End users (automotive, jewelry and silverware, solar power, O&M, etc.)
  • Design offices
  • Investment banks
  • Government agencies and regulatory authorities

Main topics covered:

1. Market overview
1.1 Introduction
1.2 Chemical properties of silver
1.3 End-industry uses of silver
1.4 Silver nanoparticles

2. Impact of COVID-19
2.1 Decrease in silver production
2.2 Decline in demand for silver jewelry
2.3 Impact on average silver prices

3. Global market
3.1 Global demand for silver
3.2 Forecast of Global Silver Demand
3.3 Global demand for silver by end industries
3.3.1 Global Demand for Jewelry and Silverware Silver
3.3.2 Global Jewelry and Silverware Silver Demand Forecast
3.3.3 Global Demand for Electricity and Electronic Money
3.3.4 Global Electricity and Electronic Money Demand Forecast
3.3.5 Global Demand for Photovoltaic Silver
3.3.6 Global PV Silver Demand Forecast
3.3.7 Global Demand for Silver for Brazing Alloys
3.3.8 Global Brazing Alloy Demand Forecast
3.3.9 Global Demand for Silver for Photography
3.3.10 Global Film Photography Demand Forecast
3.3.11 Global demand for silver in physical investment
3.3.12 Forecasting Global Demand for Physical Silver Investment
3.4 Global silver supply
3.5 Global Silver Supply Forecast
3.6 Global production of silver mines
3.7 Global Silver Mining Production by Source Metal
3.7.1 Global production of silver mines by lead / zinc
3.7.2 Global production of primary silver mines
3.7.3 World production of silver mines by copper
3.7.4 Global production of silver mines by gold
3.8 Global Silver Mining Production by Regions

4. Regional market
4.1 North America
4.1.1 North America Silver Mine Production
4.2 Central and South America
4.2.2 Central and South America Silver Mine Production
4.3 Asia
4.3.1 Silver mine production in Asia
4.4 CIS
4.4.1 Production of the CIS silver mine
4.5 Europe
4.5.1 Silver mine production in Europe
4.6 Oceania
4.6.1 Silver mine production in Oceania
4.7 Africa
4.7.1 Silver mine production in Africa

5. Market dynamics
5.1 Growth drivers
5.1.1 Increased sales of jewelry and silverware
5.1.2 Growing demand for solar PV
5.1.3 Growing use of silver oxide batteries
5.1.4 Growing Manufacture of Electrical Equipment
5.1.5 Expansion of dental services
5.2 Main trends and developments
5.2.1 Growing use of money in the automotive sector
5.2.2 Growing consumption of silver nanoparticles
5.2.3 Increase in silver consumption in the United States
5.3 challenges
5.3.1 Volatile Silver Prices
5.3.2 Environmental impacts of silver nanoparticles

6. Competitive landscape
6.1 Global market
6.1.1 Key players – Income comparison
6.1.2 Key players – Market capitalization comparison

7. Company profiles
7.1 Glencore
7.1.1 Company Overview
7.1.2 Financial overview
7.1.3 Business strategies
7.2 Polymetal International
7.3 Fresnillo
7.4 Pan American money
7.5 First majestic silver
7.6 Asahi refining

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