What is Global Precious Metal Powders and Flakes Market?
The Global Precious Metal Powders and Flakes Market is a vast and complex industry that deals with the production, distribution, and use of precious metal powders and flakes. These are small, finely divided particles of precious metals such as gold, silver, platinum, and palladium. The market is global in nature, meaning it involves companies, consumers, and transactions from all over the world. The value of this market was estimated to be US$ 2998.3 million in 2022. This figure is expected to rise to US$ 3722.2 million by 2029, indicating a Compound Annual Growth Rate (CAGR) of 3.1% from 2023 to 2029. The largest player in this market is TANAKA, which held approximately 45.05% of the market share in terms of revenue in 2019.
Silver, Palladium, Platinum, Gold, Others in the Global Precious Metal Powders and Flakes Market:
The Global Precious Metal Powders and Flakes Market is segmented based on the type of precious metal. These include silver, palladium, platinum, gold, and others. Silver is a highly conductive metal that is often used in electronics and solar panels. Palladium is a rare and lustrous silvery-white metal, used in many types of manufacturing processes. Platinum is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. It's used in jewelry, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and catalytic converters. Gold is a dense, soft, shiny, malleable, and ductile metal. It is a chemical element with the symbol Au and atomic number 79. It is used in jewelry, electronics, and for investment purposes. Other types of precious metals include rhodium, ruthenium, iridium, and osmium.
Photovoltaic, Electronics, Others in the Global Precious Metal Powders and Flakes Market:
The Global Precious Metal Powders and Flakes Market finds its application in various sectors such as Photovoltaic, Electronics, and others. In the Photovoltaic sector, precious metal powders and flakes are used in the production of solar panels. They are used in the conductive pastes that form the contacts on solar cells. In the Electronics sector, these materials are used in a variety of components including connectors, switches, and relays. They are also used in the production of thick-film and thin-film circuits. Other applications of precious metal powders and flakes include use in the automotive industry, in the production of catalysts, and in various types of coatings.
Global Precious Metal Powders and Flakes Market Outlook:
To rephrase the market outlook, the Global Precious Metal Powders and Flakes Market was worth US$ 2998.3 million in 2022. It is projected to grow to US$ 3722.2 million by 2029, which represents a CAGR of 3.1% during the forecast period of 2023-2029. TANAKA is the leading company in this market, accounting for about 45.05% of the market revenue in 2019.
| Report Metric | Details |
| Report Name | Precious Metal Powders and Flakes Market |
| Accounted market size in 2022 | US$ 2998.3 in million |
| Forecasted market size in 2029 | US$ 3722.2 million |
| CAGR | 3.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | TANAKA, Ames Goldsmith, DuPont, Technic, Johnson Matthey, Cermet, Tongling Nonferrous Metals, Fukuda, DOWA Hightech, Mitsui Kinzoku, CNMC Ningxia Orient, Shoei Chemical, Yamamoto Precious Metal, MEPCO, Shin Nihon Kakin, AG PRO Technology, Nonfemet, Tokuriki Honten, Ningbo Jingxin, Changgui Metal Powder, Yunnan Copper, Jiangsu Boqian |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
