5 Most Popular Latest Reports on Metals Market
24 Jun 2021 • by Natalie Aster
LONDON – Market Publishers has a great collection of in-demand research reports covering the metals market, which is regularly replenished with cutting-edge studies. Our experts have prepared a selection of the 5 most popular latest reports featuring the metals market available at MarketPublishers.com:
The world’s refined copper production volume is projected to reach 27.61 million tonnes in 2025, growing at a CAGR of 2.94% during 2021-2025. Factors such as the increasing copper annual capacity in the renewable energy sector, rising use of copper in smart home appliances, ongoing expansion of construction industry, increasing manufacturing of electrical equipment, and growth in scrap copper supply are poised to propel the growth of the refined copper industry in the next 5 years. However, the market growth will likely be restrained by a decline in copper ore grades and enhancing concerns regarding growing mineral waste from the copper industry…
The world’s special steel market was valued at USD 198.87 billion last year. Worldwide, steel prices have been increasingly volatile and unpredictable in recent years and the Covid-19 pandemic has not contributed to the price stabilization. Steel demand started to show signs of improvement in early 2020 after a challenging second half of 2019 but soon faced severe headwinds due to the coronavirus outbreak. Increasing requirements and soaring demand for improved materials and energy efficiency as well as for the productivity, are important factors driving the consumption of high-strength steels, which provide advantages in the form of stronger, lighter, and more durable steel solutions. In emerging markets, including Africa, the Middle East, Latin America, and Asia, where the use of high-strength steels is still relatively low, the market potential for high-strength steels is even higher than in mature markets like Europe and North America…
The global demand for silver is predicted to exceed 1.15 billion ounces in the year 2025, exhibiting growth at a modest CAGR of 2.98% during 2021-2025. Meantime, the global silver supply is set to cross 1.06 billion ounces in 2025, increasing at a 1.26% CAGR through 2025. The world’s silver market is poised to be driven by such factors as rising sales of jewelry and silverware, mounting demand for solar photovoltaic, growing use of silver oxide batteries, increasing manufacturing of electrical equipment, and ongoing expansion of the dental services sector…
The global aluminum market is slated to reach the value of USD 176.96 billion in 2024, exhibiting growth at a CAGR of 4.82% over 2020-2024. The factors such as rapid industrialization and urbanization, increased demand for flat-rolled aluminum, high focus on recycled aluminum, and ongoing expansion of primary aluminum smelter capacity are poised to drive the market growth in the next 4 years. Asia-Pacific is predicted to register the highest growth rates among regional aluminum markets through 2024, majorly due to improving economic conditions, increasing smartphone consumption, and the growing number of aluminum smelters in the region…
The volume of the global nickel production is supposed to reach 2.76 million tons in 2024, growing at a CAGR of 2.92% between 2020 and 2024. This growth will likely be attributed to such factors as the increasing per capita disposable income, mounting demand for stainless steel, increasing demand for nickel in batteries, and strong demand from the transportation sector. However, the growth of the nickel industry may be restrained by price volatility. Meantime, the soaring popularity of electric vehicles and rising use of nickel in the healthcare sector are poised to create lucrative growth opportunities for the nickel industry in the coming years…
More in-demand research studies covering the metals market can be found in the Metallurgy Market Reports Catalogue.
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