The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market. Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future. The fluoroelastomers market report emphasizes on: Superior insights into all market Valuable data about eminent players Emerging trends Regional Insights Market drivers and restraints Latest developments Market Driver: Surging Demand for Fuel-Efficient Vehicles to Incite Development The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future. Halt on Manufacturing Activities to Reduce Demand Amid COVID-19 The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic. Regional Analysis: Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region. Key Development: October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries. The Report Lists the Key Players in the Global Market Solvay S.A. (Belgium) The Chemours Company (U.S.) Daikin Industries Ltd. (Japan) 3M (U.S.) AGC, Inc. (Japan) Shin-Etsu Chemical Co., Ltd. (Japan) Eagle Elastomer Inc. (U.S.) HaloPolymer (Russia) James Walker & Co. (UK) Air Boss Rubber Solutions (Canada) Dynafluon (India) Other Players

The global graphene market size was valued at USD 269.6 million in 2021. The market is projected to grow from USD 337.0 million in 2022 to USD 2,172.2 million by 2029, exhibiting a CAGR of 30.5% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Graphene Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/graphene-market-102930 Segments: GO Segment to Gain Momentum due to Increasing Applications from Various End-use Industries Based on product, the market is segmented into graphene oxide (GO), graphene nanoplatelets (GNP), and others. GNP accounted for the largest market share in 2021 and is expected to continue its dominance until 2029. Aerospace & Defense Segment to Hold a Significant Share Owing to Extensive Adoption of Material In terms of end-use industry, the market is classified into electronics, aerospace & defense, automotive, energy, and others. Graphene is revolutionizing the aerospace industry as it improves the functionality of the coatings and composites used in planes, drones, helicopters, and spaceships manufacturing. Geographically, the market is segregated into North America Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights, which guide business owners with their investment perspective. Drivers and Restraints: Growing Product Penetration in the Electronics Industry to Aid Growth Owing to it exceptionally high thermal and electrical conductivity and its lightweight nature, it is preferably suitable for electronics applications. The electrons in this allotrope of carbon have higher mobility, and therefore speed up more when applied on an electric field, as compared to semiconductors that are extensively employed in electronic devices, including silicon. Owing to these properties, it produces more proficient devices that function faster than traditional substitutes while using less power. Regional Insights: Asia Pacific to Dominate Backed by Favorable Government Policies Asia Pacific held the largest graphene market share and is anticipated to dominate the market during the forecast period, owing to favorable policies by the government, academic research, and funding in the region. The market in the North America region is estimated to witness significant growth, owing to growing demand from the aerospace and energy industries, as well as high demand for eco-friendly, strong, efficient, and lightweight goods, driving the graphene market growth in the region. The market in Europe is anticipated to witness a significant growth rate and may continue its dominance during the forecast period owing to increasing investments in R&D activities. Competitive Landscape: Partnerships among Companies to Secure their Brand Values in Global Market Prominent players in the market are constantly opting for effective strategies to promote their products and establish their positions in the market. One such strategy is to launch new products by partnering with other companies to extend their reach to end-users. Key Industry Development: July 2022: Graphenea and Grapheal joined forces to quicken study on biosensors with GraphLAB, a graphene-based product. GraphLAB is a next-gen assessment method for protein disease and screening detection. List of Key Players Mentioned in the Report: Haydale Graphene Industries plc (U.K.) Graphenea (U.S.) ACS Material (U.S.) XG Sciences (U.S.) Global Graphene Group (U.S.) Applied Graphene Materials (U.K.) Grolltex Inc (U.S.) Directa Plus S.p.A (Italy) NanoXplore Inc. (Canada) Thomas Swan & Co. Ltd. (K.) First Graphene (Australia) Talga Group (Australia) Graphite Central (U.S.)

The polymer foam market size was valued at USD 114.88 billion in 2019. It is projected to grow to USD 157.63 billion by 2027 at a CAGR of 7.73% during the forecast period. The market is thriving at an exponential rate due to its excellent properties in the manufacturing of flooring products and insulation panels. Fortune Business Insights™ stated this in a report titled, "Polymer Foam Market, 2021-2028." IInformation Source- https://www.fortunebusinessinsights.com/industry-reports/polymer-foam-market-101698 Segmentation- Growing Demand for Bedding ProductsSpurs PolyurethaneSegment On the basis of type, the market is classified into polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), polystyrene (PS), and others. The polyurethane segment will dominate due to increasing demand for bedding products and viscoelastic foam for making mattresses. Rise in Residential Constructional Activities Surge demand in Building & construction segment In terms of application, the market is categorized into packaging, furniture, appliances, automotive, building & construction, and apparel. The building & construction segment will gain traction due to a rise in residential constructional activities to make building designs classier. Report Coverage The report provides insights into the regional analysis covering different regions, contributing to the market's growth. The report includes qualitative and quantitative analysis of several factors, such as the key drivers and restraints that will impact the market. Adopting strategies by major players to introduce partnerships, collaboration, and new products will contribute to the market's growth. Drivers and Restraints Increasing Stress Level among the Students and Working Classto Stimulate Product Demand The rise in the global geriatric population has surged a demand for memory foam-based bedding products such as cushions and mattresses. Another reason that surged the need for the product is the increasing stress level among the students and working-class individuals to relax the muscles strain. Meanwhile, due to its non-biodegradable nature, it could hamper the polymer foam market growth. Regional Insights Growing Awareness about Energy Security Nurtures Growth in North America Asia Pacific held the significant polymer foam market share and is expected to lead the global market during the projection period due to the increased disposable income and rising demand from various applications such as construction and packaging. Europe has projected remarkable growth across regions during the forecast period due to the growing demand for the product in furniture and packaging applications for better interior design. The Middle East & Africa is expected to contribute to sluggish growth due to the lack of production of foams across the regions to meet the local demand. Competitive Landscape Partnerships among Renowned Companies to Grow Its Client Base Leading companies will likely invest in R&D activities, technological advancements, and product rollouts to expand their geographical presence. With soaring investments in innovation and advanced design, stakeholders could inject funds into mergers and acquisitions. Industry Developments: March 2019: Sika AG acquired Belineco LLC with an aim to develop and manufacture polyurethane foams to grow its client base. List of the Companies Profiled in the Polymer Foam Market: Synthos (Poland) Sekisui Alveo (Switzerland) KANEKA CORPORATION (Japan) Toray (Japan) BASF SE (Germany) Sealed Air (U.S.) Arkema (France) Armacell International S.A. (Germany)

The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market. Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future. The fluoroelastomers market report emphasizes on: Superior insights into all market Valuable data about eminent players Emerging trends Regional Insights Market drivers and restraints Latest developments Market Driver: Surging Demand for Fuel-Efficient Vehicles to Incite Development The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future. Halt on Manufacturing Activities to Reduce Demand Amid COVID-19 The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic. Regional Analysis: Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region. Key Development: October 2019: Solvay expanded its production capacity of Tecnoflon FKM peroxide curable fluoroelastomer by 30% at its plant in Spinetta Marengo, Italy, to cater to the rising demand for high-performance sealing applications in the automotive, oil & gas, and semiconductor industries. The Report Lists the Key Players in the Global Market Solvay S.A. (Belgium) The Chemours Company (U.S.) Daikin Industries Ltd. (Japan) 3M (U.S.) AGC, Inc. (Japan) Shin-Etsu Chemical Co., Ltd. (Japan) Eagle Elastomer Inc. (U.S.) HaloPolymer (Russia) James Walker & Co. (UK) Air Boss Rubber Solutions (Canada) Dynafluon (India) Other Players

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. 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.

The global glass curtain wall market size is projected to reach USD 71.14 billion by 2027, exhibiting a CAGR of 7.3% during the forecast period. Increasing foreign direct investment (FDI) in commercial construction projects in developing economies will be a powerful driving force for the market, postulates Fortune Business Insights™ in its report, titled “Glass Curtain Wall Market Size, Share & Industry Analysis, By Product Type (Stick-built, Unitized and other), By Application (Commercial buildings and Residential buildings), and Regional Forecast, 2020-2027”. Information Source- https://www.fortunebusinessinsights.com/glass-curtain-wall-market-103912 Emerging economies in Asia and Africa are growing at a furious pace, which is creating enormous investment opportunities, particularly in the real estate sector, for investors and companies in the developed nations. With a view to attract investments, governments in these countries are simplifying processes and policies to create a friendly investment climate. For example, in India, the central government is contemplating allowing 100% FDI in completed real estate projects amid the COVID-19 pandemic. India already allows 100% FDI via the automatic route in construction development projects. Large investments in commercial and residential construction projects will naturally generate high demand for premium building aesthetics such as glass curtain wall systems, which will fuel the market growth. As per the report findings, the global market value stood at USD 48.06 billion in 2019. The main highlights of the report include: Actionable insights into the factors driving, constraining, and shaping the growth of the market; Comprehensive analysis of the key market segments; Exhaustive research into the regional developments impacting the market; and Detailed profiling and careful assessment of the key market players and their strategies. Market Restraint Contracting Construction Activities Worldwide amid COVID-19 to Truncate Growth Construction projects around the globe have hit a rock as governments in several countries have been imposing strict lockdown and social distancing measures to contain the spread of the coronavirus. The UK-based Royal Institution of Chartered Surveyors (RCIS) reported in August 2020 that 25% of construction projects, globally, had come to a halt in the second quarter of 2020, with on-site productivity falling by 12%. Furthermore, the RCIS estimated that overall growth in construction activities was -24% in the second quarter. Projects delays and cancellations look imminent and this will inevitably stymie the glass curtain wall market growth as builders and developers are unlikely to invest in and adopt high-end aesthetics such as glass curtain walls for their constructions. In the residential sector, diminished sentiments and economic downturn, especially in developing nations, will further inhibit investments in costly structural enhancements, which in turn affect the health of this market. Regional Insights Asia Pacific to Command the Market Share Backed by Strong Growth in Construction Asia Pacific dominated the glass curtain wall market share in 2019, boasting a market size of USD 20.04 billion. The singular reason for the region’s commanding position in the global market is the robust growth of the construction industry in India, China, Thailand, and Vietnam. The market in Europe is expected to perform impressively as commercial constructions in Eastern European countries are rapidly increasing. In addition, the construction industry in the UK in thriving, bolstering the regional market growth. In the Middle East & Africa region, the market will be led by the rich countries in the Gulf Cooperation Council (GCC), who are looking to diversify their economies by promoting sectors other than oil & gas.

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. 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 the 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, the 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 Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific 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 America 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. 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. 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 adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.

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. 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 the 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, the 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 Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific 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 America 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.