The Global High Purity Base Metals Market was valued at USD 320.11 billion in 2019 which is expected to reach 397.22 billion by 2027 t a CAGR 2.4%.
Purity of base metals is available in various grades such as 99.99%. In order to achieve a high level of purity, metals have to undergo various processing steps. For example, high purity aluminum is achieved via three layer electrolysis. Aluminum registered for the largest volume share in the high purity aluminum market across the globe.
Market Drivers
The increase in demand for high purity base metals from industries like consumer goods, transportation, electronics, and construction is expected to augment the global high purity base metals market growth during this forecast period. Furthermore, the demand for high purity base metals is anticipated to stabilize in near future due to their propelling demand from end use industries such as Building & Construction, Industrial Machinery & Equipment, Transportation, Electrical & Electronics, and Others. The North America is a significant market for high purity metals, considering the establishment of end use industries in this region. Moreover, the rise in demand for electric vehicles is anticipated to prove beneficial for base metals demand over the forecast period.
Market Restraints
Stringent government regulations and policies will hamper the global high purity base metals market growth. Also, the increase in COVId-19 pandemic across the globe is major a restraint which expected to limit the growth of high purity base metals marker over the forecast period.
Market Segmentation
The Global High Purity Base Metals Market is segmented into product such as Zinc, Lead, Aluminum, and Copper. Furthermore, market is segmented into end-use such as Building & Construction, Industrial Machinery & Equipment, Transportation, Electrical & Electronics, and Others.
Also, Global High Purity Base Metals Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are listed in this report such as Boliden Group, BHP, Aluminum Corporation of China Limited, Codelco, KGHM Polska Miedź S.A, Norsk Hydro ASA, Rio Tinto, Nyrstar, and Sumitomo Chemical.
Market Taxonomy
By Product
By End Use
By Region
Key Questions Addressed by the Report
Purity of base metals is available in various grades such as 99.99%. In order to achieve a high level of purity, metals have to undergo various processing steps. For example, high purity aluminum is achieved via three layer electrolysis. Aluminum registered for the largest volume share in the high purity aluminum market across the globe.
Market Drivers
The increase in demand for high purity base metals from industries like consumer goods, transportation, electronics, and construction is expected to augment the global high purity base metals market growth during this forecast period. Furthermore, the demand for high purity base metals is anticipated to stabilize in near future due to their propelling demand from end use industries such as Building & Construction, Industrial Machinery & Equipment, Transportation, Electrical & Electronics, and Others. The North America is a significant market for high purity metals, considering the establishment of end use industries in this region. Moreover, the rise in demand for electric vehicles is anticipated to prove beneficial for base metals demand over the forecast period.
Market Restraints
Stringent government regulations and policies will hamper the global high purity base metals market growth. Also, the increase in COVId-19 pandemic across the globe is major a restraint which expected to limit the growth of high purity base metals marker over the forecast period.
Market Segmentation
The Global High Purity Base Metals Market is segmented into product such as Zinc, Lead, Aluminum, and Copper. Furthermore, market is segmented into end-use such as Building & Construction, Industrial Machinery & Equipment, Transportation, Electrical & Electronics, and Others.
Also, Global High Purity Base Metals Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are listed in this report such as Boliden Group, BHP, Aluminum Corporation of China Limited, Codelco, KGHM Polska Miedź S.A, Norsk Hydro ASA, Rio Tinto, Nyrstar, and Sumitomo Chemical.
Market Taxonomy
By Product
- Zinc
- Lead
- Aluminum
- Copper
By End Use
- Building & Construction
- Industrial Machinery & Equipment
- Transportation
- Electrical & Electronics
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global High Purity Base Metals Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Frequently Asked Questions about the Global High Purity Base Metals Market
What is the estimated value of the Global High Purity Base Metals Market?
What is the growth rate of the Global High Purity Base Metals Market?
What is the forecasted size of the Global High Purity Base Metals Market?
Who are the key companies in the Global High Purity Base Metals Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 253 |
| Published | March 2021 |
| Forecast Period | 2017 - 2027 |
| Estimated Market Value ( USD | $ 320.11 Billion |
| Forecasted Market Value ( USD | $ 397.22 Billion |
| Compound Annual Growth Rate | 2.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global High Purity Base Metals Market Outlook
5 Global High Purity Base Metals Market, By Product
6 Global High Purity Base Metals Market, By End Use
7 Global High Purity Base Metals Market, By Region
8 North America High Purity Base Metals Market Analysis and Forecast (2020 – 2027)
9 Europe High Purity Base Metals Market Analysis and Forecast (2020 – 2027)
10 Asia Pacific High Purity Base Metals Market Analysis and Forecast (2020 – 2027)
11 Latin America High Purity Base Metals Market Analysis and Forecast (2020 – 2027)
12 Middle East High Purity Base Metals Market Analysis and Forecast (2020 – 2027)
13 Competitive Analysis
14 Company Profiles
Companies Mentioned
- Boliden Group
- BHP
- Aluminum Corporation of China Limited
- Codelco
- KGHM Polska Mied? S.A
- Norsk Hydro ASA
- Rio Tinto
- Nyrstar
- Sumitomo Chemical
