Precious Metals Production in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Precious Metals Production Market Research Report | SIC C24.410 | Mar 2014

Going for gold: Revenue to expand as demand from motor vehicle manufactures increases

IBISWorld’s Precious Metals Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Baird & Co Ltd Baird & Co Ltd market share
JBR Recovery Ltd JBR Recovery Ltd market share
Johnson Matthey Plc Johnson Matthey Plc market share
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The main products manufactured by the Precious Metals Production industry are refined silver, platinum and gold. Platinum sales are heavily influenced by the automotive industry where it is used to manufacture catalytic converters. Gold and silver are both used for jewellery manufacturing and for investment purposes, though silver has many other industrial uses as well. The industry's performance has been highly volatile over the past few years, reflecting dramatic shifts in world prices of precious metals, declining industry participation and unsteady demand from downstream markets. The industry is expected to generate revenue of £1.27 billion in 2013-14, compared with £1 billion in 2008-09. This equates to compound annual revenue growth of 4.8% over the five-year period... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Precious Metals Production industry has a high level of market share concentration. The four largest operators in the industry are expected to have a combined market share of 83.6% in 2013-14. However, market share is heavily skewed towards the leading two operators, Johnson Matthey plc and Baird & Co Ltd, which together account for an estimated 72.1% of industry revenue. Considerable losses made recently by the two market leaders means they have recently conceded ground to smaller competitors over the past two years, though this is an uncommon occurrence.

Outside of the two major players, the industry is characterised by many small, locally run firms. This is demonstrated by 83.4% of industry firms employing fewer than 10 people... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Precious Metals Production Industry?

Firms in this industry refine precious metals like gold, silver and platinum. They also produce precious metal alloys and offer plating services.

Industry Products
Refined gold and gold alloysRefined silver and silver alloysRefined platinum group metals and associated alloys
Industry Activities
Refining precious metals Recycling precious metalRolling or plating base metal with precious metalprecious metal alloys

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