Silver Market - Global Industry Analysis and Forecast 2015 - 2021

Silver Market - Global Industry Analysis and Forecast 2015 - 2021

Persistence Market Research

Silver Market - Global Industry Analysis and

Forecast 2015 - 2021

Persistence Market Research

1

Silver Market - Global Industry Analysis and Forecast 2015 - 2021

Persistence Market Research Released New Market Report on “Silver Market - Global

Industry Analysis and Forecast 2015 - 2021”.

Silver is an element which possesses highest electrical and thermal conductivity as compared to

other metals. Silver is harder than other metals such as gold. It is obtained from ores and native

form. Lead, copper, copper-nickel and lead-zinc are the principal ores from which silver is

extracted. It is also very malleable and ductile. It is considered as one of the precious metals

and is used to make ornaments, coins, jewelry and utensils among others. Silver is used in

various industrial applications such as electroplating and as a catalyst in some of the chemical

reactions. Silver compounds such as silver nitrates are used in various applications such as

biocides and disinfectants. Some of its compounds such as silver iodide, silver chloride, silver

nitrates are also used in paints and coatings especially for anti-microbial coatings.

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The growing consumption for silver was mainly driven by huge demand from the industrial

applications market. The industrial application involves auto catalysts, super capacitors and

water purification among others. Jewelry is anticipated to be the second largest application for

the silver market. Silver is majorly used in ornaments, coins and tableware. Silver finds

application in dentistry where it is used as filler. It is also used in the development of photos.

Silver is also used in electronics, optics & mirrors and medical applications among others. It is

also used in high capacity batteries, cell phones and thick film PV in smaller amounts.

Investments have been one of the...