Gold Smelting Market - Global Industry Analysis, Size,
Share, Growth, Trends And Forecast, 2013 - 2019
Metal
smelting is a process of extracting metal from its ore which is mixed with heat
generating or purifying substances such as coke or limestone. Smelted or pure
gold finds its application in various fields such as medical, dental,
electronics and industrial application. While purchasing gold ore, investors
are buying the insignificant material that sticks to pure gold. If buying gold
as an asset, it is a better to purchase smelted gold. Along with melting gold
into bar, smelter removes the impurities from gold using heat, pressure and
certain chemicals. Hence, private and institutional investors who invest in
gold coins, scrap gold and gold dust prefer gold smelting.
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TOC:-
The
demand for pure or smelted gold is extensively scattered around the world.
The U.S., India, Turkey, and greater China which includes China, Hong
Kong and Taiwan accounted for approximately over half of the global consumption
in the last three years. Rapid socio-economic and demographic changes in the
developing countries are also expected to turn out new patters of demand for
smelted gold over the forecast period. Jewellery has constantly been the
largest segment of overall gold consumption. In addition, private and
institutional investors represent largest source of smelted gold.
Some
of the key participants in gold smelting market include Chenzhou Mining Group
Co. Ltd., Aida Chemical Industries Co. Ltd., Ronghua Industry Group Co. Ltd.,
Materion, Metalor USA refining corporation, Johnson Matthey Ltd., Chongjin Gold
Corporation Ltd., Ohio precious metals LLC, Shandong Gold Mining Co.Ltd., OJSC
Kolyma Refinery, Gannon and Scott, Yuyuan Tourist Mart Zijin Mining Group Co.
Ltd., Global Advanced Metals and Hengbang Smelting Corporation among others.
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This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest of the
World
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