Global Silver (Demand, Supply & Production) Markets 2021-2025 - Increasing Use of Silver in Auto Sector / Growing Consumption of Silver Nanoparticles / Upsurge in Silver Consumption in the U.S.
Share this article Share this article ResearchAndMarkets.com's offering. The global silver demand is expected to reach 1,155 million ounces in 2025, growing at a CAGR of 2.98%, for the time period of 2021-2025. While the silver supply is likely to be recorded as 1,062 million ounces in 2025, increasing at a CAGR of 1.26%, during 2021-2025. The factors such as rising sales of jewellery & silverware, growing demand for solar photovoltaic, rising use of silver oxide batteries, increasing manufacturing of electrical equipment and expansion of dental services would drive the growth of the market. ...
Source: prnewswire.com