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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.

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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. However, the market growth would be challenged by volatile prices of silver and environmental impact of silver nanoparticles. ....

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