Silver is a precious metal, with a high stored value function, but also can combat social inflation, there is room for appreciation.
Silver is not only the main material of all kinds of silverware and jewelry, but also widely used in electronic, chemical and pharmaceutical industries because of its excellent electrical conductivity and thermal conductivity. Under the call of global energy saving, environmental protection and low-carbon life, the application of silver in emerging industries such as photovoltaic, antibacterial technology and rechargeable batteries is considered to be the third value revolution of silver.
Compared with traditional cars, new energy vehicles need to use more electrical contacts and silver-containing products. At the same time, the continuous electrification of the automobile industry has also led to the growth of silver consumption. In 2030, silver consumption in the field of electric vehicles will reach 2177 tons.
With the acceleration of 5G commercial and new energy development, China's photovoltaic and electronics industry has developed rapidly, and the demand for conductive silver paste continues to rise. the market demand of China's conductive silver paste industry will reach 4853 tons in 2019. It is estimated that the demand will reach 8679 tons by 2025.
The wide application of the demand of 5G, medical, aviation, electronics and other emerging industries determines that the demand potential of silver is huge. China's silver consumer market contains huge business opportunities in the future. SMM brings together customers from the upper and lower reaches of the whole silver industry chain to create a Chinese silver event. We look forward to your joining us.
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Contact us at the meeting:
Zhou Zhiqiang: 021-51595848 Mobile: 18563857007 email: zhouzhiqiang@smm.cn
Yuan Kun: 021-51595853 Mobile: 18660055174 email: yuankun@smm.cn
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