Global Precious Metal Recovery Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Precious Metal Recovery Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Precious Metal Recovery market size was valued at USD 135.8 million in 2023 and is forecast to a readjusted size of USD 184.8 million by 2030 with a CAGR of 4.5% during review period.

Precious metals recovery can be successfully made from waste, considered to be secondary sources of raw material.The recovery of precious and rare metals, such as gold, platinum, ruthenium, rhodium, palladium, and iridium. The process is used to extract metals from mining tailings, recovering expensive catalysts and metals from used electronics devices, is an extremely corrosive process.

The global market for precious metal recovery refers to the industry associated with the extraction and recycling of precious metals from various sources. Precious metals such as gold, silver, platinum, and palladium are highly valued for their rarity and various industrial applications. Precious metal recovery involves the extraction and processing of these metals from sources such as electronic waste, catalytic converters, jewelry scrap, mining tailings, and industrial waste. The market for precious metal recovery has been growing due to several factors. Firstly, the increasing awareness about the environmental impact of mining and the depletion of natural resources has led to a greater emphasis on recycling and recovery. Recovering precious metals from waste materials helps reduce the dependence on primary mining and minimizes environmental damage. Additionally, the rising prices of precious metals have made their recovery economically viable. The fluctuating prices of gold and other precious metals have increased the interest in recycling and reusing these metals to meet the demand. According to a report by Grand View Research, the global precious metal recovery market size was valued at USD 21.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028. The market growth can be attributed to the increasing demand for precious metals, stringent regulations on e-waste disposal, and the growing emphasis on sustainable practices. Geographically, North America dominates the global precious metal recovery market, followed by Europe. Both regions have stringent regulations on waste management and promote recycling practices. Asia Pacific is also a significant market, driven by the presence of a large electronic waste generation and the growth of industrial sectors. Key players in the global precious metal recovery market include Umicore N.V., Heraeus Holding GmbH, Boliden AB, Materion Corporation, and Johnson Matthey PLC, among others. These companies specialize in the extraction, refining, and recycling of precious metals and invest in technological advancements to improve the efficiency of recovery processes.

The Global Info Research report includes an overview of the development of the Precious Metal Recovery industry chain, the market status of Industrial (Silver (Ag), Gold (Au)), Medical Industry (Silver (Ag), Gold (Au)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Precious Metal Recovery.

Regionally, the report analyzes the Precious Metal Recovery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Precious Metal Recovery market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Precious Metal Recovery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Precious Metal Recovery industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Silver (Ag), Gold (Au)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Precious Metal Recovery market.

Regional Analysis: The report involves examining the Precious Metal Recovery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Precious Metal Recovery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Precious Metal Recovery:

Company Analysis: Report covers individual Precious Metal Recovery players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Precious Metal Recovery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial, Medical Industry).

Technology Analysis: Report covers specific technologies relevant to Precious Metal Recovery. It assesses the current state, advancements, and potential future developments in Precious Metal Recovery areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Precious Metal Recovery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Precious Metal Recovery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Silver (Ag)
Gold (Au)
Platinum Group Metals

Market segment by Application
Industrial
Medical Industry
Consumer Goods
Others

Market segment by players, this report covers
Umicore
PX Group
Materion
Sims Recycling Solutions
Johnson Matthey
Abington Reldan Metals
Tanaka
Dowa Holdings
Heraeus
Sino-Platinum Metals
Asahi Holdings
US Ecology
Arch Enterprises
Avanti (Tradebe)
BASF
JBR Recovery
Enviro-Chem
Gannon & Scott
Harsco
Kaug Refinery
Metallix Refining

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Precious Metal Recovery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Precious Metal Recovery, with revenue, gross margin and global market share of Precious Metal Recovery from 2019 to 2024.

Chapter 3, the Precious Metal Recovery competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Precious Metal Recovery market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Precious Metal Recovery.

Chapter 13, to describe Precious Metal Recovery research findings and conclusion.