Global Precious Metal Recycling Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
According to our (Global Info Research) latest study, the global Precious Metal Recycling market size was valued at US$ 79860 million in 2024 and is forecast to a readjusted size of USD 117480 million by 2031 with a CAGR of 5.9% during review period.
Precious Metal Recycling refers to the process of recovering valuable metals like gold, silver, platinum, palladium, and rhodium from products that have reached the end of their life cycle. These metals are typically found in electronics, jewelry, automotive catalysts, and industrial equipment. The recycling process involves collecting, sorting, refining, and processing these materials to extract and purify the precious metals, which can then be reused in new products.
Major global precious metal recycling companies include Heraeus, Umicore, Tanaka, Asahi Holdings and Dowa Holdings. The United States is the largest recycling market, followed by Europe and China.
As environmental concerns rise, there's increasing pressure on industries to reduce mining activities and focus on recycling. Governments worldwide are enforcing stricter regulations on waste management, promoting the recycling of precious metals to minimize environmental impact.
Precious metals have high economic value, making recycling an attractive option for industries looking to reduce costs. The market prices for metals like gold and platinum remain strong, driving demand for recycled materials.
Improved recycling technologies have made the extraction of precious metals more efficient and cost-effective, increasing the overall supply of recycled metals.
The electronics industry, particularly in the production of smartphones, laptops, and other consumer devices, is a major consumer of precious metals. Additionally, the automotive industry uses precious metals in catalytic converters and electric vehicle components, further driving the need for recycled materials.
Europe and North America have mature recycling industries due to strong environmental regulations and well-established infrastructure. In contrast, Asia-Pacific, particularly China and India, is rapidly expanding its recycling capabilities, driven by industrial growth and increasing awareness of sustainability.
This report is a detailed and comprehensive analysis for global Precious Metal Recycling market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Precious Metal Recycling market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Precious Metal Recycling market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Precious Metal Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Precious Metal Recycling market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Precious Metal Recycling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Precious Metal Recycling market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Umicore, PX Group, Materion, Sims Lifecycle Services, Johnson Matthey, Abington Reldan Metals, Tanaka, Dowa Holdings, Heraeus, Sino-Platinum Metals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Precious Metal Recycling market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Silver (Ag)
Gold (Au)
Platinum Group Metals
Market segment by Application
Jewelry
Catalyst
Electronics
Battery
Others
Major players covered
Umicore
PX Group
Materion
Sims Lifecycle Services
Johnson Matthey
Abington Reldan Metals
Tanaka
Dowa Holdings
Heraeus
Sino-Platinum Metals
Asahi Holdings
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Precious Metal Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Precious Metal Recycling, with price, sales quantity, revenue, and global market share of Precious Metal Recycling from 2020 to 2025.
Chapter 3, the Precious Metal Recycling competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Precious Metal Recycling breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Precious Metal Recycling market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Precious Metal Recycling.
Chapter 14 and 15, to describe Precious Metal Recycling sales channel, distributors, customers, research findings and conclusion.