Global Silver Recycling Supply, Demand and Key Producers, 2023-2029

Global Silver Recycling Supply, Demand and Key Producers, 2023-2029

The global Silver Recycling market size is expected to reach $ 5316.3 million by 2029, rising at a market growth of 3.9% CAGR during the forecast period (2023-2029).

Global key players of silver recycling include Heraeus, Tanaka, Umicore, Johnson Matthey, Dowa Holdings, etc. The top five players hold a share over 30%.

North America is the largest market, has a share about 27%, followed by Europe, and China, with share 24% and 19%, separately.

In terms of product type, industrial source is the largest segment, occupied for a share of 55%, and in terms of application, industrial has a share about 54 percent.

Silver recycling is precious silver extracted from used metal products, such as jewellery, industrial scrap and end-of-life applications such as electronic and electrical scrap. Once the silver is separated from the other metals it is mixed with, it is melted down and reused to make new silver products.

Silver is generally known for its use in coins, silverware and of course jewellery. However, today these account for less than 50% of all silver consumption. In fact, silver has a whole host of unique properties that has rendered it the ideal material for a number of industrial uses.

Of all the metals, silver is the best thermal and electrical conductor, is both malleable and ductile, able to be flattened into fine sheets and drawn out into thin, flexible wires, and it is also resistant to corrosion and oxidation. For these reasons it is extremely valuable in industrial and electrical applications. On top of this, silver is anti-microbial as well as non-toxic which makes it useful in medicine and a number of consumer products. Also, with the recent discovery of nano-silver, the white metal has expanded into home appliances.

This report studies the global Silver Recycling demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Silver Recycling, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Silver Recycling that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Silver Recycling total market, 2018-2029, (USD Million)

Global Silver Recycling total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Silver Recycling total market, key domestic companies and share, (USD Million)

Global Silver Recycling revenue by player and market share 2018-2023, (USD Million)

Global Silver Recycling total market by Type, CAGR, 2018-2029, (USD Million)

Global Silver Recycling total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Silver Recycling market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Heraeus, Tanaka, Umicore, Johnson Matthey, JBR recovery, Sino-Platinum Metals, Asahi Holdings, Abington Reldan Metals and Sims Recycling Solutions, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Silver Recycling market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Silver Recycling Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Silver Recycling Market, Segmentation by Type
Industrial Source
Jewelry Source
Silverware Source
Photographic Source
Others

Global Silver Recycling Market, Segmentation by Application
Industrial
Jewelry
Physical Investment
Others

Companies Profiled:
Heraeus
Tanaka
Umicore
Johnson Matthey
JBR recovery
Sino-Platinum Metals
Asahi Holdings
Abington Reldan Metals
Sims Recycling Solutions
Dowa Holdings
PX Group
Materion

Key Questions Answered

1. How big is the global Silver Recycling market?

2. What is the demand of the global Silver Recycling market?

3. What is the year over year growth of the global Silver Recycling market?

4. What is the total value of the global Silver Recycling market?

5. Who are the major players in the global Silver Recycling market?