Market Snapshot:
Recycled Precious Metal is a process of recycling of all raw materials and scraps containing precious metals like gold, silver, palladium, rhodium, platinum and others. Precious metals are frequently used to make jewellery, but they are also widely used in a variety of industrial applications, including those in the aerospace, medical, electronics, chemical, and catalyst industries. These applications are due to their excellent oxidation and corrosion resistance, strong electrical and thermal conductivity, flexibility, and catalytic activity. Most importantly, precious metals can be recycled indefinitely.
Highlights from Recycled Precious Metal Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Tanaka Kikinzoku Group (Japan), Heraeus (Germany), Silverteam Recycling (Germany), Betts Metal Sales (United Kingdom), Materion (United States), Umicore (Belgium), Chidoya Corporation (Japan), Metallix Refining (United States) and Mairec (Germany).
Geographic Breakdown and Segment Analysis
The Global Recycled Precious Metal market presents a comprehensive analysis of the Recycled Precious Metal market by end-user/application (Jewelry manufacturing, Telecommunications, Printing industry, Printed circuit boards, Medical devices, Dental lab and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Recycled Precious Metal industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Recycled Precious Metal market
Analyst at AMA have segmented the market study of Global Recycled Precious Metal market by Type, Application and Region.
Recycled Precious Metal Market Dynamics:
Attributes | Details |
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Growth Drivers | - Demand in Jewellery Making and Designing
- Increasing Demand in Automobile, Electronic and Various Sectors
- Demand in Advanced Laboratory Testing Equipment
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Influencing Trends | - Innovation of New Electronic Devices
- Innovation in Healthcare Infrastructure
- Rapid Production Of Equipment For Fiberglass And Glass Fibers
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Restraints | - High Treatment and Refining Charges of Precious Metals
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Gaps & Opportunities | - Growth in Chemical Engineering and Infrastructure
- Rapid Adoption of Artificial Intelligence in Metal Recycling Process
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On 8 June 2022, TANAKA Kikinzoku Kogyo K.K. ,Which Operates The TANAKA Precious Metals Manufacturing Business, Announced Today The Launch Of Its RE Series Of Recycled Precious Metals, Which Uses 100% Recycled Materials As The Source Of Gold, Platinum, And Other Precious Metals.
The market for Recycled Precious Metal is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others