Precious metal refining market is anticipated to grow at a CAGR of 7.2% during the forecast period (2023-2030). Precious metal refining involves purifying impure materials to isolate and extract their precious metal content. This process is used to separate precious metals from products or by-products such as electronic, dental, industrial, or jewelry scrap, returning them to their pure states. Jewelers and manufacturers work with precious metals, cutting, drilling, filling, and shaping them to create treasured pieces for their customers. During these processes, small bits and pieces of gold, silver, palladium, and other precious metals are left behind on work surfaces, benches, floors, and other spaces. Often, this leftover precious metal dust and scrap is unintentionally discarded, representing real money that can be reclaimed thrown refining and reusing.
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Precious Metal Refining Market Segmentation
By Type
- Gold
- Silver
- Platinum
- Other (Palladium, Rhodium, Iridium, and Ruthenium)
By Category
- Jewellery
- Precious Metal Scrap
- Mine Concentrates
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Abington Reldan Metals
- Asahi Holdings
- Dowa Holdings
- Dukia Gold & Precious Metals Refining Co. Ltd.
- Evonik Industries
- Globe Metal
- Heraeus
- Materion
- Mid-States Recycling and Refining
- Pease and Curren
- PMRS
- PX Group
- Sims Recycling Solutions
- Sino-Platinum Metals
- Tanaka
- Umicore
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