Precious Metal Recovery and Refining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Precious Metal Recovery and Refining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Metals that are rare, high in demand, and have high economic value are called precious metals. Economic value of precious metals is driven by factors such as their rarity, uses in industrial processes, and investment vehicles. Gold, platinum, and silver are highly popular precious metals for investment purposes. Precious metals are employed in industrial processes, for example iridium, which is used in specialty alloys, and palladium, which is used in electronics and chemical applications. Improvement in the recovery and refining processes of precious metals can result in lower prices. Precious metal recovery and refining equipment is a niche market which requires high investment.

Rise in demand for gold in the fastest growing nations such as India and China, increase in application of precious metals in various electrical and electronic devices, and growth in demand for these metals as investment vehicles are driving the global precious metals market. This, in turn, is expected to fuel the precious metal recovery and refining equipment market during the forecast period.

Based on source of metal, the precious metal recovery and refining equipment market can be classified into metal mining, recovery from waste, and electronic scrap. The recovery from electronic scrap segment is anticipated to expand at a fast pace during the forecast period due to the rise in environment concerns posed by electronic waste.

In terms of type of precious metals, the precious metal recovery & refining equipment market can be divided into rhodium, platinum, gold, ruthenium, iridium, osmium, palladium, rhenium, silver, and indium. Gold, silver, platinum, and palladium are the major segments of the precious metal recovery and refining equipment market.

Based on the type of equipment and system, the precious metal recovery and refining market can be segregated into gold centrifuge gravity concentrator, shaking table, carbon regeneration kilns, mercury abatement systems, solution heater skids, electrowinning cells, intensive leach reactor, and others. Electrowinning is the recovery of metals, such as gold and silver, from a solution by passing a current through the solution. Electrons from the current chemically reduce the gold and/or silver ions to form a solid metal compound on the cathode. Cyanide leaching is commonly used for recovering gold from ore slurries or ore heaps. Gravity concentration is the separation of minerals based on differences in a specific gravity. The gravity concentration process is designed to recover high grade valuable ore materials into small masses.

In terms of geography, the precious metal recovery and refining equipment market can be split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the significant region of the precious metal recovery and refining equipment market in terms of value. Asia Pacific is a rapidly growing region of the precious metal recovery and refining equipment market. The precious metal recovery and refining equipment market in Europe, Latin America, and Middle East & Africa is anticipated to expand at a healthy pace during the forecast period.

Key players operating in the precious metal recovery and refining equipment market are IFLSmidth, Gekko Systems, CGS Mining, DOVE EQUIPMENT & MACHINERY CO. LTD., MT. BAKER MINING AND METALS, Metso Corporation, Kemix Pty Ltd., Sepro Mineral Systems Corporation, Consep Pty Ltd, Appropriate Process Technologies, ANSAC PTY LTD, and Nutec Bickley.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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