Dublin, April 23, 2025 (GLOBE NEWSWIRE) -- The "Scrap Gold Recycling Market 2025" report has been added to ResearchAndMarkets.com's offering.
This Scrap Gold Recycling market report provides a comprehensive analysis of the market's characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The scrap gold recycling market size has grown strongly in recent years. It will grow from $14.73 billion in 2024 to $16.15 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to fluctuating gold prices, increase in environmental regulations, rise in economic downturns fostering recycling incentives, growth in electronic waste generation, rise in corporate sustainability initiatives, and surge in consumer awareness of ethical sourcing practices.
The scrap gold recycling market size is expected to see strong growth in the next few years. It will grow to $23.06 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to evolving consumer preferences towards sustainable products, increasing regulatory push towards responsible sourcing, increasing electronic waste volumes, increasing industrial applications using gold, increasing volatility in gold prices, and expanding awareness of environmental impacts among businesses. Major trends in the forecast period include technological advancements in recycling processes, advancements in mining methods, adoption of sustainable practices, advancements in electronic waste recycling, and innovation in extraction processes.
The anticipated increase in gold prices is likely to drive the growth of the scrap gold recycling market in the future. This rise in gold prices is driven by factors such as economic instability, concerns about inflation, currency value fluctuations, and a heightened demand for safe-haven assets among investors. Higher gold prices make scrap gold recycling more lucrative for both individuals and businesses, thereby boosting the supply of recycled gold. For example, the World Gold Council reported that the global gold price rose from $58.72 per gram in January 2022 to $65.47 in January 2024. Consequently, this price increase is fueling the expansion of the scrap gold recycling market.
Key players in the scrap gold recycling market are embracing innovative methods such as the mass balance approach to authenticate claims of recycled content. For instance, in April 2024, Heraeus Precious Metals, a precious metals industry leader based in Germany, introduced Circlear to address the growing demand for sustainable solutions in the precious metals sector. Circlear features precious metals such as gold, silver, and platinum with 100% recycled content, fostering a circular economy by reducing dependence on primary extraction. Certified by TUV Sud, Circlear upholds high-quality standards and significantly reduces carbon emissions compared to traditional production methods.
In February 2024, Hensel Recycling, a precious metals recycling firm based in the US, acquired Red Fox Resources for an undisclosed sum. This acquisition enables Hensel to enhance its presence and expand its customer base in the US and North American markets, especially on the West Coast. Red Fox Resources is a US-based company specializing in recycling precious metals such as gold, copper, and zinc.
Europe was the largest region in the scrap gold recycling market in 2024. The regions covered in the scrap gold recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the scrap gold recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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Report Scope
Markets Covered:
1) By Processing Technique: Pyrometallurgical; Hydrometallurgical; Other Processing Techniques
2) By Scrap: New Scrap Metal Recycling; Old Scrap Metal Recycling
3) By Application: Jewelry; Catalysts; Electronics; Batteries; Other Applications
Subsegments:
1) By Pyrometallurgical: Direct Smelting; Cupellation; Fire Assay
2) By Hydrometallurgical: Aqua Regia Leaching; Cyanidation; Chlorine Leaching
3) By Other Processing Techniques: Electrolytic Refining; Bioleaching
Key Companies Profiled: Glencore plc; Rio Tinto Group; Umicore N.V.; Aurubis AG; Teck Resources Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2025-2029 |
| Estimated Market Value (USD) in 2025 | $16.15 Billion |
| Forecasted Market Value (USD) by 2029 | $23.06 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
The companies featured in this Scrap Gold Recycling market report include:
- Glencore plc
- Rio Tinto Group
- Umicore N.V.
- Aurubis AG
- Teck Resources Limited
- Barrick Gold Corporation
- Boliden AB
- Dillon Gage Inc.
- Elemetal LLC
- Sipi Metals Corporation
- Metallix Refining Inc.
- Gannon & Scott
- United Precious Metal Refining Inc.
- David H. Fell & Company Inc.
- RPM Industries LLC
- Garfield Refining
- Gold Refiners LLC
- Mid-States Recycling & Refining Inc.
- Arch Enterprises Inc.
- Manhattan Gold & Silver
- Northern Refineries Inc.
- Geib Refining Corporation
- Republic Metals Corporation
- Aurum Metals
- Doral Refining Corporation
For more information about this report visit https://www.researchandmarkets.com/r/nb6zs2
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