Transparency Market Research in its new report titled, “Precious Metal Recovery and Refining Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the precious metal recovery and refining equipment market. The TMR report anticipates that the 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 i.e, 2018-2026.
The TMR report has segregated the precious metal recovery and refining equipment in terms of source of metal, type of equipment and system, type of precious metals, and geography. In accordance with source of metal, the precious metal recovery and refining equipment market is 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. Based on type of precious metals, the precious metal recovery & refining equipment market is 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.
On the basis of equipment and system, the precious metal recovery and refining market is 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.
On a geographical stand, the precious metal recovery and refining equipment market is split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among these, 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. Major players operating in the precious metal recovery and refining equipment market are profiled in this report to give a better competitive analysis and these include 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.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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