NAICS Code 331492-06 - Silver Recovery (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 331492-06 Description (8-Digit)

Silver Recovery (Manufacturing) is a subdivision of the NAICS Code 331492 that involves the process of extracting silver from various sources such as photographic film, X-ray film, and other industrial wastes. The recovered silver is then refined and sold to various industries for further use. This industry plays a crucial role in the recycling of silver and reducing the need for mining new silver.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 331492 page

Tools

Tools commonly used in the Silver Recovery (Manufacturing) industry for day-to-day tasks and operations.

  • Silver recovery unit
  • Acidic fixer
  • Hypo eliminator
  • Silver recovery cartridge
  • Electrolytic silver recovery cell
  • Silver refining kit
  • Magnetic stirrer
  • PH meter
  • Chemical pumps
  • Silver testing kit

Industry Examples of Silver Recovery (Manufacturing)

Common products and services typical of NAICS Code 331492-06, illustrating the main business activities and contributions to the market.

  • Photographic film manufacturers
  • Medical equipment manufacturers
  • Jewelry manufacturers
  • Electronics manufacturers
  • Chemical manufacturers
  • Waste management companies
  • Recycling facilities
  • Mining companies
  • Research laboratories
  • Dental equipment manufacturers

History

A concise historical narrative of NAICS Code 331492-06 covering global milestones and recent developments within the United States.

  • The "Silver Recovery (Manufacturing)" industry has a long history dating back to the early 1900s when the demand for silver in the manufacturing of photographic films and papers was at its peak. The industry saw a significant decline in the 1980s due to the introduction of digital photography, which reduced the demand for silver in the photographic industry. However, the industry has since then adapted to the changing market conditions and has found new applications for silver in various industries such as electronics, medical, and jewelry. In recent years, the industry has seen a surge in demand for silver due to its use in solar panels and electric vehicles. The industry has also witnessed notable advancements in the recovery and refining processes, which have made the production of high-purity silver more efficient and cost-effective. In the United States, the "Silver Recovery (Manufacturing)" industry has been growing steadily in recent years due to the increasing demand for silver in various industries. The industry has also benefited from the growing awareness of the importance of recycling and sustainability, which has led to an increase in the recycling of silver from electronic waste and other sources. The industry has also seen significant investments in research and development, which have led to the development of new and innovative technologies for the recovery and refining of silver. Overall, the industry has a bright future ahead, with the increasing demand for silver in various industries and the growing focus on sustainability and recycling.