Magnetic Separation Equipment Market

Global Magnetic Separation Equipment Market by Types (Electromagnetic and Permanent), Applications (Mining and Aggregates Industry, Light Industries, Recycling, Water, and Wastewater Industries), and Regions (Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CM-656
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 132
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  • Pub. Date: Upcoming
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The global magnetic separation equipment market size is anticipated to reach USD 928 million by 2028, expanding at a CAGR of 5% during the forecast period, 2021 – 2028. Growth of the market is attributed to the significant rise in recycling rates throughout the world.

Magnetic separation is a process by which magnetic susceptible material is extracted from a lot via a magnetic force. For example, it is used to remove ferrous tramp metal contaminants from dry particulate, liquids, and slurries in the process of grain, feed, sugar, cereal, chemical, mineral, plastics, oil, textile, salt, pharmaceuticals, and recycled products to name a few.

Magnetic separation equipment is prevalent across a wide range of industries such as mining and aggregates industry, light industries, and recycling, water and wastewater industries to separate magnetic material from the non-magnetic or less magnetic material. These separators are beneficial in ensuring product purity and protection processes from tramp metal damage.

Global Magnetic Separation Equipment Market Summary

Market Trends, Drivers, Restraints, and Opportunities

  • The mining industry has been booming as a result of global industrialization and urbanization, which has boosted the demand for magnetic separators. Increasing trend of global commodity prices in the mining industry has, in turn, fueled the demand for the global market.
  • Introduction of technologically advanced magnetic separators that serve enhanced functionalities such as energy-saving, automatic cooling of electromagnets, and up purification capacity that reduce their maintenance and repair costs is expected to boost the market.
  • One of the major factors driving the growth of the market is the massive expenditure on research and development activities.

Scope of the Report

The report on the global magnetic separation equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Magnetic Separation Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Electromagnetic and Permanent) and Applications (Mining and Aggregates Industry, Light Industries, Recycling, Water, and Wastewater Industries)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Dings Magnetic, Eclipse Magnetics, Eriez Manufacturing, Metso, ANDRITZ, Bakker Magnetics, Bgrimm-Mat, BLS Magnet, Buhler, Bunting Magnetics, FLSmidth, Goudsmit Magnetics, and IPES International

Market Segment Insights:

The electromagnetic segment to exhibit a high CAGR
Based on types, the market is segmented into electromagnetic and permanent. The electromagnetic segment is estimated to hold a major market share during the forecast period. Electromagnetic separators, also known as self-cleaning magnetic separators, have seen a surge in popularity in recent years as they eliminate the need for people to clean magnetic separators. Because self-cleaning magnetic separators do not require any manual labor, they may be used in a completely automated manufacturing line, enhancing efficiency in their production processes. The safety factor is extremely high in these kinds of separators as the metal contaminants are removed automatically, without any manual assistance.

Global Magnetic Separation Equipment Market By Type

The mining and aggregates segment to grow at a rapid pace
Based on applications, the global magnetic separation equipment market is fragmented as mining and aggregates industry, light industries, recycling, water, and wastewater industries. The mining and aggregates segment to expand at a high CAGR during the forecast period owing to the rising demand for magnetic separators.

Global Magnetic Separation Equipment Market By Application

Market in the Asia Pacific to dominate the global market during the projected period
In terms of regions, the market is classified as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The market in Asia Pacific is expected to expand at a high CAGR during the forecast period. Growth of the market in the region is attributed to rising demand for pharmaceuticals, sanitary food items, and drinks, as well as government measures to enhance recycling rates in the area. China has one of the world's greatest deposits of rare earth minerals which make it have the greatest market share and the highest CAGR in the global magnetic separation equipment market. In addition, China's pharmaceutical business is predicted to develop as the country's urban population grows.

Global Magnetic Separation Equipment Market By Region

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Separation Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Magnetic Separation Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Magnetic Separation Equipment Market - Supply Chain
  4.5. Global Magnetic Separation Equipment Market Forecast
     4.5.1. Magnetic Separation Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Magnetic Separation Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Magnetic Separation Equipment Market Absolute $ Opportunity
5. Global Magnetic Separation Equipment Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Magnetic Separation Equipment Market Size and Volume Forecast by Types
     5.3.1. Electromagnetic
     5.3.2. Permanent
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Magnetic Separation Equipment Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     6.3.1. Mining and Aggregates Industry
     6.3.2. Light Industries
     6.3.3. Recycling
     6.3.4. Water
     6.3.5. Wastewater Industries
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Magnetic Separation Equipment Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Magnetic Separation Equipment Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Magnetic Separation Equipment Demand Share Forecast, 2019-2026
8. North America Magnetic Separation Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Magnetic Separation Equipment Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Magnetic Separation Equipment Market Size and Volume Forecast by Types
     8.4.1. Electromagnetic
     8.4.2. Permanent
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     8.7.1. Mining and Aggregates Industry
     8.7.2. Light Industries
     8.7.3. Recycling
     8.7.4. Water
     8.7.5. Wastewater Industries
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Magnetic Separation Equipment Demand Share Forecast, 2019-2026
9. Latin America Magnetic Separation Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Magnetic Separation Equipment Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Magnetic Separation Equipment Market Size and Volume Forecast by Types
     9.4.1. Electromagnetic
     9.4.2. Permanent
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     9.7.1. Mining and Aggregates Industry
     9.7.2. Light Industries
     9.7.3. Recycling
     9.7.4. Water
     9.7.5. Wastewater Industries
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Magnetic Separation Equipment Demand Share Forecast, 2019-2026
10. Europe Magnetic Separation Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Magnetic Separation Equipment Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Magnetic Separation Equipment Market Size and Volume Forecast by Types
     10.4.1. Electromagnetic
     10.4.2. Permanent
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     10.7.1. Mining and Aggregates Industry
     10.7.2. Light Industries
     10.7.3. Recycling
     10.7.4. Water
     10.7.5. Wastewater Industries
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Magnetic Separation Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Magnetic Separation Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Magnetic Separation Equipment Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Magnetic Separation Equipment Market Size and Volume Forecast by Types
     11.4.1. Electromagnetic
     11.4.2. Permanent
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     11.7.1. Mining and Aggregates Industry
     11.7.2. Light Industries
     11.7.3. Recycling
     11.7.4. Water
     11.7.5. Wastewater Industries
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Magnetic Separation Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Magnetic Separation Equipment Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Magnetic Separation Equipment Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Magnetic Separation Equipment Market Size and Volume Forecast by Types
     12.4.1. Electromagnetic
     12.4.2. Permanent
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Magnetic Separation Equipment Market Size and Volume Forecast by Applications
     12.7.1. Mining and Aggregates Industry
     12.7.2. Light Industries
     12.7.3. Recycling
     12.7.4. Water
     12.7.5. Wastewater Industries
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Magnetic Separation Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Magnetic Separation Equipment Market: Market Share Analysis
  13.2. Magnetic Separation Equipment Distributors and Customers
  13.3. Magnetic Separation Equipment Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Dings Magnetic
     13.4.2. Eclipse Magnetics
     13.4.3. Eriez Manufacturing
     13.4.4. Metso
     13.4.5. ANDRITZ
     13.4.6. Bakker Magnetics
     13.4.7. Bgrimm-Mat
     13.4.8.
Segments Covered in the Report
The global magnetic separation equipment market has been segmented on the basis of

Types
  • Electromagnetic
  • Permanent
Applications
  • Mining and Aggregates Industry
  • Light Industries
  • Recycling
  • Water
  • Wastewater Industries
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Companies
  • Dings Magnetic
  • Eclipse Magnetics
  • Eriez Manufacturing
  • Metso
  • ANDRITZ
  • Bakker Magnetics
  • Bgrimm-Mat
  • BLS Magnet
  • Buhler
  • Bunting Magnetics
  • FLSmidth
  • Goudsmit Magnetics
  • IPES International

Major players of the global magnetic separation equipment market are Dings Magnetic, Eclipse Magnetics, Eriez Manufacturing, Metso, ANDRITZ, Bakker Magnetics, Bgrimm-Mat, BLS Magnet, Buhler, Bunting Magnetics, FLSmidth, Goudsmit Magnetics, and IPES International.

Eriez is one of the world's leading manufacturers and distributors of magnetic separators. In the previous two years, the firm has used a mix of organic and inorganic growth techniques. It has increased its presence in the US. As part of its growth plan, the firm focuses on technology advancements and advertising to continue providing advantages to its clients. The firm has a strong brand image in the magnetic separator market due to its high-quality products. The company's comprehensive product range also caters to the needs of many end-use sectors, giving it a competitive advantage over its competitors.

Global Magnetic Separation Equipment Market By Key Players

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