Magnetic Separator - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Magnetic Separator Market is accounted for $634.42 million in 2018 and is expected to reach $1,156.59 million by 2027 growing at a CAGR of 6.9% during the forecast period. Factors such as increasing recycling rates across the world, and expansion and urbanization in developing countries are driving the growth of the market. However, manufacturing of low-quality magnetic separators in developing countries is restraining the market growth.
A magnetic separator is a device that uses a magnet to remove impurities and other magnetic materials from metal. Magnetic separators can be used before, during and after the production of a material and can be adjusted to attract different types of magnetic materials at different intensity levels. It is used for a wide variety of applications. Magnetic separators can be ferromagnetic or paramagnetic and can vary in size from a table version to a large, heavy drum used in recycling and other manufacturing applications. The magnetic separator consists of a powerful magnet that is placed or suspended from a ceiling or device. Materials can be passed over a table top magnetic separator, while suspended magnetic separators often hang over a material to remove its impurities.
Based on type, magnetic separator equipment is likely to have a huge demand in the forecast period due to the rising demand from industries such as mining, recycling, ceramics, paper, and plastics. By geography, Asia Pacific is constantly enhancing due to rising demand for medicines, hygienic food products, and beverages, as well as government initiatives to increase the recycling rates in the region.
Some of the key players in Global Magnetic Separator market include Metso, Nippon Magnetics, Eriez Manufacturing Co., Eclipse Magnetics, STEINERT Elektromagnetbau GmbH, GouDSMit Magnetics, Industrial Magnetics, Bunting Magnetics, K.W. Supply Magneetsystemen, Multotec, Longi Magnet, Innovative Magnetic Technologies, Malvern Engineering, Jupiter Magnetics, Henan Caesar Heavy Machinery Co., Ltd., and GIAMAG Technologies AS.
Magnet Types Covered:
• Permanent Magnets
• Self Cleaning Magnets
Product Types Covered:
• Magnetic Seperation Rack
• Magnetic Seperation Tray
Material Types Covered:
• Wet Type
• Dry Type
• Standalone Magnetic Separators
• Magnetic Separator Equipment
Sales Channels Covered:
• Manufacturer/Distributor/Service Provider
Cleaning Types Covered:
• Feed Hopper
• Collection Tank
• Conveyor Belt
• Low Intensity
• High Intensity
• Medium Intensity
• Cell Analysis
• DNA/RNA Purification
End Users Covered:
• Glass & Textile
• Food & Beverages
• Chemical & Pharmaceutical
• Ceramics, Paper, and Plastics
• Processing Industries
• Metal And Mineral Mining
• Diagnostics Laboratories
• Acadamic & Research Institutes
• Clinical Research Organizations
• Biotechnology Companies
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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