Magnetic Separator Market Report 2026

The magnetic separator market size has grown strongly in recent years. It will grow from $1.17 billion in 2025 to $1.24 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to mining industry expansion, growth of bulk material handling, demand for equipment protection, recycling sector development, industrial contamination control.

The magnetic separator market size is expected to see strong growth in the next few years. It will grow to $1.56 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to recycling infrastructure investments, stricter purity regulations, automation in material processing, growth in waste management, demand for efficient separation. Major trends in the forecast period include growing demand for recycling applications, adoption of high-intensity separators, expansion of automated separation systems, rising focus on product purity, increased use in mineral processing.

The rising demand for mining activities is expected to drive the growth of the magnetic separator market in the coming years. Mining involves the extraction of minerals, metals, and other valuable resources from the earth. This demand is fueled by the growing need for raw materials and minerals across industries such as construction, manufacturing, and technology. Magnetic separators enhance mining operations by effectively isolating valuable magnetic minerals from non-magnetic materials, improving mineral purity, and increasing overall process efficiency. For example, in January 2024, the United States Geological Survey (USGS), a US-based government agency, reported that US mines produced approximately $105 billion in mineral commodities in 2023, reflecting a $4 billion increase from the revised total in 2022. Therefore, the rising demand for mining activities is supporting the growth of the magnetic separator market.

The growth of the automotive sector is also expected to propel the magnetic separator market forward. The automotive sector involves the design, development, manufacturing, and sale of motor vehicles and their components. Its expansion is driven by increasing vehicle production, growing demand for electric and hybrid vehicles, and continuous advancements in manufacturing technologies. Magnetic separators support the automotive industry by efficiently removing ferrous contaminants during the production of automotive parts, enhancing material purity, improving product quality, and optimizing processes such as metal stamping, machining, and recycling. For instance, in October 2025, the Institute of Chartered Accountants in England and Wales, a UK-based professional body, reported that the global automotive manufacturing industry reached a market valuation of USD 2.8 trillion in 2024, reflecting significant recent growth. Therefore, the expansion of the automotive sector is driving demand for magnetic separators.

Leading companies in the magnetic separator market are focusing on developing advanced products, such as new accessories for high-volume magnetic bead protocols, to improve efficiency in capturing and separating fine and weakly magnetic particles. Tools for high-volume magnetic bead processing include equipment like automated magnetic separators, magnetic racks, and optimized liquid handling systems, all designed to enhance the effectiveness of magnetic bead-based applications. For example, in August 2024, Integra Biosciences AG, a Switzerland-based provider of laboratory tools for liquid handling and media preparation, introduced a deep well plate adapter and magnetic array for its MAG module. This innovation boosts high-volume magnetic bead workflows, particularly in molecular and proteomics research, by enabling the use of INTEGRA's deep well plates with up to 96 samples and 2.2 ml volumes. When combined with the ASSIST PLUS pipetting robot or VIAFLO pipettes, the system streamlines automated magnetic bead handling.

Major companies operating in the magnetic separator market are Eriez Manufacturing Co. Inc., Metso Corporation, STEINERT GmbH, Bunting Magnetics Co., LONGi Magnet Co. Ltd., Goudsmit Magnetics, Dings Co. Magnetic Group, Multotec, Sesotec GmbH, SLON Magnetic Separator Ltd., Jaykrishna Magnetics Pvt. Ltd., Magnetic Products Inc., Magnetic Systems International, Kanetec Co. Ltd., Shandong Xinhai Mining Technology & Equipment Inc., Magsy, Cleantek, Master Magnets Ltd., Walker Magnetics Group Inc., IFE Aufbereitungstechnik GmbH, Electro Magnetic Industries (India) Pvt. Ltd., Malvern Engineering Works Ltd.

Asia-Pacific was the largest region in the magnetic separator market in 2025. The regions covered in the magnetic separator market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the magnetic separator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The magnetic separator market consists of sales of magnetic grates or rods, magnetic filters, magnetic plates and magnetic humps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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