Magnetic Separator Market Report 2025

This Magnetic Separator market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The magnetic separator market size has grown strongly in recent years. It will grow from $1.11 billion in 2024 to $1.19 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing demand for high-purity materials, increasing government investments, rise in infrastructure development projects, growth in the automotive industry, and rise in construction activities.

The magnetic separator market size is expected to see strong growth in the next few years. It will grow to $1.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growing mining activities, growing amount of electronic waste, increasing metal production, increasing focus on environmental sustainability, and increasing recycling activities. Major trends in the forecast period include technological advancements, nanotechnology, smart technologies, sustainable practices, and adoption of automation.

The growing demand for mining operations is anticipated to drive the expansion of the magnetic separator market in the future. Mining involves the extraction of minerals, metals, and other valuable resources from the earth. This rise in mining activities is largely due to the increasing need for raw materials and minerals across various sectors, such as construction, manufacturing, and technology. Magnetic separators play a crucial role in mining by efficiently separating valuable magnetic minerals from non-magnetic substances, thereby improving the purity of the extracted materials and enhancing the overall mining efficiency. For example, in February 2022, the United States Geological Survey (USGS), a government agency in the U.S., reported that U.S. mines produced about $105 billion in mineral commodities in 2023, marking a $4 billion increase from the revised total in 2022. Thus, the escalating demand for mining is contributing to the growth of the magnetic separator market.

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.

In September 2022, FLSmidth & Co. A/S, a technology company based in Denmark, acquired the mining business from Thyssenkrupp for an undisclosed sum. This acquisition is intended to bolster FLSmidth's position as a global leader in mining and cement technologies while offering expanded development opportunities for mining technologies under its new ownership. Thyssenkrupp AG, a Germany-based industrial machinery manufacturer, specializes in magnetic technology solutions and separators.

Major companies operating in the magnetic separator market are Andritz Hydro Private Limited, Metso Corporation, Noritake Kabushiki-gaisha, Multotec, Eriez Manufacturing Co. Inc., Desmet Ballestra, LONGi Magnet Co. Ltd., Promega Corporation, Beltservice Corporation, Sesotec GmbH, Goudsmit Magnetics, Magnetic Products Inc., STEINERT GmbH, Dings Co. Magnetic Group, Bunting Magnetics Co., Jaykrishna Magnetics Pvt. Ltd., Douglas Manufacturing Ltd., MBE Coal & Mineral Technology India Private Limited, Elcan Industries, SLON Magnetic Separator Ltd., Magnetic Systems International, Magsy, Cleantek, Kanetec Co. Ltd., Shandong Xinhai Mining Technology & Equipment Inc.

Asia-Pacific was the largest region in the magnetic separator market in 2024. The regions covered in the magnetic separator market report are Asia-Pacific, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A magnetic separator is a device designed to identify and separate magnetic materials from non-magnetic ones. It works on the principle that magnetic materials are attracted to a magnetic field, whereas non-magnetic materials are not. Magnetic separators are widely used in industries such as mining, recycling, and manufacturing to remove ferrous contaminants, enhance product purity, and protect equipment.

The main types of magnetic separators include magnetic drum separators, magnetic roller separators, overband or crossbelt separators, magnetic pulley separators, and eddy current separators, among others. A magnetic drum separator utilizes a rotating drum magnet to separate magnetic materials from non-magnetic ones in a mixture. It is commonly used in industrial processes to efficiently remove ferrous contaminants. These separators can be used for both dry and wet materials, with options for manual and automatic cleaning. They offer various intensity levels, such as low intensity, high intensity, and high gradient, and are utilized by a range of industries, including recycling, mining, ceramics and plastics, food and beverages, chemical and pharmaceutical, glass and textiles, and others.

The magnetic separator market research report is one of a series of new reports that provides magnetic separator market statistics, including magnetic separator industry global market size, regional shares, competitors with a magnetic separator market share, detailed magnetic separator market segments, market trends and opportunities, and any further data you may need to thrive in the magnetic separator industry. This magnetic separator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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.

This product will be delivered within 3-5 business days.