Market Overview:
The global strong magnetic iron remover market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for strong magnetic iron removers from various applications such as mines, ceramics, power generation, building materials, and glass industries. In addition, the growing awareness about health and safety hazards associated with handling of ferrous metals is also propelling the demand for strong magnetic iron removers globally.
Product Definition:
A strong magnetic iron remover is a device used to remove ferrous particles from a liquid or gas. The importance of a strong magnetic iron remover is that it removes these ferrous particles, which can cause corrosion and equipment failure.
Magnetic Bar:
Magnetic bar is a tool which consists of two metal plates with magnetic substances between them. One of the important factors to understand about magnetic bars is that they are not only used for removing strong magnets but also weak magnets from ferrous materials such as iron, steel, and other metals. Strong Magnetic Iron Remover market growth factor can be attributed to its ability to efficiently remove ferromagnetic particles from surfaces without any surface damage or contamination.
Magnetic Grid:
Magnetic grid is a tool that uses magnetic field for cleaning purposes. It is used to remove dust and particles from the surface of ferrous materials such as iron, steel, etc. This device works on the principle of electromagnetic induction. A strong magnetic field attracts small particles and filings towards itself while a weak magnetic field repels them in an attempt to clean the surface of ferrous material by attracting all kinds of impurities including dust, dirt, hair roots etc.
Application Insights:
The building materials segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing demand for steel and related products from the construction industry. In addition, rising preference for ceramic tiles as flooring material is also expected to contribute towards strong magnetic iron remover demand over the forecast period.
The glass manufacturing industry has witnessed significant growth over recent years owing to technological advancements and expansion of production capacity at a domestic level coupled with growing foreign investments in this sector. This factor is anticipated to fuel product demand during the forecast period with an estimated CAGR of XX% from 2018 to 2030.
Regional Analysis:
North America dominated the global strong magnetic iron remover market in 2017. The region is expected to witness a considerable growth rate of 7.8% over the forecast period, owing to increasing demand for efficient and eco-friendly products coupled with stringent regulations regarding waste management in landfills and oceans.
The U.S., being one of the most developed nations, has been witnessing high demand for consumer electronics as well as other metal components since last few years due to growing manufacturing sector across various sectors including automotive, aerospace & defense, construction industry etc.; which is anticipated to augment product penetration over next eight years or so.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization along with increasing mining activities across countries such as China and India; both are major consumers of steel production raw materials thus resulting into increased consumption volumes thereby driving regional market growth during next eight years or so (see Figure 1).
Growth Factors:
- Increasing demand from the automotive and electronics industries for strong magnetic iron remover products to remove metal contaminants during the manufacturing process.
- Growing awareness among consumers about the benefits of using strong magnetic iron remover products for household purposes, such as removing nails and screws from wood surfaces.
- Rising demand for strong magnetic iron remover products in developing countries due to increasing construction activities and growing consumer spending on home improvement projects.
- Technological advancements that have led to the development of new and more effective strong magnetic iron remover products, which is expected to boost market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strong Magnetic Iron Remover Market Research Report
By Type
Magnetic Bar, Magnetic Grid, Drawer Type Iron Remover, Rotary Magnetic Separator, Permanent Magnet Strong Magnetic Separator, Barrel Iron Remover, Pipeline Type Iron Remover, Magnetic Roller
By Application
Mine, Ceramic, Power, Building Materials, Glass
By Companies
Sesotec, Virto, DOUGLAS, MASTERMAG, Jupiter Magnetics, ELECTRO FLUX, KUMAR, Electro Magnetic Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Strong Magnetic Iron Remover Market Report Segments:
The global Strong Magnetic Iron Remover market is segmented on the basis of:
Types
Magnetic Bar, Magnetic Grid, Drawer Type Iron Remover, Rotary Magnetic Separator, Permanent Magnet Strong Magnetic Separator, Barrel Iron Remover, Pipeline Type Iron Remover, Magnetic Roller
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mine, Ceramic, Power, Building Materials, Glass
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sesotec
- Virto
- DOUGLAS
- MASTERMAG
- Jupiter Magnetics
- ELECTRO FLUX
- KUMAR
- Electro Magnetic Industries
Highlights of The Strong Magnetic Iron Remover Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Magnetic Bar
- Magnetic Grid
- Drawer Type Iron Remover
- Rotary Magnetic Separator
- Permanent Magnet Strong Magnetic Separator
- Barrel Iron Remover
- Pipeline Type Iron Remover
- Magnetic Roller
- By Application:
- Mine
- Ceramic
- Power
- Building Materials
- Glass
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Strong Magnetic Iron Remover Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Strong Magnetic Iron Remover is a product that removes magnetic materials from surfaces.
Some of the key players operating in the strong magnetic iron remover market are Sesotec, Virto, DOUGLAS, MASTERMAG, Jupiter Magnetics, ELECTRO FLUX, KUMAR, Electro Magnetic Industries.
The strong magnetic iron remover market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Strong Magnetic Iron Remover 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. Strong Magnetic Iron Remover Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Strong Magnetic Iron Remover Market - Supply Chain
4.5. Global Strong Magnetic Iron Remover Market Forecast
4.5.1. Strong Magnetic Iron Remover Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Strong Magnetic Iron Remover Market Size (000 Units) and Y-o-Y Growth
4.5.3. Strong Magnetic Iron Remover Market Absolute $ Opportunity
5. Global Strong Magnetic Iron Remover Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
5.3.1. Magnetic Bar
5.3.2. Magnetic Grid
5.3.3. Drawer Type Iron Remover
5.3.4. Rotary Magnetic Separator
5.3.5. Permanent Magnet Strong Magnetic Separator
5.3.6. Barrel Iron Remover
5.3.7. Pipeline Type Iron Remover
5.3.8. Magnetic Roller
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Strong Magnetic Iron Remover Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
6.3.1. Mine
6.3.2. Ceramic
6.3.3. Power
6.3.4. Building Materials
6.3.5. Glass
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Strong Magnetic Iron Remover Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Strong Magnetic Iron Remover Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Strong Magnetic Iron Remover Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Strong Magnetic Iron Remover Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Strong Magnetic Iron Remover Demand Share Forecast, 2019-2026
9. North America Strong Magnetic Iron Remover 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
9.2. North America Strong Magnetic Iron Remover Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
9.4.1. Mine
9.4.2. Ceramic
9.4.3. Power
9.4.4. Building Materials
9.4.5. Glass
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
9.7.1. Magnetic Bar
9.7.2. Magnetic Grid
9.7.3. Drawer Type Iron Remover
9.7.4. Rotary Magnetic Separator
9.7.5. Permanent Magnet Strong Magnetic Separator
9.7.6. Barrel Iron Remover
9.7.7. Pipeline Type Iron Remover
9.7.8. Magnetic Roller
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Strong Magnetic Iron Remover Demand Share Forecast, 2019-2026
10. Latin America Strong Magnetic Iron Remover 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. Latin America Average Pricing Analysis
10.2. Latin America Strong Magnetic Iron Remover Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
10.4.1. Mine
10.4.2. Ceramic
10.4.3. Power
10.4.4. Building Materials
10.4.5. Glass
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
10.7.1. Magnetic Bar
10.7.2. Magnetic Grid
10.7.3. Drawer Type Iron Remover
10.7.4. Rotary Magnetic Separator
10.7.5. Permanent Magnet Strong Magnetic Separator
10.7.6. Barrel Iron Remover
10.7.7. Pipeline Type Iron Remover
10.7.8. Magnetic Roller
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Strong Magnetic Iron Remover Demand Share Forecast, 2019-2026
11. Europe Strong Magnetic Iron Remover 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. Europe Average Pricing Analysis
11.2. Europe Strong Magnetic Iron Remover Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
11.4.1. Mine
11.4.2. Ceramic
11.4.3. Power
11.4.4. Building Materials
11.4.5. Glass
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
11.7.1. Magnetic Bar
11.7.2. Magnetic Grid
11..3. Drawer Type Iron Remover
11.7.4. Rotary Magnetic Separator
11.7.5. Permanent Magnet Strong Magnetic Separator
11.7.6. Barrel Iron Remover
11.7.7. Pipeline Type Iron Remover
11.7.8. Magnetic Roller
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Strong Magnetic Iron Remover Demand Share, 2019-2026
12. Asia Pacific Strong Magnetic Iron Remover 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. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Strong Magnetic Iron Remover Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
12.4.1. Mine
12.4.2. Ceramic
12.4.3. Power
12.4.4. Building Materials
12.4.5. Glass
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
12.7.1. Magnetic Bar
12.7.2. Magnetic Grid
12.7.3. Drawer Type Iron Remover
12.7.4. Rotary Magnetic Separator
12.7.5. Permanent Magnet Strong Magnetic Separator
12.7.6. Barrel Iron Remover
12.7.7. Pipeline Type Iron Remover
12.7.8. Magnetic Roller
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Strong Magnetic Iron Remover Demand Share, 2019-2026
13. Middle East & Africa Strong Magnetic Iron Remover Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Strong Magnetic Iron Remover Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Strong Magnetic Iron Remover Market Size and Volume Forecast by Application
13.4.1. Mine
13.4.2. Ceramic
13.4.3. Power
13.4.4. Building Materials
13.4.5. Glass
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Strong Magnetic Iron Remover Market Size and Volume Forecast by Type
13.7.1. Magnetic Bar
13.7.2. Magnetic Grid
13.7.3. Drawer Type Iron Remover
13.7.4. Rotary Magnetic Separator
13.7.5. Permanent Magnet Strong Magnetic Separator
13.7.6. Barrel Iron Remover
13.7.7. Pipeline Type Iron Remover
13.7.8. Magnetic Roller
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Strong Magnetic Iron Remover Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Strong Magnetic Iron Remover Market: Market Share Analysis
14.2. Strong Magnetic Iron Remover Distributors and Customers
14.3. Strong Magnetic Iron Remover Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sesotec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Virto
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DOUGLAS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MASTERMAG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jupiter Magnetics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ELECTRO FLUX
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KUMAR
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Electro Magnetic Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
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