Market Overview:
The global suspended magnetic separators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for mineral and metal extraction, rising awareness about environmental protection, and growing recycling activities. Based on type, the global suspended magnetic separators market is segmented into permanent suspended magnetic separators and electromagnetic suspended magnetic separators. Permanent suspended magnetic separators are further classified into high-intensity dry drum type and low-intensity wet drum type. Electromagnetic suspension magnets are further classified into plate magnets and tube magnets. In terms of application, the mining segment dominates the global market for suspended magnetic separators followed by aggregate, recycling, foundry, and others segments respectively.
Product Definition:
Suspended Magnetic Separators are devices that use magnets to separate ferrous materials from non-ferrous materials. The importance of Suspended Magnetic Separators is that they can be used to remove large amounts of ferrous material from a process stream, which can improve the efficiency and quality of the final product.
Permanent Suspended Magnetic Separators:
Permanent suspended magnetic separators is a type of separation equipment used in coal mines to remove water from the mine floor. It uses magnets to collect metal particles and suspend them above the surface of the liquid, allowing gravity to do the work of flushing out unwanted material.
The global permanent suspended magnetic separators market size was valued at USD 648.1 million in 2016.
Electromagnetic Suspended Magnetic Separators:
Electromagnetic suspended magnetic separators are used in the manufacturing of magnetic separators. They are widely used in various applications such as oil & gas, chemical processing, food & beverage and mining industries. The key application areas include water treatment plants, desalination plants and coal power stations among others where they are used to separate harmful particles from harmless fluids or substances.
The global electromagnetic suspended magnetic separator market size was valued at USD 1.6 billion in 2016.
Application Insights:
Mining was the largest application segment in 2016 and accounted for a market share of more than 40% by 2030. The mining industry is one of the key contributors to global GDP, accounting for around 13.0% in 2016. Global demand has been witnessing a paradigm shift due to technological advancements coupled with cost-effective solutions as compared to conventional methods such as open-pit & underground mining. This trend is expected to continue over the forecast period, thereby driving suspended magnetic separators market growth during this time span.
The recycling industry also holds promising growth prospects for SMS globally owing to increasing waste disposal costs and environmental consciousness among consumers across various regions including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large base of steel production, which requires magnetic separation for proper recovery of iron and steel. China, India, Japan, South Korea are some of the largest producers in Asia Pacific that require such equipment for efficient operations.
Europe was the second-largest regional market in 2017 owing to growing demand from various end-use industries including metallurgy and mining. Countries such as Russia and Germany are among major producers globally; both countries produce coal requiring massive amounts of magnetic separation processes before being transported to international markets for sale or consumption purposes.
North America is also likely to witness significant growth due to increasing recycling activities coupled with stringent government regulations on waste management practices across several U.S.-based states such as California, New York etc.
Growth Factors:
- Increasing demand from the metal and mining industries for efficient separation of valuable minerals from unwanted materials is expected to drive the growth of the suspended magnetic separators market.
- Rapid industrialization in developing countries is anticipated to create lucrative opportunities for the suspended magnetic separators market during the forecast period.
- Growing awareness about environment-friendly and energy-efficient technologies is projected to boost adoption of suspended magnetic separators across various industries.
- The increasing use of recycled metals in manufacturing processes is likely to propel demand for suspended magnetic separators over the next few years.
- Technological advancements that offer enhanced performance and efficiency are expected to favor growth of the global suspended magnetic separators market in future
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspended Magnetic Separators Market Research Report
By Type
Permanent Suspended Magnetic Separators, Electromagnetic Suspended Magnetic Separators
By Application
Mining, Aggregate, Recycling, Foundry, Others
By Companies
Eriez, Bunting Magnetics, Goudsmit Magnetics, Ohio Magnetics, Walker Magnetics, KANETEC, Industrial Magnetics (IMI), Malvern, Shandong Huate Magnet, Yueyang Dalishen, Nippon Magnetics, IFE Aufbereitungstechnik, STEINERT, Dings Magnetic Group, ELEKTROMAG, Cogelme, Ma’anshan Baiyun Environment Protection Equipment, Magnetic Systems International (MSI), Fushun Ejet Magnetic Equipment
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Suspended Magnetic Separators Market Report Segments:
The global Suspended Magnetic Separators market is segmented on the basis of:
Types
Permanent Suspended Magnetic Separators, Electromagnetic Suspended Magnetic Separators
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
Mining, Aggregate, Recycling, Foundry, Others
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:
- Eriez
- Bunting Magnetics
- Goudsmit Magnetics
- Ohio Magnetics
- Walker Magnetics
- KANETEC
- Industrial Magnetics (IMI)
- Malvern
- Shandong Huate Magnet
- Yueyang Dalishen
- Nippon Magnetics
- IFE Aufbereitungstechnik
- STEINERT
- Dings Magnetic Group
- ELEKTROMAG
- Cogelme
- Ma’anshan Baiyun Environment Protection Equipment
- Magnetic Systems International (MSI)
- Fushun Ejet Magnetic Equipment
Highlights of The Suspended Magnetic Separators 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:
- Permanent Suspended Magnetic Separators
- Electromagnetic Suspended Magnetic Separators
- By Application:
- Mining
- Aggregate
- Recycling
- Foundry
- Others
- 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 Suspended Magnetic Separators 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.
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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?
Suspended Magnetic Separators are a type of separation equipment that uses magnets to separate materials. The magnets suspend the materials above a moving magnetic field, which separates the materials based on their magnetic properties.
Some of the key players operating in the suspended magnetic separators market are Eriez, Bunting Magnetics, Goudsmit Magnetics, Ohio Magnetics, Walker Magnetics, KANETEC, Industrial Magnetics (IMI), Malvern, Shandong Huate Magnet, Yueyang Dalishen, Nippon Magnetics, IFE Aufbereitungstechnik, STEINERT, Dings Magnetic Group, ELEKTROMAG, Cogelme, Ma¢â‚¬â„¢anshan Baiyun Environment Protection Equipment, Magnetic Systems International (MSI), Fushun Ejet Magnetic Equipment.
The suspended magnetic separators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Suspended Magnetic Separators 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. Suspended Magnetic Separators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Suspended Magnetic Separators Market - Supply Chain
4.5. Global Suspended Magnetic Separators Market Forecast
4.5.1. Suspended Magnetic Separators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Suspended Magnetic Separators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Suspended Magnetic Separators Market Absolute $ Opportunity
5. Global Suspended Magnetic Separators 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. Suspended Magnetic Separators Market Size and Volume Forecast by Type
5.3.1. Permanent Suspended Magnetic Separators
5.3.2. Electromagnetic Suspended Magnetic Separators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Suspended Magnetic Separators 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. Suspended Magnetic Separators Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Aggregate
6.3.3. Recycling
6.3.4. Foundry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Suspended Magnetic Separators 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. Suspended Magnetic Separators 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 Suspended Magnetic Separators 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. Suspended Magnetic Separators 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 Suspended Magnetic Separators Demand Share Forecast, 2019-2026
9. North America Suspended Magnetic Separators 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 Suspended Magnetic Separators 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 Suspended Magnetic Separators Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Aggregate
9.4.3. Recycling
9.4.4. Foundry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Suspended Magnetic Separators Market Size and Volume Forecast by Type
9.7.1. Permanent Suspended Magnetic Separators
9.7.2. Electromagnetic Suspended Magnetic Separators
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 Suspended Magnetic Separators Demand Share Forecast, 2019-2026
10. Latin America Suspended Magnetic Separators 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 Suspended Magnetic Separators 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 Suspended Magnetic Separators Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Aggregate
10.4.3. Recycling
10.4.4. Foundry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Suspended Magnetic Separators Market Size and Volume Forecast by Type
10.7.1. Permanent Suspended Magnetic Separators
10.7.2. Electromagnetic Suspended Magnetic Separators
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 Suspended Magnetic Separators Demand Share Forecast, 2019-2026
11. Europe Suspended Magnetic Separators 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 Suspended Magnetic Separators 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 Suspended Magnetic Separators Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Aggregate
11.4.3. Recycling
11.4.4. Foundry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Suspended Magnetic Separators Market Size and Volume Forecast by Type
11.7.1. Permanent Suspended Magnetic Separators
11.7.2. Electromagnetic Suspended Magnetic Separators
11.8. Basi 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 Suspended Magnetic Separators Demand Share, 2019-2026
12. Asia Pacific Suspended Magnetic Separators 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 Suspended Magnetic Separators 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 Suspended Magnetic Separators Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Aggregate
12.4.3. Recycling
12.4.4. Foundry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Suspended Magnetic Separators Market Size and Volume Forecast by Type
12.7.1. Permanent Suspended Magnetic Separators
12.7.2. Electromagnetic Suspended Magnetic Separators
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 Suspended Magnetic Separators Demand Share, 2019-2026
13. Middle East & Africa Suspended Magnetic Separators 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 Suspended Magnetic Separators 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 Suspended Magnetic Separators Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Aggregate
13.4.3. Recycling
13.4.4. Foundry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Suspended Magnetic Separators Market Size and Volume Forecast by Type
13.7.1. Permanent Suspended Magnetic Separators
13.7.2. Electromagnetic Suspended Magnetic Separators
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 Suspended Magnetic Separators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Suspended Magnetic Separators Market: Market Share Analysis
14.2. Suspended Magnetic Separators Distributors and Customers
14.3. Suspended Magnetic Separators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eriez
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bunting Magnetics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goudsmit Magnetics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ohio Magnetics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Walker 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. KANETEC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Industrial Magnetics (IMI)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Malvern
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Huate Magnet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yueyang Dalishen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nippon Magnetics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. IFE Aufbereitungstechnik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. STEINERT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dings Magnetic Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ELEKTROMAG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Cogelme
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Maanshan Baiyun Environment Protection Equipment
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Magnetic Systems International (MSI)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Fushun Ejet Magnetic Equipment
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
