Magnetic Separator Market - Global Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights

Magnetic separation equipment is used to detect and separate magnetically susceptible material from a mixture using magnetic force. This equipment is highly utilised in various industries such as chemical, coal, food, glass, mineral processing, packaging, pharmaceuticals, plastic and rubber, and recycling. The application ofmagnetic separators ensures product purity and protects further processing of materials from metal damage.

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By taking advantages of differences in magnetic properties of materials, this equipment separates ferrous material from nonferrous material. These units utilise wired coils and direct currents to provide intense magnetic fields. For coal, limestone, sand and other aggregate applications, heavy and powerful magnetic separators are used.

Magnetic separators are segmented on the basis of the strength of magnetic fieldinto weak, moderate and strong. The weak magnetic separators are mainly used in processing ferromagnetic minerals such as titanium magnetite, ferrosilicon and magnetite. Partial oxidation and strong magnetic minerals are separated by the moderate magnetic separators.Out of the three segments, the moderate magnetic separators are expected to grow at high rate due to growth in the mineral processing equipment market.

Segmentation of the magnetic separator market is also done on the basis of materials, i.e. wet type magnetic separator and dry type magnetic separator. The share of the wet type magnetic separator market has gradually been shrinking, whereas due limited water resources and demand in process efficiency, the market for dry magnetic separators has been further strengthened.

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The global magnetic separator market is expected to grow linearly due to a rise in the demand for minerals and ores which are used as raw material for different...