Magnetic separation is a process in which a magnetically susceptible material is extracted from a mixture using magnetic force. Magnetic separation equipment is used in various applications across mining and aggregates industry; light industries; and recycling, water and wastewater industries to separate magnetic material from the non-magnetic or less magnetic material.
Technavio’s analysts forecast the global magnetic separation equipment market to grow at a CAGR of 3.01% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global magnetic separation equipment market for 2017-2021. To calculate the market size, the report considers the demand for MSE for various applications.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Magnetic Separation Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Dings Magnetic Group - Eclipse Magnetics - Eriez Manufacturing - Metso
Market driver - Increasing applications in recycling industry - For a full, detailed list, view our report
Market challenge - Slowdown in mining industry, resulting in declining CAPEX - For a full, detailed list, view our report
Market trend - Reduction in operational cost of superconducting magnet separation - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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