Global Permanent Magnet Concentrator Market Growth 2025-2031

The global Permanent Magnet Concentrator market size is predicted to grow from US$ 530 million in 2025 to US$ 866 million in 2031; it is expected to grow at a CAGR of 8.5% from 2025 to 2031.

Permanent magnetic concentrator is a device that uses the magnetic field generated by permanent magnetic materials to sort minerals. It is often used to enrich and purify magnetic minerals. Its working principle is to attract magnetic particles in the ore through the magnetic field and separate them from non-magnetic substances to achieve the purpose of mineral extraction. Due to the use of permanent magnets, no additional electrical energy is required to maintain the magnetic field. Therefore, this equipment has the advantages of low energy consumption and low operating costs. It is widely used in the beneficiation process of magnetic minerals such as iron ore and manganese ore.

As an efficient and energy-saving mineral processing equipment, the permanent magnet mineral concentrator plays an increasingly important role in modern mining due to its characteristic of maintaining a magnetic field without the need for additional power supply. Compared with traditional electromagnetic mineral processing equipment, permanent magnet mineral concentrators can not only significantly reduce energy consumption, but also have stable and reliable operating performance, reducing equipment maintenance costs. In addition, it shows higher sorting accuracy and recovery rate in processing magnetic minerals, and has strong adaptability. It has been widely used especially in the field of mineral sorting such as iron ore and ilmenite. With the development of magnetic material technology, permanent magnet concentrators may further improve their performance and application scope in the future, helping the green and sustainable development of the mining industry.

LP Information, Inc. (LPI) ' newest research report, the “Permanent Magnet Concentrator Industry Forecast” looks at past sales and reviews total world Permanent Magnet Concentrator sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Magnet Concentrator sales for 2025 through 2031. With Permanent Magnet Concentrator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Magnet Concentrator industry.

This Insight Report provides a comprehensive analysis of the global Permanent Magnet Concentrator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Magnet Concentrator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Permanent Magnet Concentrator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Magnet Concentrator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Magnet Concentrator.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Magnet Concentrator market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Drum Magnetic Separator
Flat Plate Magnetic Separator
Roller Magnetic Separator
Others

Segmentation by Application:
Mining
Coal Industry
Steel Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Elektromag
HSMAG
Eriez
Bunting Magnetics
Matech  Equipments
Electro Magnetic Industries
Force Magnetics
IP Magnate
Shandong Xinhai Mining Technology & Equipment
Fuan Mining
Jiangxi Hengchang Mining Machinery Manufacturing
Liangyou Machinery
Shanghai Dingbo Heavy Industry Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Permanent Magnet Concentrator market?

What factors are driving Permanent Magnet Concentrator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Permanent Magnet Concentrator market opportunities vary by end market size?

How does Permanent Magnet Concentrator break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.