Global research institute GEP issued a 2026 global market report on high-strength magnetic iron removal equipment on July 13, forecasting the full-year market size to reach USD 5.21 billion, with the Asia-Pacific region accounting for 58.2% and China ranking as the world’s largest exporter with USD 640 million export volume.
Purification of lithium, rare earth and high-purity quartz becomes the core growth track, driving surging demand for micron-level high-precision iron removal equipment. Nickel mines in Indonesia and lithium mines in Australia massively purchase slurry electromagnetic separators and self-discharging grate iron removers. The report notes the US launched Section 201 investigation on high-field magnetic separators, making the Middle East and Latin America key alternative export markets for Chinese products, with intelligent and low-energy models favored by overseas buyers.