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Global Forecast: Magnetic Separator Market to Hit $1.56B by 2030, Led by Recycling & Lithium Batteries

2026-06-13
June 12, 2026 — UK-based TBRC projected the global magnetic separator market to reach $1.56B by 2030, growing at 5.9% CAGR.
  • Key drivers: Solid waste recycling (+7.2%), lithium battery recycling (+9.8%), food/pharma (+5.1%), mining (+4.3%).
  • Tech trends: High-gradient EM, superconducting separation, intelligent self-cleaning; drawer grate magnets and rotary grate magnets evolving toward higher field strength, smaller footprint, longer life.
  • Regional share: Asia-Pacific 35%, Europe 28%, North America 22%, LAMEA 15%; Chinese exports rising steadily.