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Global Magnetic Separation Equipment Market: Trends and Opportunities in the Mining Industry
published date: 2019/5/3

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PTMS MAGNETIC SEPARATOR

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The fate of the global iron separator market is closely related to the fate of the mining industry. The mining industry has been hit by global industrialization and urbanization, which in turn has driven demand for iron removers. The trend of rising global commodity prices has also spurred the mining industry.
Another factor contributing to the global iron separator market is the emergence of technologically improved iron removers, which have enhanced functions, energy savings, automatic cooling of the electromagnets and improved purification capabilities, thereby reducing maintenance and repair costs. Responding to market growth is the large amount of expenditure required for R&D activities.

According to the types of magnets used in different equipment, the global separator market can be divided into electromagnets, permanent magnets and self-cleaning magnets. Among them, the electromagnet is used to remove a large amount of iron nuggets from the ore gangue mixture. Permanent magnets can be used to separate the impurity ferrous particles from the ore. Once the collection of these particles is complete, they are removed from the magnet using non-metallic stainless steel. Self-cleaning magnets rely on a combination of electromagnets and permanent magnets. Such magnets automatically remove and separate magnetic and non-magnetic particles from the ore.

Global Iron Removal Market: Regional Outlook

Geographically, the major parts of the global iron removal market for the mining industry are North America, Asia Pacific, Europe and the rest of the world. Among them, the Asia-Pacific region is a key market for fast-growing developing economies in India and China, and manufacturing in these countries is growing rapidly. These are driving the rapid adoption of high quality mining minerals. In addition, the increase in radioactive mining activities in these countries will also drive the iron removal market.

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