About Magnetic Bullet Separator
Bullet Magnets are the industry standard for several vertical gravity-fed installations for removing metal particles from dry free-flowing products. The Magnetic Bullet Separator consists of a cylindrical magnet system positioned in a very stainless-steel housing; the housing consists of flanges for integration into existing pipelines. A cone on the prime of the magnet system ensures the equal distribution of material for increased extraction. Applications in different end-use industries are rising the demand for Automatic Magnetic Bullet Separators.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market for the Magnetic bullet separator is fragmented by key players catering to the need for the elimination of contamination of metal contaminants in different applications like food, ceramics, etc. The players should focus on employing advanced technology to ensure the automation of procedure and efficiency of removal of contaminants to sustain the high competition. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Magnetic Bullet Separator market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eriez (United States), Goudsmit Magnetics (Netherlands), Industrial Magnetics (United States), Eclipse Magnetics (United Kingdom), Nippon Magnetics (Japan), Metso (Finland), Bunting Magnetics (United States), Multotec (South Africa) and K.W. Supply Magneetsystemen (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are STEINERT (Germany), LONGi Magnet (China), Kanetec (Japan), Sollau (Czech Republic) and Shandong Huate Magnet Technology (China).
Segmentation Overview
AMA Research has segmented the market of Global Magnetic Bullet Separator market by Type (Electromagnet and Permanent Magnet) and Region.
On the basis of geography, the market of Magnetic Bullet Separator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. If we see Market by Automation, the sub-segment i.e. Manual will boost the Magnetic Bullet Separator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Ceramic will boost the Magnetic Bullet Separator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Magnetic Bullet Separator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of Automation with Help of Artificial Intelligence and Internet of Things in Magnetic Bullet Separator
Market Growth Drivers:
Rising Demand for Primary Contamination Remover Like Nuts, Bolts, Screws from Bulk and Increasing Government Investments in Smart Machinery in Industries for the Industry 4.0
Challenges:
Less Awareness about the Magnetic Bullet Separator as Product
Restraints:
High Costs involved in Employment and Maintenance of Magnetic Bullet Separator
Opportunities:
Rising Demand for the Magnetic Bullet Separator in Food Plants for the Safer Separation of Contaminants
Market Leaders and their expansionary development strategies
In August 2019, Mesto Signed with Outotec to merge mesto minerals the mineral division of mesto and Outotec to created the new company named Outotec
In September, 2021, Goudsmit Magnetics of Waalre, the Netherlands, has introduced a rotating magnetic separator designed for the ferrous-metal-free processing of lithium-ion powder intended for batteries. The company states the nickel, cadmium and lithium cathode powders must be of optimal quality to guarantee the operation of a battery. One iron-bearing metal contamination present in the powder reduces the quality of the material mix and primes to a battery's short life, according to Goudsmit., and 07October, 2021 Metso Outotec also recently announced the introduction of its versatile magnetic separators portfolio. According to Metso Outotec Metal Recycling, the company has taken the next step in terms of digitization with Index, which is an intelligent way to increase machine productivity, optimize the cost-benefit ratio and identify limiting parameters at an early stage.
Key Target Audience
Magnetic Bullet Separator Manufacturer, Component Provider, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.