1. Introduction of Eddy Current Separators Market Type
Stationary Eddy Current Separators: The stationary eddy current separator has large access panels surrounding the machine for easy maintenance, and the compact design requires less space. They can handle high volumes of material because the conveyor belts separate and remove non-ferrous metals continuously and fully automatically.
Mobile Eddy Current Separators: Mobile eddy current separators can be placed anywhere on construction sites or in the field. The Mobile Vortex Separator is an efficient, mobile and low-maintenance solution that takes mobile waste sorting to a whole new level. The design is focused on providing operators with an unparalleled combination of flexibility and powerful performance in mobile plants.
2. Global Eddy Current Separators Market Size by Type
The global eddy current separator market shows a growth trend in market size by type from 2018 to 2023. The market size of stationary eddy current separators was US$63.30 million in 2018, grew slightly to US$63.70 million in 2019, declined slightly to US$59.29 million in 2020, but grew significantly to US$71.48 million in 2021 USD, further growing to USD 81.54 million in 2022 and USD 86.51 million in 2023. The market size of mobile eddy current separators will grow from US$5.83 million in 2018 to US$9.38 million in 2023.
Overall, fixed eddy current separators dominate the market, and their market size shows an accelerated growth trend after 2020, while mobile eddy current separators also show continued growth despite their smaller market size situation. This demonstrates the increasing importance and demand of eddy current separators in the recycling industry.
Figure Global Eddy Current Separators Market Size (M USD) by Type
3. Global Eddy Current Separators Market Historical Sales Analysis by Type
The global eddy current separator market sales volume by type is showing a growing trend from 2018 to 2023. The sales volume of fixed eddy current separators was 633 units in 2018, increased to 660 units in 2019, dropped slightly to 632 units in 2020, but grew significantly to 724 units in 2021, and further increased to 791 units in 2022, It will reach 858 units in 2023. The sales volume of mobile eddy current separators has steadily increased from 48 units in 2018 to 81 units in 2023, with a relatively stable growth rate.
Overall, stationary eddy current separators dominate the market, and their sales show an accelerated growth trend after 2020, while mobile eddy current separators also show continued growth despite their smaller market size situation.
Table Global Eddy Current Separators Historical Sales (Unit) by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Stationary Eddy Current Separators |
633 |
660 |
632 |
724 |
791 |
858 |
|
Mobile Eddy Current Separators |
48 |
53 |
55 |
62 |
70 |
81 |
|
Total |
681 |
713 |
687 |
786 |
861 |
939 |
4. Global Eddy Current Separators Market Forecasted Sales Analysis by Type
The global eddy current separator market sales volume by type is expected to continue growing from 2023 to 2029. Sales volume of fixed eddy current separators is expected to increase from 858 units in 2023 to 1216 units in 2029, showing stable growth. Mobile eddy current separator sales are expected to grow significantly from 81 units in 2023 to 140 units in 2029.
Table Global Eddy Current Separators Forecasted Sales (Unit) by Type (2023-2029)
|
|
2023 |
2024 |
2025 |
2026 |
2027 |
2028 |
2029 |
|
Stationary Eddy Current Separators |
858 |
924 |
988 |
1055 |
1111 |
1168 |
1216 |
|
Mobile Eddy Current Separators |
81 |
92 |
102 |
110 |
121 |
132 |
140 |
|
Total |
939 |
1016 |
1090 |
1165 |
1232 |
1300 |
1356 |
5. Global Eddy Current Separators Market Price Analysis by Type
From 2018 to 2023, the global eddy current separator price by type shows a general fluctuating trend. The price of stationary eddy current separators decreases from USD 100.0 thousand/unit in 2018 to USD 93.8 thousand/unit in 2020, before recovering in 2021 and 2022 to reach USD 100.8 thousand/unit in 2023.
Mobile Eddy Current Separator price decreases from USD 121.6 thousand/unit in 2018 to USD 106.5 thousand/unit in 2020, before increasing significantly in 2021 and 2022 to reach USD 115.8 thousand/unit in 2023.
Table Global Eddy Current Separators Price (K USD/Unit) by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Stationary Eddy Current Separators |
100.0 |
96.5 |
93.8 |
98.7 |
103.1 |
100.8 |
|
Mobile Eddy Current Separators |
121.6 |
115.1 |
106.5 |
118.1 |
123.4 |
115.8 |
|
Total |
101.5 |
97.9 |
94.8 |
100.3 |
104.7 |
102.1 |
6. Introduction of Eddy Current Separators Market Application
Automotive: Millions of cars are abandoned every year. Eddy current separators are widely used in the automobile crushing industry and are suitable for processing automobile crusher residues. Examples include foam, plastic, and carpet in car crusher lint.
Electrics: Due to the continuous advancement of technology, many electronic products become obsolete in a very short period, resulting in a large number of redundant and unnecessary electronic products. E-waste is any discarded electrical or electronic equipment. Eddy current separators can separate non-ferrous metals from electronic scrap.
Plastic & Rubber: Plastic and rubber materials are both made from the same family of polymers. Most recycled rubber comes from scrap tires. Eddy current separators are used to remove metallic contaminants from plastics and rubber.
Glass Recycling: Glass is recyclable and pollution-free. Waste glass is mostly thrown away with garbage, which not only wastes resources but also pollutes the environment. Waste glass contains impurities that will affect the quality of glass products. Therefore, impurities such as metal, paper, gravel, and ceramics must be removed from waste glass. Eddy current separators separate aluminum, copper, brass, and other non-ferrous metals from glass waste.
Mineral Industry: As high-grade ore is depleted and global demand continues to increase, processing and mining methods need to be upgraded. The combination of mechanical sorting and ECS technology is considered a feasible processing method. Eddy current separators are capable of separating non-ferrous metals such as aluminum and copper from dry recyclables.
7. Global Eddy Current Separators Market Size by Applications
From 2018 to 2023, the global eddy current separator market will show a growth trend in terms of market size in different application fields. The automotive industry market size will grow from US$15.01 million in 2018 to US$19.03 million in 2023, showing stable growth. The market size of the electronics industry has grown significantly from US$16.88 million in 2018 to US$23.67 million in 2023. The plastics and rubber market size will grow steadily from US$12.93 million in 2018 to US$19.79 million in 2023. The glass recycling market size will grow significantly from US$16.06 million in 2018 to US$21.03 million in 2023. The market size of the mineral industry will grow from US$5.44 million in 2018 to US$8.16 million in 2023, with relatively slow growth. The market size of other applications will grow from US$2.82 million in 2018 to US$4.20 million in 2023.
Overall, the electronics and glass recycling sectors have seen the most significant growth in market size, while the mineral industry has experienced relatively slow growth.
Figure Global Eddy Current Separators Market Size (M USD) by Applications
8. Global Eddy Current Separators Market Forecasted Revenue Analysis by Application
The forecast revenue of global eddy current separators in different application areas is expected to continue to grow from 2023 to 2029. The automotive industry is expected to grow from $19.03 million in 2023 to $23.48 million in 2029. The electronics industry is expected to grow from $23.67 million in 2023 to $33.09 million in 2029. Plastics and rubber are expected to grow from $19.79 million in 2023 to $29.51 million in 2029. Glass recycling is expected to grow from $21.03 million in 2023 to $27.28 million in 2029. The mineral industry is expected to grow from $8.16 million in 2023 to $12.49 million in 2029. Other applications are expected to grow from $4.20 million in 2023 to $6.40 million in 2029.
Table Global Eddy Current Separators Forecasted Revenue (M USD) by Application (2023-2029)
|
|
2023 |
2024 |
2025 |
2026 |
2027 |
2028 |
2029 |
|
Automotive |
19.03 |
19.65 |
20.88 |
21.41 |
22.57 |
23.27 |
23.48 |
|
Electrics |
23.67 |
25.04 |
27.34 |
28.72 |
30.76 |
32.01 |
33.09 |
|
Plastic & Rubber |
19.79 |
20.99 |
23.10 |
24.65 |
26.96 |
28.57 |
29.51 |
|
Glass Recycling |
21.03 |
22.11 |
23.90 |
24.69 |
25.95 |
26.55 |
27.28 |
|
Mineral Industry |
8.16 |
8.83 |
9.90 |
10.47 |
11.36 |
11.81 |
12.49 |
|
Others |
4.20 |
4.56 |
5.11 |
5.60 |
5.85 |
6.03 |
6.40 |
|
Total |
95.89 |
101.18 |
110.24 |
115.53 |
123.46 |
128.24 |
132.26 |
