● Market size: Global magnetic-application equipment market is projected to grow at 6 % CAGR from 2023 to 2027, reaching USD 1.604 billion.
● Battery output: China alone shipped 486 GWh of power batteries in 2023.
● Trend: Ternary (NCM) and lithium-iron-phosphate (LFP) chemistries are scaling in parallel, pushing the magnetic-impurity limit to ≤ 50 ppb for Fe, Cr, Ni.
● Drivers: Energy-density gains, longer cycle life, and stricter safety mandates.

● Market size: Global engineering-plastics demand reached 22 Mt in 2023 and is growing at ~4 % CAGR; automotive & E&E sectors account for 60 % of volume.
● Key trend: Down-stream specifications now limit metallic contamination to < 50 ppm for safety-critical parts and < 10 ppm for high-voltage connectors.
● Drivers: Miniaturization, electrification, and tighter flammability standards (UL 94, IEC 60695).

Global crude-steel output exceeded 1.85 Gt in 2023, driven by demand for high-strength automotive sheet, electrical steels and low-carbon construction grades.
Key trends: ultra-low inclusion levels (< 5 ppm total oxides), scrap-based electric-arc-furnace (EAF) routes, and stringent environmental regulations (ISO 14001, EU BAT).

● Market size: Global food-grade and pharma-grade magnetic separation equipment market is expected to grow at 7 % CAGR from 2024 to 2028, reaching USD 1.1 billion.
● Growth engines: Rising food safety regulations, pharmacopeia purity limits, and consumer demand for “zero-metal” products.
● Regulations: US FDA Food Safety Modernization Act (FSMA), EU Regulation 2023/915, USP <788> & <789>, and ISO 22000.

● Market size: Global light-vehicle output exceeded 86 million units in 2023; EV share surpassed 14 %.
● Key trends: Lightweighting, electrified powertrains, and zero-defect assembly push metallic-contamination limits to < 30 ppm for safety-critical parts.
● Policy drivers: IATF 16949, ISO 26262 functional safety, and ELV recycling mandates.

● Global market: Magnetic separation equipment for chemicals is growing at 5.8 % CAGR and expected to reach USD 1.2 billion by 2027.
● Key segments: Fine chemicals, petrochemical catalysts, agrochemicals, pigments, and specialty polymers.
● Regulatory push: REACH, FDA 21 CFR, and ISO 9001 increasingly demand metal-inclusion ≤ 10 ppm.
● Process trend: Continuous-flow plants, high-purity APIs, and closed-loop solvent recovery.

● Market size: Global construction & demolition (C&D) waste surpassed 3.0 B t/year; magnetic equipment segment is growing at 7 % CAGR through 2028.
● Policy push: EU Waste Framework Directive & China’s “Zero-Waste City” pilots mandate ≥ 70 % recycling rate by 2030.
● Material focus: Reinforced concrete, mixed demolition debris, asphalt, brick, wood, non-ferrous metals—magnetic separation is the first mechanical step to secure clean aggregates.