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Strong Domestic Market Demand Driven by Lithium Battery Recycling and Policy Guidance

2026-05-08

China’s magnetic separator market size has exceeded USD 4.5 billion, contributing over 35% to the global total. The booming lithium battery recycling industry has driven a 23% year-on-year sales increase of dry magnetic separation equipment, with the Yangtze River Delta and Pearl River Delta as major consumption regions.

New national regulations on strategic mineral resources require mineral processing plants to maintain a magnetic separation rate above 90%, accelerating the replacement of outdated traditional equipment. Chinese manufacturers have achieved remarkable technological progress, holding 41% of global magnetic circuit design patents. Export performance remains robust, with export volume rising by 17% year by year, mainly supplying mining markets in Southeast Asia and Africa.

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