Magnetic Filter Market is segmented By Type (10-30 μm, 30-60 μm, Above 60 μm), By Application (Oil &...
Market Size in USD Bn
CAGR7.00%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 7.00% |
Market Concentration | High |
Major Players | Eclipse Magnetics, Permanent Magnets Ltd, Goudsmit Magnetics, Magnom, Procema and Among Others |
The Global Magnetic Filter Market is estimated to be valued at USD 12.20 Billion in 2025 and is expected to reach USD 19.59 Billion by 2032, growing at a compound annual growth rate (CAGR) of 7.00% from 2025 to 2032.
The magnetic filter market is experiencing positive growth trends across the globe. There is rising adoption of magnetic filters in various industrial applications such as automotive, food and beverage, manufacturing, chemicals, and others. Manufacturers are focusing on development of advanced magnetic filters with improved filtering capabilities. Also, stringent regulations regarding wastewater treatment fuels demand for magnetic filters. Growing industrialization and increasing focus towards water conservation are some of the major factors driving the growth of magnetic filter market during the forecast period.