The global industrial agitators market is anticipated to reach market size of around US$ 4,500 Mn by 2027 and growing at a CAGR of around 6% in terms of revenue during the forecast period 2020 to 2027.
Industrial agitators are the equipment used for the manufacturing of various medicinal, chemical, personal and cosmetic goods, foods and other products. These methods are used to combine fluids, boost heat transfer, maintain and store homogeneous fluid and promote chemical reactions.
The increased demand to integrate substances with a specific density of low energy consumption, to continuously expand the production & processing sectors and to raise demand for products is likely to fuel business growth. Additionally, the tremendous consumer demand has resulted in huge adoption of custom agitators. The growth of the industrial agitator market would also encourage advantageous features of the commodity such as durability, solid structure and quick mixing. The growing demand for the drug to mitigate pollution contaminants such as sulfur is likely to increase both the drug range and the distribution across the world. The huge demand for customization and a substitution for conventional agitators will also increase the market size of the industrial agitator. The new technology is an industrial agitator which is projected to develop at a high rate as the global output market grows. The big developments in the near future will be the global agitator for this sector. Industrial agitators for various mixing purposes are commonly used in the automotive industry. The rapidly growing demand for industrialization and urbanization often raises global agitators' demand in the emerging countries.
The market research study on “Industrial Agitators Market (By Mounting: Top mounted, Side mounted, Bottom mounted; By Model: Large tank agitators, Drum agitators, Portable agitators, and Others; By Mixing Methods: Solid-solid mixture, Solid-liquid mixture, Liquid-liquid mixture, Liquid-gas mixture; By Component: Heads, Sealing systems, Impellers, Others; By Industry: Chemical, Mining, Food and Beverage, Pharmaceutical, Paint and Coating, Cosmetics, and Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global industrial agitators market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global industrial agitators market are mounting, model, mixing methods, component, industry, and major geographic regions. The industrial agitators market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
Water scarcity, changes in the government regulation, and rise in pollution are the factors that are anticipated to dominate the growth of industrial agitators market in Asia Pacific. In addition, rapid industrialization will be the key growth factors for the Asia Pacific industrial agitator market in emerging economies like Indonesia, China, Thailand, and India. The North American is expected to show maximum growth during forecast period due to growing supply and demand for products in countries like Canada and the U.S. At the other hand, an improvement in nutraceutical appeal and consumer demand for healthy diets would greatly add to the region industrial agitators market growth.
The global industrial agitators market is competitive and specific approaches like product releases, acquisitions, alliances, joint ventures, collaborations, procurement programs, and other actors have been used by the main players in order to strengthen their place in this sector in the long term. Major players included in this report Alfa Laval AB, Xylem, Inc., Mitsubishi Kakoki Kaisha, Mixer Direct Inc., Satake, Ekato Holdings GmbH, Zhejiang Great Wall Mixers, Sulzer Ltd., Tacmina Corporation, Silverson Machines Ltd., Philadelphia Mixing Solutions, Ltd., Mixel Agitators, SPX FLOW, Inc., Statiflo International Ltd., Dynamix Agitators Inc., Silverson Machines, Inc., De Dietrich Process Systems, Fluid Kotthoff GmbH and others.
The global industrial agitators market is segmented as below:
Industrial Agitators Market By Mounting
Industrial Agitators Market By Model
Industrial Agitators Market By Mixing Method
Industrial Agitators Market By Component
Industrial Agitators Market By Industry
Industrial Agitators Market By Geography
Middle East & Africa