Industrial Agitators Market Size, Share, Growth Report 2032

Industrial Agitators Market

Industrial Agitators Market - By Industry (Mining, Chemical, Pharmaceutical, Food & Beverage, Cosmetics, Paint & Coating, And Others), By Model (Portable Agitators, Drum Agitators, Large Tank Agitators, And Others), By Mounting (Top Mounted, Bottom Mounted, And Side Mounted), By Component (Impellers, Sealing Systems, Heads, And Others), By Mixing Method (Solid-Liquid Mixture, Liquid-Gas Mixture, Liquid-Liquid Mixture, And Solid-Solid Mixture), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-429 Published Date: Jul-2020 Status : Published

Global Industrial Agitators market, which accrued proceeds worth 3.96 (USD Billion) in 2019, is set to record the CAGR of nearly 6.96% over the period from 2020 to 2026

The global Industrial Agitators market, which accrued proceeds worth 3.96 (USD Billion) in 2019, is set to record the CAGR of nearly 6.96% over the period from 2020 to 2026. The report offers assessment and analysis of the Industrial Agitators market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Global Industrial Agitators Market SizeRequest Free Sample

Introduction

Industrial agitators are the devices that are utilized for processing products in food, pharmaceutical, personal care, chemical, and cosmetic industries. These equipment are utilized for mixing liquids, increase the transfer of heat, preserve & store homogenous fluids, and increase the reaction rate between the chemicals. Apparently, industrial agitators are utilized for carrying out various operations like maintaining of bulk of homogeneous liquids at the time of storage.

Industrial agitators are used for various mixing applications in manufacturing industries including petrochemical, chemical, oil and gas, pharmaceutical, and food and beverages. Industrial agitators help to get a desired level of uniformity while mixing two or more materials in different proportions and viscosities. Water and wastewater treatment industries also use industrial agitators to clean water in order to remove various pollutants such as sulfur in the water.

Global industrial agitators market is mainly driven by the increasing application in small and medium sized business owing to the advancement in the technology and operating cost of the industrial agitators. The high processing speed and lower power requirement of the modern industrial mixer have reduced the overall manufacturing cost of industries.

Market Growth Dynamics

Escalating demand for mixing substances of various densities with reduced power usage, rapidly emerging production activities, thriving process sectors, and surge in demand for personalized industrial agitators will propel the market growth in the near future. Apart from this, increase in the complicatedness of goods processing has resulted in huge demand for industrial agitators in the recent times.

Furthermore, technological innovations in agitators like rise in the flexibility and device structure will create huge growth avenues for industrial agitators industry over the estimated timespan. In addition to this, beneficial features like toughness, impact resistance, and power proficiency are projected to impel the product demand in plethora of industries over the forecasting years. Growing focus on product differentiation will offer new growth dimensions to industrial agitators market over the ensuing years. Need for specific designing, desired level of capacity, and high precision for facilitating effective mixing in food & beverages & chemical & petrochemical industries will transform into lucrative product demand in the years ahead.

On the basis of product type, the report segments the global industrial agitator market into side entry, top entry, portable, bottom entry, and static. The demand for top entry product was the highest in 2015. Top segment is expected to dominate the industrial agitator market over the forecast period due to the increased application of top entry industrial agitators across industries such as water and wastewater treatment, petrochemical, and oil and gas. By application, the market is segmented as chemical, oil, gas and petrochemical, water and wastewater treatment, food and beverages, and pharmaceuticals. Chemical is one of the dominating application segments in the global market. This growth can be contributed due to the increasing demand for customized agitators in this sector. The sector has high requirements for suspension, mixing, and dispersion of raw materials. Hence, there is high demand for implementation of these devices. Water and wastewater segment is also anticipated to record rapid growth over the forecast period.

Water and wastewater application is expected to exhibit healthy growth due to increased demand for wastewater treatment solutions. This segment has huge requirements for agitators that have high durability, reliability, and efficient performance. Agitator equipment is used for pre-treatment of municipal and industrial water filtration. The crisis of water shortage in many regions is enforcing the increased requirement of water treatment solution equipment, which will boost the demand for agitators over the forecast period.

North America To Contribute Majorly Towards Global Market Share During 2020-2026

The surge in the penetration of industrial agitators in North America and rise in the demand for technically innovative products will steer the market growth in the sub-continent over the estimated timespan. Apart from this, surging need for proficient and personalized industrial agitators in process industries in North America will embellish the market trends in the region over the forecast timespan.

North America is anticipated to be a significant region for the industrial agitators, due to the high product penetration and increasing the need for technologically advanced products. Asia Pacific is expected to be the fastest-growing region owing to the presence of robust economies such as China, India, and Japan. The shift from conventional utilization capacity to focus on the capability to perform efficient and timely order fulfillment is expected to boost the regional manufacturing sector, thereby, augmenting the demand for industrial agitators.

Key players influencing the market growth include Mixer Direct, Inc., Silverson Machines Inc., Statiflo International Ltd., SPX Flow, Inc., Dynamix Agitators Inc., Xylem, Inc., Philadelphia Mixing Solutions Ltd., Sulzer Ltd., Tacmina Corporation, and Ekato Holdings GmbH.

The global industrial agitators market is segmented as follows:

By Mounting

  • Top mounted
  • Side mounted
  • Bottom mounted

By Model

  • Large tank agitators
  • Drum agitators
  • Portable agitators
  • Others

By Mixing Method

  • 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
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Escalating demand for mixing substances of various densities with reduced power usage, rapidly emerging production activities, thriving process sectors, and surge in demand for personalized industrial agitators will propel the market growth over 2020-2026.

The CAGR of the industry is expected to be nearly 6.96% during the forecast timeline.

North America will contribute remarkably towards the global market share over the estimated timeline.

The key market players include SPX Flow, Inc., Xylem, Inc., Philadelphia Mixing Solutions Ltd., Sulzer Ltd., Mixer Direct, Inc., Dynamix Agitators Inc., Statiflo International Ltd., Tacmina Corporation, Silverson Machines Inc., and Ekato Holdings GmbH.

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