The global industrial agitators market size reached US$ 2.0 Billion in 2022. Looking forward, the market is expected to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.47% during 2022-2028.
Industrial agitators are rotating machines that mix and homogenize different types of products with equal phases by creating a flow between liquids and solids. They are utilized in various industry verticals for heat transfer, suspension, emulsification, high viscosity blending, and gas dispersion. Nowadays, several manufacturers are offering a comprehensive range of high-efficiency advanced industrial agitators. These agitators provide high-speed solutions to easily transform raw materials into the desired product of stainless steel, plastic, or fiberglass reinforced plastics (FRP) tanks.
2. What is the expected growth rate of the global industrial agitators market during 2023-2028?
3. What has been the impact of COVID-19 on the global industrial agitators market?
4. What are the key factors driving the global industrial agitators market?
5. What is the breakup of the global industrial agitators market based on the mounting type?
6. What are the key regions in the global industrial agitators market?
7. Who are the key players/companies in the global industrial agitators market?
Industrial agitators are rotating machines that mix and homogenize different types of products with equal phases by creating a flow between liquids and solids. They are utilized in various industry verticals for heat transfer, suspension, emulsification, high viscosity blending, and gas dispersion. Nowadays, several manufacturers are offering a comprehensive range of high-efficiency advanced industrial agitators. These agitators provide high-speed solutions to easily transform raw materials into the desired product of stainless steel, plastic, or fiberglass reinforced plastics (FRP) tanks.
Industrial Agitators Market Trends
The extensive use of industrial agitators in different sectors represents one of the major factors bolstering the market growth. For instance, they are employed in the pharmaceutical industry to improve the overall performance and reduce the production cost of medicines. Additionally, the growing prevalence of chronic diseases is influencing the market positively. Moreover, the escalating demand for ready-to-eat (RTE) food products is increasing the utilization of industrial agitators in the food and beverage (F&B) industry worldwide. They are also used in water and wastewater management, wherein they perform coagulation and mixing, solids suspension, dissolution, destratification and recirculation, and flocculation. Furthermore, the growing focus of governing agencies on upgrading existing wastewater treatment plants is also contributing to the market growth. Apart from this, the rising popularity of biodiesel is fueling the use of industrial agitators in the oil and gas industry for mixing petrochemicals. In line with this, due to rising environmental concerns and increasing energy conservation initiatives, governments of several countries are supporting the utilization of biodiesel in vehicles, power generation, and residential and commercial heating. This is anticipated to create a positive outlook for the market.Key Market Segmentation
This research provides an analysis of the key trends in each sub-segment of the global industrial agitators market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, mounting type, distribution channel and industry vertical.Breakup by Type:
- Industrial Stirrer
- Paint Mixers
- High Speed Stirrers
- Chemical Agitators
Breakup by Mounting Type:
- Top-mounted
- Side-mounted
- Bottom-mounted
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Industry Vertical:
- Chemicals and Paints
- Material and Construction
- Food and Beverages
- Pharmaceutical
- Consumer Goods
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Dynamix Agitators Inc., EKATO Holding Gmbh, Mixer Direct, NOV Inc., Silverson, SPX FLOW Inc., Statiflo International Ltd., Sulzer Ltd, TACMINA CORPORATION and Xylem Inc.Key Questions Answered in This Report
1. What was the size of the global industrial agitators market in 2022?2. What is the expected growth rate of the global industrial agitators market during 2023-2028?
3. What has been the impact of COVID-19 on the global industrial agitators market?
4. What are the key factors driving the global industrial agitators market?
5. What is the breakup of the global industrial agitators market based on the mounting type?
6. What are the key regions in the global industrial agitators market?
7. Who are the key players/companies in the global industrial agitators market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Industrial Agitators Market
6 Market Breakup by Type
7 Market Breakup by Mounting Type
8 Market Breakup by Distribution Channel
9 Market Breakup by Industry Vertical
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
Companies Mentioned
- Dynamix Agitators Inc.
- EKATO Holding Gmbh
- Mixer Direct
- NOV Inc.
- Silverson
- SPX FLOW Inc.
- Statiflo International Ltd.
- Sulzer Ltd
- TACMINA CORPORATION
- Xylem Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | November 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 2 Billion |
| Forecasted Market Value ( USD | $ 2.6 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
