Global Industrial Agitator Market Overview
According to Market Research Future (MRFR), The global industrial agitator market is expected to reach approximately USD 3.1 billion at a 4.70% CAGR from 2022 to 2030 (forecast period). The report explores the effect of coronavirus on prominent agitator manufacturers in the global industrial agitator industry and provides a complete analysis of the Covid-19 market effect assessment by type, application, and region.
The industrial agitator is a mechanical device commonly used in the process industries like the chemical, pharmaceutical, and cosmetic industries. The primary purpose of the mechanical agitator is to assimilate liquids, merge the chain of chemical reactions, process homogeneous liquids at high volume, and increase the heat transfer in the form of heating and cooling process. This agitator is used explicitly in stirring and mixing gases and liquids.
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The industrial agitator is designed and developed in different forms as per different applications like mixers, large tank mixers, portable mixers, drum mixers, etc. These mixers transformed into the blending process, which basically consists of assimilating the solid-liquid bulk solids and liquid-liquid, gas-liquid, and viscous materials.
Industrial Agitator Market Dynamics
The advent of industrial agitators in the manufacturing and processing industries and the growing promotion by environmental agencies of agitators that minimize environmental waste are estimated to bolster the industrial agitator market over the forecast period. Agitators are very important for the chemical sector, which is needed to mix gases in equal proportion, which is considered one of the fueling factors for the industrial agitator market.
On the other hand, the high installation costs and the constant need for maintenance and repair of the industrial devices are anticipated to impede the growth of the industrial agitator over the review period.
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Industrial Agitator Market Regional Analysis
Geographically, the global industrial agitator has been segmented into North America, Asia Pacific, Europe, and the Rest of the World.
North America is presumed to be the dominant region in the industrial agitator market. The United States of America and Mexico are the leading countries in the region. This is due to the advanced technical infrastructure that allows local manufacturers to develop and design the agitators according to different industrial verticals. In addition, Asia Pacific is also projected to be the fastest-growing region in the industrial agitator market over the forecast period. China, Japan, and India are the leading countries in the region due to increasing industrialization and increased investment from advanced economies to improve the manufacturing sector. Europe is predicted to have substantial growth over the forecast period.Industrial Agitator Market Segmentation
The global market for industrial agitator has been segmented into type, component, model, form, and application.
Based on the type, the global industrial agitator market has been segmented into the top entry, side entry, bottom entry, portable, and static.
Based on the model, the global industrial agitator market has been segmented into large tank mixers, drum mixers, portable mixers, and others.
Based on the component, the global industrial agitator market has been segmented into heads, sealing systems, impellers, anchor, turbine, propeller, paddle, and others.
Based on form, the global industrial agitator market has been segmented into the solid-solid mixture, solid-liquid mixture, liquid-liquid mixture, and liquid-gas mixture.
Based on application, the global industrial agitator market has been segmented into chemical, mining, food & beverages, pharmaceutical, paint and coatings, cosmetics, and others.
Key Players
Some of the industry giants in the global industrial agitator market are Xylem, Inc. (U.S.), SPX Flow, Inc. (U.S.), Tacmina Corporation (Japan), Sulzer Ltd. (Switzerland), Philadelphia Mixing Solutions Ltd. (U.S.), Dynamix Agitators Inc. (Canada), Statiflo International Ltd. (U.K.), Ekato Holdings GmbH (Germany), Mixer Direct, Inc. (U.S.), Fluid Kotthoff GmbH (Germany), KSB (U.S.) and Silverson Machines Inc. (U.K.).
