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The latest report by IMARC Group, titled “Industrial Agitators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global industrial agitators market size reached US$ 1.9 Billion in 2021. Industrial agitators are rotating devices that are used for mixing various products with equal phases. They create a flow between liquids and solids for various processes such as heat transfer, suspension, emulsification, high viscosity blending, and gas dispersion. Industrial agitators also offer low power consumption, flow maximization, and rapid mixing. They facilitate high-speed solutions that transform raw materials into desired products, such as stainless steel, plastic, and fiberglass-reinforced plastics (FRP).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Industrial Agitators Market Trends:
The market is primarily driven by the increasing applications of industrial agitators across various sectors, including chemical, pharmaceutical, mineral, water and wastewater, food and beverage, flue gas desulfurization, power, and general process industries. For instance, the significant growth of the pharmaceutical sector has escalated the demand for industrial agitators as they help minimize the production cost of medicines and enhance the overall performance. In addition, industrial agitators are employed in water and wastewater treatment to perform coagulation and mixing solid suspension, dissolution, destratification and recirculation, and flocculation. Besides this, industrial agitators are increasingly applied in the food and beverage (F&B) industry owing to the escalating demand for ready-to-eat (RTE) food products. Furthermore, technological advancements, such as the development of top-entry industrial agitators that can be used on both closed and open tanks, are also creating a positive market outlook. Looking forward, the market is expected to grow at a CAGR of 4.7% during the forecast period (2022-2027).
Market Summary:
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