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Industrial Agitators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A4605
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Market Overview:
The global industrial agitators market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
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.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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:
IMARC Group 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. Our report has categorized the market based on type, mounting type, distribution channel and industry vertical.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Industrial Stirrer
- Paint Mixers
- High Speed Stirrers
- Chemical Agitators
- Others
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
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Mounting Type, Distribution Channel, Industry Vertical, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Dynamix Agitators Inc., EKATO Holding Gmbh, Mixer Direct, NOV Inc., Silverson, SPX FLOW Inc., Statiflo International Ltd., Sulzer Ltd, TACMINA CORPORATION and Xylem Inc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global industrial agitators market was valued at US$ 2.0 Billion in 2022.
We expect the global industrial agitators market to exhibit a CAGR of 4.3% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous-end use industries for industrial agitators.
The increasing adoption of industrial agitators across the pharmaceutical industry for improving the overall performance and reducing the production cost of medicines, is primarily driving the global industrial agitators market.
Based on the mounting type, the global industrial agitators market can be divided into top-mounted, side-mounted, and bottom-mounted. Currently, top-mounted holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global industrial agitators market include Dynamix Agitators Inc., EKATO Holding Gmbh, Mixer Direct, NOV Inc., Silverson, SPX FLOW Inc., Statiflo International Ltd., Sulzer Ltd, TACMINA CORPORATION, and Xylem Inc.
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