Global Industrial Agitators Market By Product Type (Top Entry, Side Entry, Bottom Entry, Portable, and Static), By Application (Chemical, Water and Wastewater Treatment, Oil, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
- Published date: Jul 2022
- Report ID: 52260
- Number of Pages: 267
- Format:
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Industrial Agitators Market Overview
the global industrial agitators market was worth USD 2,105.6 million, and it is expected to witness a CAGR of 5.9% from 2023 to 2032. The demand for these devices is increasing due to the increased use of agitators in small and medium-sized businesses.
Global Industrial Agitators Market Scope:
Product Type Analysis
The fastest-growing segment is the top entry agitator. It accounted for more than 41.3% of the total revenue in 2021. These agitators are used frequently in liquid processing because they require less power and last longer than other products. Side entry agitators will grow at 7.1% CAGR between 2023 and 2032, reaching over 25.5% of the market share. Product demand is expected to rise due to low maintenance requirements and easy service. These devices can handle large volumes of applications with high efficiency. These devices are used extensively in the water treatment, chemical, and crude oil industries.
Application Analysis
The chemical segment will dominate the market for industrial agitators. It is expected to grow growth significantly. This is due to the increasing demand for custom agitators. This sector requires high levels of reaction, suspension, mixing, and dispersion of raw material. These devices are in high demand. Due to increased demand for wastewater treatment, water and wastewater applications are expected to see healthy growth. This industry has high requirements for agitators with high reliability, durability, efficiency, and performance. Equipment is required to pre-treat municipal and industrial water. Water treatment equipment is in high demand due to water scarcity in many areas. This has led to an increase in the demand for water treatment solutions equipment over the forecast period.
Кеу Маrkеt Ѕеgmеntѕ
By Product Type
- Top Entry
- Side Entry
- Bottom Entry
- Portable
- Static
By Application
- Chemical
- Water and Wastewater Treatment
- Oil
- Other Applications
Market Dynamics:
In addition, the government is increasing its support in the form subsidy, which has led to an increase in SMBs and thereby fueling demand. These devices are cost-effective because they require little power and can be mixed quickly. These devices are highly sought-after for their key features, including durability, impact resistance, and energy efficiency. They are specifically designed to handle large capacities for various applications in the manufacturing industry. Due to the increasing complexity and diversification of industrial mixers, it is important that they are carefully selected for use in the industrial sector.
High precision and design specifications are essential for efficient mixing in chemical and food and beverage industries. As key manufacturers focus on product differentiation, the industry has significant growth potential. Technological advances in agitators such as faster mixing and automated customized benefits, device flexibility, robust structure, and greater stability are driving the need to upgrade the existing devices to achieve an efficient mixing process. Growth will be hampered by the need for constant support and high maintenance.
Regional Analysis
North America will be an important region for industrial agitators due to its high product penetration and increased demand for technologically advanced products. This region was responsible for 31.5% of the 2021 revenue share. The region’s growth is also driven by rising demand for reliable, efficient, and custom-made agitators from the process industries.
The Asia Pacific is expected to grow the fastest due to its strong economies like Japan, India, and China. This shift away from traditional utilization capacity towards the ability to fulfill orders efficiently and promptly is expected to increase the regional manufacturing sector and thereby boost the demand for industrial agitators. Due to the growth of the manufacturing sector, the industrial agitator market has gained importance. The demand is growing rapidly due to rapid growth in Brazil’s food and beverage industry and the expanding oil & gas sector.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Key companies are involved in research-and-development activities to create products that meet the requirements of the government. Market participants can create innovative products through intense competition. These products can efficiently provide faster cycle times for mixing or agitation processes. Industry players are looking to include an agitator in mixing or blending applications to make their integration into different systems easier. Partnerships and strategic investments are expected to be the best ways to access emerging markets quickly.
Маrkеt Кеу Рlауеrѕ:
- Suzler Ltd.
- Xylem Inc.
- SPX Corp.
- EKATO Group
- Philadelphia Mixing Solutions, Ltd.
- Fluid Kotthoff GmbH
- SPX Flow
- Zucchetti Srl
- MIXEL
- INOXPA
- Other Key Players
For the Industrial Agitators Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
What is the size of the industrial Agitators market in 2021?The Industrial agitators market size is US$ 2,105.6 million in 2021.
What is the projected CAGR at which the Industrial agitators market is expected to grow at?The Industrial agitators market is expected to grow at a CAGR of 5.9% (2023-2032).
List the segments encompassed in this report on the Industrial Agitators market?Market.US has segmented the Industrial agitators market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product Type, the market has been segmented into Top Entry, Side Entry, Bottom Entry, Portable, and Static. By Application, the market has been further divided into Chemical, Water and Wastewater Treatment, Oil, and Other Applications.
List the key industry players of the Industrial Agitators market?Suzler Ltd., Xylem Inc., SPX Corporation, EKATO Group, Philadelphia Mixing Solutions, Ltd., Fluid Kotthoff GmbH, ЅРХ FLОW, Zucchetti Srl, MIXEL, and Other Key Players engaged in the Industrial Agitators market.
Which region is more appealing for vendors employed in the Industrial Agitators market?North America is expected to account for the highest revenue share of 31.5%. Therefore, the Industrial Agitators industry in North America is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for Industrial agitators?The US, Canada, UK, Japan, India, China, & Germany are key areas of operation for the Industrial Agitators Market.
Which segment accounts for the greatest market share in the industrial Agitators industry?With respect to the Industrial Agitators industry, vendors can expect to leverage greater prospective business opportunities through the top entry agitator, as this area of interest accounts for the largest market share.
- Suzler Ltd.
- Xylem Inc.
- SPX Corp.
- EKATO Group
- Philadelphia Mixing Solutions, Ltd.
- Fluid Kotthoff GmbH
- SPX Flow
- Zucchetti Srl
- MIXEL
- INOXPA
- Other Key Players
- Nestlé S.A Company Profile
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