The global industrial agitators market is expected to be worth US$ 2.3 billion in 2023 and to grow at a CAGR of 9% to reach a net worth of US$ 5.6 billion by the end of 2033. Industrial mixers and agitators are primarily employed in the chemical industry to stimulate chemical reactions via heat transfer via the motion that they generate.
A surge in demand for wastewater treatment is also predicted to benefit industrial agitator sales. As the world’s population grows, so does the demand for clean water, which is predicted to fuel the increasing demand for wastewater treatment services and solutions. In the future years, there will be a significant increase in demand for reliable and customized industrial agitators.
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The North American industrial agitators market dominates the worldwide market. Aspects including high product penetration, rising need and the extent of usage for advanced technologies, the creation of chemical manufacturing facilities, and so on may all be attributable to the increase in demand.
Over the projection period, East Asia, South Asia, and the Pacific are likely to offer profitable potential for industrial agitator sales. High industrial activity, the creation of new industrial facilities, a thriving manufacturing sector supported by supporting government measures, and other factors are projected to promote industrial agitator use in these regions. India and China are important countries to keep an eye on in these regions.
Key Takeaways from the Market Study
- The market has grown at an 8% CAGR over the last five years.
- The United States Global Industrial Agitators Market is anticipated to increase by 8.5% year on year in 2023.
- The Indian market is expected to increase at a CAGR of 9% between 2023 and 2033.
- The North American industrial agitators market leads the worldwide landscape with a 32% market share.
- Sales of industrial agitators are estimated to account for 2% of worldwide industrial equipment market revenue.
Leading Key Players:
- Xylem Inc.
- Silverson Machines Ltd.
- Dynamix Agitators Inc.
- EKATO HOLDING GmbH
- Philadelphia Mixing Solutions Ltd.
- Tacmina Corporation
- SPX FLOW Inc.
- Sulzer Ltd
- Statiflo International Ltd.
- MIXEL Agitators
- Mixer Direct Inc.
- Alfa Laval AB.
Competitive Landscape
Key industrial agitator manufacturers are working on creating long-lasting and creative solutions to fulfil the changing needs of end-use industries.
- SPX Flow announced the September 2022 introduction of their new APV Flex-Mix™ Pilot Mixer, which will enable food and beverage industries to test small-scale pilot batches of low to elevated viscosity item samples with a single unit.
- On December 8, 2022, GMM Pfaudler Ltd planned to purchase Mixel France SAS and an entirely-owned affiliate Mixel Agitator Co. Ltd. (collectively “Mixel”) through its completely an owned division Pfaudler GmbH.
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Valuable Insights:
Future Market Insights, in its new offering, presents an unbiased analysis of the global Industrial Agitators market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights By Type (Top Entry Industrial Agitators, Side Entry Industrial Agitators, Bottom Entry Industrial Agitators), Model (Large Tank Agitators, Drum Agitators, Portable Agitators, Tote Agitators), End User (Chemicals, Pharmaceuticals, Food and Beverages, Paper and Pulp, Waste and Wastewater Treatment, Oil, Gas and Petrochemicals) & Region.
Key Segments of Industrial Agitators Industry Survey
By Type:
- Top Entry Industrial Agitators
- Side Entry Industrial Agitators
- Bottom Entry Industrial Agitators
By Model:
- Large Tank Agitators
- Drum Agitators
- Portable Agitators
- Tote Agitators
By End-User:
- Chemicals
- Pharmaceuticals
- Food and Beverages
- Paper and Pulp
- Waste and Wastewater Treatment
- Oil, Gas, and Petrochemicals
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
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