Industrial Agitator Market Outlook to 2027 – Xylem, SPX Flow, Sulzer Ltd, Philadelphia Mixing Solutions, Dynamix Agitators , Tacmina Corporation, Statiflo Group, Ekato Group, Silverson Machines, Alfa Laval
The Industrial Agitator Market report gives a well-defined perspective of the market alongside the development rate and the future market prospect. Assist the report covers market potential and preferred standpoint, opportunity and challenge and risks which is extremely helpful from the business perspective.
The global industrial agitator market accounted to US$ 2.37 Bn in 2018 and is expected to grow at a CAGR of 7.8% during the forecast period 2019 – 2027, to account to US$ 4.65 Bn by 2027.
According to a new market study entitled “Industrial Agitator Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors this growth and also highlights the major players in the market and their developments.
Geographically, the industrial agitator market is segmented into North America, Asia pacific (APAC), Europe, MEA, and SAM regions. North America leads the industrial agitator market in 2018 with a significant market share and is anticipated to continue its dominance in the coming years.The presence of well developed countries such as the US and Canada and high focus on industrial development are two of the major factors responsible for the growth of industrial agitator market in this region.
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Significant Features that are under Offering and Key Highlights of the Reports:
• Detailed overview of Industrial Agitator Market
• Changing Industrial Agitator market dynamics of the industry
• In-depth market segmentation by Type, Application.
• Historical, current and projected Industrial Agitator market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape of Industrial Agitator Market
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth.
The rise in the food processing industry across the entire North American region demands for installations of large agitation systems at the manufacturing as well as distribution plants. The US market is characterized by some of the renowned oil & gas companies.Natural Gas is an abundant resource available in the country, and the natural gas extraction has witnessed higher growth in the recent times owing to the depleting petroleum resources. Booming oil & gas, food processing industries is projected to increase the scope industrial agitator in the future.
he Europe is the second-largest market in the industrial agitator market. Apart from North America and Europe, APAC remains at the third-largest geographic segment in the industrial agitator market.
The presence of fast growing countries such as China and India as well as developed countries such as Japan, makes Asia pacific as one of the most promising market for the growth of industrial agitator. The growing economies of this region are driving the demand of industrial agitators in wide variety of sectors, such as general industry, chemicals, oil & gas, and various others.
All the aforesaid factors would help to boost the business of industrial agitator market.
Leading Key Players:
• Xylem Inc.
• SPX Flow, Inc.
• Sulzer Ltd
• Philadelphia Mixing Solutions, Ltd.
• Dynamix Agitators Inc.
• Tacmina Corporation
• Statiflo Group
• Ekato Group
• Silverson Machines, Inc.
• Alfa Laval
Industrial agitators are widely used in diverse range of industries ranging from oil and gas to cosmetics for various mixing and blending operations. The flexibility, customizability, and availability of wide variety of agitators to meet the requirements of various industries is further fuelling the growth of global industrial agitator market.
Portable agitators, modular agitators, and application specific custom agitators are few such examples which lead to increased process efficiency in industries such as food & beverages, cosmetics, pharmaceuticals, and chemicals. Thus, booming industries mentioned above are responsible to drive the growth of industrial agitator market.
The wide variety of substances used in food and cosmetics industries demand very specific mixing solutions which fulfill strict safety regulations, hygiene standards, and efficiency mandates. The increasing custom mixing applications in these industries are driving the demand for custom industrial agitators.
Thus, use of specific custom agitators is expected to provide huge opportunities for food and cosmetics industries in the forthcoming period. This factor will positively impact the growth of industrial agitator market.
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The industrial agitator market by application is further segmented into general industry, chemicals, mining, oil & gas, food & beverages, and cosmetics. General industry of the industrial agitator market dominate the application segment and is expected to continue its dominance throughout the forecast period from 2019 – 2027.The general industries included in the global industrial agitator market include paper & pulp, water & wastewater, power plants, and petrochemicals among others.
GLOBAL INDUSTRIAL AGITATOR MARKET SEGMENTATION
Global Industrial Agitator Market – By Type
• Large Tank Agitators
• Portable Agitators
• Drum Agitators
Global Industrial Agitator Market – By Mounting Type
• Top-Mounted
• Bottom-Mounted
• Side-Mounted
Global Industrial Agitator Market – By Mixing Type
• Solid–Solid Mixture
• Solid–Liquid Mixture
• Liquid–Liquid Mixture
• Liquid–Gas Mixture
Global Industrial Agitator Market – By End-Use
• General Industry
• Chemicals
• Mining
• Oil & Gas
• F&B
• Cosmetics
