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Industrial agitators are large-sized mechanical machines used in the pharmaceutical, chemical, personal care and cosmetic, biotechnology, hydrometallurgy, and food industries to process different products.
The main functionality of an agitator is to assimilate liquids, facilitate the chain of chemical reactions, process the homogenous liquid at huge volume, and increase the heat transfer in the form of heating and cooling process. These agitators are exclusively used in stirring and mixing the gases and liquids and are also used to enhance texture, color, and other essential characteristics of the materials.
The industrial agitators exist in various forms according to different applications such as mixers, large tank mixers, drum mixers, portable mixers, and many more. The mixing process involves the use of high-performance, low internal power consumption mechanical components. The mixture can be easily transformed to the desired product using processes such as dilution, dissolution, suspension, or emulsification.
The global industrial agitators’ market is expected to grow at a more than healthy CAGR in the upcoming years.
The growth of this market is attributed towards major relying factors including; the increasing production capacity of industrial vertical such as pharmaceuticals, chemical, cosmetics and others, the growing demand for customized industrial agitators coupled with the increasing need for energy efficiency, flow maximization, rapid mixing, and other advancements, the growing manufacturing sector and process industries, the increasing demand for mixing substances of varied densities with low power consumption, the increasing adoption of industrial agitators in manufacturing and processing industries and the surging promotion by environmental agencies to implement the agitators, which reduce the environmental wastes etc.
Additionally, industrial agitators are also used in wastewater and water treatment industries as agitators help in purifying of water by keeping the pollutants out of the water and are increasingly used for municipal and industrial water filtration pre-treatment. This increases the overall demand for industrial agitators on the global scale.
Moreover, with chemical industries requiring industrial agitators for mixing of gases in equal proportion and the huge demand for specific customization of industrial agitators and repairs/replacements of traditional ones, numerous doors for industrial agitators in the times to come are set to open comprehensively.
Furthermore, factors such as the increasing support from the government in the form of subsidies leading to the expansion of SMBs, technological advancements in agitators, such as faster mixing, automated customized benefits, device flexibility and robust structure coupled with beneficial features like toughness, impact resistance, and power proficiency, the growing focus on product differentiation, advancement in the e-commerce sector, the rapidly increasing demand for industrialization and urbanization and increase in the complexity of goods processing will further enhance the growth of industrial agitators in the upcoming times.
However, the high installation cost and constant need for maintenance & repairs of the mechanical device coupled with the high maintenance cost, the strict government safety norms and product compliance standards are factors that restrain the growth of this market.
INDUSTRIAL AGITATORS MARKET SEGMENTATION:
The North American region is the largest regional market for industrial agitators and is expected to maintain its dominance in the industry over the next few years as well. The growth in this region could be attributed to factors such as the rising demand for efficient, reliable and customized agitators from process industries, the high product penetration and increasing need for technologically advanced products, the presence of well developed countries such as the US and Canada and their high focus on industrial development and the rapid growth in various industries such as food processing, oil and gas etc along with other associated factors affecting the market in this region. The major contributors in the region are the U.S and Canada.
The European region holds the second largest market share in the industrial agitators market and is expected to witness robust growth in the forthcoming years due to the onset of various factors such as the growth in pulp and the paper industry which accounts in massive volumes of wastewater, the presence of many well-established market players operating in the region and the expansion of manufacturing sector along with the rising growth in the food and beverage sector etc. alongside other factors.
The Asia Pacific region is projected to be the fastest growing regional market for industrial agitators and is expected to grow at a substantial growth rate in the upcoming years owing to the surging industrialization and increased investment from advanced economies to boost the manufacturing sector along with the shift from conventional utilization capacity to efficient and timely order fulfillment in the industries and the increasing favorable government policies supporting the use of industrial agitators in the region etc. The major contributors in the region include India, China, and Japan.
With that said, countries across North America and the APAC region among others, are fighting with increasing number of COVID-19 cases currently resulting in the supply chains to be disrupted across. Due to this, many industries such as chemicals, paints & coatings, and cosmetics are facing major decline in production output which is resulting in the decline in demand for agitators on a large scale.
FEW KEY PLAYERS IN INDUSTRIAL AGITATORS MARKET:
In December 2019, Sulzer released the new SALOMIX mixer range of modular design. The SALOMIX side-mounted agitators met the process requirements in a wide range of industries and applications, including pulp and paper, where clean and slightly contaminated liquids, viscous liquids as well as fibrous and other slurries are agitated. SALOMIX SSF side-mounted gear-driven agitators are said to be used for mixing and agitating process liquids in demanding industrial applications.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global industrial agitators’ market by the following segments:
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Key Questions Answered in the Global Industrial Agitators Industry Report
The report offers a comprehensive insight on the Industrial Agitators Market share, competitor landscape, market trends, growth, revenue, and key driver’s analysis with coverage of key players, top geographies, product types and end user.
Exhaustive secondary research and in-depth primary interviews with industry experts has been conducted to present qualitative and quantitative insights in the report.
We offer customizations as per client’s specific needs.