Global Industrial Agitator Market – Overview
The global Industrial Agitator market is growing pervasively over the past few years, owing to the growing industrialization worldwide & the augmented uptake of this mechanical device across industries. Agitators are mainly used for mixing & dispersing, emulsifying homogenizing, power wetting, wet grinding stirring & etc. purposes in various industrial processes.
Owing to the proven efficacy, to perform in harsh & demanding environments, these agitators enjoy an extensive demand across the burgeoning industries like Chemical, Mining, Food & Beverages, Pharmaceutical, Paint and Coatings, & Cosmetics among others. This augmented uptake of the device, escalates its market to enjoy an exponential growth on the global platform.
Identifying the outstanding growth prospect the market is demonstrating currently, Market Research Future (MRFR) recently published a brilliant study report giving out the complete market prognosis up till 2023. In its analysis MRFR states that, the global Industrial Agitator Market is forecasted to accumulate worth approximately 3 Billion USD by 2023, registering 7 % CAGR during the review period (2017 – 2023).
In addition, factors that drive the market growth include; increasing investments in R&D activities to develop custom made agitators according the client’s specifications, technological advancements
Moreover in recent years the investment transpired by some Asian countries like India, china, South Korea, and Japan have subsequently increased in comparison with the developed nations from North America and Europe region. This shows that the Industrial agitator market is expected to grow at a much faster rate in the Asian region.
Conversely, factors such as high costs associated with installations and maintenance of this mechanical device are expected to hinder the growth of industrial agitator market during the assessment period.
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Industry/ Innovation /Related News:
March 14, 2018 – Lee Industries (US), one of the leading global manufacturer for Industrial Agitators among other industrial equipment, exhibited its inclined agitator, especially designed for versatile blending & folding capabilities for foods with various viscosities at the SNAXPO18 Exhibition, held at Atlanta.
October 2017 – Mpact (South Africa), world’s renowned paper and packaging company announced that it has invested 46 million Ringgit (Approx. 1.19 mn. USD) for a meticulous recycling machine to reduce the volume of wasted liquid- packaging cartons, while enhancing the quality of virgin paper.
The machine is combined with an industrial agitator based on the hydropulper technology. The agitator, pushes the high consistency of the pulp to separate the paper & plastic constituting each carton.
Some of the key players of industrial agitator market include Xylem, Inc. (U.S.), SPX Flow, Inc. (U.S.), Sulzer Ltd. (Switzerland), Philadelphia Mixing Solutions Ltd. (U.S.), Dynamix Agitators Inc. (Canada), Mixer Direct, Inc. (U.S.), Tacmina Corporation (Japan), Statiflo International Ltd. (U.K.), Ekato Holdings GmbH (Germany), Fluid Kotthoff GmbH (Germany), KSB (U.S.) and Silverson Machines Inc. (U.K.)
Worldwide Industrial Agitator Market – Segments
Global Industrial Agitator Market is segmented in to 6 Key dynamics for an easy grasp and enhanced understanding.
- By Types: Comprises – Top Entry, Side Entry, Bottom Entry, Portable, and Static among others
- By Components : Heads, Sealing Systems, Impellers, Anchor, Turbine, Propeller, Paddle, & others
- By Models: Large Tank Mixers, Drum Mixers, Portable Mixers & others
- By Forms: Solid-Solid Mixture, Solid-Liquid Mixture, Liquid-Liquid Mixture, and Liquid-Gas Mixture among others.
- By Applications : Chemical, Mining, Food & Beverages, Pharmaceutical, Paint and Coatings, Cosmetics & others.
- By Regions: North America, Europe, APAC and Rest of the World.
Worldwide Industrial Agitator Market – Regional Analysis
Already being a matured market, North America is expected to lead the global market of Industrial Agitator during the estimated period as well. The key factor that influences the regional market growth accounts for the availability of the state of art infrastructure that empowers manufactures to innovate & develop custom made agitators according to the customers input & specific requirement.
On the other hand, Asia Pacific market is emerging as fastest growing market for the Industrial Agitator. Well expanded manufacturing sector in some of the countries like India, China and Japan, is accountable for the regional market growth.
While Europe market too is expected witness a substantial growth over the assessment period.
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- Research Firms.
- Government Agencies
- Industrial mixers service providers
- Manufacturing companies
- Research organizations
- Industrial mixers-related associations, organizations, forums, and alliances
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