Industrial Agitator Market Overview
The growing adoption of industrial agitators across fast-growing industries, such as pharmaceutical, chemical, and cosmetics is expected to boost the global industrial agitator market growth during the assessment period (2016 to 2023). As per the study conducted by Market Research Future (MRFR), on the worldwide market of industrial agitator, reveals that the surge in grinding activities in the food and beverage industry is likely to cause the industrial agitator market to thrive at about 7% CAGR across evaluation period. The industrial agitator market 2020 is expected to gain momentum as these agitators are deployed for industrial waste management solutions. The availability of different types of industrial agitators that are intended to serve difficult industrial requirements can promote the growth of the market through the evaluation period. An increase in the need for mixers, drum mixers, large tank mixers, and portable mixers in the ever-expanding chemical and pharmaceutical industries is anticipated to support the growth of the global industrial agitator market. High deployment of industrial agitators by manufacturing and processing industries to curb ecological footprint by reducing waste generation can bolster the growth of the market. On the downside, the high installation and maintenance cost of industrial agitators can restrain the market growth in the years to come. However, technological advancements and key players adopting strategies for effective cost-cutting are expected to counter the limitations on the global market.
MRFR listed renowned industrial agitator manufacturers. They are:
SPX Flow, Inc. (U.S.), Xylem, Inc. (U.S.), Philadelphia Mixing Solutions Ltd. (U.S.), Sulzer Ltd. (Switzerland), Mixer Direct, Inc. (U.S.), Dynamix Agitators Inc. (Canada), Statiflo International Ltd. (U.K.), Tacmina Corporation (Japan), Fluid Kotthoff GmbH (Germany), Ekato Holdings GmbH (Germany), Silverson Machines Inc. (U.K.), and KSB (U.S.). The need for diversification of products to upgrade their position in the market is intensifying the competition among them, which can favor the global industrial agitator market in the foreseeable future.
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- Research Firms.
- Government Agencies
- Industrial mixers service providers
- Manufacturing companies
- Research organizations
- Industrial mixers-related associations, organizations, forums, and alliances
The industrial agitator market’s segmental analysis is done based on type, form, component, model, and application.
Based on the type, the market segments are; side entry, top entry, portable, bottom entry, and static. The model segments of the market are portable mixers, drum mixers, large tank mixers, and others. The component segments of the industrial agitator market are sealing systems, heads, anchor, paddle, impellers, propeller, turbine, and others. The form-based segments of industrial agitator market are solid-liquid mixture, solid-solid mixture, liquid-gas mixture, and liquid-liquid mixture. The application-based segments of the market are mining, chemical, pharmaceutical, food & beverages, cosmetics, paint and coatings, and others.
The North America region can lead in the global industrial agitator market. The presence of renowned companies, such as Dynamix Agitators, and their effort to propel the North America industrial agitator market in the assessment period. The existence of firm infrastructure and availability of advanced machines and equipment are additional causes that are expected to spur the industrial agitator market in the US, Mexico, and Canada, in the near future.
In Europe, industrial agitator manufacturers are adopting strategies to diversify and upgrade their product portfolio. Increase in investment in research and development, and launch of new products that hold promise to offer greater efficacy and high value for money are factors that are likely to surge the EU industrial agitator market. In Asia Pacific, rapidly growing industries is creating the need for industrial agitator. In economies, such as Japan, China, and others, the investment made by regional key players to launch more effective innovations is likely to surge the APAC industrial agitator market.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Industrial Agitator Market
5 Industry Overview Of Global Industrial Agitator Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
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