According to
the new market research report "Industrial Agitators Market
by Mounting (Top Mounted, Side Mounted, Bottom Mounted), Model (Large Tank
Agitators, Drum Agitators, Portable Agitators), Form (Solid-Solid,
Solid-Liquid, Liquid-Liquid, Liquid-Gas), Component (Heads, Sealing Systems,
Impellers), Industry, and Geography - Global Forecast to 2022",
the market is expected to grow from USD 2.56 Billion in 2016 to reach USD 3.86
Billion by 2022, at a CAGR of 7.07% between 2016 and 2022. The growth of this
market can be accredited to the capability to offer customized industrial
agitators that are user specific and technologically evolved. This helps to
improve the manufacturing processes.
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Market for
top-mounted agitators likely to grow at the highest rate during the forecast
period
Top-mounted
industrial agitators are expected to lead the overall market during the
forecast period as they are usually used across all the industries since
top-mounted agitators offer considerable advantages such as ease of operation,
high level of efficiency, and option of customization. The major
applications of top-mounted agitators are digester mixing, biogas, agriculture,
and so on.
Chemical
industry held the largest share of the industrial agitators market in 2015
The industrial
agitators market based on industry is led by the chemicals. A number of
chemical manufacturers already have industrial agitators installed, and the
industrial and technological enlargement has resulted into increasing demand
for application-specific customized industrial agitators. This is one of the
major factors driving the growth of the industrial agitators market for the
chemical industry.
North
America held the largest size of the industrial agitators market in 2015
North America held the largest size of the
industrial agitators market in 2015, followed by APAC and Europe. The U.S.
accounted for the largest share of the industrial agitators market in North
America, followed by Canada and Mexico. The leading position of the market in
this region can be attributed to the high demand for industrial agitators due
to the presence of a large number of manufacturing companies across various
industries.
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The major
players operating in this 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), and
Silverson Machines Inc. (U.K.), among others.
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630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Shelly SinghMarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
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