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
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
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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