According to the new market research report "Industrial Agitators Market with COVID-19 Impact Analysis by Mounting (Top-mounted, Side-mounted, Bottom-Mounted), Model (Portable Agitators, Drum Agitators), Component (Impellers, Sealing Systems), Form, Industry, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Industrial Agitators Market size is projected to grow from USD 2.2 billion in 2020 to USD 2.7 billion by 2025; it is expected to grow at a CAGR of 4.1% during the forecast period. The growing demand for customized agitators and the increasing need for energy efficiency; flow maximization, rapid mixing, and other advancements are the major drivers for the industrial agitators market. The rising demand for high-performance mixing devices, and growing manufacturing sector and process industries are also driving the market. On the other hand, the high maintenance cost of industrial agitators is a major restraining factor for this market.
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The top-mounted agitator segment is expected to account for the
largest size of the Industrial Agitator market from 2020 to 2025.
This is a result of
a wide range of product offerings by the key market players in the ecosystem.
Top-mounted agitators also offer considerable advantages such as ease of
operation, high level of efficiency, and customization options. The ability of
top-mounted industrial agitators to process heavy loads with ease and
considerable energy savings is driving the market growth. Top-mounted mixers
are better suited for substances that require aggressive or rapid
blending. Such agitators allow for the creation of a uniform continuous
downflow with no stagnant zones, as their variable rotating speed allows the
spreading of a fresh stock layer, thereby preventing channeling and air into
the mixture.
The liquid-liquid mixture segment of the Industrial Agitator
market is projected to grow at the highest CAGR during the forecast period.
The
increasing use of agitators for mixing liquids with liquids in the chemicals
and pharmaceuticals sectors is largely responsible for driving the growth of
the liquid-liquid mixture segment. This mixing technique is also being used
extensively in food & beverages, cosmetics, wastewater treatment,
petrochemicals, and chemicals industries. The customized agitators used for
liquid-liquid mixing are also gaining traction, as agitation devices are
selected depending on the properties of the fluids to be mixed, and the type of
emulsion required.
Browse in-depth TOC on "Industrial Agitators Market"
280
– Tables
31 – Figures
224 – Pages
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The industrial agitator market in North America is
expected to account for the largest size of the Industrial Agitator market in
2020.
The
increasing adoption of industrial agitators across regions is due to their
advantages such as low cost of installation, ease of use, and reliability. The
leading position of North
America can be attributed to the high demand for industrial
agitators in various industries, such as chemicals, pharmaceuticals, F&B,
minerals, and others. Many companies based in this region are developing
industrial agitators to explore new application areas such as water and
wastewater treatment and fine chemicals, among others, and address the needs of
the customers from these areas. Many players in the industrial agitators market
continue to focus on the North American region for revenue generation
considering the region's growth opportunities in end-user industries such as
chemicals and pharmaceuticals.
Key players in the Industrial Agitator market
include Ekato Group (Germany),
SPX Flow, Inc. (US), Sulzer Ltd. (Switzerland), Xylem Inc. (US),
Philadelphia Mixing Solutions, Ltd (US), Alfa Laval Inc. (Sweden),
Chemineer (US) and others.
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