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Industrial Agitators Market worth $2.7 billion by 2025 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

08 Sep, 2020, 13:30 GMT

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CHICAGO, Sept. 8, 2020 /PRNewswire/ -- 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.

Related Reports: 

HVAC System Market by Heating Equipment (Heat Pumps, Furnaces), Ventilation Equipment (Air-Handling Units, Air Filters), Cooling Equipment (Unitary Air Conditioners, VRF Systems), Application, Implementation Type, and Geography - Global Forecast to 2025

Chilled Beam System Market by Design (Active, Passive, & Multi-Service), Function (Cooling Only, Cooling and Heating), Application (Commercial Offices, Healthcare, Hotels, and Others), and Geography (North America, Europe, Asia-Pacific, and RoW) - Trends & Forecast to 2015 – 2020

About MarketsandMarkets™ 

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.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/industrial-agitators-market.asp  
Content Source : https://www.marketsandmarkets.com/PressReleases/industrial-agitators.asp 

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