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Industrial Agitator Market (Mounting Type - Top-mounted, Bottom-mounted, and Side-mounted; Mixing Method - Solid-solid Mixture, Liquid-liquid Mixture, Liquid-gas Mixture, and Solid-liquid Mixture; Model - Portable Agitators, Large Tank Agitators, Drum Agitators, and Others; Component Type - Impellers, Heads, and Sealing Systems; End-user - Pharmaceutical, Water & Wastewater Treatment, Pharmaceutical, Oil, and Gas, Food and Beverages, Paint and Coating, and Chemical Sectors): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : August, 2020

  • Rep Id : IA0098

  • Category : Industry Automation

  • Status : Published

A recent report published by Infinium Global Research on the industrial agitator market provides in-depth analysis of segments and sub-segments in the global as well as regional industrial agitator market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional industrial agitator market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global industrial agitator market. According to the report, the global industrial agitator market is projected to grow at a CAGR of 2.7% over the forecast period of 2020-2026.

 

Market Insight

Industrial agitators are vital industrial tools utilized in industries where liquids are required to be blended. Industrial agitators are specifically designed for improved efficiency, fast amalgamation, and economical maintenance in several industrial applications. They are majorly used in process industries such as food, water treatment, pharmaceutical, chemical bio-technology, fermentation, and cosmetic industries. Industrial agitator finds wide scope to the end user industries owing to optimized processes, ongoing innovation, and adoption of advanced in-tank technology. However, the current concerns over the spread of coronavirus are expected to positively impact the growth of the industrial agitators market. Industrial equipment companies are struggling with the immediate impact of COVID-19 as both their supply chain and manufacturing operations are being disrupted. This has also lead to economic uncertainties and further added a layer of complexity to the challenging environment. Currently, major companies mostly focusing on ensuring the most flexible supply chain management possible along with protecting their workforce. This emergence of coronavirus pandemic is increasing the impact on value delivery models, with exceptional consequences for major players. Manufacturers may overcome from pandemic with new forms of collaboration to increase overall resilience. 

 

Gradually developing the manufacturing sector, rising demand for mixing substances with low power consumption, and growing demand from process industries are driving the growth of the industrial agitator market. The surge in demand for Customized Industrial Agitators and the rise in demand for projects is expected to escalate the demand of the market. This is expected to create potential demand for the industrial agitator over the forecast period. Furthermore, rising investments by major key players in the agitator's segment are also expected to fuel the expansion of the market. However, the high cost of production and maintenance remains a major hindrance factor for the industrial agitator market. Additionally, advanced features of the product such as flexibility, rapid mixing characteristic, and strong structure will boost the growth of the industrial agitator market in the forecast period. Furthermore, the rapidly increasing requirement of the product to remove pollutants from the wastewater treatment plant will enhance the product reach as well as penetration globally.

 

North American region is projected to register at a maximum growth over the estimated year, subject to steady production as well as product demand & supply in countries such as Canada and the U.S. Rapid industrialization, rising demand for efficient and reliable agitators are the major factors that drive the growth of the North American biologics market. Moreover, recent technological development in agitators is anticipated to boost the demand in this region. The Asia Pacific is anticipated to hold the second largest share owing to the growing adoption of energy-efficient equipment and the rising need for technologically advanced products.

 

Segment Covered

The report on the global industrial agitator market covers segments such as mounting type, mixing method, model, component type, and end-user. On the basis of the mounting type, the sub-markets include top-mounted, bottom-mounted, and side-mounted. On the basis of the mixing method, the sub-markets include solid-solid mixture, liquid-liquid mixture, liquid-gas a mixture, and solid-liquid mixture. On the basis of the model, the sub-markets include portable agitators, large tank agitators, drum agitators, and others. On the basis of component type, the sub-markets include impellers, heads, and sealing systems. On the basis of end-user, the sub-markets include pharmaceutical, water & wastewater treatment, pharmaceutical, oil, and gas, food and beverages, paint and coating, and chemical sectors.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Philadelphia Mixing Solutions, Ltd, Alfa Laval AB, Dynamix Agitators Inc., Statiflo International Ltd., Tacmina Corporation, Sulzer Ltd., Ekato Holdings GmbH, Fluid Kotthoff GmbH, Xylem, Inc., and Mixer Systems Inc.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of industrial agitator market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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