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Industrial agitators are machines used for mixing purposes across various end use industries such as chemicals, pharmaceuticals, food & beverage, oil & gas, cosmetics, paints & coatings and others. They are used to mix various process media including all solids, liquid types and gases. An agitator is usually made of shaft, impellers, mechanical seal, motor and gearbox. They can be mounted on the top, side or bottom side of the tanks or containers and are suitable for a large number of industrial applications of blending, heat transfer, homogenization, suspension, storage, fermentation, hydrogenation and many other processes.
The economies such as China, India and Japan have dominated the market of industrial agitators market in 2020. The shift from conventional capacity to efficient and timely order fulfilment will boost regional manufacturing and thereby increase the demand for industry agitators.
The widespread pandemic drastically affected the global supply chain. Manufacturing sector was one of the hardest-hit segments from COVID-19. Shutdown of economic activities brought the manufacturing facilities to a standstill. This further led to decline in global FDI inflows, and a downturn in economies all over the world. The global FDI was estimated to reduce by 5-15% due to the downfall in manufacturing sector.
The report analyses the industrial agitators market based on mounting, model, form, industry and geography
Top-mounted, side-mounted and bottom-mounted are the mounting types of industrial agitators covered in the market study. The top mounted agitators dominates the market and is also expected to remain the fastest growing segment during the forecasted period. Increasing demand from the water and wastewater treatment industry, wide use in mixing application of API manufacturing industry are the key drivers supporting the growth of the segment.
By model the market is segmented into large tank agitators, portable agitators, drum agitators, and others. Portable agitators are expected to witness fast growth at a CAGR of 6.29% during the forecast period. Increasing adoption of portable agitators in a variety of industries owing to their benefits such as energy-saving, saving valuable resources and manpower, easier cleaning while reducing corrosion and resistance, easy maintenance and installation, and quick move benefit is impelling the growth of the market.
Based on form the market is bifurcated into solid-solid mixture, solid-liquid mixture, liquid-liquid mixture and liquid-gas mixture. The liquid-liquid mixture segment held the largest share of the global industrial agitator market. Increasing consumption of liquid products such as milk, juice, soft drinks, alcohol and other fluid food products, increasing adoption of liquid-liquid mixing technology and agitator equipment in food and beverage and chemical industry are the various factors favouring the growth of the segment.
Industrial agitators have wide range of applications in the chemicals, paints & coatings, minerals, food & beverage, pharmaceuticals and other industries. The chemical segment is predicted to overshadow the industrial agitator market reaching over USD 250.49 million by 2027. The sector has high requirements for suspension, reaction, mixing and dispersion of raw materials. Therefore, there is growing demand for implementation of industrial agitators.
Based on geography, the Asia Pacific Industrial Agitators market is segmented into China, Japan, India and Rest of APAC. China accounted for the largest market share and accounted for over 52.38% of the total market share. Followed by it was the market of India, Japan and Rest of the APAC. The increasing income and spending capacity of people in developing economies, increasing demand in various applications such as pharmaceutical, chemical and food beverage is the major factor driving the growth of the industrial agitators industry.
Some of the vital players operating in this market include SPX FLOW (United States), Xylem Inc (United States), Ekato group (Germany), Sulzer (Switzerland), Tacmina Corporation (Japan), Dynamix Agitators Inc (Canada), Philadelphia Mixing Solutions Ltd (United States), and Teralba Industries (Australia).
The report analyses the industrial agitators market based on mounting, model, form, industry and geography. Mounting type includes top-mounted, side-mounted and bottom-mounted. Model of industrial agitators market include large tank agitators, portable agitators, drum agitators and others. By form it is divided into four types that are solid-solid, slid-liquid, liquid-liquid and liquid-gas mixture. According to industry it is classified into chemicals, paints & coatings, minerals, food & beverage, pharmaceuticals and other industries.
Some of the major players operating in the market include SPX FLOW (United States), Xylem Inc (United States), Ekato group (Germany), Sulzer (Switzerland), Tacmina Corporation (Japan), Dynamix Agitators Inc (Canada), Philadelphia Mixing Solutions Ltd (United States), and Teralba Industries (Australia).
Geographically, the Industrial Agitators market is studied across the countries of China, Japan, India and Rest of APAC.
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