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USD 3.01 Billion for Global Industrial Agitators Market by 2021

Press Release   •   Jan 18, 2018 06:26 EST

Zion Market Research has published a new report titled “Industrial Agitators Market (Side Entry, Top Entry, Bottom Entry, Portable, and Static) for Oil, Gas and Petrochemical, Food and Beverages, Chemical, Water and Wastewater Treatment, Pharmaceuticals and Other Application: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global industrial agitators market was valued at around USD 2.20 billion in 2015 and is expected to reach approximately USD 3.01 Billion in 2021, growing at a CAGR of slightly above 5.4% between 2016 and 2021.

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Industrial agitators are large-sized mechanical devices design specifically to meet the large capacity mixing requirement for various applications in manufacturing industries. It is also used in enhancing texture, color, and other essential characteristics of the materials. The industrial mixer is used in mixing of two or more than two distinctive materials to get the desired weight/volume requirement with accurate particle sizing. For instance, the mixture of coal ash and cement is used in a precise ratio to manufacture pozzocrete cement.

The industrial agitator market is gaining importance due to the emergence of the global manufacturing sector. Emerging demand for food and beverage in Brazil and the rapidly growing oil & gas industry is fueling the demand of industrial agitators. Technological advancements in agitators such as automated customized benefits, faster mixing, device flexibility and robust structure are propelling the requirement for upgrading the existing devices for an efficient mixing process. However, the high maintenance cost and constant support requirements are predicted to pose a challenge to the growth of industrial agitators market.

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Based on the different design technology the global industrial agitators market can be categorized into five different product type such as top entry, side entry, bottom entry, portable, and static among others. By different end-user application, the industrial agitators market can be bifurcated into the water and waste water, food and beverages industry, mineral industry, pharmaceuticals, chemical industry and others. Chemical, water, and waste water applications are dominating the industrial agitators market. Chemical sector has high requirements for suspension, mixing, reaction and dispersion of raw materials. Hence, there is a rapid growth in demand for implementation of agitators. Water and waste water is fuelling the demand of agitators market due to high usage for pre-treatment of municipal and industrial water filtration. Moreover, the crisis of water shortage in many regions has impelled the demand for water treatment solution equipment.

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North America is estimated to show significant growth in coming years due to the high product penetration and increasing the need for technologically advanced products. The Asia Pacific is also projected to be the fastest-growing region due to the presence of robust economies such as China, India, and Japan. The shift from conventional utilization capacity is projected to boost the regional manufacturing sectors. This would, in turn, drive the demand for industrial agitators in near future.

Prominent players in the industrial agitators market are Sulzer Ltd, ylem Inc., SPX Corporation, EKATO Group, and Philadelphia Mixing Product types, Ltd. Mixer Systems Inc., Other prominent players include Tacmina Corporation, Chemineer Inc., JBW Systems Inc., and Silverson Machines Inc. among others.

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