Industrial Agitators Market Size, Share, Industry Analysis, Forecast to 2028

1
MarketsandMarkets Presents

Industrial Agitators Market Size, Share, Industry
Analysis, Forecast to 2028 Industrial Agitators
Market by Model Type (Large Tank, Portable, Drum,
Pail, Tote), Mounting (Top, Side, Bottom
Mounted), Component (Head, Impeller, Seal,
Propeller, Turbines, Disperser), Form
(Solid-Solid, Liquid-Gas), Region - Global
Forecast to 2028 https//www.marketsandmarkets.co
m/Market-Reports/industrial-agitators-market-59649
096.html
2
The global industrial agitators market size is
estimated to be worth USD 2.6 billion in 2023 and
is projected to reach USD 3.2 billion by 2028, at
a CAGR of 4.0 during the forecast period.
Increasing demand for homogeneous mixing, growing
need for energy efficient mixing equipment or
industrial mixer in pharmaceutical, chemical and
food beverage industries, and growing adoption
of customized industrial agitators are some of
the major factors driving the industrial
agitators market growth globally. Browse 153
market data Tables and 51 Figures spread
through 195 Pages and in-depth TOC on "Industrial
Agitators Market by Model Type (Large Tank,
Portable, Drum, Pail, Tote), Mounting (Top, Side,
Bottom Mounted), Component (Head, Impeller, Seal,
Propeller, Turbines, Disperser), Form
(Solid-Solid, Liquid-Gas), Region - Global
Forecast to 2028"
3
Driver Growing need for energy efficiency, flow
maximization, rapid mixing, waste reduction, and
other advancements The increasing requirement of
optimizing mixing processes is pushing industrial
agitator companies to develop industrial mixer
that helps achieve low power consumption, flow
maximization, rapid mixing, and other
advancements. Mixing, blending, fluid handling,
separation, thermal heat transfer, and other
processes are integral to companies for
production and manufacturing across various
industries, such as chemical, food beverage,
pharmaceutical, and other industrial markets.
Rapid innovations and emerging trends in
industrial mixer application are driving the need
for more energy-efficient, speedy mixing and low
costs mixing/agitation technologies in the said
market. For instance, in 2022, SPX FLOW launched
a new APV Flex-Mix Pilot industrial Mixer for the
food beverage industry to test small-scale
pilot batches of low to high-viscosity product
samples using a single unit. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id59649096 Restraint High costs
for maintenance and repairs of industrial
agitators Industrial agitators require
significant upfront investment by agitator
companies. This might create a barrier for some
agitator companies, especially smaller ones. The
cost of industrial mixer can vary depending on
their size, materials, and complexity.
Furthermore, the maintenance process for
industrial mixer consists of replacing worn parts
and changing the lubricant, bearings, seals, and
other components. Any wear and tear or fault in a
component of the industrial agitators can lead to
an expense to the client. The maintenance
activity applies to various factors in an
industrial mixer, including simple adjustments in
components of the industrial mixer,
troubleshooting by standard exchanges, fault
identification and diagnostics, repairs,
mechanical corrections, renovation,
reconstruction, or complete exchange of the
rotating part, and so on.
4
Opportunity Rising usage of industrial mixing
technologies in several applications Advancements
in technology have led to the development of more
efficient and effective industrial mixer that can
offer greater control and precision in mixing. As
more industries seek to improve their
manufacturing processes and achieve greater
product consistency, the demand for industrial
mixer is increasing. This presents an
opportunity for agitator companies to offer new
and improved mixing equipment that can meet the
needs of industries looking to optimize their
manufacturing processes. Furthermore, there is a
growing need for customized mixing solutions that
can meet specific requirements. This presents an
opportunity for agitator companies to offer
specialized products that can be tailored to meet
specific needs of different industries such as
pharmaceutical, chemical and food beverage. In
June 2022, considering the increasing importance
of using industrial agitators and industrial
mixer in different industrial processes, Sulzer
launched its latest addition to the SALOMIX
industrial agitator family, the SSF150. Request
Free Sample Pages https//www.marketsandmarkets.c
om/requestsampleNew.asp?id59649096 Challenge
Emerging trend of renting industrial mixer due to
high costs or shorter time span usage Users or
purchasers of industrial agitators or industrial
mixer may look for options other than capital
purchases. If a client is not able to afford the
industrial mixer or needs the industrial mixer
for a shorter time, then renting industrial mixer
can be considered the most reliable option. This
is one of the suitable alternatives garnering
attention in the industrial agitators market for
rental industrial agitators/industrial mixer.
Rental industrial mixer offers a fast and
cost-effective way of fulfilling the need without
the high cost of a capital purchase, allowing
purchasers to fulfill their mixing needs at a
fraction of the original industrial mixer cost.
This would largely benefit the buyers at a time
when most of the end-user industries are
considering or have already slashed their capital
expenditure budgets.
5
Portable agitators accounted for the largest
share of the industrial agitators market in
2022 Portable agitators can be used for a
variety of industrial mixing applications,
including mixing liquids, suspending solids, and
blending different materials. This type of
industrial mixer is widely used in industries
such as food beverage, where they are used in
wine cellars in the production of wine and
sparkling wine. As the mixing process in portable
industrial mixer takes less time, and such
industrial agitators are simple and quick to
install and uninstall for tank fittings and
threads, they are gaining popularity. Portable
industrial agitators also provide high torque,
offer a wide range of gear reduction, and can
endure shock loads that are greater than their
rating. All these factors are expected to surge
the industrial agitators market for portable
industrial agitators during the forecast
period. Top-mounted agitators to register
highest CAGR in the industrial agitators market
during forecast period. Top-mounted industrial
agitators are widely used in a variety of
industries such as chemical, pharmaceutical and
food beverage for mixing and blending
applications. They are often preferred due to
their vertical design, which allows for efficient
mixing and blending of materials, and their
ability to handle high viscosity materials.
Top-mounted industrial agitators can be
customized to meet the specific needs of
different industries and applications. For
instance, in pharmaceutical industry, top-mounted
agitators are used for mixing and blending of
medications, such as creams, ointments, and
suspensions. All these factors are expected to
provide a significant surge for top-mounted
agitators in the industrial agitators market.
6
The pharmaceutical industry to register highest
CAGR as well as market size in the industrial
agitators market during forecast period. The
pharmaceutical industry dominated the industrial
agitators market with the highest market size in
2022 and is expected to grow at significant CAGR
during the forecast period. Different industrial
procedures are carried out in the pharmaceutical
industry for tablet manufacturing and syrup
production. These industrial procedures require
industrial agitators and mixing equipment to
improve their performance while reducing the
manufacturing costs of medicines. These factors
are fueling the growth of the pharmaceutical
industry, positively influencing the industrial
agitators market growth. North America held for
the largest share of the industrial agitators
market in 2022 North America accounted for the
largest share of the industrial agitators market
in 2022. North America is home to many key
agitator companies in the industrial agitators
market, including SPX Flows, NOV Inc and Xylem
Inc among others. This strong presence of these
agitator companies drives innovation and
competition, further driving the growth of the
industrial agitators market in the region. Key
Market Players The major agitator companies in
the industrial agitators market include SPX Flow,
Inc. (US), Xylem Inc. (US),Ekato Group (Germany),
Sulzer Ltd. (Switzerland) and NOV Inc (US). These
industrial agitator companies have used both
organic and inorganic growth strategies such as
product launches, acquisitions, and partnerships
to strengthen their position in the industrial
agitators market.
7
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 early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
8
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/industrial-agitators.asp