Geographically, the industrial agitator market is segmented into North America, Asia pacific (APAC), Europe, MEA, and SAM regions. North America leads the industrial agitator market in 2018 with a significant market share and is anticipated to continue its dominance in the coming years. The presence of well developed countries such as the US and Canada and high focus on industrial development are two of the major factors responsible for the growth of industrial agitator market in this region. The rise in the food processing industry across the entire North American region demands for installations of large agitation systems at the manufacturing as well as distribution plants. The US market is characterized by some of the renowned oil & gas companies. Natural Gas is an abundant resource available in the country, and the natural gas extraction has witnessed higher growth in the recent times owing to the depleting petroleum resources. Booming oil & gas, food processing industries is projected to increase the scope industrial agitator in the future.
The Europe is the second-largest market in the industrial agitator market. Apart from North America and Europe, APAC remains at the third-largest geographic segment in the industrial agitator market. The presence of fast growing countries such as China and India as well as developed countries such as Japan, makes Asia pacific as one of the most promising market for the growth of industrial agitator. The growing economies of this region are driving the demand of industrial agitators in wide variety of sectors, such as general industry, chemicals, oil & gas, and various others. All the aforesaid factors would help to boost the business of industrial agitator market.
Rising demad for efficient agitation systems from industries
Industrial agitators are widely used in diverse range of industries ranging from oil and gas to cosmetics for various mixing and blending operations. The flexibility, customizability, and availability of wide variety of agitators to meet the requirements of various industries is further fuelling the growth of global industrial agitator market. Portable agitators, modular agitators, and application specific custom agitators are few such examples which lead to increased process efficiency in industries such as food & beverages, cosmetics, pharmaceuticals, and chemicals. Thus, booming industries mentioned above are responsible to drive the growth of industrial agitator market.
Application specific custom agitators in food and cosmetics industries
The wide variety of substances used in food and cosmetics industries demand very specific mixing solutions which fulfill strict safety regulations, hygiene standards, and efficiency mandates. The increasing custom mixing applications in these industries are driving the demand for custom industrial agitators. Thus, use of specific custom agitators is expected to provide huge opportunities for food and cosmetics industries in the forthcoming period. This factor will positively impact the growth of industrial agitator market.
The global industrial agitator market by type is segmented into large tank agitators, drum agitators, and portable agitators. The drum agitators segment dominates the industrial agitator market heavily and is expected to continue its dominance throughout the forecast period from 2019 – 2027. The Drum agitators act as an important quality control tool for products with settling and separation issues. In Industries such as cosmetics, food and beverages, product uniformity is quite important at both dispense and usage stages.
Mounting Type Insights
The global industrial agitator market by mounting type is segmented into top-mounted, bottom-mounted, and side-mounted. Top-mounted dominates the industrial agitator market heavily and is expected to continue its dominance throughout the forecast period from 2019 – 2027. The major advantages of top-mounted industrial agitators include applicability in a wide range of industrial application; easy installation, operation and maintenance; and superior design for optimum performance and low costs.
Mixing Type Insights
The industrial agitator market by mixing type is further segmented into solid–solid mixture, solid–liquid mixture, liquid–liquid mixture, and liquid–gas mixture. Liquid–liquid mixture of the industrial agitator market dominate the mixing type segment and is expected to continue its dominance throughout the forecast period from 2019 – 2027. liquid-liquid mixing is a key procedure in industries that is commonly accomplished in mechanical agitation systems.
End-user Industry Insights
The industrial agitator market by application is further segmented into general industry, chemicals, mining, oil & gas, food & beverages, and cosmetics. General industry of the industrial agitator market dominate the application segment and is expected to continue its dominance throughout the forecast period from 2019 – 2027. The general industries included in the global industrial agitator market include paper & pulp, water & wastewater, power plants, and petrochemicals among others.
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This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.
The report Industrial Agitator Market gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Typhoid Vaccines market.
The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Industrial Agitator Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
Leading Industrial Agitator Market Players:
- Xylem Inc.
- SPX Flow, Inc.
- Sulzer Ltd
- Philadelphia Mixing Solutions, Ltd.
- Dynamix Agitators Inc.
- Tacmina Corporation
- Statiflo Group
- Ekato Group
- Silverson Machines, Inc.
- Alfa Laval
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Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Industrial Agitator Market.
- Key market trends cracking up the growth of the Industrial Agitator Market.
- Challenges to market growth.
- Key vendors of Industrial Agitator Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Industrial Agitator Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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This post was originally published on Space Market Research