Industrial Agitator Market - Trends, Opportunity & Forecast, 2030
An industrial agitator is a critical component of the agitation or mixing process used across wide industrial applications. Agitation plays a vital role in mass and heat transfer among the substances or process fluids to be mixed. Industrial agitators have evolved significantly over the past decades with the integration of servo control drives for variable agitation and low power consumption. In order to achieve thermal and process equilibrium through agitation or mixing, process operators are focusing on the adoption of advanced industrial agitators. The demand for optimized and tailor-made or customized industrial agitators has increased significantly with changing process dynamics across chemical & pharmaceutical, oil & gas, and food & beverage industries. The integration of advanced technologies for process control and optimization has significantly shaped the growth of industrial agitators over the past decades. With increasing process complexities and rising demand for industrial agitators to improve blending, mass transfer & heat transfer is anticipated to dynamically govern the growth of the global industrial agitator market during the forecast period.
North America contributed the largest share to the global industrial agitator market in 2019 owing to robust chemical & pharmaceutical manufacturing and food & beverage production industry across the geography. The North America industrial agitator market is anticipated to be witness prominent growth in the coming years owing to rising demand from oil & gas applications and increasing investment in process optimization. The Asia Pacific is anticipated to be the most lucrative market owing to expanding chemical, pharmaceutical, food & beverage, and cosmetic manufacturing industries. Increasing investment in the energy & utility industry focused on water & wastewater treatment applications across major countries such as India, China, Australia, and other Southeast Asian countries.
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The report titled “Industrial Agitator Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global industrial agitator market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global industrial agitator market is segmented based on type, mounting type, mixing type, component, end use industry, and geography. Based on type, the global industrial agitator market is segmented into large tank agitators, drum agitator, portable agitators, static agitators, and others. Based on mounting type, the global industrial agitator market is segmented into top mounted industrial agitators, bottom mounted industrial agitators, and side mounted industrial agitators. Based on mixing type, the global industrial agitator market is segmented into solid-solid mixture, solid-liquid mixture, liquid-liquid mixture, and liquid-gas mixture. Based on component, the global industrial agitator market is segmented into heads, sealing systems, impellers, and others. Based on end use industry, the global industrial agitator market is segmented into chemicals, pharmaceuticals, food & beverages, cosmetics, energy & utility, paper & pulp, and others. Based on geography, the global industrial agitator market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides an in-depth analysis of prominent players holding the majority share of the global market with a focus on all operating business segments and would identify the segment of the company focusing on Industrial Agitator. Further, the market share of prominent companies in the global industrial agitator market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the industrial agitator companies.
The global industrial agitator market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. The product portfolio would focus on all the products under the industrial agitator business segment of the company. Similarly, the recent development section would focus on the latest developments of a company such as strategic alliances and partnerships, merger and acquisition, new product launched, and geographic expansion in the global industrial agitator market.
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Major players active in the global industrial agitator market include Chemineer Inc., Dynamix Agitators Inc., EKATO Group, JBW Systems Inc., Mixer Systems Inc., MixerDirect LLC, Philadelphia Mixing Solutions Ltd, Sharpe Mixers Inc., Silverson Machines Inc., SPX Corporation, Statiflo International Ltd, Sulzer Ltd, Tacmina Corporation, Timsa, and Xylem Inc.