At 7.8% CAGR, Industrial Agitator Market Size Set to Register 4.65 billion USD by 2027

(AmericaNewsHour via Comtex)

Market Study Report has added a new report on Industrial Agitator market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Industrial Agitator market in tandem with its competitive terrain.

The global industrial agitator market was valued at US$ 2.37 Bn in 2018 and is expected to reach US$ 4.65 Bn by 2027 with a CAGR growth rate of 7.8% in the forecast period from 2019 to 2027.

Industrial agitator market operates in a highly-competitive marketplace. A significant reduction in time and cost can be achieved in the production with the use of suitable agitators. Also, Positive economic growth outlook with rising industrialization worldwide and growing need for efficient agitation systems from industries, is thereby driving its adoption across the industries. Whereas, high installation and maintenance costs are some of the factors restraining the market growth. Rising number of small and medium enterprises (SMEs) are expected to fuel the future demand of portable/modular agitators and create new opportunities for the market during the forecasted period. However, high installation and maintenance costs is expected to hinder the growth of industrial agitator market in the coming years.

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Company Profiles

  • Alfa Laval
  • Dynamix Agitators Inc.
  • EKATO Group
  • Philadelphia Mixing Solutions, Ltd.
  • Silverson Machines
  • SPX FLOW, Inc.
  • Statiflo Group
  • Suzler Ltd.
  • Tacmina Corporation
  • Xylem Inc.

In the global industrial agitator market, Asia Pacific is anticipated to grow with the highest CAGR during the forecast period. The region is witnessing a massive demand in oil & gas industry driven by industrialization and urbanization. High demand from the users has propelled the entire oil & gas industry towards growth and has resulted in more oil & gas projects. On the other hand, China is the largest market for chemical in the world. Additionally, the country has a prominent impact on the growth rate of the global chemical industry. The growth rate of the overall chemical production in the emerging markets in the region are projected to be similar to China.

Manufacturers from several industries are now a day highly focused on achieving new growth mark. Chemical industry is major revenue contributor to this market with large number of mixing applications across the production and operation. The chemical industry has been an integral part of the global economic landscape for many centuries. Mining, oil & gas and mineral processing are other major industries contributing significant revenue to this market.

The industrial agitator market globally is segmented by end-use industry into the general industry, chemicals, mining, oil & gas, food & beverages, and cosmetics. Geographically, the industrial agitator market is divided into five regions, including North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. The overall industrial agitator market size has been derived using both primary and secondary sources.

The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the industrial agitator market. Also, multiple primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the industrial agitator industry.

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TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Industrial Agitator Market Landscape

5. Industrial Agitator Market – Key Industry Dynamics

6. Industrial Agitator Market – Global Market Analysis

7. Industrial Agitator Market Analysis – By Type

8. Industrial Agitator Market Analysis – By Mounting Type

9. Industrial Agitators Market Analysis – By Mixing Type

10. Industrial Agitator Market Revenue and Forecasts To 2027- End-Use Industry

11. Global Industrial Agitator Market – Geographic Analysis

12. Industry Landscape

13. Industrial Agitator Market – Company Profiles

13.1 Alfa Laval

13.2 Dynamix Agitators Inc.

13.3 EKATO Group

13.4 Philadelphia Mixing Solutions, Ltd.

13.5 Silverson Machines

13.6 SPX FLOW, Inc.

13.7 Statiflo Group

13.8 Suzler Ltd.

13.9 Tacmina Corporation

13.10 Xylem Inc.

14. Appendix

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The post At 7.8% CAGR, Industrial Agitator Market Size Set to Register 4.65 billion USD by 2027 appeared first on America News Hour.