Press release
Industrial Agitator Market Size and Growth | Key Players Xylem, SPX Flow, Sulzer, Philadelphia Mixing Solutions, Dynamix Agitators
The report on Industrial Agitator Market will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.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.
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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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.
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.
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.
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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 Market 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, Key Company Profiles
14. Appendix
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