Table of Contents
Glass Lined Agitators are Expected to Increase Demand in Chemical and Pharmaceutical Industry
The research study assesses the trends in the European process mixing equipment market. The economic recession of 2009 led to a shortage of investment funds in the process mixing equipment market and most end-user purchases were either stalled or completely shelved. This study analyses and determines the impact of economic recession on the process equipment market. Analysis by each mixer equipment type has also been discussed. In addition, trends by products, end-user industry, and regions within Europe are also included as part of this research.
-The European process mixing equipment market is expected to gain steady momentum post the economic recession of 2008–2009.
-Post 2009, as end users are slowly embarking on new projects and installing process plants, the mixing equipment market is expected to gain from increased demand in new project sales.
-Germany was the biggest market for process mixing equipment in 2013 and is also expected to display the highest CAGR of % from 2013 to 2018. However, significant opportunities also make Eastern Europe a strong destination for the sale of mixers.
-Impellers that find large scale use in chemical process, pharmaceutical, food and beverage industries occupy more than half of the market share. Impellers are expected to grow at a CAGR of % from 2013 to 2018.
-Chemical process and food and beverage industries are the biggest users of mixing equipment on account of large-scale applications involving mixing and blending of liquids. Food and beverage is also expected to be the highest growing industry during the forecast period.
Market Overview—Key Questions This Study Will Answer
Is the European process mixing equipment market growing? How long will it continue to grow and at what rate?
Are the existing competitors structured correctly to meet end-customers’ needs?
Will these companies/products continue to exist or will they get acquired by other companies? Will the products become features in other end-user markets?
How will the structure of the market change over time?
Are the products offered today meeting customer needs or is additional development required?
Are the vendors in the space ready to do it alone, or do they need partnerships to take their business to the next level?
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