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Industrial Agitators Market by Mounting, Model, Form, Component, Industry, and Geography - Global Forecast to 2022

Industrial Agitators Market: Global Forecast until 2022

  • January 2017
  • 156 pages
  • ID: 4655409
In this report:
North America accounted for the largest share of about ##% of the global industrial agitators market in 2015 and the market in North America is expected to be valued at USD ##.## billion by 2022, growing at a CAGR of ##.##% between 2016 and 2022.
Top-mounted industrial agitators accounted for a share of ##.##% of the North American market in 2015 and are expected to account for a market share of ##.##% by 2022.

Summary

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"Increasing demand for agitators from chemical industry is fueling the rise of the industrial agitators market."

The industrial agitators market is anticipated to rise at a compound annual growth rate (CAGR) of ~7.1 percent between 2016 and 2022 to attain ~$3.9B by 2022 from ~$2.6B in 2016. Growing demand for industrial agitators from chemical industry is one of the main factors fueling the increase of this market. Additionally, the fast growth in technology has also led to growth in adoption of industrial agitators, thereby further accelerating the rise of the industrial agitators market. The main restraining factor for the increase ot the industrial agitators market is high cost of installation and maintenance.

"The rise of industrial agitators market is anticipated to be driven by top-mounted agitators during the outlook period."

The sector for top-mounted agitators is anticipated to witness significant increase during the estimate period. As top-mounted agitators are used in both atmospheric and pressurized tanks across different industries including pharmaceutical, food and beverages, and cosmetic, among others, it leads to increased traction in the industry. Also, the installation of top-mounted agitators is fast and easy compared to side-mounted and bottom-mounted agitators.

"North America (NA) and Asia-Pac are the main sectors for industrial agitators market"

North America continent is forecasted to hold the biggest size of the industrial agitators market during the outlook period, while the sector in Asia-Pacific is anticipated to grow at the maximal rate during the same period. China (CN), Japan (JP), and India (IN) are some of the main countries driving the rise of the industrial agitators market in Asia-Pac. A significant number of manufacturing firms of industrial agitators and several other sectors wherein industrial agitators are used are located in North America and APAC including SPX Flow, Incorporated, Tacmina Corporation, and Dynamix Agitators Inc., among many others. Also, the governments, especially in the APAC countries, are making significant investments for the industrial development. These are some of the main factors driving the increase of the industrial agitators market in North America (NA) and Asia-Pacific.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main officials in the industrial agitators market. The break-up of primary participants for the industry report has been shown below:

• By Company category: Tier 1 = 35 %, Tier 2 = 45.0 percent, and Tier 3 = 20.0 percent

• By Description: C-suite executives = 35.0 percent, Directors = 25.0 percent, and Others = 40.0 percent

• By Area: North America continent = 45.0 percent, Europe (EU) = 20.0 percent, Asia-Pac = 30.0 percent, and RoW = 5.0 percent

The report also profiles the top actors in the industrial agitators market and analyzes their market ranking. The main players decribed in this business report are Xylem, Incorporated, SPX Flow, Incorporated, Sulzer Ltd., Philadelphia Mixing Solutions Ltd., Dynamix Agitators Inc., Mixer Direct, Incorporated, Tacmina Corporation, Statiflo International Ltd., Ekato Holding GmbH, and Silverson Machines Inc., among others.

Segment Research

This market research classifies the industrial agitators market based on mounting, model, component, mixing method, market, and area. The study also offers the Porter's five forces analysis, together with a description of each of its forces and their respective impact on the industrial agitators market; description of main drivers, industry restraints, opportunities, and possibilities pertaining to the market; value chain study; and industry ranking analysis.

Why Purchasing This Study Can Help You:

The analysis will facilitate competitors/new sector entrants in this sector in these ways:

1. This document breaks down the industrial agitators market comprehensively and offers the closest industry size estimation for all sub-segments across different areas.

2. The market research benefits partners distinguish the pulse of the sector and offers them with the info on key market drivers, market restraints, opportunities, and alternatives for market.

3. This industry report will facilitate partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section depicts competitor landscape and different strategies implemented by the companies including new product developments, alliances, and mergers and acquisitions.

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