Industrial Agitator Market

Industrial Agitator Market surging with CAGR of 10.7% from the year 2019 to 2027.

Industrial agitator market operates in a highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from regional as well the leading global technology and industrial companies in the world. Market is consolidated at global level with major six to seven players comprising one-third of the market share, whereas at the regional level it is highly fragmented with several local players serving the SMEs. Technology is witnessing a high growth owing to its increasing applications in several booming industries such as adhesive, paints, water & waste-water, petrochemicals and others. 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. The above-mentioned properties of nickel alloy attracts attention of several aircraft engine manufacturers in the current scenario.

Xylem Inc., SPX FLOW, Inc., Sulzer Ltd, Tacmina Corporation, and EKATO Group.  – Prominent Market Participants in Industrial Agitator Market

The most prominent market players in the industrial agitator market are Xylem Inc., SPX FLOW, Inc., Sulzer Ltd, Tacmina Corporation, and EKATO Group among others for a considerable share of the market owing to their product offerings to the market. Companies have taken several market initiatives with respect to product innovation to expand their footprint across the world and fulfill the growing demand of the market. For instance,

In 2020, Alfa Laval had strong collaboration with Yörükoğlu Süt, and Tetra Pak which led to further discussion about expanding the dairy’s Antalya plant. Through this initiative, Alfa Laval provided higher energy savings pumps and agitators, greater water savings Alfa Laval Unique Mixproof valves and agitators, and a smaller footprint due to the compact equipment size as well as efficiency. On the other hand, Sulzer will be launching a project to digitalise and automate the assembly, test bed and painting processes in its Finnish factory in Kotka.

The players operating in industrial agitator market mainly concentrate on the partnership, collaborations, agreements, acquisitions, product development, and other activities for the growth of industrial agitators across the world. These parameters permit the players to maintain their brand name globally. The market initiative was observed across the globe, which further supports in boosting the growth of industrial agitator market. These activities have paved the way for the expansion of business and customer base of market players. The market players from industrial agitator market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial agitator in the global market. Some of the key market initiatives by the players are mentioned below:

Year News Country
2021 Sulzer will be launching a project to digitalise and automate the assembly, test bed and painting processes in its Finnish factory in Kotka. Sulzer’s factory in Kotka is a key supplier of configured process pumps, agitators and high speed turbo compressors for the global market. Europe
2021 Dynamix’s GMX and NMX lines are able to provide engineered cyanide destruction agitators for any type or size of operation. Company’s engineers understand the specific mixing requirements of cyanide destruction processes. North America
2020 The broader scope of supply has provided higher energy savings from Alfa Laval pumps and agitators, greater water savings from Alfa Laval Unique Mixproof valves and agitators, and a smaller footprint due to the compact equipment size as well as efficiency. Europe

 

Leave a Reply

Your email address will not be published. Required fields are marked *