Industrial Agitator Market to Grow at a CAGR of 4.0% to reach US$ 2,638.61 million from 2021 to 2028

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Industrial Agitator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Power Rating (Less than 50 HP, 51 HP-85 HP, 86 HP-130 HP, and 131 and Above), Mounting Type (Top-Mounted, Bottom-Mounted, and Side-Mounted), Mixing Type (Solid-Solid Mixture, Solid-Liquid Mixture, Liquid-Liquid Mixture, and Liquid-Gas Mixture), and End-Use Industry (Food and Beverages, Paint and Coatings, Chemical, Mineral, Pharmaceutical, Cosmetics, and Others)

Publication Month: Aug 2019 | Report Code: TIPRE00005699 | No. of Pages: 203 | Category: Manufacturing and Construction | Status: Published

The industrial agitator market is expected to grow from US$ 1,931.76 million in 2021 to US$ 2,638.61 million by 2028; it is estimated to grow at a CAGR of 4.0% during 2021–2028.

With increasing population and degradation of natural environments, keeping sufficient and safe water supplies for everyone is becoming difficult. The solution for this is to reduce water pollution and manage wastewater. According to UN-Water 2021 data, 44% of global household wastewater is not safely treated and over 80% of wastewater is released to the environment without adequate treatment. Moreover, due to population growth, accelerated urbanization, and economic development, the quantity of wastewater generated is increasing globally. Therefore, the need for suitable wastewater treatment process is surging. The reused wastewater may help address other challenges including food production and industrial development.

The industrial agitator is an essential component in process of wastewater treatment. Wastewater treatment requires precise control at each stage in its process from rapid flash mixing to polymer addition. To control all these processes, there is requirement of specific wastewater agitators with high reliability, durability, and efficient performance. Further, there are several manufacturers who provide industrial agitators for wastewater treatment. For instance, Sulzer Ltd, which provide Scaba TreatX (Scaba top-mounted vertical agitator), is specially designed for mixing and agitating process liquids in wastewater treatment industry. This agitator ensures homogenous mixing, high efficiency, high process reliability, low operating costs, and low environmental stress. Some of the other manufacturers offering industrial agitator market are Dynamix Agitators Inc., Xylem Inc., and TACMINA CORPORATION, among others. Therefore, with high demand of wastewater treatment solutions, the growth of the industrial agitator market is propelling at a significant rate.    

Impact of COVID-19 Pandemic on Industrial Agitator Market

The outbreak of COVID-19 has affected the world adversely and its impacts are still prevailing in various countries across the world. Until the outbreak of COVID-19, the industrial agitator market was observing considerable growth in many regions; however, the outbreak of COVID-19 has led to significant decline in adoption of industrial agitator market. Owing to various containment measures such as lockdowns, business shutdown, and travel restrictions, the production and supply chain of industrial agitator market was impacted negatively leading to decline in production. Since various countries strictly implemented containment measures to control the rising number of COVID-19 cases, trading activities were majorly affected, which further impacted the manufacturing of industrial agitator market negatively from the supply side till 2020. Amid the COVID-19 pandemic, paint & coatings and cosmetics businesses were hampered drastically. However, since many trade operations have started picking pace from the last quarter of 2020, market players were expecting some growth in the demand for industrial agitator market from the end users. The global industrial agitator market is anticipated to recover the lack of demand in the coming months and the subsequent years.

Lucrative Regions for Industrial Agitator Providers

Lucrative Regions for Industrial Agitator Providers

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Industrial Agitator Market Insights

Surge in Number of SMEs Fuels Growth of Industrial Agitator Market

Small and medium enterprises play an integral part in the growth of country’s economy. According to Statista data 2021 and SME Chamber of India data, in emerging economies such as China and India, the SMEs contribute more than 60% and around 40% to the GDP. With fast changing technology scenario and growing number of small and medium manufacturers, the demand for innovative industrial agitators is growing continuously. In addition to the developing companies, the revenue growth rate of middle market companies in developed countries such as the US, Canada, Germany, and the UK has been surging at a consistent pace and it is expected to outperform various economic segments in these countries. For instance, as per the US Federal Reserve report 2021, small businesses are expected to continue a positive revenue growth and profitability in the coming few years with Small Business Optimism Index remained at a high level. Further, in the US, the total number of SMEs has reached 31.7 million, making up nearly 99.9% US businesses, according to Oberlo data 2020. Therefore, with the growing small and medium industries across the world, the need for industrial agitator market will be high due to wide range of applications in chemical, paper & pulp, ethanol & biofuels, water & wastewater, food & beverages, energy & power, and various other general process industries.

Mounting Type - Based Market Insights

Based on mounting type, the industrial agitator market is bifurcated into top-mounted, bottom-mounted, and side-mounted. In 2020, the top-mounted segment accounted for the largest share in the market.

Industrial Agitator Market, by Mounting Type, 2020 and 2028 (%)

Industrial Agitator Market, by Mounting Type, 2020 and 2028 (%)

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End-Use Industry -Based Market Insights

Based on end-use industry, the industrial agitator market is segmented into food and beverages, paint and coatings, chemical, mineral, pharmaceutical, cosmetics, and other industries. In 2020, the paint and coatings segment accounted for the largest market share.

Strategic Insights

Report Coverage - Industrial Agitator Market
Report CoverageDetails
Market Size Value inUS$ 1,931.76 million in 2021
Market Size Value byUS$ 2,638.61 million by 2028
Growth rateCAGR of 4.0% from 2021 to 2028.
Forecast Period2021- 2028
Base Year2021
No. of Pages203
No. of Tables110
No. of Charts & Figures97
Historical data availableYes
Segments coveredPower Rating , Mounting Type , Mixing Type , and End-Use Industry
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

The players operating in the industrial agitator market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In May 2021, Dynamix’s NMX line of agitators and Dynaflow impellers provide practical solutions for carbon-in-leach (CIL) as well as carbon-in-pulp (CIP) gold leaching circuits.
  • In October 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.

The Global Industrial Agitator Market has been Segmented as Mentioned Below:



By Power Rating

  • Less than 50 HP
  • 51 HP - 85 HP
  • 86 HP - 130 HP
  • 131 and Above

By Mounting Type

  • Top-Mounted
  • Bottom-Mounted
  • Side-Mounted

By Mixing Type

  • Solid–Solid Mixture
  • Solid–Liquid Mixture
  • Liquid–Liquid Mixture
  • Liquid– Gas Mixture

By End-Use Industry

  • Food and Beverages
  • Paint and Coatings
  • Chemical
  • Mineral
  • Pharmaceutical
  • Cosmetics
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • Alfa Laval
  • Dynamix Agitators Inc.
  • EKATO HOLDING GmbH
  • Mixer Direct
  • Silverson
  • SPX FLOW, Inc.
  • Statiflo Group
  • Sulzer Ltd
  • TACMINA CORPORATION
  • Xylem Inc.

Frequently Asked Questions

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.
Wide range of applications in multiple industries stand as an opportunity in this market. The industrial agitator market are widely used in food and beverages, paint and coatings, chemical, mineral, pharmaceutical, cosmetics, paper & pulp, water & wastewater, power plants, and petrochemicals. The purpose of agitators is for mixing liquids, solids, slurries, pastes, mixing liquids & gases, and mixing solids & gases. In chemical industry, the agitators are required in various stages for production of polymers, fertilizers & pesticides, chemical intermediates, lubricants, chemical coatings, adhesives, and sealants. Similarly, in mineral industry, the demand for efficient mixing and stirring systems in the mineral processing industry is growing at an impressive rate. Hence, for meeting the mixing requirements of this industry, agitator manufacturers are supplying the custom and high-quality industrial agitator market. Some of the major applications of agitators in this industry include solvent extraction, pressure hydrometallurgical processes, crystallizers, and atmospheric leach applications, among others. Therefore, with having wide range applications, the opportunities for industrial agitator manufacturers are also growing.
The industrial agitators market was dominated by top mounted mounting type with market share of 47.1% % in 2020. The top-mounted agitators are used for mixing and agitating various materials in major industrial applications. These agitators offer homogenous mixing with high reliability, high efficiency, low environmental stress, and low operational costs. Some of the major industries which use top-mounted agitators include food & beverages, biotechnology, pharmaceutical, pulp & paper, coating & finishing, water & effluent treatment, chemicals, and cosmetic applications, among others.
In 2020, North America led the market with a substantial revenue share, followed by Europe and APAC. Asia Pacific is a prospective market for industrial agitator’s market players.
The major companies in industrial agitator market includes Dynamix Agitators Inc, Ekato Holding GmBH, Alfa Laval, Sulzer Ltd., Xylem Inc. and Tacmina Corporation.
The major industries in industrial agitators market includes paint and coating, chemicals, minerals, pharmaceuticals, F & B, Cosmetics and others. The pharmaceutical segment is the fastest growing market in the industrial agitators market with a share of 12.8 % in 2020.

The List of Companies - Industrial Agitator Market

  1. Dynamix Agitators Inc.
  2. EKATO HOLDING GmbH
  3. Silverson
  4. Alfa Laval
  5. SPX FLOW, Inc.
  6. Sulzer Ltd
  7. Xylem Inc.
  8. Statiflo Group
  9. Tacmina Corporation
  10. Mixer Direct
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global industrial agitator market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global industrial agitator market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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