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Industrial Agitators Market

Industrial Agitators Market By Type (Top Entry Industrial Agitators, Side Entry Industrial Agitators, Bottom Entry Industrial Agitators), Model (Large Tank Agitators, Drum Agitators, Portable Agitators, Tote Agitators), End User & Region for 2022 – 2027

Industrial Agitators Market By Type (Top Entry Industrial Agitators, Side Entry Industrial Agitators, Bottom Entry Industrial Agitators), Model (Large Tank Agitators, Drum Agitators, Portable Agitators, Tote Agitators), End User & Region for 2022 – 2027

Industrial Agitators Market - Analysis, Outlook, Growth, Trends, Forecasts

Industrial Agitators Market Outlook (2022-2027)

[250 Pages Report] The global industrial agitators market is set to be valued at US$ 2.15 Bn in 2022, and predicted to expand at an impressive CAGR of 8.6% to attain a net worth of US$ 3.24 Bn by the end of 2027. 

Global Industrial Agitators Market Size (2022)

US$ 2.15 Bn

Estimated Market Net Worth (2027)

US$ 3.24 Bn

Global Market Growth Rate (2022-2027)

8.6% CAGR

North America Market Share (2022)

31.6%

Industrial agitator sales are expected to account for 2% share of the global industrial equipment market revenue. Use of industrial mixers and agitators is majorly in the chemical industry where they are used to promote reactions in chemicals via heat transfer through the motion that they produce.

Demand Analysis of Industrial Agitators (2013 to 2021) Vs Market Outlook (2022 to 2027)

Industrial agitators facilitate many important activities in the manufacturing and industrial sector of multiple end use industries and have seen evolution from just mixing liquids to performing various other tasks. Industrial agitator demand grew at a modest CAGR of 7.1% from 2013 to 2021, as a result of rising industrial activity across the globe.

Industrial agitator demand growth can be attributed to factors such as rising industrial activity across the world, increasing demand for customized industrial agitators, rising requirement for optimization of mixing processes, etc.

Shipments of industrial agitators are expected to see a rise at a CAGR of 8.6% from 2022 to 2027.

Increase in demand for wastewater treatment is also expected to largely favor the sales of industrial agitators. As the population across the world increases so does the need for clean water, and this is expected to drive the popularity of wastewater treatment services and solutions. Increasing demand for efficient and customized industrial agitators is expected to be a major trend over the coming years.

With the adverse impact of the COVID-19 pandemic, the oil & gas industry has had to cut down majorly on their exploration and other operations, and this has negatively impacted the sales of industrial agitators.

Which Regions Would Be Lucrative for Industrial Agitator Vendors?

The industrial agitator systems market landscape is explained in detail over regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).

Of all the regions, the North America industrial agitators market holds a dominant market share of 31.6% in the global landscape. The demand can be attributed to factors such as high product penetration, increasing need and scope of application of technologically advanced products, establishment of chemical manufacturing facilities, etc.

East Asia, South Asia, and the Pacific are collectively expected to exhibit lucrative opportunities for industrial agitator sales over the forecast period. Industrial agitator consumption in these regions is expected to be driven by high industrial activity, the establishment of new industrial facilities, a booming manufacturing sector backed by supportive government initiatives, etc. The key nations to watch out for in these regions are India and China.

Industrial agitator demand in Europe is expected to see a steady rise over the forecast period as the region sees an increase in the establishment of multiple manufacturing and industrial facilities. The industrial agitator devices market in Europe holds a market share of around 19%.

Demand for industrial agitators in Latin America is also expected to see an increase as the region sees the development of the chemical industry and oil industry. Sales of industrial mixers and agitators in the MEA region are expected to see steady growth due to the well-established oil and gas industry in this region.

Country-wise Analysis

Will India Evolve As A Beneficial Market For Industrial Agitator Manufacturers?

India is a developing economy and has seen major increase in its manufacturing sector over the past few years. Government initiatives are promoting the establishment of new SMBs, and the government is subsidizing the purchase of industrial equipment to promote the sales of industrial agitators.

The nation has a lot of untapped market potential and industrial agitator suppliers can maximize their potential by providing innovative and cost-effective products to boost sales revenue in the nation.

How Is The Chinese Industrial Agitators Industry Anticipated To Perform?

China has a huge industrial and manufacturing sector that is flourishing like no other in the world. Industrial agitator sales in China are expected to see an increase over the forecast period as the manufacturing sector bolsters in the nation with increasing government backing and rising investments from investors. Consumption of industrial agitators in China is expected to have a significant contribution to global industrial agitators market revenue.

Category-wise Analysis

Which Type Of Industrial Agitator Is Expected To Dominate Market Growth?

Among the three different types of industrial agitators, the most significant demand is seen for top-entry type agitators. They are expected to account for more than 70% of the global industrial agitator systems market share.

Top-entry industrial agitator sales are expected to be driven by rapid increase in demand from various chemical industries across the world. The world has also seen an increase in chemical manufacturers, and this has also contributed to an increase in the demand for top-entry industrial agitators.

COVID-19 Impact

The pandemic of 2020 hit the world in the most unexpected of ways and completely changed the way the world economy operated across the world. The COVID-19 pandemic halted industrial activity across the world as it went into lockdown to prevent the spread of coronavirus infections. Businesses across the world saw a major shift in their revenue as these restrictions affected their market potential and decreased the valuation on a global scale.

Most end-use industries that utilize industrial agitators have been adversely impacted by the COVID-19 pandemic and lowered demand across multiple geographies. Sales of industrial agitators saw a major decline in 2020, and demand for industrial agitators is expected to be relatively slow in the short-term post-pandemic era as well.

Reduction of CAPEX is expected to majorly influence the production activity and adversely affect the industrial agitator sales in the post-pandemic era, especially in the oil and gas end-use industry.  

Supply chain disruptions and overall change in major industries such as the automotive industry are also expected to negatively impact the consumption of industrial agitators. However, industrial agitator sales are expected to pick up pace as the world returns to normalcy and industrial activity.

Competitive Landscape

Key industrial agitator manufacturing companies are focusing on developing durable and innovative products to meet the changing demands from the end-use industries. Prominent industrial agitators market players are also investing in the research & development of customized industrial agitator systems that are seeing tremendous increase in demand.

  • Osborne Industries, at the World Pork Expo 2021, announced the launch of its new bin agitator. George Eakin, President and CEO of the company described the Flow Pro Bin Agitator as an automatic feed agitation system that ensures consistent flow to feed animals.
  • In December 2019, Sulzer, a Swiss-based industrial engineering company, announced the launch of its new line of agitators. The new line of SALOMIX agitators is specially designed and developed to operate in multiple industry verticals while reducing power consumption and increasing efficiency.

Industrial Agitators Industry Report Scope

Attribute

Details

Forecast Period

2022-2027

Historical Data Available for

2013-2021

Market Analysis

Units for Sales, US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • and GCC Countries

Key Market Segments Covered

  • Type
  • Model
  • End User
  • Region

Key Companies Profiled

Pricing

Available upon Request

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Key Segments of Industrial Agitators Industry Survey

Industrial Agitators Market by Type:

  • Top Entry Industrial Agitators
  • Side Entry Industrial Agitators
  • Bottom Entry Industrial Agitators

Industrial Agitators Market by Model:

  • Large Tank Agitators
  • Drum Agitators
  • Portable Agitators
  • Tote Agitators

Industrial Agitators Market by End User:

  • Industrial Agitators for Chemicals
  • Industrial Agitators for Pharmaceuticals
  • Industrial Agitators for Food and Beverages
  • Industrial Agitators for Paper and Pulp
  • Industrial Agitators for Waste and Wastewater Treatment
  • Industrial Agitators for Oil, Gas and Petrochemicals

Industrial Agitators Market by Region:

  • North America Industrial Agitators Market
  • Latin America Industrial Agitators Market
  • Europe Industrial Agitators Market
  • East Asia Industrial Agitators Market
  • South Asia & Pacific Industrial Agitators Market
  • Middle East & Africa (MEA) Industrial Agitators Market

Key Questions Answered in the Report

What is the expected industrial agitators market growth?

The global industrial agitators market is predicted to expand at an impressive CAGR of 8.6% from 2022 to 2027.
The global industrial agitators market is set to be worth US$ 2.15 Bn in 2022, and is estimated to reach US$ 3.24 Bn by 2027.
Some of the major companies included in this report are Dynamix Agitators Inc., EKATO HOLDING GmbH, Philadelphia Mixing Solutions Ltd., Tacmina Corporation, SPX FLOW Inc., and Sulzer Ltd.
Increasing demand for wastewater treatment, rising demand for efficient and customized industrial agitators, establishment of new industrial facilities, and rising chemical manufacturers across the world are major factors driving industrial agitators sales on a global level.
The industrial agitators sector in North America holds a market share of 31.6% in the global landscape.

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