Dublin, Dec. 09, 2021 (GLOBE NEWSWIRE) -- The "Global 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, Mixing Type, and End-Use Industry" report has been added to ResearchAndMarkets.com's offering.
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.
The industrial agitator market is 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. The paint and coatings industry are used in building and construction industry, where they are used to protect the structures from external damage.
Further, based on observation, around 55% of the coatings produced globally are used to decorate and protect new construction and to maintain existing structures, such as residential homes & apartments, public buildings, and factories. Other than building and construction industry, the use for industrial agitator in paint and coatings industry is also for automotive & transportation and wood industries. 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 wide range applications, the opportunities for industrial agitator manufacturers are also growing.
The COVID-19 outbreak had led to the imposition of lockdown measures in North America region, especially in the US and Canada. The crisis adversely affected various sectors, such as cosmetics, painting, and coating business. The US recorded an unmatched rise in the number of COVID-19 cases, which disrupted production of paints, cosmetics and coatings and consequently impacted the demand for industrial agitator market used in these industries during the early months of 2020.
Workplaces were allowed to work with limited capacity and work from home facility was given to employees wherever it was possible. People didn't have to go anywhere as earlier they had to attend meetings, give presentations, and travel different cities for business tours. Since the physical movement to various places was restricted, this impacted the demand for cosmetics products to a great extent. Also, gathering of people for non-essential work was discouraged. This resulted in less demand for renovation activities.
The residential real estate sector in the US was shaken by this pandemic and home showings per listing were down by more than 40%. Owing to these factors, demand for paints and coatings decreased substantially, which consequently affected the demand for industrial agitator market required to produce paints and cosmetics. Moreover, as economies open further and trade restriction get relaxed, the industrial agitator market is estimated to witness a positive growth in North America region.
A few major players operating in the global industrial agitator market are Alfa Laval; Dynamix Agitators Inc.; EKATO HOLDING GmbH; Mixer Direct; Silverson; SPX FLOW, Inc.; Statiflo Group; Sulzer Ltd; TACMINA CORPORATION; and Xylem Inc.
Reasons to buy
- 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
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Industrial Agitator Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia-Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South America - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Industrial Agitator Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Need for Efficient Wastewater Treatment
5.1.2 Surge in Number of SMEs
5.2 Key Market Restraint
5.2.1 High Maintenance and Installation Cost of Industrial Agitators
5.3 Key Market Opportunity
5.3.1 Wide Range of Application in Multiple Industries
5.4 Future Trends
5.4.1 Technological Advancements in Industrial Agitators
5.5 Impact Analysis of Drivers and Restraints
6. Industrial Agitator Market - Global Analysis
6.1 Industrial Agitator Market Global Overview
6.2 Industrial Agitator Market - Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Industrial Agitator Market Analysis - By Power Rating
7.1 Overview
7.2 Industrial Agitator Market, By Power Rating (2020 and 2028)
7.3 Less than 50HP
7.3.1 Overview
7.3.2 Less than 50HP: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
7.4-85 HP
7.4.1 Overview
7.4.2-85 HP: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
7.5-130 HP
7.5.1 Overview
7.5.2-130 HP: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
7.6 HP & above
7.6.1 Overview
7.6.2 HP & above: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
8. Industrial Agitator Market - By Mounting Type
8.1 Overview
8.2 Industrial Agitator Market, by Mounting Type (2020 and 2028)
8.3 Top-Mounted
8.3.1 Overview
8.3.2 Top-Mounted: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Bottom-Mounted
8.4.1 Overview
8.4.2 Bottom-Mounted: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Side-Mounted
8.5.1 Overview
8.5.2 Side-Mounted: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
9. Industrial Agitator Market - By Mixing Type
9.1 Overview
9.2 Industrial Agitator Market, by Mixing Type (2020 and 2028)
9.3 Solid-Solid Mixture
9.3.1 Overview
9.3.2 Solid-Solid Mixture: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Solid-Liquid Mixture
9.4.1 Overview
9.4.2 Solid-Liquid Mixture: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Liquid-Liquid Mixture
9.5.1 Overview
9.5.2 Liquid-Liquid Mixture: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Liquid-Gas Mixture
9.6.1 Overview
9.6.2 Liquid-Gas Mixture: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10. Industrial Agitator Market - By End-Use Industry
10.1 Overview
10.2 Industrial Agitator Market, by End-Use Industry (2020 and 2028)
10.3 Food and Beverages
10.3.1 Overview
10.3.2 Food and Beverages: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Paint and Coatings
10.4.1 Overview
10.4.2 Paint and Coatings: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Chemical
10.5.1 Overview
10.5.2 Chemical: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Mineral
10.6.1 Overview
10.6.2 Mineral: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Pharmaceutical
10.7.1 Overview
10.7.2 Pharmaceutical: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.8 Cosmetics
10.8.1 Overview
10.8.2 Cosmetics: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others: Industrial Agitator Market - Revenue and Forecast to 2028 (US$ Million)
11. Industrial Agitator Market - Geographic Analysis
12. Industrial Agitator Market- COVID-19 Impact Analysis
12.1 Overview
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 South America
13. Industry Landscape
13.1 Market Initiative
13.2 Merger and Acquisition
13.3 New Development
14. Company Profiles
14.1 Dynamix Agitators Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 EKATO HOLDING GmbH
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Silverson
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Alfa Laval
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 SPX FLOW, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Sulzer Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Xylem Inc.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Statiflo Group
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 TACMINA CORPORATION
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Mixer Direct
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/fyswwh
