Industrial Agitators Market by Mounting (Top Mounted, Side Mounted, Bottom Mounted), Model (Large Tank Agitators, Drum Agitators, Portable Agitators), Form (Solid-Solid, Solid-Liquid, Liquid-Liquid, Liquid-Gas), Component (Heads, Sealing Systems, Impellers), Industry, and Geography - Global Forecast to 2022

The industrial agitators market was valued at USD 2.56 billion in 2016 and is estimated to reach USD 3.86 billion by 2022, at a CAGR of 7.07% during the forecast period. With growing demand for mixing substances of varied densities with low power consumption, steadily growing manufacturing sector and process industries, and rise in demand for projects and customized agitators are driving the growth of the market for industrial agitators. The core reason for the growth of industrial agitators market is due to adoption of customized agitators. The industrial agitators are gaining traction in the market due to the increasing complexities of processing substances which in-turn is driving the demand for customized agitators. Variable power agitators are witnessing increase in the demand for the mixing applications. Many key market players are actively designing and manufacturing industrial agitators that are focused on catering the specific needs of the in-use application.

Market Dynamics

• Growing demand for mixing substances of varied densities with low power consumption
• Steadily growing manufacturing sector and process industries
• Surge in demand for customized industrial agitators

Restraints

• High maintenance cost

Opportunities

• Growing application areas

Challenges

• Following stringent government safety norms and product compliance standards

Chemical industry to demand for customized industrial agitators

Industrial agitators in the chemical industry are used to prepare, mix, and refine the liquids (chemicals). The important characteristics considered in chemical agitators include reduced process time with control over consistency and quality of the final product. The chemical applications should safeguard proper solid suspension, gas dispersion, and liquid-liquid dispersion. Most industrial chemical applications need to improve heat transfer, mass transfer, and blending, apart from solid/gas/liquid suspension.

The chemical agitators are available as top entry, bottom entry, and side entry mounting types. Side entry agitators have reliable sealing systems, which can be equipped with fast device change to replace seals on a full tank. Agitators with free overhang shafts (without bottom-bearing) help reduce maintenance in the tank. Top entry agitators are designed to fit at the top of a mixing vessel; they have applications in reactors, autoclaves, and large process and storage tanks. Bottom entry agitators are designed to fit at the bottom of a mixing vessel; it is ideal for high-viscosity chemical products.

The objectives of the study are as follows:

• To define, describe, and forecast the industrial agitators market segmented on the basis of model , mounting, component, mixing method, industry, and geography
• To forecast the market size in terms of value for various segments with respect to four main regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the major factors influencing the growth of the industrial agitators market (drivers, restraints, opportunities, and industry-specific challenges)
• To provide a detailed overview of the value chain in the industrial agitators market  and analyze  the market trends with  the Porter’s five forces analysis 
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the industrial agitators market
• To strategically profile the key players and comprehensively analyze their market position in   terms of ranking and core competencies along with  detailing the competitive landscape for the market leaders  
• To analyze competitive developments such as new product launches and developments,  agreements and contracts, mergers and acquisitions, and expansions in the global industrial agitators market

The base year used for this study is 2016, and the forecast period considered is between 2017 and 2023.

The research methodology used to estimate and forecast the industrial agitators market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include information from various journals and databases such as IEEE journals, Factiva, Hoovers, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the industrial agitators market from the revenues of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews of officials holding key positions in the industry such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The industrial agitators ecosystem comprises industrial agitators-related manufacturing, technology, and service vendors such as Xylem, Inc. (U.S.), SPX Flow, Inc. (U.S.), Sulzer Ltd. (Switzerland), Philadelphia Mixing Solutions Ltd. (U.S.), Dynamix Agitators Inc. (Canada), Mixer Direct, Inc. (U.S.), Tacmina Corporation (Japan), Statiflo International Ltd. (U.K.), Ekato Holdings GmbH (Germany), and Silverson Machines Inc. (U.K.) among others, who sell these products and provides services to end users to cater to their specific requirements.

The Target Audience:

• Industrial Agitators service providers
• Manufacturing companies
• Research organizations
• Industrial agitators-related associations, organizations, forums, and alliances
• Distributors, resellers, and traders
• Government bodies such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and startup companies

“The study answers several questions for the target audiences, primarily which market segments to focus on in next two to five years for prioritizing the efforts and investments.

Report Scope:

In this report, the industrial agitators market has been segmented into the following categories, which have been detailed below:

Industrial Agitators Market, by Mounting:

• Top mounted
• Side mounted
• Bottom mounted

Industrial Agitators Market, by Model:

• Large tank agitators
• Drum agitators
• Portable agitators
• Others

Industrial Agitators Market, by Mixing Method:

• Solid-solid mixture
• Solid-liquid mixture
• Liquid-liquid mixture
• Liquid-gas mixture

Industrial Agitators Market, by Component:

• Heads
• Sealing systems
• Impellers
• Others

Industrial Agitators Market, by Industry:

• Chemical
• Mining
• Food and Beverage
• Pharmaceutical
• Paint and Coating
• Cosmetics
• Others

Industrial Agitators Market, by Geography:

• North America (U.S., Canada, and Mexico)
• Europe (U.K., Germany, France, and Others)
• Asia-Pacific (China, Japan, India, and Others)
• Rest of the World (South America and MEA)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Year Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Market Breakdown And Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Growth Opportunities in the Industrial Agitators Market
    4.2 Industrial Agitators Market, By Form
    4.3 Industrial Agitators Market, By Region And Mounting
    4.4 Industrial Agitators Market, By Industry
    4.5 Industrial Agitators Market, By Region

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Industrial Agitators Market, By Model
           5.2.2 Industrial Agitators Market, By Form
           5.2.3 Industrial Agitators Market, By Component
           5.2.4 Industrial Agitators Market, By Mounting
           5.2.5 Industrial Agitators Market, By Industry
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand for Mixing Substances of Varied Densities With Low Power Consumption
                    5.3.1.2 Steadily Growing Manufacturing Sector And Process Industries
                    5.3.1.3 Surge in Demand for Customized Industrial Agitators
           5.3.2 Restraints
                    5.3.2.1 High Maintenance Cost
           5.3.3 Opportunities
                    5.3.3.1 Growing Application Areas
           5.3.4 Challenges
                    5.3.4.1 Following Stringent Government Safety Norms And Product Compliance Standards

6 Industry Trends (Page No. - 41)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Model-2015
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 Industrial Agitators Market, By Model (Page No. - 48)
    7.1 Introduction
    7.2 Large Tank Agitators
    7.3 Portable Agitators
    7.4 Drum Agitators
    7.5 Others

8 Industrial Agitators Market, By Mounting (Page No. - 55)
    8.1 Introduction
    8.2 Top-Mounted Agitators
    8.3 Side-Mounted Agitators
    8.4 Bottom-Mounted Agitators

9 Industrial Agitators Market, By Component (Page No. - 62)
    9.1 Introduction
    9.2 Heads
    9.3 Sealing Systems
    9.4 Impellers
    9.5 Others

10 Industrial Agitators Market, By Form (Page No. - 68)
     10.1 Introduction
     10.2 Solid–Solid Mixture
     10.3 Solid–Liquid Mixture
     10.4 Liquid–Gas Mixture
     10.5 Liquid–Liquid Mixture

11 Industrial Agitators Market, By Industry (Page No. - 72)
     11.1 Introduction
     11.2 Chemical
             11.2.1 Oil & Petroleum
             11.2.2 Water/Wastewater Treatment
     11.3 Paint & Coatings
     11.4 Mineral
     11.5 Food & Beverages
     11.6 Pharmaceutical
     11.7 Cosmetic
     11.8 Others

12 Industrial Agitators Market, Geographical Analysis (Page No. - 84)
     12.1 Introduction
     12.2 North America
             12.2.1 U.S.
             12.2.2 Canada
             12.2.3 Mexico
     12.3 Europe
             12.3.1 U.K.
             12.3.2 Germany
             12.3.3 France
             12.3.4 Rest of Europe
     12.4 APAC
             12.4.1 Japan
             12.4.2 China
             12.4.3 India
             12.4.4 Rest of APAC
     12.5 Rest of the World
             12.5.1 South America
             12.5.2 Middle East And Africa

13 Competitive Landscape (Page No. - 117)
     13.1 Overview
     13.2 Market Ranking Analysis: Industrial Agitators Market
     13.3 Competitive Situation
             13.3.1 Contracts & Agreements
             13.3.2 New Product Launches & Developments
             13.3.3 Expansions
             13.3.4 Mergers & Acquisitions
             13.3.5 Other Strategies

14 Company Profile (Page No. - 124)
     14.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     14.2 Xylem Inc.
     14.3 SPX Flow Inc.
     14.4 Ekato Holding GmbH
     14.5 Sulzer Ltd.
     14.6 Philadelphia Mixing Solutions Ltd.
     14.7 Dynamix Agitators Inc.
     14.8 Tacmina Corporation
     14.9 Statiflo International Ltd.
     14.10 Silverson Machines Inc.
     14.11 Mixer Direct Inc.

*Details On Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 145)
     15.1 Insights of Industry Experts
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details

Figure 1 Market Scope: Industrial Agitators
Figure 2 Industrial Agitators Market, By Geography
Figure 3 Global Industrial Agitators Market: Research Design
Figure 4 Breakdown of Primaries
Figure 5 Industrial Agitators Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Industrial Agitators Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Industrial Agitators: Market Size Analysis
Figure 9 Industrial Agitators Market Snapshot (2016 vs 2022): Top-Mounted Agitators Expected to Dominate the Market During the Forecast Period
Figure 10 North America Accounted for the Largest Share of the Industrial Agitators Market in 2015
Figure 11 Industrial Agitators Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 12 Market for Liquid-Liquid Mixture Segment to Grow at the Highest Rate Between 2016 And 2022
Figure 13 North America to Hold the Largest Share of the Industrial Agitators Market in 2016
Figure 14 Chemical Industry to Hold the Largest Market Size Between By 2022
Figure 15 U.S. to Hold the Largest Share of the Industrial Agitators Market in 2016
Figure 16 Industrial Agitators Market, By Geography
Figure 17 Market Overview: Industrial Agitators
Figure 18 Value Chain Analysis: Major Value is Added During the Manufacturing And Assembly Phase
Figure 19 Porter’s Five Forces Analysis
Figure 20 Porter’s Analysis: Industrial Agitators Market
Figure 21 Industrial Agitators Market, By Model
Figure 22 Portable Agitators Expected to Lead the Industrial Agitators Market During the Forecast Period
Figure 23 Asia-Pacific Expected to Lead the Industrial Agitators Market for Portable Agitators During the Forecast Period
Figure 24 Industrial Agitators Market, By Mounting
Figure 25 Top-Mounted Agitators Held the Largest Share of the Industrial Agitators Market in 2016
Figure 26 Industrial Agitators Market for Side-Mounted Agitators in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 27 Segmentation of the Industrial Agitators Market, By Component
Figure 28 Industrial Agitators Market for Impellers Expected to Grow at the Highest Rate Between 2016 And 2022
Figure 29 Industrial Agitators Market in APAC for Impellers Expected to Grow at the Highest Rate During the Forecast Period
Figure 30 Industrial Agitators Market, By Form
Figure 31 Liquid–Liquid Mixtures Held the Largest Share of the Industrial Agitators Market in 2015
Figure 32 Chemical Industry to Hold the Largest Size of the Industrial Agitators Market in 2016
Figure 33 Industrial Agitators Market in APAC for Chemical Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 34 Industrial Agitators Market in APAC for Paint & Coatings Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 35 Industrial Agitators Market in APAC for Food & Beverages Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 36 Industrial Agitators Market in APAC for Pharmaceutical Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 37 APAC Expected to Lead the Industrial Agitators Market for Cosmetic Industry Between 2016 And 2022
Figure 38 Geographic Snapshot: APAC Countries Such as China And India Expected to Witness Significant Growth During the Forecast Period
Figure 39 Snapshot of the Industrial Agitators Market in North America
Figure 40 Snapshot of the Industrial Agitators Market in Europe
Figure 41 Snapshot of the Industrial Agitators Market in APAC
Figure 42 Companies Adopted New Product Launches, Contracts And Agreements as the Key Growth Strategy (2014–2016)
Figure 43 Market Evolution Framework: Contracts & Agreements Fueled Growth And Innovation Between 2014–2016
Figure 44 Battle for Market Share: Contracts And Agreements—Key Strategies Between 2015 And 2016
Figure 45 Geographic Revenue Mix of Top Market Players
Figure 46 Xylem Inc.: Company Snapshot
Figure 47 Xylem Inc.: SWOT Analysis
Figure 48 SPX Flow, Inc.: Company Snapshot
Figure 49 SPX Flow, Inc.: SWOT Analysis
Figure 50 Ekato Holding GmbH: SWOT Analysis
Figure 51 Sulzer Ltd.: Company Snapshot
Figure 52 Sulzer Ltd.: SWOT Analysis
Figure 53 Mixer Direct Inc.: SWOT Analysis

The industrial agitators market was valued at USD 2.56 billion in 2016 and is expected to reach USD 3.86 billion by 2022, at a CAGR of 7.07% during the forecast period. The growth of this market is being propelled by the increasing demand for industrial agitators especially from the chemical and pharmaceutical industry applications.

Industrial agitators are used to mix several materials in the chemical, pharmaceutical, mineral, and cosmetic industries, among many others. The process of mixing involves use of powerful mechanical components that are high on performance but low on internal power consumption. The agitators are used to mix solids with liquids, liquids with gases, and liquids with liquids across a wide range of verticals. They are not only used to maintain the homogeneity of the liquids during the bulk storage but also increase the rate of heat transfer during heating or cooling process. An agitator consists of a set of components such as heads and sealing systems, among others. Agitators allow dilution, dissolution, suspension of homogenization of dispersion or emulsion of varied or similar substances to obtain the desired product. Top entry, side entry, and bottom entry industrial agitators are available in the market. Each of these is used across different industries depending on the mixing method and the type of agitator used for the agitation purpose.

The global industrial agitators market has been segmented on the basis of mounting, model, mixing method, component, industry, and geography. The industrial agitators market is expected to be led by pharmaceutical industry during the forecast period. The growth of this market is being propelled by the high demand for industrial agitators for improving the operations, optimizing resource utilization, and increasing the profitability in the medicine manufacturing firms.

North America held the largest size of the industrial agitators market in 2016. The leading position of North America can be attributed to the high demand for industrial agitators in this region due to the presence of a large number of manufacturing companies in various industries such as chemical, food & beverage, pharmaceuticals and so on. The growth of industrial agitators across chemical industry is a result of availability of natural gas produced from shale gases. These gases require mixing to form the desired product thereby enabling the use of agitators as the single mode of mixing. Higher production of industrial agitators due to the technological developments and product specification has made an impact on the demand for industrial agitators in the pharmaceutical industry. This is one of the major factors driving the growth of the industrial agitators market in North America region.

The chemical industry dominated the industrial agitators market in terms of market size. The major factors accelerating the growth of this industry are organic chemicals like methanol, acetic acid, formaldehyde, pyridines and so on,  and inorganic chemicals like sulphuric acid, nitric acid, and alkalies among others  in chemical industry has  led to the growth of chemical industry as there is availability of plenty raw materials. The need for high crop production in an existing land has also led to the production of pesticides which is included in the chemical segment. The chemical industry also includes oil & petroleum and water & waste water treatment segments.

Surge in demand for customized industrial agitators

The varied nature of substances being processed is giving rise to the demand for customized industrial agitators. Project-specific and customized agitators are gaining traction in the market. Variable power agitators are witnessing increase in the demand for the mixing applications. Nowadays, agitators with capability of fractional horsepower (FHP) to 4,000 HP are catering to the growing demand for such agitators in the existing market.

Top-Mounted Agitators

Top-mounted agitators are attached on the top of the frame or tank. These agitators can be used for mixing high-viscosity fluids. Top-mounted agitators require lesser power than side-mounted agitators and can withstand tens of thousands of hours of continuous operation. Top-mounted agitators have the largest applications in the mixing industry.

Side-Mounted Agitators

Side-mounted agitators are those that are installed anywhere along the side of the mixing vessel or tank. These are mostly used for mixing low-viscosity materials across heavy-duty applications. Agitation of low-viscosity products such as oil, milk, wine, beer, and alcohol is one of the main applications of side-mounted agitators. Other applications involving the use of side-mounted agitators include crude oil storage, gasoline storage, and water treatment. Side-mounted agitators require more power but consume less blending time.

Bottom-Mounted Agitators

Bottom-mounted agitators are those that have mountings installed at the bottom of the mixing vessel. Bottom-mounted agitators are used for both high- and low-viscosity products. These agitators are considerably lightweight than top- and side-mounted agitators. Also, no agitator influence such as weight, force, and space exists on the vessel top, and low center of gravity in the vessel allows for ease of operation. As they are mounted at the bottom of the vessel, easy demounting is also possible while using such agitators.

Critical questions would be:

• Where will all these developments take the industry in the mid to long term?
• Will the suppliers continue to explore new avenues for industrial agitators? 
• What are the upcoming industry applications for industrial agitators?

The key restraining factors for the growth of the industrial agitators market are lack of uniform standards in the industrial agitators market, and high cost of installation and maintenance. This report describes the drivers, restraints, opportunities, and challenges pertaining to the industrial agitators market. In addition, it analyzes the current scenario and forecasts the market till 2022, including the market segmentation based on mounting, model, mixing method, component, industry, and geography. Some of the major companies operating in the industrial agitators market are Dynamix Agitators Inc. (Canada), Xylem, Inc. (U.S.), Mixer Direct, Inc. (U.S.), Sulzer Ltd. (Switzerland), and Ekato Holdings GmbH (Germany) among others.

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