The Industrial agitators market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% during the forecast period. The constantly growing chemical, pharmaceutical and food & beverage demand and production is a major factor driving the growth of industrial agitators market globally. Moreover, need for customized agitators for several applications is also key factor contributing to the market growth.
The major players in the industrial agitators market with a significant global presence are SPX Flow, Inc. (US), Xylem Inc. (US), Ekato Group (Germany), Sulzer Ltd. (Switzerland) and NOV Inc (US). The market players have adopted various strategies such as development of advanced products, partnerships, contracts, expansions and acquisitions to strengthen their position in the industrial agitators market. The organic and inorganic strategies have helped the market players to expand themselves globally by providing advanced solutions in the industrial agitators market.
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SPX Flow (US) is global manufacturer and supplier of highly specialized, engineered solutions, such as flow components, process equipment, and turnkey systems. The company serves power and energy, food and beverages, and industrial sectors. The company provides a range of industrial mixers through its mixers and blenders product category. The company has operations in 25 countries and an overall sales presence in more than 140 countries. The manufacturing sites, innovation centers, and service centers of the company are located worldwide, including the Americas, Europe, Asia Pacific, and the Middle East. The company has 26 innovation and design centers. The company offers mixing technology solutions through different brands, such as Lightnin and Philadelphia. SPX Flow acquired Philadelphia Mixing Solutions in May 2021. This acquisition combined two of North America’s leading mixing solutions providers leading to one of the strongest acquisitions in the world of mixing technology. The company also provides aftermarket testing and calibration services for mixing technology solutions.
Xylem (US) is a leading global water technology company that enables customers to transport, test, treat, and use water in multiple industries. The company operates through three segments, namely, Water Infrastructure, Applied Water, and Measurement & Control Solutions. The company caters to industrial agitators through its Water Infrastructure operating segment.Xylem offers a broad range of mixers featuring innovative technologies. Its product portfolio includes submersible and dry-installed mixers and agitators, as well as unique adaptive mixers that allow users to match mixing output to their exact process needs. Its Flygt Adaptive Mixers are meant for variable treatment processes and come with an integrated drive and advanced control capabilities, including full automation, to allow full control over mixing or even let the mixer control itself.
Ekato Group (Germany) is a leading provider of Industrial agitators solutions and services. The company offers systems for blending, standardizing, and drying solid and semi-solid products. Its agitators fulfill mixing tasks such as blending/homogenization, suspension, dispersion, gasification, heat transfer, heat supply, and heat removal. The company’s product range of agitators consists of small, efficient, and standardized industrial agitators, and entire agitator systems with reactor vessels, which are individually developed for specific mixing requirements and complete process plants. The company has a global presence with subsidiaries in Europe, Asia, Australia, South America, South Africa, and the US and a trading and distribution network worldwide. The company caters to various applications, including chemical, polymer, pharmaceutical, cosmetics, hydrometallurgy, flue gas desulfurization, biofuels, biotechnology, and food.
NOV (US) is one of the key providers of independent equipment and technology to the global energy and oil & gas industry. It operates under three business units: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Completion & Production solutions business segment, through its Fluid Motion Systems solutions category, caters to the industrial agitators market. This category includes specialized, technology-driven progressive cavity pumps and mixers for moving high-viscosity liquids for several markets with high failure costs. Product offerings include industrial and static mixers, homogenizers, mixing systems, impellers, and agitators. These products are sold under the Chemineer, Kenics, Greerco, and Prochem brands. These brands are specifically known for innovation in designing and manufacturing fluid agitation equipment and systems. The company operates across 61 countries in North America, Asia Pacific, Europe, and RoW.
Sulzer (Switzerland), along with its subsidiaries, provides pumping solutions, rotating equipment, maintenance and repairs, and separation, reaction, and mixing technology solutions across the world. Sulzer targets three major markets—oil & gas, power, and water. It has three major business divisions, namely, Flow Equipment, which includes pump equipment and rotating equipment; Services; and Chemtech. The Flow Equipment division of the company provides pumping solutions, agitators, compressors, grinders, screens, and filters developed through intensive research and development in fluid dynamics and advanced materials. The company serves sectors such as oil & gas, hydrocarbon processing, power generation, and paper & pulp. It also provides repair, refurbishment, and maintenance services for rotating equipment. The company has a global presence with 180 production and service locations spread across the globe.
Industrial Agitators Market by Model Type (Large Tank, Portable, Drum, Pail, Tote), Mounting (Top, Side, Bottom Mounted), Component (Head, Impeller, Seal, Propeller, Turbines, Disperser), Form (Solid-Solid, Liquid-Gas), Region - Global Forecast to 2028
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