Industrial Agitator Market Analysis 2020-2027: Xylem Inc., SPX Flow, Inc., Sulzer, Philadelphia Mixing Solutions, Dynamix Agitators

The industrial agitator market accounted to US$ 2.37 Bn in 2018 and is expected to grow at a CAGR of 7.8% during the forecast period 2019 - 2027, to account to US$ 4.65 Bn by 2027.

Manufacturers from several industries are now a days highly focused on achieving new growth mark. Chemical industry is major revenue contributor to this market with large number of mixing applications across the production and operation. The chemical industry has been an integral part of the global economic landscape for many centuries. Further, statistics says these chemical companies in 2017, spent around US$ 3.0 trillion to buy goods and services used in the manufacture of their products. Out of this, around two-thirds of this amount was spent by companies operating in the APAC region. Mining, oil & gas and mineral processing are other major industries contributing significant revenue to this market.

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The major players operating in the market for industrial agitator market are Xylem Inc., SPX Flow, Inc., Sulzer Ltd, Philadelphia Mixing Solutions, Ltd., Dynamix Agitators Inc., Tacmina Corporation, Statiflo Group, Ekato Group, Silverson Machines, Inc., and Alfa Laval among others.

The industrial agitator market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East & Africa, and South America. The APAC region is anticipated to be the fastest-growing region in the coming years. In comparison to other regions of the world, the economic outlook of APAC is quite dynamic. The economic growth in developing countries of APAC is quite impressive and these countries, which makes APAC as one of the most promising market for the growth of industrial agitator market.

The wide variety of substances used in food and cosmetics industries demand very specific mixing solutions which fulfill strict safety regulations, hygiene standards, and efficiency mandates. The increasing custom mixing applications in these industries are driving the demand for custom industrial agitators. Thus, use of specific custom agitators is expected to provide huge opportunities for food and cosmetics industries in the forthcoming period. This factor will positively impact the growth of industrial agitator market.

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