Industrial Agitator Market is rapidly growing US$ 2,638.61 million with a CAGR of 4.0% by 2028

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 is an essential component in process of wastewater treatment. Wastewater treatment requires precise control at each stage in its process from rapid flash mixing to polymer addition. To control all these processes, there is requirement of specific wastewater agitators with high reliability, durability, and efficient performance. Further, there are several manufacturers who provide industrial agitators for wastewater treatment. For instance, Sulzer Ltd, which provide Scaba TreatX (Scaba top-mounted vertical agitator), is specially designed for mixing and agitating process liquids in wastewater treatment industry. This agitator ensures homogenous mixing, high efficiency, high process reliability, low operating costs, and low environmental stress. Some of the other manufacturers offering industrial agitator market are Dynamix Agitators Inc., Xylem Inc., and TACMINA CORPORATION, among others. Therefore, with high demand of wastewater treatment solutions, the growth of the industrial agitator market is propelling at a significant rate.

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Industrial Agitator Market Company Profiles Analysis:

• Dynamix Agitators Inc.
• EKATO HOLDING GmbH
• Silverson
• Alfa Laval
• SPX FLOW, Inc.
• Sulzer Ltd
• Xylem Inc.
• Statiflo Group
• Tacmina Corporation
• Mixer Direct

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industrial Agitator market based on the deployment type and application. It also provides market size and forecast till 2028 for overall Industrial Agitator market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Market Segmentation:

By Power Rating
Less than 50 HP
51 HP - 85 HP
86 HP - 130 HP
131 and Above

By Mounting Type
Top-Mounted
Bottom-Mounted
Side-Mounted

By Mixing Type
Solid-Solid Mixture
Solid-Liquid Mixture
Liquid-Liquid Mixture
Liquid- Gas Mixture

By End-Use Industry
Food and Beverages
Paint and Coatings
Chemical
Mineral
Pharmaceutical
Cosmetics

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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Food and Beverages, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Industrial Agitator market globally. This report on 'Industrial Agitator market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also Industrial Agitator market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

Surge in Number of SMEs Fuels Growth of Industrial Agitator Market

Small and medium enterprises play an integral part in the growth of country's economy. According to Statista data 2021 and SME Chamber of India data, in emerging economies such as China and India, the SMEs contribute more than 60% and around 40% to the GDP. With fast changing technology scenario and growing number of small and medium manufacturers, the demand for innovative industrial agitators is growing continuously. In addition to the developing companies, the revenue growth rate of middle market companies in developed countries such as the US, Canada, Germany, and the UK has been surging at a consistent pace and it is expected to outperform various economic segments in these countries. For instance, as per the US Federal Reserve report 2021, small businesses are expected to continue a positive revenue growth and profitability in the coming few years with Small Business Optimism Index remained at a high level. Further, in the US, the total number of SMEs has reached 31.7 million, making up nearly 99.9% US businesses, according to Oberlo data 2020. Therefore, with the growing small and medium industries across the world, the need for industrial agitator market will be high due to wide range of applications in chemical, paper & pulp, ethanol & biofuels, water & wastewater, food & beverages, energy & power, and various other general process industries.

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