Press release
Demand for High Viscosity Mixer Is Expected to Progress at a Healthy CAGR of 6.3% by 2032- Latest Fact.MR Study
The global high viscosity mixer market will generate revenue of US$ 438.3 million in 2022 and is expected to progress at a healthy CAGR of 6.3% to reach a market size of US$ 805.8 million by the end of 2032.Sales of high viscosity mixers accounted for nearly 9% share of the global mixer market at the end of 2021.
High viscosity mixers are used for the efficient mixing of highly viscous fluids to obtain a homogenously mixed product. They mix highly viscous fluids by the laminar process. It has been observed that manufacturers of products such as adhesives, chemicals, pharma, beauty & care, food & beverages, and others have increased the usage of high viscosity mixers in their processes.
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Key Takeaways from Market Study
· The global high viscosity mixer market is projected to grow 1.8X and reach US$ 805.8 million by 2032.
· Demand for high viscosity mixers increased at 1.5% CAGR between 2017 and 2021.
· Under mixer type, multi-shaft high viscosity mixers dominate the market and account for a valuation of US$ 307.6 million.
· East Asia is a prominent market for high viscosity mixers and accounted for 28.3% market share in 2021.
· Together, North America and Europe are likely to represent 46.5% market share in 2022.
· Sales of high viscosity mixers are expected to increase at CAGRs of 7.4% and 5.9%, respectively, in South Asia & Oceania and Europe.
Market Development
Eminent market players are emphasizing improving the design of products through various technological advancements. Reducing the level of shear, limiting the generation of heat & energy consumption, temperature range of the system, and others are some of the key advancements achieved by the R&D sector that can be initiated to improve the design and efficiency of high viscosity mixers.
Market players are creating direct contacts with end users to sell their products without any margin loss. Also, some players have created integrated channels for their sales to streamline their supply chain.
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Competitive Landscape
Leading market players are constantly channelizing their resources to develop high viscosity mixers with unique designs that provide more efficiency. This will pave the way for higher sales of high viscosity mixers in several end-use industries.
A trend that has been observed is that manufacturers are paying keen attention to the production of mixers with high working efficiency, less shear, lesser amount of energy, and are cost-effective.
• In early 2020, Joshua Greaves & Sons Ltd was acknowledged for the production of high-quality mixing systems. Most of Greaves' clients are manufacturers of pharmaceuticals, gels, lotions, and others.
• Resodyn ResonantAcoustic® Mixers' is one of the most trusted manufacturers in the U.S. that produces highly efficient mixing systems. The company is striving hard to improve the quality of mixing systems by using technological advancements and reducing operating costs without hampering the quality of the product.
Key Companies Profiled
• CB Mills
• CS Unitec Inc
• FLUKO
• GEA Group
• Harco Enterprises Ltd
• Hockmeyer Equipment Corporation
• Joshua Greaves & Sons Ltd.
• Lee Industries
• LONGXIN (CHANGZHOU) SMART EQUIPMENTS CO LTD
• MixMor
• Netzsch
Segmentation of High Viscosity Mixer Industry Research
• By Mixer Type :
o Multi-Shaft Mixers
Dual Shaft
Triple Shaft
o Planetary Mixers
• By Material Viscosity (CPS) :
o Up to 10,000
o 10,000-30,000
o Above 30,000
• By Rotation Speed :
o Less than 1000 ft/min
o 1000-2500 ft/min
o 2500-4000 ft/min
o Above 4000 ft/min
• By End-use Vertical :
o Adhesives & Coatings
o Speciality Chemicals
o Food & Beverages
o Pharmaceuticals
o Cosmetics & Personal Care
o Discrete Manufacturing
o Others
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia &Oceania
o Middle East & Africa
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Questionnaire answered in the High Viscosity Mixer Market report include:
• How the market for High Viscosity Mixer has grown?
• What is the present and future outlook of the global High Viscosity Mixer on the basis of region?
• What are the challenges and opportunities for the High Viscosity Mixer?
• Why the consumption of High Viscosity Mixer highest in region?
• In which year segment is expected to overtake segment?
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