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Industrial Agitators Market Expected to Expand at a Steady CAGR through 2027

01-23-2018 07:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Industrial Agitators Market Expected to Expand at a Steady CAGR

The manufacturing industry is expanding rapidly due to increased industrial spending in developed as well as developing economies. Countries such as China, India and Brazil are some of the fastest growing economies which are constantly increasing their industrial spending, thereby driving the adoption of industrial machinery. This has led to increasing number of applications of industrial agitators. Further, these industrial agitators are also witnessing rapid technological changes including faster mixing and improved structure which is opening a plethora of applications in the industrial sector.

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The most common type of industrial agitator is top entry agitator which are used for numerous applications. Top entry industrial agitators can handle large-scale mixing applications, thus they find various usages in industrial processing, primarily in chemical industries.

Industrial Agitators Market: Drivers and Restraints

One of the important drivers for the growth of industrial agitators market is its rapid adoption in environmental engineering such as waste and wastewater treatment. Regulatory bodies such as Environmental Protection Agency promote the use of machines which help to reduce pollution and treat wastes, thereby preserving environmental balance. One of the most important end-user industry for industrial agitators is chemical industry where complex agitation is required for uniform mixing of fluids. These drivers help in the wider adoption of industrial agitators.

However, one of the major challenges prevailing in industrial agitators market is high installation and maintenance cost. Industrial agitators require frequent servicing which increases the maintenance cost.

Global Industrial Agitators Market: Market Segmentation

Global Industrial Agitators Market can be divided into three segments, based on type, end-users and components.

Segmentation on basis of type in Industrial Agitators market:

The segments in Industrial Agitators market by type include:

Top entry

Side entry

Bottom entry

Segmentation on basis of end-users for Industrial Agitators Market:

The major segments of Industrial Agitators market on basis of end-users include:

Chemicals

Pharmaceutical

Food and Beverages

Paper and Pulp

Waste and Wastewater Treatment

Oil, Gas And Petrochemical

Others

Segmentation on basis of components in Industrial Agitators market:

The segments in Industrial Agitators market by components include:

Anchor

Turbine

Propeller

Paddle

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Global Industrial Agitators Competitive Landscape

Some of the prominent players in the Industrial Agitators market include Dynamix Agitators Inc., EKATO Group, Mixing Solutions Ltd. (Wind River Holdings), Mixer Direct Inc., Philadelphia Chemineer Inc., Silverson Machines Inc., SPX Corporation, Sulzer Ltd, Tacmina Corporation and Xylem Inc., among others.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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