According to a new market report published by Transparency Market Research titled ‘Industrial Agitator Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027, the global industrial agitator market is expected to reach US$ 2,324.9 Mn by 2027, expanding at a CAGR of 4.1% from 2019 to 2027. In terms of volume, the global industrial agitator market is expected to reach 424.8 ‘000 units by 2027, expanding at a CAGR of 3.9% during the forecast period. Based on region, the global market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.
North America is the second-largest market for industrial agitator in the world. Various end-use industries, ranging from oil, gas and petrochemical to water and wastewater treatment, utilize industrial agitators for mixing purposes. In North America, the U.S. is a prominent market for industrial agitator, followed by Canada. The U.S. is a major producers of natural gas, including shale gas, in the world. As per the U.S. Energy Information Administration (EIA), in December 2018, the U.S. produced about 65 billion cubic feet per day (Bcf/d) of natural gas (shale gas and tight oil), which is about 70.0% of total U.S. natural gas production.
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Furthermore, in December 2018, the country produced about seven million barrels per day (b/d) of crude oil, which is 60.0% of the total U.S. oil production. Compared to production a decade ago, in December 2008, natural gas (shale gas and tight oil) accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production. Thus, a rise in the demand for shale gas across the U.S. is boosting the demand for industrial agitators across North America.
Europe is the third-largest market for industrial agitator in the world. Among the various end-use industries that use industrial agitators across Europe, food & beverage is a prominent end-user. The food & beverage industry is a prominent manufacturing industry in Europe, in terms of gross value added to the economy and number of people employed. Germany, the U.K., and France are major markets for industrial agitator in Europe. In terms of value addition by the food & beverage sector, Germany is a notable market in Europe. Therefore, a rise in the demand for food & beverage products is driving the production of food & beverage, which is subsequently propelling the demand for industrial agitators in Germany.
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Asia Pacific is a significant market for industrial agitator in the world. In Asia Pacific, China is a major market for industrial agitator, followed by Japan and India. As per the CEFIC (European Chemical Industry Council), China increased its share of global chemical sales from 14.8% in 2007 to 37.2% in 2017. Both South Korea and India increased their share of global chemical sales from 3.3% and 2.1% in 2007, respectively, to 3.5% and 2.9% in 2017, respectively. On the other hand, the share held by Japan of the global chemical sales declined from 6.8% in 2007 to 4.4% in 2017. Therefore, a rise in the demand for chemicals across the countries in Asia Pacific is propelling the demand for industrial agitators in the region.
Middle East & Africa (MEA) is a relatively minor market for industrial agitator in the world. GCC (Gulf Cooperation Council) countries, which include the United Arab Emirates (UAE), Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain, is a prominent market for industrial agitator in the region. South Africa is the second-largest market in MEA.
South America is the fourth-largest market for industrial agitator in the world. Brazil is a prominent market for industrial agitator in South America. Expansion of oil & gas industry in Brazil is driving the demand for industrial agitators in Brazil.
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The Industrial Agitators Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the industrial agitators market include Silverson Machines, Inoxpa, SUMA Ruhrtechnik GmbH, Sulzer Ltd., Philadelphia Mixing Solutions, Ltd., Chemineer Inc., Xylem, Tacmina Corporation, Dynamix Agitators Inc., Mixel Agitators, Ekato Group, SPX Flow, EKATO, National Oilwell Varco, ALFA LAVAL, Dover, Shenyin.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Industrial Agitators Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/industrial-agitator-market/download-sampleMarket DynamicsExpanding production capacities of end-use industries is driving the demand for industrial agitators.
Rising applications of automated machines in the food & beverage sector are opening numerous opportunities for industrial agitators.
Automated kneading improves operation to traditional correlations and increasingly effective methods both for experiments and for simulation and modeling of complex processes in the food industry.
Global Industrial Agitator Market 2018–2023:Industrial Agitator market size will grow from in 2017 to by 2023, at an estimated CAGR of .
The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.By Market Players: EKATO GROUP, SPX Flow Inc. , Sulzer Ltd , Philadelphia Mixing Solutions, Ltd., Chemineer Inc. , Xylem, Inc. , Tacmina Corporation , Mixel Agitators , Dynamix Agitators Inc. , Silverson Machines, Inc.Get Sample Copy of Global Industrial Agitator Market @ http://orbisresearch.com/contacts/request-sample/2200796Industrial agitators find application in different industries and this has resulted in generating a continued demand for them.
Industrial agitators are also used in water and wastewater treatment industries as they help in purging pollutants such as sulfur in water.By Type Top Entry, Side Entry, Bottom Entry, Portable, Static By Application Chemical, Water and wastewater treatment, Oil, gas and petrochemical, Food and beverage, Pharmaceutical, Others (Mining, Pulp and paper & Cosmetics)The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing.
Points Covered in The Report: The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
The global industrial air filtration market size is estimated to touch USD 18.0 billion by the end of 2027 and is projected to register a CAGR of 7.3% during the forecast period 2020 to 2027, according to a new report by Million Insights.
Additionally, technological development in new filter media is projected to bode well with the market growth.
This is expected to bolster the need for air filtration systems in power industries.
Furthermore, stiff government regulations with a focus on reducing airborne pollutants are projected to foster the demand for air filtration systems.
In addition, various air quality standards such as the Clean Air Act, the Occupational Safety & Health Act (OSHA) are expected to positively impact market growth.
The prominent companies are emphasizing on adopting green manufacturing as a sustainable alternative.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the slurry agitator market include KSB Aktiengesellschaft, Conor Engineering, Metso Oyj, Libra Fluid Equipment Co., Ltd, Grundfos Holding AG, Weir Group, ITT INC., The Flowserve Corporation, Tsurumi Manufacturing CO., LTD., LEO Group, Kirloskar Ebara Pumps Limited, Shijiazhuang Industrial Pump Co. Ltd., Xylem Inc.,.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Slurry Agitator Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/slurry-agitator-market/download-sampleMarket DynamicsThe global slurry agitator market is estimated to proliferate at a rapid pace during the forecast period.
The increasing need for an efficient system, flow maximization, and fast mixing drive the demand for slurry agitators.
Slurry agitators are broadly used for multiple operations and play a crucial role in the chemical, pharmaceutical, food, grease, paint, adhesive, water, and cosmetic industries.
However, High maintenance costs and stringent government safety norms and product compliance standards may hinder the market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
