Published Date : Oct 01, 2018
Albany, New York, Oct 01, 2018: The global industrial agitator market is forecast to exhibit steady growth between 2017 and 2025. Factors such as rapid industrialization and urbanization will augment growth in the global market. A report, titled “Industrial Agitator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” offers an in-depth account of the various factors supporting the market’s growth. Besides this it highlights key restraints witnessed by the market. The report also segments it based on various parameters. It is thus intended to help stakeholders gain a comprehensive market overview. It also includes recommendations to help the market players create winning strategies in the near future. The report is currently available for sale on MarketResearchReports.biz.
In the coming years, industrial agitator manufacturers are likely to witness increasing demand from India, China, and Brazil. The expansion of various industries in the region, besides growth witnessed in the manufacturing sector will aid the market’s expansion across these countries. Spurred by these tailwinds, the global industrial agitator market will showcase steady growth over the course of the report’s forecast period.
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Various types of industrial agitators are purveyed in the market. These include top entry, side entry, static, portable, and bottom entry industrial agitators. Of these, the demand for top entry industrial agitators will remain considerably high since they can be used for various purposes such as homogenization and mixing. Also top entry agitators have a long service life and they can be used on open and closed tanks alike. Top entry agitators are deployed from the top of a tank. This makes accessing serviceable parts easier, which prevents direct contact with sludge and effluent while servicing or installing an agitator. This offers obvious health and safety benefits. This as per the report is one of the chief drivers of the global industrial agitator market. In addition to this, the rising use of industrial agitators in petrochemical, gas, and chemical industries will give impetus to the global industrial agitator market.
Regionally, North America emerged dominant in the global market in 2016. The rising demand from the U.S. and Canada will enable the market gain momentum in North America. Factors such as the rising demand for nutraceuticals, spurred by the rising preference of consumers towards the consumption of organic foods, will boost the industrial agitator market in the coming years. In Europe, the market is expected to gain significantly from the rising demand from the pulp and paper industry. In addition to this, the market is likely to witness increase demand from Asia Pacific owing to the high prevalence of pollution, presence of acute water changes, rapid industrialization, urbanization, and recent regulatory changes.
Besides gauging growth prospects, the report profiles some of the leading players such as Sulzer (Switzerland), EKATO GROUP (Germany), Chemineer Inc. (The U.S.), Philadelphia Mixing Solutions (The U.S.), and SPX Flow Inc. (The U.S.).
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