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Industrial Agitators Market with COVID-19 Impact Analysis by Mounting (Top-mounted, Side-mounted, Bottom-Mounted), Model (Portable Agitators, Drum Agitators), Component (Impellers, Sealing Systems), Form, Industry, and Region - Global Forecast to 2025<br>
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MarketsandMarkets Presents Global Industrial Agitators Market Trends Industrial Agitators Market with COVID-19 Impact Analysis by Mounting (Top-mounted, Side-mounted, Bottom-Mounted), Model (Portable Agitators, Drum Agitators), Component (Impellers, Sealing Systems), Form, Industry, and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/industrial-agitators-market-59649096.html
The global industrial agitator market size is projected to grow from USD 2.2 billion in 2020 to USD 2.7 billion by 2025; it is expected to grow at a CAGR of 4.1% from 2020 to 2025. The growing demand for customized agitators and the increasing need for energy efficiency, flow maximization, rapid mixing, and other advancements are the major drivers for the industrial agitators market. The rising demand for high-performance mixing devices, and growing manufacturing sector and process industries are also driving the market. On the other hand, the high maintenance cost of industrial agitators is a major restraining factor for this market. Browse 280 market data Tables and 31 Figures spread through 224 Pages and in-depth TOC on "Industrial Agitators Market with COVID-19 Impact Analysis by Mounting (Top-mounted, Side-mounted, Bottom-Mounted), Model (Portable Agitators, Drum Agitators), Component (Impellers, Sealing Systems), Form, Industry, and Region - Global Forecast to 2025 "
The portable agitator segment is projected to account for the largest size of the market during the forecast period. Portable agitators provide high torque and a wide range of gear reduction and can handle shock loads that are greater than around 500% of their rating. The high growth of the healthcare segment across China and India is expected to drive the market’s growth further. Dynamix Agitators offer a range of portable agitators to handle shock loads, thereby attracting industries to use such agitators for mixing needs. Milton Roy (US), a manufacturer of controlled-volume metering pumps and equipment, provides the HELISEM Series of portable agitators. The series offers four distinct models. The VDA model is a motor-driven mixer available with a variety of marine impellers and mounting options. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59649096 The impeller segment of the industrial agitator market is projected to grow at the highest CAGR from 2020 to 2025. As part of a mixer, impellers help solve the specific problems associated with the mixing process, making the mixing system more efficient. For each application, there is a unique impeller that lets the mixer work in balance and provides quality mixing. All impellers perform at a different level of efficiency despite being similar in design. The right impeller solves the issues related to uniformity, area of influence, shear, and solid suspension. For example, R blade propellers are used for mixing, pumping, heat transfer, and high-viscosity propulsion.
The top-mounted agitator segment is projected to account for the largest market share during the forecast period. These agitators are gaining significance as they are required for multiproduct mixing where impellers are changed to match processing requirements, or when one-piece continuous shafts cannot be installed. Top-mounted agitators have the largest number of applications in the mixing process. Sulzer’s (Switzerland) Scaba top-mounted vertical agitators are used for mixing and agitating process liquids in many industries, including wastewater and industrial applications. They ensure homogenous mixing results, high process reliability, high efficiency, low operating costs, and low environmental stress. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=59649096 APAC industrial agitators market to witness disruptions amidst COVID-19 lockdowns Countries across North America, especially, the US are battling with the increasing number of COVID-19 cases. At the same time, the country is witnessing gradual re-opening of businesses. However, the demand for agitators has reduced in the US. Also, supply chains have been disrupted across the APAC region. As a result, many industries such as chemicals, paints & coatings, and cosmetics are expected to witness a cut in production output, thereby resulting in a decline in demand for agitators.
Covid-19 Impact on the Industrial Agitator Market With the COVID-19 impact being felt across end-user industries of industrial agitators, the demand for agitators is set to decline. The oil industry, a major user of industrial agitators, will be impacted mainly during 2020. A sharp drop in crude oil prices has hit the producers of oil and natural gas. As a result, they are expected to reduce their CAPEX on exploration and production activities. This, in turn, will adversely impact the demand for industrial agitators. The majority of the end-user industries have been adversely impacted by COVID-19, resulting in slow production due to the low demand sentiments among the end customers. For instance, automobile sales are expected to decline by 12%–20% in major markets such as China, the US, and Europe. Supply chain disruptions, a decrease in disposable income, and an increase in the unemployment rate are leading to slow automobile demand worldwide. This will slow down the automobile production, which will adversely impact the demand for paints and coatings in the automobile industry. Key Market Players Key players in the Industrial Agitator market include Ekato Group (Germany), SPX Flow, Inc. (US), Sulzer ltd. (Switzerland), Xylem Inc. (US), Philadelphia mixing Solutions, Ltd (US), Alfa Laval Inc. (Sweden), Chemineer (US) and others.
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