Global Process Agitators Market 2016-2020
Agitators are the most common industrial mixers available in the market. An agitator mixer or mechanical agitation has a propeller (also known as impeller paddle or agitator), which is attached to a motor. The propeller kept at the end of a shaft turns rapidly, mixing the ingredients. These agitators are manufactured based on the regulations passed by several regulatory bodies. For instance, agitators used in Europe needs to pass two regulations set by the Atmosphères Explosibles (ATEX): Directive 99/92/EC and Directive 2014/34/EU. These derivatives define the working condition of the equipment and the environment in an explosive atmosphere.
Technavio’s analysts forecast the global process agitators market to grow at a CAGR of 5.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global process agitators market for 2016-2020. To calculate the market size, the report considered revenue generated from the sale of industrial agitators to process industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Process Agitators Market 2016-2020
Technavio recognizes the following companies as the key players in the global process agitators market: EKATO, Philadelphia Mixing Solutions, SPX Flow, Sulzer, and Xylem.
Other Prominent Vendors in the market are: Dynamix Agitators, Fluidmix, Hayward Gordon, INOXPA, JBW Systems, Mixer Systems, Mixer Direct, National Oilwell Varco, Silverson, and Statiflo International.
Commenting on the report, an analyst from Technavio’s team said: “Availability of multi-agitator mixers will be a key trend for market growth. Multi-agitator mixers are used for reaction processes that require strong mixing, rapid dissolution, emulsification, and heating or cooling of viscous liquids. The need to produce high-quality products in less cycle time has led to the demand for a single equipment that can perform multiple tasks. This resulted in the development of multi-agitator mixers, where multiple mixing steps are integrated into a multi-step cycle within a single vessel.”
According to the report, one of the key drivers for market growth will be high demand for top-entry agitators. With the high demand for top-entry agitators in the market from 2011 to 2015, the market found large international vendors entering the segment with new product launches. In 2012, Xylem, a leading water treatment company, entered the top-entry agitator segment of the market with Flygt 4850, Flygt 4860, and Flygt 4870 for water and wastewater treatment applications.
Further, the report states that price variance across agitator product line will be a challenge for the market. Large international companies across the chemical, water and wastewater treatment, oil, gas and petrochemical, F&B, and pharmaceutical industries are using agitators in their plants in large volume. However, SMEs' lack of capital has hindered the adoption of efficient agitators in their plants. In 2015, there were more than two trillion SMEs globally and the adoption of inefficient agitators in their plants was high. Though the price of agitators has come down significantly due to economies of scale and high competition among the vendors, the price variance of the agitators remains substantially high. SMEs find it difficult to deploy top-entry agitators in their plants.
EKATO, Philadelphia Mixing Solutions, SPX Flow, Sulzer, Xylem,Dynamix Agitators, Fluidmix, Hayward Gordon, INOXPA, JBW Systems, Mixer Systems, Mixer Direct, National Oilwell Varco, Silverson, Statiflo International.