PUNE, India, January 20, 2017 /PRNewswire/ --
According to the new market research report "Industrial
Agitators Market by Mounting (Top Mounted, Side
Mounted, Bottom Mounted), Model (Large Tank Agitators, Drum
Agitators, Portable Agitators), Form (Solid-Solid, Solid-Liquid,
Liquid-Liquid, Liquid-Gas), Component (Heads, Sealing Systems,
Impellers), Industry and Geography - Global Forecast to
2022", published by MarketsandMarkets, the market is
expected to grow from USD 2.56
Billion in 2016 to reach USD 3.86
Billion by 2022, at a CAGR of 7.07% between 2016 and
2022.
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Browse 78 market data Tables and 52 Figures spread through
153 Pages and in-depth TOC on "Industrial
Agitators Market"
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The growth of this market can be accredited to the capability to
offer customized industrial agitators that are user specific and
technologically evolved. This helps to improve the manufacturing
processes.
Market for top-mounted agitators likely to grow at the
highest rate during the forecast period
Top-mounted industrial agitators are expected to lead the
overall market during the forecast period as they are usually used
across all the industries since top-mounted agitators offer
considerable advantages such as ease of operation, high level of
efficiency, and option of customization. The major
applications of top-mounted agitators are digester mixing, biogas,
agriculture, and so on.
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Chemical industry held the largest share of the industrial
agitators market in 2015
The industrial agitators market based on industry is led by the
chemicals. A number of chemical manufacturers already have
industrial agitators installed, and the industrial and
technological enlargement has resulted into increasing demand for
application-specific customized industrial agitators. This is one
of the major factors driving the growth of the industrial agitators
market for the chemical industry.
North America held the
largest size of the industrial agitators market in
2015
North America held the largest
size of the industrial agitators market in 2015, followed by APAC
and Europe. The U.S. accounted for
the largest share of the industrial agitators market in
North America, followed by
Canada and Mexico. The leading position of the market in
this region can be attributed to the high demand for industrial
agitators due to the presence of a large number of manufacturing
companies across various industries.
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The major players operating in this market include Xylem, Inc.
(U.S.), SPX Flow, Inc. (U.S.), Sulzer Ltd. (Switzerland), Philadelphia Mixing Solutions
Ltd. (U.S.), Dynamix Agitators Inc. (Canada), Mixer Direct, Inc. (U.S.), Tacmina
Corporation (Japan), Statiflo
International Ltd. (U.K.), Ekato Holdings GmbH (Germany), and Silverson Machines Inc. (U.K.),
among others.
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