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North America Industrial Agitator Market to 2027 - Regional Analysis and Forecasts by Type (Large Tank Agitators, Portable Agitators, and Drum Agitators); Mounting Type (Top-Mounted, Bottom-Mounted, and Side-Mounted); Mixing Type (Solid-Solid Mixture, Solid-Liquid Mixture, Liquid-Liquid Mixture, and Liquid-Gas Mixture); End-Use Industry (General Industry, Chemicals, Mining, Oil & Gas, Food & Beverage, and Cosmetics)

  • THE3312560
  • 150 Pages
  • October 2019
  • Construction & Manufacturing
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The North America industrial agitator market accounted for US$ 886.6 Mn in 2018 and is expected to grow at a CAGR of 6.4% over the forecast period 2019-2027, to account for US$ 1539.3 Mn in 2027. The increasing industrialization around the world, rising economic growth, and rising demand owing to the need for efficient agitation systems from industries are the major factors that are propelling the growth of the industrial agitator market. Moreover, the growing number of small and medium manufacturers to boost the future demand for portable/modular agitators, which in turn is expected to boost the industrial agitator market during the forecast period. Further, the utilization of application-specific custom agitators in food and cosmetics industries is anticipated to offer lucrative growth opportunities for the industrial agitator market. The wide variety of substances used in food and cosmetics industries demand very specifically mixing solutions that fulfill strict safety regulations, hygiene standards, and efficiency mandates. The increasing custom mixing applications in these industries are driving the demand for custom industrial agitators. Hygienic and uncontaminated mixing is a top priority for the food and cosmetics manufacturers. Since sanitation plays a crucial role in these industries, agitator manufacturers are increasingly focusing on offering such custom agitators to the end-users. For instance, there are companies such as Alfa Laval offering agitators in various configurations; these agitators are highly flexible and can also be tailor-made for specific applications through the combination of different drives, shaft lengths, seals, and propellers. Hence, the demand for application-specific custom agitators, especially for sanitary and efficient mixing, is anticipated to grow at an impressive rate during the forecast period of 2019 to 2027 and it will drive the North America market for industrial agitators.

The industrial agitator market is fragmented in nature due to the presence of several industries, and the competitive dynamics in the market is anticipated to change during the coming years. In addition to this, various initiatives are undertaken by governmental bodies to accelerate the industrial agitator market further. The governments of North American countries are developing various policies and outlining best practices to implement digital transformation and to promote innovation in various industry sectors. The oil & gas, petrochemicals, food, and beverages, as well as the pharmaceutical industry, are growing at a fast pace in this region. The US market is characterized by some of the renowned oil & gas companies, and the government is pushing for innovations in this industry to boost operational efficiency and productivity. Natural Gas is an abundant resource available in the country, and the natural gas extraction has witnessed higher growth in recent times owing to the depleting petroleum resources. The technological advancements in these industry verticals are also high as a result of the presence of large technological companies in the region coupled with increased investments from the government for the research and development activities in these industries. The oil & gas industry for the downstream processing of natural gas has been an important adopter of industrial agitators in the US, and it is anticipated to drive the future growth of the industrial agitator market in this region.

The industrial agitator market on the basis of mounting type is segmented into top-mounted, bottom-mounted, and side-mounted. During the forecast period of 2019 to 2027, the top-mounted segment is anticipated to be the largest contributor in the industrial agitator market. However, side-mounted is projected to be the fastest growing mounting type with the highest CAGR over the forecast period.

The overall industrial agitator market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the industrial agitator market. It also provides an overview and forecast for the industrial agitator market based on all the segmentation provided with respect to the North American region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the industrial agitator market. Some of the players present in industrial agitator market are Xylem Inc., SPX Flow, Inc., Sulzer Ltd, Philadelphia Mixing Solutions, Ltd., Dynamix Agitators Inc., Tacmina Corporation, Statiflo Group, Ekato Group, Silverson Machines, Inc., and Alfa Laval among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Industrial Agitator Market - By Type

1.3.2 North America Industrial Agitator Market - By Mounting Type

1.3.3 North America Industrial Agitator Market - By Mixing Type

1.3.4 North America Industrial Agitator Market - By End-Use Industry

1.3.5 North America Industrial Agitator Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Industrial Agitator Market Landscape

4.1 Market Overview

4.2 PEST Analysis - North America

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Industrial Agitator Market - Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Rising economic growth and increasing industrialization around the world

5.1.2 Rising demand owing to the need for efficient agitation systems from industries

5.2 Key Market Restraint

5.2.1 High cost involved in installation and maintenance

5.3 Key Market Opportunity

5.3.1 Growing number of small and medium manufacturers to boost the future demand of portable/modular agitators

5.4 Future Trends

5.4.1 Utilization of application specific custom agitators in food and cosmetics industries

5.5 Impact Analysis of Drivers and Restraints

6. Industrial Agitator Market - North America Market Analysis

6.1 Overview

6.2 North America Industrial Agitator Market Revenue and Forecast To 2027 (US$ Mn)

7. North America Industrial Agitator Market Analysis - By Type

7.1 Overview

7.2 North America Industrial Agitator Market Breakdown, By Type, 2018 & 2027

7.3 Large Tank Agitator

7.3.1 Overview

7.3.2 North America Large Tank Agitator Market Revenue and Forecast to 2027 (US$ Mn)

7.4 Portable Agitator

7.4.1 Overview

7.4.2 North America Portable Agitator Market Revenue and Forecast to 2027 (US$ Mn)

7.5 Drum Agitator

7.5.1 Overview

7.5.2 North America Drum Agitator Market Revenue and Forecast to 2027 (US$ Mn)

8. North America Industrial Agitator Market Analysis - By Mounting Type

8.1 Overview

8.2 North America Industrial Agitator Market Breakdown, By Mounting Type, 2018 & 2027

8.3 Top-Mounted

8.3.1 Overview

8.3.2 North America Top-Mounted Market Revenue and Forecast to 2027 (US$ Mn)

8.4 Bottom-Mounted

8.4.1 Overview

8.4.2 North America Bottom-Mounted Market Revenue and Forecast to 2027 (US$ Mn)

8.5 Side-Mounted

8.5.1 Overview

8.5.2 North America Side-Mounted Market Revenue and Forecast to 2027 (US$ Mn)

9. North America Industrial Agitators Market Analysis - By Mixing Type

9.1 Overview

9.2 North America Industrial Agitator Market Breakdown, By Mixing Type, 2018 & 2027

9.3 Solid-Solid Mixture

9.3.1 Overview

9.3.2 North America Solid-Solid Mixture Market Revenue and Forecast to 2027 (US$ Mn)

9.4 Solid-Liquid Mixture

9.4.1 Overview

9.4.2 North America Solid-Liquid Mixture Market Revenue and Forecast to 2027 (US$ Mn)

9.5 Liquid-Liquid Mixture

9.5.1 Overview

9.5.2 North America Liquid-Liquid Mixture Market Revenue and Forecast to 2027 (US$ Mn)

9.6 Liquid-Gas Mixture

9.6.1 Overview

9.6.2 North America Liquid-Gas Mixture Market Revenue and Forecast to 2027 (US$ Mn)

10. North America Industrial Agitator Market Revenue and Forecast To 2027- End-Use Industry

10.1 Overview

10.2 North America Industrial Agitator Market Breakdown, By End-Use Industry, 2018 & 2027

10.3 General Industry

10.3.1 Overview

10.3.2 North America General Industry Market Forecast and Analysis

10.4 Chemicals

10.4.1 Overview

10.4.2 North America Chemicals Market Forecast and Analysis

10.5 Mining

10.5.1 Overview

10.5.2 North America Mining Market Forecast and Analysis

10.6 Oil & Gas

10.6.1 Overview

10.6.2 North America Oil & Gas Market Forecast and Analysis

10.7 Food and Beverages

10.7.1 Overview

10.7.2 North America Food and Beverages Market Forecast and Analysis

10.8 Cosmetics

10.8.1 Overview

10.8.2 North America Cosmetics Market Forecast and Analysis

11. North America Industrial Agitator Market - Country Analysis

11.1 Overview

11.1.1 North America Industrial Agitator Market Breakdown, By Key Country

11.1.1.1 US Industrial Agitator Market Revenue and Forecast to 2027 (US$ Mn)

11.1.1.1.1 US Industrial Agitator Market Breakdown, By Type

11.1.1.1.2 US Industrial Agitator Market Breakdown, By Mounting Type

11.1.1.1.3 US Industrial Agitator Market Breakdown, By Mixing Type

11.1.1.1.4 US Industrial Agitator Market Breakdown, By End-Use Industry

11.1.1.2 Canada Industrial Agitator Market Revenue and Forecast to 2027 (US$ Mn)

11.1.1.2.1 Canada Industrial Agitator Market Breakdown, By Type

11.1.1.2.2 Canada Industrial Agitator Market Breakdown, By Mounting Type

11.1.1.2.3 Canada Industrial Agitator Market Breakdown, By Mixing Type

11.1.1.2.4 Canada Industrial Agitator Market Breakdown, By End-Use Industry

11.1.1.3 Mexico Industrial Agitator Market Revenue and Forecast to 2027 (US$ Mn)

11.1.1.3.1 Mexico Industrial Agitator Market Breakdown, By Type

11.1.1.3.2 Mexico Industrial Agitator Market Breakdown, By Mounting Type

11.1.1.3.3 Mexico Industrial Agitator Market Breakdown, By Mixing Type

11.1.1.3.4 Mexico Industrial Agitator Market Breakdown, By End-Use Industry

12. Industry Landscape

12.1 Market Initiative

12.2 New Development

13. Industrial Agitator Market - Company Profiles

13.1 Alfa Laval

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Dynamix Agitators Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 EKATO Group

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Philadelphia Mixing Solutions, Ltd.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Silverson Machines

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 SPX FLOW, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Statiflo Group

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Suzler Ltd.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Tacmina Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Xylem Inc.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES

Table 1. Real GDP Growth- Annual Percent Change (%)

Table 2. North America Aerospace Forging market Revenue and Forecast to 2027 (US$ Mn)

Table 3. North America Industrial Agitator Market Revenue and Forecast to 2027 - By Type (US$ Mn)

Table 4. North America Industrial Agitator Market Revenue and Forecast to 2027 - By Mounting Type (US$ Mn)

Table 5. North America Industrial Agitator Market Revenue and Forecast to 2027 - By Mixing Type (US$ Mn)

Table 6. North America Industrial Agitator Market Revenue and Forecast to 2027 - By End-Use Industry (US$ Mn)

Table 7. US Industrial Agitator Market Revenue and Forecast to 2027 - By Type (US$ Mn)

Table 8. US Industrial Agitator Market Revenue and Forecast to 2027 - By Mounting Type (US$ Mn)

Table 9. US Industrial Agitator Market Revenue and Forecast to 2027 - By Mixing Type (US$ Mn)

Table 10. US Industrial Agitator Market Revenue and Forecast to 2027 - By End-Use Industry (US$ Mn)

Table 11. Canada Industrial Agitator Market Revenue and Forecast to 2027 - By Type (US$ Mn)

Table 12. Canada Industrial Agitator Market Revenue and Forecast to 2027 - By Mounting Type (US$ Mn)

Table 13. Canada Industrial Agitator Market Revenue and Forecast to 2027 - By Mixing Type (US$ Mn)

Table 14. Canada Industrial Agitator Market Revenue and Forecast to 2027 - By End-Use Industry (US$ Mn)

Table 15. Mexico Industrial Agitator Market Revenue and Forecast to 2027 - By Type (US$ Mn)

Table 16. Mexico Industrial Agitator Market Revenue and Forecast to 2027 - By Mounting Type (US$ Mn)

Table 17. Mexico Industrial Agitator Market Revenue and Forecast to 2027 - By Mixing Type (US$ Mn)

Table 18. Mexico Industrial Agitator Market Revenue and Forecast to 2027 - By End-Use Industry (US$ Mn)

Table 19. Glossary of Terms, Industrial Agitator Market

 
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