The industrial agitators market was valued at USD 2.56 billion in 2016 and is estimated to reach USD 3.86 billion by 2022, at a CAGR of 7.07% during the forecast period. With growing demand for mixing substances of varied densities with low power consumption, steadily growing manufacturing sector and process industries, and rise in demand for projects and customized agitators are driving the growth of the market for industrial agitators.

The industrial agitators are gaining traction in the market due to the increasing complexities of processing substances which in-turn is driving the demand for customized agitators. Variable power agitators are witnessing increase in the demand for the mixing applications. Many key market players are actively designing and manufacturing industrial agitators that are focused on catering the specific needs of the in-use application.

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Industrial agitators are used to mix several materials in the chemical, pharmaceutical, mineral, and cosmetic industries, among many others. The process of mixing involves use of powerful mechanical components that are high on performance but low on internal power consumption. The agitators are used to mix solids with liquids, liquids with gases, and liquids with liquids across a wide range of verticals. They are not only used to maintain the homogeneity of the liquids during the bulk storage but also increase the rate of heat transfer during heating or cooling process. An agitator consists of a set of components such as heads and sealing systems, among others.

The global industrial agitators market has been segmented on the basis of mounting, model, mixing method, component, industry, and geography. The industrial agitators market is expected to be led by pharmaceutical industry during the forecast period. The growth of this market is being propelled by the high demand for industrial agitators for improving the operations, optimizing resource utilization, and increasing the profitability in the medicine manufacturing firms.

North America held the largest size of the industrial agitators market in 2016. The leading position of North America can be attributed to the high demand for industrial agitators in this region due to the presence of a large number of manufacturing companies in various industries such as chemical, food & beverage, pharmaceuticals and so on. The growth of industrial agitators across chemical industry is a result of availability of natural gas produced from shale gases. These gases require mixing to form the desired product thereby enabling the use of agitators as the single mode of mixing. Higher production of industrial agitators due to the technological developments and product specification has made an impact on the demand for industrial agitators in the pharmaceutical industry. This is one of the major factors driving the growth of the industrial agitators market in North America region.

The chemical industry dominated the industrial agitators market in terms of market size. The major factors accelerating the growth of this industry are organic chemicals like methanol, acetic acid, formaldehyde, pyridines and so on, and inorganic chemicals like sulphuric acid, nitric acid, and alkalies among others in chemical industry has led to the growth of chemical industry as there is availability of plenty raw materials. The need for high crop production in an existing land has also led to the production of pesticides which is included in the chemical segment. The chemical industry also includes oil & petroleum and water & waste water treatment segments.

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The key restraining factors for the growth of the industrial agitators market are lack of uniform standards in the industrial agitators market, and high cost of installation and maintenance. This report describes the drivers, restraints, opportunities, and challenges pertaining to the industrial agitators market. In addition, it analyzes the current scenario and forecasts the market till 2022, including the market segmentation based on mounting, model, mixing method, component, industry, and geography. Some of the major companies operating in the industrial agitators market are Dynamix Agitators Inc. (Canada), Xylem, Inc. (U.S.), Mixer Direct, Inc. (U.S.), Sulzer Ltd. (Switzerland), and Ekato Holdings GmbH (Germany) among others.

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