Industrial agitators have been in demand in this era of rapid industrialization. By 2024, the worldwide industrial agitators market is touted to touch the USD 3.46 billion mark. This spells good news for the industry, if the news report by Grand View Research, Inc is anything to go by. The industrial agitators market will likely experience high growth due to the rapid industrialization in countries, and burgeoning economies, like China, India and Brazil. With industrial activities on the rise, these nation-states’ demand for efficient and corrosion-resistant agitators will reach an all-time high.
Why Agitators?
Industrial agitators are commonly used in the chemical, food & beverage, as well as the waste water treatment industries. The increasing adoption of blending and mixing technology in process industries may enhance the market during the period leading to 2024.
Agitators help process the products in industries used for mixing liquids, increasing heat transfer as well as promoting reaction of chemical substances. One of the other factors that could drive growth is the burgeoning demand for advanced, customised and corrosion resistant agitators that have a specific to the end-user application. The waste water treatment and chemical industries have a high demand for agitation, thereby boosting the demand for industrial agitators.
The Important Findings
The top entry segment is expected to grow to a CAGR of over 6.5% till 2024. Industrial agitators are durable and provide homogenous and mixing needs in connection with requirements. The chemical and oil & gas industries’ use of these agitators has helped boost the industry growth
The North American industry will likely remain the largest market due to the widespread adoption of agitators in a number of industrial sectors. It should be noted that the regional market is highly saturated and may account for over 30% by 2024.
Why Agitators?
Industrial agitators are commonly used in the chemical, food & beverage, as well as the waste water treatment industries. The increasing adoption of blending and mixing technology in process industries may enhance the market during the period leading to 2024.
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| Industrial agetators |
Agitators help process the products in industries used for mixing liquids, increasing heat transfer as well as promoting reaction of chemical substances. One of the other factors that could drive growth is the burgeoning demand for advanced, customised and corrosion resistant agitators that have a specific to the end-user application. The waste water treatment and chemical industries have a high demand for agitation, thereby boosting the demand for industrial agitators.
The Important Findings
The top entry segment is expected to grow to a CAGR of over 6.5% till 2024. Industrial agitators are durable and provide homogenous and mixing needs in connection with requirements. The chemical and oil & gas industries’ use of these agitators has helped boost the industry growth
The North American industry will likely remain the largest market due to the widespread adoption of agitators in a number of industrial sectors. It should be noted that the regional market is highly saturated and may account for over 30% by 2024.
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