Industrial Mixers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.90 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Industrial Mixers Market Analysis
The industrial mixers market is expected to register a CAGR of 7.1% during the forecast period. Further, the rising demand for sanitary application mixers is expected to drive market growth during the forecast period.
- The rising industrial mixer sales, surging demand for high-performance mixing devices to improve production performance, and growing focus on flow maximization & equipment adaptability are some of the primary factors driving the overall market growth. In addition, the Xylem Flygt 4200 compact adaptive mixer series recently revolutionized the wastewater treatment industry by introducing complete control and adaptability into the mixing process.
- Further, from raw material procurement to packing finished products, enterprises such as pharmaceutical and F&B are required to maintain a high level of hygiene and sanitization. This, combined with stringent regulations imposed by regional and international governing bodies in the food and beverage and healthcare industries, prompts companies to adopt stringent sanitary practices in the manufacturing process. As a result, vendors are offering mixers with high sanitization levels. Thus, rising Demand for mixers for hygienic applications will drive the growth of the industrial mixers market during the forecast period.
- For instance, in June 2022, Sulzer's energy introduced the SSF150, the latest addition to the SALOMIX agitator family. SALOMIX performs admirably in all industrial segments. The new size will primarily be used in large pulp mills, with typical applications including storage towers, pulpers, and bleaching towers. The company's position as the most excellent full-line equipment supplier to the pulp, paper, and board industry is strengthened by SSF150. Such addition in industrial mixers product types will further drive the market's growth.
- Furthermore, the demand for industrial mixers decreased due to COVID-19, as manufacturing was halted in several nations due to government-imposed lockdown and social isolation. However, as businesses resume, the industrial mixer market is poised to gain traction in the coming years. Besides, the pandemic also resulted in increasing snitary standards. As mixers are vital in maintaining these standards, the market is poised to grow over the forecast period.
Industrial Mixers Market Trends
This section covers the major market trends shaping the Industrial Mixers Market according to our research experts:
Chemical and Food and Beverage Industry to Drive the Market Growth
- The chemical industry prefers industrial mixers handling many products, such as high-viscosity fluids, abrasives, toxic materials, and corrosives. A high level of precision in mixing is significantly essential in chemical processes because, in the chemical industry, various kinds of reactants are used, which can undergo significant transformation even with minor changes in temperature, mixing speed, or mixing time.
- Further, according to the American Chemistry Council, the total global revenue of the chemical industry in 2021 stood at USD 4.73 trillion. The chemical industry's revenue reached its highest level in 15 years. Such improvements in the chemical industry will further drive market growth.
- Mixers are used in the chemical and pharmaceutical industries to combine various materials, such as hazardous chemicals and viscous fluids. These mixers are being used to reduce health risks and increase production rates.
- For instance, in June 2022, AGITEC launched a new range of Agitators for IBC. The AG-IBC product line has been completely redesigned to meet the needs of users who want to mix liquids stored in 1000L cubic tanks known as IBCs. These machines can mix liquids with viscosities of up to 8000 centipoise.
- Furthermore, Europe is the dominant market for food blenders and industrial mixers due to its large food processing industry. According to FoodDrinkEurope, the European food and beverage industry employs 4.57 million people. The food and beverage enterprise had a turnover of around USD 1.3 trillion and a value-added of USD 263 million. Furthermore, the beverage demand is high in Europe. All of these factors contribute to the growth of the regional market.
Asia-Pacific to hold the Largest Market Share
- Asia-Pacific has been demonstrating a significant growth rate for industrial mixers market vendors. Factors such as rapidly growing economies accelerate industrial mixers market growth in the region.
- Industrial mixer sales in China are anticipated to rise amid growing applications in the chemical industry and pharmaceutical industries. According to American Chemistry Council, Asia accounts for most of the global chemicals market. Since 2012, it has consistently accounted for more than 50% of the global chemicals market. Moreover, in November 2021, Indian Oil Corporation (IOCL) announced plans to invest INR 3,681 crores (USD 495.22 million) to set up India's first mega-scale maleic anhydride unit manufacturing high-value specialty chemicals at its Panipat Refinery in Haryana.
- As China's chemical and pharmaceutical industries are considered the world's largest, the sales in China's industrial mixer demand will surge at a rapid pace through 2022 & beyond. Further, according to Echemi, the Chinese pharmaceutical market size of RMB 1,922 billion in 2021 is projected to rise to RMB 223.11 billion in 2022.
- In addition, in June 2021, India's Finance Minister, Nirmala Sitharaman, announced an additional outlay of INR 197,000 crores (USD 26,578.3 million) to be utilized over five years for the pharmaceutical PLI strategy in 13 key sectors, including active pharmaceutical ingredients, drug intermediaries and critical starting materials. Such government initiatives in the pharmaceutical industry will further drive market growth for industrial mixers.
- Moreover, in September 2021, Dorf Ketal Chemicals India Pvt. Ltd and TriBonds Chemical Co. formed a joint venture (JV) to produce water specialty chemicals for use in the Middle East refining and petrochemical industries. The joint venture will meet the energy and water management and processing requirements of refineries, petrochemicals, fuel additives, plastics, lubricants, oil field chemicals, catalysts, and adsorbents.
- Further, the government has established a 2034 vision for the chemicals and petrochemicals sector to investigate opportunities to increase domestic production, reduce imports, and attract investment. The government intends to implement a production-link incentive system with output incentives ranging from 10% to 20% for the agrochemical sector and develop an end-to-end manufacturing ecosystem through cluster growth.
Industrial Mixers Industry Overview
The industrial mixers market is highly competitive due to the presence of many small and large players. Companies are trying to innovate new multi-functional Mixers to remain competitive and attract customers in the market. Stakeholders are implementing an omnichannel marketing strategy to reach a wide range of customers worldwide. Diversification in terms of products and places will likely be able to help companies maintain their businesses in the future. Furthermore, numerous companies are focusing on product launches and development to increase their capacity and strengthen their position in the industrial mixer market.
- April 2022 - SPX FLOW Inc announced the full integration of the additions to its mixing solutions portfolio, creating a bigger, more technologically advanced offering for customers.
- November 2021 - Xylem Rental Solutions, a Xylem brand, has expanded its temporary equipment portfolio by adding the industry-leading Flygt 4220 compact adaptive mixer solution. The adaptive mixer rental package is the first and only mixing product available for rent that can assist in avoiding unplanned downtime and enabling continuous operation of critical plant processes despite the maintenance requirements of permanently installed mixing equipment. In addition, Xylem is the only manufacturer that installs, commissions, and services all rental equipment.
Industrial Mixers Market Leaders
Xylem Inc.
The Bühler Holding AG
Sulzer Ltd.
SPX FLOW Inc.
Landia Inc.
*Disclaimer: Major Players sorted in no particular order
Industrial Mixers Market News
- May 2022 - Charles Ross & Son Co.'s Batch High Shear Mixers furnished with Solids/Liquid Injection Manifold (SLIM) technology efficiently deliver powders for instant wet-out and complete dispersion into low-viscosity liquids. High-quality dispersions, suspensions, and emulsions are thus created in significantly less time.
- January 2022 - LINXIS Group, ingredient automation, pre-dough systems, mixing and depositing technology provider for the food and health industries, announced the acquisition of Shaffer, industrial mixers and process equipment, from Bundy Baking Solutions. Shaffer's horizontal mixer strengthens the Mixing Technologies division of LINXIS, which includes Diosna and VMI.
Industrial Mixers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porters Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing adoption of stringent sanitary practices in the manufacturing process
5.1.2 Rising demand for energy efficiency, flow maximization, rapid mixing, and other technological advancements
5.2 Market Challenges
5.2.1 Fluctuation in Raw Material Prices
6. MARKET SEGMENTATION
6.1 By Product Type
6.1.1 Agitators
6.1.2 Special Mixers
6.1.3 Submersible Mixers
6.1.4 High-shear Mixers
6.1.5 Static Mixers
6.1.6 Jet Mixers
6.2 By End User Vertical
6.2.1 Chemicals
6.2.2 Water And Wastewater
6.2.3 Food And Beverage
6.2.4 Petrochemicals
6.2.5 Pharmaceuticals
6.2.6 Pulp And Paper
6.2.7 Energy
6.2.8 Mining And Minerals
6.2.9 Others (Textile, Leather, Aquaculture, and Marine)
6.3 By Geography
6.3.1 North America
6.3.2 Latin America
6.3.3 Asia Pacific
6.3.4 Europe
6.3.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Xylem Inc.
7.1.2 The Buhler Holding AG
7.1.3 Sulzer Ltd.
7.1.4 SPX FLOW Inc.
7.1.5 Landia Inc.
7.1.6 Alfa Laval AB
7.1.7 Komax Systems Inc.
7.1.8 GEA Group AG
7.1.9 Charles Ross & Son Company
7.1.10 amixon GmbH
7.1.11 EKATO HOLDING GmbH
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Industrial Mixers Industry Segmentation
Industrial mixers are complex, detailed, and precise equipment used to mix and combine chemicals and substances in manufacturing, manufacturing, and industry. Industrial Mixers are the most dependable for high-quality finished goods in the manufacturing industry. They are designed to perform successfully to the requirements of the numerous chemicals that must be processed, using various blades, pressure, speed, tanks, and combinations.
The studied market is segmented by product type into agitators, special mixers, submersible mixers, high-shear mixers, static mixers, and jet mixers among various end-user verticals such as chemicals, food and beverage, water and wastewater, energy, petrochemicals, pharmaceuticals, pulp and paper, mining, and minerals in multiple geographies. The impact of COVID-19 on the market is also covered under the scope of the study. Further, the disruption of the factors impacting the market's growth in the near future has been covered in the study regarding drivers and restraints.
| By Product Type | |
| Agitators | |
| Special Mixers | |
| Submersible Mixers | |
| High-shear Mixers | |
| Static Mixers | |
| Jet Mixers |
| By End User Vertical | |
| Chemicals | |
| Water And Wastewater | |
| Food And Beverage | |
| Petrochemicals | |
| Pharmaceuticals | |
| Pulp And Paper | |
| Energy | |
| Mining And Minerals | |
| Others (Textile, Leather, Aquaculture, and Marine) |
| By Geography | |
| North America | |
| Latin America | |
| Asia Pacific | |
| Europe | |
| Middle East and Africa |
Industrial Mixers Market Research FAQs
What is the current Industrial Mixers Market size?
The Industrial Mixers Market is projected to register a CAGR of 4.90% during the forecast period (2024-2029)
Who are the key players in Industrial Mixers Market?
Xylem Inc., The Bühler Holding AG, Sulzer Ltd., SPX FLOW Inc. and Landia Inc. are the major companies operating in the Industrial Mixers Market.
Which is the fastest growing region in Industrial Mixers Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Industrial Mixers Market?
In 2024, the Asia-Pacific accounts for the largest market share in Industrial Mixers Market.
What years does this Industrial Mixers Market cover?
The report covers the Industrial Mixers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Mixers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Industrial Mixers Industry Report
Statistics for the 2024 Industrial Mixers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Mixers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
