Market Size of Industrial Mixers Industry
| 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 |
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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.
