The global industrial agitators market size is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% during the forecast period. Increasing demand for homogeneous mixing, growing need for energy efficient mixing equipment or industrial mixer in pharmaceutical, chemical and food & beverage industries, and growing adoption of customized industrial agitators are some of the major factors driving the industrial agitators market growth globally.

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Portable agitators accounted for the largest share of the industrial agitators market in 2022
Portable agitators can be used for a variety of industrial mixing applications, including mixing liquids, suspending solids, and blending different materials. This type of industrial mixer is widely used in industries such as food & beverage, where they are used in wine cellars in the production of wine and sparkling wine. As the mixing process in portable industrial mixer takes less time, and such industrial agitators are simple and quick to install and uninstall for tank fittings and threads, they are gaining popularity. Portable industrial agitators also provide high torque, offer a wide range of gear reduction, and can endure shock loads that are greater than their rating. All these factors are expected to surge the industrial agitators market for portable industrial agitators during the forecast period.

Top-mounted agitators to register highest CAGR in the industrial agitators market during forecast period.
Top-mounted industrial agitators are widely used in a variety of industries such as chemical, pharmaceutical and food & beverage for mixing and blending applications. They are often preferred due to their vertical design, which allows for efficient mixing and blending of materials, and their ability to handle high viscosity materials. Top-mounted industrial agitators can be customized to meet the specific needs of different industries and applications. For instance, in pharmaceutical industry, top-mounted agitators are used for mixing and blending of medications, such as creams, ointments, and suspensions. All these factors are expected to provide a significant surge for top-mounted agitators in the industrial agitators market.

The pharmaceutical industry to register highest CAGR as well as market size in the industrial agitators market during forecast period.
The pharmaceutical industry dominated the industrial agitators market with the highest market size in 2022 and is expected to grow at significant CAGR during the forecast period. Different industrial procedures are carried out in the pharmaceutical industry for tablet manufacturing and syrup production. These industrial procedures require industrial agitators and mixing equipment to improve their performance while reducing the manufacturing costs of medicines. These factors are fueling the growth of the pharmaceutical industry, positively influencing the industrial agitators market growth.

North America held for the largest share of the industrial agitators market in 2022
North America accounted for the largest share of the industrial agitators market in 2022. North America is home to many key agitator companies in the industrial agitators market, including SPX Flows, NOV Inc and Xylem Inc among others. This strong presence of these agitator companies drives innovation and competition, further driving the growth of the industrial agitators market in the region.

Key Market Players
The major agitator companies in the industrial agitators market include SPX Flow, Inc. (US), Xylem Inc. (US),Ekato Group (Germany), Sulzer Ltd. (Switzerland) and NOV Inc (US). These industrial agitator companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the industrial agitators market.