Industrial mixer: Key market research findings
- Introduction of hybrid Launch industrial mixers
- Growing preference for VFD-enabled mixers
- Major market players are Ekato, Philadelphia mixing solutions, SPX flow, Sulzer, and Xylem
Technavio has released a new report on the global industrial mixer market, which is anticipated to grow at a CAGR of around 5% between 2016 and 2020. Industrial mixers constitute an important component of process industries like chemicals, food and beverages, and wastewater treatment. These industries contribute collectively around 74% of the total market revenues in the industrial mixer market. The latest development in this market is the launch of hybrid industrial mixers, which are an integration of pump and powder technologies. These mixers are more versatile than the conventional ones, generates high productivity, and provide significant energy savings. The Americas accounted for around 43% of the total market share during 2015 due to the presence of a large process industry sector. Much of the the market’s region in this region comes from sectors like chemicals manufacturing, the pharmaceuticals industry, and food processing and wastewater treatment industry.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The operational load and speed of industrial mixers are fixed, which minimizes their efficiency and also results in material loss when the mixer is subjected to variable loads and speeds. Moreover, it also leads to the increased maintenance and replacement expenses of industrial mixing equipment. Such challenges have prompted vendors to integrate variable frequency drive (VFD) in mixers, which allows the mixer to meet the unpredictable load and frequency changes. It also controls the thrust to achieve the variation in loads, offers high energy efficiency, and also prevents shaft failure,” says Anju Ajaykumar, Lead Analyst, Heavy Industry, Technavio Research
During 2015, the chemical industry segment dominated the market and accounted for around 40% of the overall market share. Chemicals have a significant influence on employment, trade, and global economic growth and there is barely any industry where chemicals are not used. The demand for chemicals from various industrial sectors will continue in the coming years, which in turn, will fuel the demand for industrial mixing machines from this market segment.
The key players in the global industrial mixer market are Ekato, Philadelphia mixing solutions, SPX flow, Sulzer, and Xylem. The market is characterized by the presence of many international players who offer a wide range of products and serve to meet the demand of major end-users. The regional and local vendors also contribute to a considerable share of the industry and as a result, the market appears fragmented. Vendors usually compete on the basis of sustainability and reliability of products, ease of operations, and cost-effectiveness. The key industrial mixer manufacturers dominate certain key geographies and the market presence of the key vendors usually varies from region to region.
A more detailed analysis is available in the Technavio report, Global Industrial Mixer Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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