FMI Research Offers 10-Year Forecast on Industrial Agi | Page 4

Industrial Agitators Market Industrial Agitators Market Globally Expected to Drive Growth through 2027 The manufacturing industry is expanding rapidly due to increased industrial spending in developed as well as developing economies. Countries such as China, India and Brazil are some of the fastest growing economies which are constantly increasing their industrial spending, thereby driving the adoption of industrial machinery. This has led to increasing number of applications of industrial agitators. Further, these industrial agitators are also witnessing rapid technological changes including faster mixing and improved structure which is opening a plethora of applications in the industrial sector. The most common type of industrial agitator is top entry agitator which are used for numerous applications. Top entry industrial agitators can handle large-scale mixing applications, thus they find various usages in industrial processing, primarily in chemical industries. Industrial Agitators Market: Drivers and Restraints One of the important drivers for the growth of industrial agitators market is its rapid adoption in environmental engineering such as waste and wastewater treatment. Regulatory bodies such as Environmental Protection Agency promote the use of machines which help to reduce pollution and treat wastes, thereby preserving environmental balance. One of the most important end-user industry for industrial agitators is chemical industry where complex agitation is required for uniform mixing of fluids. These drivers help in the wider adoption of industrial agitators. ©2015 Future Market Insights, All Rights Reserved 4