The global industrial mixer market is poised to expand at a CAGR of 7.8% during the forecast period (2022 to 2032). Industrial mixer sales are expected to increase from USD 2.4 Billion in 2022 to USD 5.1 Billion by 2032. Demand for industrial mixers increased to USD 2.255 Billion at the end of 2021 and is anticipated to exhibit Y-o-Y growth of 6.3% in 2022.
| Attributes | Details |
|---|---|
| Industrial Mixer Market Size Value in 2022 | USD 2.4 Billion |
| Industrial Mixer Market Forecast Value in 2032 | USD 5.1 Billion |
| Global Industrial Mixer Market Growth Rate (2022 to 2032) | 7.8% CAGR |
| Industrial Mixer Market Forecast Period | 2021 to 2031 |
| Market Share of India in South Asia | 28% |
Industrial mixers are used to mix materials from either the same state of materials or a different one. The main difference is size and speed with respect to normal mixers. Material mixing is aided by industrial high-shear mixers. As a result, they cut mixing and processing time in half when compared to typical agitators and mixers like propellers and turbines.
For several reasons, the industrial mixer is employed in a range of industries. These mixers feature a big tank or container that holds all of the material and blades that mix it. These mixers are utilized in large-scale manufacturing enterprises as they can process a high scale of materials.
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According to Future Market Insights (FMI), industrial mixer sales increased with the burgeoning need for high-performance mixing devices to improve production performance. Surging demand for energy-efficient devices, growing focus on flow maximization, and equipment adaptability are considered to be the key industrial mixer market trends.
Furthermore, as they are cost-effective and with rapid developments in design technology, the demand for industrial mixers is expected to surge. Also, with increased government backing for sophisticated technology, small and medium-sized firms are extensively using industrial mixers.
Subsequently, the advent of automation in industries to minimize mistake rates and offer consistent quality is likely to boost demand for programmable logic controller-based mixers over the forecast period. According to FMI, the overall industrial mixer sales are expected to expand by 2.1x between 2022 and 2032.
Industrial mixer manufacturers are expected to witness lucrative growth prospects on the back of rising applications in the food and beverage industry. This is due to the rising demand for packaged foods across the globe.
Rising preference for ready-to-eat food goods such as dairy and pastry products, especially in China and India will boost the industrial mixer market. Furthermore, with rapid urbanization, the demand for packaged food goods will propel the sales of industrial high-shear mixers.
In the chemical and pharmaceutical industries, these mixers are used to mix a variety of items such as hazardous chemicals, viscous fluids, and other materials. These mixers are being adopted at an alarming pace to minimize health issues and enhance production rates.
Hence, demand for vertical mixers and horizontal industrial mixers will accelerate industrial mixer sales over the forecast period. On account of this, the sales of vertical and horizontal industrial mixers will gain traction at a robust pace between 2022 and 2032.
China Industrial Mixer Market to Witness Robust Growth Amid Rising Application in Pharmaceutical Industry
According to FMI, China is expected to emerge as the most lucrative industrial mixer market over the forecast period. Industrial mixer sales in China are expected to increase amid growing applications in the chemical industry and pharmaceutical industries.
As China's chemical industry and pharmaceutical industries are considered to be the world's largest, the sales in China's industrial mixer market will surge at a rapid pace through 2022 & beyond.
Industrial Mixer Sales to Gain Tailwinds as Application in Food and Beverage Industry Rises
As per the study, demand for industrial mixer in the food and beverage industry is increasing steadily in the USA Industrial mixer sales are surging with growing applications in the meat processing business. Hence, with the growing consumption of meat-based food products in the USA, the industrial mixer market will witness steady growth in the USA
Industrial Mixer Manufacturers to Capitalize on Rising Demand for Eco-Friendly Mixers in Chemical Industry
Industrial mixer manufacturers are concentrating on new technology to make these mixers function quicker and use less energy. For the chemical industry and pharmaceutical industries, manufacturers are investing in making these mixers even more sanitary.
For an environmentally responsible product, several manufacturers are developing these mixers with recyclable metal. A slew of such product launches and development will create remunerative growth opportunities in Germany industrial mixer market.
Online Channel Segment to Account for Significant Share in Industrial Mixer Market
During the assessment period, the offline retail segment is expected to witness significant growth in the industrial mixer market. However, with ease in convenience and availability of a variety of products, industrial mixer sales are expected to surge through online channels as well.
Demand for Vacuum Industrial Mixers to Outpace the Vertical Industrial Mixer Sales
Based on product type, the industrial mixer market is sub-segmented into vertical mixer, horizontal mixer, jacketed mixer, vacuum mixer, continuous mixer, and others. According to FMI, vertical industrial mixer sales are expected to increase at a considerable pace.
However, demand for vacuum industrial mixers is projected to rise over the forecast period.
In terms of end-use, the industrial mixer market is segmented into the chemical industry, food & beverage industry, mechanical industry, pharmaceutical industry, water & wastewater industry, and others.
As per the study, maximum industrial mixer sales are expected to be contributed by the food and beverage industry during the forecast period.
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Top players in the industrial market are pursuing a variety of methods, including mergers and acquisitions to gain a competitive edge. Furthermore, numerous firms are working focusing on product launches and development to expand their capacity and strengthen their foothold in the industrial mixer market.
| Attributes | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; and MEA |
| Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, and UAE |
| Key Segments Covered | Type, Material to be mixed of industrial mixers, End Line Use, Distribution Channel and Region |
| Key Companies Profiled | SPX Flow; EKATO; Sulzer; Xylem; National Oilwell Varco; ALFA LAVAL; Dover; Shenyin; Philadelphia; Zhejiang Great Wall Mixers; Others |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The industrial mixer market is expected to rise at a CAGR of 7.8% between 2022 and 2032.
North America industrial mixer market is expected to register a 10.6% CAGR between 2022 and 2032.
Demand for industrial mixers in Europe is expected to grow at 6.7% CAGR between 2022 and 2032.
In terms of revenue, industrial mixer market grew at a CAGR of around 6.3% from 2017 to 2021
Xylem, Sulzer, ALFA LAVAL, SPX Flow, National Oilwell Varco are expected to be the top 5 players driving the industrial mixer market.
China, USA are the major countries driving demand for global industrial mixer market.
The USA industrial mixer market is projected to expand at a CAGR of around 10.9% over the next ten years.
| Estimated Industry Size (2024E) | USD 620.1 million |
|---|---|
| Projected Industry Value (2034F) | USD 1,314.2 million |
| Value-based CAGR (2024 to 2034) | 7.8% |
| Market Size - 2023 | USD 11.06 billion |
|---|---|
| Market Size - 2033 | USD 19.29 billion |
| Market CAGR (2023 to 2033) | 6.1% |
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