Magnetic Agitators Market: Overview
Agitators are machines or mechanisms that are used in various industrial processes for mixing or stirring. Agitator is an essential equipment in a reactor for liquid process. It mixes the ingredients of the manufacturing process together. Magnetic agitator is a type of agitator that can be mounted at the bottom of the reactor or inserted into the tank from the top. Magnetic agitators are suitable for processes with high temperature and pressure to prevent product contamination and hazardous vapor emissions. These agitators do not penetrate the reactor vessel as in the case of conventional agitator. This improves the overall seal of the reactor in aseptic applications. These agitators are easy to maintain vis-à-vis the conventional agitators. Magnetic agitators are used in various end-use industries such as chemical, pharmaceutical, and biotechnological.
Magnetic Agitators Market: Trends & Demands
Rise in demand for medicines due to unhealthy lifestyle in developed economies and extensive usage of these agitators in biotechnological industries are factors augmenting the magnetic agitators market. This is prompting companies to increase production of these equipment. Additionally, easy availability of raw materials is anticipated to boost the demand for magnetic agitators in the near future.
The global magnetic agitators market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture these equipment. Development of new manufacturing processes of magnetic agitators and applications is estimated to propel the magnetic agitators market. However, volatility in prices of raw materials is projected to hamper the magnetic agitators market.
Magnetic Agitators Market: Key Segmentations
In terms of type, the global magnetic agitators market can be divided into bottom-mounted magnetic agitator and top-mounted magnetic agitator. The bottom-mounted magnetic agitator segment is anticipated to expand at a fast pace due to the increase in demand for these equipment in the chemical industry.
Based on end-use, the global magnetic agitators market can be segregated into chemical, pharmaceutical, food & beverages, biotechnological, and others. The chemical segment dominates the magnetic agitators market in emerging economies such as India and China owing to the extensive use of magnetic agitators in chemical reactors to stir chemical ingredients during the manufacturing process.
Magnetic Agitators Market: Regional Outlook
In terms of geography, the global magnetic agitators market can be split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America and Europe are anticipated to constitute key share of the market during the forecast period. The magnetic agitators market in Asia Pacific is estimated to expand at a considerable pace owing to the increase in demand for these equipment in chemical and pharmaceutical end-use industries. Middle East & Africa is likely to be an attractive region of the global magnetic agitators market during the forecast period due to the rise in demand for these equipment in the chemical industry in the region.
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Magnetic Agitators Market: Key Players
Prominent players operating in the global magnetic agitators market include ZETA Holding GmbH, ZUCCHETTI S.r.l., PIERRE GUERIN, INOXPA S.A.U, PerMix Tec Co. Ltd, Nordic Engineering, MAVAG AG, and liquitec AG.