The new industrial high-shear mixers market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Industrial High-shear Mixers Market 2021-2025 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the industrial high-shear mixers market.
"One of the primary growth drivers for this market is the rising demand for industrial high-shear mixers among various industries," says a senior analyst for the industrials industry at Technavio. The vendors should focus on growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover, Technavio expects the industrial high-shear mixers market size to grow by USD 38.58 million during the period 2021-2025.
Industrial High-shear Mixers Market Segment Highlights for 2020
The industrial high-shear mixers market is expected to post a year-over-year growth rate of 1.40%.
Based on the product, the industrial batch high-shear mixers saw maximum growth in 2020. Factors such as rising demand for industrial high-shear mixers among various industries are driving the market.
The growth of the market segment will be significant during the forecast period.
39% of the growth will originate from the APAC region.
APAC will offer several growth opportunities to market vendors during the forecast period.
China and India are the key markets for industrial high-shear mixers in APAC.
Click here to learn about report detailed analysis and insights on how you can leverage them to grow your business.
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The industrial high-shear mixers market size is expected to accelerate at a CAGR of almost 3% during the forecast period.
The industrial high-shear mixers market is segmented by product (Industrial batch, Industrial, and Industrial multistage) and geography (APAC, North America, Europe, South America, and MEA).
The market is fragmented due to the presence of many established vendors holding significant market share.
The research report offers information on several market vendors, including ACG, Admix Inc., Charles Ross & Son Co., EnSight Solutions LLC, GEA Group Aktiengesellschaft, LINXIS Group, Merck KGaA, PerMix Tec Co. Ltd., Silverson Machines Inc., and Tetra Laval International SA.
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