Government Initiatives Coupled with Advancement in Agitator Pump Technology to Spur the Market’s Growth Outlook

Rockville, Dec. 20, 2022 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the Europe agitator pump market is estimated at US$ 413.0 million in 2022 and is expected to expand at a CAGR of 3.9% during the forecast years of 2023-2033.

With the penetration of technology in the mixing process, the demand for agitator pumps is increasing at a faster rate. Manufacturers are focusing on product innovation that can operate agitator pumps with low power consumption and save energy. In addition, they are also focusing on the rate of the mixing process to save time.

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Furthermore, these agitator pumps, as well as other variations of similar pumps, circulate the water and aid in removing any solid debris that builds up in the area close to the pump. Such agitator pumps deliver kinetic energy, which can be applied to slurry solids. Slurry solids gather close to the intake area of the pump and eventually become re-suspended in a fluid state. Such solid particles, which were originally buried in the soil, are drawn out by the pump, passed via the pump, and released through the discharge region. This maintains a slurry-free and clear intake.

For instance, tank cleaning, agricultural washing, waste cleaning, bottom ash extraction, slag pits or mill scale, sand mining, sand, and gravel extraction, cement plants, barge uploading, silt removal, and many other industries employ these agitator pumps.

Key Takeaways from Market Study

• Europe agitator pumps market is expected to be valued at US$ 621.0 million by 2033 expanding at a CAGR of 3.9%
• The market witnessed a 2.3% CAGR for the period of 2018-2022
• Under capacity, 200 - 300 m3/h dominate the market and are expected to be valued at US$ 204.0 million in 2023
• Germany dominated the market with a market share of 25.0% in 2023
• France and Italy’s demands for agitator pumps are expected to increase at CAGRs of 4.5% and 3.1%, respectively during the forecast period
  

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Market Development

With an increase in demand, manufacturers increasing their focus on strategic investment for the development of the agitator pump. Key players involved in the market are anchoring their presence in Germany, France, Spain, and others by lowering the price and increasing the efficiency of the product. Manufacturers also focus on strengthening the distribution channel to capture a large market.

Competitive Landscape

Prominent agitator pump manufacturers are Tsurumi, TBDE, Saber, & Flussmann, among others.

Manufacturers are concentrating on creating high-tech equipment to accelerate the process and maximized performance. Players are also concentrating on offering a variety of equipment facilitating chemical processes that involve mixing two or more substances. Manufacturers offer various types of agitator pumps and tie up with multiple distributors and suppliers to increase market sales.

Fact.MR has provided detailed information about the price points of key manufacturers of agitator pumps positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Key Companies Profiled

• Tsurumi
• TBDE
• Saber
• Flussmann

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Segmentation of the Agitator Pump Industry Research

• By Capacity :
  • <200 m3/h
  • 200 - 300 m3/h
  • 300 - 400 m3/h
  • > 400 m3/h
• By Application :
  • Construction
  • Mineral Extraction
  • Sand Mining
  • Ash Handling
  • Barge Unloading
  • Silt Removal
  • Others
• By Countries :
  • Germany
  • France
  • UK
  • BENELUX
  • NORDIC
  • Italy
  • Spain
  • Rest of Europe

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the Europe agitator pumps market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of capacity (<200 m3/h, 200 - 300 m3/h, 300 - 400 m3/h, and > 400 m3/h), and application (construction, mineral extraction, sand mining, ash handling, barge unloading, silt removal, others), across major countries of Europe (Germany, France, UK, BENELUX, NORDIC, Italy, Spain, and Rest of Europe).

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