The new report by Expert Market Research titled, ‘Global Static Mixer Market Share, Size, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global static mixer market, assessing the market based on its segments like application, end-use, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 6%
The growing global demand for industrial and consumer goods propelled the global static mixer industry. The market is likely to develop further in the forecast future, owing to rising disposable incomes, increasing investments, rising construction industry, and growing demand from chemical and petrochemical sectors.
Industry Definition and Major Segments
A static mixer is a piece of industrial equipment that is used to mix liquids of various viscosities, gases, slurries, and powders homogeneously, with no movement of the components inside the device. As a result, they’re also known as static mixers. In a static mixer, two mixing liquids, a major component and an additive, are connected to the mixer.
These fluids are added to the static mixer and blended uniformly. Due to capacity increases, main end-user sectors such as chemical and petrochemical, food and beverage, and water and wastewater are driving the market growth of static mixers.
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The industry can be divided based on its application sectors as:
• Laminar Flow
• Turbulent Flow
The static mixer market can be broadly categorised based on end-use into:
• Oil and Gas
• Chemical and Petrochemical
• Food and Beverage
• Water and Wastewater
The global regions for static mixer market include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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By mixing different streams of liquids and gases, static mixers help to equalise physical properties like viscosity and temperature. Because of these applications, research organisations have developed static mixers to catalyse the process. A few companies have also developed catalyst-coated static mixers for continuous flow reactors, which produce more churning and mixing and improve the efficiency of the manufacturing process.
Static mixers are extensively employed as a catalyst in the chemical and petrochemical industries due to their benefits. Global demand for industrial and consumer goods is driving capacity expansion in various industries. Static mixers offer a wide range of applications in various industries because of their versatility and cheap maintenance costs.
The rise in consumer disposable incomes for a variety of products in developing countries is fueling the growth of these sectors. In addition, demand is expanding as a result of increased investment in these areas. This will increase demand for static mixers and accelerate the growth of the static mixer market.
Key Market Players
The major players in the market are Fuel Tech Inc. (NASDAQ: FTEK), NORITAKE Co. Ltd., Statiflo Group, Sulzer Management Ltd., and Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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