Jet Mixer Market REPORT OVERVIEW
- Request Free Sample to learn more about this report
The global jet mixer market size was USD 322.4 million in 2021 and is projected to touch USD 545.41 million by 2031, exhibiting a CAGR of 5.4% during the forecast period.
The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The jet mixer is the device used to mix and circulate the liquid, gas dispersion, and powder. Jet mixing is a highly effective means of delivering mixing energy while limiting horsepower requirements. With this product, a three-dimensional flow is achieved in the tank without producing a rotating motion. There are so many advantages for mixers, such as high efficiency, high operational safety, long life time, simple construction, no turning parts, so little wear and tear, available in any material used in the equipment and resistant to fouling. It has applications in the food, brewing, and beverage industries, dairy, personal care and biopharma industries, wastewater treatment, and petrochemical fields.
The jet mixer market is growing rapidly worldwide. Even though there are many types of mixers, liquid mixer is the most popular type of it. The scope of applications for liquid mixer is restricted by the viscosity of the liquid to be mixed. It can be used in all cases in which the liquid to be mixed can still be provided by a centrifugal pump. The growth of the market is directly influenced by the growth of the food and beverage industry. The ease of using a this product is an add-on benefit to support the escalating market growth.
COVID-19 Impact: Economizing of People to Decelerate the Market Growth
The COVID-19 The pandemic affected the growth of almost every industry under the sky. Even though there were a number of categories who benefited during the pandemic, the majority of the types were suffering. The Jet mixer market was not among the exceptional categories. The market hit a low during the pandemic in all regions and also showing a positive curve in the growth pattern after the pandemic, as the corresponding industries are growing.
LATEST TRENDS
"Technological Advancement to Support Market Development"
The jet mixer market growth is increasing rapidly due to the significant demand from the food and beverage sector and also from the residential sector. Technology is affecting the product market in a very positive manner. Every day, new technology is developed and tested on these products, such as remote sensors and their compatibility with various materials. Companies are facing huge competition in terms of technological development. They want to introduce the new version to the market before anyone else.
Jet Mixer Market SEGMENTATION
- Request Free Sample to learn more about this report
- By Type
Based on type; the market is divided into Liquids, Gas Dispersion, Powder and Others.
Liquid jet mixer is the leading part of the type segment.
- By Application
Based on application; the market is divided into Food and Beverage, Personal Care, Pharmaceutical, Chemical, Wastewater Treatement, Petrochemical, and Others
Food and Beverage is the leading part of the application segment.
DRIVING FACTORS
"Low Installation Cost to Escalate" "T""he" "Market Need"
One of the main advantages of the jet mixer is the reduced installation cost. This is more likely to be used in large, field-erected storage tanks than in process vessels and non-breaking space. When it comes to large plants for industrial purposes, companies try to reduce the cost associated with installations and maintenance. Since mixers have a low installation cost, they are very much welcomed in the market. Apart from that, its high efficiency and long-lasting characteristics make it very friendly to companies. Other than that, it is also popular in small-scale industries such as restaurants and other food stalls.
"Hygienic Application to Increase the Market Demand"
Industries such as food and beverage, personal care, pharmaceuticals, chemicals, and others are in a segment where extreme hygiene is needed. When it comes to the larger scale, it is very important to maintain a clean and hygienic environment in terms of equipment and machinery. There are companies which provide fully designed equipment for hygienic applications to suit your specific process requirements. That allows easy and quick cleaning using normal tools. The products that prefer hygienic designs have qualities such as being impervious to water, free of cracks and crevices, non-reactive, corrosion resistant, and nontoxic.
RESTRAINING FACTORS
"Clogging Concerns to Hamper Market Demand"
Jet mixer nozzles can become clogged, especially if the tank contains solids and BS&W. Due to the fact that jet energy dissipates rapidly as the distance from the nozzle tip increases, it may not provide very effective mixing in cases where tank diameters are very large. These are the primary reasons for investing in the market. To avoid further contamination from clogged particles in larger factories, it is critical to use hygiene-friendly equipment.
KEY INDUSTRY PLAYERS
"Industry Players to Accelerate the Market Growth"
The study provides information on the market participants and their involvement in the industry. Acquisitions, mergers, technological advancements, partnerships, and expanding industrial facilities are all used to collect and report data. Other factors considered in this sector are the companies that manufacture and develop new products, the regions in which they operate, automation, technology adoption, earning the highest income, and making a difference with their products.
Jet Mixer Market REGIONAL INSIGHTS
- Request Free Sample to learn more about this report
"North America to Lead Market Owing to Urbanization"
The jet mixer market share is the largest in North America. The growing urban population is causing the market to grow. The lifestyles of people are changing, particularly in developed nations where more and more people are relocating to metropolitan or semi-urban areas. The majority of pharmaceutical, food and beverage, and chemical companies are in this region owing to the growth of product demand.
List of Market Players Profiled
- GEA (Germany)
- Xylem (U.S.)
- Alfa Laval (Sweden)
- Transvac (U.K.)
- Tetra Laval (Switzerland)
- Veolia (France)
- Quadro Liquids(IDEX) (Canada)
- National Oilwell Varco (NOV) (U.S.)
- IKA (Germany)
- Hayward Gordon (Canada)
- Evoqua (U.S.)
- Mixing Systems, Inc (U.S.)
- Pall(Danaher) (U.S.)
- Mixrite (Turkey)
- Knauer (New Zealand)
- Yoshida (Japan)
- Chem Process Systems (India)
- Fluko (China)
- Qidong Jinsong Machinery Manufacturing Co (China)
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 322.4 Million in 2021 |
Market Size Value By |
US$ 545.41 Million by 2031 |
Growth Rate |
CAGR of 5.4% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the jet mixer market expected to touch by 2031?
The global jet mixer market is expected to reach USD 545.41 million by 2031.
-
What CAGR is the jet mixer market expected to exhibit by 2031?
The jet mixer market is expected to exhibit a CAGR of 5.4% by 2031.
-
Which are the driving factors of the jet mixer market?
Companies always prefer to reduce the cost of installation as well as maintenance. This helps them reduce their costs. Also, the benefits of custom-designed hygiene equipment are forcing them to use it to prevent any hygiene issues
-
Which are the top companies operating in the jet mixer market?
GEA, Xylem, Alfa Laval, Transvac, Tetra Laval, Veolia, Quadro Liquids(IDEX), National Oilwell Varco (NOV), IKA, Hayward Gordon, Funken, Evoqua, Mixing Systems, Inc, Pall(Danaher), Mixrite, Knauer, Yoshida, Chem Process Systems, Fluko,Qidong Jinsong Machinery Manufacturing Co