Magnetic Coupled Mixers Market Size, Share & Industry Analysis, By Type (Top Entry Magnetic Coupled Mixer, Side Entry Magnetic Coupled Mixer and Bottom Entry Magnetic Coupled Mixer), By Application (Food & Beverages, Pharmaceutical and Others) Regional Forecast From 2023 To 2030

Updated On: 20 November 2023

MAGNETIC COUPLED MIXERS MARKET REPORT OVERVIEW

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The global magnetic coupled mixers market size is expected to be USD 425.5 million in 2022 and the market is projected to touch USD 1,123.3 million by 2030, with a growing CAGR of 10.2% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the magnetic coupled mixers market experiencing lower-than anticipated demand across all regions compared to pre-pandemic levels.

Magnetic coupled mixers is inclusive of a set of stable magnets, one situated in the head region and one located in the outer drive head, which are divided by a tank sheet soldered onto the receptacle. In continuation, magnetic coupled mixers is an apparatus that initiates a rotational magnetic field to generate a stimulation bar submerged in a liquefied substance to swirl at a very rapid rate, thus stirring it. Moreover, the revolving field can be produced either by a spinning magnet or by a pair of motionless electromagnets, positioned underneath the container with the liquid present in it.

On the other hand, the magnetic coupled mixers market consists of three variated types of the product such as top entry magnetic coupled mixer, side entry magnetic coupled mixer and bottom entry magnetic coupled mixer. Firstly, a top entry magnetic coupled mixers are commonly also known as agitators. Furthermore, these types of mixers are globally consumed throughout the market range and are the favored selection for continuous, semi-continuous and batch stirred tanks. Secondly, the side entry type of the product are connected horizontally from the sidewalls of the tanks. However, these mixers are mainly consumed for applications in enormous sized tanks. Moreover, in each tank it is noticed that there are numerous side entry mixers, as its construction is established on the mixing necessities. Lastly, the bottom entry mixer supplies a high crop of homogenization as the stirrer allocates the homogenized yield consistently within the parts of the container.

COVID-19 Impact: Government Rules and Lockdown Hampers Product Demand 

The COVID-19 pandemic had brought upon numerous unwanted negative impacts upon several industries and its market, as COVID-19 virus relentlessly spread on a global scale. However, the market accounted a slight decline in production and supply levels, but caught up to the constant levels as government regulations on movement activities were extremely rigid. Furthermore, the magnetic coupled mixers main consumers are the pharmaceutical and food and beverages industries. These markets were essential and a necessity to uncountable amount of consumers during the pandemic, as it assisted in several ways to keep up with the drastic increases in demand and especially in the food and beverages industry.

LATEST TRENDS

"Introduction of Diverse Types and Applications to Fuel Product Demand "

The top magnetic coupled mixers have been through numerous research and development processes, to be now equipped with newer advancements. Such as, three different types light, medium and heavy. Furthermore, the light type are consumed in miniature tanks for the production of cosmetics, ice cream and dairy goods storage and for typically flavorings and fragrance developments. Secondly, the medium type is best applicable for blending concentrated juices, paint and bitumen and it can storage goods such as yeast and starch. In conclusion, the heavy type of the product is beneficial to the chemical industries as it suitable for, chemical reactors, hydrogenation, resins and bio digesters. Hence, this advancement gives rise to higher demand from consumers in the food & beverages, pharmaceutical and other end consuming industries.  

MAGNETIC COUPLED MIXERS MARKET SEGMENTATION

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• By Type

Based on type; Top entry magnetic coupled mixer, side entry magnetic coupled mixer and bottom entry magnetic coupled mixer

Top entry magnetic coupled mixer is the leading type in this segment

• By Application

Based on application; Food & beverages, pharmaceutical and others

Food & beverages is the leading application in this segment

DRIVING FACTORS

"Steadfast Usage of Bottom Entry Mixers in Food and Beverages Augments Market Growth"

The surge within the market is for the high demand of bottom entry mixers in the food and beverages industry. Due to, the product is the most suitable for the storage of vegetable oil and dairy products, as the tanks have a fluctuating viscosity levels, precise and controllable temperatures and adjustable torque for mixing with changeable temperatures. Hence, more consumers get aware of the beneficial properties and stimulate demand through higher demand and this leads towards the global and United States magnetic coupled mixers market growth.

"Suitable Applications of Side Entry Mixers to Boosts Market Growth"

The latest driving factor in the market, is the inclusion of side entry mixers in waste management and chemical industries. Moreover, the product is applicable in the waste management industry because, its tanks are direct driven and the fluids are conveniently purified and kept homogeneous. On the other hand, it is beneficial in the chemical markets as the heavy type of product, assists in vigorous stirring applications, high pressured tanks and durability at high temperatures. Hence, these vital applications grows the demand and supply of the product and also boosting the global and United States magnetic coupled mixers market share.

RESTRAINING FACTORS

"Inefficiency and High Costs of the Product Hampers Market Growth"

One of the growing constraints on market growth, is the inefficiency of the magnetic coupled mixers to finely mix minuscule substances. Moreover, this drawback would hinder sales in the food and beverages industry as it is vital to break down each substance as finely as possible. Furthermore, in the pharmaceutical industries the product would require extensive amounts of kinetic energy and power, and it produces the outcome at a very slow loading rate.  These disadvantages are set to hamper the market growth in the current period.

MAGNETIC COUPLED MIXERS MARKET REGIONAL INSIGHTS

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"Increasing Application in Pharmaceuticals to Foster Growth in Asia Pacific "

The Asia Pacific region leads over others in the industry, due to having several pharmaceutical applications such as cosmetics and other treatments. Furthermore, the region also has an enormous population so the food and beverages industry thrives in the Asia Pacific region. Hence, these factors grow the overall demand and supply of the product within the region.

KEY INDUSTRY PLAYERS

"Key Players Aim to Grow Awareness of the Product "

The key market players strategize to increase the amount of awareness of the magnetic coupled mixers within the market and other diverse markets. Furthermore, they aim to conduct this because a higher amount of sales, would grow the key player’s market share and position. Additionally, they stimulate high advertisement to spread awareness of the products properties and applications.

List of Market Players Profiled

• Alfa Laval (Sweden)
• SPX Flow (U.S.)
• ZETA GmbH (Austria)
• Steridose (Sweden)
• Metenova (Sweden)
• Armaturenwerk (Germany)
• MilliporeSigm (U.S.)
• HEINKEL (Germany)
• PRG (India)
• Pfaudler (U.S.)
• Sedna ENG (Saudi Arabia)
• Zhejiang Great Wall Mixers (China)
• Mariotti & Pecini S.r.l. (Italy)
• Biotehniskais (Europe)
• JB Tec (India)
• KEST Technology (Sweden)
• Magnasafe (U.S.)

REPORT COVERAGE

This report highlights types in the magnetic coupled mixers market and latest trends along with the products driving and restraining factors within the market. Additionally, this report is inclusive of a list of the key industry players and explanation of how the leading region reached its position.