Measuring Stirrers Market Size, Share, Growth, and Industry Analysis by Type (Axial Flow Agitator and Radial Flow Agitator) By Application (Chemical, Food, Cosmetics, and Others) Regional Forecast By 2031

Updated On: 08 April 2024

Measuring Stirrers Market Report Overview

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The global measuring stirrers market size expanded rapidly in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with the measuring stirrers market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is expected to generate substantial revenue by 2031, a robust CAGR during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Viscosity is measured and shown by the measuring stirrers. On the display, the outcomes are visible in real time. It can be used for many different things. In order to stir a liquid or gas in a container, measuring stirrers are employed. The components are mixed while being stirred, which also helps to spread heat evenly. This is crucial for cooking and baking as well as chemical processes. The rise in demand for small measuring stirrers in commercial and academic settings is responsible for measuring stirrers market expansion.

Also, the miniaturization trend, which is on the rise, is fostering measuring stirrers market expansion. Pharmaceuticals, food & beverage, and other sectors in various market categories have benefited from this technology The rising use of automated liquid handling systems in labs, which frequently come with little overhead stirrers to mix samples before analysis or injection. During the coming years, demand for more measuring stirrers is anticipated to increase due to the industry's growing tendency towards downsizing in all areas.

COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth

All worldwide economies have been significantly impacted by the COVID-19 pandemic in a number of different industries. The measuring stirrers market growth was significantly impacted, and the majority of enterprises had to realign and adapt their operations in reaction to the outbreak. Consumers, businesses, and communities around the world are deeply concerned about and experiencing economic hardship as a result of the COVID-19 pandemic. The pandemic affected business revenue directly, but it also slowed down general measuring stirrers market development, which had an influence on long-term plans and revenue projections.

LATEST TRENDS

"Increased Consumer Goods to Boost Market Growth"

Measuring stirrers are frequently employed in laboratories as a primary or backup instrument for processing samples that need quick heating or chilling. Due to increased consumer goods demand and consistent development plans by large multinational corporations, the industrial sector has seen an increase in investments across emerging economies. This can be ascribed to the rising demand from multiple manufacturing facilities in China and India for stirrers with high efficiency as a result of rising infrastructure spending by those governments to encourage investments.  

Measuring Stirrers Market Segmentation

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• By Type Analysis

As per the type, the market is classified as follows: Axial Flow Agitator and Radial Flow Agitator. The axial flow agitator is anticipated to dominate the measuring stirrers market share.

• By Application Analysis

Based on application, the market is segmented as follows: Chemical, Food, Cosmetics, and Others. With over 60% of the global market share, the Chemical application segment dominated the measuring stirrers market share as a whole.

DRIVING FACTORS

"Application in Industrial Sector to Facilitate Market Development"

Measuring stirrers are increasingly in demand from the biotechnology and pharmaceutical sectors to enhance mixing efficiency. Increasing demand for more Measuring stirrers is being caused by the increasing use of microtiter plates and other small-scale vessels for drug discovery, formulation development, and quality control applications. Smaller and lighter motors are now practical for use in measuring stirrers, improving performance and lowering operating costs. This is thanks to advancements in motor technology.

"Funding R&D Initiatives to Promote Industry Progress"

The measuring stirrers are predicted to develop faster than average due to the rising desire for closed systems with vacuum technology. Furthermore, measuring stirrers are employed in the processing of samples as well as in extraction, oil analysis, soil suspension, organic synthesis, pH testing, and dialysis. Manufacturers have been funding R&D initiatives in recent years to bring new designs that decrease time and increase work efficiency. In addition, it is projected that a growth in the number of testing and research facilities would fuel the demand for measuring stirrers market in the coming years. The performance of the product will be further optimized through technological innovation and progress, increasing its use in downstream applications.

RESTRAINING FACTORS

"High Cost of Measuring Stirrer to Hinder Market Growth"

The measuring stirrers market expansion, however, is being constrained by issues including high beginning costs and a lack of knowledge about these items. If a high-viscosity sample is used with at the beginning or throughout processing, there is a risk of straining the drive motor, which could lead to overheating and rapid wear. Almost always, measuring stirrers are more expensive than a magnetic stirrer. Even an inexpensive measuring stirrers costs more than all but the costliest magnetic stirrers since it takes up more space and has more powerful motors.

Measuring Stirrers Market Regional Insights

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"Increase in Demand to Propel Market Progress in Asia"

The measuring stirrers market in this area is anticipated to expand at the highest rate due to factors including the region's high life science industry growth in rising nations like Malaysia, China, and India, among others, and the region's expanding biopharmaceutical and healthcare player base. For instance, in order to better service customers in the Asia area with an emphasis on the mixing process, SPX FLOW, Inc. opened its Innovation Center in Xidu, China in July 2022. As a result, the measuring stirrers market is seeing an increase in demand for laboratory mixers, which can be ascribed to growth and new investment in the biotechnology sector.

KEY MARKET PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• IKA-Werke (Germany)
• HiTec Zang GmbH (Germany)
• Armaturenwerk Hötensleben (Germany)
• Brabender (Germany)
• Metrohm (Switzerland)
• SMC Corporation (Japan)
• Thermo Scientific (U.S.)
• Heidolph (Germany)

REPORT COVERAGE

The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.