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NEW YORK , March 2, 2022 /PRNewswire/ -- The static mixer market is set to grow by USD 264.29 million at a CAGR of 5.66% from 2021 to 2026, according to the latest research report from Technavio. Also, the static mixer market to record a 4.91% Y-O-Y growth rate in 2022. The static mixer market report offers information on several market vendors, including Admix Inc., Antylia Scientific, EESIFLO Europe sro, Flexachem, Fuel Tech Inc., Koflo Corp., Komax Systems, Lenntech BV, Mott Corp., NanTong Hennly Machinery Equipment Co. Ltd., Nordson Corp., NOV Inc., Primix BV, PROMIX Solutions AG, SPX FLOW Inc., Stamixco AG, Statiflo Group, Sulzer Ltd., Verder Liquids BV, Westfall Manufacturing Co., and ZelenTech Pte Ltd. among others.
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The static mixer market covers the following areas:
Static Mixer Market - Drivers & Challenges
The static mixer market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies custom-designed mixers gaining prominence as one of the major factors driving the growth of the market. With customized mixers, end-users can seamlessly integrate mixers with their processing line. Besides them realizing the long-term benefits of it, the push from vendors in the market has also greatly catalyzed the adoption of customized mixers. Several vendors are providing additional services along with them. For instance, ROSS introduced a new mixing and turnkey system, which has the capability to extrude finished products into strands. Thus, the adoption of customized mixers is expected to move beyond the F&B industry to other end-user industries, and eventually, it will catalyze the growth of the static mixers market during the forecast period.
However, the fluctuation in raw material prices is another factor supporting the static mixer market growth. Among the raw materials, steel is chiefly used in the construction of mixers besides the use of raw materials such as copper, stainless steel, cast iron, aluminum, brass, and bronze. These raw materials are used in other industrial applications besides being used in the manufacturing of mixers. This implies that any change in demand from other industries can impact the raw material price for mixer manufacturers. In mixing applications, specialized materials are required to prevent corrosion formation and the growth of contaminants. For instance, steel is one of the most used raw materials to manufacture mixers for sanitary applications. Thus, fluctuations in the prices of these raw materials will impede the market growth during the forecast period.
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Static Mixer Market - Segmentation Analysis
The Static Mixer Market is segmented by Application (Laminar flow and Turbulent flow), End-user (Oil and gas, Chemical and petrochemical, food and beverage, Water and wastewater, and Others), and Geography (APAC, North America , Europe , South America , Middle East , and Africa , US, China , Germany , India , and the UK).
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Accelerate at a CAGR of 5.66%
Leading companies, competitive strategies, consumer engagement scope
Admix Inc., Antylia Scientific, EESIFLO Europe sro, Flexachem, Fuel Tech Inc., Koflo Corp., Komax Systems, Lenntech BV, Mott Corp., NanTong Hennly Machinery Equipment Co. Ltd., Nordson Corp., NOV Inc., Primix BV, PROMIX Solutions AG, SPX FLOW Inc., Stamixco AG, Statiflo Group, Sulzer Ltd., Verder Liquids BV, Westfall Manufacturing Co., and ZelenTech Pte Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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