Regenerative Blower Market report for 2025 – Companies, applications, products and more
Regenerative Blower Market to surpass USD 1 billion by
2025; according to a new research report by Global Market Insights, Inc.
Growth in chemical industry
in developed economies of North America due to upsurge in demand for pharma,
agrochemical and other specialty products across the region will be a major
boost for regenerative blower market demand in the coming years. Global
chemical sales accounted for USD 3.84 trillion in 2015, of which North America
accounted for around 16.5% market share. in the forecast spell. Blowers are
used for loading granules, pellets and other materials in hoppers, and form air
layers to facilitate material loading.
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This will be a key contributing factor for
the product demand positively in the region as the blowers are used for
transferring the powders, light solids, foam along with chemicals, etc.
Increase in domestic oil production in North America region will boost the oil
& gas sector growth by 2025 due to the supportive initiatives taken by the
U.S. government to expand shale oil & gas production. The above-mentioned
trends are expected to follow and thus will drive regenerative blower market
Development in food &
beverage industry in Asia Pacific, with rise in individual purchasing power,
change in dietary habits, increasing demand for ready-to-eat food, population
growth, etc. In Asia Pacific, food & beverage industry is expected to grow
with CAGR of around 4.5% from 2018 to 2025. This will subsequently boost the
sales growth of regenerative blowers in the forecast timeframe as the product
is used for drying & sealing the bottles, cans and are also used for
handling fragile food items such as eggs and other edible items.
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Based on stage, the industry is segregated into single, two
and three stages. Among these three stage blowers will show a decent growth
with CAGR around 3.5% in future as these pumps use three impellers and generate
high air flows at lower level of pressure. This property of the product makes
them suitable for various applications in textile, paper & printing,
manufacturing and pharmaceutical industries.
Chemical industry shows a positive growth in the end-user
segment with CAGR close to 4.5%. Increasing demand for agrochemicals, specialty
chemicals and petrochemicals due to initiatives taken by government of emerging
economies to support industrialization coupled with rising agricultural income
will boost growth of chemical industry and this in turn will have positive
impact on product sales in forecast period.
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Report Summery @
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Regenerative Blower market
size from cosmetic application is anticipated to exceed USD On the basis of
region, India regenerative blower industry will likely to witness CAGR close to
5.5% over the forecast years. Increasing population rate coupled with growing
water pollution issues will boost wastewater treatment and food & beverage
industry in India, thus impacting product demand positively over the forecast
timeframe.
Key regenerative blower
market players include Hitachi Limited, Gardner Denver, Becker Pump
Corporation, Busch LLC, KNB Corporation, Atlantic blowers, Dustcontrol AB,
Elektror Airsystems, Airtech Airsystems Ltd., Air Control Industries, The
Spencer Turbine Company, FPZ S.p.A. and Chuan Fan Electric Co. Ltd.
About
Global Market Insights:
Global Market Insights, Inc., headquartered
in Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are designed
via a proprietary research methodology and are available for key industries
such as chemicals, advanced materials, technology, renewable energy and
biotechnology.
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Us:
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Global Market Insights, Inc.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
Social Media: Google+ | LinkedIn | Twitter | Facebook
Regenerative Blower Market report for 2025 – Companies, applications, products and more
Reviewed by Pradip Varpe
on
July 17, 2018
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