Helical Screw Blowers Market 2019 to 2024 - Key Industry Players & Growth Trends

Global Market Insights newly added the Global Helical Screw Blowers Market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years.

The global helical screw blowers market has gathered a substantial momentum in the manufacturing sector, largely attributed to the industrial demand for highly efficient, low noise and cost-effective products. The screw blowers provide continuous air supply with lower energy utilization and are more reliable, delivering a better performance than the traditional root blowers. The worldwide acceptance of screw blowers in power, food processing, steel and other such industries has spurred tremendous investment towards their development, in turn proliferating helical screw blowers market trends.

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The overall helical screw blowers market witnessed a remuneration of USD 785 million in 2017, with the prominent contributor being the chemicals and petrochemicals segment. In 2017, this segment procured 35% of the overall helical screw blowers end-use landscape. The screw blowers are used to direct, compress and thrust the various corrosive, explosive and inert gases generated in chemical plants and refineries.

Other significant applications of screw blowers include the pneumatic conveying of cement and fly ash, charging of kiln, blending and aeration of cement silos in cement manufacturing plants. They are likewise efficient in the discharge of granulated and bulky materials like grain, sugar, flour, powdered chemicals and dry cereals. The variety of applications for the helical screw blowers market can be derived from their sealed design which results in a very smooth air flow and limited leakage while moving both air and gas.

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Regionally, APAC stands tall in the global share battle, backed by the rapid industrialization and huge amounts of funds allocated to industrial infrastructure development in countries like India and China. Factoring in the growing popularity of screw blowers to enhance air and material transfer in cement, steel, metal processing and food processing industries, the Asia-Pacific helical screw blowers market is expected to record a 6% CAGR over 2018-2024.

All in all, the worldwide helical screw blowers market is rather a dynamic competitive stage, with an anticipation of slew of tech-advanced products in the pipeline. Undoubtedly, the industry 4.0 revolution will bring a disruption of sorts in the competitive as well as the regional hierarchy of this fraternity.   In terms of remuneration portfolio, the global helical screw blowers industry is anticipated to surpass the billion-dollar benchmark by 2024.

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