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2019 – 2024 | Helical Screw Blowers Market is expected to experience exponential growth via food processing sector

Author : Rahul Varpe | Published Date : 2019-10-02 

The Helical Screw Blowers market study drafted by Global Market Insights delivers a concise outline regarding the potential factors likely to drive the revenue growth of this industry. The report delivers valuable insights on market revenue, SWOT Analysis, market share, profit estimation and regional landscape of this business vertical. Moreover, the report focuses on significant growth factors and obstacles accepted by market leaders in the Helical Screw Blowers market.

Food industry significantly requires helical screw blowers for pneumatic conveyance of bulk materials. Increasing demand for high-efficiency blowers from food processing sector will substantially drive the global helical screw blowers market. Indian domestic cement consumption has increased from 165.6 million tons in 2011 to over 275 million tons in 2017. Such traits exhibit brighter scope for global market in cement industry.

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Helical Screw Blowers Market will surpass USD 1.15 billion by 2024; according to a new research report. MEA Helical Screw Blowers industry will hold high potential in coming years as major oil & gas companies are based in UAE and Saudi Arabia. In addition, ongoing large construction projects in the region will stimulate the demand for cement in future. For instance, projects such as AL-Maktoum International Airport Expansion valued over USD 33 billion is one of the biggest project in Dubai authorized by Dubai Airport Authority (DAA). In May 2016, Majid Al Futtaim company had invested USD 8.2 billion to construct 6 hotels, 28 cinemas, 10 cities centers mall and super markets in UAE within next 10 years. Growth trends in the regional construction industry will positively influence MEA helical screw blowers market over the projected timeframe.

Helical Screw Blowers Market, by End-user:

  1. Chemicals & Petrochemicals
  2. Steel plants
  3. Cement
  4. Power
  5. Food & Pharmaceuticals
  6. Others

Prominent helical screw blowers market players are Gardner Denver, Zhejiang Kaishan Compressor Co., Ltd., KAESER KOMPRESSOREN, Universal Blower, Swam Pneumatics Pvt, Chandler Equipment, Zhengzhou Qugong Machinery Equipment, Performance System III, Inc. and Atlas Copco.

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Petrochemical & Chemical end-user industries in helical screw blowers market will be growing at remarkable pace with a significant CAGR by 2024. Chemicals and petrochemicals industries require rotary screw blowers for conveying raw materials and compressing explosive gases of chemical refineries. These gases include hydrogen, nitrogen, natural, chlorine gas, etc. Power, steel plant and food & pharmaceuticals industries have shown significant growth in terms of both volume and revenue in 2017, which will grow substantially over the projected timeframe.

Food processing industry optimizes rotary screw blower systems for food plant to manage energy at mill and for reducing wastage. These blowers require only 120 horsepower electricity instead of 320 horsepower to operate, thus resulting in efficient energy saving and reduced maintenance cost for food processing industries. For instance, General Mill, one of the largest food manufacturing company, witnessed over USD 13.5 million in energy saving by 2016 by installing blowers in their food processing plant.

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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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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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