Pneumatic Conveying Systems Market size is predicted to expand further owing to technological breakthroughs and product development in many feeding technologies like rotary valves & vibrating dosing screws, according to a report by Global Market Insights, Inc. Its total revenue would surpass $30 billion by 2022.
Germany pneumatic conveying systems market size, by technology, 2012-2022 (USD Million)
Pneumatic conveying systems stir dry substances in pipelines with air assistance and help in protection of end-products from contamination by eradicating dust particles from the system. They also help in minimizing downtime, reducing costs and increasing efficiency. These systems are projected to expand by end of forecast period.
Dry substances can be moved in pipelines based on two principles, dilute phase convey systems and dense phase convey systems. Dilute phase convey systems occupied greater than 71% share of global pneumatic conveying system market in 2014. It is predicted to display substantial growth due to its characteristic of using air pressure only for transmitting or moving substance. Dense phase conveying systems are displaying normal expansion and are used in food & pharmaceuticals applications. It is projected to register CAGR of more than 5% during forecast period and was evaluated at more than $5 billion for 2014.
Food and Pharmaceuticals industry are the end-users of pneumatic conveying systems market. Both combined contributed to half of the total industry share for 2014. Plastics, cement, ceramics, waste water management, chemical, petrochemical and rubber are few of other end-users. Pharmaceuticals segment was evaluated at more than $5 billion for 2014 and is predicted to register CAGR of more than 5% during forecast period. The growth can be attributed to use of the pneumatic systems for granulation, coating and packing of pharmaceuticals. Ceramics industry is predicted to grow substantially during forecast timeframe and was evaluated at more than $3 billion in 2014. It is predicted to surpass $5 billion by 2022 due to rise in automation in manufacturing establishments.
Pneumatic conveying systems market is segmented into positive pressure systems and vacuum systems based on the technologies. Positive pressure systems were evaluated at more than $10 billion for 2014 and predicted to register CAGR of more than 5% during forecast timeframe. The growth is attributed to the capacity of these systems to convey bulk substances from source to many destinations. Vacuum systems contributed greater than 30% of the total industry share for 2014. They are predicted to grow significantly owing to their increasing execution for light & free flowing substances.
The report studies the effect of pneumatic conveying systems in key geographical regions including North America, APAC, Europe, MEA and Latin America.
APAC is predicted to display highest expansion due to rapid industrialization. China and India are predicted to contribute towards rapid growth of pneumatic conveying systems market in the region during forecast timeframe.
Europe pneumatic conveying systems market size was more than $6 billion for 2014 and dominated the global industry. It is predicted to expand significantly owing to government norms for sanitary functions.
Key industry players profiled in the report include AZO GmbH & Co. KG, Cyclonaire Corporation, Dynamic Air Incorporation, Gericke, Nol-Tec Systems, Schenck Process LLC, Atlas Copco, Coperion K-Tron, DongYang P&F, Flexicon Corporation, Pneumatic Conveying Incorporation and Vac-U-Max.
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Written By : Dhananjay Punekar