+1-888-308-5802     
News Contact Us

Positive Displacement Blowers Market 2019-2024; Growth Forecast & Industry Share Report

Author : Rahul Varpe | Published Date : 2019-06-25 

Positive displacement blowers (rotary lobe blowers) market shall be driven by growing demand from oil & gas industry, it is one of the biggest and steadily growing industry in recent times. Increasing consumption of oil & gas for transportation, industrialization and energy generation has increased rotary lobe blowers demand over the past few years. Oil & gas industry is anticipated to grow at 4% CAGR during the forecast period this can be attributed to the increasing demand from countries including the U.S. China and India.

Positive Displacement Blowers Market is forecast to exceed USD 3 billion. Tri-lobe blowers will be the booming segment in Positive Displacement Blowers Market over the forecast period.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2626

Asia Pacific has been the biggest market for rotary lobe blowers from last few years and it is anticipated to witness significant CAGR over the forecast period. Growing chemical, manufacturing and power generation sectors in Asia Pacific shall accelerate rotary lobe blowers demand over next few years. Europe was another major market for positive displacement blowers owing to its speedily growing chemical and water & wastewater treatment industries.

Another major growth driver in positive displacement blowers market is chemical industry, which has experienced healthy growth in past few years. In 2017, global chemical industry was valued close to USD 4 trillion and is projected to grow at a promising CAGR in the near future. This gigantic size and prominent growth rate of this industry shall propel product demand in the coming years.

High product and raw material cost shall restrain the product demand during the forecast timespan. Moreover, availability of numerous other blowers having better performance indices than rotary lobe blowers may pose challenge to positive displacement blowers Market growth over the forecast timespan. Rotary lobe blowers are regulated by local and regional government bodies through general pollution regulations, these regulations are likely to hamper the product demand in coming years

Make an Inquiry for Purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2626

European and North American countries use tri-lobe blowers at large scale which can be attributed to the advance nature of the industries in those countries. Economies in Asia Pacific including India, Bangladesh and Indonesia are the biggest consumer countries for twin-lobe blowers and are likely to create major demand for it in the coming years.

Many multinational and local companies are operating in the positive displacement blowers market. Some major global players are Aerzen, Universal Blower Pac, Kaeser, Shandong Zhangqiu Blower Co., Ltd, Kay International, Howden, Busch SE, Siemens, Eurus blowers, Hitachi Ltd. and Gardner Denver. Geographical expansion in terms of production facility is majorly adopted by global companies. For example, In June 2014, Hitachi America Ltd. announced its new subsidiary in Mexico, Hitachi industrial Equipment Mexico. It is engaged in the sale and after sale services of Hitachi industrial equipment Systems Co. Ltd. products.  

Related News - https://www.marketwatch.com/press-release/windows-doors-market-by-regional-statistics-growth-forecast-2019-24-2019-06-25

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

Related News

Reciprocating air compressor market to generate admirable revenue in the forecast period

Published Date: 2019-07-24         Author: Rahul Varpe

The Global Reciprocating Air Compressor Market size is forecast to cross USD 6 billion by 2024. Despite this plethora of lucrative opportunities, the industry space is still characterized by a string of constraints, stringent regulatory measures with regards to noise pollution being at the pinnacle.... Read More

Construction Equipment Rental Market 2019 | Regional Insights & Growth Forecast To 2024

Published Date: 2019-07-24         Author: Rahul Varpe

APAC Construction equipment rental market to surpass $40 billion by 2024, driven by the contribution of India and China. The India construction market will grow almost twice as fast as that of China by 2030 as the urban population in the country is anticipated to cross 165 million by 2030. Moving... Read More

Southern Africa Construction Machinery Rental Market is expected to witness significant gains during 2019 – 2024

Published Date: 2019-07-24         Author: Rahul Varpe

High investment and maintenance costs for the equipment is a critical driving force for the Southern Africa Construction Equipment Rental Market growth. The cost of material handling equipment is relatively high, that restricts manufacturers, businesses, and OEMs from implementing and procuring high... Read More

© 2019 Fractovia. All Rights Reserved