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Positive Displacement Blowers Market Growth Overview & Development Factors, 2019 – 2024

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

The Positive Displacement 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 Positive Displacement Blowers market.

APAC 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.

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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. On the other hand, U.S.A., OPEC, Iran and Russia which are major producers of oil & gas globally are increasing their production due to the ongoing trade race between them, this will fuel the positive displacement blowers market growth over the forecast timespan.

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.

Positive displacement blowers market by end-user

  1. Water and wastewater treatment
  2. Packaging
  3. Industrial
  4. Aquaculture
  5. Chemical
  6. Oil & Gas
  7. Power generation
  8. Others

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Tri-lobe blowers will be the booming segment in positive displacement blowers market over the forecast period. 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.

Positive displacement 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.

Many multinational and local companies are operating in the positive displacement blowers market. Some major global players are:

  1. Aerzen
  2. Universal Blower Pac
  3. Kaeser
  4. Shandong Zhangqiu Blower Co. Ltd
  5. Kay International
  6. Howden
  7. Busch SE
  8. Siemens
  9. Eurus blowers
  10. Hitachi Ltd.
  11. Gardner Denver

Browse report summery @ https://www.gminsights.com/industry-analysis/positive-displacement-blowers-market  

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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