Pneumatic Conveying Systems Market Worth, Relevant Growth, Top Companies Analysis, Competitors Overview & Forecast till 2020-2027
Global Pneumatic Conveying Systems Market
Global Pneumatic Conveying Systems Market was valued at USD
25.74 billion in 2019 which is expected to reach USD 36.62 billion by 2027 at a
CAGR 5.3%.
Pneumatic conveying systems are used to transport or carry
powders, granules, or dry bulk materials from a source to a destination with
the help of a closed vertical or horizontal conveying line. The force required
for the transfer of materials is extracted from a gas. The system can transport
materials by regulating the vacuum or pressure, and the airflow in the
conveying line.
The growing industrialization in emerging economies as well
as expansion of recycling & waste treatment industries are the major
driving factors which are expected to propel the global pneumatic conveying
systems market growth over the forecast period. The increase in concerns
related to the health & safety of consumers are compelling manufacturers
across various end use industries to use pneumatic conveying systems as they
ensure the hygiene of the products by preventing contamination of materials.
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Continuous technological advancements in the field of
pneumatic conveyance & the availability of advanced products equipped with
intelligent control technology will significantly drive the growth of global
pneumatic conveying systems market growth during this forecast period. The
increase in usage of pneumatic conveying systems in material handling
industries expected to boost the demand of pneumatic conveying systems across
the globe. Various government policies & regulations force manufacturers to
implement improved operation process which is expected to result in raising the
target market demand.
Implementation of these systems involves high capital
investment due to existence expensive system parts in the system which is
expected to hinder the global pneumatic conveying systems market growth during
this forecast timeline.
Pneumatic Conveying
Systems Market Segmentation
The Global Pneumatic Conveying Systems Market is segmented
into type such as Dilute Phase Conveying, and Dense Phase Conveying, by
technology such as Positive Pressure Systems, Vacuum Systems, and Combination
Systems. Further, market is segmented into end use such as Ceramic, Food,
Pharmaceuticals, Rubber and Plastic, Cement, and Others.
Also, the Global Pneumatic Conveying Systems Market is
segmented into five regions such as North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa.
Regional Analysis
The Europe is expected to hold the dominant share of the
total market in terms of revenue. The regional market is expected to register a
significant growth during this forecast period due to the increase in demand
for hygienic methods in the food transfer and production industry. In North
America FDA had introduced several regulations regarding indirect contaminants
in food. This is expected to positively influence the demand for these systems
in the region over the forecast period.
The expansion of the pharmaceutical industry in the APAC is
also expected to drive the demand for pneumatic conveying systems during this
forecast timeframe. Due to increase in facilities involved in the development
of biosimilars and vaccines, especially in developing countries.
Market Key Players
Some key operating players are listed in this report such as
Atlas Copco AB, Cyclonaire Corporation, Coperion GmbH, Palamatic Process,
Dynamic Air Inc., Flexicon Corporation, Gericke AG, ongYang P & F, Nilfisk
Group, Schenck Process Holding GmbH, etc.
Market Taxonomy
By Type
·
Dilute Phase Conveying
·
Dense Phase Conveying
By Technology
·
Positive Pressure Systems
·
Vacuum Systems
·
Combination Systems
By End Use
·
Ceramic
·
Food
·
Pharmaceuticals
·
Rubber and Plastic
·
Cement
·
Others
By Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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