Spiral Blowers Market 2020 Future Trends & Projections to 2024

Global spiral blowers market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Spiral blowers market share was valued at USD 785 million in the year 2017 and is projected to surpass a revenue of USD 1.15 billion by the year 2024. Global helical (rotary) screw blowers market will grow significantly with a CAGR of 6.0% in the next seven years owing to usage of spiral blowers in cement industry for blending raw meal; combustion of air, kiln and burner; and aeration of raw materials. India infrastructure industry notably use cement instead of bitumen for construction of new road projects as cements are more durable and cheaper to maintain compared to bitumen.

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The worldwide spiral blowers market to register a CAGR of 6% over the period of 2018–2024. Food industry significantly requires spiral blowers for pneumatic conveyance of bulk materials. Increasing demand for high-efficiency blowers from food processing sector will substantially drive the global rotary screw blowers market. 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.

Top Players are –

  • Gardner Denver, Inc.,
  • Atlas Copco,
  • Performance System III, Inc.,
  • Universal Blower Pac,
  • Swam Pneumatics Private Limited,
  • Zhejiang Kaishan Compressor Co. Ltd.,
  • Chandler Equipment,
  • Zhengzhou Qugong Machinery Equipment

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The report overall depicts the potential opportunities for the spiral blowers market till the year Screw blowers components & parts manufacturers require specialized designs for their structural intricacy. The manufacturing steps including: designing, testing and quality checking are time consuming that in due course reflect on their product price structure. This complex and capital-intensive manufacturing process is likely to hinder market growth over the projected timeframe.

Chemical & petrochemical end-user industries 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.

Prominent spiral 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.

Browse More Info @ https://www.marketwatch.com/press-release/helical-screw-blowers-market-2019—2024-regional-insights-growth-forecast-2019-08-26

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