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Positive Displacement Blowers Market 2024: Top Key Players - Siemens, Aerzen, Universal Blower Pac, Kaeser, Shandong Zhangqiu Blower Co., Ltd, Kay International, Howden, Busch SE, Eurus blowers

10-22-2018 12:47 PM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Positive Displacement Blowers Market, Global Positive Displacement Blowers Market Size, Positive Displacement Blowers Industry

Positive Displacement Blowers Market, Global Positive Displacement Blowers Market Size, Positive Displacement Blowers Industry

Market Study Report recently introduced new title on “2018-2024 Global Positive Displacement Blowers Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

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. 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 rotary lobe blowers market growth over the forecast timespan. Positive Displacement Blowers Market is forecast to exceed USD 3 billion; according to a new research report.

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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.

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.

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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.

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.

Table of Content:

Chapter 1. Positive Displacement Blowers Market Methodology & Scope

Chapter 2. Positive Displacement Blowers Market Executive Summary

Chapter 3. Positive Displacement Blowers Industry Insights

Chapter 3. Positive Displacement Blowers Industry Insights

Chapter 4. Positive Displacement Blowers Market, Product By End-user

Chapter 5. Positive Displacement Blowers Market, By End-user

Chapter 6. Positive Displacement Blowers Market, By Region

Chapter 7. Positive Displacement Blowers Market Company Profiles

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/positive-displacement-blowers-market/?utm_source=OPR-SP

Related Report:

Global Air Treatment Products Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

These products cleanse the air by removing smog, particulate matters, and micro-organisms to make it clean and breathable as required. Air treatment products are beneficial for people suffering from breathing ailments such as allergy and asthma, and helps reduce or eliminate second-hand tobacco smoke.

https://www.marketstudyreport.com/reports/global-air-treatment-products-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023?utm_source=RR-SP

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