Press release
Helical Screw Blowers Market 2018-2024 Growth & Regional Revenue By Global Players Atlas Copco, Gardner Denver, Inc. and KAESER KOMPRESSOREN.
Helical Screw Blowers Market
Helical Screw Blowers Market will surpass USD 1.15 billion by 2024. Food industry significantly requires helical screw 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.
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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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Gardner Denver, Inc.
2. Atlas Copco
3. KAESER KOMPRESSOREN
4. Performance System III, Inc.
5. Universal Blower Pac
6. Swam Pneumatics Private Limited
7. Zhejiang Kaishan Compressor Co., Ltd.
8. Chandler Equipment
9. Zhengzhou Qugong Machinery Equipment
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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.
Direct driven blowers are efficient in terms of energy saving and maintenance compared to belt driven, as belt driven blowers require constant belt adjustment. Due to this, the direct driven blowers will be majorly used in several end-user industries such as food & pharmaceutical, chemical & petrochemical, etc. by 2024.
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.
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Middle East and Africa (MEA) will hold high potential in coming years as major oil & gas companies are based in UAE and Saudi Arabia. In addition, ongoing large construction projects in the region will stimulate the demand for cement in future. For instance, projects such as AL-Maktoum International Airport Expansion valued over USD 33 billion is one of the biggest project in Dubai authorized by Dubai Airport Authority (DAA). In May 2016, Majid Al Futtaim company had invested USD 8.2 billion to construct 6 hotels, 28 cinemas, 10 cities centers mall and super markets in UAE within next 10 years. Growth trends in the regional construction industry will positively influence MEA rotary screw blowers market over the projected timeframe.
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