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Pneumatic Conveying Systems Market in Asia Pacific Region is Expected to Exhibit Highest Growth Rate By 2022

11-29-2019 04:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Pneumatic Conveying Systems Market

Pneumatic Conveying Systems Market

Taking into consideration the regional trends, Asia Pacific pneumatic conveying systems market is forecast to display highest growth over the next few years. Speedy industrial development across India and China is expected to drive the regional growth. Pneumatic Conveying System market in China is projected to grow at a rate of 6.2% over 2015-2022. Driven by the high rate of industrialization, India Pneumatic Conveying System industry is anticipated to hit USD 1,240 million by 2022.

Pneumatic conveying systems market is segmented into positive pressure systems and vacuum systems based on the technologies. Positive pressure systems were evaluated at more than $10 billion for 2014 and predicted to register CAGR of more than 5% during forecast timeframe. The growth is attributed to the capacity of these systems to convey bulk substances from source to many destinations. Vacuum systems contributed greater than 30% of the total industry share for 2014. They are predicted to grow significantly owing to their increasing execution for light & free flowing substances.

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Pharmaceutical sector, estimated at USD 5 billion in 2014, will propel pneumatic conveying systems market development over the coming timeline. The growing popularity of this system across pharmaceutical sector can be credited to the escalating demand for power transfer through vacuum. Ceramics sector will surpass USD 5 billion by 2022, and is forecast to contribute substantially towards pneumatic conveying systems market size over the forthcoming years, driven by the automation of processes in various industrial establishments.

Based on the operating principle, pneumatic conveying systems is segmented into two main types – Dilute Phase Conveying System and Dense Phase Conveying System. Dilute phase conveying system is expected to record a CAGR of 5.5% over 2015-2022. It is likely to dominate global pneumatic conveying systems market revenue over the next few years, driven by its ability to use air pressure effectively for conveying materials. Dense phase conveying system, estimated at USD 5 billion in 2014, will record significant gains over the coming timeline, driven by the efficient usage of pressure and blow tanks.

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Varied benefits offered by the equipment are cost savings, improved quality, increased productivity and minimized production downtime. End user industries are petrochemical, rubber & plastic, chemical, ceramic, waste water management, food, cement industry and pharmaceutical is anticipated to spur the industry. Players are showing interest in this equipment installation for better production and prevent product contamination from dust particles. These advantages support the growth of pneumatic conveying systems market.

Table of Contents:

Chapter 5. Pneumatic Conveying Systems Market Technology Insights
5.1. Global market share by technology, 2014 & 2022
5.2. Positive pressure system
5.2.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
5.3. Vacuum system
5.3.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
5.4. Combination system
5.4.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
Chapter 6 Pneumatic Conveying Systems Market End-use Insights
6.1. Global market share by end-use, 2014 & 2022
6.2. Ceramic
6.2.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
6.3. Pharmaceuticals
6.3.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
6.4. Food
6.4.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
6.5. Rubber & plastic
6.5.1. Global market estimates and forecasts by region, (USD Million), 2012 - 2022
6.6. Others
6.6.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/pneumatic-conveying-systems-market-size

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com

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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