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Pneumatic Conveying Systems Market : Key Companies Atlas Copco, AZO GmbH & Co. KG, Coperion K-Tron, Cyclonaire , DongYang P&F, Dynamic Air Inc., Flexicon , Gericke, Nilfisk
Pneumatic Conveying Systems Market
Pneumatic Conveying Systems Market will witness a massive surge over the coming five years owing to the growing requirement for effective filtration across the petrochemical, food, pharmaceutical, rubber & plastic, chemical processing, and ceramic sectors. Food sector, worth USD 5.7 billion in 2014, is expected to grow at a rapid pace in the coming years.
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Pharmaceutical sector, estimated at USD 5 billion in 2014, will propel pneumatic conveying system industry 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 system 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.
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Europe Pneumatic Conveying Systems market value, which was estimated at USD 6 billion in 2014, will grow considerably over the coming five years. Stringent rules for maintaining sanitation and improved hygienic standards will boost the regional revenue.
Key industry players profiled in the report include AZO GmbH & Co. KG, Cyclonaire Corporation, Dynamic Air Incorporation, Gericke, Nol-Tec Systems, Schenck Process LLC, Atlas Copco, Coperion K-Tron, DongYang P&F, Flexicon Corporation, Pneumatic Conveying Incorporation and Vac-U-Max.
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