Press release
Pneumatic Conveying System Market | Atlas Copco, AZO GmbH + Co. KG, Coperion K-Tron, Cyclonaire- Pneumatic Conveying Solutions, DONG YANG P&F Co Ltd, DYNAMIC AIR LIMITED, Flexicon Corporation, Gericke, Nilfisk, Nol-Tec Systems, Pneucon Inc, VAC-U-MAX,
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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 system 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.
The major players operating in the market-
Atlas Copco
AZO GmbH + Co. KG
Coperion K-Tron
Cyclonaire- Pneumatic Conveying Solutions
DONG YANG P&F Co Ltd
DYNAMIC AIR LIMITED
Flexicon Corporation
Gericke
Nilfisk
Nol-Tec Systems
Pneucon Inc
VAC-U-MAX
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Taking into consideration the regional trends, Asia Pacific pneumatic conveying system 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 Market is anticipated to hit USD 1,240 million by 2022.
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