Automatic Ducting Machine Market Worth US$ 2,322.9 Million by 2032: Exclusive Report by FMI

The global automatic ducting machine market is expected to garner a market value of US$ 1,554.2 Million in 2022 and is expected to accumulate a market value of US$ 2,322.9 Million by registering a CAGR of 4.1% in the forecast period 2022-2032. Growth of the automatic ducting machine market can be attributed to demand from chemical processing and utilities/power industry.

Wet steam decreases thermal efficiency in any type of industrial engine, and it can also result in a hydraulic lock or erode internal components. Thus, in many industrial processes where handling steam and moisture is inevitable, automatic ducting machines become a necessary component. There are simpler versions of the typical steam separator, which uses a tangential inlet and cyclonic action to instantly separate steam and condensate.

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Automatic ducting machines are available in a wide variety of sizes, pressure ranges, and applications. Demand for automatic ducting machines is directly proportional to the growth of its end use industries. Due to the gradually increasing growth rate among most end use industries, the global automatic ducting machines market is expected to expand with a moderate CAGR over the

The global demand for automatic ducting machines is projected to increase at a CAGR of 4.1% during the forecast period between 2022 and 2032, reaching a total of US$ 2,322.9 Million in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 3.6%.

The strong presence of end user industries such as chemical processing, pharmaceutical and oil & gas is a key contributor to the rapid adoption of automatic ducting machine. The COVID-19 pandemic affected the demand for automatic ducting machines owing to restriction on activities in certain workplaces.

In any type of industrial engine wet steam reduces thermal efficiency, further, it can also cause a hydraulic lock or erode internals. Thus, Automatic Ducting Machines becomes an essential part of many industrial processes, where handling steam and moisture is unavoidable. A typical steam separator uses a tangential inlet and cyclonic action to instantly separate steam and condensate, however, simpler versions are also available.

Automatic Ducting Machines come across a variegated range of sizes, for different pressure ranges, for different applications. Demand for Automatic Ducting Machine is directly proportional to growth of its end use industries. Due to gradually increasing growth rate among most end use industries, the global Automatic Ducting Machines market is expected to expand with a moderate CAGR over the forecast period.

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Automatic Ducting Machines Market: Drivers & Restraints

The prime factor boosting the growth in the global Automatic Ducting Machines market is the rising demand for power across developing nations of Asia Pacific. As coal still remains the most dominant fuel for power generation, demand for steam separators will continue to rise. With reviving economies of US and Western Europe, the chemical and chemical processing industries of the region will also drive the demand for Automatic Ducting Machines.

Furthermore, as regulation become stricter regarding industrial safety, Automatic Ducting Machines are bound to witness untapped installation areas, where moisture can corrode other equipment. Reviving crude oil prices is also fuelling oil and gas companies to further invest in gas processing stations, which is also driving more demand for Automatic Ducting Machines.

Automatic Ducting Machines Market: Regional Outlook

Geographically, Automatic Ducting Machines market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. North America has been the global leader in generating demand for Automatic Ducting Machines, amid, matured industrialization and its giant thermal power industry.

However, over the forecast period, the region's Automatic Ducting Machine market is expected to witness maturity levels, as focus on renewable energy rises. Contrary, Western Europe is already catering a mature Automatic Ducting Machines market, but with reviving chemical and pharmaceutical industry of the region, demand for Automatic Ducting Machines is anticipated to rise gradually over the forecast period.

Asia Pacific Excluding Japan (APEJ) is expected to present the most impressive growth considering the demand for Automatic Ducting Machines. China and India are anticipated to take the lead, amid, increasing demand for power in these countries.

Also, as prominent chemical processing and oil & gas companies such as BASF, Dow, Shell, etc. initiates their processing facilities in the region, demand for Automatic Ducting Machine shall witness a rise. Japan is another prominent Automatic Ducting Machines market and is expected to maintain its dominance throughout the forecast period.

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This can be attributed to a number of reasons such as Japan's dominant chemical and rubber industry. Latin America and Eastern Europe are also rising markets in terms of demand for Automatic Ducting Machines, particularly because of rising power demand in the region, and also reviving oil and gas industry. Gas processing in Russia in one such sector which will attract high demand for Automatic Ducting Machines.

Middle East and Africa is also a prominent region in terms of growing demand for Automatic Ducting Machines, as KSA plans to diversify its economy. Furthermore, the region has always been highly dependent on fossil fuels for its power consumption, which will continue to drive demand for Automatic Ducting Machines.

Automatic Ducting Machines Market: Key Players

Some of the key players identified in Global Automatic Ducting Machines market are:-

• Eaton
• Didion Separator
• Colton Industries
• Kelburn Separation Specialists
• Cole Industries Inc.
• Spirax-Sarco Engineering plc
• Forbes Marshall
• Kadant Inc.
• Sesotec GmbH
• Penn Separator Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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