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Pneumatic Conveying Systems Market: A Comprehensive Trends Analysis Predicts a USD 53.14 Billion By 2032

02-01-2024 12:16 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Pneumatic Conveying Systems Market: A Comprehensive Trends

The report Pneumatic Conveying Systems Market Share, Size, Trends, Industry Analysis Report, By Operation (Dense Phase Conveying, Dilute Phase Conveying); By Technology; By End-Use; By Region; Segment Forecast, 2024 - 2032 gives a detailed insight into current market dynamics and provides analysis on future market growth.

The pneumatic conveying systems market has been experiencing steady growth due to increased industrialization and automation across various sectors. The market size is influenced by factors such as demand from industries like food processing, pharmaceuticals, chemicals, plastics, and construction materials.

Global Pneumatic Conveying Systems Market size and share is currently valued at USD 34.14 billion in 2023 and is anticipated to generate an estimated revenue of USD 53.14 Billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032

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The demand for pneumatic conveying systems is expected to grow significantly across the globe, driven by various end-use industries such as chemicals, food and beverages, and pharmaceuticals. Manufacturing processes are becoming increasingly automated and technologically advanced, thereby elevating the need for efficient material handling systems. Pneumatic conveying systems are gaining popularity due to their capability to handle fragile and sensitive materials with care while maintaining their quality, making them an attractive option for different industries.

However, the market growth of pneumatic conveying systems is hampered by high initial investment costs and energy consumption, along with the availability of alternative conveyancing methods like mechanical conveyors. Despite these factors, the pneumatic conveying systems market is expected to grow considerably. The shift towards automated material handling solutions has created opportunities for pneumatic conveying system providers, driven by an increasing emphasis on workplace safety and ergonomics.

The growth of the pneumatic conveying systems market is also attributed to the increasing focus on automation across various industries. Automation helps businesses simplify their operations, reduce labor costs, and enhance efficiency, leading to a rising demand for advanced conveyancing solutions that can integrate with automated production lines and processes. The market for pneumatic conveying systems is a diverse and competitive industry with several key players competing for market share, including Flexicon Corporation, Nilfisk Group, Atlas Copco AB, and Cyclonaire Corporation.

Some of the major players operating in the global market include:

Atlas Copco AB
Coperion GmbH
Cyclonaire Corporation
Dynamic Air Inc.
Flexicon Corporation
Gericke AG
Hatch
Indpro Engineering Systems Pvt. Ltd.
Nilfisk Group
Nol-Tec Systems Inc.
Piab Group
Pneumatic Conveying, Inc.
Schenck Process Holding GmbH
VAC-U-MAX

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Growth Drivers:

Industrial Automation: As industries strive for efficiency and automation, pneumatic conveying systems offer a reliable solution for material handling, reducing manual labor and enhancing productivity.
Stringent Regulations: Industries, especially in pharmaceuticals and food processing, face stringent regulations regarding hygiene and contamination control. Pneumatic conveying systems provide a hygienic and contamination-free method of material transfer.
Technological Advancements: Continuous advancements in pneumatic conveying technology, including improvements in system design, automation, and energy efficiency, are driving market growth.

Applications:

Food Processing Industry: Pneumatic conveying systems are widely used for handling food ingredients, powders, and additives, ensuring hygiene and preventing contamination.
Pharmaceutical Industry: In pharmaceutical manufacturing, where hygiene and product integrity are paramount, pneumatic conveying systems facilitate the transfer of sensitive materials without risk of contamination.
Chemical and Petrochemical Industry: These industries utilize pneumatic conveying systems for transporting a wide range of powders, granules, and pellets in various processes such as mixing, blending, and packaging.

Pneumatic Conveying Systems Market Report Highlights

In 2023, the dense phase conveying segment held the largest share in the pneumatic conveying systems market. This was mainly due to its exceptional capability to handle a wide range of materials, including those that are usually difficult to convey using other methods.
The segment of vacuum systems is anticipated to exhibit a noteworthy CAGR throughout the projected period due to the surging requirement for effective sanitary material handling solutions across diverse industries.
The pneumatic conveying systems market accounted for the highest revenue share by the food industry segment in 2023. This is because the food industry is one of the largest and most widespread industries globally and involves a diverse range of products that require efficient transportation.
The global pneumatic conveying systems market was dominated by the European region in 2023. This was due to the presence of well-established industries such as food and beverage, pharmaceuticals, and automotive
manufacturing, which are major users of pneumatic conveying systems.

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Polaris Market Research has segmented the pneumatic conveying systems market report based on operation, technology, end-use, and region:

Pneumatic Conveying Systems, Operation Outlook (Revenue - USD Billion, 2019 - 2032)

Dense Phase Conveying
Dilute Phase Conveying

Pneumatic Conveying Systems, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

Combination Systems
Positive Pressure Systems
Vacuum Systems

Pneumatic Conveying Systems, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

Automotive
Cement
Ceramic
Food Industry
Mining
Pharmaceuticals
Rubber and Plastic Industry
Others

Pneumatic Conveying Systems, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Contact Us:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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