Pneumatic Conveying Systems Market - Regional Analysis and Global Forecast to 2022
Date: 2020-06-12   Author: Ronak Bora  Category: #technology

Pneumatic Conveying Systems Market - Regional Analysis and Global Forecast to 2022

The pneumatic conveying systems market from the food industry is expected to grow at a prodigious pace in the upcoming years. For the records, the industry accounted a revenue share of USD 5.7 billion in the 2014. The growth is attributable to the rising government initiatives and mandates appended for the manufacturing facilities. These reforms aim towards the assurance of high sanitary operations in tandem with the alarming concerns regarding the health and safety issues.

The worldwide pneumatic conveying systems market is poised to gain massive momentum in the upcoming years perhaps attributing to the burgeoning requirement of effective filtration across various applications spanning the food, pharmaceutical, petrochemical, ceramics, and various other sectors. These sectors call for unending demands of material handling equipment providing a thrust to the pneumatic conveying equipment industry expansion.

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Apparently, the petrochemical, chemical processing, and pharmaceutical industries have substantially invested in the expanding market on the grounds of improving the production capacity and sufficing the surging global demand. This has eventually necessitated the need for high process efficiency fueling the global pneumatic conveying systems market dynamics.

Rapid technological innovations in the filter materials have eased the concerns pertaining to the filter capacity issues. In this regard, the positive pressure technology is expected to account for a revenue share of USD 15.5 billion over 2015-2022, whilst the vacuum based technology is slated to depict a CAGR of 30 per cent through 2022.

Allegedly, the replacement of conventional conveyors requires high initial investment which may hamper the market growth in the near future. However, the pneumatic conveying system suppliers and manufacturers are leaving no stone unturned to maintain their strong foothold in the market. The companies like, Flexicon pneumatic conveying systems, Atlas Copco, and others are indulging in mergers, acquisitions, and expansion to amass huge profits in the longer run. As a matter fact, the Flexicon Corp had reportedly, in August this year, announced setting up its office in France with an intent to providing direct sales and application engineering services to the French customers.

The global pneumatic conveying systems market is fragmented into a vast application gamut amongst which the pharmaceutical segment is likely to garner hefty proceeds by 2022. This segmental growth can be aptly credited to the inherent ability of the system to withhold the powder contained within the system. Concurrently, the powder transfer across the segment takes place via the vacuum technology.

Considering the operating principle, pneumatic conveying systems is bifurcated into two main segments: dilute phase conveying and the dense phase conveying system.

As per reliable sources, the dilute phase conveying system is estimated to register a CAGR of 5.5 per cent through 2022 owing to its ability to use air pressure efficiently for the conveying materials.

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Claims have been made that the segment is probable to lead the global pneumatic conveying systems industry, in terms of the revenue share, in the near future.

Speaking of the geographical aspects, the US pneumatic conveying systems market is probable to reach a valuation of USD 6 billion by 2022. This is ascribed to the high feasibility of technologically advanced filters alongside the introduction of novel methods which enable non-free flowing materials to flow easily.

The region is further anticipated to drive North America pneumatic conveying systems market in the years to come by.

Table of Contents (ToC) of the report:

Chapter 5.       Pneumatic Conveying System 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 By 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.decresearch.com/toc/detail/pneumatic-conveying-systems-market-size



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for algosonline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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