© 2018 Global Market Insights, Inc. USA. All Rights Reserved Positive Displacement Blowers Market growth drivers in 2018 & Challenges by 2024
Global Market Scenario of Positive Displacement Blowers Industry Industry Tri-lobe blower shall be the fastest growing segment in the overall Positive Displacement Blowers Market during the forecast timeframe. Countries including China, India, Japan are increasingly accepting tri-lobe blowers technology for industrial, oil & gas and chemical applications. In India, twin lobe blowers are still used at a large scale.Positive Displacement Blowers Market Positive Displacement Blowers Market size is forecast to exceed USD 3 billion by 2024; according to a new research report by Global Market Insights, Inc. Positive displacement blowers (rotary lobe blowers) market will be majorly driven by increasing demand from water and waste water treatment industry, which is rapidly growing over past few years. Rising demand for fresh water for drinking, industrialization and agriculture has fueled positive displacement blowers market growth in It is projected that by 2025 global water & waste water treatment industry will reach to USD billion as various countries are increasing the share of their financial budget on water and waste water treatment processes. © 2018 Global Market Insights, Inc. USA. All Rights Reserved
Another prime growth driver for rotary lobe blower market will be packaging industry, which has shown some excellent growth number in past years and is likely to grow with rapid growth rate in future. It is anticipated that by 2024, global packaging industry will cross the mark of USD 1 trillion, this exponential growth in packaging industry shall increase the positive displacement blowers demand over the forecast period. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved
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High rotary lobe blower price and increasing trade barriers pose a threat to rotary lobe blowers market in coming years. Moreover, increasing trend of isolation and ongoing trade wars between countries such as China and U.S. will further hamper the positive displacement blowers demand over the forecast period. There’s threat of substitution from various blower alternatives available in the market such as regenerative blowers. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
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Regional Analysis: Asia Pacific accounted for a major chunk of global rotary lobe blowers market in 2017 and shall continue to hold the same position by Increasing local product manufacturers in the region and multinational giants setting manufacturing plants due to cost competitive labor and vast domestic market shall be propelling product demand across the region. Europe is another prominent market for rotary lobe blowers market due to its rapidly increasing water & wastewater treatment facilities across local levels. European chemical industry generates approximately USD 900 billion revenue every year. Competitive Analysis: The positive displacement blowers market is diverse and includes multi-national players to local medium scale companies as well. The rotary lobe blowers industry has some chief global players including Aerzen, Kaeser, Universal Blower Pac, Shandong Zhangqiu Blower Co., Ltd, Howden, Kay International, Busch SE, Gardner Denver Holdings, Inc, Hitachi Ltd., Siemens and Eurus blowers. Subsidiary and joint ventures are major strategies adopted by players operating in this industry. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This
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