Helical Screw Blowers Market by Industry Analysis, Growth Forecast & Emerging Trends To 2024
Category: #world  By Rahul Varpe  Date: 2020-04-27
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Helical Screw Blowers Market by Industry Analysis, Growth Forecast & Emerging Trends To 2024

Global Helical Screw Blowers Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends.  

The Helical Screw Blowers Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 1.15 billion by 2024, with an anticipated CAGR of 6% through 2024. Global helical (rotary) screw blowers market will grow significantly with a CAGR of 6.0% in the next seven years owing to usage of helical screw blowers in cement industry for blending raw meal; combustion of air, kiln and burner; and aeration of raw materials. India infrastructure industry notably use cement instead of bitumen for construction of new road projects as cements are more durable and cheaper to maintain compared to bitumen. Indian domestic cement consumption has increased from 165.6 million tons in 2011 to over 275 million tons in 2017. Such traits exhibit brighter scope for global rotary screw blowers market in cement industry.

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Food industry significantly requires helical screw blowers for pneumatic conveyance of bulk materials. Increasing demand for high-efficiency blowers from food processing sector will substantially drive the global rotary screw blowers market. Food processing industry optimizes rotary screw blower systems for food plant to manage energy at mill and for reducing wastage. These blowers require only 120 horsepower electricity instead of 320 horsepower to operate, thus resulting in efficient energy saving and reduced maintenance cost for food processing industries. For instance, General Mill, one of the largest food manufacturing company, witnessed over USD 13.5 million in energy saving by 2016 by installing blowers in their food processing plant.

Screw blowers components & parts manufacturers require specialized designs for their structural intricacy. The manufacturing steps including: designing, testing and quality checking are time consuming that in due course reflect on their product price structure. This complex and capital-intensive manufacturing process is likely to hinder market growth over the projected timeframe.

Top Industry Players -

  • Gardner Denver, Inc.,
  • Atlas Copco,
  • KAESER KOMPRESSOREN,
  • Performance System III, Inc.,
  • Universal Blower Pac,
  • Swam Pneumatics Private Limited,
  • Zhejiang Kaishan Compressor Co. Ltd.,
  • Chandler Equipment,
  • Zhengzhou Qugong Machinery Equipment

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Chemical & petrochemical end-user industries will be growing at remarkable pace with a significant CAGR by 2024. Chemicals and petrochemicals industries require rotary screw blowers for conveying raw materials and compressing explosive gases of chemical refineries. These gases include hydrogen, nitrogen, natural, chlorine gas, etc. Power, steel plant and food & pharmaceuticals industries have shown significant growth in terms of both volume and revenue in 2017, which will grow substantially over the projected timeframe.

Middle East and Africa (MEA) will hold high potential in coming years as major oil & gas companies are based in UAE and Saudi Arabia. In addition, ongoing large construction projects in the region will stimulate the demand for cement in future. For instance, projects such as AL-Maktoum International Airport Expansion valued over USD 33 billion is one of the biggest project in Dubai authorized by Dubai Airport Authority (DAA). In May 2016, Majid Al Futtaim company had invested USD 8.2 billion to construct 6 hotels, 28 cinemas, 10 cities centers mall and super markets in UAE within next 10 years. Growth trends in the regional construction industry will positively influence MEA rotary screw blowers market over the projected timeframe.

Prominent helical screw blowers market players are Gardner Denver, Zhejiang Kaishan Compressor Co., Ltd., KAESER KOMPRESSOREN, Universal Blower, Swam Pneumatics Pvt, Chandler Equipment, Zhengzhou Qugong Machinery Equipment, Performance System III, Inc. and Atlas Copco.

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About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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