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Positive Displacement Blowers Market to exceed $3.5 Bn by 2032
Published Date: December 5, 2022Positive Displacement Blowers Market size is anticipated to cross USD 3.5 billion by 2032, according to the recent research report by Global Market Insights Inc.
Growing focus on water and wastewater treatment technologies will complement the positive industry outlook. Due to the growing requirement for energy-efficient technologies, rotary screw blowers have gained momentum in recent years. They are 30% more energy efficient than traditional rotary lobe technology or root blowers and help operators achieve energy savings with a minimal environmental impact.
Rapid industrialization in developing countries to scale up the adoption of tri-lobe blowers
Positive displacement blowers market valuation from tri-lobe blowers is estimated to reach USD 1.5 billion by 2032. Tri-lobe blowers offer exceptional benefits across manufacturing and industrial applications where heavy-duty equipment plays a critical role. Several developing and developed nations such as India, China, and Japan are rapidly opting for tri-lobe technology in chemical extraction, oil & gas, and a wide range of industrial processes. Greater strength and protection of downstream products and equipment through high-frequency, and low-energy pulses will accelerate user inclination toward tri-lobe blowers.
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Growing energy consumption from fossil fuels to accelerate the acceptance of blowers in oil & gas applications
The oil & gas end-user segment is estimated to be worth USD 300 million by 2032. Rising political tensions over the last decade have onset the race to achieve fuel independence. As a result, Iran, Russia, the U.S., and OPEC, some of the world’s largest oil & gas producers have been forced to ramp up production, which will propel the demand for positive displacement blowers. Despite the ongoing trends associated with renewable energy, fossil fuels continue to account for a large majority of energy needs, both commercial and residential.
Browse key industry insights spread across 270 pages with 150 market data tables & 25 figures & charts from the report, “Positive Displacement Blowers Market Size By Product (Twin Lobe, Tri-lobe), By End-user (Water & Wastewater Treatment, Packaging, Industrial, Aquaculture, Oil & Gas, Chemical, Power Generation), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 – 2032”, in detail along with table of content
https://www.gminsights.com/industry-analysis/positive-displacement-blowers-market
Rise in water treatment initiatives to augment MEA industry size
Middle East & Africa positive displacement blowers market is projected to observe 4% CAGR between 2023 and 2032. Growing industrial productivity across countries such as UAE and Qatar with rising espousal of water & wastewater treatment processes to adhere to industrial sewage disposable standards will propel product demand in MEA. For instance, in March 2022, UAE unveiled the UAE Water Security Strategy 2036 to ensure the sustainability and accessibility of clean water resources during extraordinary conditions. Meanwhile, numerous initiatives in Qatar are emphasizing on the need for proper sewage management, which offers lucrative scope for the manufacturers.
Strategic alliances to foster business expansion
Hitachi Ltd., Busch SE, Gardner Denver, Eurus Blowers, Howden Group, Aerzen, Tuthill Corporation, AMCL Machinery Limited, Kaeser Kompressoren, Airtech Blower Industries, Greatech Machinery Industrial Co., Ltd., KPT Blowers, Blowvacc Transmission Private Limited, HR Blowers are some of the leading companies in the global positive displacement blowers market.
These participants are signing deals and agreements with suppliers and distributors for increased market presence and scaled revenues. In November 2022, HR Blowers UK selected Howden UK as the official distributor of its positive displacement blowers and pump portfolio.