Helical Screw Blowers Market 2020 Outlook By Product, Technology, Application & Forecast To 2024
Category: #headlines  By Rahul Varpe  Date: 2020-03-17
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Helical Screw Blowers Market 2020 Outlook By Product, Technology, Application & Forecast To 2024

Helical Screw Blowers Market share was valued at USD 785 million in the year 2017 and is projected to surpass a revenue of USD 1.15 billion by the year 2024.

Know about Market growth in New Research and its Top growing factors by Key Companies like

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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The worldwide Helical Screw Blowers Market to register a CAGR of 6% over the period of 2018–2024. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2024. The report also includes an in-depth analysis of the market based on its segments and sub-segments.

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.

Report Growth Drivers - 

  1. Increasing demand for high-efficiency screw blowers from food processing sector
  2. Positive outlook from the cement industry in Asia Pacific

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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.

Market Segmentation:

Comprehensive Review of Market Growth, Applications, and Future Prospects

  1. Chemicals & Petrochemicals,
  2. Steel Plants,
  3.  Cement,
  4. Power,
  5. Food & Pharmaceuticals

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Key Reasons to Purchase the Market Report

  1. The report elaborates on an in-depth evaluation of the market with respect to the product type segment, end-use segment, regional segment, and market opportunities till 2024
  2. A detailed data review alongside the meta-analysis of the market – with respect to the global vendors as well as regions – until 2024
  3. An in-depth understanding of the driving factors that will influence the market demand and preventive strengths in the market
  4. The report helps identify the latent growth opportunities of the market along with the CAGR forecast till 2024.
  5. The report will also help identify basic problems, solutions, and product developments to manipulate the progress threat.
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About Author

Rahul Varpe

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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