Monday 20 January 2020

Global Pneumatic Conveying Systems Industry Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2022


Global Pneumatic Conveying Systems Industry
The Global Pneumatic Conveying Systems Industry is predicted to garner a CAGR of 6% during the forecast period (2012-2022), Market Research Future (MRFR) unveils in a detailed report. The pneumatic conveying system can be defined as the process by which bulk materials are injected or transferred with the help of gas flow. The system transfers powders, granules, and other dry bulk materials with the use of closed horizontal or vertical conveying line.

Market Potential and Pitfalls
The global pneumatic conveying system industry has witnessed a tectonic surge over the past few years, mainly due to rapid industrialization, especially in emerging nations. The surging demand for material handling equipment is likely to favor the market growth. With the expansion in waste treatment and recycling industries, rapid industrialization in the emerging nations, and an upswing in demand for energy efficient systems, the pneumatic conveying system market is likely to gain traction. Increased health-related concerns among the consumers are compelling the manufactures to use automated pneumatic conveying systems as they assure hygiene of products and also prevent contamination of the materials used.  Advancing technology in pneumatic conveyance, coupled with the high availability of advanced products which are integrated with intelligent control technology is triggering the demand from the pneumatic conveying system market.
On the contrary, complex installation, coupled with the high capital investment, is estimated to vitiate the market growth in the foreseeable future.

Global Pneumatic Conveying System Industry Segmental Analysis:
The pneumatic conveying system market is segmented on the basis of type, operation, and end use.
By type, the global pneumatic conveying system industry is segmented into vacuum pressure conveying, positive pressure conveying, and combined combining. Among these, the positive pressure system is predicted to gain prominence as they can operate at high pressure compared to other types of conveying systems.
By operation, the pneumatic conveying system market is segmented into dilute-phase conveying and dense-phase conveying. Among these, the dilute-phase conveying system is predicted to gain prominence as they are extensively used for incessant conveying in industries where abrasion and dilapidation of materials are not major concerns.
By end use, the market comprises ceramic, pharmaceuticals, rubber & plastic, and food. Of these, the pharmaceutical industry is likely to witness high demand for pneumatic systems due to the need to deal with risky and hazardous materials in the production area. The pneumatic conveying system is gaining prominence in the food industry due to the benefits it provides like increased productivity, high reliability, low consumption of energy, reduced risk of material spillage, and low maintenance and operational cost.

Regional Frontiers
Geographically, the pneumatic conveying system market spans across Europe, North America, Asia Pacific, and Rest of the World (RoW).
Considering the global scenario, the Asia Pacific is likely to lead the global pneumatic conveying system market due to rapid industrialization in economies like India and China. The favorable reforms for the development of the manufacturing sector, including pharmaceuticals, food, and ceramic, is likely to dictate the growth trajectory of the market. The current boom in the pharmaceutical industry in the region is poised to accelerate the demand for pneumatic conveying systems. The region has also experienced notable growth in facilities involved in the development of vaccines and biosimilars. Moreover, governments in these nations are actively involved in promoting improved healthcare facilities. Growth opportunities owing to these factors are attracting a large number of pharmaceutical manufacturers to the emerging nations. The shift of the pharmaceutical manufacturing sector from developed to developing nations is likely to create opportunities for the market growth.
Europe is likely to gain prominence due to the increasing demand for hygienic methods in the food production and transfer industry. On the other hand, the FDA has introduced several regulations associated with indirect contaminants in food in North America. This is likely to encourage the market growth in Europe.

Competitive Dashboard
The top players operating in the global pneumatic conveying system market include Flexicon Corporation (U.S.), Hillenbrand Inc. (U.S.), Cyclonaire Corporation (U.S.), Nilfisk Group (Denmark), Schenck Process Holdings GmbH (Germany), Dynamic Air Inc. (U.S.), Zeppelin Systems GmbH (Germany), Vac-U-Max (U.S.), Nol-Tec Systems, Inc. (U.S.), and Macawber Engineering, Inc. (U.S.).








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