Global
Pneumatic Conveying Systems Market Scenario
The Global
Pneumatic Conveying System Market 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 market 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.
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 market
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.).
No comments:
Post a Comment