DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Pneumatic Conveying Systems Market by Type (Positive Pressure Conveying, Vacuum Pressure Conveying and Combined Conveying), Operation (Dense-phase conveying and Dilute-phase conveying), Industry and Region - Global Forecast to 2021" report to their offering.
The pneumatic conveying systems market is projected to reach USD 7.04 billion by 2021, growing at a CAGR of 6.4% from 2016 to 2021.
Pneumatic conveying systems are principally used to transport materials like powders, pellets, and granules from source to destination using pressure conveying or vacuum conveying methods. Rapid industrialization in emerging economies, thriving waste treatment industry, and increasing awareness about energy saving and energy efficiency are expected to drive the pneumatic conveying systems market.
Positive pressure conveying systems are expected to hold a larger share of the market by technology in the pneumatic conveying systems market. The major driving factor for the system is likely to be the growing demand for high efficiency systems. The system is used to transport heavier materials in form of particles, gravel, and powder among others over a longer distance. The application of the system ranges from medium to high pressure. It can be used for effectively transfer of free flowing, granular, sticky or very fine material. On the other hand, in the vacuum conveying system the material is transferred under low pressure and for short distances. The market for positive pressure conveying system is expected to grow at a promising rate during the forecast period due to their wide range of applications and higher efficiency.
Asia-Pacific is currently the largest market for pneumatic conveying systems, closely followed by North America. The Asia-Pacific market is primarily driven by countries such as China, India, Australia, and Japan, among others, where there is high demand for pneumatic conveying systems. The market in this region is projected to grow at a high rate, with India expected to dominate the market.
Market Dynamics
Drivers
- Industrialization in Emerging Economies Would Increase Demand for Pneumatic Conveying Systems
- Increasing Demand for Energy-Efficient Pneumatic Conveying System
- Thriving Recycling and Waste Treatment Industry
Restraints
- Sluggish Growth of the Metals & Minerals Industry
Opportunities
- High Growth Opportunities in Food, Rubber & Plastics, and Pharmaceuticals Industries
Challenges
- High Installation and Deployment Cost
Supply Chain Analysis
- Raw Material/Component Suppliers
- Oem Manufacturers & Assemblers
- Distributors
- End-Users
Companies Mentioned
- Azo Gmbh + Co. Kg
- Clyde Bergemann Power Group
- Cyclonaire Corporation
- Dynamic Air Inc.
- Flexicon Corporation
- Hillenbrand Inc.
- KC Green Holdings Co. Ltd.
- Macawber Engineering, Inc.
- Motan Colortronic
- Nilfisk Group
- Schenck Process Holdings Gmbh.
- Vac-U-Max
- Wamgroup S.P.A
- Zeppelin Systems Gmbh
For more information about this report visit http://www.researchandmarkets.com/research/tzrhfg/pneumatic
