Title: Positive Displacement Blowers Market trends research and projections for 2018 - 2024
1 Positive Displacement Blowers Market growth
drivers in 2018 Challenges by 2024
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2Global Market Scenario of Positive Displacement
Blowers Industry Industry
- Tri-lobe blower shall be the fastest growing
segment in the overall Positive Displacement
Blowers Market during the forecast timeframe.
Countries including China, India, Japan are
increasingly accepting tri-lobe blowers
technology for industrial, oil gas and chemical
applications. In India, twin lobe blowers are
still used at a large scale. - Positive Displacement Blowers Market size is
forecast to exceed USD 3 billion by 2024
according to a new research report by Global
Market Insights, Inc. - Positive displacement blowers (rotary lobe
blowers) market will be majorly driven by
increasing demand from water and waste water
treatment industry, which is rapidly growing over
past few years. - Rising demand for fresh water for drinking,
industrialization and agriculture has fueled
positive displacement blowers market growth in
2017. It is projected that by 2025 global water
waste water treatment industry will reach to USD
674.72 billion as various countries are
increasing the share of their financial budget on
water and waste water treatment processes.
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3Continue-
- Another prime growth driver for rotary lobe
blower market will be packaging industry, which
has shown some excellent growth number in past
years and is likely to grow with rapid growth
rate in future. - It is anticipated that by 2024, global packaging
industry will cross the mark of USD 1 trillion,
this exponential growth in packaging industry
shall increase the positive displacement blowers
demand over the forecast period.
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5360 Industry Analysis
- High rotary lobe blower price and increasing
trade barriers pose a threat to rotary lobe
blowers market in coming years. Moreover,
increasing trend of isolation and ongoing trade
wars between countries such as China and U.S.
will further hamper the positive displacement
blowers demand over the forecast period. - Theres threat of substitution from various
blower alternatives available in the market such
as regenerative blowers. -
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6Industry Background
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7- Regional Analysis
- Asia Pacific accounted for a major chunk of
global rotary lobe blowers market in 2017 and
shall continue to hold the same position by 2024.
Increasing local product manufacturers in the
region and multinational giants setting
manufacturing plants due to cost competitive
labor and vast domestic market shall be
propelling product demand across the region. - Europe is another prominent market for rotary
lobe blowers market due to its rapidly increasing
water wastewater treatment facilities across
local levels. European chemical industry
generates approximately USD 900 billion revenue
every year. - Competitive Analysis
- The positive displacement blowers market is
diverse and includes multi-national players to
local medium scale companies as well. The rotary
lobe blowers industry has some chief global
players including Aerzen, Kaeser, Universal
Blower Pac, Shandong Zhangqiu Blower Co., Ltd,
Howden, Kay International, Busch SE, Gardner
Denver Holdings, Inc, Hitachi Ltd., Siemens and
Eurus blowers. Subsidiary and joint ventures are
major strategies adopted by players operating in
this industry.
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Blowers Market _at_ https//www.gminsights.com/indust
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