Title: Positive Displacement Blowers Market - Industry Statistics and Forecast to 2024
1Positive Displacement Blowers Market Growth,
Trends and Forecast Report to 2024
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2- Positive Displacement Blowers Market Scenario
- Technological advancements have lately led to the
manufacture of replacement devices that function
better than these blowers a fact that may
threaten positive displacement blowers industry
outlook. However, these devices are rather
expensive and not very convenient to operate.
This would be specifically advantageous for
markets like China and India that require
relatively low cost wastewater treatment methods.
The emerging economies thus, in the ensuing
years, would prove to be major growth grounds for
positive displacement blowers market, the
valuation of which is expected to exceed 3
billion by 2024. - Positive displacement blowers market has been
projected to record remarkable growth over
2018-2024, given that the product is extensively
deployed across the wastewater treatment, oil and
gas, cement plants, and agriculture industries. - Aerzen USAs recently inaugurated 7 million
addition to its Coatesville area headquarters and
manufacturing facility is an instance depicting
the robust demand for these blowers. Aerzan, one
of the prominent leaders in the positive
displacement blowers industry has indeed passed
another milestone in addition to its already
appreciable contribution toward industrial grade
positive displacement blowers market.
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3Continue-
- Given the robust pace of industrialization,
wastewater production has increased considerably
since the last few decades, a factor that has
provided quite some impetus to the market. In
this regard, Asia Pacific has accounted for a
sizeable share of positive displacement blowers
market share on account of expanding
industrialization scenario in the region. - Consequently, countries like China have also been
focusing on employing means for wastewater
treatment, thereby increasing the demand for
positive displacement blowers. Around 61.5 of
groundwater and 28.8 of river water have been
classified as unsuitable for usage in the
country. A BBC research even depicted that
agricultural wastewater also receives little
treatment in China, on the grounds of which the
government is trying to establish wastewater
treatment facilities in large livestock and
poultry farms. - According to latest reports China is aiming to
massively increase investments in wastewater
treatment, a move that is expected to add
momentum to the regional positive displacement
blowers market over 2018-2024.
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5- The OG industry indeed, is specifically
responsible for the growth of positive
displacement blowers market in the U.S. At the
end of 2017, the U.S. oil and gas industry had
been described to be strong enough with upscaled
crude oil prices and the abundance of
unconventional resources in the U.S. In 2016,
Cobalt, a U.S. based company discovered natural
gas in offshore Angola and recent discovery of
crude and natural gas reserves by Sonangol showed
that it can produce up to 2 million barrels per
day for the coming three years.
- One of the chemical industry players, AkzoNobel
Specialty Chemicals, announced its plan to expand
the capacity of the organic peroxides facility in
Maharashtra, India with an investment of 4
million to cater to the increasing demand for the
chemical in India and the Middle East.
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