Centrifugal Blower Market Size - By Pressure (High, Medium, Low), By End-user (Cement Plant, Steel Plant, Mining, Power Station, Chemical, Pulp & Paper), COVID-19 Impact Analysis & Forecast, 2022 - 2028

Centrifugal Blower Market Size

Centrifugal Blower Market size exceeded USD 2.86 billion in 2021 and is poised to grow at a CAGR of over 4.1% from 2022 to 2028.
 

Expanding construction sector is the major factor fueling the industry growth. The global construction industry is likely to grasp USD 10.5 trillion by 2023. The accelerating growth in the construction output is primarily fueled by the pickup in infrastructural activities in advanced economies with combined growth in these markets rising to 2.7% compared to 2.0% in 2021. Furthermore, increasing infrastructural activities and rising housing starts due to growing urbanization and population are boosting the market demand. Rising demand for cement in the construction sector will also augment the product penetration.
 

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Additionally, the rising energy demand will increase the demand for electricity generation in the U.S., which will propel the centrifugal blower market expansion. Presently, the U.S. is progressing into a promising competitive situation owing to the low cost of energy accessible to manufacturers. The U.S. manufacturing industry is expected to rise a few points more than its GDP. Therefore, even if it grows by 1.5% to 2% per year, there will be a much stronger scenario for industrial power demand.
 

The novel coronavirus has negatively impacted the overall supply chain. The COVID-19 crisis has impacted a wide range of activities such as raw material supply, selling & distributions, after-sales services, etc. Moreover, centrifugal blowers require space and are heavy while some blowers may weigh in tons. Oversized centrifugal blowers are a problem for some industries where space may be an issue. However, high production and maintenance costs by belt adjustment and motor used for driving blowers are obstructing the market statistics.
 

Centrifugal Blower Market Analysis

High-pressure centrifugal blowers market is predicted to hold around 60% share by 2028. High-pressure centrifugal blowers can create a pressure of up to 35,000 Pa. These blowers are perfect for high endurance operations that can only be overcome using high-pressure utilities. They are majorly used across the steel, cement, pulp & paper, chemical, and mining industries.
 

For instance, in the chemical industry, centrifugal blowers are used to exhaust hazardous, corrosive, or high-temperature gases from plants. High-pressure blowers are mainly used in ventilation, cooling or exhaust gas systems in the mining industry. They blow air into the ducts, tunnels, and underground passages.
 

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The centrifugal blower market from pulp & paper industry is set to generate about USD 750 million revenue by 2028. The pulp & paper sector is a large and growing portion of the world's economy. It is one of the largest industries and is dominated by Northern European, North American, and East Asian organizations. The enforcement of environmental protection taxes in major economies directly replaces sewage charges. These taxes are incorporated directly into the local government taxation systems.
 

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Europe is anticipated to account for 750 thousand units demand by 2028. Business conditions in the European construction sector have improved evidently since 2021 led by a high level of business & consumer sentiment, improved budget deficits, and easy access to finance in various European countries has permitted governments to raise investments in public construction activities. Housing consumption will be driven by a strong level of consumer confidence. Migrant inflows will also spur the demand for fresh housing services. Overall, the healthy GDP of Europe will propel the consumption of steel and products of other related industries.
 

Centrifugal Blower Market Share

The industry is vastly fragmented by the existence of several large, medium & small-scale manufacturers. Leading players in the centrifugal blower market are:

• Atlas Copco
• Alfotech Fans
• KAESER KOMPRESSOREN
• HSI Blower
• Airmake Cooling Systems
• Aerotech Equipments and Projects Pvt. Ltd
• CLEANTEK
• Atlantic Blower
   

This centrifugal blower market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units and revenue in USD million from 2018 to 2028 for the following segments:

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Market, By Pressure

• High
• Medium
• Low

Market, By End-user

• Cement plant
• Steel plant
• Mining
• Power station
• Chemical
• Pulp & paper
• Others

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
• Latin America (LATAM)
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE