Pneumatic Conveying Systems Market Analysis

Pneumatic Conveying Systems Market Analysis

Dilute phase conveying systems market accounted for over 70% of the pneumatic conveying systems market share in 2014. It is likely to exhibit significant growth owing to its property of using only air pressure for conveying material. Dense phase was valued over USD 5 billion in 2014 and it is likely to grow at CAGR of over 5% from 2015 to 2022. It involves the usage of transporters such as blow and pressure tanks.
 

Positive pressure system market was evaluated over USD 10 billion in 2014 and is expected to grow at a CAGR of over 5.5% from 2015 to 2022. The surge in demand for pneumatic conveying systems can be attributed to its capacity of conveying bulk materials from one source to multiple destinations. Vacuum systems segment accounted for more than 30% of the overall industry share in 2014. It is projected to exhibit considerable growth rates due to its growing implementations for light and free flowing materials.
 

Pharmaceutical industry was valued over USD 5 billion in 2014 and is estimated to grow at a CAGR of over 5% from 2015 to 2022. The spur in the segment can be subjected to flourishing usage of these systems for staging, blending, granulation, compression, coating and packing. Ceramics industry is anticipated to witness significant growth over the forecast period. It was valued over USD 3.5 billion in 2014 and it is expected to exceed USD 5 billion by 2022. The surge can be attributed to proliferating automation in production units.
 

Asia Pacific is projected to exhibit highest growth owing to the rapid industrialization in the region. China pneumatic conveying systems market size was valued for over USD 1,400 million in 2014 and it is likely to reach USD 2,260 million in 2022 growing at a CAGR of 6.2% from 2015 to 2022. India was valued over USD 777 million in 2014 and it is predicted to reach USD 1,240 million by 2022 growing at a CAGR of 6.1% over the forecast period.
 

Europe pneumatic conveying systems market size was over USD 6 billion in 2014. It is estimated to have considerable growth due to governmental regulations for sanitary operations. The region is anticipated to hold the considerable industry share of more than 30% in 2014.