Home > HVAC & Construction > Positive Displacement Blowers Market
Positive Displacement Blowers Market size exceeded USD 2.1 billion in 2021 and is poised to grow at over 5.4% CAGR from 2022 to 2028. The industry shipments are expected to cross 1,054.4 thousand units by 2028, growing at around 5.4% rate.
Get more details on this report - Request Free Sample PDF
Strong growth in the water & wastewater treatment industry will be an important factor responsible for boosting the industry growth. Water pollution has emerged as a major concern in countries that have experienced severe industrialization for the past four or five years. Manufacturing plants and processing units have led to the significant pollution of water resources in recent times.
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 2.12 Billion |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 3.9% |
2028 Value Projection: | USD 3.02 Billion |
Historical Data for: | 2018 to 2021 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 173 |
Segments covered: | Product, End-user, Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Get more details on this report - Request Free Sample PDF
It is estimated that by 2025, the global water treatment and waste disposal industry will account for USD 674.7 billion as various countries increase their budget allocations for water and sanitation processes. Treatment plants help in the conservation of the environment and will therefore have a positive effect on the market demand.
The high price of positive displacement blowers and growing trade barriers are a threat to the positive displacement blowers market growth. Additionally, the increasing trend of isolation and the ongoing trade wars between countries such as China and the U.S. will also undermine the positive need for migration during 2022 to 2028. Furthermore, there is a threat of replacement of other oils available in the market such as refreshing oils.
The world population is increasing at an exponential growth rate and is projected to cross nine billion by 2045. With the increasing population, the demand for clean & drinkable water will increase, thereby augmenting the role of the water & wastewater treatment industry and increasing the demand for positive displacement blowers. Due to limited water resources, the water & wastewater treatment industry is gaining importance as countries are increasingly allocating more funds for water & wastewater treatments.
Twin-lobe segment is predicted to reach USD 1.75 billion by 2028. The Asia Pacific economy, which includes India, Bangladesh, and Indonesia is the largest consumer of twin-lobe blowers and is likely to create demand for positive displacement blowers.
Get more details on this report - Request Free Sample PDF
The packaging application is set to generate a demand of more than 140 thousand units by 2028. The packaging industry is one of the major consumers of positive displacement blowers. In 2017, the global packaging industry revenue valued at USD 851 billion, and it will exceed the USD 1 trillion mark before 2025. This can be attributed to growing urbanization and the expanding food & beverage and pharmaceutical industry.
Get more details on this report - Request Free Sample PDF
In 2021, Asia Pacific captured the largest share of 33% in positive displacement blowers market and is anticipated to exhibit a growth rate of nearly 5.5% through 2028. The water supply-demand gap will be 40% across Asia by 2030 as 80% to 90% of the wastewater in Asia is discharged without treatment. This factor will open new growth avenues for the industry owing to unexplored potential in wastewater treatment in Asian countries. Moreover, an upsurge in the packaging and manufacturing industries in the region will pave a path for the product.
The key positive displacement blowers market players include Gardener Denver, Busch SE, Eurus Blowers, Hitachi Ltd, Howden Group, Aerzen, Kaeser Kompressoren, Tuthil Corporation, and others. The manufacturers are primarily focusing on expanding its geographic presence through partnerships, joint ventures, and mergers & acquisitions to attain a competitive edge in the industry.
Market, By Product
Market, By End-User
The above information is provided on a regional and country basis for the following: