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Positive displacement blowers market revenue from the twin lobe product type is estimated to reach over USD 2 billion by 2032. Asia Pacific countries such as Indonesia, India, and Bangladesh are among the largest consumers of twin-lobe blowers driven by rapid industrialization, which is expected to offer lucrative scope for product development and distribution. For instance, according to a recent report by ICRA, India’s cement production is said to record 18-20% growth in terms of volume.
The industry size from industrial applications is projected to exhibit 5.5% growth between 2023 and 2032. The fast-paced industrial revolution 4.0 in developing and developed nations together with next-generation technologies and favorable government interventions are some of the promising developments complementing the segment growth. The abundant availability of raw materials and natural resources and favorable labor costs in the emerging economies are fostering new industrial activities, indicating considerable scope for the blowers on large-scale.
The North America positive displacement blowers market is poised to reach USD 750 million by 2032. The presence of a vast industrial base offers substantial business prospects for blower manufacturers in the region. The increasing focus of government bodies in the U.S. and Canada on scaling up the capabilities of water and wastewater treatment plants will further fuel the product requirements. The rising prevalence of waterborne illnesses and infrastructure has accelerated investments in water treatment technologies. Additionally, the majority of the capital influx is dedicated to resource management and capacity conservation to address high energy consumption challenges.