Regenerative Blowers Market size to exceed $1 Bn by 2026
Published Date: December 8, 2020 Authors: Kiran Pulidindi, Akshay Prakash
Regenerative Blowers Market size is likely to surpass USD 1 billion by 2026, according to a new research report by Global Market Insights, Inc.
Regenerative blowers are used in many industrial sectors such as manufacturing, textile, chemical processing, printing, electro-plating, etc. These are used as an alternative to positive displacement blowers due to their benefits such as robustness, maintenance-free, efficient performance, quiet operation, lightness, mechanical efficiency, etc.
In manufacturing, these blowers are extensively used in pneumatic conveying, scrap collection, vacuum transfer, air bearing workstations, batch processing, furnace combustion air, parts processing, and packaging. Economic growth, financial investments and advent of technology will enhance the growth of manufacturing sector thereby propelling the regenerative blowers market demand.
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Regenerative blowers are the go-to solutions for the aquaculture industry for the requirements of high oxygen, reliable service and low energy consumption. These blowers don’t have any seals and are lubrication free thereby having low maintenance needs. The product is used in aquaculture and shallow fishponds for aeration, recirculating fish systems, and bait holding facilities. The growth of the aquaculture industry will be driven by the population growth, rising consumption of seafood, and changing culinary habits which will in turn drive market revenue.
The coronavirus crisis is expected to negatively influence the regenerative blowers market growth over a short term. Due to the shutdown of production facilities of chemical products, industrial, medical & healthcare equipment and many others, there is a significant reduction in the product demand worldwide. New production of petrochemical and related products has been declined, which will plummet the product sales as these are used for various treatment processes for repeated aeration of the effluents. However, market growth will return to normalcy after lifting of lockdown restrictions and will gain momentum by 2026.
Browse key industry insights spread across 380 pages with 287 market data tables & 25 figures & charts from the report, “Regenerative Blowers Market Size By Stage (Single-stage, Two-stage, Three-stage), By End-user (Water & Wastewater Treatment, Food & Beverage, Industrial, Aquaculture, Chemical, Oil & Gas, Medical & Healthcare), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
Two-stage regenerative blowers will exhibit steady growth
Two stage segment give a pressure range of 3-6 psig up to 100 cfm range while 4-8 psig pressure from 100 to 700 cfm. The segment is projected to witness over 4% CAGR from 2020 to 2026. These blowers can be used for high pressure applications such as sparging, wastewater treatment plants, dental vacuum, etc. The growth in water treatment industry and rising demand for dental equipment from the healthcare industry will be major drivers. Moreover, developments in the global oil & gas and chemical industries will propel the two-stage regenerative blowers market demand.
Solid growth trajectory associated with chemical industry will benefit the market expansion
The blowers are used in chemical industry in degasification treatment, as an electrolyte stirrer, air supply, conveyor systems, etc. The chemical application is predicted to generate around USD 180 million by 2026. Urbanization, financial backing and supportive government initiatives will trigger the growth of chemical sector across the globe. Additionally, rising consolidation in conjunction with increasing research & development activities will pave the way for the growth of chemical sector in future. This in turn will spur the product sales within chemical sector during the forecast time span.
Asia Pacific displays promising growth trends in upcoming years
Asia Pacific regenerative blowers market to capture more than 25% share by 2026 owing to developments in food & beverage industry. These are extensively used in food & beverage industries for a variety of applications like bag packaging equipment, product drying, pneumatic conveying systems, automatic bottling machines, vacuum packaging, shrink wrapping, etc. Rapid urbanization, high disposable income, and lifestyle changes will boost the consumption of packaged food & beverage products. Another factor behind APAC market expansion is high growth associated with manufacturing sector. Moreover, growth in the aquaculture industry in China and India will bolster the industry demand in future.