The latest research study “Pneumatic Conveying Systems Market Growth: Global Industry Trends, Share, Size, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global pneumatic conveying system market reached a value of US$ 28.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 40.5 Billion by 2027 exhibiting a CAGR of 5.80% during 2022-2027.
A pneumatic conveying system refers to a series of pipelines that assist in moving products by pumping air. It provides a cost-effective way to handle and transfer dry bulk materials without damage by utilizing pressure differential and gas flow. A pneumatic conveying system comprises of a receiver, feed device, conveying pipeline, material introduction point, and gas flow movement device. It is widely used in numerous process plants to transport materials between various storage locations. Presently, dense phase pneumatic conveying systems, which aid in reducing the risk of material degradation and wear, are extensively used across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Pneumatic Conveying System Market Trends and Drivers:
The growing consumption of processed food items, owing to the hectic work schedules of consumers, is one of the primary factors driving the pneumatic conveying system market. In line with this, the rising utilization of pneumatic conveying systems in the pharmaceutical industry to deliver delicate materials, including tablet granulations, active ingredients, finished tablets, etc., is further augmenting the market growth.
Additionally, the inflating need for drugs and medications, on account of the increasing prevalence of several chronic diseases and the easy access to healthcare facilities, is also positively influencing the global market.
Furthermore, the expanding usage of titanium dioxide in the production of paint, inks, plastics, textiles, ceramics, etc., owing to its fine powdering nature, is anticipated to propel the pneumatic conveying system market over the forecasted period.
|Pneumatic Conveying System Market Report Scope|
|Market size value in 2021||US$ 28.4 Billion|
|Market forecast in 2027||US$ 40.5 Billion|
|Growth Rate||CAGR of 5.80% from 2022 to 2027|
|Base year for estimation||2021|
Global Pneumatic Conveying System Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Atlas Copco AB, AZO GmbH + Co. KG, Cyclonaire Corporation, Dynamic Air Inc., Flexicon Corporation, Gericke AG, Hillenbrand Inc., Macawber Engineering Inc., Nilfisk Group, Nol-Tec Systems Inc., Palamatic Process, Schenck Process Holding GmbH and VAC-U-MAX.
The report has segmented the market on the basis of region, technology, operation and end user.
Breakup by Technology:
- Positive Pressure Conveying
- Vacuum Pressure Conveying
- Combination Conveying
Breakup by Operation:
- Dilute-phase Conveying
- Dense-phase Conveying
Market Breakup by End User:
- Rubber and Plastics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.