China pneumatic conveying system market is expected to attain USD 2.2 billion by 2022 with a CAGR of 6.2% during the forecast timeline. Indian industry is expected to reach USD 1.2 billion by 2022 at a CAGR of 6.1%. Europe is expected to witness growth on account of government regulations targeted at sanitary operations.
Pharmaceutical sector, estimated at USD 5 billion in 2014, will propel pneumatic conveying system market development over the coming timeline. The growing popularity of this system across pharmaceutical sector can be credited to the escalating demand for power transfer through vacuum. Ceramics sector will surpass USD 5 billion by 2022, and is forecast to contribute substantially towards pneumatic conveying system market size over the forthcoming years, driven by the automation of processes in various industrial establishments.
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Based on the operating principle, pneumatic conveying system is segmented into two main types – Dilute Phase Conveying System and Dense Phase Conveying System. Dilute phase conveying system is expected to record a CAGR of 5.5% over 2015-2022. It is likely to dominate global pneumatic conveying system market revenue over the next few years, driven by its ability to use air pressure effectively for conveying materials. Dense phase conveying system, estimated at USD 5 billion in 2014, will record significant gains over the coming timeline, driven by the efficient usage of pressure and blow tanks.
Varied benefits offered by the equipment are cost savings, improved quality, increased productivity and minimized production downtime. End user industries are petrochemical, rubber & plastic, chemical, ceramic, waste water management, food, cement industry and pharmaceutical is anticipated to spur the industry. Players are showing interest in this equipment installation for better production and prevent product contamination from dust particles. These advantages support the growth of pneumatic conveying system market.
Installation of the equipment involves high investment costs which may restrict the manufacturers to employ in their facility. In addition, bulky material notably rocks and gravel are difficult to transmit and a few sticky substances produce a coating on the surface area, thereby blocking the further process. These factors contribute to the decline of pneumatic conveying system market share over the forecast timeframe.
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Market players will try to increase their ROI through strategic alliances and new product launches. Key industry participants include Gericke, Pneucon Valves Private Limited, Atlas Copco, Flexicon Corporation, Coperion K-Tron, Dynamic Air Incorporation, Schenck Process LLC, Dong Yang P&F Company, Cyclonaire Corporation, and AZO GmbH & Co. KG.
Some Points From Table Of Content: –
Chapter 4. Pneumatic Conveying System Market Operating Principle Insights
4.1. Global market share by operating principle, 2014 & 2022
4.2. Dense phase conveying
4.2.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
4.3. Dilute phase conveying
4.3.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
Chapter 5. Pneumatic Conveying System Market Technology Insights
5.1. Global market share by technology, 2014 & 2022
5.2. Positive pressure system
5.2.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
5.3. Vacuum system
5.3.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
5.4. Combination system
5.4.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
Chapter 6. Pneumatic Conveying System Market End-use Insights
6.1. Global market share by end-use, 2014 & 2022
6.2.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
6.3.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
6.4.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
6.5. Rubber & plastic
6.5.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
6.6.1. Global market estimates and forecasts by region, (USD Million), 2012 – 2022
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