Regenerative Blower Market 2019-2024 Industry Growth, Trend & Forecast by Top Players Gardner Denver, Hitachi Limited, Becker Pump Corporation, KNB Corporation, Air Control Industries, the Spencer Turbine Company
Asia-Pacific regenerative blowers market is anticipated to witness the highest growth, with a CAGR of over 5% from 2018 to 2025.
Sellbyville, DE -- (SBWire) -- 03/26/2019 --Asia-Pacific regenerative blowers market is anticipated to witness the highest growth, with a CAGR of over 5% from 2018 to 2025. One such plant has been set up in Datangyan Village in the Jiangsu Province, where a sewage treatment network having two treatment devices has been installed. Besides helping the villagers in disposing off sewage and waste water, the plant has been extremely impactful in the aeration of water in Lake Tai, which is one of the biggest freshwater bodies in China. Numerous projects of a similar nature in other Asia-Pacific countries can be envisioned, where regenerative blowers can be employed in wastewater treatment for aeration of sewage, lakes, rivers and other water bodies.
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With the world treading in the direction of rapid urbanization, the regenerative blowers market is determined to grow with a complementary pace as industries are continuously finding effective applications for blowers that can provide large volumes of air. Essentially, the lifetime cost of owning a regenerative blower can virtually be the same as the cost of buying one.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Hitachi Limited
2. Busch LLC
3. Gardner Denver
4. Elektror Airsystems Gmbh
5. Ametek Inc. (Ametek Dynamic Fluid Solutions)
6. KNB Corporation
7. Air Control Industries (ital blowers srl.)
8. Airtech Airsystems Ltd.
9. Atlantic Blowers
10. Gast Manufacturing Inc.
11. Becker Pump Corporation
12. The Spencer Turbine Company
13. FPZ S.p.A.
14. Dustcontrol AB
15. Chuan Fan Electric Co. Ltd.
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To simplify, the exceptional design of regenerative blowers renders them oil-free and devoid of contacting parts, eliminating the need for part replacements and making them practically a maintenance-free equipment. The guaranteed long-life of these blowers owing to such a unique design has driven the regenerative blowers market, which garnered a revenue of USD 750 million in 2017.
The industrial sector contributes a major chunk to regenerative blowers industry on the account of widespread utilization in segments such as chemical, oil and gas, petrochemicals, cutting and stamping, among others where separation and removal of excessive materials is required. Chemical industry, for instance, applies regenerative blowers for extraction of fumes and emissions formed during various processing and filtering operations. The chemical sector in Europe has elevated to astonishing heights, with the total capital expenditure in the segment increasing from USD 18 billion in 2006 to USD 30 billion in 2016. With the region likely to follow this impressive growth pattern, the regenerative blowers market is expected to be dominated by Europe, accumulating up to 30% of the global share by 2025.
In terms of environmental applications, the regenerative blowers market is gradually being tapped into by engineering and energy companies for activities like wastewater treatment, groundwater sparging, landfill gas recovery, air pollution and air & gas sampling or circulation. Worldwide, the escalating population has coerced governments to implement laws and support products for ensuring a greener future. Massive infrastructure projects as part of the industrialization trend in India and China also support the rising population and generate a need for utility supplies. In accordance, the limited availability of resources like water has pushed countries into establishing large-scale facilities that can recycle or treat waste, including wastewater. The regenerative blowers market in Asia-Pacific is an eminent recipient of prolific earnings from wastewater treatment.
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Overall, the regenerative blowers industry has been a beneficiary of a simple but ground-breaking technique, with more advancements being made by companies to offer even more competent products and capture a sizable market share. The intense competition has led to the introduction of lighter, less noisy and more compact blowers which generate greater capacities using lower power. Becker Pump Corporation, Hitachi Limited, The Spencer Turbine Company, Ametek Inc., Busch LLC, Gardner Denver, Atlantic blowers, Gast Manufacturing, KNB Corporation, Chuan Fan Electric Co. are some of the key contenders in the regenerative blowers market.
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