Pneumatic Conveying Systems Market

Key Factors Driving Growth of Pneumatic Conveying System Market

1. Low cost: the system is cheaper than its competitors. This is because there are no moving parts, electrical components or hydraulics involved in Pneumatic Conveying Systems . It also does not require extensive labor work compared to belt conveyor.

2. Portable: The material can be stored within the pipeline before being conveyed to its destination. With other types of conveying, it must be stored at a separate area which then makes it vulnerable to external factors like weather conditions deteriorating the quality of the product. Pneumatic pipelines are easily customized according to customer's requirements by connecting several pipelines together to form one continuous line or looping back into itself.

3. Flexible: The material is flexible and can be routed through many different routes. This gives a bigger chance for greater process automation. It can also provide higher security as the material will not be exposed to outside factors like dust, water or heat which might spoil its quality.

4. Smooth flow rate- Pneumatic conveyor has a smooth flow rate compared to other types of conveying systems and uses lower air pressure levels than screw and belt conveyors.

Segmentation:

Global Pneumatic Conveying Systems market is segmented into, technology, operation, industry and chemicals. Based on technology market is segmented into, positive pressure conveying, vacuum pressure conveying, combination conveying. Based on operation market is segmented into, dense-phase conveying, dilute-phase conveying. Based on industry market is segmented into, manufacturing, power generation, pharmaceuticals, food & beverage. Based on chemicals market is segmented into, petrochemicals, metals, minerals, & ceramics, plastic and rubber, pulp and paper, others.

Chemical Industry to hold Prominence in Pneumatic Conveying System Market

Demand for Pneumatic Conveying Systems in chemical industry is expected to remain high during the forecast period 2021-2028. The world’s chemical industry produces some 41 million metric tons of basic chemicals and more than 750 million metric tons of commodity products such as surfactants, organic dyes, additives and intermediates. It is important to note that around 90% percent of all manufactured goods contain some chemical constituents. In total, there are more than 80,000 chemical substances used frequently or occasionally on a global scale. These materials contribute significantly to modern day life and thus any move towards economic development and growth would require a ready supply of these chemicals.

Wherein, Pneumatic Conveying Systems plays a major role in the chemical Industry due to its minimal costs and maximum performance for the movement of goods. The chemical industry has always been on the forefront of adopting new technologies, even more so when it comes to automation. As compared to other modes of conveyance like screw or belt conveyor, Pneumatic Conveying Systems is easy to install and handle. It is also an energy efficient system that can save up to 30% in energy costs by recycling the compressed air at regular intervals.

Asia Pacific to Lead Pneumatic Conveying System Market

Asia Pacific emerged as the leading region in this market because of the high demand for pharmaceutical products, consumer goods, chemicals, food & beverages, and various other process industries in countries such as India and China which drives overall market growth. The Asia Pacific Pneumatic Conveying Systems market is projected to grow at the highest CAGR during the forecast period. The major factor contributing towards this high growth is the increased industrialization and high demand for processed food, pharmaceuticals, chemicals, and other consumer goods in countries such as India and China.

The growth is further supported by increasing demand for end products, advancements in automation technology, and presence of various application industries across the Asia Pacific region. The limiting factor restraining the growth of this market is its high initial cost. This system requires high initial investments owing to large-scale production facilities and expensive machines used in it.

Key Vendors:

Nilfisk Group (Germany), Dynamic Air Inc., OEM (Hillenbrand Inc. (U.S.), Zeppelin Systems GmbH (Germany), and Schenck Process Holding GmbH (Germany) are some of the key players in the pneumatic conveying system market.

The Pneumatic Conveying Systems is Segmented as Follows: