Positive Displacement Blowers Market is Estimated to Witness High Growth Owing to Increasing Adoption in Energy and Chemical Industries
Positive displacement blowers work on the principle of entrapping a fixed amount of air or gas and forcing/pushing it out into the system. They find widespread applications in industries such as energy and chemicals, where they are utilized for tasks such as pumping air, gases and slurries. The global positive displacement blowers market is projected to grow at a healthy rate during the forecast period, driven by robust demand from various end-use industries.
The Global Positive Displacement Blowers Market is estimated to be valued at US$ 2.31 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the positive displacement blowers are Hitachi Ltd., Busch SE, Gardner Denver, Eurus Blowers, Howden Group, Aerzen, Tuthill Corporation, AMCL Machinery Limited, Kaeser Kompressoren, Airtech Blower Industries, Greatech Machinery Industrial Co. an Ltd. The positive displacement blower market is experiencing robust growth opportunities due to increasing investments in upgrading aged infrastructure and expansion of power generation capabilities. Technological advancements such as integration of brushless DC motors, Variable Frequency Drive (VFD) controls and centrifugal compressors are helping improve the performance and efficiency of positive displacement blowers.
Market drivers
The global Positive Displacement Blowers Market Demand is primarily driven by growing demand from the energy and chemical industries. Positive displacement blowers play a crucial role in transporting gases and liquids in oil & gas pipelines, petrochemical plants, refineries, power plants and various chemical processing units. Growth in energy consumption and increasing investments to expand petrochemical manufacturing capacities across developing regions will continue spurring demand for positive displacement blowers during the forecast period.
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