Pneumatic Conveying System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global pneumatic conveying system market size reached US$ 30.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 41.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
A pneumatic conveying system provides a cost-effective way to handle and transfer dry bulk materials without damage using pressure differential and gas flow. It consists of a receiver, feed device, conveying pipeline, material introduction point, and gas flow movement device. It is widely used in various types of process plants to transport materials between different storage locations. Nowadays, various dense phase pneumatic conveying systems are available across the globe that significantly reduces the risk of material degradation and wear.
Pneumatic Conveying System Market Trends:
Pneumatic conveying systems are utilized in food processing plants to transport powdered and granular food ingredients like flour, sugar, milk, wheat, coffee, grains, salt, and spices. This, along with the growing consumption of processed food products due to busy working schedules and inflating income levels, represents one of the key factors positively influencing the application of pneumatic conveying systems in the food and beverage (F&B) industry. Moreover, pneumatic conveying systems are employed in the pharmaceutical industry to deliver delicate materials, such as tablet granulations, active ingredients, finished tablets, and a wide variety of excipients. This, in confluence with the escalating need for drugs and medications on account of the rising prevalence of chronic diseases and easy access to healthcare services, is contributing to the market growth. Apart from this, due to the fine powdering nature of titanium dioxide, pneumatic conveying systems are gaining traction over manual conveying methods that are ineffective, expensive, and time-consuming. In addition, the increasing usage of titanium dioxide in the production of paint, inks, plastics, textiles, and ceramics is impelling the market growth. Furthermore, market players are developing innovative pneumatic conveying processes and components to meet increasing customer demands for larger product capacities, greater product variability, and longer conveying distances. This is projected to impel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pneumatic conveying system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Breakup by End User:
Food
Pharmaceuticals
Rubber and Plastics
Ceramic
Mining
Others
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
1. What was the size of the global pneumatic conveying system market in 2022?
2. What is the expected growth rate of the global pneumatic conveying system market during 2023-2028?
3. What are the key factors driving the global pneumatic conveying system market?
4. What has been the impact of COVID-19 on the global pneumatic conveying system market?
5. What is the breakup of the global pneumatic conveying system market based on the technology?
6. What is the breakup of the global pneumatic conveying system market based on the operation?
7. What is the breakup of the global pneumatic conveying system market based on the end-user?
8. What are the key regions in the global pneumatic conveying system market?
9. Who are the key players/companies in the global pneumatic conveying system market?
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