Regenerative Blowers Market Size, By Stage (Single-stage, Two-stage, Three-stage), By End-user (Water & Wastewater Treatment, Food & Beverage, Industrial, Aquaculture, Chemical, Oil & Gas, Medical & Healthcare) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 - 2032
Global regenerative blowers market is speculated to attain high gains through 2032 owing to the growth of the wastewater treatment industry in the Asia Pacific region. In addition, the expansion of the medical sector in North America is likely to foster market growth.
Regenerative blowers are frequently utilized in the healthcare sector to support the movement of air and fluid in large pieces of medical equipment. Additionally, they are utilized in several other processes, including laboratory analysis, dental aspiration, sterilization, surgical fume extraction, support surfaces, pill dispensing, dental vacuum, respiratory support, and oven. For sensitive applications, regenerative blowers provide drying, blow-off, conveying, air rinsing, and static reduction.
Leading companies in the market are vying for acquisitions and partnerships to strengthen their services in the competitive sector. For instance, in August 2019, Gardner Denver acquired Air Compressors and Blowers North Limited, the vacuum pumps, blowers, and compressors manufacturer based in the United Kingdom.
The regenerative blowers market has been bifurcated in terms of stage, end-user, and region.
Based on stage, the three-stage segment is expected to grow at more than 3.5% CAGR from 2023 to 2032. The demand for three-stage regenerative blowers is estimated to expand as the requirement for excessive pressure handling equipment surges. In high-pressure applications where single-stage or double-stage blowers are ineffective, three-stage regenerative blowers with three impellers can be employed.
With respect to end-user, the medical & healthcare segment is poised to garner significant returns over the research timeframe. The increasing aging population and the frequency of chronic illnesses globally, has led to a significant growth in healthcare spending. This has bolstered the demand for regenerative blowers for vivid uses including blood taking equipment, vacuum lifting, and vacuum tools, amongst others. Moreover, the expanding establishment of healthcare facilities across the globe would add to the market growth in the coming years.
From the regional perspective, the Middle East & Africa regenerative blowers market is projected to grow at more than 2.5% CAGR from 2023 to 2032. The demand for the product is anticipated to be driven by the thriving Middle East aquaculture industry. Over the past few years, there have been numerous aquaculture projects proposed and developed in the UAE, Saudi Arabia, and Oman. The development of new projects can be credited to factors such as the lack of freshwater sources, unpredictable weather patterns, adequate space for growing vegetables and fruits, and government initiatives to expand aquaculture, amongst others.
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