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Global Centrifugal Blower Market to Grow at a CAGR of 4% During 2021-2026, Aided by the Extensive Application of the Product

According to a new report by EMR titled, ‘Global Centrifugal Blower Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.

A centrifugal blower is used to dry or clean parts before processing them. The suction side of a blower can function as a vacuum for cleaning or picking up parts. As centrifugal blowers create high pressure, they are extensively used in drying and air conditioning systems. They are used in building ventilation systems. They are also used to transport gas or materials in industries, such as air conveyor systems, cooling and drying systems, fluid bed aerators, sewage aeration, filter flushing, and gas boosting. Hence, the extensive use of centrifugal blower in various applications is propelling the industry growth. Moreover, the development of efficient, reliable, and heat exchanger blowers, which are associated with several power applications and aid the generating process, are further enhancing the industry growth. In addition, the introduction of blowers that are capable of handling extreme levels of dust-laden and sticky gases while reducing the dust-build-up is anticipated to further augment the growth of the centrifugal blower industry.

The major companies are expanding their services through rising investments, and mergers and acquisitions. Howden Group (LON: HWDN), one of the leading players in the industry, acquired Maintenance Partners NV in May 2021 to increase its focus on the maintenance, repair, and overhaul of industrial compressors, blowers, and steam turbines. The company is acquired to serve mainly the customers of Europe and North America in the industrial, thermal renewables, and PCOG markets. Moreover, the acquisition adds to digital maintenance solutions and global engineering expertise to provide advanced solutions to maximise the performance and uptime of critical process equipment. In addition, this would increase the efficiency of the centrifugal blowers. Such developments and acquisitions are expected to impact the industry growth in the forecast period positively.

Market Analysis by Pressure Type, End-User, and Region:

  • The market, on the basis of pressure type, can be divided into high pressure, medium pressure, and low pressure.
  • Based on end-user, the industry can be divided into cement plant, steel plant, mining, power station, chemical, and pulp and paper, among others 
  • The regional markets for centrifugal blower include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rapid industrialisation and the growing applications of centrifugal blower in mining activities are providing impetus to the market growth.
  • The market is being driven by the rising investments in research and development (R&D) to create a highly effective centrifugal blower.
  • The robust growth of the cement industry and numerous applications of the centrifugal blower in the industry are augmenting the industry growth.
  • The use of centrifugal blowers to ensure complete, safe, smooth, and efficient working food systems in the flourishing food and beverages industry is propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global centrifugal blower market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the pressure types, end-users, and regions of centrifugal blower.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global market for centrifugal blower are Atlas Copco, Howden Group, Vishwakarma Air Systems, and Airmake Cooling Systems, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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