Pneumatic Conveying Systems Market share forecast to surpass USD 30 billion by 2022

• The report "Pneumatic Conveying Systems Market Size By Technology (Vacuum Systems, Positive Pressure Systems, Combination Systems), By Operating Principle (Dense Phase Conveying, Dilute Phase Conveying), By End-Use (Pharmaceutical, Ceramic, Food, Rubber & Plastic), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022", says that pneumatic conveying systems market share to reach USD 30.67 billion by 2022; as per a new research report by Global Market Insights, Inc.

Pneumatic Conveying System Market will witness a massive surge over the coming five years owing to the growing requirement for effective filtration across the petrochemical, food, pharmaceutical, rubber & plastic, chemical processing, and ceramic sectors. Food sector, worth USD 5.7 billion in 2014, is expected to grow at a rapid pace in the coming years.

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Rapid technological advancements along with the escalating urge for improving the conveying process efficacy will further boost market demand. Customers prefer the pneumatic conveying system over its mechanical counterpart due to the former’s favorable features such as the low space requirement and flexibility.

Pharmaceutical sector, estimated at USD 5 billion in 2014, will propel pneumatic conveying system industry development over the coming timeline. The growing popularity of this system across pharmaceutical sector can be credited to the escalating demand for power transfer through vacuum. Ceramics sector will surpass USD 5 billion by 2022, and is forecast to contribute substantially towards pneumatic conveying system market size over the forthcoming years, driven by the automation of processes in various industrial establishments.

Based on the operating principle, pneumatic conveying system is segmented into two main types – Dilute Phase Conveying System and Dense Phase Conveying System. Dilute phase conveying system is expected to record a CAGR of 5.5% over 2015-2022. It is likely to dominate global pneumatic conveying system market revenue over the next few years, driven by its ability to use air pressure effectively for conveying materials.

Dense phase conveying system, estimated at USD 5 billion in 2014, will record significant gains over the coming timeline, driven by the efficient usage of pressure and blow tanks. Taking into consideration the regional trends, Asia Pacific pneumatic conveying system industry is forecast to display highest growth over the next few years. Speedy industrial development across India and China is expected to drive the regional growth. Pneumatic Conveying System market in China is projected to grow at a rate of 6.2% over 2015-2022. Driven by the high rate of industrialization, India Pneumatic Conveying System industry is anticipated to hit USD 1,240 million by 2022.

Browse key industry insights spread across 102 pages with 64 market data tables & 57 figures & charts from the report, "Pneumatic Conveying Systems Market" in detail along with the table of contents:

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U.S. industry is anticipated to reach USD 6 billion by 2022, and will drive North America Pneumatic Conveying System market in the years ahead. Easy availability of technologically advanced filters along with the introduction of novel methods that facilitate free material flow will contribute significantly towards the expansion of the industry.

Europe Pneumatic Conveying System industry value, which was estimated at USD 6 billion in 2014, will grow considerably over the coming five years. Stringent rules for maintaining sanitation and improved hygienic standards will boost the regional revenue. Market players will try to increase their ROI through strategic alliances and new product launches. Key industry participants include Gericke, Pneucon Valves Private Limited, Atlas Copco, Flexicon Corporation, Coperion K-Tron, Dynamic Air Incorporation, Schenck Process LLC, Dong Yang P&F Company, Cyclonaire Corporation, and AZO GmbH & Co. KG.

Table Content of Pneumatic Conveying Systems Market

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1. Initial data exploration

1.1.2. Statistical modeling and forecast

1.1.3. Industry insights and validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. Pneumatic conveying system industry 360° synopsis, 2012 - 2022

Chapter 3. Pneumatic Conveying System Industry Insights

3.1. Industry Segmentation

3.2. Industry Size and forecast

3.3. Industry ecosystem analysis

3.3.1. Vendor landscape

3.4. Industry Impact forces

3.4.1. Growth drivers

3.4.2. Industry pitfalls & challenges

3.5. Growth potential analysis

3.6. Porter's analysis

3.7. Pneumatic conveying system key company landscape, 2014

3.7.1. Company strategy overview

3.8. PESTEL analysis

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