Growing Demand of Pneumatic Conveying Systems Market and its Global Outlook

The global pneumatic conveying systems market was valued at USD 4.95 Billion in 2015, and is expected to grow at a CAGR of 6.4% from 2016 to 2021. Rapid industrialization in growing economies such as India, Saudi Arabia, UAE, South Africa, and Brazil, growing demand for advanced and energy efficient pneumatic conveying systems and thriving waste treatment industry are driving the pneumatic conveying systems market.

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Pneumatic conveying systems are principally used to transport materials like powders, pellets, and granules from source to destination using pressure conveying or vacuum conveying methods with efficiency and with minimal loss. This method helps to transport a wide variety of materials in various industries like food, pharmaceuticals, power generation, metals, mining, and ceramics among others. This has led to the increasing installation of pneumatic conveying systems across industries.

The positive pressure conveying system segment is estimated to dominate the pneumatic conveying systems market, by technology. The demand for positive pressure system is fueled by its wide range of application and the growing demand for efficient transportation of materials over long distance.

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Rapid industrialization in growing economies such as India, Saudi Arabia, UAE, South Africa, and Brazil, and high demand for processed food are also likely to be among the major driving factors. Moreover, the growth of industries such as food and beverage, manufacturing, power generation, pharmaceuticals, pulp and paper, and chemicals and petrochemicals, is also expected to boost the demand for these pneumatic conveying systems.

The Asia-Pacific is estimated to lead the pneumatic conveying systems market, in terms of growth rate as well as market size, from 2016 to 2021. High growth in the power generation, food and beverage and pharmaceuticals sectors and new and proactive policy reforms to support the growth of the manufacturing sector in India and China are key factors driving the market in this region. U.S. is estimated to be the largest market globally, and is set to grow at promising CAGR from 2016 to 2021. China is expected to follow, registering the highest growth rate during the same period.

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