PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461401
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461401
Global positive displacement blowers market is estimated to be valued at USD 2.31 Bn in 2024 and is expected to reach USD 3.27 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2023/2024: | US$ 2.31 Bn |
Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: | 5.10% | 2030/2031 Value Projection: | US$ 3.27 Bn |
Positive displacement blowers are mechanical air movers that work by pushing sections of air or gas into a chamber and then closing it off and sending it to the outlet. The positive displacement blowing mechanism allows for high pressure applications as well as relatively constant flow rates, albeit with some pulsations compared to centrifugal and vane blowers. Positive displacement blowers find wide usage in industrial processes that require consistent air pressure or flow, such as wastewater treatment, mining, cement production, and oil and gas industries. Rapid industrialization and infrastructure development activities across developing regions of the world are expected to boost demand for positive displacement blowers in the near future
Global positive displacement blowers market is expected to witness growth at a steady pace over the forecast period. The key factors propelling demand for positive displacement blowers include rapid industrialization and infrastructure development activities across developing nations. For instance, increasing investments in wastewater treatment projects, power plants, mining operations, and cement production facilities are boosting the market growth. The ability of positive displacement blowers to deliver constant air flow or pressure makes them suitable for critical industrial applications. However, high maintenance costs associated with PD blowers due to mechanical wear is a major factor hindering their widespread adoption. Growing adoption of renewable energy presents significant opportunities for players operating in the positive displacement blower market. Increasing investments in biogas plants and natural gas pipeline infrastructure can boost demand.