IMARC Group, a leading market research company, has recently releases report titled “Industrial Air Blower Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032” offers a comprehensive analysis of the industry, which comprises insights on the industrial air blower market analysis. The global market size reached US$ 5.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.85% during 2024-2032.
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Factors Affecting the Growth of the Industrial Degreaser Industry:
- Advancements in Manufacturing and Maintenance Practices:
The improvement of manufacturing and maintenance practices in various industries, such as automotive, aerospace, and general manufacturing is bolstering the market growth. The need for effective cleaning and maintenance solutions, including degreasers, is becoming more pronounced with the increasing complexity of machinery and components. High-performance degreasers are essential for ensuring the longevity and efficiency of equipment, as they help in removing tough greases, oils, and contaminants that can cause machinery wear and tear. In addition, the growing focus on preventive maintenance to avoid costly downtimes and equipment failures is positively influencing the market.
- Stringent Environmental Regulations:
The increasing implementation of stringent environmental regulations across various countries is impelling the market growth. Governments and international bodies are focusing on reducing the environmental impact of industrial activities, leading to stricter controls over the emission of volatile organic compounds (VOCs) and the use of toxic substances. This shift is prompting companies to adopt eco-friendly and sustainable cleaning solutions, thereby driving the demand for green and bio-based degreasers. These regulations are not only encouraging the development of safer, more eco-friendly degreasing agents but also promoting practices that minimize the ecological footprint of industrial operations.
- Technological Innovations in Degreasing Solutions:
The advancements in degreasing solutions to enhance their functionalities are contributing to the market growth. Innovations are also focused on reducing environmental impact and meeting specific industrial needs. Furthermore, developments in microemulsion and bio-based technologies offer powerful cleaning performance while being eco-friendly. Ultrasonic degreasers, which use high-frequency sound waves for cleaning, are gaining popularity for their efficiency in removing contaminants from intricate parts. Additionally, the integration of automation in degreasing systems is improving precision and reducing labor costs in industries. These technological advancements not only cater to the evolving requirements of various industries but also align with sustainability trends.
Leading Companies Operating in the Global Industrial Air Blower Industry:
- Air Control Industries Ltd
- Airtech Blower Industries
- Atlantic Blowers
- Atlas Copco
- Cincinnati Fan (SPX Corporation)
- Everest Blower Systems Pvt. Ltd.
- Gardner Denver
- Gasho Inc.
- Howden Group Limited (Howden Group Holdings)
- Kaeser Compressors Inc
- Taiko Kikai Industries Co. Ltd.
- Usha Neuros.
Industrial Air Blower Market Report Segmentation:
By Type:
- Positive Displacement
- Centrifugal
Centrifugal represents the largest segment as centrifugal air blowers are known for their versatility and efficiency in various industrial applications.
By Business Type:
- Equipment Sales
- Services
On the basis of the business type, the market has been bifurcated into equipment sales and services.
By End User:
- Food and Beverage
- Wastewater Treatment
- Pharmaceutical
- Chemical and Petrochemical
- Others
Chemical and petrochemical account for the largest market due to their reliance on precise and reliable air handling systems for processes, such as gas circulation, pneumatic conveying, and fume exhaust.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position in the industrial air blower market on account of rapid industrialization and infrastructure development.
Global Industrial Air Blower Market Trends:
The advent of industry 4.0 is resulting in the integration of automated systems and robotics in industrial maintenance. This automation requires specialized degreasers compatible with automated systems and capable of delivering consistent, high-quality cleaning without manual intervention. These degreasers are formulated to work effectively in automated cleaning systems, ensuring precise application and reducing waste.
Besides this, the growing demand for customized and specialized degreasing solutions is offering a favorable market outlook. Manufacturers of industrial degreasers are offering bespoke formulations designed for unique industrial applications, such as aerospace components, electronic circuit boards, or food processing equipment. This shift towards customization allows industries to achieve optimal cleaning results while ensuring the integrity and longevity of their equipment and products.
Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
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