Growing demand for efficient and effective solutions for industrial applications such as metal finishing, semiconductor, laboratory (or fume hoods), chemical, pulp and paper, wastewater treatment, fertiliser, pharmaceutical, and others is one of the factors propelling the growth of the corrosion resistant blower market. Additionally, the expansion of government restrictions to lessen air pollution is promoting this industry.
Due to their capacity to provide air effectively in challenging settings, corrosion resistant blowers are becoming more and more necessary. These have been built using unique materials and parts that make them incredibly strong and reliable, even when they are exposed to highly corrosive substances or liquids. These blowers also provide increased energy efficiency, resulting in reduced long-term operating costs.
The market for corrosion-resistant blowers has a number of advantages, including greater energy efficiency, lower operating costs, and extremely effective air delivery. Additionally, the unique materials and components used in the design of these blowers make them incredibly dependable in challenging conditions. Lower pollutants, low noise levels, and ease of maintenance are some of the additional benefits.
A blower that resists corrosion is a device for forced ventilation. These are carefully made using components and materials that make them extremely resistant to severe situations, including caustic liquids or substances. By reducing the amount of pollutants released into the environment, corrosion-resistant blowers contribute to the reduction of air pollution.
In the coming ten years, the market for corrosion-resistant blowers is anticipated to expand dramatically. At a projected CAGR of 5.6%, this market is expected to reach USD 10.8 billion by 2021 and USD 15.5 billion by 2031.
The rising demand for corrosion-resistant blowers from end users in the residential, commercial, and industrial sectors is responsible for the expansion of this market.
Due to the existence of less expensive alternatives, the corrosion resistant blower market is anticipated to expand slowly in some geographic areas. This is due to the rising cost of the raw materials and components used to make these blowers, which makes them more expensive. Additionally, in some regions, end-users' lack of understanding can cause the market to move more slowly.
Atlas Copco, Siemens AG, Borets Company Ltd., Gardner Denver, Inc., SPX Flow, Inc., Howden Group Limited, Kysor Warren LLC (Emerson), Ingersoll Rand plc, Blackmer Corporation, and Nash Engineering Co. are the key market participants for corrosion-resistant blowers. To acquire a competitive advantage in the market, these businesses are concentrating on launching novel and ground-breaking items.
The Single-Stage Blowers segment to form major portion of the market
During the projected period, the single-stage blowers sector is anticipated to develop at the greatest CAGR. This can be attributable to the fact that it uses less energy and is more efficient than multi-stage blowers. Single-stage blowers are extremely economical, making them appropriate for a variety of industrial applications.
Semiconductor segment segment to be on top of the market
During the projection period, the semiconductor segment is anticipated to develop at the greatest CAGR. Due to their improved operational efficiency and long-term durability, corrosion resistant blowers are becoming more and more in demand from the semiconductor sectors.
Asia Pacific to dominate the market
The forecast period is expected to see the highest growth in the Asia-Pacific region. This can be linked to the rising infrastructure development spending brought on by the quick industrialization of nations like China, India, and South Korea. Additionally, the presence of numerous semiconductor manufacturers in this area is anticipated to fuel industry expansion.
Covid-19 Impact & Market Status
Due to the disruption it generated in supply chain and production processes, the COVID-19 pandemic has had a severe effect on the corrosion resistant blower industry. Short-term market growth is projected to be hampered by the decline in demand for these items from end-users such residential, commercial, and industrial customers. However, as the situation becomes more normal, the market is anticipated to rise steadily in the years to come. In conclusion, factors like rising end-user demand and technological advances are projected to contribute to the corrosion resistant blower market expanding significantly during the forecast period. Among the key market segments anticipated to have rapid expansion during the projected period are single-stage blowers, semiconductor applications, and the Asia Pacific region. The global economy has been severely impacted by the COVID-19 pandemic, and the corrosion resistant blower market is no exception.
Latest Innovations in the Global Corrosion Resistant Blower Market: A Snapshot
Atlas Copco introduced a new line of corrosion-resistant blowers in 2020 that are intended to be more dependable and efficient than conventional blowers.
Gardner Denver has unveiled a new line of corrosion-resistant blowers that are built to withstand the rigours of numerous industrial applications.
In order to produce corrosion-resistant blowers for industrial and commercial applications, Borets Company Ltd. and Kysor Warren LLC (Emerson) have announced a strategic alliance.
Corrosion Resistant Blower Market Scope
|Revenue forecast in 2031
|USD 15.5 billion
|CAGR of 5.6% during 2021-2031
|Type, Application, Laboratory, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
|Key Players Profiled
|Atlas Copco, Siemens AG, Borets Company Ltd., Gardner Denver, Inc., SPX Flow, Inc., Howden Group Limited, Kysor Warren LLC (Emerson), Ingersoll Rand plc, Blackmer Corporation, and Nash Engineering Co.
Key Segment of Global Corrosion Resistant Blower Market
By Type Overview 2021-2031, (USD Billion)
• Single-stage Blowers
• Multi-stage Blowers
By Application Overview 2021-2031, (USD Billion)
• Metal Finishing
• Laboratory (or Fume Hoods)
• Pulp and Paper
• Wastewater Treatment
By End-User Overview 2021-2031, (USD Billion)
By Region Overview 2021-2031, (USD Billion)
• Rest of Asia Pacific
• Rest of North America
• Rest of Europe
Middle East and Africa