POSITIVE DISPLACEMENT BLOWERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Positive Displacement Blowers Market Size and Trends

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.

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The market is expected to witness positive growth over the forecast period due to rising use of blowers in industries such as oil & gas, power generation, food processing, and chemicals. Positive displacement blowers are highly preferred for applications involving high pressure and low volume. These provide precise control of flow rate for movement of liquids and gases. Increasing investments in process industries and stringent emission norms mandate use of equipment with high efficiency. This will boost demand for positive displacement blowers during the forecast period.

Growth in Manufacturing Sector

Global positive displacement blowers market is positively influenced by growing manufacturing sector across the globe. Blowers are extensively used in various industrial manufacturing processes such as pneumatic conveying, dust collection, process cooling, drying and CIP systems. With rapid industrialization and global economic growth, the demand for manufactured goods from industries such as pharmaceuticals, chemicals, food processing, pulp & paper and metals & mining is surging. This boosts manufacturing output considerably. According Coherent Market Insights’ estimates, manufacturing sector accounted for over 15-20% of GDP in major developed and emerging economies in recent years. Reshoring of manufacturing activities from low cost countries coupled with expansion of existing facilities is likely to raise manufacturing capacity further. Growing manufacturing footprint will drive expansion in related material and components handling processes that use blowers and fans. Emergence of new industry players and capacity expansion projects by existing market participants are expected to boost positive displacement blowers sales.

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Stringent government regulations regarding industrial emissions are positively influencing the prospects of positive displacement blowers market. Regulatory bodies across the world are implementing new emission norms to curb the release of harmful gases and particulate matter from manufacturing facilities. As blowers play a crucial role in pollution control applications like dust collection, fume extraction and waste gas treatment, their demand is increasing from industries striving to meet compliance standards. Growing cognizance about sustainable operations is also motivating companies to opt for technologically advanced blowers that reduce energy footprint. In addition, rising awareness about health hazards of poor indoor air quality in commercial and residential buildings has boosted demand for blowers in HVAC systems and indoor air quality equipment. Governments in developed nations are providing subsidies and favorable policies for adoption of pollution control technologies. For example, implementation of National Emission Standards for Hazardous Air Pollutants (NESHAP) in the U.S. is propelling deployment of blower-based systems in various industries. Strong regulatory push for environmental protection will continue presenting lucrative prospects to positive displacement blowers market.