The Asia Pacific high speed blower market size was estimated at $217.4 million during 2019 and is anticipated to progress at a stable 3.3% CAGR between 2020 and 2026, driven by increasing concerns pertaining to the degradation of ground water reservoirs, coupled with the sanitation requirements across densely populated regions such as South Korea, India, and China.
The boom across the food & beverage and pharmaceutical industries, especially against the backdrop of the COVID scenario, can propagate increased deployment of high speed blowers as they aid in operations such as crate cleaning, drying, debris removal, dust removal, and excess product removal.
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The following top four trends have been supporting the Asia Pacific high speed blower market growth:
Government initiatives to push wastewater treatment segment growth
India has been handling the issue of wastewater management with considerable urgency via the work of numerous organizations including the Council on Energy, Environment & Water. Moreover, the reuse of treated wastewater has become crucial with the introduction of government programs such as ‘Make in India’ and ‘Smart City Mission’. The rising number of river water treatment projects including the National Mission for Clean Ganga (NMCG) in India have also been responsible for the progression of the Asia Pacific high speed blower market. Vietnam, Indonesia, China, Philippines, and Malaysia have also been tackling the conflict of wastewater management, ensuring expansion.
Flourishing paper industry across the region to nurture growth
Paper is an important and all-pervasive material, used for innumerable purposes worldwide. Since two out of the three largest paper producers in the world, namely China and Japan, are located in the region, the demand for high speed blowers is likely to take wing over the forthcoming times. China is expected to represent a considerable volume of the total revenue in the Asia Pacific high speed blower market during the upcoming times, since it is the largest producer of paper.
In 2018, it produced nearly 110 million metric tons of cardboard and paper. Since the manufacturing of paper, tissue, and cardboard requires the utilization of high speed blowers, the Asia Pacific high speed blower market growth will witness an upsurge.
Airfoil bearings to surge at over 3% CAGR owing to low costs and high efficiency
The key advantages of airfoil high speed blowers such as high efficiency, lower costs, quiet operation, smaller footprint, and no lubrication system have been promoting the adoption of this technology. Due to the widespread utilization of airfoil bearing high speed blowers across industrial verticals such as cement, food and medicine processing engineering, chemical, paper, textile & dyeing, brewing, and biopharmaceutical, among others, the growth of the Asia Pacific high speed blower market outlook is certain to exhibit a rising curve.
Demand to gear up as market players launch new high speed turbo blowers
In 2015, Atlas Copco launched its new XB 250 high speed turbo blower that enables wastewater aeration basins to access high efficiency air and ensures optimum reliability. More recently, in October 2020, AERZEN announced the launch of its new generation compact and superior quality turbo machine featuring a flow rate ranging from 300 m³/h up to 8,400 m³/h and pressure up to 1,000 bar. With the development of such innovative high speed blowers by leaders such as Xylem, Eminent Blowers, Zi-Argus, and Atlas Copco, the Asia Pacific high speed blower market is set for continuous growth.
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With the fast recovery of the developing economies from the shock of the COVID pandemic, the focus is likely to shift on the preexisting issues including water shortage and implementation of efficient waste-water management techniques, boosting the growth of the Asia Pacific high speed blower market size.
Table of Contents (ToC) of the report:
Chapter 3 Asia Pacific High Speed Blower Trends
3.1 Industry coverage
3.2 Industry size and forecast, 2016 – 2026
3.3 Value chain analysis
3.3.1 Company product snapshot
3.4 Innovation landscape
3.5 COVID-19 impact
3.6 Regulatory norms & directives
3.7 Drivers & restraints
3.7.1 Market drivers
3.7.2 Market restraints
3.8 Industry analysis – Porter’s
3.9 Product growth mapping
3.10 Competitive benchmarking, 2019
3.10.1 Strategy dashboard
3.11 PESTLE analysis
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