Centrifugal Fan Wheels Market to Reach Value of US$ 500 Mn by 2031, Emphasis on Proper Ventilation of Industrial Environments for Worker Safety fuels Demand, States TMR Report

ALBANY, N.Y., Nov. 17, 2021 /PRNewswire/ -- The growing emphasis on heating, ventilation, and air conditioning (HVAC) systems of buildings, workplaces, and factories with the recognition of significance of ventilation to prevent infectious diseases is fueling the centrifugal fan wheels market. To that end, stakeholders in the centrifugal fan wheels market are adhering to the UK Health and Safety Executive guidelines on ventilation and air conditioning laid down during the coronavirus outbreak.

The role of manufacturers in the centrifugal fan wheels market to diversify products and services for ventilation requirements to serve beyond customary end users such as oil & gas, power generation, and steel sectors is promising for the centrifugal fan wheels market.

The centrifugal fan wheels market is estimated to expand at a CAGR of 4% during the forecast period from 2021 to 2031.

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Centrifugal Fan Wheels Market – Key Findings of Report

Product Innovations in Backward Curved Wheels to Foster Growth

The increasing applications of backward curved wheels is driving the interest of manufacturers for improved products. The demand for backward curved wheels is expanding for variable flow applications due to their relatively low risk of being overloaded or stalled during operations. Backward curved wheels are comparatively more energy efficient than curved or airfoil style blade wheels. Emission control systems, dust collectors, and fume exhausters are some applications that are triggering the demand for backward curved wheels thereby creating opportunities in the centrifugal fan wheels market.

The role of product manufacturers to educate their customers about the benefits of various types of backward inclined, forward inclined, and radial fan wheels further stimulates the demand for novel products. For example, Eldridge – a provider of ventilation and noise control applications educates its customers and provides guidance for selection of fan wheels to serve individual requirements.

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Growing Demand in Paper & Pulp Industry to Expand Revenue Streams

The expanding deployment of fans and blowers across numerous industries for the safety of workers is promising for the centrifugal fan wheels market. The paper & pulp industry is emerging as a key end user for centrifugal fan wheels. In order to serve this, product manufacturers and suppliers are undertaking product development and working on logistics to support the paper & pulp industry. Product innovations include a number of high and low-pressure fans and blowers to support drying procedures.

Drying and bleaching processes in the paper industry lead to chemical loaded airstreams and high temperatures that requires ventilation for air circulation and for stable air flow through centrifugal fans. This opens prospects in the centrifugal fan wheels market.

Outbreak of COVID-19 created New Worker Safety Protocols in Mining Environments

The growing emphasis on installation of solid ventilation systems in mining environments is creating opportunities in the centrifugal fan wheels market. The outbreak of COVID-19 created adequate awareness of need for proper ventilation in dark closed spaces that is directly related to improve worker efficiency, decrease accident rates, and increase working days of workers.

Companies in the centrifugal fan wheels market are engaging in to identify blower requirements for underground mine ventilation applications. This is facilitated by stakeholders in the mining sector to provide airways at appropriate places in underground mining operations to install fans and blowers.

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Centrifugal Fan Wheels Market – Growth Drivers

• Increasing recognition of importance of centrifugal fans for circulation of large volumes of air in industrial environments fuels centrifugal fan wheels market.
• An array of applications of centrifugal fans from dust collection to drying and cooling to storage of materials for industrial processes stimulates growth in centrifugal fan wheels market.

Centrifugal Fan Wheels Market – Key Players

Some key companies operating in the centrifugal fan wheels market are TLT – Turbo, TWIN CITY FAN, Yilida, S&P Sistemas de Ventilacion SLU, punker GmbH, FERGAS GROUP AB, Kruger Ventilation, Howden Group, Loren Cook, Systemair AB, ebm-papst, ZIEHL ABEGG, Beckett Air Corporation.

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Global Centrifugal Fan Wheels Market: Segmentation

Centrifugal Fan Wheels Market, by Type

• Forward Curved
• Backward Curved
• Radial
• Others (including Airfoil Fans)

Centrifugal Fan Wheels Market, by Power Rating

• Up to 125 W
• 125 W – 10 KW
• 10 KW – 500 KW
• Above 500 KW

Centrifugal Fan Wheels Market, by End User

• Steel
• Cement
• Power Generation
• Oil & Gas
• Pulp & Paper
• Mining
• Others (including Textile, Glass, and Wood)

Centrifugal Fan Wheels Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Spain
  • Italy
  • France
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

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