Tuesday 22 March 2016, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Screw Conveyors Market: Continental Screw Conveyor, Conveyor Engineering and Manufacturing, FMC Technologies, KWS Manufacturing, and WAMGROUP.
Other Prominent Vendors in the market are: VAC-U-MAX, Flexicon Corporation, Thomas & Muller Systems, Astro Engineering & Manufacturing, Cyclonaire, and Industrial Screw Conveyor.
Commenting on the report, an analyst said: “Increase in population worldwide has led to the rising demand for food and related products over the past few years. The growth of population is high in Asia compared to other continents, mainly due to India and China, which are the two most populous countries in the world. The growth in precision agriculture is expected to drive the demand for screw conveyors. This demand is expected to arise mostly from the developed countries during the forecast period.”
According to the report, screw conveyors are used in biomass production, since they can convey and store various materials such as ground meal, wet cake, and distiller’s dried grains with solubles such as distiller’s dried grains with solubles (DDGS). Screw conveyors are robust and simple to operate; can be maintained easily; are low-cost; and offer a versatile conveying capability while handling bulk solids. These features make the screw conveyors best suited for biomass production applications. Due to these properties, it is widely used in biomass production.
Further, the report states that one of the major challenges faced in the global screw conveyors market is frequent fluctuations in raw material prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
ASDReports.com contact: S. Koomen
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