Draught Fan Market Rapid Technological Advancements During The Forecast Period

Draught fans are extensively employed in thermal power plants, increasingly in coal-fired thermal power plants systems. In these plants, they are used in several processes. There is growing demands for draught fans in applications of chamber combustion, heat transference to chimney, drawing out flue gases, among many others. The need for making combustion process efficient in draught fans has been bolstering the applications of draught fans and reinforcing new demand potential in the market. Moreover, they form a key industrial component in reducing the pollutants in combustion chambers and chimney. They further help in regulating furnace temperature and fuel consumption.

Key draught fans comprise forced draft and induced drafts. Growing use of draught fans as process fans in power plant operations is bolstering new prospects in the draught fans market. Various configurations of draught fans are boosting the market. Growing use of draught fans in fluidized bed combustion application in power plants has contributed to the growing sales and will keep contributing to the revenues in the draught fan market.

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The global draught fans market is seeing new prospects on the back of rising consumption of energy. This is attributed to the need for bolstering production of power in a number of industrialized nations to meet the ever rising energy demands in industrial and commercial applications. Some of key regions in the draught fans market are North America, Europe, Asia Pacific, and the Middle East. Rapid pace of industrialization in Asia has kept the market increasingly lucrative over the past few years.

Key end use industries are coal mines, chemical, textile, paper, and pharmaceuticals industries. Promising application areas are in cooling towers, ship ventilation, filling machines, and dirt removal.

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