The global compressed air treatment equipment market size is
expected to reach USD 11.31 billion by 2025 registering a CAGR of 7.0%,
according to a new study by Grand View Research, Inc. Compressed air treatment
equipment offers several benefits, such as lowering the dew point of the air
and removing contaminants that may negatively impact the air compressor.
Furthermore, the compressed air treatment
equipment allows the system to run more efficiently and extends the system’s
life by reducing rust and corrosion caused by contaminated air. This has led to
an increased adoption of these systems, which is expected to drive the market
growth over the forecast period. Rising concerns about food safety have
resulted in food manufacturers focusing on implementing air treatment equipment
to avoid any contamination and to maintain quality.
This is also a key factor expected to drive
demand across the food & beverage (F&B) industry. Chemical, F&B,
and others are the major end-use sectors. The F&B industry is anticipated
to witness significant growth owing to rising need for dry and clean air in
numerous critical end-use applications. Moreover, rise in the number of F&B
manufacturing firms, particularly in U.S., is projected to provide growth opportunities
for the market in the years to come.
Access Research Report of Compressed Air Treatment Equipment
Market@ www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market
Further key findings from the study suggest:
· The global compressed air treatment
equipment market is expected to register a CAGR of 7.0% from 2019 to 2025 on
account of rising need for treated compressed air in several manufacturing
industries
· The dryers segment accounted for a major
share in 2018 due to increased demand for refrigerated dryers as a result of
their ability to ensure the quality of end products and provide dry air needed
to extend the life of the equipment
· The desiccant dryers segment is expected to
witness a considerable growth over the forecast period due to the ability of
these products to purify compressed air by absorbing the moisture
· The F&B industry led the market in 2018
and is likely to maintain the dominance owing to the need to adhere to strict
hygiene restrictions that govern the industry
· Asia Pacific accounted for 32.96% of the
overall revenue share in 2018 and is expected to witness the fastest CAGR over
the forecast years owing to rapid expansion of F&B and manufacturing
industries in the region
· Atlas Copco Corporation; Donaldson Company,
Inc.; Beko Technologies; Boge Compressors Limited; and Gardner Denver, Inc. are
some of the key companies in the global market
· These companies emphasize on expanding
their market presence through mergers & acquisitions and product
innovations
Grand View Research has segmented the
global compressed air treatment equipment market on the basis of product, end
use, and region:
Compressed Air Treatment Equipment Product
Outlook (Revenue, USD Million, 2014 - 2025)
·
Filters
o
Particulate Filters/Pre-filters
o
Coalescing Filter/Oil Removal
o
Adsorber Filter/Oil Vapor Removal
o
Filtered Centrifugal Separator
o
High Temperature After-filters
o
Moisture Separators
·
Dryers
o
Refrigerated
o
Desiccant
o
Membrane
o
Deliquescent
·
Aftercoolers
·
Others
Compressed Air Treatment Equipment End Use
Outlook (Revenue, USD Million, 2014 - 2025)
·
Chemical
·
Paper
·
Food & Beverages
·
Pharmaceuticals
·
Healthcare
·
Others
Compressed Air Treatment Equipment Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
o
Spain
o
Italy
o
Benelux
o
Easter Europe
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
o
South-East Asia
·
South America
o
Brazil
·
Middle East & Africa
o
GCC
o
South Africa
Access
Press Release of Compressed Air Treatment
Equipment Market@ www.grandviewresearch.com/press-release/global-compressed-air-treatment-equipment-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
