Compressed Air Treatment Equipment Market Analysis 2022-2027
According to the latest report by IMARC Group, “Global Compressed Air Treatment Equipment Market Trends, Share, Growth, Industry Size, Opportunity and Forecast 2022-2027“, the global compressed air treatment equipment market reached a value of US$ 8.26 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 12.05 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027.
Compressed air treatment equipment are utilized to dehumidify and clean air before it enters a compressor. They involve the usage of coalescing, particulate, deliquescent, high-temperature after-filter, moisture separator, refrigerated, membrane, and desiccant air dryers. Compressed air treatment equipment are lightweight, compact, and assist in reducing rust and corrosion, improving operations, maintaining productivity, etc. They have extensive utilization in conveyor systems, robotic arms, paint sprays, jackhammers, nitrogen generation, drills, drying, etc. As a result, compressed air treatment equipment find widespread applications across various sectors, such as food and beverage (F&B), manufacturing, aerospace, automotive, pharmaceuticals, power generation, healthcare, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Compressed Air Treatment Equipment Market Trends and Drivers:
The elevating prevalence of several chronic ailments, including cardiovascular diseases, especially among the geriatric population, is primarily driving the compressed air treatment equipment market. Besides this, these devices are majorly used in respiratory support applications, such as life-support machines, oxygen generators, atomizers, etc., which is further augmenting the market growth. Apart from this, the escalating requirement for highly purified compressed air in the pharmaceutical industry for product drying, material handling, tablet coating, etc., is also catalyzing the global market.
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Moreover, increasing technological advancements and the launch of environment-friendly air compressors that provide enhanced stability are acting as significant growth-inducing factors. Furthermore, the inflating industrialization levels, particularly in emerging economies, along with the expanding research and development (R&D) activities to launch novel air compressors, are anticipated to propel the compressed air treatment equipment market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Compressed Air Treatment Equipment Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Airfilter Engineering, Alpha-Pure Corporation, Atlas Copco AB, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Donaldson Company Inc., Ingersoll Rand Inc., Kaeser Compressors Inc., Mann+Hummel, Mattei Compressors Inc., Parker-Hannifin Corporation, Pentair plc and Pneumatech.
The report has segmented the market on the basis of region, product, application and end user.
Breakup by Product:
Breakup by Application:
- Plant Air
- Instrument Air
- Process Air
- Breathing Air
Breakup by End User:
- Food and Beverage
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Key Questions Answered in This Report:
- What has been the impact of COVID-19 on the global compressed air treatment equipment market?
- What are the key regional markets?
- How has the global compressed air treatment equipment market performed so far and how will it perform in the coming years?
- What is the breakup of the market based on the product?
- And, What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?