According to the latest report by IMARC Group, "Global Compressed Air Treatment Equipment Market Size, Share, Growth, Industry Trends, 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 is a mechanical device that removes humidity and cleans the air before entering the compressor. It involves using moisture, particulate, moisture separator, refrigerated, deliquescent, membrane, desiccant air dryer, particulate, and high-temperature after-filter. It is used in paint sprays, robotic arms, jackhammers, conveyer systems, nitrogen generation, drills, and drying. It helps remove particles that may negatively impact the air compressor and lowers the dew point of the air. It improves operations, maintains productivity, and minimizes rust and corrosion. As a result, compressed air treatment equipment finds extensive applications across the automotive, manufacturing, pharmaceuticals, power generation, medical, and food and beverage (FB) industries.
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Market Trends and Drivers:
The global compressed air treatment equipment market is primarily driven by the rising prevalence of chronic diseases, especially among the geriatric population. Moreover, the surging product adoption in respiratory support devices, such as atomizers and life support machines, has accelerated the product demand. Additionally, the increasing demand for highly purified compressed air in the pharmaceutical industry for tablet coating, product drying, material handling, and nitrogen generation is another major growth-inducing factor.
Besides this, rapid technological advancements, such as the development of environment-friendly compressors that ensure clean and dry air quality and provide stability, have catalyzed market growth. Furthermore, the growing use of compressed air treatment equipment for air cleaning containers before product packaging and filling in the food and beverage industry is positively influencing the market growth. Other factors, including ongoing research and development (RD) activities to launch novel air compressors, rapid industrialization, and technological advancements, are also anticipated to propel market growth.
Global Compressed Air Treatment Equipment Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Compressed Air Treatment Equipment Companies:
Airfilter Engineering, BOGE KOMPRESSOREN Otto Boge GmbH Co. KG, Donaldson Company Inc., Ingersoll Rand Inc., Kaeser Compressors Inc., Alpha-Pure Corporation, Atlas Copco AB, Mann+Hummel, Mattei Compressors Inc., Parker-Hannifin Corporation, Pentair plc and Pneumatech.
The report has segmented the market on the basis of product, application, end user and region.
Breakup by Product:
- Filters
- Dryers
- Aftercoolers
- Others
Breakup by Application:
- Plant Air
- Instrument Air
- Process Air
- Breathing Air
- Others
Breakup by End User:
- Chemical
- Paper
- Food and Beverage
- Pharmaceuticals
- Healthcare
- Others
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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