Expert Market Research’s new report titled ‘Global Compressed Air Treatment Equipment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Compressed Air Treatment Equipment Market, assessing the market based on its segments such as product, application, end-use, and major regions like North America, Europe, Asia-Pacific, Latin America, Middle East, and Europe. ‘Africa. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2015-2026)
- Forecast CAGR (2021-2026): 6.2%
- Forecasted market size (2026): 11.9 billion USD
The global compressed air treatment equipment market has witnessed steady growth over the past few years, driven by the increasing prevalence of chronic diseases such as asthma, cardiovascular disease, diabetes, cancer and other diseases. other respiratory diseases. This has boosted the market considerably over the historical period.
Industry definition and major segments
Before entering the air compressor, the compressed air treatment equipment dehumidifies and purifies the air. The device helps reduce the dew point of the air and remove particles that could damage the air compressor. Air dryers and air filters are two examples of equipment that can be used for this purpose. Its market is further divided into segments such as:
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Based on the product, the market includes:
- Particle filter/ Pre-filter
- Coalescing Filter/ Oil Removal
- Oil vapor absorber/elimination filter
- Filtered centrifugal separator
- High temperature after filter
- Moisture separator
- Refrigerated air dryer
- Desiccant air dryer
- Membrane dryer
- Deliquescent dryer
In terms of application, the market is split into:
- Factory Air/ Workshop Air
- Instrument air
- Process air
- Breathing air
Industry end users are:
The regional compressed air treatment equipment market includes:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Compressed air is used to power machinery, and with the increasing industrialization of Asia-Pacific countries such as India and China, which strongly encourage manufacturing initiatives in their own countries, the market for compressed air processing looks healthy and is expected to grow over the forecast period. Developed countries such as North America and Europe are already technically sophisticated countries with a deployment of heavy machinery, and hence the demand for air compressors and compressed air treatment equipment there. is higher. With the rise of industries in all major countries for food and beverage, pharmaceuticals, energy exploration and others, the use of air compressors is most common and contaminating particles must be removed at using filters, dryers and other relevant equipment to ensure clean air is used in this process. Air cleaning will contribute to the efficient and faster facilitation of processes by machines, as well as to protect them from corrosive particles, increasing their demand, during the forecast period.
The growing number of FDA safety regulations in the United States, along with an aging population, are leading to a significant increase in the need for compressed medical air. Hospitals rely heavily on compressed air as it is essential for a wide range of critical end uses i.e. any issues with the quality or delivery of compressed air can threaten safety and health of the patient. Due to these characteristics, compressed air systems used in this industry must meet various legislative standards, which makes them important.
Main market players
The major players in the global market are Atlas Copco Corporation, Donaldson Company, Inc., Beko Technologies, Boge Compressors Limited, Gardner Denver, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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