Air Compressor Filter and Compressed Air Dryer - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Air Compressor Filter and Compressed Air Dryer Market is accounted for $4.74 billion in 2018 and is expected to reach $10.30 billion by 2027 growing at a CAGR of 9.0% during the forecast period. Some of the key factors propelling the market growth are increasing demand for air filtration solution and growing adoption of air dryers. However, high maintenance cost is the restraining factor for the growth of the market.
Air compressor filter and compressed air dryer are specifically designed for the removal of water that is present in compressed air. As the compressed air cools, water vapor condenses into the tank, pipes, hoses and tools that are downstream from the compressor.
By end user, the food & beverages segment is expected to grow at a significant market share during the forecast period as it is necessary to keep the food products without being affected by the micro organisms in air. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the growing electronics industry in the region.
Some of the key players in Air Compressor Filter and Compressed Air Dryer Market include Parker-Hannifin, Atlas Copco, Donaldson Company, Kaeser Kompressoren, Mann+Hummel, Mikropor, Sullair, Ingersoll-Rand, Precision Filtration Products, Beko Technologies, Sullivan-Palatek , BOGE Kompressoren, SPX Flow, Altec Air, and Van Air Systems.
• Compressed Air Filters
• Compressed Air Dryers
• Mist Removal
• Condensed Water Removal
• Particulate Removal
• Oil Removal
End Users Covered:
• Food & Beverages
• Metal & Machinery
• Power Generation
• Oil & Gas
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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