The latest research study by IMARC Group, finds that 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.
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.
Industry Definition and Application:
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.
Global 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. 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.
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|Compressed Air Treatment Equipment Market Report Scope|
|Market size value in 2021||US$ 8.26 Billion|
|Market forecast in 2027||US$ 12.05 Billion|
|Growth Rate||CAGR of 6.30% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Product, Application, End User and Region|
|Regional scope||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Key companies profiled||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.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization preview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
The report has been segmented the market into following categories:
Breakup by Product:
Breakup by Application:
- Plant Air
- Instrument Air
- Process Air
- Breathing Air
Breakup by End User:
- Food and Beverage
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
List of Major Key Players:
The major players in the market are 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.
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