San Francisco, 12 November 2018, The
global compressed air treatment equipment market
is expected to reach USD 11.2 billion by 2025, according to a new report by
Grand View Research, Inc. Ambient air usually contains contaminants that are
drawn into the compressor and pose the chance of contaminating compressed air.
This subsequently makes the implementation of compressed air treatment
equipment crucial. Furthermore, there are other sources through which
contaminants are introduced into the compressed air stream that mainly include
piping, receiver tank, and other installed components. All these factors are
expected to drive the compressed air treatment equipment market growth over the
forecast period.
A compressed
air network is fundamental in any manufacturing facility and is often referred
to as the fourth utility, with more than 85% of the companies using compressed
air in some aspect of their operations. In most of the manufacturing facilities
today, compressed air is often of paramount importance to any manufacturing
process, regardless of whether it is used for automating the process or if it
comes in direct contact with the product. Furthermore, the quality of air
produced and the cost associated with producing this powerful utility is of
great significance to any manufacturer. This is the primary reason expected to
drive the growth of the compressed air treatment equipment market over the next
nine years.
Full Research Report On Compressed Air Treatment Equipment Market
Analysis:
www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market
www.grandviewresearch.com/industry-analysis/compressed-air-treatment-equipment-market
Further key findings from the report suggest:
·
The global compressed air treatment
equipment market is expected to witness a growth at a CAGR exceeding 6% from
2017 to 2025, which is primarily ascribed to criticality of treated compressed
air in several manufacturing facilities.
·
Dryers emerged as the largest product
category in 2016, and is mainly driven by an increased demand for refrigerated
air dryers owing to their ability to provide dependable drying at an ambient
temperature and ensuring efficient performance through a low maintenance design.
·
The demand for compressed air treatment
equipment in the food & beverage sector was the highest in 2016, a trend
expected to continue over the next nine years, primarily owing to the need to
adhere to strict hygiene restrictions that govern the industry.
·
Asia Pacific accounted for close to 30% of
the overall revenue share in 2016 and is expected to dominate the market over
the next few years.
·
Donaldson Company Inc., Atlas Copco
Corporation, Beko Technologies, Gardner Denver, and Boge Compressors, among others
were a few key players that captured a sizeable market share in 2016.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the
global compressed air treatment equipment market on the basis of product,
end-use, and region:
Compressed
Air Treatment Equipment Product Outlook (Revenue, USD Million; 2014 - 2025)
·
Filters
o
Particulate filter/pre-filter
o
Coalescing filter/oil removal
o
Adsorber filter/oil vapor removal
o
Filtered centrifugal separator
o
High temperature afterfilters
o
Moisture separators
·
Dryers
o
Refrigerated dryers
o
Desiccant dryers
o
Membrane dryers
o
Deliquescent dryers
·
Aftercoolers
·
Others
Compressed
Air Treatment Equipment End-use Outlook (Revenue, USD Million; 2014 - 2025)
·
Chemical
·
Paper
·
Food & beverage
·
Pharmaceutical
·
Healthcare
·
Others
Compressed
Air Treatment Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
South America
o
Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-compressed-air-treatment-equipment-market
https://www.grandviewresearch.com/press-release/global-compressed-air-treatment-equipment-market
About Grand View Research
Grand View Research, Inc.
is a U.S. based market research and consulting company, registered in the State
of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
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