Compressed Air Filter and Dryer Market by Product (Air Dryer (Refrigeration, Desiccant, Deliquescent, Membrane), Air Filter (Particulate, Coalescing, Compressed Intake, Activated)), Industry & Region (2022-2027)
[237 Pages Report] The global compressed air filter and dryer market size is expected to grow from USD 5.4 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 6.2%.
The compressed air filter and dryer industry growth can be attributed to the growing adoption of compressed air systems to increase productivity, surging demand for compressed air solutions from the food & beverages industry, and increasing use of compressed air dryers for protecting equipment against hazardous and corrosive environments.
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Market Dynamics
DRIVER: Growing adoption of compressed air systems to increase productivity
When air is left unfiltered, the cracks and crevices of pipes and fittings that use compressed air start accumulating dirt, oil, and water, thereby contaminating the compressed air stream. The residue of contaminants accumulated in the cracks starts corroding the pipes, which results in severe malfunction or complete shutdown of compressed air equipment. Compressed air filters ensure that no such contaminants enter the air stream, ensuring the proper functioning and long life of equipment. as well as reduced maintenance costs. The less the moisture content, the more is the productivity of the system. Accumulation of water and water vapor in equipment causes corrosion, which can clog up valves, fittings, and instrument control lines, causing system breakdown. Thus, compressed air dryers are vital to blocking any traces of water entering the compressed air stream. Microorganisms such as bacteria, viruses, and fungi can also enter the compressed air stream when exposed to moisture. Even if microorganisms enter into sterile and dry compressed air, their presence causes a major impact on the quality and performance of the system. Compressed air dryers are used for blocking the entry of such microorganisms into the air stream.
RESTRAINT: Requirement of periodic maintenance
Compressed air filters and dryers require periodic maintenance to operate at peak efficiency and minimize unscheduled downtime. Inadequate maintenance can increase energy consumption due to lower filtration efficiency, air leakage, or variation in pressure and result in high operating temperatures, improper moisture control, and excessive contamination.
Air compressors and related equipment such as filters and dryers require regular maintenance. Overlooking maintenance may further cause higher energy, repair, and replacement costs. Per Energy Star Data, maintenance and repairs comprise about 12% of an air compressor system’s lifetime cost. Therefore, it is imperative for end users to consider maintenance and repair expenses after buying such equipment.
OPPORTUNITY: Increasing adoption of class 0 air in pharmaceutical packaging
Class 0 air has been mandated by various governments for the packaging of pharmaceuticals, which has resulted in a growth opportunity for compressed air systems. Traditionally, manual packaging techniques were used, which resulted in loss for many pharmaceutical companies, as the contaminated air damaged the packaged medicines. Compressed air filters can filter out all types of impurities present in a compressed air stream and compressed air dryers help ensure moisture- and oil-free packaging of pharmaceuticals. The use of compressed air filters and dryers can lead to a significant drop in product damage and increase cost efficiency.
CHALLENGE: Requirement of tightly controlled environment for proper functioning
Compressed air production is one of the most expensive auxiliary functions in all industries. Compressed air filters and dryers are the most essential components of compressed air systems. These systems are highly sensitive to the surrounding environment. A variation in parameters such as cabin temperature, electricity supply, and air feed can impact the efficiency, output, and operating life of compressed air filters and dryers. In high-pressure working conditions, not maintained the system temperature at the prescribed level can lead to system explosion. In addition to this, it is challenging for end users to maintain an extremely controlled environment to have the proper functioning of compressed air filters and dryers.
“Compressed air dryers held the larger share of the market for the chemicals industry in 2021”
Compressed air dryers held the larger share of the market for the chemicals industry in 2021. Chemical companies deal with toxic and combustible gases daily; hence, high-quality compressed air is quite crucial for the safety and efficiency of equipment. Compressed air dryers such as refrigeration dryers have a high demand in the chemicals industry due to the requirement of high-purity products and the dangerous or hazardous gases present in a chemicals production facility. Chemical facilities often experience sudden changes in temperature due to endothermic or exothermic reactions occurring inside the plant. Refrigeration dryers are best suited for handling such sudden shifts in temperature.
“Automotive industry accounted for the largest share of the compressed air filter and dryer market in 2021”
The automotive industry accounted for the largest share of the compressed air filter and dryer market in 2021. It is one of the largest revenue-generating industries globally and is expected to flourish in the coming years owing to the rising demand from countries such as China, the US, and Germany. Compressed air filters and dryers are fundamental to the automotive industry and are used for cabin air filtration, air conditioning, spray painting, and laser purging and in air spindles, air bearings, air guns, and pneumatic brakes in automobiles.
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“North America accounted for the largest share of the global compressed air filter and dryer market”
North America accounted for the largest share of the global compressed air filter and dryer market in 2021. The US is the major contributor to the North American compressed air filter and dryer market. The presence of many manufacturing facilities of automotive and food & beverages industries is expected to drive the compressed air filter and dryer market in North America. The oil & gas industry is also among the key contributors to the growth of market in this region. With stringent regulations regarding the cleanliness standards of environmental air, the demand for compressed air filters and dryers has increased significantly in the US. It It is one of the largest automotive markets and its automotive industry is also one of the growing industries in the world. Also, electric vehicles require a greater number of compressed air filters than conventional vehicles, hence boosting the growth of the compressed air filter and dryer market in the country.
Key Market Players
Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US) are the top five players in the compressed air filter and dryer companies.
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|
Report Metric |
Details |
|
Market Size Available for Years |
2018–2027 |
|
Base Year |
2021 |
|
Forecast Period |
2022–2027 |
|
Units |
Value (USD Million/Billion) |
|
Segments Covered |
Product, Industry, and Geography |
|
Geographic Regions Covered |
North America, Asia Pacific, Europe, and Rest of the World |
|
Companies Covered |
Major Players: Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US) and Others- total 25 players have been covered. |
This research report categorizes the compressed air filter and dryer market by product, industry, and region.
By Product:
-
Compressed Air Dryers
- Refrigeration Dryers
- Desiccant/Adsorption Dryers
- Deliquescent Dryers
- Membrane Dryers
-
Compressed Air Filters
- Particulate Filters
- Coalescing Filters
- Compressed Intake Filters
- Activated Carbon Filters
By Industry:
- Automotive
- Oil & Gas
- Chemicals
- Power Generation
- Food & Beverages
- Metals & Machinery
- Pharmaceuticals
- Electronics
- Others
By Region
-
North America
- US
- Canada
- Mexico
-
Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
-
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
-
Rest of the World
-
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
- Africa
- South America
-
Middle East
Recent Developments
- In November 2021, Atlas Copco launched the energy-efficient and highly reliable Cerades Desiccant Dryer. These dryers are suitable for food & beverages, pharmaceutical, and semiconductor industries.
- In May 2021, Parker-Hannifin launched a desiccant compressed air dryer designed to deliver ‘technically’ oil-free compressed air for the rental industry.
- In March 2021, Donaldson Company launched a smart dryer, a solution that removes condensates and dries compressed airstreams in manufacturing facilities using three stages of separation: filtering, drying, and purifying.
Frequently Asked Questions (FAQ):
What is the CAGR expected to be recorded for the compressed air filter and dryer market during 2022-2027?
The global compressed air filter and dryer market is expected to record a CAGR of 6.2% from 2022–2027.
Does this report include the impact of COVID-19 on the compressed air filter and dryer market?
Yes, the report includes the impact of COVID-19 on the compressed air filter and dryer market. It illustrates the pre and post- COVID-19 market scenario.
What are the driving factors for the compressed air filter and dryer?
Growing adoption of compressed air systems to increase productivity is one of the driving factors of market growth.
Which are the significant players operating in the compressed air filter and dryer market?
Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US) are the top five players in the compressed air filter and dryer market.
Which region will lead the compressed air filter and dryer market in the future?
North America is expected to lead the compressed air filter and dryer market during the forecast period. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 33)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 COMPRESSED AIR FILTER AND DRYER MARKET: SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 37)
2.1 RESEARCH DATA
FIGURE 2 COMPRESSED AIR FILTER AND DRYER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Key data from secondary sources
2.1.2.2 List of major secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key industry insights
2.1.3.3 Key data from primary sources
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size by bottom-up analysis (demand side)
FIGURE 3 COMPRESSED AIR FILTER AND DRYER MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for estimating market size using top-down analysis (supply side)
FIGURE 4 COMPRESSED AIR FILTER AND DRYER MARKET: TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR COMPRESSED AIR FILTER AND DRYER MARKET USING SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
FIGURE 7 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY (Page No. - 48)
FIGURE 8 COMPRESSED AIR FILTER AND DRYER MARKET: PRE- AND POST-COVID-19 SCENARIOS
3.1 PRE-COVID-19 SCENARIO
TABLE 1 COMPRESSED AIR FILTER AND DRYER MARKET, PRE-COVID-19 SCENARIO, 2022–2027
3.2 REALISTIC SCENARIO
TABLE 2 COMPRESSED AIR FILTER AND DRYER MARKET, POST-COVID-19 REALISTIC SCENARIO, 2022–2027
3.3 OPTIMISTIC SCENARIO
TABLE 3 COMPRESSED AIR FILTER AND DRYER MARKET, POST-COVID-19 OPTIMISTIC SCENARIO, 2022–2027
3.4 PESSIMISTIC SCENARIO
TABLE 4 COMPRESSED AIR FILTER AND DRYER MARKET, POST-COVID-19 PESSIMISTIC SCENARIO, 2022–2027
FIGURE 9 COMPRESSED AIR DRYER ACCOUNTED FOR LARGER SHARE OF COMPRESSED AIR FILTER AND DRYER MARKET IN 2021
FIGURE 10 FOOD & BEVERAGES INDUSTRY TO REGISTER HIGHEST CAGR IN COMPRESSED AIR FILTER AND DRYER MARKET DURING FORECAST PERIOD
FIGURE 11 MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 53)
4.1 COMPRESSED AIR FILTER AND DRYER MARKET, 2022–2027 (USD BILLION)
FIGURE 12 INCREASING DEMAND FROM FOOD & BEVERAGES INDUSTRY TO BOOST GROWTH OF COMPRESSED AIR FILTER AND DRYER MARKET
4.2 COMPRESSED AIR FILTER AND DRYER MARKET, BY PRODUCT
FIGURE 13 COMPRESSED AIR DRYER TO ACCOUNT FOR LARGER SIZE OF COMPRESSED AIR FILTER AND DRYER MARKET DURING FORECAST PERIOD
4.3 COMPRESSED AIR FILTER MARKET, BY FILTER TYPE (USD MILLION)
FIGURE 14 PARTICULATE FILTER TO HOLD LARGEST MARKET SHARE OF COMPRESSED AIR FILTER MARKET IN 2022
4.4 COMPRESSED AIR FILTER AND DRYER MARKET, BY INDUSTRY
FIGURE 15 AUTOMOTIVE INDUSTRY TO ACCOUNT FOR LARGEST MARKET SIZE
4.5 COMPRESSED AIR FILTER AND DRYER MARKET, BY REGION
FIGURE 16 COMPRESSED AIR FILTER AND DRYER MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 56)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 COMPRESSED AIR FILTER AND DRYER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing adoption of compressed air systems to increase productivity
TABLE 5 INDUSTRIAL USES OF COMPRESSED AIR
5.2.1.2 Surging demand for compressed air solutions from food & beverages industry
FIGURE 18 CAPITAL EXPENDITURE BY TOP 100 COMPANIES IN FOOD & BEVERAGES INDUSTRY, 2017–2020 (USD BILLION)
5.2.1.3 Increasing use of compressed air dryers for protecting equipment against hazardous and corrosive environments
5.2.1.4 Increasing demand for compressed air filters as they filter contaminants up to several microns
FIGURE 19 DRIVERS AND THEIR IMPACT ON COMPRESSED AIR FILTER AND DRYER MARKET
5.2.2 RESTRAINTS
5.2.2.1 Requirement of periodic maintenance
5.2.2.2 High working pressure induces risk of system explosion
FIGURE 20 RESTRAINTS AND THEIR IMPACT ON COMPRESSED AIR FILTER AND DRYER MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing adoption of class 0 air in pharmaceutical packaging
5.2.3.2 Industry 4.O and growing industrialization in developing nations
5.2.3.3 Surging adoption of IoT in compressed air industry
FIGURE 21 OPPORTUNITIES AND THEIR IMPACT ON COMPRESSED AIR FILTER AND DRYER MARKET
5.2.4 CHALLENGES
5.2.4.1 Requirement of tightly controlled environment for proper functioning
5.2.4.2 Lack of awareness regarding appropriate use of compressed air filters and dryers
5.2.4.3 Unwillingness of SMEs to shift from conventional air filtration methods to advanced compressed air filters
FIGURE 22 CHALLENGES AND THEIR IMPACT ON COMPRESSED AIR FILTER AND DRYER MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 COMPRESSED AIR FILTER AND DRYER MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 24 ECOSYSTEM
TABLE 6 COMPRESSED AIR FILTER AND DRYER MARKET: ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 REVENUE SHIFT OF COMPRESSED AIR FILTER AND DRYER MARKET
5.6 PORTER’S FIVE FORCES ANALYSIS
TABLE 7 COMPRESSED AIR FILTER AND DRYER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.6.1 INTENSITY OF COMPETITIVE RIVALRY
5.6.2 BARGAINING POWER OF SUPPLIERS
5.6.3 BARGAINING POWER OF BUYERS
5.6.4 THREAT OF SUBSTITUTES
5.6.5 THREAT OF NEW ENTRANTS
5.7 CASE STUDIES
TABLE 8 REFRIGERATION DRYERS IMPROVE ENERGY AND EFFICIENCY WHILE REDUCING COSTS
TABLE 9 COMPRESSED AIR DRYERS AND FILTERS ENSURE COMPLIANCE WITH STRINGENT STANDARDS
5.8 TECHNOLOGY ANALYSIS
5.8.1 IOT
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICES OF COMPANIES, BY MAXIMUM INLET TEMPERATURE
FIGURE 26 AVERAGE SELLING PRICE OF COMPANIES BASED ON MAXIMUM INLET TEMPERATURE
TABLE 10 APPROXIMATE AVERAGE SELLING PRICES OF COMPANIES BASED ON MAXIMUM INLET TEMPERATURE
5.9.2 AVERAGE SELLING PRICE TREND
TABLE 11 APPROXIMATE AVERAGE SELLING PRICE
5.10 TRADE ANALYSIS
5.10.1 IMPORTS SCENARIO OF COMPRESSORS FOR REFRIGERATING EQUIPMENT
FIGURE 27 IMPORTS DATA FOR COMPRESSORS FOR REFRIGERATING EQUIPMENT, BY KEY COUNTRY, 2016−2020 (USD MILLION)
5.10.2 EXPORTS SCENARIO OF COMPRESSORS FOR REFRIGERATING EQUIPMENT
FIGURE 28 EXPORTS DATA FOR COMPRESSORS FOR REFRIGERATING EQUIPMENT, BY KEY COUNTRY, 2016−2020 (USD MILLION)
5.11 PATENTS ANALYSIS
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 12 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS
FIGURE 30 NUMBER OF PATENTS GRANTED PER YEAR FROM 2011 TO 2021
TABLE 13 SOME PATENTS PERTAINING TO COMPRESSED AIR FILTER AND DRYER MARKET, 2019–2020
5.12 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 14 COMPRESSED AIR FILTER AND DRYER MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 STANDARDS
TABLE 19 STANDARDS FOR COMPRESSED AIR FILTERS AND DRYERS
6 COMPONENTS OF COMPRESSED AIR FILTERS AND RECENT TRENDS (Page No. - 80)
6.1 INTRODUCTION
6.2 COMPONENTS OF COMPRESSED AIR FILTERS
6.2.1 HOUSING ELEMENTS
6.2.1.1 Housing elements ensure high performance and enhanced life of compressors
6.2.2 FILTER ELEMENTS
6.2.2.1 Filter elements help filter contaminants such as rust, pipe scale, compressor lube oil, and water from compressed gases
6.3 CLASSIFICATION OF COMPRESSED AIR DRYERS BASED ON CAPACITY
6.3.1 <2,000 M3/HR
6.3.2 2,000–5,000 M3/HR
6.3.3 >5,000 M3/HR
6.4 RECENT TRENDS IN COMPRESSED AIR INDUSTRY
6.4.1 CONTINUOUS SYSTEM MONITORING
6.4.1.1 Continuous system monitoring keeps users aware of system efficiency
6.4.2 EQUIPMENT DESIGN INNOVATIONS
6.4.2.1 Equipment design innovations help improve performance and reliability of machines
6.4.3 DEMAND-SIDE REDUCTION
6.4.3.1 Demand-side reduction is required for energy saving in future
6.4.4 COMPRESSOR CONTROL
6.4.4.1 Compressor control helps provide continuous real-time display and system condition
6.4.5 AIR AUDITING
6.4.5.1 Air auditing is required for adequate assessments for companies in compressed air market
7 APPLICATIONS OF COMPRESSED AIR FILTERS AND DRYERS (Page No. - 84)
7.1 INTRODUCTION
FIGURE 31 APPLICATIONS OF COMPRESSED AIR FILTERS AND DRYERS
7.2 CONDENSED WATER REMOVAL
FIGURE 32 CONDENSED WATER REMOVAL MECHANISM
7.3 OIL REMOVAL
FIGURE 33 OIL REMOVAL MECHANISM
7.4 MIST REMOVAL
FIGURE 34 MIST REMOVAL MECHANISM
7.5 PARTICULATES REMOVAL
FIGURE 35 PARTICULATES REMOVAL MECHANISM
8 COMPRESSED AIR FILTER AND DRYER MARKET, BY PRODUCT (Page No. - 88)
8.1 INTRODUCTION
FIGURE 36 MARKET SEGMENTATION, BY PRODUCT
FIGURE 37 WORKING OF COMPRESSED AIR SYSTEMS
FIGURE 38 COMPRESSED AIR DRYER TO ACCOUNT FOR LARGER SIZE OF COMPRESSED AIR FILTER AND DRYER MARKET IN 2022
TABLE 20 COMPRESSED AIR FILTER AND DRYER MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 21 COMPRESSED AIR FILTER AND DRYER MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
8.2 COMPRESSED AIR DRYERS
FIGURE 39 REFRIGERATION DRYER SEGMENT TO HOLD LARGEST SIZE OF COMPRESSED AIR DRYER MARKET DURING FORECAST PERIOD
TABLE 22 COMPRESSED AIR DRYER MARKET, BY DRYER TYPE, 2018–2021 (USD MILLION)
TABLE 23 COMPRESSED AIR DRYER MARKET, BY DRYER TYPE, 2022–2027 (USD MILLION)
TABLE 24 COMPRESSED AIR DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 25 COMPRESSED AIR DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 26 COMPRESSED AIR DRYER MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 27 COMPRESSED AIR DRYER MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2.1 REFRIGERATION DRYERS
8.2.1.1 Refrigeration dryers have major applications in manufacturing industries
TABLE 28 OVERVIEW OF REFRIGERATION DRYERS
TABLE 29 REFRIGERATION DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 30 REFRIGERATION DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.2.2 DESICCANT/ADSORPTION DRYERS
8.2.2.1 Desiccant dryers are majorly applicable in pneumatic systems and large storage tanks
TABLE 31 OVERVIEW OF DESICCANT DRYERS
TABLE 32 DESICCANT DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 33 DESICCANT DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.2.3 DELIQUESCENT DRYERS
8.2.3.1 Desiccant dryers can operate on significantly lower dewpoints
TABLE 34 OVERVIEW OF DELIQUESCENT DRYERS
TABLE 35 DELIQUESCENT DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 36 DELIQUESCENT DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.2.4 MEMBRANE DRYERS
8.2.4.1 Membrane dryers require low maintenance and no electricity to operate
TABLE 37 OVERVIEW OF MEMBRANE DRYERS
TABLE 38 MEMBRANE DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 39 MEMBRANE DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.3 COMPRESSED AIR FILTERS
FIGURE 40 PARTICULATE FILTER SEGMENT TO HOLD LARGEST SIZE OF COMPRESSED AIR FILTER MARKET IN 2022
TABLE 40 COMPRESSED AIR FILTER MARKET, BY FILTER TYPE, 2018–2021 (USD MILLION)
TABLE 41 COMPRESSED AIR FILTER MARKET, BY FILTER TYPE, 2022–2027 (USD MILLION)
TABLE 42 COMPRESSED AIR FILTER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 43 COMPRESSED AIR FILTER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 44 COMPRESSED AIR FILTER MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 45 COMPRESSED AIR FILTER MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3.1 PARTICULATE FILTERS
8.3.1.1 Particulate filters are widely used to remove dust and particles from compressed air
TABLE 46 OVERVIEW OF PARTICULATE FILTERS
TABLE 47 PARTICULATE FILTER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 48 PARTICULATE FILTER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.3.2 COALESCING FILTERS
8.3.2.1 Coalescing filters significantly preferred in processing industries
TABLE 49 OVERVIEW OF COALESCING FILTERS
TABLE 50 COALESCING FILTER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 51 COALESCING FILTER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.3.3 COMPRESSED INTAKE FILTERS
8.3.3.1 Compressed intake filters filter dirt and tiny particles from compressed air
TABLE 52 OVERVIEW OF COMPRESSED INTAKE FILTERS
TABLE 53 COMPRESSED INTAKE FILTER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 54 COMPRESSED INTAKE FILTER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
8.3.4 ACTIVATED CARBON FILTERS
8.3.4.1 Odors and vapors are filtered with help of activated carbon filters
TABLE 55 OVERVIEW OF ACTIVATED CARBON FILTERS
TABLE 56 ACTIVATED CARBON FILTER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 57 ACTIVATED CARBON FILTER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9 COMPRESSED AIR FILTER AND DRYER MARKET, BY INDUSTRY (Page No. - 109)
9.1 INTRODUCTION
FIGURE 41 MARKET SEGMENTATION, BY INDUSTRY
FIGURE 42 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF COMPRESSED AIR FILTER AND DRYER MARKET IN 2022
TABLE 58 COMPRESSED AIR FILTER AND DRYER MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 59 COMPRESSED AIR FILTER AND DRYER MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)
9.2 AUTOMOTIVE
9.2.1 INCREASING DEMAND FOR HIGH-QUALITY PAINT FINISH IN AUTOMOTIVE INDUSTRY TO DRIVE GROWTH OF COMPRESSED AIR DRYERS
TABLE 60 COMPRESSED AIR FILTER AND DRYER MARKET FOR AUTOMOTIVE INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 61 COMPRESSED AIR FILTER AND DRYER MARKET FOR AUTOMOTIVE INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 62 COMPRESSED AIR FILTER AND DRYER MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 COMPRESSED AIR FILTER AND DRYER MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.3 OIL & GAS
9.3.1 GROWING ADVANCEMENTS IN DRILLING TECHNIQUES AND OIL REFINEMENT PROCESSES TO DRIVE GROWTH OF COMPRESSED AIR FILTER AND DRYER MARKET
TABLE 64 COMPRESSED AIR FILTER AND DRYER MARKET FOR OIL & GAS INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 65 COMPRESSED AIR FILTER AND DRYER MARKET FOR OIL & GAS INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 66 COMPRESSED AIR FILTER AND DRYER MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 67 COMPRESSED AIR FILTER AND DRYER MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.4 CHEMICALS
9.4.1 REQUIREMENT FOR HIGH-QUALITY COMPRESSED AIR TO PROPEL MARKET GROWTH
TABLE 68 COMPRESSED AIR FILTER AND DRYER MARKET FOR CHEMICALS INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 69 COMPRESSED AIR FILTER AND DRYER MARKET FOR CHEMICALS INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 70 COMPRESSED AIR FILTER AND DRYER MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 71 COMPRESSED AIR FILTER AND DRYER MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.5 POWER GENERATION
9.5.1 TEMPERATURE REGULATION IS OBTAINED BY COMPRESSED AIR DRYERS AND FILTERS IN POWER PLANTS
TABLE 72 COMPRESSED AIR FILTER AND DRYER MARKET FOR POWER GENERATION INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 73 COMPRESSED AIR FILTER AND DRYER MARKET FOR POWER GENERATION INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 74 COMPRESSED AIR FILTER AND DRYER MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 75 COMPRESSED AIR FILTER AND DRYER MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.6 FOOD & BEVERAGES
9.6.1 GROWING NEED FOR COMPRESSED AIR IN PACKAGING, FOOD MIXING, AND BOTTLING TO SUPPORT MARKET GROWTH
TABLE 76 COMPRESSED AIR FILTER AND DRYER MARKET FOR FOOD & BEVERAGES INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 77 COMPRESSED AIR FILTER AND DRYER MARKET FOR FOOD & BEVERAGES INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 78 COMPRESSED AIR FILTER AND DRYER MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 79 COMPRESSED AIR FILTER AND DRYER MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.7 METALS & MACHINERY
9.7.1 RISING DEMAND FOR OIL-FREE AIR ENVIRONMENT IN PRODUCTION OF PRECIOUS METALS TO DRIVE GROWTH OF COMPRESSED AIR FILTER AND DRYER MARKET
TABLE 80 COMPRESSED AIR FILTER AND DRYER MARKET FOR METALS & MACHINERY INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 81 COMPRESSED AIR FILTER AND DRYER MARKET FOR METALS & MACHINERY INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 82 COMPRESSED AIR FILTER AND DRYER MARKET FOR METALS & MACHINERY INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 83 COMPRESSED AIR FILTER AND DRYER MARKET FOR METALS & MACHINERY INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.8 PHARMACEUTICALS
9.8.1 GROWING NEED FOR COMPRESSED AIR IN PHARMACEUTICAL APPLICATIONS WILL DRIVE MARKET FOR COMPRESSED AIR FILTER AND DRYER
TABLE 84 COMPRESSED AIR FILTER AND DRYER MARKET FOR PHARMACEUTICALS INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 85 COMPRESSED AIR FILTER AND DRYER MARKET FOR PHARMACEUTICALS INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 86 COMPRESSED AIR FILTER AND DRYER MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 87 COMPRESSED AIR FILTER AND DRYER MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.9 ELECTRONICS
9.9.1 INCREASING DEMAND FOR HIGHEST PURITY STANDARDS OF COMPRESSED AIR IN ELECTRONICS INDUSTRY TO FUEL MARKET GROWTH
TABLE 88 COMPRESSED AIR FILTER AND DRYER MARKET FOR ELECTRONICS INDUSTRY, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 89 COMPRESSED AIR FILTER AND DRYER MARKET FOR ELECTRONICS INDUSTRY, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 90 COMPRESSED AIR FILTER AND DRYER MARKET FOR ELECTRONICS INDUSTRY, BY REGION, 2018–2021 (USD MILLION)
TABLE 91 COMPRESSED AIR FILTER AND DRYER MARKET FOR ELECTRONICS INDUSTRY, BY REGION, 2022–2027 (USD MILLION)
9.10 OTHERS
TABLE 92 COMPRESSED AIR FILTER AND DRYER MARKET FOR OTHER INDUSTRIES, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 93 COMPRESSED AIR FILTER AND DRYER MARKET FOR OTHER INDUSTRIES, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 94 COMPRESSED AIR FILTER AND DRYER MARKET FOR OTHER INDUSTRIES, BY REGION, 2018–2021 (USD MILLION)
TABLE 95 COMPRESSED AIR FILTER AND DRYER MARKET FOR OTHER INDUSTRIES, BY REGION, 2022–2027 (USD MILLION)
10 GEOGRAPHIC ANALYSIS (Page No. - 129)
10.1 INTRODUCTION
FIGURE 43 COMPRESSED AIR FILTER AND DRYER MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING 2022–2027
TABLE 96 COMPRESSED AIR FILTER AND DRYER MARKET, BY REGION, 2018–2021 (USD BILLION)
TABLE 97 COMPRESSED AIR FILTER AND DRYER MARKET, BY REGION, 2022–2027 (USD BILLION)
10.2 NORTH AMERICA
FIGURE 44 NORTH AMERICA: COMPRESSED AIR FILTER AND DRYER MARKET SNAPSHOT
TABLE 98 COMPRESSED AIR FILTER & DRYER MARKET IN NORTH AMERICA, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 99 COMPRESSED AIR FILTER & DRYER MARKET IN NORTH AMERICA, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 100 COMPRESSED AIR FILTER AND DRYER MARKET IN NORTH AMERICA, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 101 COMPRESSED AIR FILTER AND DRYER MARKET IN NORTH AMERICA, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 102 COMPRESSED AIR FILTER & DRYER MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 103 COMPRESSED AIR FILTER & DRYER MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION)
10.2.1 US
10.2.1.1 Growing demand for electric vehicles to fuel market growth in US
10.2.2 CANADA
10.2.2.1 Oil & gas and power are major contributors to market growth in Canada
10.2.3 MEXICO
10.2.3.1 Increasing investments in automotive industry to propel market growth in Mexico
10.3 EUROPE
FIGURE 45 EUROPE: COMPRESSED AIR FILTER AND DRYER MARKET SNAPSHOT
TABLE 104 COMPRESSED AIR FILTER & DRYER MARKET IN EUROPE, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 105 COMPRESSED AIR FILTER & DRYER MARKET IN EUROPE, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 106 COMPRESSED AIR FILTER AND DRYER MARKET IN EUROPE, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 107 COMPRESSED AIR FILTER AND DRYER MARKET IN EUROPE, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 108 COMPRESSED AIR FILTER & DRYER MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 109 COMPRESSED AIR FILTER & DRYER MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Automotive industry to fuel market growth in Germany
10.3.2 UK
10.3.2.1 Growing emphasis on quality standards in food & beverages industry to drive market growth
10.3.3 FRANCE
10.3.3.1 Power sector to provide growth opportunities for market in France
10.3.4 ITALY
10.3.4.1 Growing pharmaceuticals industry in Italy to aid growth of compressed air filter and dryer market
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
TABLE 110 COMPRESSED AIR FILTER AND DRYER MARKET IN ASIA PACIFIC, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 111 COMPRESSED AIR FILTER AND DRYER MARKET IN ASIA PACIFIC, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 112 COMPRESSED AIR FILTER AND DRYER MARKET IN ASIA PACIFIC, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 113 COMPRESSED AIR FILTER AND DRYER MARKET IN ASIA PACIFIC, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 114 COMPRESSED AIR FILTER & DRYER MARKET IN ASIA PACIFIC, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 115 COMPRESSED AIR FILTER & DRYER MARKET IN ASIA PACIFIC, BY COUNTRY, 2022–2027 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Growing electronics industry to drive market growth in China
10.4.2 JAPAN
10.4.2.1 Metals & machinery and automotive industries are largest contributors to market in Japan
10.4.3 INDIA
10.4.3.1 Market growth in India majorly propelled by pharmaceuticals and electronics industries
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
TABLE 116 COMPRESSED AIR FILTER AND DRYER MARKET IN REST OF THE WORLD, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 117 COMPRESSED AIR FILTER AND DRYER MARKET IN REST OF THE WORLD, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 118 COMPRESSED AIR FILTER AND DRYER MARKET IN REST OF THE WORLD, BY INDUSTRY, 2018–2021 (USD MILLION)
TABLE 119 COMPRESSED AIR FILTER AND DRYER MARKET IN REST OF THE WORLD, BY INDUSTRY, 2022–2027 (USD MILLION)
TABLE 120 COMPRESSED AIR FILTER & DRYER MARKET IN REST OF THE WORLD, BY REGION, 2018–2021 (USD MILLION)
TABLE 121 COMPRESSED AIR FILTER & DRYER MARKET IN REST OF THE WORLD, BY REGION, 2022–2027 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Brazil is major contributor to market growth in South America
10.5.2 MIDDLE EAST
TABLE 122 COMPRESSED AIR FILTER & DRYER MARKET IN MIDDLE EAST, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 123 COMPRESSED AIR FILTER & DRYER MARKET IN MIDDLE EAST, BY COUNTRY, 2022–2027 (USD MILLION)
10.5.2.1 Saudi Arabia
10.5.2.1.1 Growing crude oil production is prominent driver for market growth in Saudi Arabia
10.5.2.2 UAE
10.5.2.2.1 Several offshore field developments in UAE to support market growth
10.5.2.3 Rest of Middle East
10.5.3 AFRICA
10.5.3.1 Automotive and pharmaceuticals are major contributors to market growth in Africa
11 COMPETITIVE LANDSCAPE (Page No. - 151)
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/ RIGHT TO WIN
TABLE 124 OVERVIEW OF STRATEGIES ADOPTED BY COMPRESSED AIR FILTER AND DRYER VENDORS
11.3 REVENUE ANALYSIS OF TOP 5 COMPANIES
FIGURE 47 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN COMPRESSED AIR FILTER AND DRYER MARKET
11.4 MARKET SHARE ANALYSIS (2021)
TABLE 125 COMPRESSED AIR FILTER AND DRYER MARKET: MARKET SHARE ANALYSIS (2021)
11.5 COMPANY EVALUATION QUADRANT, 2021
11.5.1 STAR
11.5.2 PERVASIVE
11.5.3 EMERGING LEADER
11.5.4 PARTICIPANT
FIGURE 48 COMPRESSED AIR FILTER AND DRYER MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2021
11.6 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION QUADRANT, 2021
11.6.1 PROGRESSIVE
11.6.2 RESPONSIVE
11.6.3 DYNAMIC
11.6.4 STARTING BLOCK
FIGURE 49 COMPRESSED AIR FILTER AND DRYER MARKET (GLOBAL) SME EVALUATION QUADRANT, 2021
11.7 COMPRESSED AIR FILTER AND DRYER MARKET: COMPANY FOOTPRINT
TABLE 126 COMPANY FOOTPRINT
FIGURE 50 COMPANY INDUSTRY FOOTPRINT
TABLE 127 COMPANY PRODUCT TYPE FOOTPRINT
TABLE 128 COMPANY REGION FOOTPRINT
11.8 COMPRESSED AIR FILTER AND DRYER MARKET: SME MATRIX
FIGURE 51 COMPRESSED AIR FILTER AND DRYER MARKET: DETAILED LIST OF KEYS STARTUPS/SMES
FIGURE 52 COMPRESSED AIR FILTER AND DRYER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SCENARIO
TABLE 129 COMPRESSED AIR FILTER AND DRYER MARKET: PRODUCT LAUNCHES, 2020−2021
TABLE 130 COMPRESSED AIR FILTER AND DRYER MARKET: DEALS, 2021
12 COMPANY PROFILES (Page No. - 165)
12.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
12.1.1 ATLAS COPCO
TABLE 131 ATLAS COPCO: BUSINESS OVERVIEW
FIGURE 53 ATLAS COPCO: COMPANY SNAPSHOT
TABLE 132 ATLAS COPCO: PRODUCT OFFERING
TABLE 133 ATLAS COPCO: PRODUCT LAUNCHES
TABLE 134 ATLAS COPCO: DEALS
12.1.2 INGERSOLL RAND
TABLE 135 INGERSOLL RAND: BUSINESS OVERVIEW
FIGURE 54 INGERSOLL RAND: COMPANY SNAPSHOT
TABLE 136 INGERSOLL RAND: PRODUCT OFFERINGS
TABLE 137 INGERSOLL RAND: PRODUCT LAUNCHES
TABLE 138 INGERSOLL RAND: DEALS
12.1.3 PARKER-HANNIFIN
TABLE 139 PARKER-HANNIFIN: BUSINESS OVERVIEW
FIGURE 55 PARKER-HANNIFIN: COMPANY SNAPSHOT
TABLE 140 PARKER-HANNIFIN: PRODUCT OFFERINGS
TABLE 141 PARKER-HANNIFIN: PRODUCT LAUNCHES
12.1.4 PENTAIR
TABLE 142 PENTAIR: BUSINESS OVERVIEW
FIGURE 56 PENTAIR: COMPANY SNAPSHOT
TABLE 143 PENTAIR: PRODUCT OFFERINGS
TABLE 144 PENTAIR: PRODUCT LAUNCHES
12.1.5 DONALDSON COMPANY
TABLE 145 DONALDSON COMPANY: BUSINESS OVERVIEW
FIGURE 57 DONALDSON COMPANY: COMPANY SNAPSHOT
TABLE 146 DONALDSON COMPANY: PRODUCT OFFERINGS
TABLE 147 DONALDSON COMPANY: PRODUCT LAUNCHES
TABLE 148 DONALDSON COMPANY: DEALS
12.1.6 BOGE KOMPRESSOREN
TABLE 149 BOGE KOMPRESSOREN: BUSINESS OVERVIEW
TABLE 150 BOGE KOMPRESSOREN: PRODUCT OFFERINGS
TABLE 151 BOGE KOMPRESSOREN: PRODUCT LAUNCHES
12.1.7 KAESER KOMPRESSOREN
TABLE 152 KAESER KOMPRESSOREN: BUSINESS OVERVIEW
TABLE 153 KAESER KOMPRESSOREN: PRODUCT OFFERINGS
TABLE 154 KAESER KOMPRESSOREN: PRODUCT LAUNCHES
12.1.8 SPX FLOW
TABLE 155 SPX FLOW: BUSINESS OVERVIEW
FIGURE 58 SPX FLOW: COMPANY SNAPSHOT
TABLE 156 SPX FLOW: PRODUCT OFFERINGS
12.1.9 SULLAIR
TABLE 157 SULLAIR: BUSINESS OVERVIEW
TABLE 158 SULLAIR: PRODUCT OFFERINGS
12.1.10 SULLIVAN-PALATEK
TABLE 159 SULLIVAN-PALATEK: BUSINESS OVERVIEW
TABLE 160 SULLIVAN-PALATEK: PRODUCT OFFERINGS
12.2 OTHER PLAYERS
12.2.1 MIKROPOR MAKINA SANAYI VE TICARET
TABLE 161 MIKROPOR MAKINA SANAYI VE TICARET: COMPANY OVERVIEW
12.2.2 BEKO TECHNOLOGIES
TABLE 162 BEKO TECHNOLOGIES: COMPANY OVERVIEW
12.2.3 VAN AIR SYSTEMS
TABLE 163 VAN AIR SYSTEMS: COMPANY OVERVIEW
12.2.4 ING. ENEA MATTEI
TABLE 164 ING. ENEA MATTEI: COMPANY OVERVIEW
12.2.5 PRECISION FILTRATION PRODUCTS
TABLE 165 PRECISION FILTRATION PRODUCTS: COMPANY OVERVIEW
12.2.6 OMEGA AIR INŽENIRING D.O.O. LJUBLJANA
TABLE 166 OMEGA AIR INŽENIRING D.O.O. LJUBLJANA: COMPANY OVERVIEW
12.2.7 ALMIG KOMPRESSOREN
TABLE 167 ALMIG KOMPRESSOREN: COMPANY OVERVIEW
12.2.8 PREVOST
TABLE 168 PREVOST: COMPANY OVERVIEW
12.2.9 BAUER COMP HOLDING
TABLE 169 BAUER COMP HOLDING: COMPANY OVERVIEW
12.2.10 AIRFILTER ENGINEERING
TABLE 170 AIRFILTER ENGINEERING: COMPANY OVERVIEW
12.2.11 ATS S.R.L.
TABLE 171 ATS S.R.L.: COMPANY OVERVIEW
12.2.12 WALKER FILTRATION
TABLE 172 WALKER FILTRATION: COMPANY OVERVIEW
12.2.13 ALTEC
TABLE 173 ALTEC: COMPANY OVERVIEW
12.2.14 FST GMBH
TABLE 174 FST GMBH: COMPANY OVERVIEW
12.2.15 GENERON
TABLE 175 GENERON: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKET (Page No. - 209)
13.1 INDUSTRIAL REFRIGERATION SYSTEM MARKET
13.2 INTRODUCTION
TABLE 176 INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COMPONENT, 2017–2020 (USD MILLION)
FIGURE 59 COMPRESSORS TO LEAD INDUSTRIAL REFRIGERATION SYSTEM MARKET DURING FORECAST PERIOD
TABLE 177 INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
13.3 COMPRESSORS
TABLE 178 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY TYPE, 2017–2020 (USD MILLION)
FIGURE 60 SCREW COMPRESSORS TO COMMAND INDUSTRIAL REFRIGERATION SYSTEM MARKET DURING FORECAST PERIOD
TABLE 179 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 180 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY REGION, 2017–2020 (USD MILLION)
TABLE 181 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY REGION, 2021–2026 (USD MILLION)
TABLE 182 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 183 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR COMPRESSORS, BY APPLICATION, 2021–2026 (USD MILLION)
13.3.1 RECIPROCATING COMPRESSORS
13.3.1.1 Advantages such as low cost and high efficiency of reciprocating compressors to accelerate market growth
TABLE 184 INDUSTRIAL REFRIGERATION RECIPROCATING COMPRESSOR MARKET, BY TYPE, 2017–2020 (USD MILLION)
FIGURE 61 MARKET FOR SEMI-HERMETIC RECIPROCATING COMPRESSORS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 185 INDUSTRIAL REFRIGERATION RECIPROCATING COMPRESSOR MARKET, BY TYPE, 2021–2026 (USD MILLION)
13.3.1.2 Semi-hermetic type
13.3.1.3 Hermetic type
13.3.1.4 Open type
13.3.2 SCREW COMPRESSORS
13.3.2.1 Characteristics such as higher capacity output, larger compression ratios, and smoother control to deliver energy savings to propel growth of screw compressors
13.3.2.2 Single-screw compressors
13.3.2.3 Twin-screw compressors
13.4 CONDENSERS
TABLE 186 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY TYPE, 2017–2020 (USD MILLION)
FIGURE 62 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATIVE CONDENSERS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 187 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 188 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 189 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY REGION, 2021–2026 (USD MILLION)
TABLE 190 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 191 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONDENSERS, BY APPLICATION, 2021–2026 (USD MILLION)
13.4.1 AIR-COOLED CONDENSERS
13.4.1.1 Air-cooled condensers offer easy installation and low/less water consumption
13.4.2 WATER-COOLED CONDENSERS
13.4.2.1 Benefits such as higher efficiency and smaller space requirement to propel market growth
13.4.3 EVAPORATIVE CONDENSERS
13.4.3.1 Evaporative condensers to continue to dominate industrial refrigeration condenser market during forecast period
13.5 EVAPORATORS
13.5.1 APAC TO GROW AT HIGHEST CAGR FOR EVAPORATORS DURING FORECAST PERIOD
13.5.2 BY COOLING TYPE
13.5.2.1 Air-cooled evaporators
13.5.3 BY DESIGN TYPE
13.5.3.1 Bare tube evaporators
13.5.3.2 Plate type evaporators
13.5.3.3 Finned evaporators
13.5.3.4 Shell and tube type evaporators
TABLE 192 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATORS, BY REGION, 2017–2020 (USD MILLION)
FIGURE 63 APAC TO RECORD HIGHEST CAGR IN INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATORS DURING FORECAST PERIOD
TABLE 193 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATORS, BY REGION, 2021–2026 (USD MILLION)
TABLE 194 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATORS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 195 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR EVAPORATORS, BY APPLICATION, 2021–2026 (USD MILLION)
13.6 CONTROLS
13.6.1 CONTROL SYSTEMS HELP REMOTELY MONITOR INDUSTRIAL REFRIGERATION SYSTEMS, THEREBY LOWERING OPERATING & MAINTENANCE COSTS
13.6.2 COMPRESSOR CONTROLS
13.6.3 CONDENSER CONTROLS
13.6.4 EVAPORATOR CONTROLS
TABLE 196 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONTROLS, BY REGION, 2017–2020 (USD MILLION)
FIGURE 64 NORTH AMERICA TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONTROLS DURING FORECAST PERIOD
TABLE 197 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONTROLS, BY REGION, 2021–2026 (USD MILLION)
TABLE 198 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONTROLS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 199 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR CONTROLS, BY APPLICATION, 2021–2026 (USD MILLION)
13.7 VESSELS, PUMPS, VALVES, AND AUXILIARY EQUIPMENT
13.7.1 REFRIGERATED WAREHOUSE & FOOD PROCESSING INDUSTRY TO CREATE NEW MARKET OPPORTUNITIES FOR VESSELS, PUMPS, VALVES, AND AUXILIARY EQUIPMENT
TABLE 200 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR VESSELS, PUMPS, VALVES, & AUXILIARY EQUIPMENT, BY REGION, 2017–2020 (USD MILLION)
FIGURE 65 APAC TO WITNESS HIGHEST CAGR IN INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR VESSELS, PUMPS, VALVES, & AUXILIARY EQUIPMENT DURING FORECAST PERIOD
TABLE 201 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR VESSELS, PUMPS, VALVES, & AUXILIARY EQUIPMENT, BY REGION, 2021–2026 (USD MILLION)
TABLE 202 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR VESSELS, PUMPS, VALVES, & AUXILIARY EQUIPMENT, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 203 INDUSTRIAL REFRIGERATION SYSTEM MARKET FOR VESSELS, PUMPS, VALVES, & AUXILIARY EQUIPMENT, BY APPLICATION, 2021–2026 (USD MILLION)
14 APPENDIX (Page No. - 231)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the compressed air filter and dryer market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Two sources of information—secondary and primary—have been used to identify and collect information for an extensive technical and commercial study of the compressed air filter and dryer market.
Secondary Research
Secondary sources include company websites, magazines, industry news, associations, and databases (Factiva and Bloomberg). These secondary sources include annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.
The impact and implication of COVID-19 on various industries, as well as compressed air filter and dryer market, have also been discussed in this section. Various secondary sources include corporate filings such as annual reports, investor presentations, and financial statements, trade, business and professional associations, white papers, manufacturing associations, and more.
Primary Research
Primary sources mainly consist of several experts from the core and related industries, along with preferred compressed air filter and dryer providers, distributors, alliances, standards, and certification organizations related to various segments of this industry’s value chain.
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply-side included various industry experts (with a key focus on the impact of COVID-19), such as Chief Experience Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from compressed air filter and dryer providers, such as Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US); research organizations, distributors, industry associations, and key opinion leaders. Following is the breakdown of primary respondents.
The breakdown of primary respondents is provided below.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the compressed air filter and dryer market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:
- Major players in the industry and markets have been identified through extensive secondary research.
- The industry’s value chain and market size (in terms of value) have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Outlook And Growth Compressed Air Filter and Dryer and Air Compressor Dryer Market
The compressed air filter and dryer market, as well as the air compressor dryer market, are expected to experience steady growth in the coming years.
One of the key factors driving this growth is the increasing demand for clean and dry compressed air in various industrial applications, such as automotive manufacturing, food and beverage processing, pharmaceuticals, and electronics. Compressed air filters and dryers play a crucial role in removing impurities, moisture, and contaminants from compressed air, which can improve the efficiency and longevity of equipment and reduce maintenance costs.
The increasing adoption of automation and digitization in industries is also expected to drive the demand for compressed air filters and dryers. Automated systems require high-quality compressed air to ensure reliable and efficient operation, and the use of compressed air filters and dryers can help meet these requirements.
Moreover, the growing awareness about energy efficiency and sustainability is also driving the demand for compressed air filters and dryers. These products can help reduce energy consumption and lower the carbon footprint of industrial operations.
In terms of regional outlook, Asia Pacific is expected to be the fastest-growing market for compressed air filters and dryers, due to the increasing industrialization and infrastructure development in the region. North America and Europe are also expected to see steady growth due to the presence of established industrial markets.
How is Air Compressor Dryer Market Going to Impact in Air Compressor Filters?
The air compressor dryer market and the air compressor filter market are closely related, as both products play a critical role in ensuring the quality of compressed air.
Compressed air filters are used to remove contaminants, such as dirt, oil, and water, from compressed air. Without proper filtration, these contaminants can damage equipment and compromise the quality of compressed air. Air compressor filters are typically installed upstream of air dryers to remove larger particles and prevent them from clogging the dryer media.
Air compressor dryers, on the other hand, are used to remove moisture and humidity from compressed air, which can cause corrosion and damage to equipment. Air compressor dryers can be either refrigerated, desiccant, or membrane-type, depending on the specific application requirements.
The use of air compressor dryers can have an impact on the performance and maintenance requirements of air compressor filters. When compressed air is properly dried, the filter media can operate more efficiently and have a longer lifespan. Additionally, dry compressed air can help reduce the risk of contamination and damage to downstream equipment, which can further improve the performance and longevity of air compressor filters.
Some Futuristic Growth Use-cases Of Air Compressor Filters Market?
The Air Compressor Filter Market is expected to experience significant growth in the future, driven by the increasing demand for high-quality compressed air in various industries. Here are some futuristic growth use-cases for the Air Compressor Filter Market:
- 5G Networks: With the rollout of 5G networks, the demand for high-quality compressed air is expected to increase as it is used in various applications such as base stations and other wireless infrastructure. Air compressor filters are essential in removing impurities and moisture from compressed air, ensuring reliable and efficient operation of equipment.
- Semiconductor Manufacturing: The semiconductor manufacturing industry requires ultra-clean compressed air for various processes. Air compressor filters are used to remove contaminants and particulates from compressed air to ensure the purity of the manufacturing environment, which is crucial for producing high-quality semiconductor products.
- Medical Devices: The medical device industry requires high-quality compressed air for various applications such as medical equipment and surgical instruments. Air compressor filters are used to remove impurities and bacteria from compressed air to ensure the safety and effectiveness of medical devices.
- Food and Beverage Processing: The food and beverage industry requires compressed air for various applications such as bottling, packaging, and filling. Air compressor filters are used to remove contaminants and bacteria from compressed air to ensure the quality and safety of food and beverage products.
- Energy Sector: The energy sector requires compressed air for various applications such as power generation and oil and gas production. Air compressor filters are used to remove impurities and moisture from compressed air to ensure the reliability and efficiency of equipment in harsh environments.
Industries That Will Be Impacted in The Future by Air Dryer Filter
The Air Dryer Filter Market is expected to impact various industries in the future, as the demand for clean and dry compressed air continues to grow. Here are some industries that are likely to be impacted:
- Automotive Industry: The automotive industry requires clean and dry compressed air for various applications such as painting, welding, and assembly. Air dryer filters are used to remove moisture and contaminants from compressed air, which can improve the efficiency and quality of automotive production.
- Food and Beverage Industry: The food and beverage industry requires clean and dry compressed air for various applications such as packaging, filling, and conveying. Air dryer filters are used to remove moisture and contaminants from compressed air, which can ensure the safety and quality of food and beverage products.
- Pharmaceuticals Industry: The pharmaceuticals industry requires clean and dry compressed air for various applications such as manufacturing and packaging. Air dryer filters are used to remove moisture and contaminants from compressed air, which can ensure the purity and quality of pharmaceutical products.
- Electronics Industry: The electronics industry requires clean and dry compressed air for various applications such as circuit board manufacturing and semiconductor production. Air dryer filters are used to remove moisture and contaminants from compressed air, which can improve the reliability and performance of electronic components.
- Textile Industry: The textile industry requires clean and dry compressed air for various applications such as spinning and weaving. Air dryer filters are used to remove moisture and contaminants from compressed air, which can improve the quality and consistency of textile production.
Growth Opportunities and Key Challenges for Air Compressor Dryer Market in the Future
The Air Compressor Dryer Market is expected to experience significant growth in the future, driven by the increasing demand for clean and dry compressed air in various industries. However, there are also key challenges that the market will face. Here are some growth opportunities and key challenges for the air compressor dryer market in the future:
Growth Opportunities:
- Increasing Demand for Clean and Dry Compressed Air: With the growing awareness of the importance of clean and dry compressed air, the demand for air compressor dryers is expected to increase in various industries such as automotive, food and beverage, pharmaceuticals, and electronics.
- Technological Advancements: With the advancements in technology, air compressor dryers are becoming more efficient and reliable, leading to increased demand for the latest and most advanced models.
- Emerging Markets: Emerging markets such as Asia-Pacific and Latin America offer significant growth opportunities for the air compressor dryer market due to the increasing industrialization and urbanization in these regions.
Key Challenges:
- High Initial Investment: The initial investment required for air compressor dryers can be high, which can be a barrier to entry for smaller businesses.
- Maintenance Costs: The maintenance and repair costs associated with air compressor dryers can be high, which can impact the overall cost-effectiveness of these systems.
- Energy Consumption: Air compressor dryers can consume a significant amount of energy, which can increase operational costs for businesses.
- Environmental Impact: Air compressor dryers can generate heat and noise, and also release emissions that can have an environmental impact, which can become a concern for businesses operating in environmentally sensitive areas.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Report Objectives
- To define, describe and forecast the compressed air filter and dryer market, in terms of product, and industry.
- To describe and forecast the market, in terms of value, with regard to four main regions: North America, Europe, Asia Pacific, and Rest of the World along with their respective countries
- To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To provide a detailed overview of the value chain of compressed air filter and dryer
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the compressed air filter and dryer market
- To analyze opportunities in the market for stakeholders by identifying high-growth segments of the compressed air filter and dryer.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze competitive strategies, such as product launches and acquisitions, adopted by key market players in the compressed air filter and dryer market
Available Customizations:
Based on the given market data, MarketsandMarkets offers customizations in the reports according to the client’s specific requirements. The available customization options are as follows:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Generating Response ...
Growth opportunities and latent adjacency in Compressed Air Filter and Dryer Market