San Francisco, 16
November 2018 - The
global compressed air treatment equipmentmarket 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.
To request a sample copy
or view summary of this report:
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.
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
- Particulate filter/pre-filter
- Coalescing filter/oil removal
- Adsorber filter/oil vapor removal
- Filtered centrifugal separator
- High temperature afterfilters
- Moisture separators
- Dryers
- Refrigerated dryers
- Desiccant dryers
- Membrane dryers
- 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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Middle East & Africa
Access Press Release Of This Research
Report by Grand View Research:
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.
No comments:
Post a Comment