The global Compressed
Air Filter and Air Dryer market is foreseen to grow at 5.9%, from USD 5.7 Billion
in 2021 to USD 9.0 Billion in 2029. Growing adoption of compressed air systems
to increase productivity, and surging demand for compressed air solutions from
food & beverages industry are the factors driving the growth of the global Compressed
Air Filter and Air Dryer market. However, Requirement of periodic maintenance, High
working pressure induces risk of system explosion is anticipated to restraint
the market growth for the estimated period.
Market Definition
What is Compressed Air
Filter and Air Dryer?
A compressed
air dryer is a piece of equipment designed to separate water vapor or moisture
(de-humidify) from industrial process air. In the typical system, a compressor
draws in humid air and compresses it, which raises the air temperature and then
cooling the air condensing water vapor out of the unit.
Research Scope
The report
provides market value for base year 2021 and a yearly forecast from 2022 to
2029 in terms of revenue (USD Million). Market for each segment is present on
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
as well as regional basis for the above-mentioned forecast period.
Key industry
dynamics, regulatory scenario, major material dynamics and Compressed Air
Filter and Air Dryer future markets are analyzed to understand their impact on
demand for the forecast period. Growth rates have been estimated using
correlation, regression and time-series analysis.
Market Overview
Compressed Air
Filter and Air Dryer market report also provide a thorough understanding of the
cutting-edge competitive analysis of the emerging market trends along with the
drivers, restraints, challenges, and opportunities in the Compressed Air Filter
and Air Dryer market to offer worthwhile insights and current scenario for
making right decision. The report covers the prominent players in the market
with detailed SWOT analysis, financial overview, and key developments of the
products/services from the past three years. Moreover, the report also offers a
360º outlook of the market through the competitive landscape of the global
industry player and helps the companies to garner Compressed Air Filter and Air
Dryer market revenue by understanding the strategic growth approaches.
Compressed Air
Filter and Air Dryer Market study by “Zettabyte Analytics” provides details
about the market dynamics affecting the market, Market scope, Market
segmentation and overlays shadow upon the leading market players highlighting
the favorable competitive landscape and trends prevailing over the years.
Market Segmentation
For the purpose
of this report, the global Compressed Air Filter and Air Dryer market is
segmented on the basis of Type, Capacity, Application and region:
Type
|
Refrigerated Dryers
|
|
Non-Cycling Refrigerant Dryers
|
|
Cycling Refrigerant Dryers
|
Desiccant / Adsorption Dryer / Regenerative
Dryers
|
|
Heatless Air Dryer
|
|
Heated Air Dryer
|
|
Heat of Compression
|
Chemical Air Dryers
|
Membrane Air Dryers
|
|
|
Capacity
|
<500 m3/hr
|
500-2,000 m3/hr
|
2,000-4,000m3/hr
|
4,000-10,000m3/hr
|
>10,000 m3/hr
|
|
|
Application
|
Aerospace & Defense
|
Automotive
|
Chemicals & Petrochemicals
|
Electronics & Semiconductors
|
Food & Beverages
|
Industrial Machinery
|
|
Heavy Machinery & Equipment
|
|
Precision Machinery
|
Metallurgy
|
Oil & Gas
|
Paper & Pulp
|
Pharmaceuticals & Healthcare
|
Power & Utility
|
Others
|
Type Outlook:
On the basis of
Type , the market is segmented into Refrigerated Dryers, Desiccant / Adsorption
Dryer / Regenerative Dryers, Chemical Air Dryers, Membrane Air Dryers.
Figure 1 - Compressed Air Filter and Air
Dryer Market, By Type (Market Size And Forecast By Value - USD Million, 2021
& 2029)