DUBLIN , May 17, 2022 /PRNewswire/ -- The "Compressed Air Treatment Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global compressed air treatment equipment market reached a value of US$ 8.26 billion in 2021. Looking forward, the market is projected to reach a value of US$ 12.05 billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor. Compressed air treatment equipment is a mechanical device that is used to dehumidify and clean air before entering the compressor. It involves the use of particulate, moisture, coalescing, high-temperature after-filter, moisture separator, refrigerated, deliquescent, membrane and desiccant air dryer.
The equipment assists in lowering the dew point of the air and removing particles that may negatively impact the air compressor. It is widely used in robotic arms, conveyor systems, paint sprays, nitrogen generation, jackhammers, drills and drying. Compressed air treatment equipment is compact, lightweight and assists in improving operations, maintaining productivity, and reducing rust and corrosion. Consequently, it finds extensive applications across food and beverage (F&B), aerospace, automotive, manufacturing, pharmaceuticals, power generation and medical industries. Compressed Air Treatment Equipment Market Trends
The increasing prevalence of various chronic diseases, such as cardiovascular diseases, especially amongst the rising geriatric population is creating a positive outlook for the market growth. Compressed air treatment equipment is widely used in respiratory support devices, including oxygen generators, atomizers, and life-support machines. Apart from this, the increasing demand for highly purified compressed air in the pharmaceutical industry for material handling, product drying, tablet coating and nitrogen generation is favoring the market growth.
Moreover, rapid technological advancements, such as the introduction of environment-friendly compressors that provide stability and ensure clean and dry air quality, are providing a considerable boost to the market growth. Additionally, the increasing product utilization in the F&B industry for air cleaning containers before product packaging and filling is positively impacting the market growth. Other factors, including rising industrialization, particularly in emerging economies, along with the increasing research and development (R&D) activities to launch novel air compressors, are anticipated to drive the market further toward growth.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. Key Questions Answered in This Report
How has the global compressed air treatment equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global compressed air treatment equipment market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the End-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global compressed air treatment equipment market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered: 1 Preface 2 Scope and Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Compressed Air Treatment Equipment Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Product 6.1 Filters 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Dryers 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Aftercoolers 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Application 7.1 Plant Air 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Instrument Air 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Process Air 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Breathing Air 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Others 7.5.1 Market Trends 7.5.2 Market Forecast 8 Market Breakup by End User 8.1 Chemical 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Paper 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Food and Beverage 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Pharmaceuticals 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Healthcare 8.5.1 Market Trends 8.5.2 Market Forecast 8.6 Others 8.6.1 Market Trends 8.6.2 Market Forecast 9 Market Breakup by Region 10 SWOT Analysis 11 Value Chain Analysis 12 Porters Five Forces Analysis 13 Price Analysis 14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 Airfilter Engineering 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.2 Alpha-Pure Corporation 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.3 Atlas Copco AB 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio 14.3.3.3 Financials 14.3.3.4 SWOT Analysis 14.3.4 BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.5 Donaldson Company Inc. 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.5.3 Financials 14.3.5.4 SWOT Analysis 14.3.6 Ingersoll Rand Inc. 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.6.3 Financials 14.3.6.4 SWOT Analysis 14.3.7 Kaeser Compressors Inc. 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.8 Mann+Hummel 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.9 Mattei Compressors Inc. 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.10 Parker-Hannifin Corporation 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.10.3 Financials 14.3.10.4 SWOT Analysis 14.3.11 Pentair plc 14.3.11.1 Company Overview 14.3.11.2 Product Portfolio 14.3.12 Pneumatech 14.3.12.1 Company Overview 14.3.12.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/90uy4k
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
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