The qualitative research study conducted by Market Study Report titled “Global Compressed Air Treatment Equipment Market Report” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Compressed Air Treatment Equipment market.
Rapid industrial expansion in the Asia Pacific region will be one of the major factors influencing the compressed air treatment equipment market. Countries such as India, China, Japan, and Indonesia have undergone tremendous growth in the last couple of years and will display exceptional industrial development in the succeeding decade. Moreover, continuous improvements in the chemical & pharmaceutical industries of China and India will further propel the compressed air treatment equipment market in the forecast period.
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More than 75% of all the industrial applications require compressed air at some point of their operating cycle. Treatment equipment is essential for every pneumatic application owing to its effects on production environment and the machinery life cycle. Compressed air treatment equipment is also used to reduce the air pressures in compressors which results in better energy conservation and improving operational efficiency.
Compressed air treatment equipment market will see growth barriers in the upcoming years owing to its high operational and maintenance costs. Around 70% of the of the total cost incurred is of the energy that the equipment consumes. Also, huge capital expenditure on the machineries make them less preferred for buying. Customers tend to obtain the desired machinery on a rental basis which makes it easy for them to save the maintenance and capital cost, and also use superior and developed machinery each time. These factors may result in slower growth of compressed air treatment equipment market in the forecast spell.
Considering products, aftercoolers, dryers, filters and others are the four segments of compressed air treatment equipment market. The dryers segment will hold a significant share of over USD 4 billion by 2024 to capture more than a third of the global market. These products have extensive usage in removing or reducing the amount of water in the process or instrument air.
On the basis of application, the market is classified into breathing air, process air, instrument air, and shop air. With a significant share in the compressed air treatment equipment market, breathing air segment will surpass USD 3 billion by 2024. Rising awareness about the worker safety and regulatory standards for the same will boost the segment growth in coming years.
Industrial end-user segment, including general manufacturing, holds a major chunk of share in the global compressed air treatment equipment market due to the increasing automation and popularity of pneumatic precision engineering systems. The segment will surpass USD 2 billion by 2024 growing with over 5.5% CAGR.
Asia Pacific leads the compressed air treatment equipment market and is likely to surpass USD 10 billion by the end of the forecast spell owing to the presence of a large number of manufacturing as well as chemical industries. North America, led by the U.S. will grow at a stable rate of close to 5.5% in the coming years.
Key brands in the entire compressed air treatment equipment market are CompAir, Atlas Copco, Chicago Pneumatic, Kaeser Kompressoren, Ingersoll-Rand, Walker Filtration, Sullivan-Palatek, Seneca Companies, Precision Filtration Products, Norgren, Friulair, Bauer Compressors, Gardner Denver, Donaldson Company, Emerson Climate Technologies, Beko Technologies, Omega Air, and Pentair to name a few.
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Compressed air treatment equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2013 to 2024, for the following segments:
Key Table Points Covered in Compressed Air Treatment Equipment Market Report:
Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Compressed air treatment equipment market 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-user trends
2.1.5. Regional trends
Chapter 3. Compressed Air Treatment Equipment Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.2. Industry pitfalls & challenges
3.5. Technology landscape
3.6. Raw material analysis
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Cost structure analysis
3.9. Innovation & sustainability
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. Company market share, 2016
3.12.1. Strategic dashboard
3.13. PESTEL analysis
Chapter 4. Compressed Air Treatment Equipment Market, By Product
4.1. Global compressed air treatment equipment market share by product, 2016 & 2024
4.2. Filters
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.2.3. Particulate filter/ pre-filter
4.2.3.1. Market estimates and forecast, 2013 - 2024
4.2.3.2. Market estimates and forecast, by region, 2013-2024
4.2.4. Coalescing filter/ oil removal
4.2.4.1. Market estimates and forecast, 2013 - 2024
4.2.4.2. Market estimates and forecast, by region, 2013-2024
4.2.5. Adsorber filter/ oil vapor removal
4.2.5.1. Market estimates and forecast, 2013 - 2024
4.2.5.2. Market estimates and forecast, by region, 2013-2024
4.2.6. Filtered centrifugal separator
4.2.6.1. Market estimates and forecast, 2013 - 2024
4.2.6.2. Market estimates and forecast, by region, 2013-2024
4.2.7. High temperature after filters
4.2.7.1. Market estimates and forecast, 2013 - 2024
4.2.7.2. Market estimates and forecast, by region, 2013-2024
4.2.8. Moisture separators
4.2.8.1. Market estimates and forecast, 2013 - 2024
4.2.8.2. Market estimates and forecast, by region, 2013-2024
4.3. Dryers
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013-2024
4.3.3. Refrigerated dryers
4.3.3.1. Market estimates and forecast, 2013 - 2024
4.3.3.2. Market estimates and forecast, by region, 2013-2024
4.3.4. Desiccant air dryers
4.3.4.1. Market estimates and forecast, 2013 - 2024
4.3.4.2. Market estimates and forecast, by region, 2013-2024
4.3.5. Membrane dryers
4.3.5.1. Market estimates and forecast, 2013 - 2024
4.3.5.2. Market estimates and forecast, by region, 2013-2024
4.3.6. Deliquescent dryers
4.3.6.1. Market estimates and forecast, 2013 - 2024
4.3.6.2. Market estimates and forecast, by region, 2013-2024
4.4. Aftercoolers
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013-2024
4.5. Others (purifiers, drain traps, etc.)
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013-2024
Chapter 5. Compressed Air Treatment Equipment Market, By Application
5.1. Global compressed air treatment equipment market share by application, 2016 & 2024
5.2. Plant air/ shop air
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013-2024
5.3. Instrument air
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 - 2024
5.4. Process air
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 - 2024
5.5. Breathing air
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by region, 2013 - 2024
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