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The global compressed air treatment equipment industry is expected to grow at a CAGR of nearly 6.2% in the forecast period of 2024-2032 to reach a value of around USD 17.07 billion by 2032.
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Compressed air is used to power machineries and with the rising industrialisation in Asia Pacific countries like India and China, which are massively promoting made-in-their own country initiatives, the market for compressed air treatment equipment appears sound and is expected to rise in the forecast period. Developed regions like North America and Europe are already technically advanced countries which have heavy deployment of machineries and consequently, requirement for air compressors and treatment equipment for compressed air is greater there. With rising industries in all major countries for food and beverage, pharmaceuticals, energy exploration and others, use of air compressors is most common and to ensure clean air is utilised in this process, contaminating particles must be removed with the help of filters, dryers, and other such relevant equipment. Cleaning the air will help in efficient and faster process facilitation by machineries and safeguard them against particles that corrode which will surge the demand for them.
Compressed air treatment equipment helps in dehumidifying and cleaning the air before it enters the air compressor. The system helps in lowering the dew point of the air and removing particles that may potentially impact the air compressor. Air dryers and air filters are an effective example of equipment used for this purpose.
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The market, based on product, comprises of:
Based on the application, the market is divided into:
The end users of the industry are:
The regional markets can be classified into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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Air compressors are used widely to fulfil a variety of purposes across different industries. The high rise in the demand for effective air compressors is one of the reasons for increasing demand for compressed air treatment equipment. Air compressors are used for inflating vehicle’s tires at gas stations, painting vehicles with an airbrush, spraying crops in agriculture and farming, operating laundry presses and steam cleaners, filling equipment for drinks and cooling and freezing products in food and beverage industry, and numerous other reasons in industries ranging from pharmaceuticals, food and beverage, energy exploration, agriculture and farming, dry cleaning to manufacturing. Therefore, this requires deployment of an effective compressed air treatment system to protect the compressor. Such treatment equipment is highly demanded as they ensure efficient and prolonged running of the systems by minimizing rust and corrosion that wet and dirty air can cause. This will also increase efficiency in end-use machinery by reducing CO2 emissions, energy consumption and overall costs. Additionally, treated air enables the compressor to work quieter which further expands the demand for such equipment as noise from the system is undesirable.
The report presents a detailed analysis of the following key players in the global compressed air treatment equipment market looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by End-User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of nearly 6.2% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 17.07 billion by 2032.
The major drivers of the market include the rising population, increased use of air compressors because of its functional benefits and the need to safeguard the system from dirt and rusting.
Deployment of air compressors in various end-use industries for clean and dry compressed air and increased usage in the nitrogen production process are the key trends of this market.
The major markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different products in the market include filters, dryers, and aftercoolers, among others.
The applications involve plant air/ shop air, instrument air, process air and breathing air.
The end-users include chemical, paper, food and beverage, healthcare, automotive, and industrial, among others.
The key players in the global compressed air treatment equipment market are Atlas Copco Corporation, Donaldson Company, Inc., Beko Technologies, Boge Compressors Limited, and Gardner Denver, Inc., among others.
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