Compressed Air Treatment Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Compressed Air Treatment Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global compressed air treatment equipment market size reached US$ 8.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

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.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global compressed air treatment equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and end user.

Breakup by Product:

Filters
Dryers
Aftercoolers
Others

Breakup by Application:

Plant Air
Instrument Air
Process Air
Breathing Air
Others

Breakup by End User:

Chemical
Paper
Food and Beverage
Pharmaceuticals
Healthcare
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
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?