Press release
Oil Free Air Compressor Market Outlook and Analysis to 2026 – Leading Top Companies are AireTex Compressors, Atlas Copco, FS Elliot Co, Hanwha Techwin, Ingersoll Rand Plc, Bauer Group, Gardner Denver, Anest Iwata, Kaeser Kompressoren, Boge Kompressoren,
The worldwide market size for oil free air compressor was estimated at USD 10.85 billion in 2017 and it is anticipated to grow at a CAGR of 4.6% during the forecast period. The growing demand for contamination free air, better air quality for critical environments, and to reduce the total cost of ownership are some of the major factors which are driving the growth of this market. These days businesses are focusing more of cost-cutting by implementing energy-efficient compressors. They provide different advantages such as lower maintenance cost along with less expensive filter replacements. They also reduce the extra energy which is required to maintain the pressure drops in the filters, thus reducing the cost of ownership.Download PDF Sample: https://bit.ly/2RNnuaW
There has been an increasing demand for contamination free air in different industries such as healthcare, pharma, chemical, water treatment, electronic & semiconductor and food & beverage among others. The compressed air from oil free air compressors can be dried to the nitrogen specifications which can be used by these industries. Such air is also called as Clean Dry Air (CDA) which has its major application in the electronics and semiconductor industry. This CDA can be achieved only through the usage of these compressors. Along with its application in the electronics vertical, they have a major role to play in the food and beverage industries. Compressed air is majorly used during the packaging and bottling process, where it is used to control the valves and actuators in automatic food processing lines. They are also used during the mixing process, thus avoiding any contamination of oil. Majority of the cleaning of the packaging material is done by these oil free compressors.
The healthcare and pharma are another vertical where these compressors play a major role. Operation theaters in hospitals or the R&D labs of the pharma companies require clean and purified air as they cannot afford to have any contamination in the air. The oil free compressors help them to achieve this, by circulating pure air in the environment. The demand for oil free air compressors is also on the rise due to increasing compliance and regulations from various governments for energy efficient production, environmental compliances and health & safety standards. To adhere to these norms, companies are focusing on their implementation. Government from developing countries are also supporting and implementing these standards, which is helping the market to have a desired momentum.
Some of the major aspects of this product includes low maintenance, low energy cost which is avoided due to the elimination of the need overcome the pressure drop, lesser oil change intervals and less expensive filter replacements. These compressors also have less wearing parts and inbuilt thermo over-load for extra safety. It also limits wear and tear in cooler running pump, the cast press barrel lowers wearing of the pump thus expanding the product life. These factors are expected to boost the worldwide market throughout the forecast years.
The oil free compressors are segmented by three major types which includes reciprocating, rotary screw and rotary centrifugal. The rotary screw type of compressor has the highest market share; however, the rotary centrifugal compressors is expected to be the fastest growing segment. The growth in this type is majorly due to the increased proliferation in the manufacturing sector as they reduce the overall operating cost by eliminating the compressor oil separator element and reducing the filter replacement cost. The market is also segmented by the placement type of the compressors which include portable and stationary. The market for portable oil free air compressor has the highest market share since these compressors can be moved easily, requires less space and can be easily moved to multiple locations. These compressors are also low on maintenance, and have a better aftermarket service as compared to their counterpart. On the other hand, stationary compressors are bulky and may utilize more space as compared to some portable compressors.
Major industry players include AireTex Compressors, Atlas Copco, FS Elliot Co, Hanwha Techwin, Ingersoll Rand Plc, Bauer Group, Gardner Denver, Anest Iwata, Kaeser Kompressoren, Boge Kompressoren, Mehrer Compression GmbH, Cook Compression, Frank Technologies, Hitachi Industrial Equipment Systems Co., Ltd. Rolair Systems, Sullair Corp among others.
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