Compressed Air Treatment Equipment Market is anticipated to reach approximately USD 9.55 billion by 2022; Ingersoll-Rand plc, Gardner Denver Inc., and Parker Hannifin Corp.
The Global Compressed Air Treatment Equipment Market was worth USD 5.25 billion in the year 2012 and is expected to reach approximately USD 9.55 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.54% during the forecast period. Compressed air treatment is a technique that dehumidifies and cleans air prior to its entering the air compressor. This procedure commonly includes the utilization of an air dryer and air filter past the air filter found in an air compressor. A viable compressed air treatment system brings down the dew point of the air and takes out particles that may adversely affect the air compressor. Compressed air treatment not only enables the systems to function productively, however it additionally expands the life span of the system by reducing rust and erosion that can be caused by wet, mucky air. Because the air being utilized by the air compressor is clean; it can run with speed and doesn't contain particles that can erode the machine after some time. Further, air that has experienced compressed air treatment is dry, which means it doesn't encourage the development of rust like wet or sticky air does.
Top Most Players:
The major players in the market are Ingersoll-Rand plc, Gardner Denver Inc., and Parker Hannifin Corp.
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The global Compressed Air Treatment Equipment market is segmented as follows :
Plant Air/Shop Air
By End User:
Food & Beverage
Other End Users
North America: U.S, Canada, Mexico
Europe: Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific: Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World: Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Growth Booster of Market:
The rising use of compressed air together with the development of sophisticated and novel gadgets used as a part of production bases has quickened the demand for clean air, which is hence expected to spur the compressed air treatment equipment market growth over the estimated time frame. Compact air treatment is thought to be an outstanding choice while putting resources into a compressor since this treatment equipment not just protects the system from all types of contaminants yet in addition enhance the system productivity and increase system life by decreasing erosion and rust which is one of the major factors that boost the market development. Moreover, the availability of superior filters that help to reduce pressure loss by around 40-50 percent is accomplished through an enhanced filter design matched with creative filtration technology, which is foreseen to spur the product demand extensively in the upcoming years.
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Major Table of Contents:
4.Compressed Air Treatment Equipment Market, By Product
5.Compressed Air Treatment Equipment Market, By Application
6.Compressed Air Treatment Equipment Market, By End User
Reason to buy our Report:
The global compressed air treatment equipment market is anticipated to witness significant growth in the upcoming years which is majorly due to the rising importance of treated compressed air in many production facilities.
In 2016 Dryers developed as the biggest product section and is primarily driven by an expanded requirement for refrigerated air dryers attributable to their capacity to give constant drying at a surrounding temperature and guaranteeing proficient execution through a low upkeep design.
In 2016 the requirement for compressed air treatment equipment in the food & beverage area was the most elevated; a pattern anticipated that would proceed throughout the following years, basically attributable to the need to cling to strict cleanliness confinements that administer the business.
Asia Pacific represented almost 30 percent of the general income share in 2016 and is anticipated to command the market throughout the following couple of years.
The Compressed Air Treatment Equipment Market report based on our unique research methodology delivers thorough analytical scrutiny of the Market dispersed across several segments. The report also consists of current size and summary of the market of this industry coupled with outlook prospects. Moreover, key market manufacturers of Compressed Air Treatment Equipment are studied on many aspects such as company overview, product portfolio, revenue details during the forecasted year. Also, the complete potential of the market is briefed in the full report.
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Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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