Press release
Asia Pacific Compressed Air Treatment Equipment Market 2019 Analysis, Opportunities And Forecast To 2024
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According to the Graphical Research new growth forecast report titled Asia Pacific Compressed Air Treatment Equipment Market By Application (Plant Air/ Shop Air, Instrument Air, Process Air, Breathing Air), By Product (Filters [Particulate Filter/ Pre-Filter, Coalescing Filter/ Oil Removal, Adsorber Filter/ Oil Vapor Removal, Filtered Centrifugal Separator, High Temperature After Filters, Moisture Separators], Dryers [Refrigerated Dryers, Desiccant Air Dryers, Membrane Dryers, Deliquescent Dryers], Aftercoolers), By End-User (Chemical, Paper, Food & Beverage, Healthcare, Automotive, Industrial, Steel, Construction, Aerospace, Electronics), Industry Analysis Report, Regional Outlook (China, India, Japan, Australia, Indonesia, Malaysia, Singapore, Korea, Thailand, Vietnam, Cambodia) Estimated to surpass USD 4.5 billion by 2024
Based on product segment, Asia Pacific compressed air treatment equipment market is categorized into filter, dryers, air coolers and other products. Filters segment is likely to occupy a fair share of over 70% by volume and nearly 40% by revenue in 2018, and is estimated to growth with highest CAGR of more than 7.5% during the study period. Beside this, dryers hold the largest share by revenue owing to its wide usage in industrial applications and higher prices. Aftercooler and other products will also show a fair growth in their usage for various applications during the forecast timeframe.
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By application, nearly 35% compressed air treatment equipment is used for process air applications which contributes to more than 30% of revenue in Asia Pacific compressed air treatment equipment market based on application. Beside this, the product usage in breathing and instrument air has increased over the recent years and is estimated to upsurge with a CAGR of nearly 7% during the study period. Moreover, product usage in plant air/ shop air applications is also likely gain momentum in the Asia Pacific market over the coming years.
Based on end-use sector, nearly 25% compressed air treatment equipment is used in steel and industrial sector. Beside this, its usage in aerospace, electronics and chemical sector has increased over the recent years in the region.
Compressed air treatment equipment market participants in the Asia Pacific region includes Elgi Compressors, Ingersoll Rand, Aircel Corporation, Gardner Denver, Atlas Copco, among several others.
Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1228/asia-pacific-compressed-air-treatment-equipment-market
Asia Pacific Compressed Air Treatment Equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Segments Covered in this Report:
Asia Pacific Compressed Air Treatment Equipment Market Size, By Product
Filters
Dryers
Aftercoolers
Others
Asia Pacific Compressed Air Treatment Equipment Market Value, By Application
Plant air/shop air
Instrument air
Process air
Breathing air
Asia Pacific Compressed Air Treatment Equipment Market Trends, By End-User
Chemical
Paper
Food & beverage
Healthcare
Automotive
Industrial
Steel
Construction
Aerospace
Electronics
Others
Browse key industry insights from this Report @ https://www.graphicalresearch.com/industry-insights/1228/asia-pacific-compressed-air-treatment-equipment-market
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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