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Air Compressor Filter and Compressed Air Dryer Market Trend by Top Key Players 2020-2024: Atlas Copco, Ingersoll-Rand, Parker-Hannifin, Mann+Hummel, Donaldson Company and Others.

02-14-2020 10:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Air Compressor Filter and Compressed Air Dryer Market Trend

According to Market Study Report, Air Compressor Filter and Compressed Air Dryer Market provides a comprehensive analysis of the Air Compressor Filter and Compressed Air Dryer Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Air Compressor Filter and Compressed Air Dryer Market.

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The Air Compressor Filter and Compressed Air Dryer Market was valued at US$ 5.4 Billion in 2020 and is projected to reach US$ 7.5 Billion by 2025; it is expected to grow at a CAGR of 7.0% from 2020 to 2025. This report spread across 146 Pages, Profiling 10 Companies and Supported with 92 Tables and 44 figures is now available in this research.

Top Key Players Profiled in the Air Compressor Filter and Compressed Air Dryer Market:
o Atlas Copco (Sweden)
o Ingersoll-Rand (US)
o Parker-Hannifin (US)
o Mann+Hummel (Germany)
o Donaldson Company (US)
o SPX Flow (US)
o BOGE Kompressoren (Germany)
o Kaeser Kompressoren(Germany)
o Sullair (US)
o Sullivan-Palatek (US)

"Compressed air dryers accounted for larger share of air compressor filter and compressed air dryer market in 2019"
Compressed air dryers have high demand in various industry verticals for the drying of the compressed air stream, as well as setting proper dew point according to prescribed standards. The demand for refrigeration dryers is expected to be high during the forecast period. The market for desiccant dryers is expected to grow at the highest CAGR from 2020 to 2025.

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"Automotive industry to hold major share of air compressor filter and compressed air dryer market during forecast period"
The automotive industry is one of the largest revenue-generating industries in the world. The automotive industry is expected to flourish in the coming years owing to rising demand from countries such as China, the US, and Germany. Air compressor filters and compressed air dryers are fundamental to the automotive industry. Filters and dryers are used for cabin air filtration, air conditioning, spray painting, laser purging, and are used in air spindles, air bearings, air guns, and pneumatic brakes in automobiles.

"North America to be largest market for air compressor filter and compressed air dryer systems during forecast period"
The US is a major contributor to the North American air compressor filter and compressed air dryer market. The presence of a large number of manufacturing facilities of automotive and food &beverages industries is expected to drive the air compressor filter and compressed air dryer market in North America.

Competitive Landscape of Air Compressor Filter and Compressed Air Dryer Market:
1 Overview
2 Ranking of Players in Compressed Air Filter and Dryer Market
3 Competitive Leadership Mapping
3.1 Visionaries
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Situations & Trends
4.1 Acquisitions & Mergers
4.2 Product Launches
4.3 Expansions

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Reason to access this report:
o Illustrative segmentation, analysis, and forecast for markets based on product, industry, and geography have been conducted to give an overall view of the air compressor filter and compressed air dryer market.

o A value chain analysis has been performed to provide an in-depth insight into the air compressor filter and compressed air dryer market.

o Major drivers, restraints, opportunities, and challenge spertaining to the air compressor filter and compressed air dryer market have been detailed in this report.

o The report includes adetailed competitive landscape along with key players, in-depth analysis, and revenues of key players.

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