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Refrigerated Air Dryers Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

01-22-2024 08:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Refrigerated Air Dryers Market Size
The global Refrigerated Air Dryers revenue was US$ 993 million in 2022 and is forecast to a readjusted size of US$ 1500.3 million by 2029 with a CAGR of 6.0% during the forecast period (2023-2029).
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Refrigerated Air Dryers Market
Refrigerated compressed air dryer is a type of compressed air dryer, used to dry compressed air. Compressed air always contains water, coming from the air that is sucked in by the compressor
Refrigerated compressed air dryers are one of the most common used types of air dryers. They are simple in design, need very little maintenance and are relatively cheap.
In India, the Refrigerated Air Dryers revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Refrigerated Air Dryers key players include SMC, Hitachi, Parker Hannifin, Donaldson, Ingersoll Rand, etc. Global top five players hold a share about 25%.
North America is the largest market, with a share about 30%, followed by Europe and Asia-Pacific, having a total share about 55 percent.
In terms of product, Non-cycling is the largest segment, with a share about 60%. And in terms of application, the largest application is Chemical Industry, followed by Food and Beverages, Pharmaceutical, etc.
This report focuses on global and India Refrigerated Air Dryers market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Refrigerated Air Dryers will continue to grow rapidly in the future.
Global Refrigerated Air Dryers Scope and Market Size
Refrigerated Air Dryers market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Refrigerated Air Dryers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Refrigerated Air Dryers market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

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Segment by Type
• Cycling
• Non-cycling

Segment by Application
• Chemical
• Food and Beverages
• Pharmaceutical
• Others

By Company
SMC, Parker Hannifin, Sullair, Donaldson, Ingersoll Rand., Atlas Copco, Hitachi, SPX Flow, Gardner Denver, CKD, MTA, Kaeser Compressors, ZEKS, Anest Iwata, Beko Technologies, Aircel

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