openPR Logo
Press release

Compressed Air Treatment Equipment Market to reach USD 311.40 Bn by 2029, emerging at a CAGR of 5.5% and forecast (2022-2029)

04-18-2024 11:51 AM CET | Industry, Real Estate & Construction

Press release from: Allied market research

/ PR Agency: Allied
Compressed Air Treatment Equipment Market 676788980987899

Compressed Air Treatment Equipment Market 676788980987899

Compressed Air Treatment Equipment Market by Product type (Filters, Dryers, Aftercooler), by Application (Plant Air, Instrument Air, Process Air, Breathing Air), by End User Industry (Chemical, Food and Beverage, Healthcare, Pharmaceuticals, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031."According to the report, the global compressed air treatment equipment industry generated $8.95 billion in 2021, and is estimated to reach $15.30 billion by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. The report offers a detailed analysis of the changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Download Sample PDF (240 Pages with More Insight):
https://www.alliedmarketresearch.com/request-sample/A13190

Drivers and Opportunities
Growth in manufacturing, chemical, and construction sectors where clean and dry compressed air is used to drive conveyor systems, robotic arms, press, paint sprays, drills, & jackhammer, increase in demand for compressed medical air in other end-use industries such as paper, automotive, healthcare and food & beverages, growing applications of compressed air in processes such as nitrogen production, cleaning of an area, aeration, and drying, rise in precision engineering, surge in manufacturing competency to enhance productivity, and rise in efficiency and effectiveness of production facilities and machineries drive the growth of the global compressed air treatment equipment market. However, high cost associated with compressed air treatment hinder the market growth. On the other hand, rise in industrialization and increase in research and development (R&D) activities to launch novel air compressors present new opportunities in the market in the coming years.

Covid-19 Scenario
The COVID-19 pandemic had a negative impact on the global trade, economy, finance and human health.
Production of various products in the compressed air treatment equipment market came to a halt due to lockdowns and other stringent laws laid down by governments.
However, the pandemic now receding with the introduction of affective vaccines for COVID-19 and companies in the compressed air treatment equipment industry are reopening at their full-scale capacities, thereby helping the market to recover gradually.
In addition, equipment & machinery producers must focus on safeguarding their staff, operations, and supply chains to cater to urgent emergencies and introduce new ways of working.

The dryers segment to hold the lion's share during the forecast period
Based on product type, the dryers segment contributed to nearly three-fifths of the global compressed air treatment equipment market in 2021, and is expected to maintain a noteworthy growth during the forecast period. The growing penetration of the advanced technologies such as IoT and RFID in industries like food & retail, semiconductor, and pharmaceutical is driving the growth of the dryers in air compression treatment equipment market. On the other hand, the filter segment is projected to witness the fastest CAGR of 6.8% from 2022 to 2031. The sales of dust filter are growing in developing countries like the U.S., China, South Africa and India, owing to the growing urbanization and industrial developments.

Buy Now this Report @checkout link: -
https://www.alliedmarketresearch.com/checkout-final/e8efc3e7c81a6ed49073e0cb640c07f0

The food and beverage segment to maintain its leadership status during the forecast period
Based on end user, the food and beverage segment accounted for the largest market share of more than one-third of the global compressed air treatment equipment market in 2021 and is likely to maintain its leadership role during the forecast period. Air compressors are widely used to automate food and beverage production, from evenly filling pastries to peeling vegetables, to boost output and cut waste, which drives the segment. However, the healthcare segment is expected to register the highest CAGR of 7.0% during the forecast period. Air compressors used in the medical industry generally produce low vibrations and offer noise-free and oil-free lubrication, owing to their high quality and efficient compression capabilities.

Asia-Pacific to maintain its dominance in 2031
Based on region, Asia-Pacific held the highest market share in 2021, accounting for nearly two-fifths of the global compressed air treatment equipment market, and is expected to maintain its dominance during the forecast period. Moreover, the same segment is projected to manifest the fastest CAGR of 6.7% during the forecast period. This is due to the ongoing investments in the chemical and healthcare sectors in China and India. Furthermore, the Asia-Pacific region is projected to witness an increase in the adoption of compressed air treatment equipment due to development in healthcare, chemical and automotive industries.

For Purchase Enquiry at:
https://www.alliedmarketresearch.com/purchase-enquiry/A13190

Leading Market Players
Airfilter Engineering, Alpha-Pure Corporation, BEKO Technologies, BOGE Compressors, Brehob Corporation, Central Air Compressor, Donaldson Company Inc., GEM Equipment's Ltd., Ingersoll Rand, Kaeser Kompressoren, MANN+HUMMEL, Mattei, Metro Air Compressor, Parker Hannifin Corp., Pentair Engineered Filtration, Quincy Compressors, Werther International

Similar Reports:
Industrial Dehumidifier Market
https://www.alliedmarketresearch.com/industrial-dehumidifier-market-A12619
HVAC Filters Market
https://www.alliedmarketresearch.com/hvac-filters-market-A11335
HVAC Equipment Market
https://www.alliedmarketresearch.com/hvac-equipment-market-A12450
Filtration and Separation Market
https://www.alliedmarketresearch.com/filtration-and-separation-market-A05976

About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: Fax: +1-800-792-5285
help@alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Compressed Air Treatment Equipment Market to reach USD 311.40 Bn by 2029, emerging at a CAGR of 5.5% and forecast (2022-2029) here

News-ID: 3468587 • Views:

More Releases from Allied market research

Armed for Advancement : Unveiling the $14.15 Billion Global Small Arms Market Forecasted for 2032 with a 5.3% CAGR by Allied Market Research
Armed for Advancement : Unveiling the $14.15 Billion Global Small Arms Market Fo …
Allied Market Research published a report, titled, "Small Arms Market by Type, Action End Use Sector, and Region. By Type, (Pistol, Shotgun, Revolver, and Others). Based on Action (Automatic and Semi-Automatic). By End Use Sector (Civil & Commercial and Defense). Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global small arms industry generated $8.42 billion in 2022, and is anticipated to generate $14.15 billion by 2032,
Flexible Battery Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2032
Flexible Battery Market Analysis, Trends, Top Manufacturers, Share, Growth, Stat …
Allied Market Research published an exclusive report, titled, "Flexible Battery Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Voltage, by Rechargeability, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032". Global Flexible Battery Market was valued at $0.17 billion in 2022 and is projected to reach $1.5 billion by 2032, growing at a CAGR of 24.9% from 2023 to 2032. Download Research Report Sample & TOC :
Industry 5.0 Market Size is Expected to Reach $637.4 Billion by 2032
Industry 5.0 Market Size is Expected to Reach $637.4 Billion by 2032
Allied Market Research published an exclusive report, titled, "Industry 5.0 Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology, by End-Use Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032". The Global Industry 5.0 Market was valued at $129.1 billion in 2022, and is projected to reach $637.4 billion by 2032, growing at a CAGR of 17.3% from 2023 to 2032. Download Research Report Sample & TOC : https://www.alliedmarketresearch.com/request-sample/A313229 Industry 5.0
Leak Detection Market Growth, Latest Trends, Competitive Scenario, and Regional Analysis, 2023 to 2032
Leak Detection Market Growth, Latest Trends, Competitive Scenario, and Regional …
Allied Market Research published an exclusive report, titled, "Leak Detection Market by Technology (Acoustic/Ultrasound, Fiber Optic, Pressure-flow Deviation Methods, Mass/Volume Balance, Thermal Imaging, and Others) and End User (Oil and Gas, Chemical Plants, Water Treatment Plants, Thermal Power Plants, Mining and Slurry, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". The Global Leak Detection Market was valued at $4.7 billion in 2022, and is projected to reach $8.2 billion by

All 5 Releases


More Releases for Air

Air Ambulance Services Market Future Growth Analysis 2026 With Global Eminent Pl …
Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has led to rampant growth of efficient and on-the-time delivery air ambulance services market size. Air ambulance services refer to transport or evacuation facilities provided to patients in emergency situations at the accident site, home, or hospital. Air ambulances are equipped with advanced medical facilities, including devices used in emergencies, to provide immediate medical
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft. Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in