Press release
Membrane Compressed Air Dryer Market Poised to Hit $2.19 Billion by 2029 with Accelerating Growth Trends
Membrane Compressed Air Dryer
Membrane Compressed Air Dryer Market Size Growth Forecast: What to Expect by 2025?
The market size of the membrane-compressed air dryer has seen a significant expansion in the past few years. It is projected to increase from $1.32 billion in 2024 to $1.46 billion in 2025 with a compound annual growth rate (CAGR) of 10.8%. Factors contributing to the growth during the historical period include enhanced industrial air quality standards, increasing consumption in the food and beverage industry, an uptick in manufacturing activities in the pharmaceutical sector, heightened knowledge on compressed air pollution, and a rise in the acquisition of oil-free air systems.
How Will the Membrane Compressed Air Dryer Market Size Evolve and Grow by 2029?
In the forthcoming years, the membrane compressed air dryer market is set to experience significant expansion. The market is projected to reach a value of $2.19 billion by 2029, escalating at a compound annual growth rate (CAGR) of 10.7%. The factors driving growth during the projected period include increased emphasis on energy efficiency, progressive industrial automation, a heightened focus on sustainability, the expansion of the food and pharmaceutical sectors, and the emergence of renewable energy projects. Important trends anticipated throughout this period involve improvements in energy-efficient technology, the use of advanced membrane materials for enhanced performance, the creation of compact and portable dryer systems, innovations in low-maintenance design, and advancements in integration with intelligent industrial systems.
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What Drivers Are Propelling the Growth of Membrane Compressed Air Dryer Market Forward?
The escalating attention on energy conservation is foreseen to fuel the expansion of the membrane compressed air dryer market in the future. The growing focus on energy efficiency arises from the necessity to lower greenhouse gas emissions, cut down operational expenses, and meet stricter environment laws to battle climate change and guarantee long-term resource sustainability. A membrane-compressed air dryer elevates energy efficiency by functioning without the need for electricity or moving parts, depending solely on air pressure to eliminate moisture. This structure significantly reduces energy usage as it has no motors or heating elements, commonly found in other drying systems. For instance, as per the Department for Energy Security and Net Zero, a UK government department, in December 2023, the energy company obligation (ECO) stayed as the biggest energy efficiency program, contributing to 83% of all implemented measures in 2023. Throughout the year, ECO provided 265,000 measures, marking a surge of 61% as compared to 2022. Therefore, the intensified emphasis on energy efficiency and sustainability is pushing the growth of the membrane compressed air dryer market.
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Which Emerging Trends Are Transforming the Membrane Compressed Air Dryer Market in 2025?
Leading firms in the membrane compressed air dryer market are emphasizing on the creation of advanced products such as energy-saving dryers with integrated dew point monitoring to boost efficiency, cut down energy usage, and guarantee steady air quality. Dryers that are energy-efficient and incorporate dew point monitoring are drying solutions that curtail energy consumption while measuring and regulating moisture in compressed air continuously. They aid in maintaining the best drying efficiency, avoiding excessive or insufficient drying, and lessening energy use overall. For example, Dri-Air Industries, Inc., a United States manufacturing company, in March 2024, introduced the MD (MicroDryer) Series. This innovative series comprises energy-efficient membrane compressed air dryers fitted with a membrane filter and compressed air prefilter enabling achievement of very low dew points of -40°F and lower. The dryers also come with integrated features such as a dew point meter and a touchscreen interface, facilitating precise moisture regulation, lower energy usage, and uniform air quality adaptable for lower-throughput uses like medical molding. The introduction of this new technology underscores the organization's dedication to advancing drying technology that caters to processing sensitive, high-value resins with reduced operational expenditure.
What Are the Key Segments in the Membrane Compressed Air Dryer Market?
The membrane compressed air dryer market covered in this report is segmented -
1) By Type: Deliquescent Air Dryers, Membrane Air Dryers, Desiccant Air Dryers, Refrigerated Air Dryers
2) By Technology: Standard Technology, Advanced Technology
3) By Application: Industrial, Food And Beverage, Healthcare, Electronics, Other Applications
4) By Distribution Channel: Direct Sales, Distributors, Online Sales
5) By End-User: Manufacturing, Automotive, Pharmaceuticals, Food Processing, Other End-Users
Subsegments:
1) By Deliquescent Air Dryers: Portable Deliquescent Air Dryers, Stationary Deliquescent Air Dryers, Disposable Cartridge Deliquescent Air Dryers
2) By Membrane Air Dryers: Hollow Fiber Membrane Dryers, Spiral Wound Membrane Dryers, Composite Membrane Dryers
3) By Desiccant Air Dryers: Heatless Desiccant Air Dryers, Heated Desiccant Air Dryers, Blower Purge Desiccant Air Dryers, Heat Of Compression Desiccant Air Dryers
4) By Refrigerated Air Dryers: Cycling Refrigerated Air Dryers, Non-Cycling Refrigerated Air Dryers, Portable Refrigerated Air Dryers, Rack Mounted Refrigerated Air Dryers
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Who Are the Key Players Shaping the Membrane Compressed Air Dryer Market's Competitive Landscape?
Major companies operating in the membrane compressed air dryer market are Siemens Energy AG, Parker-Hannifin Corporation, Atlas Copco AB, SMC Corporation, Ingersoll Rand Inc., Donaldson Company Inc., SPX Flow Inc., Kaeser Kompressoren SE, Fusheng Group Co. Ltd., Elgi Equipments Limited, Quincy Compressor Inc., BOGE Kompressoren GmbH & Co. KG, Kobe Steel Ltd., Sullivan-Palatek Inc., Pneumatech Inc., Champion Pneumatic Inc., MTA S.p.A., Dri-Air Industries Inc., Mattei S.p.A., Sigma Air Corporation
What Geographic Markets Are Powering Growth in the Membrane Compressed Air Dryer Market?
North America was the largest region in the membrane compressed air dryer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the membrane compressed air dryer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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