Compressed Air Filter & Dryer Market by Product, End-Use Industry

Description

List of Tables

[199 Pages Report] The Compressed Air Filter & Dryer Market size was estimated at USD 6.06 billion in 2023 and expected to reach USD 6.38 billion in 2024, at a CAGR 5.42% to reach USD 8.77 billion by 2030.

Global Compressed Air Filter & Dryer Market

KEY MARKET STATISTICS
Base Year [2023]	USD 6.06 billion
Estimated Year [2024]	USD 6.38 billion
Forecast Year [2030]	USD 8.77 billion
CAGR (%)	5.42%

Compressed Air Filter & Dryer Market - IMG1

Compressed air filters and dryers are integral components of virtually any industrial pneumatic system, designed to effectively eliminate various impurities, such as particulates, water vapor, oil mist, and other possible contaminants, to ensure the seamless, efficient, and long-term operation of pneumatic tools, machinery, and equipment. The efficiency of a compressed air filter and dryer largely depends on its particulate and moisture removal capabilities, pressure drop attributes, and overall durability. These units are predominantly utilized in various industrial sectors including manufacturing, energy, healthcare, and automotive, among others, which require clean, dry air to perform operations smoothly. An increase in industrialization, coupled with the rising emphasis on product quality and safety standards, has increased the adoption of these devices. The expanding manufacturing sector worldwide has triggered the need for effective filtration and drying units to meet the growing demand for clean, dry air. However, regulations pertaining to energy consumption and emissions pose a substantial hindrance. The complexity and the cost associated with the production, installation, and maintenance of these devices might restrain the market growth. Developments such as smart filters and dryers equipped with IoT technology for real-time monitoring and predictive maintenance are expected to propel the market growth further. The automatization trend in various industries also creates significant potential for market expansion.

Regional Insights

In the Americas region, the vast presence of manufacturing and processing industries has propelled market growth in the face of heavy reliance on the use of purified and dried compressed air. Further, technological innovations and increased efficiency of compressed air filters & dryers have contributed to its increasing applications. In the EU region, strong industrial bases in major economies, along with stringent environmental regulations for industries, place significant emphasis on using compressed air filters and dryers. Notable research and patent filings from major players have contributed to the adaptive trends of these technologies in the region. In the MEA region, increasing industrialization in major economies has provided a growth landscape for compressed air filters and dryers. In the Asia-Pacific region, an ascent of the compressed air filter and dryer market is fueled by the combined effect of rapid industrial development, technological progress, heightened air quality awareness, and beneficial governmental policies.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Compressed Air Filter & Dryer Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Compressed Air Filter & Dryer Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Compressed Air Filter & Dryer Market, highlighting leading vendors and their innovative profiles. These include A.T.S. s.r.l., Airfilter Engineering, ALMiG Compressors GmbH, Altec Air, Atlas Copco AB, BAUER COMP Holding GmbH, Beko Technologies, Boge Kompressoren, Donaldson Company, Inc., FST GmbH Filtrations-Separations-Technik, GENERON, Ing. Enea Mattei SpA, Ingersoll Rand Inc., Kaeser Compressors, Inc., Metal Work S.p.A., Omega Air d.o.o., Parker-Hannifin Corporation, Pentair plc, Precision Filtration Products, Prevost SAS, SPX Flow, Inc., Sullair by Hitachi, Ltd., Sullivan-Palatek Inc., Van Air Systems, and Walker Filtration.

Market Segmentation & Coverage

This research report categorizes the Compressed Air Filter & Dryer Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Compressed Air Dryers
  - Deliquescent Dryers
  - Desiccant/Adsorption Dryers
  - Membrane Dryers
  - Refrigeration Dryers
- Compressed Air Filters
  - Activated Carbon Filters
  - Coalescing Filters
  - Compressed Intake Filters
  - Particulate Filters
End-Use Industry
- Automotive
- Chemicals
- Electronics
- Food & Beverages
- Metals & Machinery
- Oil & Gas
- Pharmaceuticals
- Power Generation
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Compressed Air Filter & Dryer Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Compressed Air Filter & Dryer Market?

3. What are the technology trends and regulatory frameworks in the Compressed Air Filter & Dryer Market?

4. What is the market share of the leading vendors in the Compressed Air Filter & Dryer Market?

5. Which modes and strategic moves are suitable for entering the Compressed Air Filter & Dryer Market?

Product Code: MRR-564C6E98E4F2

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Compressed Air Filter & Dryer Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing use to protect equipment against hazardous and corrosive environments
  - 5.1.1.2. Increasing use across pharmaceutical sector to maintain hygiene standards
  - 5.1.1.3. Strict government regulations for effective filtration and drying across industrial areas
- 5.1.2. Restraints
  - 5.1.2.1. Risk associated with the system explosion and high cost of maintenance
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing advancements in compressed air filters and dryers
  - 5.1.3.2. Emphasis on eco-friendly filters and dryers with an extended lifespan
- 5.1.4. Challenges
  - 5.1.4.1. Lack of skilled technicians for the proper installation and maintenance
5.2. Market Segmentation Analysis
- 5.2.1. Product: Burgeoning adoption of desiccant/adsorption dryers owing to their cost-effective and energy-efficient operation
- 5.2.2. End-Use Industry: Evolving applications of compressed air filters & dryers in the food & beverages industry
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Compressed Air Filter & Dryer Market, by Product

6.1. Introduction
6.2. Compressed Air Dryers
- 6.3.1. Deliquescent Dryers
- 6.3.2. Desiccant/Adsorption Dryers
- 6.3.3. Membrane Dryers
- 6.3.4. Refrigeration Dryers
6.3. Compressed Air Filters
- 6.4.1. Activated Carbon Filters
- 6.4.2. Coalescing Filters
- 6.4.3. Compressed Intake Filters
- 6.4.4. Particulate Filters

7. Compressed Air Filter & Dryer Market, by End-Use Industry

7.1. Introduction
7.2. Automotive
7.3. Chemicals
7.4. Electronics
7.5. Food & Beverages
7.6. Metals & Machinery
7.7. Oil & Gas
7.8. Pharmaceuticals
7.9. Power Generation

8. Americas Compressed Air Filter & Dryer Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Compressed Air Filter & Dryer Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Compressed Air Filter & Dryer Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Agreement, Collaboration, & Partnership
  - 11.3.1.1. Compair Guarantees More Process Reliability For Production in Healthcare Companies
- 11.3.2. New Product Launch & Enhancement
  - 11.3.2.1. ELGi Launches AR Premium Series Cycling Refrigerated Dryers
  - 11.3.2.2. ELGi to Launch the New GP35FP Portable Air Compressor at CONEXPO-CON/AGG 2023

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. A.T.S. s.r.l.
- 12.1.2. Airfilter Engineering
- 12.1.3. ALMiG Compressors GmbH
- 12.1.4. Altec Air
- 12.1.5. Atlas Copco AB
- 12.1.6. BAUER COMP Holding GmbH
- 12.1.7. Beko Technologies
- 12.1.8. Boge Kompressoren
- 12.1.9. Donaldson Company, Inc.
- 12.1.10. FST GmbH Filtrations-Separations-Technik
- 12.1.11. GENERON
- 12.1.12. Ing. Enea Mattei SpA
- 12.1.13. Ingersoll Rand Inc.
- 12.1.14. Kaeser Compressors, Inc.
- 12.1.15. Metal Work S.p.A.
- 12.1.16. Omega Air d.o.o.
- 12.1.17. Parker-Hannifin Corporation
- 12.1.18. Pentair plc
- 12.1.19. Precision Filtration Products
- 12.1.20. Prevost SAS
- 12.1.21. SPX Flow, Inc.
- 12.1.22. Sullair by Hitachi, Ltd.
- 12.1.23. Sullivan-Palatek Inc.
- 12.1.24. Van Air Systems
- 12.1.25. Walker Filtration
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing