Compressed Air Treatment Equipment Market - Global Industry Analysis by Application and Regional Outlook till 2024

Rapidly developing industrialization and increasing importance on the product quality are the crucial factors for the compressed air treatment equipment market growth for plant air application segment. The products are often recommended to supply clean dry air for operations so as to prevent damage to the supply lines, pipes, and fittings due to dirt, moisture, or oil. These contaminants may result in a high drop of pressure, leading to an undesirable energy loss in air compression along with reduction in the operational efficiency at the point of use.

Compressed Air Treatment Equipment Market will likely surpass USD 11 billion by 2024; according to a new research report.

The chemical industry expansion in Latin America and MEA regions will be the key factor for compressed air treatment equipment market growth in future. Compressed air industry scope includes fermentation and aeration, air separation in pressure swing adsorption (PSA) plants, etc. Compressed air is also used in pneumatic transport and control systems of chemicals inside the plants. Developing areas such as Argentina, Brazil and Mexico have witnessed tremendous industrial growth since the last two decades and will witness significant product demand in the forecast timespan. Additionally, rapid improvements in pharmaceutical sector in Asia Pacific will boost the compressed air treatment equipment market over forecast spell.

Browse key industry insights spread across 669 pages with 681 market data tables & 12 figures & charts from the report, “Compressed Air Treatment Equipment Market Size By Product (Filters [Particulate Filter/ Pre-Filter, Coalescing Filter/ Oil Removal, Adsorber Filter/ Oil Vapor Removal, Filtered Centrifugal Separator, High Temperature After Filters, Moisture Separators], Dryers [Refrigerated Dryers, Desiccant Air Dryers, Membrane Dryers, Deliquescent Dryers], Aftercoolers), By Application (Plant Air/ Shop Air, Instrument Air, Process Air, Breathing Air), By End-User (Chemical, Paper, Food & Beverage, Healthcare, Automotive, Industrial, Steel, Construction, Aerospace, Electronics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Netherlands, Belgium, Switzerland, Austria, Hungary, Poland, Romania, Czech Republic, Slovenia, Ukraine, Greece, Sweden, Denmark, China, India, Japan, Australia, Indonesia, Malaysia, Singapore, Korea, Thailand, Vietnam, Cambodia, Brazil, Mexico, Venezuela, Argentina, Peru, Chile, Colombia, Saudi Arabia, Qatar, UAE, South Africa, Morocco, Algeria, Tunisia, Egypt, Libya, Sudan), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

   
Growing automation of the food and beverage industry and rising demand for packed food and snacks around the globe will increase the dependence on clean and food standard compressed air for activities such as vacuum generation, cleaning, bottle dehydration, spray coating, etc., hence enhancing the compressed air treatment equipment market growth throughout the forecast span. Rising industrial development in emerging countries like China and India will have a significant influence on the global compressed air treatment equipment market. Incessant requirement of clean and moisture-free compressed air to ensure the prolonged life of the costly machineries involved in manufacturing will boost the product demand in coming years.

End-user segments includes food and beverages, automotive, steel, aerospace, healthcare, chemical, electronics, chemical and industrial. Food and beverage section will register over USD 1 billion in 2024 due to the distinctive uses of compressed air in the food and beverage industry including product handling, transportation across the production line, food filling machines, in fluid pumps, etc.

Manufactures present in the industry include Beko Technologies, Omega Air, Emerson Climate Technologies, Friulair, Omega Air, Pentair, Walker Filtration, CompAir, Seneca Companies, and many more.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Compressed Air Treatment Equipment Market - Global Industry Analysis by Application and Regional Outlook till 2024 Compressed Air Treatment Equipment Market - Global Industry Analysis by Application and Regional Outlook till 2024  Reviewed by Vinayak Shinde on October 11, 2019 Rating: 5

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