Compressed Air Treatment Equipment Market in dyers industry to reach $4bn by 2022 - PowerPoint PPT Presentation

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Compressed Air Treatment Equipment Market in dyers industry to reach $4bn by 2022

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Dryers’ market size is projected to hit USD 4 billion during the forecast period. Filters market is expected to grow with maximum gains in the industry. Particulate filter is poised to witness growth at a CAGR of over 6.5% in the near future. – PowerPoint PPT presentation

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Title: Compressed Air Treatment Equipment Market in dyers industry to reach $4bn by 2022


1
Compressed Air Treatment Equipment Market share
to reach 9.8bn by 2022 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2

Key Insights of Compressed Air Treatment
Equipment Market
  • Compressed air treatment equipment market size is
    forecast to register significant growth and
    surpass USD 9.8 billion at a growing CAGR of more
    than 6 from 2015 to 2022. Escalating demand from
    various application areas is poised to spur
    growth in the near future.
  • Compressed air systems are widely adopted by the
    majority of manufacturers globally including
    electronics and semiconductors, healthcare and
    pharmaceutical, food and beverages, etc. This is
    likely to further the market demand.
  • This equipment is mostly used in manufacturing
    sectors for numerous tasks involved like vacuum,
    valve operation, cleaning, spray coating and
    packing. This necessitates treatment equipment
    system to meet air quality standards appropriate
    for the target applications. Clean and dry air
    helps in lowering operational cost and efficient
    production activity. Hygiene and safety are prime
    concerns in food and medical industry.
    Proliferation of this system in both these
    sectors is likely to impel the demand growth.

3
Continued
  • The system inhibits problems due to contaminants
    like oil, dirt, moisture or water that can result
    into damage to the production equipment like air
    tools, air motors, cylinders and valves. In
    addition to this, absence of these filters might
    lead to damage, decline in production capability,
    spoiled products, etc. the system also aids in
    lowering pressure drop and resultant energy.
  • The installation of this system involves high
    capital investment. Moreover, the system consumes
    considerable amount of energy and needs regular
    maintenance. This is likely to hamper the market
    growth. The technology advancement and advent of
    more energy efficient equipment across various
    applications is likely to open new avenues for
    market growth.
  • Breathing air application sector with its
    affluent applications is poised to witness latent
    opportunities in the near future owing to surge
    in diving and medical sectors. Several standards
    and regulations formulated to promote production
    and use of clean air are anticipated to influence
    the industry growth positively.

4
Asia Pacific compressed air treatment equipment
market size, by application, 2012-2022 (USD
Million)

5

Browse Full Market Research Report of Compressed
Air Treatment Equipment Market_at_
https//goo.gl/Hw6udE Request for a Sample of
this Research report _at_ https//www.fractovia.org/r
equest-sample/104
6
Continued.
  • Dryers market size is projected to hit USD 4
    billion during the forecast period. Filters
    market is expected to grow with maximum gains in
    the industry. Particulate filter is poised to
    witness growth at a CAGR of over 6.5 in the near
    future.
  • North America market is expected to continue
    growth over the projected period. Asia Pacific
    compressed air treatment equipment market,
    especially in India and China is predicted to
    register highest gains.
  • Fairly consolidated Compressed air treatment
    equipment market is topped by five industry
    players. Atlas Copco, Parker Hannifin
    Corporation, Gardner Denver, Ingersoll-Rand and
    Kaeser Compressors are the major players in the
    industry.

7
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