Compressed Air Treatment Equipment Market in Asia Pacific | Future Challenges and Growth Outlook by 2021-2027

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Asia Pacific Compressed Air Treatment Equipment
Market to Exceed USD 4.5 Bn by 2027 Graphical
Research
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• APAC Compressed Air Treatment Equipment Market
  size is set to hit USD 4.5 billion by 2027,
  according to a latest forecast report by
  Graphical Research. The rising adoption of
  automation and rapid industrialization is likely
  to escalate the industry growth.
• Some of the key findings of the compressed air
  treatment equipment industry analysis report
  include
• The rapid industrialization in the region is
  anticipated to create a positive outlook for the
  compressed air treatment equipment market and is
  likely to drive the demand for compressed air
  applications.
• Expanding healthcare sector and continuous
  development of new drugs will positively impact
  the industry progress.
• Key manufacturers include Gem Equipments (p)
  Ltd., Delair India Pvt. Ltd., Trident Pneumatics
  Private Limited, Sintonik Equipments, (P) Ltd.,
  Annair Drychill Tech (India) Pvt., Ltd.,
  Ingersoll Rand Inc., Atlas Copco, Shanghai
  Crownwell Compressor Co., Ltd., Sullair, LLC,
  Kaeser Kompressoren, Bauer Compressors Co. Ltd.,
  Quincy Compressor Group, and Donaldson Company,
  Inc.
• Product manufacturers are focused on strategic
  initiatives, such as mergers, acquisitions, and
  joint ventures for the long run.
•  
• The rapid industrial growth in countries, such as
  India and China is likely to play a crucial role
  in the expansion of the compressed air treatment
  equipment market. The increasing requirement to
  extend the life of expensive machinery in
  manufacturing industries is fueling the demand
  for moisture-free and clean compressed air.

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Among the products, filters is anticipated to
expand at a CAGR of 7.1 through 2027. Growth is
ascribed to the increasing demand for filters.
They are efficient in removing contaminants from
the air after compression. A comprehensive range
of filters, including coalescing filter,
particulate filter, adsorber filter, high
temperature after filters, filtered centrifugal
separator, moisture separators are used to remove
dirt, oil, water, and odor from the compressed
air supply. Filters play a critical role to
prolong the lifespan of any equipment or machine.
  In the end-user segment, industrial
applications held a market share of over 12 in
2020attributed to the rising automation in this
sector and application in a wide range of
industries, including food processing, chemicals,
semiconductor, and manufacturing, among others.
The demand for clean compressed air for
activities, such as vacuum generation, bottle
cleaning, spray coating, and dehydration, among
others is acting as a catalyst for the increasing
the market size. However, the covid-19 outbreak
had a severe toll on the industry growth. China
the epicenter of the pandemic, was forced under
lockdown along with other nations to contain the
contagious virus. The manufacturing operations in
several nations were temporarily ceased due to
challenges in raw material procurement and
reduced product demand. Among the end-users, the
paper industry was the most affected segment in
2020 and a severe downfall in the product demand
was witnessed from the sector. Since China is a
major raw material supplier in the region,
resuming operations in the country and the
reviving economy will propel the growth of other
nations, thereby, will improve the market
position for compressed air treatment equipment
in the approaching year. The India compressed
air treatment equipment market is estimated to
witness 7.2 growth rate till 2027. The booming
automotive and general manufacturing sectors in
the nation are expected to accelerate the product
demand. Additionally, electronics, construction,
and chemical industries are showing promising
growth rates during the projection timespan.
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Segmentation of Asia Pacific Compressed Air
Treatment Equipment Market Asia pacific Market,
By Product Dryers Filters Aftercooler Asia
pacific Market, By Application Instrument
air Plant air/shop air Breathing air Asia
pacific Market, By End-user Food
Beverage Chemical Paper The above information
has been provided for the following
countries Asia Pacific China India Indonesia Rest
of Asia Pacific  
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