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Compressed Air Treatment Equipment Market is growing at a CAGR of 5.5% and projected to reach $15.30 billion by 2031
market is poised for substantial growth, driven by increasing industrial applications, technological advancement, food & beverage, healthcare, pharmaceutical
WILMINGTON, DE, UNITED STATES, February 19, 2025 /EINPresswire.com/ -- The global ๐๐จ๐ฆ๐ฉ๐ซ๐๐ฌ๐ฌ๐๐ ๐๐ข๐ซ ๐ญ๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ has experienced substantial growth in the past decade, driven by the expansion of key industries such as automotive, healthcare, and food & beverages. The increasing demand for packaging in the food and beverage industry, coupled with the growing use of compressed air treatment equipment in assembling electronic products, has further fueled this market. Asia-Pacific holds the largest market share due to extensive industrial production, particularly in China, and the strong presence of the automotive and electronics industries. Furthermore, the rising need for compressed air treatment equipment in healthcare and pharmaceutical applications is playing a pivotal role in market growth.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ@ https://www.alliedmarketresearch.com/request-sample/A13190
According to a new report published by Allied Market Research, titled "Compressed Air Treatment Equipment Market," the global compressed air treatment equipment market was valued at $8.95 billion in 2021 and is projected to reach $15.30 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.
Market Dominance and Key Applications
In 2020, Asia-Pacific led the global compressed air treatment equipment market in revenue, accounting for approximately 38.9% of the total market share. The dominance of this region is largely attributed to its robust industrial sector, technological advancements, and increased investments in compressed air treatment solutions.
Compressed air treatment equipment is essential for multiple industries as it ensures the removal of moisture, oil, and contaminants from compressed air, which is vital for efficient operations. Industries such as manufacturing, pharmaceuticals, medical, and assembly rely on this equipment to maintain quality and performance standards. Compressed air is also used in nitrogen generation, cleaning, aeration, and drying of pharmaceutical ingredients, making air treatment equipment indispensable in these processes. Additionally, in hospitals, compressed air treatment helps prevent rust and corrosion of surgical instruments and enhances the efficiency of medical equipment.
Market Segmentation and Growth Drivers
Product Segmentation
Among the various product types, the dryers segment held the largest market share in 2021. Dryers play a critical role in eliminating moisture from compressed air, thereby enhancing air quality. The demand for dryers has surged due to their widespread applications in industries such as chemicals, automotive, paper, food & beverage, and medical. As businesses focus on improving operational efficiency and reducing maintenance costs, the adoption of air dryers is expected to continue growing.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.alliedmarketresearch.com/purchase-enquiry/A13190
End-Use Industries
The food and beverage industry emerged as the largest revenue generating sector for compressed air treatment equipment in 2021. With the global population on the rise, the demand for food products is increasing, necessitating advanced packaging and processing solutions. Compressed air treatment equipment is widely used in food production for applications such as blow-off, cutting, sorting, shaping, and cleaning. These factors are expected to significantly contribute to market expansion.
Moreover, the pharmaceutical industry is another major consumer of compressed air treatment equipment. The strict regulatory requirements regarding air purity in pharmaceutical production facilities drive the demand for high-quality compressed air systems. As a result, manufacturers are increasingly investing in advanced air treatment solutions to meet industry standards and ensure product safety.
Technological Advancements
The compressed air treatment equipment market has seen remarkable technological advancements in recent years. In April 2019, ELGi Equipment introduced the AB "Always Better" air compressor series, which marked a significant innovation in oil-free compressed air technology. Such technological developments are expected to boost market growth in the coming years by enhancing product efficiency and reliability.
Additionally, companies are focusing on the integration of IoT and smart monitoring systems in compressed air treatment equipment to improve predictive maintenance and reduce operational costs. These advancements are anticipated to further propel market growth by offering more energy-efficient and cost-effective solutions to end-users.
Market Challenges
Despite its promising growth, the compressed air treatment equipment market faces certain challenges. The high cost of compressed air treatment systems is a major restraint, as these systems require substantial investments in installation, maintenance, and operation. Additionally, the need for regular inspections and upkeep to maintain efficiency limits market expansion. Businesses must allocate resources for periodic maintenance to ensure optimal performance, which can be a deterrent for cost-conscious industries.
Furthermore, the COVID-19 pandemic significantly disrupted the global supply chain, causing delays in manufacturing and logistics. Lockdowns and restrictions led to a temporary decline in market demand, particularly in industrial and commercial sectors. However, as governments worldwide ease restrictions and resume economic activities, the market is expected to recover steadily. The increasing emphasis on automation and sustainability post-pandemic will likely drive the adoption of advanced compressed air treatment systems.
๐๐ฉ๐๐๐ญ๐ ๐๐ง ๐๐๐ฆ๐๐ง๐@ https://www.alliedmarketresearch.com/request-for-customization/A13190
Regional Analysis
The market is analyzed across key regions, including North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is projected to maintain its dominance due to rapid industrialization, increasing foreign investments, and strong government initiatives supporting manufacturing growth.
In North America, stringent regulations regarding air quality in industries such as healthcare and food & beverage are driving the demand for advanced air treatment equipment. Similarly, Europe is witnessing steady growth due to technological innovations and sustainability initiatives aimed at reducing energy consumption in industrial applications.
Key Market Players
Several leading companies are actively contributing to market growth through strategic initiatives, including mergers, acquisitions, product launches, and technological innovations. Some of the prominent players in the compressed air treatment equipment market include:
Atlas Copco
ELGi Equipments Limited
Ingersoll Rand
Parker Hannifin Corporation
Sullair LLC
Kaeser Kompressoren SE
Donaldson Company, Inc.
Beko Technologies GmbH
Gardner Denver
SPX Flow
These companies are continuously investing in research and development to introduce more efficient and cost-effective air treatment solutions, catering to the evolving needs of various industries.
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David Correa
Allied Market Research
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