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Membrane Air Dryers Market Analysis

  • Report ID: GMI184
  • Published Date: Aug 2023
  • Report Format: PDF

Membrane Air Dryers Market Analysis

The instrument air segment accounts for more than 40% of the membrane air dryers market share in 2022, owing to the rising need for dry and clean compressed air in various precision instruments and laboratory equipment. The ongoing technological advancements and innovations in instrument design have spurred the high demand for efficient air-drying solutions. Moreover, the widespread application of membrane air dryers in healthcare, pharmaceuticals, and electronics will fuel the segment growth.

 

The membrane air dryers market from chemical end-use segment is anticipated to record considerable expansion between 2023 and 2032, attributed to the increasing number of chemical companies, especially in Asia Pacific. The increasing emphasis on product purity, safety, and environmental regulations in the chemical sector is driving the adoption of membrane air dryers. Moreover, the rising incorporation of Industry 4.0 technologies along with the surging demand for consistent and controlled air supply to pneumatic instruments and automated systems will contribute to the segment expansion.

 

Asia Pacific membrane air dryer market will gain remarkable momentum during the forecast timeline, due to the thriving chemical production in the region.  As per estimates, APAC represents more than 45% of the global chemical manufacturing. Moreover, the rising investments in energy production and the higher adoption of membrane air dryers in the oil and gas sectors are contributing to the regional market growth. For instance, India has allowed 100% foreign direct investment in upstream projects.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of membrane air dryers is estimated to expand at more than 4% CAGR from 2023 to 2032, attributed to the implementation of environmental regulations across industries.

The instrument air segment holds more than 40% of the membrane air dryers market share in 2022, driven by the rising need for dry and clean compressed air in various precision instruments and laboratory equipment.

Asia Pacific market size may reach significant revenue share by the end of 2032, owing to the booming chemical manufacturing sector in the region.

Some of the top membrane air dryer companies are Wilkerson Corporation, Graco Inc., Gardner Denver, Hankison, Donaldson Company, SMC Corporation, Pentair plc, Ingersoll-Rand, Parker Hannifin Corporation etc.

Membrane Air Dryers Market Scope

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  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 418
  • Countries covered: 20
  • Pages: 270
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