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Membrane Air Dryers Market Trends

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

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Membrane Air Dryers Market Trends

The rising trend of decentralized point-of-use air drying solutions with compact sizes and higher efficiency of membrane air dryers will boost the market demand. Multiple industries ranging from manufacturing and electronics to healthcare and food processing are largely adopting point-of-use membrane air dryers to improve process efficiency, reduce maintenance, and enhance system reliability. Furthermore, the growth of automation and Industry 4.0 practices along with the increasing prominence of pneumatic instruments and machinery is expected to augment the industry outlook.

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.