Compressed Air Treatment Equipment Market worth $12.8 Bn by 2026

Compressed Air Treatment Equipment Market revenue is expected to surpass USD 12.8 billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Increasing product usage to improve equipment lifecycle will have significant contribution

Majority of industrial applications use compressed air in their operations. Contamination in compressed air not only affects the overall process but also negatively impacts the lifecycle of equipment by causing corrosion. Thus, every compressed air application requires a treatment equipment in order to enhance the lifecycle of machinery and equipment. Compressed air treatment equipment removes the contaminants such as moisture, oil vapor, solid particles, etc. from the air and enhances its purity level.

 

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Major end-use sectors such as healthcare, electronics, food & beverage, etc. require highly pure air in their operations. Increasing usage of compressed air in these industries is likely to prosper the compressed air treatment equipment market growth through 2026. On the other hand, the high operational & maintenance costs coupled with initial purchase costs associated with compressed air treatment equipment might hinder the market demand during the study period.
 

Compressed Air Treatment Equipment Market by Sector

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Browse key industry insights spread across 650 pages with 681 market data tables & 53 figures & charts from the report, “Compressed Air Treatment Equipment Market Size By Product (Filters [Particulate Filter/ Pre-Filter, Coalescing Filter/ Oil Removal, Adsorber Filter/ Oil Vapor Removal, Filtered Centrifugal Separator, High Temperature After Filters, Moisture Separators], Dryers [Refrigerated Dryers, Desiccant Air Dryers, Membrane Dryers, Deliquescent Dryers], Aftercoolers), By Application (Plant Air/ Shop Air, Instrument Air, Process Air, Breathing Air), By Sector (Chemical, Paper, Food & Beverage, Healthcare, Automotive, Industrial, Steel, Construction, Aerospace, Electronics), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/compressed-air-treatment-equipment-market
 

Air filters will have substantial share and will witness highest growth rate by the end of forecast timeframe. Among the various types of compressed air filters, adsorber filter will witness around 30% compressed air treatment equipment market share in 2026. Air filters are widely used to preserve the purity of compressed air. They provide enhanced protection against major contaminants that may lead to degradation of the process and performance of the air tools.
 

Furthermore, air filters also lower the cost associated with repairing equipment, cleaning tools and process downtime. Rising demand of compressed air in many end-use sectors such as healthcare, industrial, food & beverage, etc. will drive the growth of this product segment throughout the forecast timeframe.
 

Plant air, also referred as shop air application segment, will have over 10% industry share by 2026. Clean and dry plant air is an important requirement in many operations in order to prevent pipes, fittings and supply lines from the damage due to contamination. Rapid industrialization and rising importance of product quality are some of the chief factors for the growth of compressed air treatment equipment market share for plant air application segment.
 

Industrial sector is likely to hold over one-eighth industry share in 2026. In industrial sector, compressed air is used in air-operated lifting equipment, spray finishing equipment to vaporize paint, shot blasting, stamping, clamping, controls and actuators, injection molding, cutting and welding, etc. Development of industrial sector in Asia Pacific region is the prominent factor driving the consumption of compressed air treatment equipment throughout the forecast timeframe.
 

Europe compressed air treatment equipment market is expected to grow at a moderate CAGR by 2026

European market will witness a growth at a CAGR of more than 5% throughout the forecast timeframe. The region will hold over 30% share by the end of study period. It can be majorly attributed to rising manufacturing activities in the Eastern European countries. However, the growth rate of the regional market will be substantially affected by the slowdown and changing political scenarios in the Western Europe. Presence of mature automotive sector, rising investment and research & development activities in healthcare sector, positive outlook of aerospace sector will prosper the demand of compressed air treatment equipment in Europe throughout the forecast timeframe.
 

Manufacturers focusing on acquisitions and new product development to gain competitive edge

Some participants in the compressed air treatment equipment market share include Sullair, LLC, Quincy Compressor, Atlas Copco, Kaeser Kompressoren SE, Sullivan-Palatek, Inc., Ingersoll-Rand plc, Emerson Climate Technologies, Aerzener Maschinenfabrik GmbH, Gardner Denver, Inc., Donaldson Company, Inc., etc. Key industry players have opted for several strategies such as new product development, capacity expansions and acquisition agreements to enhance their position in the market. For instance, in June 2016, Kaeser Kompressoren launched its electric portable compressor series, which has facilitated the company in enhancing their competitive advantage in the market.
 

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