PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507221
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507221
The global compressed air filter and dryer market size is expected to reach USD 10,472.42 Million by 2032, according to a new study by Polaris Market Research. The report "Compressed Air Filter and Dryer Market Share, Size, Trends, Industry Analysis Report, By Product (Compressed Air Dryers, Compressed Air Filters); By Industry Vertical; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Continuous technological advancements and innovations in filtration and drying technologies drive the compressed air filter and dryer market. These advancements play a pivotal role in enhancing the efficiency, reliability, and overall performance of compressed air systems. The Industry has witnessed the introduction of lucrative products, exemplified by the "Ultrapac Smart dryer" launched in March 2021. This dryer, presented by the Donaldson Company, employs a 3-phase separation method, encompassing condensate removal, drying, and purification to effectively dry compressor streams in manufacturing facilities.
Also, the introduction of innovative separation methods in compressor dryers, such as multi-phase separation processes, ensures the thorough removal of condensate, moisture, and impurities from compressed air streams. This contributes to enhanced reliability and longevity of downstream equipment. Such continuous evolution of technology and the integration of innovative solutions are pivotal drivers that shape the growth trajectory of the compressed air filter and dryer market. These advancements not only enhance the performance of compressed air systems but also align with the broader goals of sustainability, energy efficiency, and operational excellence in various industries.
The critical role of highly purified compressed air in food and beverage processing applications, including bottled water, beer, wine, milk, and yogurt, drives the market growth. Additionally, the market is stimulated by the escalating demand for compressed air utility in the pharmaceutical Industry, such as in the packaging process, blanketing coating applications, fermenters, purging of equipment, fluid bed mixing and blending, jet milling, or tablet coating, cleaning, etc. The adoption of such standards is particularly crucial in pharmaceuticals, where manual packing techniques previously resulted in losses due to the presence of contaminants in the atmosphere. Such technological advancements in compressor dryers, which play a crucial role in eliminating contaminants from compressed air streams, ensure that medications are packaged in environments free from moisture and oil.
The compressed air dryers segment dominated the market as it is specifically engineered to remove water vapor or moisture (dehumidify) from industrial process air.
The food and beverage industry is driving notable growth in the compressed air filter and dryer market due to the critical role of air and gas filtration in various processes such as sorting, cutting, canning, surface blowing-off, and shaping consumables.
North America dominated the global market due to its extensive production facilities, adoption of advanced technology, and abundant raw material supply.
The global key market players include Airfilter Engineering, Altec Inc., Atlas Copco AB, BEKO TECHNOLOGIES, BOGE, Donaldson Company, Inc., Hitachi Global Air Power LLC, Kaeser Kompressoren, Ingersoll Rand, Parker Hannifin Corp, Precision Filtration Products, Pentair, SPX Flow Inc., Sullivan-Palatek, Inc., Van Air Systems, etc.
Polaris Market Research has segmented the compressed air filter and dryer market report based on product, industry vertical, and region: