PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463790
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463790
Compressed Air Filter and Dryer Market Size and Share Analysis by Product, Industry - Global Industry Revenue Estimation and Demand Forecast to 2030
Market Overview
The compressed air filter and dryer market is witnessing growth and is projected to reach USD 8,350.1 million by 2030. This growth can be ascribed to the growing air contamination, rising knowledge among people about the benefits of good quality air, strict government guidelines, fast industrialization, and improvements in technology regarding compressed air filters and dryers.
Across the globe, the climate relates to the quality of air. As a result, the pollution caused by atmospheric impurities is mostly the result of the burning of fuels, which produces gas emissions is the main cause. To lower the number of cases of atmospheric pollution-related illnesses, various long- and short-term mitigation policies have been enacted to reduce the level of impurities in the air and improve individuals' health for a longer period.
The major reason behind the rising air pollution levels is the carbon dioxide emission from most countries which are developing or developed world due to their increasing industrial activities. Industrialization is made possible with the help of the labor force and it has attracted a large number of migrants and immigrants.
The development of industries has been one of the most substantial factors in the transformation of the traditional landscape into more multifaceted and fascinating areas as compared to earlier times.
Key Insights
The need for compressed air dryers is estimated to advance at a CAGR of 5.9% because of their efficiency and effectiveness throughout several industries.
They are vital for eliminating wetness from compressed air and guaranteeing air quality for applications such as pneumatic tools, instrumentation, spray painting, and machinery.
Air dryers play a vital role in removing and controlling humidity in compressed air, offering clean and safe air for numerous uses.
They are also utilized in refrigeration to uphold air quality and shield products.
In 2023, the automotive sector accounted for 25% of the compressed air dryer and filter industry, and the category is projected to continue to dominance in the future as well.
Compressed air filters are vital in car manufacturing, guaranteeing clean air, moisture elimination, corrosion prevention, and high product superiority.
The rising focus on efficacy, product superiority, and efficiency is boosting the need for dependable compressed air dryers and filters in car manufacturing.
The North American region dominates the compressed air filter and dryer industry, with a projected worth of USD 2.5 billion by 2030, because of reasons like a rising automotive sector, urbanization, and the existence of major players.
The U.S., within North America, holds a significant share due to stringent government regulations controlling environmental impact, leading to reduced emissions from power stations through programs like the Clean Air Act and EPA initiatives.
The Asia-Pacific market is forecast to experience the strongest growth, the drivers behind being the increase in the rate of environmental pollution, the rise of consciousness and consumption of filtration systems, technological innovation, and the fast rate of urbanization.
China leads in the APAC market, growing at a CAGR of 6.2%, propelled by advanced technology adoption and a strong focus on clean air initiatives.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by industry
- 1.4.3. Market size breakdown, by region
- 1.4.4. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Volume, by Product (2017-2030)
- 6.3. Market Revenue, by Product (2017-2030)
- 6.4. Market Volume, by Industry (2017-2030)
- 6.5. Market Revenue, by Industry (2017-2030)
- 6.6. Market Volume, by Region (2017-2030)
- 6.7. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Volume, by Product (2017-2030)
- 7.3. Market Revenue, by Product (2017-2030)
- 7.4. Market Volume, by Industry (2017-2030)
- 7.5. Market Revenue, by Industry (2017-2030)
- 7.6. Market Volume, by Country (2017-2030)
- 7.7. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Volume, by Product (2017-2030)
- 8.3. Market Revenue, by Product (2017-2030)
- 8.4. Market Volume, by Industry (2017-2030)
- 8.5. Market Revenue, by Industry (2017-2030)
- 8.6. Market Volume, by Country (2017-2030)
- 8.7. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Volume, by Product (2017-2030)
- 9.3. Market Revenue, by Product (2017-2030)
- 9.4. Market Volume, by Industry (2017-2030)
- 9.5. Market Revenue, by Industry (2017-2030)
- 9.6. Market Volume, by Country (2017-2030)
- 9.7. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Volume, by Product (2017-2030)
- 10.3. Market Revenue, by Product (2017-2030)
- 10.4. Market Volume, by Industry (2017-2030)
- 10.5. Market Revenue, by Industry (2017-2030)
- 10.6. Market Volume, by Country (2017-2030)
- 10.7. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Volume, by Product (2017-2030)
- 11.3. Market Revenue, by Product (2017-2030)
- 11.4. Market Volume, by Industry (2017-2030)
- 11.5. Market Revenue, by Industry (2017-2030)
- 11.6. Market Volume, by Country (2017-2030)
- 11.7. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Volume, by Product (2017-2030)
- 12.3. Market Revenue, by Product (2017-2030)
- 12.4. Market Volume, by Industry (2017-2030)
- 12.5. Market Revenue, by Industry (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Volume, by Product (2017-2030)
- 13.3. Market Revenue, by Product (2017-2030)
- 13.4. Market Volume, by Industry (2017-2030)
- 13.5. Market Revenue, by Industry (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Volume, by Product (2017-2030)
- 14.3. Market Revenue, by Product (2017-2030)
- 14.4. Market Volume, by Industry (2017-2030)
- 14.5. Market Revenue, by Industry (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Volume, by Product (2017-2030)
- 15.3. Market Revenue, by Product (2017-2030)
- 15.4. Market Volume, by Industry (2017-2030)
- 15.5. Market Revenue, by Industry (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Volume, by Product (2017-2030)
- 16.3. Market Revenue, by Product (2017-2030)
- 16.4. Market Volume, by Industry (2017-2030)
- 16.5. Market Revenue, by Industry (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Volume, by Product (2017-2030)
- 17.3. Market Revenue, by Product (2017-2030)
- 17.4. Market Volume, by Industry (2017-2030)
- 17.5. Market Revenue, by Industry (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Volume, by Product (2017-2030)
- 18.3. Market Revenue, by Product (2017-2030)
- 18.4. Market Volume, by Industry (2017-2030)
- 18.5. Market Revenue, by Industry (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Volume, by Product (2017-2030)
- 19.3. Market Revenue, by Product (2017-2030)
- 19.4. Market Volume, by Industry (2017-2030)
- 19.5. Market Revenue, by Industry (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Volume, by Product (2017-2030)
- 20.3. Market Revenue, by Product (2017-2030)
- 20.4. Market Volume, by Industry (2017-2030)
- 20.5. Market Revenue, by Industry (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Volume, by Product (2017-2030)
- 21.3. Market Revenue, by Product (2017-2030)
- 21.4. Market Volume, by Industry (2017-2030)
- 21.5. Market Revenue, by Industry (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Volume, by Product (2017-2030)
- 22.3. Market Revenue, by Product (2017-2030)
- 22.4. Market Volume, by Industry (2017-2030)
- 22.5. Market Revenue, by Industry (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Volume, by Product (2017-2030)
- 23.3. Market Revenue, by Product (2017-2030)
- 23.4. Market Volume, by Industry (2017-2030)
- 23.5. Market Revenue, by Industry (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Volume, by Product (2017-2030)
- 24.3. Market Revenue, by Product (2017-2030)
- 24.4. Market Volume, by Industry (2017-2030)
- 24.5. Market Revenue, by Industry (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Volume, by Product (2017-2030)
- 25.3. Market Revenue, by Product (2017-2030)
- 25.4. Market Volume, by Industry (2017-2030)
- 25.5. Market Revenue, by Industry (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Volume, by Product (2017-2030)
- 26.3. Market Revenue, by Product (2017-2030)
- 26.4. Market Volume, by Industry (2017-2030)
- 26.5. Market Revenue, by Industry (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Volume, by Product (2017-2030)
- 27.3. Market Revenue, by Product (2017-2030)
- 27.4. Market Volume, by Industry (2017-2030)
- 27.5. Market Revenue, by Industry (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Volume, by Product (2017-2030)
- 28.3. Market Revenue, by Product (2017-2030)
- 28.4. Market Volume, by Industry (2017-2030)
- 28.5. Market Revenue, by Industry (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Atlas Copco
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Ingersoll Rand
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. PARKER HANNIFIN CORP
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Pentair
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Donaldson Company Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. BOGE
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Hitachi Global Air Power US LLC
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. SPX Flow Inc.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
