+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Compressed Air Filter and Dryer Market by Product Type (Air Dryer (Refrigeration, Desiccant, Deliquescent, Membrane), Air Filter (Particulate, Coalescing, Compressed Intake, Activated Carbon)), Industry, Region - Global Forecast to 2028

  • PDF Icon

    Report

  • 235 Pages
  • October 2023
  • Region: Global
  • Markets and Markets
  • ID: 4988901

The compressed air filter and dryer market is expected to reach USD 7.4 billion by 2028 from USD 5.6 billion in 2023, at a CAGR of 5.8% from 2023-2028. The growth of this market is attributed to the Rising need to handle increasingly large and complex datasets and emerging industrial IoT and automation technologies.

The refrigeration dryers segment to hold the largest market share throughout the forecast period.

Compressed air dryers are sub-segmented into four types of dryers refrigeration dryers, desiccant/adsorption dryers, deliquescent dryers, and membrane dryers. Refrigeration dryers are the most used dryers in the manufacturing industry, having relatively low initial and operating costs. These dryers are used for corrosion prevention by removing moisture from compressed air systems at low ambient temperatures. They are essential for ensuring the proper functioning and longevity of various pneumatic equipment and processes that rely on compressed air. These dryers are extensively used in industries where the temperature of compressed air needs to be regulated and high dryness of the air is required. Therefore, refrigeration dryers accounted for a larger market share.

The Automotive Industry is to hold the largest market share in 2023.

The compressed air filter and dryer market is largely influenced by the automotive industry, primarily due to its requirement for uncontaminated and dry compressed air in crucial manufacturing processes such as painting and assembly. Stringent regulations and the industry's high-volume production requirements drive the demand for reliable air filtration systems. This emphasis on innovation and compliance secures the automotive industry's prominent position in the compressed air filter and dryer market. Moreover, Growing industrialization and urbanization across the world have increased the demand for vehicles. In regions such as Asia Pacific and Europe, the demand for automobiles is growing rapidly, which is expected to propel the demand for compressed air filters and dryers.

China is to dominate the compressed air filter and dryer market of Asia Pacific in 2023.

Asia Pacific consists of some of the fastest-growing economies - such as China, Japan, and India. China is a key manufacturing hub in the Asia Pacific region. The country is a major force of compressed air filter and dryer in Asia Pacific. The growth in infrastructure development projects in China’s tier-one and tier-two cities encourages companies to invest in compressed air systems. Compressed air filters and dryers are used for PCB manufacturing, cleaning of electronic equipment, maintaining a clean and dry environment around sensitive instruments, and packaging of electronics. Hence, the demand for compressed air filters and dryers is expected to be high in China.

The break-up of the profiles of primary participants:

  • By Company Type - Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 20% 
  • By Designation - C-level Executives - 40%, Directors - 35%, and Others - 25% 
  • By Region - North America - 30%, Europe - 25%, Asia Pacific - 35%, and Rest of the World - 10% 

Major players in the compressed air filter and dryer market include Atlas Copco, Ingersoll Rand, PARKER HANNIFIN CORP, Pentair, and Donaldson Company, Inc. and others. 

Research Coverage

The report segments the compressed air filter and dryer market by Product Type, Industry, and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall compressed air filter and dryer market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of critical drivers (Increasing use of compressed air systems in various industrial processes to enhance productivity, Rising demand for compressed air solutions in food & beverage industry, Growing use of compressed air dryers to shield equipment in settings susceptible to hazardous and corrosive conditions, Surging demand for compressed air solutions in oil & gas exploration and production, and Increasing demand for compressed air filters to filter contaminants up to several microns), restraints (Requirement for periodic maintenance, Safety concerns associated with use of compressed air systems with high operating pressure), opportunities (Growing use of class 0 air in pharmaceutical packaging processes, Increasing adoption of advanced technologies and growing industrialization in developing nations, Growing use of Internet of Things (IoT)-enabled systems in compressed air industry), challenges (Need to maintain specific environmental conditions to ensure effective and reliable operation of air treatment systems, Lack of knowledge for proper utilization and maintenance of compressed air filters and dryers, Reluctance of small and medium-sized enterprises (SMEs) to shift from traditional air filtration systems to advanced compressed air filters ) influencing the growth of the compressed air filter and dryer market. 
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the compressed air filter and dryer market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the compressed air filter and dryer market across various regions. 
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the compressed air filter and dryer market. 
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Atlas Copco (Sweden), Ingersoll Rand (US), PARKER HANNIFIN CORP (US), Pentair (UK), and Donaldson Company, Inc. (US).

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Compressed Air Filter and Dryer Market: Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency Considered
1.5 Stakeholders
1.6 Summary of Changes
1.6.1 Recession Impact Analysis

2 Research Methodology
2.1 Research Data
Figure 2 Compressed Air Filter and Dryer Market: Research Design
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.2.1 List of Major Secondary Sources
2.1.2.2 Key Data from Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews with Experts
2.1.3.2 Key Data from Primary Sources
2.1.3.3 Key Industry Insights
2.1.3.4 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Derive Market Size Using Bottom-Up Analysis (Demand Side)
Figure 3 Compressed Air Filter and Dryer Market: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach to Derive Market Size Using Top-Down Analysis (Supply Side)
Figure 4 Compressed Air Filter and Dryer Market: Top-Down Approach
Figure 5 Market Size Estimation Methodology: Supply-Side Analysis
2.3 Market Breakdown and Data Triangulation
Figure 6 Data Triangulation
2.4 Research Assumptions
2.5 Risk Assessment
2.6 Parameters Considered to Analyze Recession Impact on Compressed Air Filter and Dryer Market
2.7 Research Limitations

3 Executive Summary
Figure 7 Compressed Air Filter and Dryer Market, 2019-2028 (USD Million)
Figure 8 Compressed Air Dryers Segment to Capture Larger Share of Compressed Air Filter and Dryer Market in 2028
Figure 9 Food & Beverages Segment to Register Highest CAGR in Compressed Air Filter and Dryer Market During Forecast Period
Figure 10 Market in Asia-Pacific to Register Highest CAGR During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities for Players in Compressed Air Filter and Dryer Market
Figure 11 Increasing Demand from Food & Beverages Industry to Drive Market
4.2 Compressed Air Filter and Dryer Market, by Product Type
Figure 12 Compressed Air Dryers Segment to Account for Larger Share of Compressed Air Filter and Dryer Market During Forecast Period
4.3 Compressed Air Filters Market, by Filter Type
Figure 13 Particulate Filters to Hold Largest Share of Compressed Air Filters Market in 2023
4.4 Compressed Air Filter and Dryer Market, by Industry
Figure 14 Automotive Segment to Account for Largest Market Size from 2023 to 2028
4.5 Compressed Air Filter and Dryer Market, by Region
Figure 15 Compressed Air Filter and Dryer Market in India to Grow at Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 Compressed Air Filter and Dryer Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Growing Use of Compressed Air Systems in Various Industrial Processes to Increase Productivity
Table 1 Industrial Applications of Compressed Air Systems
5.2.1.2 Rising Demand for Compressed Air Systems in Food & Beverages Industry
Figure 17 Capital Expenditure by Top 100 Companies in Food & Beverages Industry, 2019-2022 (USD Billion)
5.2.1.3 Suitability of Compressed Air Filters and Dryers in Hazardous Industrial Environments
5.2.1.4 Increasing Demand for Compressed Air Systems in Oil and Gas Exploration and Production
5.2.1.5 Increasing Demand for Compressed Air Filters in Various Industries to Filter Contaminants Up to Several Microns
Figure 18 Compressed Air Filter and Dryer Market: Impact Analysis of Drivers
5.2.2 Restraints
5.2.2.1 Requirement for Periodic Maintenance
5.2.2.2 Safety Concerns Associated with Use of Compressed Air Systems with High Operating Pressure
Figure 19 Compressed Air Filter and Dryer Market: Impact Analysis of Restraints
5.2.3 Opportunities
5.2.3.1 Rising Use of Class 0 Air in Pharmaceutical Packaging Processes
5.2.3.2 Growing Adoption of Advanced Technologies and Increasing Industrialization in Developing Nations
5.2.3.3 Adoption of Internet of Things (IoT)-Enabled Compressed Air Systems in Industrial Facilities
Figure 20 Compressed Air Filter and Dryer Market: Impact Analysis of Opportunities
5.2.4 Challenges
5.2.4.1 Performance Limitations of Air Treatment Systems in Varying Environmental Conditions
5.2.4.2 Lack of Knowledge for Proper Utilization and Maintenance of Compressed Air Filters and Dryers
5.2.4.3 Reluctance of Small and Medium-Sized Enterprises (SMEs) to Shift from Traditional Air Filtration Systems to Advanced Compressed Air Filters
Figure 21 Compressed Air Filter and Dryer Market: Impact Analysis of Challenges
5.3 Trends/Disruptions Impacting Customers’ Businesses
Figure 22 Trends/Disruptions Impacting Customers’ Businesses
5.4 Pricing Analysis
Table 2 Average Selling Price (ASP) of Compressed Air Filters and Dryers
Figure 23 Average Selling Price of Compressed Air Filters, 2019-2028 (USD)
Figure 24 Average Selling Price of Compressed Air Dryers, 2019-2028 (USD)
5.4.1 Average Selling Price of Refrigeration-Compressed Air Dryers, by Maximum Inlet Temperature
Figure 25 Average Selling Price of Refrigeration-Compressed Air Dryers Offered by Top Three Companies, by Maximum Inlet Temperature
Table 3 Average Selling Price of Refrigeration-Compressed Air Dryers Offered by Top Three Companies, by Maximum Inlet Temperature (USD)
5.4.2 Average Selling Price Trend, by Region
Table 4 Average Selling Price of Compressed Air Dryers and Filters, by Region, 2022 (USD)
5.5 Supply Chain Analysis
Figure 26 Compressed Air Filter and Dryer Market: Supply Chain Analysis
5.6 Ecosystem
Figure 27 Compressed Air Filter and Dryer Market: Ecosystem Mapping
Table 5 Companies and Their Role in Compressed Air Filter and Dryer Ecosystem
5.7 Technology Analysis
5.7.1 Internet of Things (IoT)
5.7.2 Industry 4.0
5.7.3 Digital Twin
5.8 Patent Analysis
Figure 28 Top 10 Companies with Highest Number of Patent Applications in Last 10 Years
Table 6 Top 20 Patent Owners in the Us in the Last 10 Years
Figure 29 Number of Patents Granted Per Year, 2013-2022
Table 7 Patents Related to Compressed Air Filters and Dryers
5.9 Trade Analysis
5.9.1 Import Scenario
Figure 30 Import Data for Hs Code 841430-Compliant Products, by Key Country, 2018-2022 (USD Million)
5.9.2 Export Scenario
Figure 31 Export Data for Hs Code 841430-Compliant Products, by Key Country, 2018-2022 (USD Million)
5.10 Key Conferences and Events, 2023-2025
Table 8 Compressed Air Filter and Dryer Market: Key Conferences and Events
5.11 Case Study Analysis
Table 9 Greentech Beverage Co. Partnered with Atlas Copco to Improve Air Quality in Beverage Production Process
Table 10 Freshfoods Inc. Chose Cleanair Systems’ Pureairpro to Resolve Quality Control Issues and Meet Strict Food Safety Standards
Table 11 Duisburg-Based Steel Plant Replaced Three Refrigeration Dryers to Ensure Optimum Efficiency and Smooth and Secure Functioning
Table 12 Local Dairy in Oldenburg, Germany, Ensures Compliance with Stringent Standards with Kaeser Compressors’ Refrigerated Dryers
5.12 Standards and Regulatory Landscape
5.12.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Rest of the World: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.12.2 Standards
5.12.3 Safety Standards Associated with Compressed Air Filters and Dryers
Table 17 Safety Standards Related to Compressed Air Filters and Dryers
5.13 Porter's Five Forces Analysis
Figure 32 Compressed Air Filter and Dryer Market: Porter's Five Forces Analysis
Table 18 Compressed Air Filter and Dryer Market: Porter's Five Forces Analysis
5.13.1 Intensity of Competitive Rivalry
5.13.2 Bargaining Power of Suppliers
5.13.3 Bargaining Power of Buyers
5.13.4 Threat of Substitutes
5.13.5 Threat of New Entrants
5.14 Key Stakeholders and Buying Criteria
5.14.1 Key Stakeholders in the Buying Process
Figure 33 Influence of Stakeholders on the Buying Process for Top Three Industries
Table 19 Influence of Stakeholders on the Buying Process for Top Three Industries (%)
5.14.2 Buying Criteria
Figure 34 Key Buying Criteria for Top Three Industries
Table 20 Key Buying Criteria for Top Three Industries

6 Components of Compressed Air Filters and Recent Trends
6.1 Introduction
6.2 Components of Compressed Air Filters
6.2.1 Housing Elements
6.2.2 Filter Elements
6.3 Classification of Compressed Air Dryers Based on Capacity
6.3.1 <2,000 M3/Hr
6.3.2 2,000-5,000 M3/Hr
6.3.3 >5,000 M3/Hr
6.4 Recent Trends in Compressed Air Industry
6.4.1 Continuous System Monitoring
6.4.2 Equipment Design Innovation
6.4.3 Demand-Side Reduction
6.4.4 Compressor Control
6.4.5 Air Auditing

7 Key Trends and Advancements in Compressed Air Filter and Dryer Market
7.1 Introduction
7.2 Trends and Advancements in Compressed Air Filters
7.2.1 Launch of Energy-Efficient Compressed Air Filters
7.2.2 Integration of Nanofiber Technology
7.2.3 Adoption of Industry 4.0
7.2.4 Focus on Smart Filter Management
7.2.5 Preference for Remote Monitoring and Telemetry
7.2.6 Integration into Air Compressors
7.2.7 Development of Advanced Filtration Technologies
7.3 Trends and Advancements in Compressed Air Dryers
7.3.1 Integration into Variable Speed Drive Compressors
7.3.2 Innovation of Energy-Efficient and Modular Designs
7.3.3 Adoption of Smart Control and IoT Technologies
7.3.4 Focus on Environmental Sustainability
7.3.5 Launch of Hybrid Dryer Systems
7.3.6 Preference for Remote Services and Maintenance
7.3.7 Need for Compressed Air Quality Monitoring

8 Applications of Compressed Air Filters and Dryers
8.1 Introduction
Figure 35 Applications of Compressed Air Filters and Dryers
8.2 Condensed Water Removal
Figure 36 Condensed Water Removal Mechanism
8.3 Oil Removal
Figure 37 Oil Removal Mechanism
8.4 Mist Removal
Figure 38 Mist Removal Mechanism
8.5 Particulate Removal
Figure 39 Particulate Removal Mechanism

9 Compressed Air Filter and Dryer Market, by Product Type
9.1 Introduction
Figure 40 Compressed Air Filter and Dryer Market, by Product Type
Figure 41 Compressed Air Dryers Segment to Account for Larger Size of Compressed Air Filter and Dryer Market in 2023
Table 21 Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 22 Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
9.2 Compressed Air Dryers
Figure 42 Refrigeration Dryers Segment to Account for Largest Size of Compressed Air Dryers Market During Forecast Period
Table 23 Compressed Air Dryers: Compressed Air Filter and Dryer Market, by Type, 2019-2022 (USD Million)
Table 24 Compressed Air Dryers: Compressed Air Filter and Dryer Market, by Type, 2023-2028 (USD Million)
Table 25 Compressed Air Dryers: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 26 Compressed Air Dryers: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
9.2.1 Refrigeration Dryers
9.2.1.1 Extensive Utilization of Refrigeration Dryers in Manufacturing Industry to Drive Market
Table 27 Overview of Refrigeration Dryers
Table 28 Refrigeration Dryers: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 29 Refrigeration Dryers: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.2.2 Desiccant/Adsorption Dryers
9.2.2.1 Ability to Prevent Corrosion and Damage from Water Vapor in Industrial Applications to Drive Demand for Desiccant Dryers
Table 30 Overview of Desiccant/Adsorption Dryers
Table 31 Desiccant/Adsorption Dryers: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 32 Desiccant/Adsorption Dryers: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.2.3 Deliquescent Dryers
9.2.3.1 Suitability in Remote, Hazardous, or Mobile Work Sites to Induce Demand for Deliquescent Dryers
Table 33 Overview of Deliquescent Dryers
Table 34 Deliquescent Dryers: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 35 Deliquescent Dryers: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.2.4 Membrane Dryers
9.2.4.1 Efficiency in Removing Contaminants from Integrated Air Compression Systems to Boost Adoption of Membrane Dryers
Table 36 Overview of Membrane Dryers
Table 37 Membrane Dryers: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 38 Membrane Dryers: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.3 Compressed Air Filters
Figure 43 Particulate Filters Segment to Account for Largest Size of Compressed Air Filters Market in 2023
Table 39 Compressed Air Filters: Compressed Air Filter and Dryer Market, by Type, 2019-2022 (USD Million)
Table 40 Compressed Air Filters: Compressed Air Filter and Dryer Market, by Type, 2023-2028 (USD Million)
Table 41 Compressed Air Filters: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 42 Compressed Air Filters: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
9.3.1 Particulate Filters
9.3.1.1 Increasing Adoption of Automation and Pneumatic Control Systems in Industries to Fuel Demand for Particulate Filters
Table 43 Overview of Particulate Filters
Table 44 Particulate Filters: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 45 Particulate Filters: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.3.2 Coalescing Filters
9.3.2.1 Increasing Reliance of Various Industries on Pneumatic Systems to Accelerate Adoption of Coalescing Filters
Table 46 Overview of Coalescing Filters
Table 47 Coalescing Filters: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 48 Coalescing Filters: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.3.3 Compressed Intake Filters
9.3.3.1 Need to Reduce Harmful Industrial Emissions to Boost Uptake of Compressed Intake Filters
Table 49 Overview of Compressed Intake Filters
Table 50 Compressed Intake Filters: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 51 Compressed Intake Filters: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
9.3.4 Activated Carbon Filters
9.3.4.1 Superior Efficiency in Removing Suspended Impurities to Drive Market for Activated Carbon Filters
Table 52 Overview of Activated Carbon Filters
Table 53 Activated Carbon Filters: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 54 Activated Carbon Filters: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)

10 Compressed Air Filter and Dryer Market, by Industry
10.1 Introduction
Figure 44 Compressed Air Filter and Dryer Market, by Industry
Figure 45 Automotive Segment to Command Largest Share of Compressed Air Filter and Dryer Market in 2023
Table 55 Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 56 Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
10.2 Automotive
10.2.1 Need to Maintain Integrity of Automobile Manufacturing Processes to Boost Adoption of Air Filters and Dryers
Table 57 Automotive: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 58 Automotive: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 59 Automotive: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 60 Automotive: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.3 Oil & Gas
10.3.1 Advances in Drilling Techniques and Oil Refinement Processes to Necessitate Use of Air Filters and Dryers
Table 61 Oil & Gas: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 62 Oil & Gas: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 63 Oil & Gas: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 64 Oil & Gas: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.4 Chemicals
10.4.1 Need to Maintain Purity and Dryness of Compressed Air in Chemical Production to Drive Market
Table 65 Chemicals: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 66 Chemicals: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 67 Chemicals: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 68 Chemicals: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.5 Power Generation
10.5.1 Need to Maintain Efficiency and Safety of Power Plant Equipment to Propel Adoption of Air Filters and Dryers
Table 69 Power Generation: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 70 Power Generation: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 71 Power Generation: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 72 Power Generation: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.6 Food & Beverages
10.6.1 Growing Adoption of Compressed Air in Food Packaging, Processing, and Bottling to Drive Market
Table 73 Food & Beverages: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 74 Food & Beverages: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 75 Food & Beverages: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 76 Food & Beverages: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.7 Metals & Machinery
10.7.1 Increasing Metal Production in Asia-Pacific to Induce Demand for Compressed Air Filters and Dryers
Table 77 Metals & Machinery: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 78 Metals & Machinery: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 79 Metals & Machinery: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 80 Metals & Machinery: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.8 Pharmaceuticals
10.8.1 Need for Compressed, Highly Pure Air in Pharmaceutical Production to Drive Market
Table 81 Pharmaceuticals: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 82 Pharmaceuticals: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 83 Pharmaceuticals: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 84 Pharmaceuticals: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.9 Electronics
10.9.1 Ability to Purify Air with High Operational Efficiency for Sensitive Chip-Board Assembly to Drive Segmental Growth
Table 85 Electronics: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 86 Electronics: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 87 Electronics: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 88 Electronics: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
10.10 Others
Table 89 Others: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 90 Others: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 91 Others: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 92 Others: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)

11 Compressed Air Filter and Dryer Market, by Region
11.1 Introduction
Figure 46 India to be Fastest-Growing Country-Level Air Filter and Dryer Market from 2023 to 2028
Figure 47 Asia-Pacific to Exhibit Highest CAGR in Compressed Air Filter and Dryer Market During Forecast Period
Table 93 Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 94 Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 North America: Recession Impact
Figure 48 North America: Compressed Air Filter and Dryer Market Snapshot
Table 95 North America: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 96 North America: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 97 North America: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 98 North America: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
Table 99 North America: Compressed Air Filter and Dryer Market, by Country, 2019-2022 (USD Million)
Table 100 North America: Compressed Air Filter and Dryer Market, by Country, 2023-2028 (USD Million)
11.2.2 US
11.2.2.1 Growing Popularity of Evs to Boost Demand for Compressed Air Filters and Dryers
11.2.3 Canada
11.2.3.1 Increasing Hydroelectric Power Generation to Drive Growth
11.2.4 Mexico
11.2.4.1 Increasing Automobile Manufacturing to Boost Demand for Compressed Air Filters and Dryers
11.3 Europe
11.3.1 Europe: Recession Impact
Figure 49 Europe: Compressed Air Filter and Dryer Market Snapshot
Table 101 Europe: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 102 Europe: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 103 Europe: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 104 Europe: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
Table 105 Europe: Compressed Air Filter and Dryer Market, by Country, 2019-2022 (USD Million)
Table 106 Europe: Compressed Air Filter and Dryer Market, by Country, 2023-2028 (USD Million)
11.3.2 Germany
11.3.2.1 Presence of Established Compressed Air Systems Manufacturers to Favor Market Growth
11.3.3 UK
11.3.3.1 Increasing Focus on Quality Standards in the Food and Beverage Industry to Boost Adoption of Compressed Air Filters and Dryers
11.3.4 France
11.3.4.1 Thriving Metals & Machinery to Contribute to Market Growth
11.3.5 Italy
11.3.5.1 Increasing Demand from Automotive and Pharmaceuticals Industries to Drive Market
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Recession Impact
Figure 50 Asia-Pacific: Compressed Air Filter and Dryer Market Snapshot
Table 107 Asia-Pacific: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 108 Asia-Pacific: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 109 Asia-Pacific: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 110 Asia-Pacific: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
Table 111 Asia-Pacific: Compressed Air Filter and Dryer Market, by Country, 2019-2022 (USD Million)
Table 112 Asia-Pacific: Compressed Air Filter and Dryer Market, by Country, 2023-2028 (USD Million)
11.4.2 China
11.4.2.1 Infrastructure Development Projects in Tier-One and Tier-Two Cities to Drive Market
11.4.3 Japan
11.4.3.1 Presence of Established Automotive Industry to Support Market Growth
11.4.4 India
11.4.4.1 Government-Led Initiatives to Boost Electronics Production to Fuel Market Growth
11.4.5 Rest of Asia-Pacific
11.5 Rest of the World
Table 113 Rest of the World: Compressed Air Filter and Dryer Market, by Product Type, 2019-2022 (USD Million)
Table 114 Rest of the World: Compressed Air Filter and Dryer Market, by Product Type, 2023-2028 (USD Million)
Table 115 Rest of the World: Compressed Air Filter and Dryer Market, by Industry, 2019-2022 (USD Million)
Table 116 Rest of the World: Compressed Air Filter and Dryer Market, by Industry, 2023-2028 (USD Million)
Table 117 Rest of the World: Compressed Air Filter and Dryer Market, by Region, 2019-2022 (USD Million)
Table 118 Rest of the World: Compressed Air Filter and Dryer Market, by Region, 2023-2028 (USD Million)
11.5.1 South America
11.5.1.1 Oil & Gas Industry to Offer Lucrative Growth Opportunities to Market Players
11.5.2 Gcc
11.5.2.1 Increasing Power Generation to Strengthen Market Outlook
11.5.3 Africa & Rest of the Middle East
11.5.3.1 Increasing Manufacturing Activities to Induce Demand for Compressed Air Filters and Dryers

12 Competitive Landscape
12.1 Overview
12.2 Strategies Adopted by Key Players
Table 119 Overview of Strategies Adopted by Players in Compressed Air Filter and Dryer Market
12.3 Revenue Analysis
Figure 51 Five-Year Revenue Analysis of Top Five Players in Compressed Air Filter and Dryer Market
12.4 Market Share Analysis, 2022
Table 120 Compressed Air Filter and Dryer Market: Degree of Competition, 2022
Figure 52 Industry Concentration, 2022
12.5 Company Evaluation Matrix, 2022
12.5.1 Stars
12.5.2 Emerging Leaders
12.5.3 Pervasive Players
12.5.4 Participants
Figure 53 Compressed Air Filter and Dryer Market (Global): Company Evaluation Matrix, 2022
12.5.5 Company Footprint
Table 121 Overall Company Footprint
Table 122 Company Industry Footprint
Table 123 Company Product Type Footprint
Table 124 Company Region Footprint
12.6 Startups/Small and Medium Enterprises (SMEs) Evaluation Matrix, 2022
12.6.1 Progressive Companies
12.6.2 Responsive Companies
12.6.3 Dynamic Companies
12.6.4 Starting Blocks
Figure 54 Compressed Air Filter and Dryer Market (Global): Smes Evaluation Matrix, 2022
12.6.5 Competitive Benchmarking
Table 125 Compressed Air Filter and Dryer Market: List of Keys Startups/SMEs
Table 126 Compressed Air Filter and Dryer Market: Competitive Benchmarking of Key Startups/SMEs
12.7 Competitive Scenarios and Trends
Table 127 Compressed Air Filter and Dryer Market: Product Launches, 2021-2023
Table 128 Compressed Air Filter and Dryer Market: Deals, 2021-2023
Table 129 Compressed Air Filter and Dryer Market: Others, 2021-2023

13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 Key Players
13.1.1 Atlas Copco
Table 130 Atlas Copco: Company Overview
Figure 55 Atlas Copco: Company Snapshot
Table 131 Atlas Copco: Product/Solution/Service Offerings
Table 132 Atlas Copco: Product Launches
Table 133 Atlas Copco: Deals
Table 134 Atlas Copco: Others
13.1.2 Ingersoll Rand
Table 135 Ingersoll Rand: Company Overview
Figure 56 Ingersoll Rand: Company Snapshot
Table 136 Ingersoll Rand: Product/Solution/Service Offerings
Table 137 Ingersoll Rand: Product Launches
Table 138 Ingersoll Rand: Deals
13.1.3 Parker Hannifin Corp
Table 139 Parker Hannifin Corp: Company Overview
Figure 57 Parker Hannifin Corp: Company Snapshot
Table 140 Parker Hannifin Corp: Product/Solution/Service Offerings
Table 141 Parker Hannifin Corp: Product Launches
13.1.4 Pentair
Table 142 Pentair: Company Overview
Figure 58 Pentair: Company Snapshot
Table 143 Pentair: Product/Solution/Service Offerings
Table 144 Pentair: Product Launches
13.1.5 Donaldson Company, Inc.
Table 145 Donaldson Company, Inc.: Company Overview
Figure 59 Donaldson Company, Inc.: Company Snapshot
Table 146 Donaldson Company, Inc.: Product/Solution/Service Offerings
Table 147 Donaldson Company, Inc.: Product Launches
Table 148 Donaldson Company, Inc.: Deals
13.1.6 Boge
Table 149 Boge: Company Overview
Table 150 Boge: Product/Solution/Service Offerings
Table 151 Boge: Product Launches
Table 152 Boge: Deals
13.1.7 Hitachi Global Air Power Us, LLC.
Table 153 Hitachi Global Air Power Us, LLC.: Company Overview
Table 154 Hitachi Global Air Power Us, LLC.: Product/Solution/Service Offerings
13.1.8 Kaeser Kompressoren
Table 155 Kaeser Kompressoren: Company Overview
Table 156 Kaeser Kompressoren: Product/Solution/Service Offerings
Table 157 Kaeser Kompressoren: Product Launches
Table 158 Kaeser Kompressoren: Others
13.1.9 Spx Flow
Table 159 Spx Flow: Company Overview
Table 160 Spx Flow: Product/Solution/Service Offerings
Table 161 Spx Flow: Deals
13.1.10 Sullivan-Palatek Inc.
Table 162 Sullivan-Palatek Inc.: Company Overview
Table 163 Sullivan-Palatek Inc.: Product/Solution/Service Offerings
13.2 Other Players
13.2.1 Airfilter Engineering
Table 164 Airfilter Engineering: Company Overview
13.2.2 Almig Kompressoren GmbH
Table 165 Almig Kompressoren GmbH: Company Overview
13.2.3 Altec Air
Table 166 Altec Air: Company Overview
13.2.4 Ats Srl
Table 167 Ats. Srl: Company Overview
13.2.5 Bauer Comp Holding GmbH
Table 168 Bauer Comp Holding GmbH: Company Overview
13.2.6 Beko Technologies
Table 169 Beko Technologies: Company Overview
13.2.7 Fst GmbH Filtrations-Separations-Technik
Table 170 Fst GmbH Filtrations-Separations-Technik: Company Overview
13.2.8 Generon
Table 171 Generon: Company Overview
13.2.9 Ing. Enea Mattei Spa
Table 172 Ing. Enea Mattei Spa: Company Overview
13.2.10 Mikropor Makina San.Tic. A.S.
Table 173 Mikropor Makina San. Tic. A.S.: Company Overview
13.2.11 Omega Air
Table 174 Omega Air: Company Overview
13.2.12 Precision Filtration Products
Table 175 Precision Filtration Products: Company Overview
13.2.13 Prevost
Table 176 Prevost: Company Overview
13.2.14 Van Air Systems
Table 177 Van Air Systems: Company Overview
13.2.15 Walker Filtration
Table 178 Walker Filtration: Company Overview
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in the Case of Unlisted Companies.

14 Adjacent Market
14.1 HVAC System Market
14.1.1 Introduction
Figure 60 Commercial Segment to Hold Largest Share of HVAC System Market in 2023
Table 179 HVAC System Market, by Application, 2019-2022 (USD Billion)
Table 180 HVAC System Market, by Application, 2023-2028 (USD Billion)
14.1.2 Commercial
14.1.2.1 Growing Adoption of Energy-Efficient Equipment in Commercial Spaces to Boost Market Growth
Table 181 Commercial: HVAC System Market, by Type, 2019-2022 (USD Billion)
Table 182 Commercial: HVAC System Market, by Type, 2023-2028 (USD Billion)
Table 183 Commercial: HVAC System Market, by Cooling Equipment, 2019-2022 (USD Million)
Table 184 Commercial: HVAC System Market, by Cooling Equipment, 2023-2028 (USD Million)
Table 185 Commercial: HVAC System Market, by Heating Equipment, 2019-2022 (USD Billion)
Table 186 Commercial: HVAC System Market, by Heating Equipment, 2023-2028 (USD Billion)
Table 187 Commercial: HVAC System Market, by Ventilation Equipment, 2019-2022 (USD Million)
Table 188 Commercial: HVAC System Market, by Ventilation Equipment, 2023-2028 (USD Million)
14.1.2.1.1 Offices
14.1.2.1.2 Government
14.1.2.1.3 Healthcare
14.1.2.1.4 Education
14.1.2.1.5 Retail
14.1.2.1.6 Airports
14.1.3 Residential
14.1.3.1 Government Regulations and Tax Credit Programs to Promote Use of HVAC Systems in Residential Sector to Drive Market
Table 189 Residential: HVAC System Market, by Cooling Equipment, 2019-2022 (USD Million)
Table 190 Residential: HVAC System Market, by Cooling Equipment, 2023-2028 (USD Million)
Table 191 Residential: HVAC System Market, by Heating Equipment, 2019-2022 (USD Billion)
Table 192 Residential: HVAC System Market, by Heating Equipment, 2023-2028 (USD Billion)
Table 193 Residential: HVAC System Market, by Ventilation Equipment, 2019-2022 (USD Million)
Table 194 Residential: HVAC System Market, by Ventilation Equipment, 2023-2028 (USD Million)
14.1.4 Industrial
14.1.4.1 Rising Adoption of Energy-Efficient HVAC Systems in Industries to Minimize Operational Costs to Drive Market
Table 195 Industrial: HVAC System Market, by Cooling Equipment, 2019-2022 (USD Million)
Table 196 Industrial: HVAC System Market, by Cooling Equipment, 2023-2028 (USD Million)
Table 197 Industrial: HVAC System Market, by Heating Equipment, 2019-2022 (USD Billion)
Table 198 Industrial: HVAC System Market, by Heating Equipment, 2023-2028 (USD Billion)
Table 199 Industrial: HVAC System Market, by Ventilation Equipment, 2019-2022 (USD Million)
Table 200 Industrial: HVAC System Market, by Ventilation Equipment, 2023-2028 (USD Million)

15 Appendix
15.1 Insights from Industry Experts
15.2 Discussion Guide
15.3 Knowledgestore: The Subscription Portal
15.4 Customization Options

Companies Mentioned

  • Airfilter Engineering
  • Almig Kompressoren GmbH
  • Altec Air
  • Atlas Copco
  • ATS SRL
  • Bauer Comp Holding GmbH
  • Beko Technologies
  • Boge
  • Donaldson Company, Inc.
  • FST GmbH Filtrations-Separations-Technik
  • Generon
  • Hitachi Global Air Power Us, LLC.
  • Ing. Enea Mattei Spa
  • Ingersoll Rand
  • Kaeser Kompressoren
  • Mikropor Makina San.Tic. A.S.
  • Omega Air
  • Parker Hannifin Corp
  • Pentair
  • Precision Filtration Products
  • Prevost
  • SPX Flow
  • Sullivan-Palatek Inc.
  • Van Air Systems
  • Walker Filtration

Methodology

Loading
LOADING...

Table Information