Global Membrane Air Dryer Market 2019-2025
|発行||Orion Market Research Pvt Ltd||商品コード||911669|
Global Membrane Air Dryer
Market Size, Share & Trends Analysis Report by Product Type (Porous, and Non-Porous), by Application (Food and Beverages, Pharmaceutical, Chemical, Oil & Gas, and Electronics) and Forecast, 2019-2025.
Global Membrane Air Dryer Market is expected to grow at 5.2% CAGR during the forecasted period. Membrane air dryers are filtration systems which are being used to remove water vapor from the compressed air system. Along with water vapors, the membrane dryers offer a technique to eject out various contaminants from the compressed air system. Membrane air dryer market is growing at a considerable rate during the forecast period. The market is driven by rapid industrialization in economies such as India, and China, which are emerging at a high rate along with the expansion of food and beverages, pharmaceutical, chemical, and other industries. Other factors contributing to the growth of the market include increasing demand for automation in various manufacturing industries and surging demand membrane air dryer in various end-user industries.
However, due to the application of membrane air dryer in low capacity operations, the product cannot be used in heavy industrial applications, which as a result restrict the market growth. In addition, due to membrane fouling in the air dryer owing to exposure to the oil and moisture, the adoption is being hampered. Besides these, increasing adoption of membrane dryer for improving the operational efficiency of a system and reducing maintenance cost is expected to drive the market growth during the forecast period.
The global membrane air dryer market is segmented on the basis of product type, application, and geography. The market on the basis of product type is bifurcated into porous, and non-porous membrane air dryer. Among these, porous membrane air dryer is expected to hold a significant share in the market. Further, on the basis of application, the global membrane air dryer market is segmented into food and beverages, pharmaceutical, chemical, oil & gas, and electronics. Membrane air dryers improve the efficiency of the existing system and provide dry, clean and high-quality compressed air, and lower the operating cost significantly. Thereby, membrane air dryers are used across a number of end-user industries.
The study of the global membrane air dryer market covers the analysis of four major regions; North America (US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific), and Rest of the World (RoW). Among these, Asia-Pacific is expected to hold a prominent share in the global market. Further, the market study covers the analysis of several players operating in the market. Some of the players covered in the report include Pentair PLC, Parker Hannifin Corp., Gardner Denver, Inc., Donaldson Co., Inc., Atlas Copco Corp.¸ Kaeser Compressors, Inc., Ingersoll-Rand Inc., SMC Corp., Bellex International Corp., Festo AG & Co. KG, and others.
The market study of the global membrane air dryer market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for membrane air dryers manufacturers, traders, suppliers, and distributors, food and beverages industry, healthcare service providers, chemical industry, pharmaceutical industry, oil & gas industry, and others end-users, research institutes, investment companies, and government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.