The global membrane air dryers market size is estimated to surpass a valuation of US$ 1,200 Mn by the end of 2032. The sales on membrane air dryers are expected to top US$ 730 Mn by 2022, exhibiting growth at a CAGR of 6.5% over the forecast period 2022-2032. Increasing adoption of membrane air dryers in pneumatic brakes for automotive vehicles and trains is augmenting the growth in the market.
Further feature includes improving manufacturing process, energy-saving as they do not need electricity to use, helps in reducing noise and overall enhancing the system reliability. Owing to this, demand from various end-use industries is increasing especially in medical sector (dental) which is driving the growth in global membrane air dryer market.
With proper maintenance and installation, it will be lasting for long years. Increasing demand from various end use industries such as food & beverage, medical, industrial, telecommunication, among many others, the demand for membrane air dryers is rapidly growing. Membrane air dryer’s technology is anticipated to evolve in the future, as membrane air dryer provides ultra clean and dry air, also it is projected to replace refrigerated air dryers.
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Membrane Air Dryers Market: Drivers & Restraints
Additionally, hygiene consideration in food & beverages particularly in meat and dairy industry is another major reason fuelling the demand in membrane air dryer market. However, excessive water in compressed air (either in liquid or vapour phase), corrosion in piping and equipment can cause a variety of working problems and issue in the growth of the global membrane air dryer market.
Membrane Air Dryers Market: Region-wise Outlook
The global membrane air dryers market is geographically segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America is the fastest growing market and holds the major market share in the global membrane air dryers market.In North America and Europe, certain government rules and regulation along with standardization in food & beverages industry, is expected to drive the growth in the membrane air dryers market.The region is expected to grow at a double digit CAGR during 2015 to 2025.
Membrane Air Dryers Market: Key Players
Some of the key market participants in the global membrane air dryers includes Donaldson Company Inc., Sullair, Parker, Pentair, Gardner Denver, Inc., and Atlas Copco Corp, among many others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Membrane Air Dryers Market: Segmentation
On the basis of product types, the global air dryers market can be segmented into:
- Porous (leading product segment)
- Non-Porous
On the basis of application, the global air dryers market can be segmented into:
- Medical
- Food & Beverage (anticipated to witness high growth over the forecast period, 2015-2025)
- Industrial
- Telecommunication
- Electronics
- Other (truck and train air brake systems)
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