Membrane Air Dryers Market Would Grow at a CAGR of 6.5 Percent,Over the forecast period 2022-2032 : FMI

The global membrane air dryers market is expected to exceed $1 billion by the end of 2032. Sales of membrane air dryers are estimated to exceed $730 million by 2022, growing at a CAGR of 6.5 percent between 2022 and 2032. The increasing use of membrane air dryers in pneumatic brakes for automobiles and trains is fueling market expansion. Membrane air …

Membrane Air Dryers Market Supply & Demand, Regional Outlook And Key Players by Forecast 2022 – 2032

Membrane air dryers offer several advantages including no moving parts, lightweight, compact, and space-saving along with no vibration or heat discharge. Further feature includes improving the manufacturing process, energy-saving as they do not need electricity to use, helping in reducing noise, and overall enhancing the system reliability. Owing to this, demand from various end-use industries …