Asia Pacific Compressed Air Treatment Equipment Market to observe significant growth over the forecast period
Date: 2019-06-15   Author: Rahul Varpe  Category: #news

Asia Pacific Compressed Air Treatment Equipment Market to observe significant growth over the forecast period

The Compressed Air Treatment Equipment Market 2019 Research Report investigates a thorough and complete study on Asphalt Mixing Plants market volume, market Share, market Trends, applications, Utilization ratio, Supply and demand analysis, manufacturing capacity and growth forecast  from 2019 to 2024.

Rising industrial development in emerging countries like China and India will have a significant influence on the global market. Incessant requirement of clean and moisture-free compressed air to ensure the prolonged life of the costly machineries involved in manufacturing will boost the compressed air treatment equipment demand in coming years.

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The chemical industry expansion in Latin America and MEA regions will be the key factor for compressed air treatment equipment market growth in future. Compressed air industry scope includes fermentation and aeration, air separation in pressure swing adsorption (PSA) plants, etc. Compressed air is also used in pneumatic transport and control systems of chemicals inside the plants. Developing areas such as Argentina, Brazil and Mexico have witnessed tremendous industrial growth since the last two decades and will witness significant product demand in the forecast timespan. Additionally, rapid improvements in pharmaceutical sector in Asia Pacific will boost the market over forecast spell.

Manufactures present in the Compressed Air Treatment Equipment Market include:

  • Beko Technologies
  • Omega Air
  • Emerson Climate Technologies
  • Friulair
  • Omega Air
  • Pentair
  • Walker Filtration
  • CompAir
  • Seneca Companies

Rapidly developing industrialization and increasing importance on the product quality are the crucial factors for the compressed air treatment equipment market growth for plant air application segment. The products are often recommended to supply clean dry air for operations so as to prevent damage to the supply lines, pipes, and fittings due to dirt, moisture, or oil. These contaminants may result in a high drop of pressure, leading to an undesirable energy loss in air compression along with reduction in the operational efficiency at the point of use.

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Growing automation of the food and beverage industry and rising demand for packed food and snacks around the globe will increase the dependence on clean and food standard compressed air for activities such as vacuum generation, cleaning, bottle dehydration, spray coating, etc., hence enhancing the compressed air treatment equipment market growth throughout the forecast span.

The high initial purchase costs, operational costs, and repair costs associated with compressed air treatment equipment may hamper the market growth by 2024. Compressed air is the least energy-efficient industrial system offering only 9% efficiency. This leads to a high operational cost of compressors.

The compressed air treatment equipment market is categorized into product, application and end-users. The product section is further segmented into filters, dryers and aftercoolers. Among these, dryers held the major chunk of the industry, as it finds its extensive application for reducing the water content from instrument air.

End-user segments includes food and beverages, automotive, steel, aerospace, healthcare, chemical, electronics, chemical and industrial. Food and beverage section will register over USD 1 billion in 2024 due to the distinctive uses of compressed air in the food and beverage industry including product handling, transportation across the production line, food filling machines, in fluid pumps, etc.

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Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

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