The air oil separators global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Air Oil Separators Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The air oil separator market size has grown strongly in recent years. It will grow from $1.75 billion in 2023 to $1.86 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing demand for high-quality industrial machinery, increasing the probability of capturing even the minutest oil droplets, increasing demand for Air Oil Separator, and growth of the automotive industry.
The air oil separator market size is expected to see strong growth in the next few years. It will grow to $2.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to Increasing stringency of environmental regulations, increasing acceptance of renewable energy sources, increased appetite for pleated air oil separators among consumer industries, increasing demand for energy efficiency, and rising adoption of electric vehicles. Major trends in the forecast period include technological innovation, advancements in manufacturing processes, technological advancements, product innovation, innovation in air oil separtor technology, and innovation in design and functionality.
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Scope Of Air Oil Separators Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Air Oil Separators Market Overview
Market Drivers –
The rise in popularity of packaged food is expected to propel the growth of the air oil separators market going forward. Packaged food refers to food products placed in a container or package so that the contents cannot be altered without disrupting or tampering with the package itself. The rising popularity of packaged food is due to convenience and time-saving, hygiene and food safety, and changing consumer behavior. Air oil separators help remove oil and other contaminants from the compressed air used in food processing and packaging applications. They ensure the safety and quality of packaged food products by maintaining clean and uncontaminated air environments throughout production. For instance, in 2022, according to the Food Export Association of the Midwest USA, a US-based non-profit organization, the retail sales of packaged foods in Japan are predicted to reach $235.9 billion by 2026, an increase of 9.1%, or $19.6 billion, from 2022. Therefore, the rise in popularity of packaged food is driving the growth of the air oil separators market.
Market Trends –
Major companies operating in the air oil separators market are focused on developing innovative solutions, such as built-in baffles, to enhance engine performance and longevity. Built-in baffles are a mechanical feature used in air oil separators to aid in separating oil from compressed air or gas streams. For instance, in September 2023, K&N, a US-based company, introduced an innovative New Air Oil Separator Product Line. These are designed with large capacity, efficient filtration, easy installation, and premium materials to effectively remove oil from compressed air/gas streams and protect downstream equipment in various industrial applications. K&N has developed air oil separators with built-in baffles that efficiently filter oil from crankcase pressure before recirculating it to the intake tract. These separators effectively reduce carbon deposits from vapors in the intake manifold and valves, providing superior engine protection and longevity.
The air oil separators market covered in this report is segmented –
1) By Product Type: Pleated, Coalescing, Deep Filter
2) By Application: Oil Lubricated Compressors, Oil Lubricated Vacuum Pumps
3) By End User: Oil And Gas, Power Generation, Automotive, Aerospace, Food And Beverage, Chemical, Other Industrial
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Regional Insights –
North America was the largest region in the air oil separator market in 2023. The regions covered in the air oil separators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the air oil separators market are Atlas Copco, Ingersoll Rand Inc., MANN+HUMMMEL, Donaldson Company Inc., Meggitt Control Systems, Chicago Pneumatic, Sullair Australia, Walker Engineering, Fleetguard Filters Pvt Ltd., K&N Engineering, KELTEC Technolab, FAI Filtri Srl, Solberg Manufacturing, Walker Filtration Inc., Dongguan Sheglian Filter Manufacturing, Mikropor, PSI Global Ltd., Horizon Enterprise, Sotras Srl, Sofin Industrial Filters S.R.L., IAG Off-Road, Coburg Equipments Pvt Ltd., Smridhi Manufacturing Co. Pvt. Ltd., T.G. Filter Srl, JJ Filters
Table of Contents
1. Executive Summary
2. Air Oil Separators Market Report Structure
3. Air Oil Separators Market Trends And Strategies
4. Air Oil Separators Market – Macro Economic Scenario
5. Global Air Oil Separators Market Size and Growth
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32. Global Air Oil Separators Market Competitive Benchmarking
33. Global Air Oil Separators Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Air Oil Separators Market
35. Air Oil Separators Market Future Outlook and Potential Analysis
36. Appendix
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