The Air Oil Separators Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Air Oil Separators Global Market Report 2024, 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.
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.
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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
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 report table of contents includes:
1. Executive Summary
2. Air Oil Separators Market Characteristics
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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