The Compressed Air Treatment Equipment Global Market Report 2023, provides comprehensive information on the compressed air treatment equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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According to The Business Research Company’s Compressed Air Treatment Equipment Global Market Report 2023, the global compressed air treatment equipment market is anticipated to witness substantial growth. Projections indicate an expansion from $8.27 billion in 2022 to $8.90 billion in 2023, reflecting a notable compound annual growth rate (CAGR) of 7.6%. However, the ongoing Russia-Ukraine conflict has introduced uncertainties into the global economic recovery post-COVID-19. This geopolitical turmoil has resulted in economic sanctions, surging commodity prices, and supply chain disruptions, leading to inflationary pressures across various sectors. Despite these challenges, the global compressed air treatment equipment market is forecasted to attain a size of $11.42 billion by 2027, driven by a CAGR of 6.4%. This emphasizes the industry’s resilience and adaptability within the complex global landscape.
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Product innovation is a key trend gaining popularity in the compressed air treatment equipment market. Major companies operating in compressed air treatment equipment are focused on developing innovative solutions to strengthen their position in the market. For instance, in May 2021, Parker Hannifin Corporation., a US-based manufacturing company, launched its new product, the ‘PPD series sortable desiccant compressed air dryers’ which is a range of comprehensive compressed air treatment systems. The uniqueness of this product is that it is equipped with multiple stages of filtration and a twin-tower adsorption dryer. It sets the international standard for compressed air quality, and these highly engineered systems are designed with two coalescing pre-filters to ensure clean, dry air
The compressed air treatment equipment market is segmented:
1) By Product: Filters, Dryers, Aftercoolers
2) By Application: Plant Air, Instrument Air, Process Air, Breathing Air
3) By End User: Chemical, Food And Beverage, Healthcare, Pharmaceuticals, Automotive, Other End users
Asia-Pacific was the largest region in the compressed air treatment equipment market in 2022.
Top 5 Major Key Players Are:
Atlas Copco
Airfilter Engineering
BEKO Technologies Corp
BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG
Chicago Pneumatic
Table Of Contents
1. Executive Summary
2. Compressed Air Treatment Equipment Market Characteristics
3. Compressed Air Treatment Equipment Market Trends And Strategies
4. Compressed Air Treatment Equipment Market – Macro Economic Scenario
5. Compressed Air Treatment Equipment Market Size And Growth
……
26. Africa Compressed Air Treatment Equipment Market
27. Compressed Air Treatment Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Compressed Air Treatment Equipment Market
29. Compressed Air Treatment Equipment Market Future Outlook and Potential Analysis
30. Appendix
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