The Business Research Company’s report on the Air Compressor Filter & Compressed Air Dryer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the air compressor filter & compressed air dryer market?
The increasing growth of the pharmaceutical Industry is expected to propel the growth of the air compressor filter & compressed air dryer market going forward. The growth of the pharmaceutical Industry refers to the discovery, development, and manufacture of drugs and medications by public and private organizations for the treatment of patients and its sales and marketing. In pharmaceutical and bio-pharmaceuticals manufacturing facilities, higher quality of air is required so that the final product should be free of oil, water, and microorganisms. To ensure the quality of the product manufacturers are investing hugely in air filters and dryers which shows a significant growth in the air compressor filter & compressed air dryer market. For instance, according to India Brand Equity Foundation, an India-based trust established by the Department of Commerce, the domestic pharmaceutical market in India was valued at USD 42 billion in 2021 and is projected to rise to USD 65 billion by 2024 and USD 120–130 billion by 2030. Also. the Indian pharmaceutical market saw a 13.9% growth in overall revenue in January 2022. Furthermore, according to Atradius Collections, a Germany-based full-service B2B debt collections firm, Germany produced 4.5% of the world’s pharmaceuticals in 2020. Following a 5.2% increase in 2021, the value-added output of the pharmaceutical Industry is predicted to increase by 4% in 2022 and by more than 2% in 2023. Therefore, the growth of the pharmaceutical Industry is driving the growth of air compressor filter & compressed air dryer market.
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How has the air compressor filter & compressed air dryer market size evolved, and what are the latest forecasts for its expansion?
The air compressor filter & compressed air dryer market size has grown strongly in recent years. It will grow from $3.9 billion in 2024 to $4.17 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to industrialization and manufacturing growth, energy efficiency regulations, economic growth, environmental concerns, rise in electronics sector.
The air compressor filter & compressed air dryer market size is expected to see strong growth in the next few years. It will grow to $5.65 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to Industry 4.0 adoption, infrastructure development, rise in automotive Industry, aging equipment, rising urbanization. Major trends in the forecast period include smart and connected systems, modular and scalable solutions, nanofiber technology, remote monitoring and predictive maintenance, high-pressure air treatment.
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Which major companies dominate the air compressor filter & compressed air dryer market?
Major companies operating in the air compressor filter & compressed air dryer market include Beko Technologies GmbH, BOGE KOMPRESSOREN, Donaldson Company Inc., Ingersoll Rand, Kaeser Compressors Inc., Parker Hannifin Corporation, SPX Flow Inc., Sullair, Sullivan-Palatek Inc., Van Air Systems, Walker Filtration Limited, Airfilter Engineering (AFE), Ing. Enea Mattei Spa, Mann + Hummel Gruppe, OMEGA AIR d.o.o. Ljubljana, Precision Filtration Products, ZEKS Compressed Air Solutions., Gardner Denver, CompAir, Mattei, Sauer Compressors, Hitachi Industrial Equipment Systems Co Ltd, MTA SpA, Zander Group, Pentair, Quincy Compressors, Aircel, Deltech
What trends will shape the future of the aiops market?
Product innovations are the key trends gaining popularity in the air compressor filter & compressed air dryer market. Major companies operating in the healthcare Industry are developing new technologies to sustain their position in the air compressor filter & compressed air dryer market. For in April 2023, Rotair SPA, an Italy-based company in the design, manufacture, and distribution of high-technology portable air compressors, launched its MDVN34E and MDVN32B portable air compressors. The MDVN34E electric portable air compressor was created to offer construction sites 3400 litres/min compressed air, without the use of internal combustion engines, to work in those municipalities and sites where diesel engines have been banned. The MDVN32B petrol portable air compressor offers a 40HP petrol engine variant capable of delivering 3200 litres/min at a constant 7 bar, within the Stage V parameters.
Which region dominates the air compressor filter & compressed air dryer market, and what factors contribute to its leadership?
North America was the largest region in the air compressor filter & compressed air dryer market in 2024. The regions covered in the air compressor filter & compressed air dryer market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How is the air compressor filter & compressed air dryer market segmented, and which segment holds the largest share?
The air compressor filter & compressed air dryer market covered in this report is segmented –
1) By Product Type: Compressed Air Dryers, Compressed Air Filters
2) By Application: Condensed Water Removal, Oil Removal, Particulate Removal, Other Applications
3) By Industry Vertical: Automotive, Oil and Gas, Food & Beverages, Power Generation, Metals and Machinery, Pharmaceuticals, Electronics, Chemicals, Other Industries
Subsegments:
1) By Compressed Air Dryers: Refrigerated Air Dryers, Desiccant Air Dryers, Membrane Air Dryers, Heatless Regenerative Dryers, Deliquescent Dryers
2) By Compressed Air Filters: Coalescing Filters, Particulate Filters, Activated Carbon Filters, Microfilters, Oil Removal Filters, Air Filter Regulators, Inline Filters, Compressed Air Treatment Systems
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How is the air compressor filter & compressed air dryer market defined, and what are its core characteristics?
Air compressor filter & compressed air dryer refers to a filter used to filter impurities from atmospheric air including dust, oil and moisture, and harmful liquids to make compressed air viable for use. The purpose of an air compressor filter and a compressed air dryer is to ensure that the compressed air delivered by the compressor is clean, dry, and free from contaminants that could damage equipment or affect product quality in various industrial applications.
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