Air Compressor Filter and Compressed Air Dryer Market by By Product, Industry, and Geography
The report "Air Compressor Filter and Compressed Air Dryer Market by Product (Air Dryers (Refrigeration, Desiccant, Deliquescent, Membrane), Air Filters (Particulate, Coalescing, Compressed Intake, Activated Carbon)), Industry, and Region- Global Forecast to 2025", is estimated to be valued at USD 5.4 billion in 2020 and is projected to reach USD 7.5 billion by 2025; it is expected to grow at a CAGR of 7.0% during the forecast period. Major factors fueling the growth of the market include increasing need to reduce downtime and improve system efficiency, the growing use of compressed air dryers for protecting equipment against hazardous and corrosive environments, and surging demand for air compressor filters as they filter contaminants up to several microns.
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Air Compressor Filter and Compressed Air Dryer Market, By Product:
- Compressed Air Dryers
- Refrigeration Dryers
- Desiccant/Adsorption Dryers
- Deliquescent Dryers
- Membrane Dryers
- Air Compressor Filters
- Particulate Filters
- Coalescing Filters
- Compressed Intake Filters
- Activated Carbon Filters
Air Compressor Filter and Compressed Air Dryer Market, By Industry:
- Automotive
- Oil & Gas
- Chemicals
- Power Generation
- Food & Beverages
- Metal & Machinery
- Pharmaceuticals
- Electronics
- Others (Paper & Pulp, Plastics, and Wood)
Air Compressor Filter and Compressed Air Dryer Market, By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Refrigeration dryers to hold largest size of compressed air dryer market by 2025
Refrigeration dryers are the most commonly used dryers in the manufacturing industry, having relatively low initial and operating costs. These dryers are extensively used in industries, where the temperature of compressed air needs to be regulated along with achieving the high dryness of the air.
North America to be largest market for air compressor filter and compressed air dryer market in 2025
North America held the largest size of the air compressor filter and compressed air dryer market in 2019. The US is a major contributor to the North American air compressor filter and compressed air dryer market. The presence of a large number of manufacturing facilities of automotive and food & beverages industries is expected to drive the air compressor filter and compressed air dryer market in North America.
Major players in the air compressor filter and compressed air dryer market include Atlas Copco (Sweden), Ingersoll-Rand (US), Parker-Hannifin (US), Mann+Hummel (Germany), Donaldson Company (US), SPX Flow (US), BOGE Kompressoren (Germany), Kaeser Kompressoren (Germany), Sullair (US), and Sullivan-Palatek (US).
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