The global membrane air dryers market is expected to exceed $1 Bn by the end of 2032. Sales of membrane air dryers are estimated to exceed $730 Mn by 2022, growing at a CAGR of 6.5 percent between 2022 and 2032. The increasing use of membrane air dryers in pneumatic brakes for automobiles and trains is fueling market expansion.
Membrane air dryers offer several advantages including no moving parts, lightweight, compact, and space-saving along with no vibration or heat discharge. Further feature includes improving the manufacturing process, energy-saving as they do not need electricity to use, helping in reducing noise and overall enhancing the system reliability. Owing to this, demand from various end-use industries is increasing significantly in the medical sector (dental) which is driving the growth in the global membrane air dryer market.
With proper maintenance and installation, it will be lasting for long years. Increasing demand from various end-use industries such as food & beverage, medical, industrial, and telecommunication, among many others, the demand for membrane air dryers is rapidly growing. Membrane air dryer technology is anticipated to evolve in the future, as membrane air dryer provides ultra-clean and dry air, also it is projected to replace refrigerated air dryers.
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Membrane Air Dryers Market: Drivers & Restraints
Additionally, hygiene consideration in food & beverages particularly in the meat and dairy industry is another major reason fuelling the demand in the membrane air dryer market. However, excessive water in compressed air (either in the liquid or vapour phase), and corrosion in piping and equipment can cause a variety of working problems and issues in the growth of the global membrane air dryer market.
Membrane Air Dryers Market: Region-wise Outlook
The global membrane air dryers market is geographically segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America is the fastest-growing market and holds the major market share in the global membrane air dryers market. In North America and Europe, certain government rules and regulation along with standardization in the food & beverages industry is expected to drive the growth in the membrane air dryers market. The region is expected to grow at a double-digit CAGR from 2015 to 2025.
Membrane Air Dryers Market: Key Players
Some of the key market participants in the global membrane air dryers include Donaldson Company Inc., Sullair, Parker, Pentair, Gardner Denver, Inc., and Atlas Copco Corp, among many others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- the Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors, and market attractiveness per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Membrane Air Dryers Market: Segmentation
Based on product types, the global air dryers market can be segmented into:
- Porous (leading product segment)
- Non-Porous
Based on application, the global air dryers market can be segmented into:
- Medical
- Food & Beverage (anticipated to witness high growth over the forecast period, 2015-2025)
- Industrial
- Telecommunication
- Electronics
- Other (truck and train air brake systems)
Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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