Market Overview:
The global air compressor filter and compressed air dryer market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for compressed air in various industrial applications, such as automotive, oil & gas, chemicals, power generation, food & beverages, metal & machinery, pharmaceuticals and electronics. In addition, the growing demand for compressed air in emerging countries is also contributing to the growth of this market. On the basis of type, the global air compressor filter and compressed air dryer market can be segmented into compressed air dryers and filters. The filters segment is expected to account for a larger share of this market than the dryers segment during the forecast period. This can be attributed to their low cost as compared to dryers and their ability to remove moisture from compressed air effectively.
Product Definition:
An air compressor filter is a device that removes dirt and other contaminants from the compressed air output of an air compressor. Air compressors produce large quantities of dirty, oily air, which can cause serious problems if not filtered. An oil-free compressed-air system is one method of avoiding these problems.
A compressed-air dryer is a device that removes water vapor from the compressed air output of an air compressor.
Compressed Air Dryers:
Compressed air dryers are used to reduce the moisture content in compressed air. Compressed air is used in a wide range of applications such as construction, automobile and manufacturing industries. In these high-pressure environments, water vapor present in the atmosphere can condense and form a layer on the inside of your machine, reducing its efficiency.
Air Compressor Filters:
Air compressor filters are used to reduce the particulate matter and dust in compressed air. The compressed air that is supplied by industrial machines has a lot of impurities such as dust, dirt, chips, etc. These impurities cause damage to the sensitive electronic components if they are not removed properly. Air compressor filters help remove these harmful particles from the compressed air so that it can be reused for further operations without causing any harm to the equipment or person using it.
Application Insights:
The automotive application segment led the global market and accounted for more than 30.0% share of the total revenue in 2017. The growth is attributed to increasing demand for passenger vehicles in developing countries, such as India, China, Thailand and Indonesia. Moreover, stringent regulations regarding vehicle emissions are expected to drive product demand over the forecast period.
Oil & gas is one of the prominent applications that utilize these devices due to their ability to provide high-quality compressed air with desired purity levels required by various oil drilling operations across different regions globally including Middle East and Africa where oil & gas companies are investing heavily onshore.
Regional Analysis:
North America dominated the global air compressor filter and compressed air dryer market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for energy-efficient products coupled with stringent environmental regulations by regulatory bodies such as EPA and OSHA regarding emission of toxic gases into the atmosphere.
The automotive industry in North America is one of the largest consumers of compressed air due to its high requirement for manufacturing components such as interior componets, body panels, instrument clusters, etc., which are installed using compressors during component assembly operations. In addition, growing use of electric vehicles has resulted in an increase in demand for power generation applications that consume large amounts of electricity on a daily basis; this trend is projected to have a positive impact on growth over the next eight years.
Asia Pacific accounted for more than 20% share within Asia Pacific regional market owing to rapid industrialization.
Growth Factors:
- Increasing demand for compressed air in various industries
- Growing awareness about the benefits of using compressed air
- Technological advancements in air compressor filter and compressed air dryer technologies
- Rising demand from emerging economies
- Stringent government regulations for improving the quality of compressed air
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Compressor Filter and Compressed Air Dryer Market Research Report
By Type
Compressed Air Dryers, Air Compressor Filters
By Application
Automotive, Oil & Gas, Chemicals, Power Generation, Food & Beverages, Metal & Machinery, Pharmaceuticals, Electronics, Others (Paper & Pulp, Plastics, and Wood)
By Companies
Atlas Copco, Ingersoll-Rand, Parker-Hannifin, Mann+Hummel, Donaldson, SPX, BOGE Kompressoren, Kaeser Kompressoren, Sullair, Sullivan-Palatek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Air Compressor Filter and Compressed Air Dryer Market Report Segments:
The global Air Compressor Filter and Compressed Air Dryer market is segmented on the basis of:
Types
Compressed Air Dryers, Air Compressor Filters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Oil & Gas, Chemicals, Power Generation, Food & Beverages, Metal & Machinery, Pharmaceuticals, Electronics, Others (Paper & Pulp, Plastics, and Wood)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlas Copco
- Ingersoll-Rand
- Parker-Hannifin
- Mann+Hummel
- Donaldson
- SPX
- BOGE Kompressoren
- Kaeser Kompressoren
- Sullair
- Sullivan-Palatek
Highlights of The Air Compressor Filter and Compressed Air Dryer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compressed Air Dryers
- Air Compressor Filters
- By Application:
- Automotive
- Oil & Gas
- Chemicals
- Power Generation
- Food & Beverages
- Metal & Machinery
- Pharmaceuticals
- Electronics
- Others (Paper & Pulp, Plastics, and Wood)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Compressor Filter and Compressed Air Dryer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air compressor filter is a device that helps to clean the air that is being compressed by the compressor. The compressed air dryer is a machine used to remove moisture from the compressed air.
Some of the major companies in the air compressor filter and compressed air dryer market are Atlas Copco, Ingersoll-Rand, Parker-Hannifin, Mann+Hummel, Donaldson, SPX, BOGE Kompressoren, Kaeser Kompressoren, Sullair, Sullivan-Palatek.
The air compressor filter and compressed air dryer market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Compressor Filter and Compressed Air Dryer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Compressor Filter and Compressed Air Dryer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Compressor Filter and Compressed Air Dryer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Compressor Filter and Compressed Air Dryer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Compressor Filter and Compressed Air Dryer Market Size & Forecast, 2018-2028
4.5.1 Air Compressor Filter and Compressed Air Dryer Market Size and Y-o-Y Growth
4.5.2 Air Compressor Filter and Compressed Air Dryer Market Absolute $ Opportunity
Chapter 5 Global Air Compressor Filter and Compressed Air Dryer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
5.2.1 Compressed Air Dryers
5.2.2 Air Compressor Filters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Compressor Filter and Compressed Air Dryer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Oil & Gas
6.2.3 Chemicals
6.2.4 Power Generation
6.2.5 Food & Beverages
6.2.6 Metal & Machinery
6.2.7 Pharmaceuticals
6.2.8 Electronics
6.2.9 Others (Paper & Pulp
6.2.10 Plastics
6.2.11 and Wood)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Compressor Filter and Compressed Air Dryer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Compressor Filter and Compressed Air Dryer Analysis and Forecast
9.1 Introduction
9.2 North America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
9.6.1 Compressed Air Dryers
9.6.2 Air Compressor Filters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Oil & Gas
9.10.3 Chemicals
9.10.4 Power Generation
9.10.5 Food & Beverages
9.10.6 Metal & Machinery
9.10.7 Pharmaceuticals
9.10.8 Electronics
9.10.9 Others (Paper & Pulp
9.10.10 Plastics
9.10.11 and Wood)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Compressor Filter and Compressed Air Dryer Analysis and Forecast
10.1 Introduction
10.2 Europe Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
10.6.1 Compressed Air Dryers
10.6.2 Air Compressor Filters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Oil & Gas
10.10.3 Chemicals
10.10.4 Power Generation
10.10.5 Food & Beverages
10.10.6 Metal & Machinery
10.10.7 Pharmaceuticals
10.10.8 Electronics
10.10.9 Others (Paper & Pulp
10.10.10 Plastics
10.10.11 and Wood)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Compressor Filter and Compressed Air Dryer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
11.6.1 Compressed Air Dryers
11.6.2 Air Compressor Filters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Oil & Gas
11.10.3 Chemicals
11.10.4 Power Generation
11.10.5 Food & Beverages
11.10.6 Metal & Machinery
11.10.7 Pharmaceuticals
11.10.8 Electronics
11.10.9 Others (Paper & Pulp
11.10.10 Plastics
11.10.11 and Wood)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Compressor Filter and Compressed Air Dryer Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
12.6.1 Compressed Air Dryers
12.6.2 Air Compressor Filters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Oil & Gas
12.10.3 Chemicals
12.10.4 Power Generation
12.10.5 Food & Beverages
12.10.6 Metal & Machinery
12.10.7 Pharmaceuticals
12.10.8 Electronics
12.10.9 Others (Paper & Pulp
12.10.10 Plastics
12.10.11 and Wood)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Compressor Filter and Compressed Air Dryer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Type
13.6.1 Compressed Air Dryers
13.6.2 Air Compressor Filters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Compressor Filter and Compressed Air Dryer Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Oil & Gas
13.10.3 Chemicals
13.10.4 Power Generation
13.10.5 Food & Beverages
13.10.6 Metal & Machinery
13.10.7 Pharmaceuticals
13.10.8 Electronics
13.10.9 Others (Paper & Pulp
13.10.10 Plastics
13.10.11 and Wood)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Compressor Filter and Compressed Air Dryer Market: Competitive Dashboard
14.2 Global Air Compressor Filter and Compressed Air Dryer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Ingersoll-Rand
14.3.3 Parker-Hannifin
14.3.4 Mann+Hummel
14.3.5 Donaldson
14.3.6 SPX
14.3.7 BOGE Kompressoren
14.3.8 Kaeser Kompressoren
14.3.9 Sullair
14.3.10 Sullivan-Palatek
