Market Overview:
The global industrial membrane air dryers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial membrane air dryers from various end-use industries, such as food & beverage, medical, telecommunication and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market. On the basis of type, porous type industrial membrane air dryers are expected to account for a larger share in terms of revenue in 2018 as compared to non-porous type industrial membrane air dryers. This can be attributed to their high efficiency and low operating costs as compared to other types of industrial membrane air dryers available in the market.
Product Definition:
Industrial membrane air dryers are devices that use a special type of membrane to remove water vapor from the air. This can be important for a number of reasons, including reducing the risk of fire, preventing corrosion, and improving the efficiency of machinery.
Porous Type Industrial Membrane Air Dryers:
Porous type industrial membrane air dryers are used for removing moisture from gas streams. They are widely used in petrochemical industries, power generation plants and natural gas processing plants among other industries. The porous type industrial membrane air dryer is made up of two membranes joined by a common channel which acts as a flow passageway between them.
Non-Porous Type Industrial Membrane Air Dryers:
Non-porous type industrial membrane air dryers are used to remove moisture from gas streams. They have applications in the chemical, petrochemical, food & beverage and pharmaceutical industries. These membranes are widely used for drying various gases such as hydrogen sulfide, carbon dioxide and ammonia among others.
The non-porous type industrial membrane air dryers can be segmented into two types on the basis of product application: wet scrubbers and dry scrubbers.
Application Insights:
The food and beverage application segment led the global market in 2017. The growth of this segment is attributed to the rising demand for packaged foods such as ready-to-eat meals, frozen meals, snacks and desserts. Rapid urbanization coupled with a growing population is expected to drive the demand for dryers in this sector over the forecast period.
Membrane air dryers are used extensively across several end-use industries including food & beverage and medical due to their ability to provide clean air without any odor or taste impurities which improves product quality further enhancing their acceptance among consumers. In addition, increasing awareness regarding hygiene along with an increase in spending capacity has resulted in increased adoption of these products by healthcare institutions across various regions globally which is anticipated drive growth over next few years.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 35% in 2017. The region is expected to continue its dominance over the forecast period as well owing to rapid industrialization and favorable government regulations for setting up industries in various countries such as China, India, Indonesia, Thailand and Vietnam.
The growing food & beverage sector across these developing economies is anticipated to drive the demand for industrial membrane air dryers. Furthermore, increasing foreign investments coupled with supportive measures taken by governments are likely to boost regional growth during the forecast period. For instance; In July 2018; Malaysia’s Ministry of Finance announced plans for allowing 100% Foreign Direct Investment (FDI) under automatic route in power generation equipment manufacturing which will fuel market growth over the next seven years.
Europe accounted for more than 20% of global revenue share in 2017 owing to high product penetration across end-use industries especially telecommunication.
Growth Factors:
- Increasing demand for air dryers in end-use industries such as automotive, food and beverage, and pharmaceuticals
- Growing awareness about the benefits of using air dryers in various industrial applications
- Technological advancements in membrane air dryer technology that improve performance and efficiency
- Rising demand for compressed air systems in manufacturing and processing industries
- Growing investments by companies to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Membrane Air Dryers Market Research Report
By Type
Porous Type Industrial Membrane Air Dryers, Non-Porous Type Industrial Membrane Air Dryers
By Application
Food & Beverage, Medical, Telecommunication, Others
By Companies
Atlas Copco Corporation, Compressed Air Parts Company(CAPCO), Donaldson Company, Inc, Gardner Denver, Inc., Graco Inc., Hankison, Industrial Air Power(IAP), Ingersoll-Rand, Mikropor Filters, Parker Hannifin Corporation, Atlas Copco Corporation, PUREGAS LLC, SMC Corporation, Sullair LLC, Walmec, Wilkerson Corporation
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Membrane Air Dryers Market Report Segments:
The global Industrial Membrane Air Dryers market is segmented on the basis of:
Types
Porous Type Industrial Membrane Air Dryers, Non-Porous Type Industrial Membrane Air Dryers
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
Food & Beverage, Medical, Telecommunication, Others
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 Corporation
- Compressed Air Parts Company(CAPCO)
- Donaldson Company, Inc
- Gardner Denver, Inc.
- Graco Inc.
- Hankison
- Industrial Air Power(IAP)
- Ingersoll-Rand
- Mikropor Filters
- Parker Hannifin Corporation
- Atlas Copco Corporation
- PUREGAS LLC
- SMC Corporation
- Sullair LLC
- Walmec
- Wilkerson Corporation
Highlights of The Industrial Membrane Air Dryers 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:
- Porous Type Industrial Membrane Air Dryers
- Non-Porous Type Industrial Membrane Air Dryers
- By Application:
- Food & Beverage
- Medical
- Telecommunication
- Others
- 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 Industrial Membrane Air Dryers 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial membrane air dryers are used in a variety of industries to remove moisture from air. They work by using an electric current to create a vacuum, which pulls the moisture out of the air.
Some of the key players operating in the industrial membrane air dryers market are Atlas Copco Corporation, Compressed Air Parts Company(CAPCO), Donaldson Company, Inc, Gardner Denver, Inc., Graco Inc., Hankison, Industrial Air Power(IAP), Ingersoll-Rand, Mikropor Filters, Parker Hannifin Corporation, Atlas Copco Corporation, PUREGAS LLC, SMC Corporation, Sullair LLC, Walmec, Wilkerson Corporation.
The industrial membrane air dryers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size & Forecast, 2018-2028
4.5.1 Industrial Membrane Air Dryers Market Size and Y-o-Y Growth
4.5.2 Industrial Membrane Air Dryers Market Absolute $ Opportunity
Chapter 5 Global Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Type
5.2.1 Porous Type Industrial Membrane Air Dryers
5.2.2 Non-Porous Type Industrial Membrane Air Dryers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Medical
6.2.3 Telecommunication
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Type
9.6.1 Porous Type Industrial Membrane Air Dryers
9.6.2 Non-Porous Type Industrial Membrane Air Dryers
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 Industrial Membrane Air Dryers Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Medical
9.10.3 Telecommunication
9.10.4 Others
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 Industrial Membrane Air Dryers Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Type
10.6.1 Porous Type Industrial Membrane Air Dryers
10.6.2 Non-Porous Type Industrial Membrane Air Dryers
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 Industrial Membrane Air Dryers Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Medical
10.10.3 Telecommunication
10.10.4 Others
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 Industrial Membrane Air Dryers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Type
11.6.1 Porous Type Industrial Membrane Air Dryers
11.6.2 Non-Porous Type Industrial Membrane Air Dryers
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 Industrial Membrane Air Dryers Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Medical
11.10.3 Telecommunication
11.10.4 Others
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 Industrial Membrane Air Dryers Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Membrane Air Dryers 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 Industrial Membrane Air Dryers Market Size Forecast by Type
12.6.1 Porous Type Industrial Membrane Air Dryers
12.6.2 Non-Porous Type Industrial Membrane Air Dryers
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 Industrial Membrane Air Dryers Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Medical
12.10.3 Telecommunication
12.10.4 Others
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) Industrial Membrane Air Dryers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Membrane Air Dryers 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) Industrial Membrane Air Dryers Market Size Forecast by Type
13.6.1 Porous Type Industrial Membrane Air Dryers
13.6.2 Non-Porous Type Industrial Membrane Air Dryers
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) Industrial Membrane Air Dryers Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Medical
13.10.3 Telecommunication
13.10.4 Others
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 Industrial Membrane Air Dryers Market: Competitive Dashboard
14.2 Global Industrial Membrane Air Dryers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco Corporation
14.3.2 Compressed Air Parts Company(CAPCO)
14.3.3 Donaldson Company, Inc
14.3.4 Gardner Denver, Inc.
14.3.5 Graco Inc.
14.3.6 Hankison
14.3.7 Industrial Air Power(IAP)
14.3.8 Ingersoll-Rand
14.3.9 Mikropor Filters
14.3.10 Parker Hannifin Corporation
14.3.11 Atlas Copco Corporation
14.3.12 PUREGAS LLC
14.3.13 SMC Corporation
14.3.14 Sullair LLC
14.3.15 Walmec
14.3.16 Wilkerson Corporation
