Membrane Air Dryers Market Size, Share, Trends, Analysis To 2032

Membrane Air Dryers Market

Membrane Air Dryers Market By Product Type (nonporous and porous.), By Application (electronics, industrial, medical, food & beverage, telecommunication, and others.) And By Region: - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2032-

Category: Heavy Industry Report Format : PDF Report Code: ZMR-2073 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 973.62 Million USD 1975.66 Million CAGR at 8.18% 2023

Description

Membrane Air Dryers Market Insights

The market for membrane air dryers was worth USD 973.62 million in 2023, and according to a report by Zion Market Research, it will be worth USD 1975.66 million by the end of 2032. The market is expected to grow with a CAGR of 8.18% during the forecast period.

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This study provides an analysis of the growth drivers, growth restrictions, and influence on demand that are associated with the Global Membrane Air Dryers Market over the time of forecasting. Additionally, it will assist in navigating and investigating the possibilities that are becoming available in the Membrane Air Dryers Market market.

Membrane Air Dryers Market: Overview

The membrane air dryers offer an efficient way to restrict contaminants from the compressed systems. Thus, membrane air dryers are used as an advanced filtration medium that works with existing compressed air systems. The membrane air dryers are reliable, economical, and can be used throughout as they do not require electricity. If the membrane air dryers are installed and maintained properly, then they have a long life span. Owing to these beneficial features, membrane air dryers are widely used in end-use industries such as medical, food & beverage, telecommunication, and industrial, among many others.

Membrane Air Dryers Market: Segmentation

The global market for membrane air dryers is fragmented into product type and application.

Based on the product type, the market is segregated into nonporous and porous. The porous segment is the leading segment in the product type.

Based on the application, the global market is categorized into electronics, industrial, medical, food & beverage, telecommunication, and others.

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Membrane Air Dryers Market: Growth Factors

There are various advantages to membrane air dryers, which include having no moving parts, being lightweight in nature, being compact in size, utilizing less space, and having no heat discharge or vibration. Other prominent features include improvements in the manufacturing process, no requirement of electricity, thus being energy-saving, minimizing noise, and a complete enhancement in system reliability. Due to all these factors, the demand for membrane air dryers has increased in different end-user industries, such as the medical sector, thus triggering the growth of the market. Another important factor that contributes to market growth is the increased hygiene in the food and beverage sector, especially in the dairy and meat industries. The factor that will limit the growth of the market is the unnecessary excess water in compressed air, resulting in equipment corrosion, which further leads to functioning issues.

Membrane Air Dryers Market: Regional Analysis

On the basis of regional segmentation, the global membrane air dryer market includes regions such as North America, Western Europe, Asia Pacific, the Middle East and Africa, Latin America, and Eastern Europe. The region that is developing at a rapid rate in the membrane air dryer market is North America. The European region comes after North America. The government's implementation of rules and regulations, along with the industry's efforts to standardize, are factors that are fostering market expansion in these areas. In the coming years, the market will grow at a significant rate in Asia Pacific region.

Membrane Air Dryers Market: Report Scope

Report Attributes Report Details
Report Name Membrane Air Dryers Market Research Report
Market Size in 2023 USD 973.62 Million
Market Forecast in 2032 USD 1975.66 Million
Growth Rate CAGR of 8.18%
Number of Pages 201
Key Companies Covered Sullair, Pentair, Atlas Copco Corp., Donaldson Company Inc., Parker, Gardner Denver, Inc., and others.
Segments Covered By Product Type, By Application, and By Region
Regions Covered Latin America, North America, Asia Pacific, Europe, The Middle East, And Africa
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Customized purchase options are available to meet your exact research needs. Request For Customization

Membrane Air Dryers Market: Competitive Players

The key market players that are involved in the membrane air dryers market include

  • Sullair
  • Pentair
  • Atlas Copco Corp.
  • Donaldson Company, Inc.
  • Parker
  • Gardner Denver, Inc.
  • others.

The Global Telecom Service Assurance Market is segmented as follows:

By Product Type

  • nonporous
  • porous.

By Application

  • electronics
  • industrial
  • medical
  • food & beverage
  • telecommunication
  • others.

Membrane Air Dryers Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provide

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonies to companies in order to fortify their foothold in the market.

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