The compressed air treatment equipment market is further driven by the surging demand for packaged foods and the increasing automation in the food & beverage sector. This is mainly because of the increased dependency on clean and food standard compressed air products for a range of activities such as dehydration, cleaning bottles, spray coating, and vacuum generation. The food & beverage segment is estimated to witness a commendable CAGR of more than 5.5 per cent through 2027.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/124
This escalation is primarily attributed to the increasing dependency on industrial automation, which requires compressed air treatment units for carrying out hazard-free operations in sewage treatment, power plants, general manufacturing plants, chemical factories, as well as automotive manufacturing and assembling plants. The instrument air segment in the compressed air treatment equipment industry is expected to register appreciable gains through the projected span.
Furthermore, an upsurge in the industrial development across emerging countries comprising India and China is expected to propel the growth of the compressed air treatment equipment market over the forthcoming years. Additionally, an incessant requirement of moisture-free and clean compressed air for ensuring the prolonged life of expensive machinery will boost the adoption of compressed air treatment units across these countries.
One of the latest developments in the global compressed air treatment equipment industry comprises the takeover of Kawalek Kompressoren, a German distributor, by one of the major industry participants, Atlas Copco. Situated in Berlin, Kawalek Kompressoren is a privately owned company with a stable position on the market in the surrounding region.
The North America compressed air treatment equipment market is likely to exhibit promising growth owing to the general manufacturing industries and maturing automotive sector in the country. The pharmaceutical, chemical and healthcare industries are also anticipated to drive product demand. Given to continuous developments and innovations in the medicine sector, along with increasing awareness about new drugs, the need for compressed air treatment equipment could incite across the region’s healthcare sector.
According to Vagner Rego, Atlas Copco’s President of Business Area, Compressor Technique, Kawalek Kompressoren enjoys a long history of successful distributorship and has a robust clientele base that includes numerous medium and small-sized enterprises. This acquisition will help Altas Copco in staying closer to its clients, in turn supporting the company in the expansion of its market presence in Berlin and the neighboring area.
Speaking of which, the major players in the compressed air treatment equipment market include Emerson Climate Technologies, Parker Hannifin, Ingersoll Rand, Donaldson Mann+Hummel, Kaeser, Gardner Denver, and others. These manufacturers are focusing on various collaborative strategies such as joint ventures, acquisitions, and mergers for the enhancement of their product portfolio and geographical footprint.
Get This Report Customized To Your Requirements@ https://www.decresearch.com/roc/124
Some Point from Table of Contents:
Chapter 5 Compressed Air Treatment Equipment Market, By Application
5.1 Global compressed air treatment equipment market, by application insights
5.2 Plant air/shop air
5.2.1 Market estimates and forecast, 2017 – 2027, (Thousand Units) (USD Million)
5.2.2 Market estimates & forecast, by region, 2017 – 2027 (Thousand Units) (USD Million)
5.3 Instrument air
5.3.1 Market estimates and forecast, 2017 – 2027, (Thousand Units) (USD Million)
5.3.2 Market estimates & forecast, by region, 2017 – 2027 (Thousand Units) (USD Million)
5.4 Process air
5.4.1 Market estimates and forecast, 2017 – 2027, (Thousand Units) (USD Million)
5.4.2 Market estimates & forecast, by region, 2017 – 2027 (Thousand Units) (USD Million)
5.5 Breathing air
5.5.1 Market estimates and forecast, 2017 – 2027, (Thousand Units) (USD Million)
5.5.2 Market estimates & forecast, by region, 2017 – 2027 (Thousand Units) (USD Million)
Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/compressed-air-treatment-equipment-market
© 2024 groundalerts.com. All Rights Reserved.