Membrane Air Dryers Market: Current Business Trends & Growth Opportunities 2022-2025
North America membrane air dryers market projected to register a CAGR of 4% by 2025. North America has been touted to emerge as one of the most lucrative regional grounds for the expansion of membrane air dryers industry. Increasing consumer spending in the healthcare sector along with stringent health, safety and environment codes will boost the product demand in the region.
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Tropical regions like Singapore and Florida typically have uniform temperatures ranging from 28 °C to 32 °C, however, the regions’ humidity levels cross well above 85% throughout the year. Hence, homes and workplaces spanning these geographies mandate efficient air conditioner (AC) systems equipped with dehumidifiers like membrane air dryers for maintaining indoor air temperature and relative humidity for offering adequate living and working conditions.
The Membrane Air Dryers Market size is set to exceed USD 800 Mn by 2025. The product, compared to other dehumidification technologies, doesn’t require electricity and avoids cross-contamination issues. With its compact, lightweight design and absence of moving parts, the efficiency of an compressed air system is significantly improved in addition to the lower cost of maintenance. This has consequently led to a surge in product demand, amply impelling membrane air dryers industry share.
The global membrane air dryers market has been receiving commendable momentum lately, pertaining to the industrial and food & beverage sectors demanding clean, dry compressed air for operations. Typically, air compressors give out air containing small amounts of water vapor which can cause damage to critical components or processes. Therefore, industries mainly prefer dry compressed air as it avoids condensation or freezing in lines and meets the needs of many processes. Membrane air dryers, in this context, pose an ideal solution as they can deliver pressure at dew points ranging from -40°F to 50°F or higher.
Core verticals like the pharmaceutical, chemical, oil & gas, and general manufacturing sectors are often equipped with an environments characterized by hazardous fumes. This would quite overtly drive the demand for air dryers to protect operators, making the product an essential utility in the industrial sectors, thereby propelling the membrane air dryers market by 2025.
Speaking of the end-use scope of these components, it is pivotal to mention that membrane air dryers market is all set to register significant gains from the core industrial sectors. In pneumatic systems, compressors draw in ambient air containing some amount of water vapor which creates problems such as corrosion and bacteria growth, leading to sluggish controls or component breakdowns. Thus, membrane air dryers are needed to mitigate water issues to deliver plant/shop air, process air, instrument air and breathing air to industries.
The product is also used in several food packaging equipment and machines to provide nitrogen for food manufacturing segments. Additionally, the rising demand for meat products in the region will generate favorable opportunities for core players to invest in North America membrane air dryers industry.
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Data Tables
TABLE 1 Membrane Air Dryer industry 360° synopsis, 2014 – 2025
TABLE 2 Global membrane air dryers market (Thousand Units) (USD Million), 2014 - 2025
TABLE 3 Global membrane air dryer industry volume estimates and forecasts by application, (Thousand Units), 2014 - 2025
TABLE 4 Global membrane air dryer industry revenue estimates and forecasts by application, (USD Million), 2014 - 2025
TABLE 5 Global plant/shop air membrane air dryer industry volume estimates and forecasts by end-use, (Thousand Units), 2014 - 2025
TABLE 6 Global plant/shop air membrane air dryer industry revenue estimates and forecasts by end-use, (USD Million), 2014 - 2025
TABLE 7 Global instrument air membrane air dryer industry volume estimates and forecasts by end-use, (Thousand Units), 2014 - 2025
TABLE 8 Global instrument air membrane air dryers market revenue estimates and forecasts by end-use, (USD Million), 2014 - 2025
TABLE 9 Global process air membrane air dryer industry volume estimates and forecasts by end-use, (Thousand Units), 2014 - 2025
TABLE 10 Global process air membrane air dryer industry revenue estimates and forecasts by end-use, (USD Million), 2014 - 2025
TABLE 11 Global breathing air membrane air dryer industry volume estimates and forecasts by end-use, (Thousand Units), 2014 - 2025
TABLE 12 Global breathing air membrane air dryer industry revenue estimates and forecasts by end-use, (USD Million), 2014 - 2025
TABLE 13 Global membrane air dryer industry volume estimates and forecasts by end-use, (Thousand Units), 2014 - 2025
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