Membrane Air Dryers Market: Recent Trends, Top Key Players & Regional Analysis by 2025
Global membrane air dryers market is anticipated to depict a CAGR of 4.2% through 2025, having recorded a valuation of USD 580 million in 2017. By 2025, the market is expected to hit a remuneration of USD 800 Mn.
Owing to the widespread product usage across the food & beverage, manufacturing, oil & gas, and chemical industries, the membrane air dryers market is fast emerging as one of the most profitable niche verticals in the global HVAC and construction industry. Membrane air dryers are not only enhancing the effectiveness of compressor systems across industrial units but are also assisting enterprises in minimizing the production loss of these systems. Remarkably, these air dryers are being preferred across general manufacturing sector given that they offer air-supply reliability, minimal loss of air, and reduce dew points, thereby boosting the membrane air dryers market share.
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.Unsurprisingly, the usage of membrane air dryers is expected to replace the traditional air dryers as technological advancement continues to garner pace. The manufacturers of membrane air dryers appear focused on designing and developing new air dryers that can provide ultra-dry and ultra-clean air when and where it is truly needed at a lower cost. The membrane air-drying technology is considered one of the safest when it comes to Class I, Class II or Class III hazardous sites across the manufacturing industries. Moreover, these products can be wall-mounted to free up floor space and are environmentally safe – factors that have added to the popularity of these air dryers.
Keeping these characteristics and challenges in mind, numerous membrane air dryer market players are creating products that would function for a longer duration and are cost-effective. For instance, WNA AMD-035 Membrane Dryer launched by Walmec North America has a four-stage pre-filtration which is crucial for the efficient functioning and longevity of the air dryers. It is also being said that the new product has a flexible input hose assembly which lowers the hazards of damage from vibrations in piped compressed air systems. Needless to mention, the launch of such highly innovative air dryers is bound to propel the commercialization scale of the membrane air dryers market, which is slated to surpass USD 800 million by 2025.
Speaking in the similar context, selecting the most cost-effective, safest, and space-saving membrane air dryers is critical for various business verticals who are involved in drying compressed air at point-of-use. Moreover, the demand for membrane air dryers which are designed for water-sensitive applications, providing instrument-quality air that need flow rates ranging up to 100 standard cubic feet per minute (SCFM).
As far as the geographical penetration of the membrane air dryers market is concerned, North America is expected to record an annual growth rate of about 4% By 2025. Escalating spending in the healthcare sector along with strict environment, safety, and health standards in order to lower occupational respiratory ailments has been pivotal in boosting the product demand across North American countrie
The appreciable efforts of major companies to introduce advanced solutions to the mainstream is one of the prominent factors to have accelerated the pace of membrane dryers industry share expansion. The major firms leading the competitive hierarchy of the global membrane dryers market include Walmec, Bellex International, Ingersoll-Rand, Hankison, Atlas Copco, Gardner Denver, Omega Air, Kaeser Kompressoren, Parker Hannifin Corporation, Graco Inc., and Donaldson Company.
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Some Point from Table of Contents:
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 dryers market revenue estimates and forecasts by end-use, (USD Million), 2014 - 2025
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