Membrane Air Dryers Market size worth over $800 mn by 2025

Membrane Air Dryers Market size will surpass USD 800 million by 2025; according to a new research report by Global Market Insights Inc.
 

Increasing industrial development activities in emerging economies owing to strong legislative decisions taken to attract FDI is one of the prominent factors influencing the global membrane air dryer market growth in positive manner. Growing demand of consumer goods and home appliances due to rising disposable income of the population has given boost to general manufacturing sector in Latin America & Asia Pacific. In Brazil the FDI inflow reached USD 62.7 billion between 2016 and 2017 according to UNCTAD (United Nations Conference on Trade and Development), and accounted for around 40% of the total FDI inflow in Latin America. These trends are expected to follow due to easy availability of skilled labor and favorable regulations in the emerging countries, which will increase investments in end-use industries such as chemical, oil & gas, general manufacturing, food & beverage, etc.
 

Various advantages of membrane air dryers such as compact design, light weight and no moving parts makes it suitable to be used in precision machining, laboratory, analytical equipment. These are also used to provide dehumidified air in plants as well as for medical purposes. Increasing investment in R&D activities by different end-user industries to optimize their operations will catapult the product demand as these are used in various industrial instruments.
 

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Browse key industry insights spread across 270 pages with 396 market data tables & 22 figures & charts from the report, “Membrane Air Dryers Market Size By Application Plant/shop Air, Instrument Air, Process Air, Breathing Air), By End-use (Chemical, Oil & Gas, Medical, Food & Beverage, Electronics, General Manufacturing), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/membrane-air-dryers-market
 

On the basis of application, the market is segmented into plant/shop air, instrument air, process air, breathing air. Among these breathing air accounts about a quarter of global market share. There are many industries where ambient air is hazardous for breathing purposes such as in chemical, pharmaceutical, oil & gas, and general manufacturing. Compressed air passed through membrane air dryers is used for protection of operatives from such hazardous air.
 

Based on end-use, membrane air dryers market is categorized into chemical, oil & gas, medical, food & beverage, electronics, general manufacturing, etc. Among these, oil & gas sector accounts about a tenth of the global product market. Membrane air dryers require no electricity hence can be easily used in remote offshore oil rigs and in oil well logging equipment.

On the basis of region, North America will witness a CAGR of around 4% over the forecast timeframe. Increasing spending in healthcare sector along with stringent health, safety and environment standards in order to reduce occupational respiratory diseases will boost the product demand in the region. The membrane air dryers are also used in various food packaging machines and equipment to provide nitrogen for food applications. The rising demand for convenience food in the region will also create favorable conditions for the product market over coming years.
 

The key players in the market are Donaldson Company, Graco Inc., Parker Hannifin Corporation, Kaeser Kompressoren, Omega Air, Gardner Denver, Atlas Copco, Hankison, Ingersoll-Rand, Bellex International, Walmec, etc.
 

Membrane air dryers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2014 to 2025, for the following segments:

Membrane Air Dryers Market by Application

• Plant/shop Air
  • Chemical
  • Oil & gas
  • Medical
  • Food & Beverage
  • Electronics
  • General Manufacturing
  • Others
• Instrument Air
  • Chemical
  • Oil & gas
  • Medical
  • Food & Beverage
  • Electronics
  • General Manufacturing
  • Others
• Process Air
  • Chemical
  • Oil & gas
  • Medical
  • Food & Beverage
  • Electronics
  • General Manufacturing
  • Others
• Breathing Air
  • Chemical
  • Oil & gas
  • Medical
  • Food & Beverage
  • Electronics
  • General Manufacturing
  • Others

Membrane Air Dryer Market by End-use

• Chemical
• Oil & gas
• Medical
• Food & Beverage
• Electronics
• General Manufacturing
• Others

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
• Latin America (LATAM)
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait