April 21, 2022 06:18 ET | Source: Research and Markets Research and Markets
Dublin, April 21, 2022 (GLOBE NEWSWIRE) -- The "Global Air Compressor filter and Air Dryer Market (2021-2026) by Industry, Filter Type, Application, Dryer Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Air Compressor Filter and Air Dryer Market is estimated to be USD 5.54 Bn in 2021 and is expected to reach USD 7.98 Bn by 2026, growing at a CAGR of 7.58%. Market Dynamics
Rapid urbanization and industrialization are driving the growth of manufacturing industries in countries like China and India, which is expected to create demand for air compressor filters and compressed air dryers in the Asia Pacific region. Other factors attributing to the growth of the market are improved system efficiency and reduced downtime, growing demand for the food and beverage industry, and growing use to protect equipment against hazardous and corrosive environments. However, factors like the high cost of maintenance, lack of skilled professionals and risks associated with system explosion, and limited awareness about the appropriate use and application of compressed air filters and dryers may hinder the growth of the market.
Some of the companies covered in this report are Altec Air, Atlas Copco, Donaldson Company, ELGI Equipments LTD, Kaeser Kompressoren, Parker-Hannifin, Sullair, Van Air Systems, Precision Filtration Systems, Omega Air, Mikropor, etc. Competitive Quadrant
The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Why buy this report?
Key Topics Covered: 1 Report Description 2 Research Methodology
4 Market Influencers 4.1 Drivers 4.1.1 Increasing Need to Reduce in Downtime and Improve System Efficiency. 4.1.2 Growing Use of Compressed Air Dryers for Protecting Equipment Against Hazardous and Corrosive Elements 4.1.3 Surging Demand for Compressed Air Filters 4.2 Restraints 4.2.1 Lack of Skilled Professionals 4.2.2 High Cost of Maintenance 4.3 Opportunities 4.3.1 Increasing Use in Pharmaceutical Packaging 4.3.2 Rise in Demand Due to Growing Industrialization in Emerging Economies. 4.4 Challenges 4.4.1 The reluctance of SMEs to Shift from Conventional Air Compression 5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis
6 Global Air Compressor Filter and Air Dryer Market, By Industry 6.1 Introduction 6.2 Automotive 6.3 Electricals 6.4 Chemicals 6.5 Electronics 6.6 Food & Beverages 6.7 Metal & Machinery 6.8 Oil & Gas 6.9 Pharmaceuticals 6.10 Power Generation 7 Global Air Compressor Filter and Air Dryer Market, By Filter Type 7.1 Introduction 7.2 Activated Carbon Filter 7.3 Coalescing Filters 7.4 Compressed Intake Filters 7.5 Particulate Filters
8 Global Air Compressor Filter and Air Dryer Market, By Application 8.1 Introduction 8.2 Condensed Water Removal 8.3 Mist Removal 8.4 Oil Removal 8.5 Particulate Removal 9 Global Air Compressor Filter and Air Dryer Market, By Dryer Type 9.1 Introduction 9.2 Delinquent Dryers 9.3 Desiccant/Adsorption Dryers 9.4 Membrane Dryers 9.5 Refrigeration Dryers 10 Global Air Compressor Filter and Air Dryer Market, By Geography 10.1 Introduction 10.2 North America 10.2.1 US 10.2.2 Canada 10.2.3 Mexico 10.3 South America 10.3.1 Brazil 10.3.2 Argentina 10.3.3 Chile 10.3.4 Colombia 10.4 Europe 10.4.1 UK 10.4.2 France 10.4.3 Germany 10.4.4 Italy 10.4.5 Spain 10.4.6 Netherlands 10.4.7 Sweden 10.4.8 Russia 10.4.9 Rest of Europe 10.5 Asia-Pacific 10.5.1 China 10.5.2 Japan 10.5.3 India 10.5.4 Indonesia 10.5.5 Malaysia 10.5.6 South Korea 10.5.7 Australia 10.5.8 Sri Lanka 10.5.9 Thailand 10.5.10 Rest of APAC 10.6 Middle-East and Africa 10.6.1 Qatar 10.6.2 Saudi Arabia 10.6.3 South Africa 10.6.4 United Arab Emirates 11 Competitive Landscape 11.1 IGR Competitive Quadrant 11.2 Market Share Analysis 11.3 Strategic Initiatives 11.3.1 M&A and Investments 11.3.2 Partnerships and Collaborations 11.3.3 Product Developments and Improvements 12 Company Profiles 12.1 Altec Air 12.2 Atlas Copco 12.3 BOGE Kompressoren 12.4 Donaldson Company 12.5 ELGI Equipments LTD 12.6 Ingersoll-Rand 12.7 Kaeser Kompressoren 12.8 Mann+Hummel 12.9 Parker-Hannifin 12.10 SPX Flow 12.11 Sullair 12.12 Sullivan-Palatek 12.13 Van Air Systems 12.14 Walker Filtration 12.15 Zeks Compressed Air Solutions 12.16 Precision Filtration Systems 12.17 Omega Air 12.18 Mikropor 12.19 Beko Technologies 13 Appendix For more information about this report visit https://www.researchandmarkets.com/r/j1es7y