Compressed Air Filter and Dryer Market Soaring to New Heights, Forecasted at $7.3 Billion by 2027


Posted September 5, 2023 by avinashgogawale14

It is estimated that the Compressed Air Filter and Dryer Market Size will grow at a 6.2% CAGR from USD 5.4 billion in 2022 to USD 7.3 billion in 2027.
 
According to predictions, the Compressed Air Filter and Dryer Market would rise significantly between 2022 and 2027, rising from USD 5.4 billion to USD 7.3 billion. This anticipated rise is the result of a strong Compound Annual Growth Rate (CAGR) of 6.2% throughout the anticipated time frame. By ensuring the delivery of clean, dry, and high-quality compressed air, a crucial component for several industrial processes, compressed air filter and dryer systems play a crucial role in a variety of industries. The demand for these filtering and drying solutions is predicted to fuel market expansion as companies continue to prioritise operational efficiency and quality, underlining their crucial position in industrial applications across the globe.

Several important aspects are responsible for the Compressed Air Filter and Dryer Market's impressive rise. First off, industries are increasingly adopting compressed air systems because of their critical role in increasing production and operational effectiveness. Second, a major factor in the market's rise is the food and beverage industry's explosive demand for compressed air solutions, which is essential for upholding quality and safety requirements. The demand for these systems to protect equipment is growing as a result of the expanding use of compressed air dryers, particularly in severe and corrosive environments, which is further boosting market expansion. These elements highlight the numerous and significant uses of compressed air filter and drier solutions across a range of industrial sectors.

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Atlas Copco (Sweden), Ingersoll Rand (US), Parker-Hannifin (US), Pentair (UK), and Donaldson Company (US) are the top five players in the Compressed Air Filter and Dryer Market. These companies offer compressed air filters and dryers and related solutions and have operations worldwide. They focus on product launches and acquisitions to expand their footprints through product innovation and extend their business reach.

Top 3 Players in Compressed Air Filter and Dryer Market:

Atlas Copco

Because of its wide range of products, Atlas Copco distinguishes itself as a significant participant in the global market for compressed air filters and dryers. The business is a top supplier of assembly systems, compressors, vacuum solutions, generators, pumps, and power tools, all of which are essential in industrial processes. Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique make up the four main business sectors of Atlas Copco. The company is able to meet a wide range of customer needs across industries thanks to these segments, which cover a diverse array of products and technology. Atlas Copco continues to be a major influence on the compressed air filter and dryer market thanks to its broad product line and global reach.

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With a wide selection of goods and services, Atlas Copco is a market leader in the Compressor Technique category for air filter and dryer solutions. Their line of air dryers includes membrane, desiccant, and chilled models to meet a variety of industrial needs for effective moisture removal from compressed air systems. In order to guarantee the delivery of clean, high-quality compressed air, the company also offers a variety of critical items in its air filter portfolio, including coalescing filters, high-pressure filters, carbon tower filters, and oil vapour filters. Atlas Copco's dedication to provide these essential filtering and drying solutions strengthens its position as an industry trusted partner, supplying businesses all over the world with cutting-edge and dependable equipment.

lngersoll Rand

Ingersoll Rand is a leader in offering top-tier solutions and services for pneumatic equipment, compressed air, and gas systems, servicing a varied variety of sectors worldwide. Industrial Technologies and Services, Specialty Vehicle Technologies, Precision and Science Technologies, and High-Pressure Solutions are the four separate business sectors into which the company's operations are divided. Ingersoll Rand and Gardner Denver merged in April 2019, joining forces in this crucial industry. This was a key step towards increasing Ingersoll Rand's foothold in the compressed air and gas market. Ingersoll Rand's position as a pioneer in providing cutting-edge solutions for compressed air and gas systems across numerous industries has been further cemented by this tactical move.

Compressed Air Filters and Dryers are provided by Ingersoll Rand, part of the Industrial Technologies and Services sector, which provides a wide choice of options. The F-series filters and coalescing filters, which are crucial for maintaining pure and high-quality compressed air in industrial applications, are part of their offering of compressed air filters. Desiccant dryers, refrigerated air dryers, and subfreezing dryers are all included in the compressed air dryer portfolio to meet a variety of moisture removal requirements for compressed air systems. Through a number of brands in its portfolio, such as ZEKS Compressed Air Solutions, LLC, Gardner Denver iConn, CompAir, and others, Ingersoll Rand broadens its market reach. These brands are all essential to the provision of cutting-edge compressed air dryers and filters to industries throughout the world.

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Parker-Hannifin

A leader in the field of compressed air purification systems is Parker-Hannifin. The company continues to work closely with regulatory organisations like the British Compressed Air Society (BCAS), International Organisation for Standardisation (ISO), European Association of Manufacturers of Compressors, Vacuum Pumps, Pneumatic Tools, and Air & Condensate Treatment Equipment (PNEUROP), as well as the Compressed Air and Gas Institute (CAGI) on developing international standards for compressed air and filter testing. With a business mix made up of the Diversified Industrial and Aerospace Systems segments, Parker-Hannifin is a well-known industry leader, advancing the area and establishing high standards for compressed air treatment.

With a broad range of options, Parker-Hannifin, a renowned supplier of compressed air filter and dryer equipment, operates within the Diversified Industrial divisions. They offer desiccant dryers, refrigerated dryers, membrane dryers, gas dryers and hybrid dryers as part of their portfolio of compressed air dryers to meet a variety of industrial demands for efficient moisture removal from compressed air systems. In order to guarantee the delivery of pure and high-quality compressed air, their compressed air filter range also comprises coalescing filters, activated carbon absorbers, particle filters, and high-pressure filters. Parker-Hannifin's dedication to offering these essential filtration and drying solutions highlights its status as an industry leader, supplying a variety of industrial industries with cutting-edge and durable goods.

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Last Updated September 5, 2023