Membrane Air Dryers Market Set to Reach US$ 1,200 Million by 2032 with a 6.5% CAGR: Innovations Driving Efficient Air Drying Solutions
By the end of 2032, the global membrane air dryers market is estimated to cross US$ 1 billion. Membrane air dryer sales are estimated to approach $730 million by 2022, rising at a 6.5% CAGR between 2022 and 2032.
Membrane air dryers are a type of air drying equipment that use a semi-permeable membrane to remove water vapour and other impurities from compressed air. In sectors including automotive, food and beverage, pharmaceuticals, and electronics where moisture can lead to equipment or products failing, these dryers are frequently used.
Due to factors like increasing compressed air demand in numerous industrial applications, the need for energy-efficient and affordable drying solutions, and the growing trend towards automation in manufacturing processes, the membrane air dryer market is predicted to expand significantly in the upcoming years.
Membrane air dryers have the capacity to remove moisture without the use of chemicals or refrigerants, making them ecologically safe and simple to maintain. Furthermore, these dryers are compact, lightweight, and capable of operating at high pressures, making them suited for a wide range of applications.
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The market for membrane air dryers is segmented by type, application, and geography. The types of membrane air dryers include hollow fiber, spiral wound, and others. The applications of membrane air dryers include food and beverage processing, pharmaceutical manufacturing, automotive production, electronics, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
The Asia-Pacific region is expected to dominate the market for membrane air dryers in the coming years, driven by the rapid industrialization and growing demand for compressed air in countries such as China, India, and Japan. However, North America and Europe are also expected to witness significant growth, driven by the increasing demand for energy-efficient and environmentally friendly drying solutions.
Membrane air dryers Market , refers to a dehumidification membrane which provides exclusive and efficient way to cut various contaminants from compressed air system. Owing to this, membrane air dryers are considered as an advanced system of filtration media which is intended to work with existing compressed air system. These membrane air dryers requires no electricity as well as are reliable and reasonable to use.
It can be operated continuously (24 hours per day and seven days per week). With proper maintenance and installation, it will be lasting for long years. Increasing demand from various end use industries such as food & beverage, medical, industrial, telecommunication, among many others, the demand for membrane air dryers is rapidly growing. Membrane air dryer's technology is anticipated to evolve in the future, as membrane air dryer provides ultra clean and dry air, also it is projected to replace refrigerated air dryers.
Membrane Air Dryers Market: Drivers & Restraints
Membrane air dryers offer several advantages includes no moving parts, lightweight, compact, space saving along with no vibration or heat discharge. Further feature includes improving manufacturing process, energy-saving as they do not need electricity to use, helps in reducing noise and overall enhancing the system reliability.
Owing to this, demand from various end-use industries is increasing especially in medical sector (dental) which is driving the growth in global membrane air dryer market. Additionally, hygiene consideration in food & beverages particularly in meat and dairy industry is another major reason fuelling the demand in membrane air dryer market. However, excessive water in compressed air (either in liquid or vapour phase), corrosion in piping and equipment can cause a variety of working problems and issue in the growth of the global membrane air dryer market.
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Membrane Air Dryers Market: Region-wise Outlook
The global membrane air dryers market is geographically segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America is the fastest growing market and holds the major market share in the global membrane air dryers market.
In North America and Europe, certain government rules and regulation along with standardization in food & beverages industry, is expected to drive the growth in the membrane air dryers market.The region is expected to grow at a double digit CAGR during 2015 to 2025.
Membrane Air Dryers Market: Key Players
Some of the key market participants in the global membrane air dryers includes Donaldson Company Inc., Sullair, Parker, Pentair, Gardner Denver, Inc., and Atlas Copco Corp, among many others.
Key Segments Profiled in the Membrane Air Dryers Industry Survey
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By Application:
By Region:
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