With the emergence and long-term Impact of COVID-19, Global Membrane Air Dryers Market to reach USD XXX Million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Membrane Air Dryers Market points towards a potential rise to USD XXX Million by 2030. Membrane air dryers offer a range of benefits, playing a crucial role in enhancing the efficiency and longevity of air compressor systems. These advantages include lowering the dew point of air and eliminating contaminants that can have adverse effects on the air compressor. The membranes employed in these dryers facilitate the production of dry and clean air, contributing to more efficient system operation and mitigating issues such as rust and corrosion caused by contaminated or excessively moist air.
Geographically, the global Membrane Air Dryers market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America reigned supreme in the membrane air dryers’ market in 2023, propelled by surging demand from the telecommunications, medical, and food & beverage sectors. Stringent regulations governing food processing practices, particularly in North America, are expected to further fuel the regional market’s growth throughout the forecast period. For example, 3-A Sanitary Standards, developed in collaboration with the European Hygienic Engineering & Design Group and the U.S. Public Health Service, establish clear guidelines for filtering systems used in the production of dairy products and culinary steam.
The global Membrane Air Dryers market is highly competitive owing to the presence of several key players such as Atlas Copco AB Compressed Air Parts Company LLP Donaldson Company, Inc. Gardner Denver Graco Inc. Hankison Industrial Air Power Ingersoll Rand Pentain Corp Sullair Inc, and others.
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Key findings of the study suggest:
- Global Membrane Air Dryers Market is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030.
- In the Product segment, Porous emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the surging demand from the telecommunications, medical, and food & beverage sectors.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Product:
- Porous
- Non-Porous
By Application:
- Food & Beverage
- Medical
- Industrial
- Telecommunication
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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