Membrane Air Dryers Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe global membrane air dryers market size is expected to
reach USD 662.7 million by 2020, according to a new study by Grand View
Research, Inc. Apart from regular air purity requirements, special applications
require high degree of air purification, particularly in the medical sector,
which is expected to drive the market. These products are increasingly being
used in the medical sector, particularly dentistry.
Membrane air dryers help save energy as they do not require electricity
to operate; they also improve manufacturing processes, reduce plant noise and
enhance the overall system reliability. The presence of water vapor or moisture
in compressed air or steam employed in food processing may lead to significant
problems, thereby driving the market. Further, the meat and dairy industry needs
to comply with several hygiene requirements in their food preparation areas.
Membrane air dryers prevent air compressors from corrosion or rust and provide
improved operational efficiency, which is also expected to favourably impact
market growth.
Further key findings from the study suggest:
- Porous dryers are expected to remain the leading product segment
over the next six years. Membrane air dryers combined with a coalescing
filter provide peak overall system performance along with optimal total
cost of ownership, which is expected to favourably impact market demand.
- Food and beverage applications are expected to witness high growth
over the forecast period. Food processing facilities are required operate
with a fundamental assumption that compressed air can be a source of
chemical and microbiological contamination, thereby making adoption of
membrane air dryers crucial. Membrane air dryers offer several benefits
over conventional or alternative drying techniques in terms of energy
efficiency, which is further expected to spur market demand over the
forecast period.
- North America is expected to emerge as the dominant region, which
may be attributed to growing demand in the telecommunication, medical and
food & beverage sector. Standards and regulations governing the food
processing sector, particularly in Europe and North America are expected
to favourably impact regional membrane air dryers market growth over the
forecast period.
- Leading market participants include Pentair, Atlas Copco, Gardner
Denver, Parker Hannifin, Sullair, etc. Increased investments in R&D
activities and new product development, along with emphasizing on
providing customized end-use solutions are among the critical success
factors for manufacturers.
Access full
research report on global membrane air dryers market:
www.grandviewresearch.com/industry-analysis/membrane-air-dryers-market
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Created on Apr 15th 2020 16:10. Viewed 148 times.