Compressed Air Filter and Dryer Market Size and Forecast to 2028


Posted July 18, 2023 by karthik0459

The Global Compressed Air Filter and Dryer Market size was US$ 5.4 billion in 2022 and is anticipated to succeed in the valuation of US$ 7.3 billion in 2028

 
Market overview:

The Compressed Air Filter and Dryer Market was valued at $5.4 billion in 2022 and is estimated to reach $7.3 billion by 2026, with a CAGR of 6.2% from 2023 to 2028.

A compressor is a mechanical tool that transforms mechanical energy into fluid energy. The compressor causes a reduction in compressed air while raising air temperature. Based on the intended operating pressure and displacement, the compressor is chosen. The main purpose of compressed air filters is to shield equipment from harm caused by impurities in the air that need to be filtered. Inlet filters come in two varieties: dry filters and moist filters. These filters also meet the filtering requirements of the compressor. Before entering the wet filter, incoming air goes through an oil bath and a fine wire mesh filter. Second, cartridges are switched even when mending a dry filter. So, while using detergent to wash down moist filters,

Market Drivers and Restraints:

If the air is not filtered, contaminants like water, oil, and dirt will gather in the cracks and gaps in the compressed air-using pipes and fittings, contaminating the compressed air flow. The pipes start to corrode as a result of the residue of pollutants that have built up in the cracks, which causes major malfunction and complete shutdown of the compressed air appliance. Compressed air filters shield these impurities from airflow, ensure optimum operation, and increase the equipment's lifespan, all of which lower maintenance costs. The system will be more productive the lower the moisture content. Corrosion brought on by an accumulation of water or water vapor in equipment can clog valves, fittings, and equipment control lines, leading to system failures.

A compressed air drier is therefore necessary to stop water from entering the compressed air flow. Microorganisms like bacteria, viruses, and fungus can enter the compressed air stream when it comes into contact with moisture. Even though microorganisms enjoy the sterile, dry, compressed air, their presence can have a substantial influence on the system's quality and functionality. To stop these microbes from entering the air stream, compressed air dryers are utilized.

To know more, read:

https://www.marketdataforecast.com/market-reports/compressed-air-filter-and-dryer-market

The report is segmented as follows:

The Compressed Air Filter and Dryer Market is segmented by Product; the Market is segmented by Industry; the Market is segmented by Industry:

By Product (Air Dryer and Air Filter)

By Industry (Automotive, Oil & Gas, Chemicals, Power Generation and Others)

Regional Segmentation:

The market for compressed air filters and dryers was dominated by North America in 2021. The North American market for compressed air filters and dryers receives the majority of its revenue from the United States. The abundance of factories producing automobiles and food and drink is anticipated to propel the compressed air filter and dryer market in North America. One of the key factors influencing market expansion in the area is the oil and gas sector. The need for compressed air filters and dryers in the United States has greatly expanded as a result of strict rules governing ambient air purity standards. It is one of the biggest auto marketplaces in the globe, and its automotive sector is one of the fastest-growing in the entire world. Also, the domestic compressed air filter and dryer market is growing since electric vehicles require more compressed air filters than conventional automobiles.

Impact of COVID-19 pandemic on the market:

The COVID-19 pandemic had a negative impact on several of the key manufacturing and processing sectors, including the automotive, oil & gas, chemicals, pharmaceuticals, and electricity industries since activities had to be suspended for months. As a result, supply chains in the industrial sector were disrupted because it took some time for businesses to get back to work after the COVID-19-related limitations were lifted. The market for compressed air filters and dryers suffered as a result in 202012

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Issued By karthik
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Categories Business , Marketing
Tags compressed air filter and dryer market , compressed air filter and dryer market size , compressed air filter and dryer market growth , compressed air filter and dryer market trends
Last Updated July 18, 2023