Membrane Air Dryers Market To Reach USD 662.7 Million by 2020 Membrane Air Dryers Market | Page 2

Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/membrane-air-dryers- market 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 favorably 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 favorably impact regional 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. Read our blog electronics and semiconductor industry - http://www.grandviewresearch.com/blogs/semiconductors-and-electronics Table of content of global Membrane Air Dryers Market research report: Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Follow Us: