Semiconductors & Electronics Industry Compressed Air Treatment Equipment Market Trends | Page 2

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The global Compressed Air Treatment Equipment Market is divided into applications , products , and regions . The product segment includes dryers , filters , aftercoolers , and others . Different kinds of dryers include deliquescent dryers , desiccant air dryers , refrigerated dryers , and membrane dryers . Moisture separators , particulate filter / pre-filter , adsorber filter / oil vapor removal , coalescing filter / oil removal , high-temperature afterfilters , and filtered centrifugal separator are the various kinds of filters that are commonly used in the industry .
Dryers are expected to dominate the product segment during the forecast period . They are an essential part of any air compressor equipment since they effectively remove moisture & water droplets present in the system . The adsorber filters segment may also witness significant growth from 2016 to 2024 . Thi s owes to the ability of these filters to easily siphon any gases or chemicals present in the compressed air .
As per applications , the Compressed Air Treatment Equipment Market is segmented into process air , plant air , breathing air , and instrument air . The demand for process air is likely to remain strong throughout the forecast period . Its key end users are food & beverages and pharmaceutical industries that need dry , oil -free , and sterile air . Medical compressed air is applied extensively in the healthcare sector in areas , such as assisted respiration . Hence , demand from the breathing air application segment could propel the global Compressed Air Treatment Equipment Market in the near future .
Based on regions , the global industry was dominated by North America in 2013 . The presence of a large number of manufacturing facilities in the region ( especially the U . S .) can spur regional growth from 2016 to 2024 . Asia Pacific is poised to be the second largest market , on account of rapid industrialization and fo cus on energy efficiency .
Prominent players in the Compressed Air Treatment Equipment Market are Parker Hannifin Manufacturing Ltd .; Donaldson Company Inc .; Gardner Denver Inc .; Atlas Copco Corp .; Van Air Inc .; and Kaeser Compressors . The development of cost-effective & technically advanced compressed air treatment systems is a key determinant of market success for these companies .
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