Membrane Air Dryer Trends and Forecast
The future of the global membrane air dryer market looks promising with opportunities in the food & beverage, medical, industrial, and telecommunication markets. The global membrane air dryer market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are rising need for clean and dry air in various critical industrial applications, escalating stringent regulations regarding air quality and safety, and growing demand for clean and dry compressed air.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Membrane Air Dryer by Segment
The study includes a forecast for the global membrane air dryer by product, application, and region.
Membrane Air Dryer Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Porous
• Non-Porous
Membrane Air Dryer Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Medical
• Industrial
• Telecommunication
• Others
Membrane Air Dryer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Membrane Air Dryer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies membrane air dryer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the membrane air dryer companies profiled in this report include-
• Atlas Copco
• Ingersoll Rand
• Industrial Air Power
• PARKER HANNIFIN
• Pentair
• Compressed Air Parts
• Donaldson
• Gardner Denver
• Graco
• Hankison
Membrane Air Dryer Market Insights
Lucintel forecasts that non-porous is expected to witness the higher growth over the forecast period due to its growing need in the food and beverage, pharmaceutical, electronics, and automotive industries for dry, clean compressed air.
Within this market, industrial will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to quick economic growth and a thriving electronics sector in the region.
Features of the Global Membrane Air Dryer Market
Market Size Estimates: Membrane air dryer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Membrane air dryer market size by product, application, and region in terms of value ($B).
Regional Analysis: Membrane air dryer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the membrane air dryer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the membrane air dryer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the membrane air dryer market size?
Answer: The global membrane air dryer market is expected to reach an estimated $1.4 billion by 2030.
Q2. What is the growth forecast for membrane air dryer market?
Answer: The global membrane air dryer market is expected to grow with a CAGR of 7.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the membrane air dryer market?
Answer: The major drivers for this market are rising need for clean and dry air in various critical industrial applications, escalating stringent regulations regarding air quality and safety, and growing demand for clean and dry compressed air.
Q4. What are the major segments for membrane air dryer market?
Answer: The future of the membrane air dryer market looks promising with opportunities in the food & beverage, medical, industrial, and telecommunication markets.
Q5. Who are the key membrane air dryer market companies?
Answer: Some of the key membrane air dryer companies are as follows:
• Atlas Copco
• Ingersoll Rand
• Industrial Air Power
• PARKER HANNIFIN
• Pentair
• Compressed Air Parts
• Donaldson
• Gardner Denver
• Graco
• Hankison
Q6. Which membrane air dryer market segment will be the largest in future?
Answer: Lucintel forecasts that non-porous is expected to witness the higher growth over the forecast period due to its growing need in the food and beverage, pharmaceutical, electronics, and automotive industries for dry, clean compressed air.
Q7. In membrane air dryer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to quick economic growth and a thriving electronics sector in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the membrane air dryer market by product (porous and non-porous), application (food & beverage, medical, industrial, telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Membrane Air Dryer Market, Membrane Air Dryer Market Size, Membrane Air Dryer Market Growth, Membrane Air Dryer Market Analysis, Membrane Air Dryer Market Report, Membrane Air Dryer Market Share, Membrane Air Dryer Market Trends, Membrane Air Dryer Market Forecast, Membrane Air Dryer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.