The air compressor filter and compressed air dryer market is estimated to grow from USD 5.4 billion in 2020 to USD 7.5 billion by 2025; it is expected to grow at a CAGR of 7.0% during the forecast period. The market growth is propelled by increasing need to reduce downtime and improve system efficiency, the growing use of compressed air dryers for protecting equipment against hazardous and corrosive environments, and surging demand for air compressor filters as they filter contaminants up to several microns
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The compressed air filters can provide class 0-5 of air quality depending upon the criticality of application. The class 0 of air the purest most contaminant free quality of air, such quality of air is mainly used in industries such as food & beverage, pharmaceuticals, and oil & gas.
Compressed air dryers to account for larger size of air compressor filter and compressed air dryer market by 2025
Compressed air dryers have high demand in various industry verticals for the drying of the compressed air stream, as well as setting proper dew point according to prescribed standards. In the automotive industry, compressed air dryers are used in spray painting, pneumatic components, laser purging, air spindles, air bearings, air guns, and pneumatic brakes.
Refrigeration dryers to hold largest size of compressed air dryer market by 2025
Refrigeration dryers are the most commonly used dryers in the manufacturing industry, having relatively low initial and operating costs. These dryers are extensively used in industries, where the temperature of compressed air needs to be regulated along with achieving the high dryness of the air.
North America to be largest market for air compressor filter and compressed air dryer market in 2025
North America held the largest size of the air compressor filter and compressed air dryer market in 2019. The US is a major contributor to the North American air compressor filter and compressed air dryer market. The presence of a large number of manufacturing facilities of automotive and food & beverages industries is expected to drive the air compressor filter and compressed air dryer market in North America.
Major players in the air compressor filter and compressed air dryer market include Atlas Copco (Sweden), Ingersoll-Rand (US), Parker-Hannifin (US), Mann+Hummel (Germany), Donaldson Company (US), SPX Flow (US), BOGE Kompressoren (Germany), Kaeser Kompressoren (Germany), Sullair (US), and Sullivan-Palatek (US).
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