Global Membrane Air Dryers Market Size, Share, and COVID-19 Impact Analysis, By Product (Porous, and Non-Porous), By Application (Food & Beverage, Medical, Industrial, Telecommunication, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Semiconductors & Electronics

RELEASE DATE Dec 2024
REPORT ID SI7674
PAGES 230
REPORT FORMAT PathSoft

Global Membrane Air Dryers Market Insights Forecasts to 2033

  • The Global Membrane Air Dryers Market Size was Valued at USD 954.8 Million in 2023
  • The Market Size is Growing at a CAGR of 7.83% from 2023 to 2033
  • The Worldwide Membrane Air Dryers Market Size is Expected to Reach USD 2028.8 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Membrane Air Dryers Market

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The Global Membrane Air Dryers Market Size is anticipated to exceed USD 2028.8 Million by 2033, growing at a CAGR of 7.83% from 2023 to 2033. The market for membrane air dryers is trending toward modular and smaller designs. High-performing dryers with reduced space requirements are becoming more and more popular as companies search for adaptable and space-saving solutions.  

 

Market Overview

Membrane air dryers are cylinder-shaped structures that contain hundreds of small, hollow polymer fibers with an inner coating. The dehumidification process involves the selective penetration of gas components in the air. A novel and effective method of removing different pollutants from compressed air systems is offered by these filtering systems. The air dryers provide several advantages, including decreasing the air's dew point and eliminating impurities that could harm the air compressor. By decreasing rust and corrosion brought on by contaminated or highly moist air, these membrane air dryers let the system function more effectively and last longer. Strong demand in several application areas as well as the expanding demand for dry, clean air in the food and beverage, medical, and telecommunications sectors are anticipated to be the main factors driving the growth in the membrane air dryers market. The need for membrane air dryers is predicted to be driven by their growing use in a variety of industries, particularly by those involved in the dairy and meat processing industries.

     

Report Coverage

This research report categorizes the membrane air dryers market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the membrane air dryers market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the membrane air dryers market.

 

Global Membrane Air Dryers Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 954.8 Million
Forecast Period:2023 – 2033
Forecast Period CAGR 2023 – 2033 :7.83%
023 – 2033 Value Projection:USD 2028.8 Million
Historical Data for:2019-2022
No. of Pages:230
Tables, Charts & Figures:104
Segments covered:By Product, By Application, By Region and COVID-19 Impact Analysis.
Companies covered::Ingersoll Rand, MIKROPOR MAKINA SAN.TIC.A.S., Rainer Lammertz, Industrial Air Power, PARKER HANNIFIN CORP, Hankison, Compressed Air Parts Company, Graco Inc., Donaldson Company, Inc., Gardner Denver, Pentair, Sullair, LLC, Atlas Copco AB, and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

Advanced compressed air systems are becoming increasingly popular in sectors including food processing, automotive, and pharmaceuticals as a result of the rapid industrialization occurring in emerging economies. The growing use of membrane air dryers in pneumatic brakes for trains and automobiles is driving the growth in the membrane air dryers market. Increased use of these air dryers in a variety of industries, including automotive, communications, industrial, and medical, is anticipated to drive the membrane air dryers market.   

 

Restraining Factors

The membrane air dryers market is being restricted by the growing availability of less expensive substitutes such as chemical air dryers, desiccant air dryers, refrigerated air dryers, and compressed air filters.  

 

Market Segmentation

The membrane air dryers market share is classified into product and application.  

  • The porous segment is estimated to hold the largest market revenue share through the projected period.  

Based on the product, the membrane air dryers market is classified into porous, and non-porous. Among these, the porous segment is estimated to hold the largest market revenue share through the projected period. Porous segments of membrane air dryers have several advantages over conventional air-drying techniques, including low energy consumption, small size, and low maintenance needs.

 

  • The industrial segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the membrane air dryers market is divided into food & beverage, medical, industrial, telecommunication, and others. Among these, the industrial segment is anticipated to hold the largest market share through the forecast period. The need for membrane air dryers is being driven in large part by the expanding trend of industrial automation. The growing usage of automated systems and machinery in industries has made the demand for dependable, contaminant-free compressed air essential.

 

Regional Segment Analysis of the Membrane Air Dryers Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the membrane air dryers market over the predicted timeframe.

Global Membrane Air Dryers Market

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North America is anticipated to hold the largest share of the membrane air dryers market over the predicted timeframe. The regional membrane air dryers market demand is positively impacted by standards and regulations in the food processing industry, especially in North America, throughout the projected period. For instance, 3-A Sanitary Standards collaborated with the Hygienic Engineering & Design Group and the U.S. Public Health Service to define filtration systems for compressed air that comes into contact with dairy products and cooking steam.      

 

Asia Pacific is expected to grow at the fastest CAGR growth of the membrane air dryers market during the forecast period. The Asia Pacific region's thriving electronics sector propels market expansion. To guarantee the quality and dependability of telecommunication operations, dry, contaminant-free compressed air is needed for the manufacturing of printed circuit boards, semiconductors, and electronic devices.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the membrane air dryers market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Ingersoll Rand
  • MIKROPOR MAKINA SAN.TIC.A.S.
  • Rainer Lammertz
  • Industrial Air Power
  • PARKER HANNIFIN CORP
  • Hankison
  • Compressed Air Parts Company
  • Graco Inc.
  • Donaldson Company, Inc.
  • Gardner Denver
  • Pentair
  • Sullair, LLC
  • Atlas Copco AB
  • Others  

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • In August 2022, the acquisition of Hydro Air Research Italia was announced by GMM Pfaudler. Hydro Air Research Italia has created water-recycling facilities that use dischargeable or reusable water to comply with stringent environmental standards. Through the acquisition, GMM Pfaudler's worldwide sales and service organizations are made available to Hydro Air Research Italia. GMM Pfaudler would simultaneously gain from improved process and wastewater engineering skills, increasing the range of membrane separation solutions it offers. 

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the membrane air dryers market based on the below-mentioned segments: 

 

Global Membrane Air Dryers Market, By Product

  • Porous
  • Non-Porous

 

Global Membrane Air Dryers Market, By Application

  • Food & Beverage
  • Medical
  • Industrial
  • Telecommunication
  • Others

 

Global Membrane Air Dryers Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the membrane air dryers market over the forecast period?
    The membrane air dryers market is projected to expand at a CAGR of 7.83% during the forecast period
  • 2. What is the market size of the membrane air dryers market?
    The Global Membrane Air Dryers Market Size is Expected to Grow from USD 954.8 Million in 2023 to USD 2028.8 Million by 2033, at a CAGR of 7.83% during the forecast period 2023-2033.
  • 3. Which region holds the largest share of the membrane air dryers market?
    North America is anticipated to hold the largest share of the membrane air dryers market over the predicted timeframe.

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