Compressed air is a versatile gas that is used in a wide variety of industrial and commercial applications. It is used to power pneumatic tools, operate machinery, and provide clean air for breathing. However, compressed air can also be contaminated with moisture, oil, and other particles. This contamination can damage equipment, reduce efficiency, and even pose a health hazard.

Compressed air treatment equipment is used to remove contaminants from compressed air. This equipment includes filters, dryers, and aftercoolers. Filters remove particles from the air, dryers remove moisture, and aftercoolers cool the air.

The global compressed air treatment equipment market is expected to grow at a CAGR of 16.14% from 2023 to 2028. The growth of the market is being driven by the increasing demand for clean and dry compressed air in a variety of industries.

According to Stratview Research, the compressed air treatment equipment market is estimated to grow from USD 9.82 billion in 2022 to 24.24 billion by 2028 at a CAGR of 16.14% during the forecast period.

Market Drivers

  • Growing demand for clean and dry compressed air: The demand for clean and dry compressed air is increasing in a variety of industries, including manufacturing, healthcare, and food & beverage. This is due to the fact that clean and dry compressed air is essential for the proper functioning of equipment and the safety of workers.
  • Increased focus on energy efficiency: There is a growing focus on energy efficiency in the industrial sector. This is leading to the adoption of compressed air treatment equipment that can help to reduce energy consumption.
  • Stringent regulations: Governments around the world are imposing stringent regulations on the quality of compressed air. This is driving the demand for compressed air treatment equipment that can meet these regulations.

Market Challenges

  • High initial cost: The initial cost of compressed air treatment equipment can be high. This can be a barrier to entry for some businesses.
  • Complexity of installation: Compressed air treatment equipment can be complex to install and maintain. This can be a challenge for businesses that do not have the necessary expertise.
  • Lack of awareness: There is a lack of awareness about the benefits of compressed air treatment equipment in some industries. This can be a challenge for market growth.

Market Segmentation

The global compressed air treatment equipment market is segmented by product type, application, end-user, and region.

By product type: The market is segmented into filters, dryers, aftercoolers, and others. Filters are the most widely used product type in the market. This is due to the fact that they are relatively inexpensive and easy to install. Dryers are the second most widely used product type. This is due to the fact that they are essential for removing moisture from compressed air.

By application: The market is segmented into plant air/shop air, instrument air, process air, and breathing air. Plant air/shop air is the largest application segment. This is due to the fact that it is used in a wide variety of industrial applications. Instrument air is the second largest application segment. This is due to the fact that it is used in a variety of sensitive applications, such as medical and pharmaceutical.

By end-user: The market is segmented into manufacturing, healthcare, food & beverage, energy, and others. Manufacturing is the largest end-user segment. This is due to the fact that compressed air is used in a wide variety of manufacturing processes. Healthcare is the second largest end-user segment. This is due to the fact that compressed air is used in a variety of medical applications, such as surgery and patient care.

By region: The market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is the largest market for compressed air treatment equipment. This is due to the fact that the region is home to a number of large and growing economies, such as China and India.

Key Players

Some of the key players in the global compressed air treatment equipment market include:

  • Atlas Copco
  • Gardner Denver
  • Ingersoll Rand
  • Kaeser
  • Emerson Climate Technologies
  • Donaldson
  • Mann+Hummel
  • Parker Hannifin
  • Sullair

The Future of the Market

The global compressed air treatment equipment market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing demand for clean and dry compressed air in a variety of industries. Additionally, the increasing focus on energy efficiency and the imposition of stringent regulations will also drive market growth.