The compressed air filtration and dryer system market is expected to expand its roots at an average CAGR of 5.7% during the forecast period. The market is likely to hold a revenue of US$ 5.69 billion in 2023 while it is anticipated to cross a value of US$ 9.91 billion by 2033.
The requirement of high-quality compressed air in several industrial processes is the prime requirement for air compressor and dryer systems. With the rapid establishment of industrial units in developing countries, the sale of compressed air filtration and dryer system is estimated to grow at a higher rate in the forecast period.
As the atmospheric air contains a large amount of water in a vapor state, the compressed air systems need to be dried and filtered before any industrial use. The equipment supplied by the compressed air filtration and drying system market to remove water and other contaminants has been experiencing higher sales in recent years.
Compressed air dryers are developed by applying technologies based on Freon or Joule-Thompson capable of operating at a volume according to industrial demands.
The use of cycling dryers that can operate even when the industrial refrigeration system is shut down is also produced with higher applicability in energy-efficient systems. Advancement in such energy-efficient technologies is poised to increase the adaptability of air dryer filters profiteering the market players.
| Attributes | Details |
|---|---|
| Compressed Air Filtration and Dryer System Market CAGR (2023 to 2033) | 5.7% |
| Compressed Air Filtration and Dryer System Market Size (2023) | US$ 5.69 billion |
| Compressed Air Filtration and Dryer System Market Size (2033) | US$ 9.91 billion |
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Rising awareness among small industrialists about the benefits of deploying air compressor filters and dryers in industrial machinery and equipment has boosted sales.
Pipes and fittings used in industrial units such as industrial refrigeration systems or point-of-use water treatment plants use compressed air filtration devices to minimize the accumulation of contaminants. This type of desiccant filter for air compressors also prevents water accumulation and reduces the maintenance cost of installed machinery and equipment from corrosion.
As these types of air dryer filters increase the productivity of the production system so are expected to experience greater demand from major manufacturing industries. With the growth in business volume of automakers, oil, and gas, and chemicals, the sale of inline desiccant air dryers is anticipated to be soaring during the forecast years.
Various companies have come up with new ideas for air compressor dryers that are emerging as a lucrative opportunity for the global compressed air filtration and dryer system market.
Air compressor dryer for painting is one such product for which the demand is growing in the local markets. Catering air compressor filters to smaller units as a raw material for further value addition is anticipated to be a significant opportunity for the growth of the compressed air filter market.
Air dryers and filters, demand from small and regional units has remained low during the analysis period and before.
Most industries requiring compressed air for various operations produce it in an auxiliary unit that is highly expensive. Some industries avoid the system altogether, which can be a significant restraint for the growth of the global market for some more years.
Principal Consultant
| Country | Revenue Share % (2023) |
|---|---|
| United States | 20.4% |
| Germany | 4.2% |
| Japan | 5.1% |
| Australia | 0.4% |
| Country | CAGR % (2023 to 2033) |
|---|---|
| China | 6.4% |
| India | 6.8% |
| United Kingdom | 4.1% |
Due to the presence of many different types of manufacturing facilities in industrialized countries. These regions account for a substantial share of the demand for filter dryers for air compressors in the production line. Among all the geographical regions, North America occupies the top position in the use of air filter dryers. The United States alone contributes more than about 70% of the revenue of the regional air filter market in North America.
Europe comes in second position in the use of air dryer filters for compressors in its automobile and chemical industries. Strong environmental norms and regulations regarding the release of pollutants have contributed significantly to the use of compressed air dryers and filters in automobile engines.
Germany is the leading country in the European region for the production of high-end automobiles equipped with the best air compressor filter dryer. The Asia Pacific is also a highly lucrative region in the global compressed air filtration and dryer system market with its growing industrial area and capacity.
| Category | By Product Type |
|---|---|
| Leading Segment | Compressed Air Dryer |
| Market Share (2023) | 62.0% |
| Category | By Industry |
|---|---|
| Leading Segment | Oil & Gas |
| Market Share (2023) | 36.1% |
Stringent regulations to maintain the quality of pharmaceutical products and food & beverages are anticipated to be the key driving factor for the growth of the market.
Among the two types of products, compressed air dryers hold a higher value in terms of total revenue generated in the global market. Industrial plants experience frequent changes in operating temperature. Endothermic or exothermic processes require dried air that is obtained from industrial refrigeration systems or dryers.
Compressed air filters are also a crucial part of the industrial manufacturing units operating under severely contaminated air of chemical particles.
As the demand for 3 stages compressed air filters is limited only to pharmaceutical and food & beverages companies, the market share of this segment has remained somewhat lower.
Automotive industries around the world account for a huge share of the total use of compressed air filters on a global level. Compressed air filters and dryers are the fundamental equipment for the automotive installed for cabin air filtration, air conditioning, or even pneumatic brakes.
Inline desiccant dryers are also a very important part of the chemical industries dealing with toxic and combustible gases. The requirement for highly pure products along with maintenance of proper safety and isolation has made the best air compressor filter dryer a highly demandable product for the chemical industries.
The traditional manual packaging of pharmaceuticals also reduced the quality of products. This led to market damage as the use of desiccant filters for air compressors can ensure packaging is free from moisture and oil. So these are readily sought by pharmaceutical chemical companies.
Compressed air filtration and dryer system have a wide variety of application areas that makes them a very profitable business in the electronics manufacturing sector. Several demands for variable DC power supply units are generated by the industrial sector, having large production units that operate on electricity.
The automotive segment is the most attractive end-user for the compressed air filtration and dryer system market. The segment is estimated to witness a higher CAGR of 4.0% than the other sectors during the forecast years.
The sales of various devices required for establishing wireless communication and infrastructure facilities have increased due to the rise in netizens worldwide. This has led to a surge in the use of modems and gadgets that run on 12v 5a power supply. As a result, positioning the wireless communication & infrastructure segment has been a very profitable segment for the market in recent years. Other key end users of variable power supply units include energy and aerospace segments.
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In the global market for compressed air filtration and dryer systems, several key players are concentrated in the industrial economies of North America and Europe. In recent times there has been a key shift in the regional imbalance. As more air compressor filters and dryer manufacturers are shifting their production units to Asia Pacific countries.
There are also many local players emerging in the regional markets of the Asia Pacific and lower-income countries competing for the global market.
The adoption of new technologies to reduce the energy consumption of air compressor filter dryer regulators is the main strategy adopted to gain popularity among the end users. Reducing the cost of production by decentralized production units is anticipated to provide a competitive edge for established market players.
Market Developments
The market is estimated to achieve a valuation of US$ 5.69 billion in 2023.
The market is estimated to attain US$ 9.91 billion by 2033.
The market is estimated to thrive at a 5.7% CAGR.
Compressed Air Dryer segment to grab a share of 62%.
Oil & Gas category to acquire a segment share of 36.1%.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Compressed Air Dryers
5.3.1.1. Refrigeration Dryers
5.3.1.2. Desiccant or Adsorption Dryers
5.3.1.3. Deliquescent Dryers
5.3.1.4. Membrane Dryers
5.3.2. Compressed Air Filters
5.3.2.1. Particulate Filters
5.3.2.2. Coalescing Filters
5.3.2.3. Compressed Intake Filters
5.3.2.4. Activated Carbon filters
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Industry, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Industry, 2023 to 2033
6.3.1. Automotive
6.3.2. Oil & Gas
6.3.3. Chemicals
6.3.4. Food & Beverages
6.3.5. Electronics
6.3.6. Others
6.4. Y-o-Y Growth Trend Analysis By Industry, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Industry, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By Industry
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Industry
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product Type
9.2.3. By Industry
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Industry
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Product Type
10.2.3. By Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Industry
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Product Type
11.2.3. By Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Industry
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Product Type
12.2.3. By Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Industry
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Product Type
13.1.2.2. By Industry
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Product Type
13.2.2.2. By Industry
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Product Type
13.3.2.2. By Industry
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Product Type
13.4.2.2. By Industry
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Product Type
13.5.2.2. By Industry
13.6. U.K.
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Product Type
13.6.2.2. By Industry
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Product Type
13.7.2.2. By Industry
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Product Type
13.8.2.2. By Industry
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Product Type
13.9.2.2. By Industry
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Product Type
13.10.2.2. By Industry
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Product Type
13.11.2.2. By Industry
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Product Type
13.12.2.2. By Industry
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Product Type
13.13.2.2. By Industry
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Product Type
13.14.2.2. By Industry
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Product Type
13.15.2.2. By Industry
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Product Type
13.16.2.2. By Industry
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Product Type
13.17.2.2. By Industry
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Product Type
13.18.2.2. By Industry
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Product Type
13.19.2.2. By Industry
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Product Type
13.20.2.2. By Industry
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By Industry
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Atlas Copco
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Ingersoll Rand
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Parker-Hannigan
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Pentair
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Donaldson Company
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Boge Kompressoren
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Kaeser Kompressoren
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Sullair
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Spx Flow
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Sullivan-Palatek
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Compressed Air Filtration and Dryer System Market
