Global Compressed Air Treatment Equipment Market to Reach US$ 14.3 Billion by 2032, Spurred by Increasing Prevalence of Chronic Diseases

October 11, 2022 | Technology & Media

The latest report by IMARC Group, titled “Compressed Air Treatment Equipment Market Report by Product (Filters, Dryers, Aftercoolers, and Others), Application (Plant Air, Instrument Air, Process Air, Breathing Air, and Others), End User (Chemical, Paper, Food and Beverage, Pharmaceuticals, Healthcare, and Others), and Region 2024-2032,” finds that the global compressed air treatment equipment market size reached US$ 9.2 Billion in 2023. Compressed air treatment equipment decreases the dew point of the air and removes particles that may negatively damage the air compressor. Some commonly available equipment includes oil-free air compressors, air dryers, air filters, nitrogen generators, and aftercoolers. It is widely used in paint sprays, jackhammers, drills, robotic arms, conveyor systems, and drying machines to dehumidify and clean air before entering the compressor. In addition, it is compact and lightweight and helps to improve operations, maintain productivity, and reduce rust and corrosion. As a result, compressed air treatment equipment is extensively employed in aerospace, automotive, manufacturing, pharmaceuticals, power generation, paper, industrial, medical industries, and food and beverage (F&B) industries.

Global Compressed Air Treatment Equipment Market Trends:

The market is primarily driven by the increasing prevalence of chronic diseases, such as cardiovascular disorders, especially amongst the geriatric population. In addition, the increasing utilization of respiratory support devices, such as atomizers, life-support machines, and oxygen generators, represents another major growth-inducing factor. Moreover, the escalating demand for highly purified compressed air in the pharmaceutical industry for product drying, tablet coating, nitrogen generation, and material handling is accelerating the product adoption rate. Besides this, various technological developments, such as the introduction of environment-friendly compressors that offer stability and assure clean and dry air quality, are providing a positive thrust to the market growth. Additionally, the increasing product utilization in the food and beverage (F&B) industry for air-cleaning containers before product filling and packaging is contributing to the market growth. Other factors, including the increasing research and development (R&D) activities conducted by key players to introduce novel air compressors, the rising disposable incomes of individuals, and rapid industrialization, particularly in emerging economies, are further creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 14.3 Billion by 2032, exhibiting a CAGR of 4.9% during the forecast period (2024-2032).

Market Summary:

  • Based on the product, the market has been classified into filters, dryers, aftercoolers, and others.
  • On the basis of the application, the market has been segmented into plant air, instrument air, process air, breathing air, and others.
  • Based on the end user, the market has been segregated into chemical, paper, food and beverage, pharmaceuticals, healthcare, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the industry has also been examined in the report, with some of the key players being Airfilter Engineering, Alpha-Pure Corporation, Atlas Copco AB, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Donaldson Company Inc., Ingersoll Rand Inc., Kaeser Compressors Inc., Mann+Hummel, Mattei Compressors Inc., Parker-Hannifin Corporation, Pentair plc and Pneumatech.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Airfilter Engineering, Alpha-Pure Corporation, Atlas Copco AB, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Donaldson Company Inc., Ingersoll Rand Inc., Kaeser Compressors Inc., Mann+Hummel, Mattei Compressors Inc., Parker-Hannifin Corporation, Pentair plc and Pneumatech.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Compressed Air Treatment Equipment Market to Reach US$ 14.3 Billion by 2032, Spurred by Increasing Prevalence of Chronic Diseases
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