According to a new report, published by KBV research, The Global Membrane Air Dryers Market size is expected to reach $1.5 billion by 2030, rising at a market growth of 8.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 916.3 thousand Units experiencing a growth of 7.9% (2019-2022).
The Porous segment is generating the highest revenue in the Global Membrane Air Dryers Market by Product in 2022; thereby, achieving a market value of $1.2 billion by 2030. Porous membrane air dryers are known for their energy-efficient operation. The compact and lightweight design of porous membrane air dryers makes them suitable for installations with limited space. Porous membrane air dryers operate silently, not involving moving parts or mechanical components. This feature is beneficial in environments where noise reduction is a priority. The simplicity of the design and the absence of complex components contribute to low maintenance requirements. Porous membrane air dryers generally have fewer parts subject to wear and tear, reducing downtime and maintenance costs.
The Food & Beverage segment is experiencing a CAGR of 7.9% during (2023 - 2030). Bottling and canning processes require dry and clean compressed air to operate pneumatic equipment, control valves, and handle containers. Membrane air dryers contribute to the removal of moisture, preventing the formation of water droplets that could lead to contamination or affect the filling accuracy in beverage production. Compressed air is often used in testing equipment and instruments in food and beverage quality control laboratories. Membrane air dryers produce dry and contaminant-free air, ensuring accurate and reliable results in various analytical processes and quality control measures.
The North America region dominated the Global Membrane Air Dryers Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $519.3 million by 2030. The Europe market is anticipated to grow a CAGR of 7.8% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 8.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/membrane-air-dryers-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Atlas Copco AB, Ingersroll Rand, Inc, Parker Hannifin Corporation, Pentair PLC, Donaldson Company, Inc., Sullair, LLC (Hitachi Group), Mikropor Makina Sanayi ve Ticaret A.Ş., SMC Corporation, Kaeser Kompressoren SE, and Graco, Inc. (Newell Brands Inc.).
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
