Global Membrane Air Dryer Market is expected to grow at 5.2% CAGR during the forecasted period. Membrane air dryers work as a progressive filtration media which are designed to co-operate with existing compressed air system. Working of the membrane air dryer is based on the adjustment of flow rate, and pressure of the incoming fluid. The global membrane air dryer market is expected to grow considerably during the forecast period. Some of the major factors driving the global membrane air dryer market include rapid industrialization in emerging economies such as India, and China, and growing demand for membrane air dryer in constantly growing industries such as food and beverages, and pharmaceutical, coupled with increasing demand for automation in these industries. Various end-use industries such as food and beverages, medical manufacturers, and others are adopting the hygienic product development procedures by maintaining high air quality, thus demand is increasing gradually in such industries. Therefore, the global membrane air dryer market is supported by the growing industrial application.
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The global membrane air dryer market is segmented on the basis of product type, and application. on the basis of product type, the market is segmented into porous membrane air dryer and non-porous membrane air dryer. Porous membrane air dryers are expected to contribute a significant share in the global market owing to several benefits offered by these such as high-permeability and flexibility. Further, on the basis of application, the market is segmented into food and beverages, pharmaceutical, chemical, oil & gas, and electronics. The presence of water vapor in food processing may result in significant problems; thereby, increasing the demand for membrane air dryer. Further, the meat and dairy industry must comply with a number of hygiene requirements, which creates an opportunity for the growth of the market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Membrane Air Dryer Market -Segmentation
By Product Type
- Porous
- Non-Porous
By End-User
- Food & Beverages
- Pharmaceutical
- Chemical
- Oil & Gas
- Electronics
Global Membrane Air Dryer Market -Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle-East and Africa
The Report Covers:
- Comprehensive research methodology of the global membrane air dryer market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global membrane air dryer market.
- Insights about market determinants which are stimulating the global membrane air dryer market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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