Membrane Air Dryers Market Trends, Growing Demand and Opportunities by 2023
The global membrane air dryers market is growing, due to increasing need for dry and clean air in manufacturing, food and beverage, and medical industries; and increasing several application areas of membrane air dryers. Additionally, the increased adoption by consumers, due to increasing need for improving operational efficiency of a system, in order to decrease the maintenance cost, is also driving the growth of the market.
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Two of the major advantages offered by membrane air dryers are eliminating impurities, which may negatively influence the air compressor, thus lowering the dew point of air. The membranes support the air dryers to operate more effectively and extend the life span of the system by reducing the erosion produced by air with extreme moisture content. Among all the products, the porous dryers segment led the market.
On the basis of application, the food and beverage segment is expected to grow with the highest rate during the forecast period. A fundamental assumption is considered, while operating the food processing facilities, as per which, the compressed air can be a source of chemical and microbiological contamination.
North America leads the market and is expected to maintain its dominance during the forecast period. This is due to increasing demand from food and beverage, medical, and telecommunication sector in the region. Moreover, the regulations and standards governing the food processing sector are also expected to support the growth of the North American market in the coming years.
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Some of the competitors in the global membrane air dryers market are Gardner Denver Inc., Parker-Hannifin Corporation, SMC Corporation, Walmec S.p.A., Donaldson Company Inc., Industrial Air Power LLC, Puregas LLC, and Wilkerson Corporation.
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