Asia Pacific Compressed Air Treatment Equipment Market Projected to Discern Stable Expansion at 5.9% CAGR to 2024
Category: #business  By Partha Ray  Date: 2019-11-22
  • share
  • Twitter
  • Facebook
  • LinkedIn

Asia Pacific Compressed Air Treatment Equipment Market Projected to Discern Stable Expansion at 5.9% CAGR to 2024

According to the Graphical Research new growth forecast report titled Asia Pacific Compressed Air Treatment Equipment Market By Application (Plant Air/ Shop Air, Instrument Air, Process Air, Breathing Air), By Product (Filters [Particulate Filter/ Pre-Filter, Coalescing Filter/ Oil Removal, Adsorber Filter/ Oil Vapor Removal, Filtered Centrifugal Separator, High Temperature After Filters, Moisture Separators], Dryers [Refrigerated Dryers, Desiccant Air Dryers, Membrane Dryers, Deliquescent Dryers], Aftercoolers), By End-User (Chemical, Paper, Food & Beverage, Healthcare, Automotive, Industrial, Steel, Construction, Aerospace, Electronics), Industry Analysis Report, Regional Outlook (China, India, Japan, Australia, Indonesia, Malaysia, Singapore, Korea, Thailand, Vietnam, Cambodia) Estimated to surpass USD 4.5 billion by 2024. Rapid industrialization in the Asia Pacific will influence the compressed air treatment equipment market in the region. Countries such as China, India, and Japan have undertaken tremendous measures to monitor air quality levels at various industries, which will increase the product demand in the region. Moreover, continuous advancements in the Chinese chemical & pharmaceutical industries along with rising Indian automotive manufacturing sector will further boost the compressed air treatment equipment market in the region during the forecasted timeframe.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1228/sample

Based on product segment, Asia Pacific compressed air treatment equipment market is categorized into filter, dryers, air coolers and other products. Filters segment is likely to occupy a fair share of over 70% by volume and nearly 40% by revenue in 2018, and is estimated to growth with highest CAGR of more than 7.5% during the study period. Beside this, dryers hold the largest share by revenue owing to its wide usage in industrial applications and higher prices. Aftercooler and other products will also show a fair growth in their usage for various applications during the forecast timeframe.

By application, nearly 35% compressed air treatment equipment is used for process air applications which contributes to more than 30% of revenue in Asia Pacific compressed air treatment equipment market based on application. Beside this, the product usage in breathing and instrument air has increased over the recent years and is estimated to upsurge with a CAGR of nearly 7% during the study period. Moreover, product usage in plant air/ shop air applications is also likely gain momentum in the Asia Pacific market over the coming years.

Based on end-use sector, nearly 25% compressed air treatment equipment is used in steel and industrial sector. Beside this, its usage in aerospace, electronics and chemical sector has increased over the recent years in the region.

Compressed air treatment equipment market participants in the Asia Pacific region includes Elgi Compressors, Ingersoll Rand, Aircel Corporation, Gardner Denver, Atlas Copco, among several others.

Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/table-of-content/1228/asia-pacific-compressed-air-treatment-equipment-market

Asia Pacific Compressed Air Treatment Equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Segments Covered in this Report:

Asia Pacific Compressed Air Treatment Equipment Market Size, By Product

  • Filters
  • Dryers
  • Aftercoolers
  • Others

Asia Pacific Compressed Air Treatment Equipment Market Value, By Application

  • Plant air/shop air
  • Instrument air
  • Process air
  • Breathing air

Asia Pacific Compressed Air Treatment Equipment Market Trends, By End-User

  • Chemical
  • Paper
  • Food & beverage
  • Healthcare
  • Automotive
  • Industrial
  • Steel
  • Construction
  • Aerospace
  • Electronics
  • Others

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.com

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Maritime Engine Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2024
Maritime Engine Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2024
By Partha Ray

The ' Maritime Engine market' study added by Market Study Report, LLC, exhibits a comprehensive analysis of the growth trends present in the global business scenario. The study further presents conclusive data referring to the commercializati...

Handheld Jack Market Global Outlook on Key Growth Trends, Factors
Handheld Jack Market Global Outlook on Key Growth Trends, Factors
By Partha Ray

The research report on ' Handheld Jack market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market s...

Pneumatic Jack Market Analysis & Technological Innovation by Leading Key Players
Pneumatic Jack Market Analysis & Technological Innovation by Leading Key Players
By Partha Ray

This report Added by Market Study Report, LLC, focuses on factors influencing the present scenario of the ' Pneumatic Jack market'. The research report also offers concise analysis referring to commercialization aspects, profit estimation and...