Asia Pacific Compressed Air Treatment Equipment Market Share Hitting New Highs Explored with USD 4.5 Billion by 2027

Author : Ronak Bora | Published Date : 2021-08-31 

The Asia Pacific compressed air treatment equipment market is forecast to register respectable growth in coming years because of rapid industrialization and growing adoption of automation. The rising need for clean compressed, and moisture-free air to enhance the life of air compressor systems and pneumatic devices will propel the market growth.

Compressed air is used for a wide range of applications like to drive robotic arms, jackhammers, paint sprays, drills, press, conveyor belts, and others. In the APAC region, the key end-use industries of compressed air comprise of electronics, aerospace, healthcare, food & beverages, and chemical. Subsequently, the growing competition among various manufacturers to develop the current production facilities and surging application of precision machinery will drive the overall Asia Pacific compressed air treatment equipment market.

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Rising prevalence of chronic diseases, such as respiratory diseases, cancer, asthma, asthma, cardiovascular diseases, and diabetes has significantly driven the healthcare industry in Asia Pacific, especially in India and China. Additionally, the growing geriatric population and high number of FDA regulations favoring the health of patients to spur the demand for compressed air from the healthcare domain.

Following are some of the key trends that are expected to shape the Asia Pacific compressed air treatment equipment market growth:

Growing demand for filters across APAC

With respect to product, the filters segment is expected to grow at a CAGR of around 7.1% up to 2027. The growth can be chalked up to the growing demand for filters, which are known to be very efficient in removing pollutants from the air after compression.

A wide range of filters, which includes moisture separators, filtered centrifugal separator, particulate filter, high temperature after filters, adsorber filter, and coalescing filters are used to remove water, oil, odor and dirt from the compressed supply of air. These filters play a very crucial part to extend the lifespan of any machine or equipment.

Expanding electronics industry in Asia

In terms of end-user, the electronics segment is anticipated to register a growth of above 6.9% over the coming time period. The global shifting of manufacturing operations towards the emerging economies of Indonesia, South Korea, China, India as well as other Asian countries will bring new growth opportunities for the Asia Pacific compressed air treatment equipment market participants.

The leading position of China in the automotive and electronics sectors will have an immense impact on the product demand. Subsequently, the rapid growth of the electronics sector in the APAC will aid the equipment use.

Strong demand from India’s end-user industries

On the geographical front, the compressed air treatment equipment market in India is expected to witness more than 7.2% growth rate through 2027. The flourishing general manufacturing and automotive sectors are likely to fuel the product demand. Furthermore, the chemical, construction and electronics industries are expected to show lucrative growth rates over the projected time period.

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Donaldson Company, Inc, Shanghai Crownwell Compressor Co., Ltd., Delair India Pvt. Ltd., Sintonik Equipments, (P) Ltd., Gem Equipments (p) Ltd., Atlas Copco, Trident Pneumatics Private Limited, Kaeser Kompressoren, Ingersoll Rand Inc., and Bauer Compressors Co. Ltd, among many others are some of the key manufacturers in Asia Pacific compressed air treatment equipment market.

Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope

1.1    Research methodology

1.2    Market estimation & forecast parameters

1.3    List of data sources

1.3.1    Primary

1.3.2    Secondary

Chapter 2   Executive Summary

2.1    Asia Pacific Compressed Air Treatment Equipment market snapshot

Chapter 3   Asia Pacific Compressed Air Treatment Equipment Industry Insights

3.1    Industry coverage

3.2    Industry size and forecast, 2016 – 2026

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.4    Future trends

3.4.1    Innovation landscape

3.5    Raw material analysis

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Drivers

3.7.2    Restraints

3.8    Application growth mapping

3.9    Industry analysis: Porter’s

3.10    Competitive benchmarking

3.10.1    Strategy dashboard

3.11    PEST analysis

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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