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MEA Compressed Air Treatment Equipment Market for chemical industry to gain rapid expansion by 2024

Author : Rahul Varpe | Published Date : 2019-09-30 

The Compressed Air Treatment Equipment Market study put together by Global Market Insights delivers a concise outlook of the powerful trends driving market growth. This report also includes valuable information pertaining to market share, market size, revenue forecasts, regional landscape and SWOT analysis of the industry. The report further elucidates the competitive backdrop of key players in the market as well as their product portfolio and business strategies.

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Rapidly developing industrialization and increasing importance on the product quality are the crucial factors for the compressed air treatment equipment market growth for plant air application segment. The products are often recommended to supply clean dry air for operations so as to prevent damage to the supply lines, pipes, and fittings due to dirt, moisture, or oil. These contaminants may result in a high drop of pressure, leading to an undesirable energy loss in air compression along with reduction in the operational efficiency at the point of use.

Compressed Air Treatment Equipment Market by End-User

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

The chemical industry expansion in Latin America and MEA regions will be the key factor for compressed air treatment equipment market growth in future. Compressed air industry scope includes fermentation and aeration, air separation in pressure swing adsorption (PSA) plants, etc. Compressed air is also used in pneumatic transport and control systems of chemicals inside the plants.

Developing areas such as Argentina, Brazil and Mexico have witnessed tremendous industrial growth since the last two decades and will witness significant product demand in the forecast timespan. Additionally, rapid improvements in pharmaceutical sector in Asia Pacific will boost the compressed air treatment equipment market over forecast spell.

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Growing automation of the food and beverage industry and rising demand for packed food and snacks around the globe will increase the dependence on clean and food standard compressed air for activities such as vacuum generation, cleaning, bottle dehydration, spray coating, etc., hence enhancing the compressed air treatment equipment market growth throughout the forecast span.

Rising industrial development in emerging countries like China and India will have a significant influence on the global market. Incessant requirement of clean and moisture-free compressed air to ensure the prolonged life of the costly machineries involved in manufacturing will boost the product demand in coming years.

Manufactures present in the Compressed Air Treatment Equipment Market include:

  • Beko Technologies
  • Omega Air
  • Emerson Climate Technologies
  • Friulair
  • Omega Air
  • Pentair
  • Walker Filtration
  • CompAir
  • Seneca Companies

The high initial purchase costs, operational costs, and repair costs associated with compressed air treatment equipment may hamper the compressed air treatment equipment market growth by 2024. Compressed air is the least energy-efficient industrial system offering only 9% efficiency. This leads to a high operational cost of compressors.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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