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Oil-free Air Compressor Market is likely to witness steady growth by 2024

Author : Rahul Varpe | Published Date : 2019-04-16 

Global Market Insights provides a detailed overview of Oil-free Air Compressor market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Oil-free Air Compressor market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

The exponential growth graph of oil-free air compressor market can be aptly demonstrated by the recent launch of the ZR 90-160 VSD+ oil free air compressor. Introduced by one of the leaders in air compressor industry, Atlas Copco, this latest oil-free rotary screw air compressor is being touted for its excellent energy efficiency which reportedly facilitates faster return on investment with 35% energy savings. As users of air compressors are growing increasingly intolerant of contaminations in their system, the ZR 90-160 VSD+ has been declared to be ideal for the automotive, food and beverage, textile, electronics and pharmaceutical industries.

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The pace of oil-free air compressor industry will be somewhat slow, as the equipment are much more expensive than more commonly used oil lubricated air compressors. Owing to the environmental benefits, compact design and superior mechanism – factors contributing to the higher cost, oil free air compressors will eventually register wider demand. As per estimates, oil-free air compressor market size is anticipated to surpass $14 billion by 2024.

The British Dental Association (BDA) states that oil-free air compressors are relatively cleaner, more effective and provide better quality of air to patients. Apart from the lower risk of contamination presented by oil free air compressors, these are also much lighter than the oil filled variants and can be placed in a wider variety of areas while being equally efficient in creating air flow and pressure as their oil filled counterparts. While the maintenance of oil free air compressors is greater, the air quality they ensure for patients and the staff is commendable and outweighs the advantages of using oil filled compressors. This has consequently lent an edge to oil-free air compressor market size from dentistry applications.

Most oil-free air compressor market leaders bring products to the market that are compliant with industry standards and meet customer quality expectations. Food manufacturers look for oil free air compressors with Class 0 certification to adhere to guidelines such as the ones outlined in the UK Code. Indeed, there have been many instances where food factory owners have used oil filled air compressors and have had to replace contaminated piping, filtration, dryers, receivers and compressors all the while, paying a tremendous price in terms of production interruption and product recall. On these grounds, it would be fair to state that oil-free air compressor market has much to gain from the food and beverages industry.

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Incidentally, the ZR 90-160 VSD+ is equipped with Atlas Copco’s advanced variable speed drive technology and is housed in a compact sound proof enclosure. But the truly commendable feature of the ZR 90-160 VSD+ lies in its design and sealing that ensures physical separation between the oil and air circuits and keeps the compressed air chamber completely oil free. Atlas Copco has thus set a pivotal benchmark in oil-free air compressor market with this launch, claim experts.

Most companies prefer not to have oil contaminate products and procedures. A 100 hp oil filled air compressor with 2 ppm carryover, will introduce over 4 gallons of lubricant into a compressed air system if it runs for 8000 hours or approximately one year. The lubricant will eventually start to show in the product and no business can afford to lose money on product recalls and lost reputation. In this regard, oil-free air compressor market has registered a significant rise in shares as many food and beverage producers have shifted toward using these air compressors to streamline manufacturing processes while ensuring product quality.

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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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Related News: https://www.marketwatch.com/press-release/hvac-centrifugal-compressors-market-2019-to-2024---study-by-growth-analysis-applications-and-region-2019-04-10

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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