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Asia Pacific Compressed Air Treatment Equipment Market Size By Application (Instrument Air, Shop Air/Plant Air, Breathing Air, Process Air), By Product (Dryers {Desiccant Air Dryers, Refrigerated Dryers, Deliquescent Dryers, Membrane Dryers}, Filters {Oil Removal/Coalescing Filter, Particulate Filter/Pre-Filter, Oil Vapor Removal/Adsorber Filter, High Temperature After Filters, Filtered Centrifugal Separator, Moisture Separators}, Aftercoolers, Others), By End-user (Food & Beverage, Chemical, Paper, Healthcare, Automotive, Steel, Industrial, Construction, Electronics, Aerospace, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026
Published Date: February 2021 | Publisher: Graphical Research Report ID: GR1228 | Delivery : PDF  Request Free Sample

Asia Pacific Compressed Air Treatment Equipment Market size surpassed USD 3 billion in 2020 and is estimated to observe a growth rate of 6.2% between 2021 and 2027. The mounting demand for moisture-free and clean compressed air in order to improve the lifespan of pneumatic devices and air compressor systems will drive the market growth.

Compressed air is used for a comprehensive range of applications, such as to drive robotic arms, conveyor belts, press, drills, paint sprays, jackhammers, and others. In the Asia Pacific, the major end-use industries of compressed air include chemical, food & beverages, healthcare, aerospace, and electronics. It also has broad usage in procedures, such as decontamination, nitrogen generation, drying, and aeration. Therefore, increasing the application of precision machinery, rising competition among manufacturers to develop the existing production facilities is likely to accelerate the industry expansion.

The Healthcare industry is also attributing significantly to the market growth in the region. The pervasive chronic diseases, including diabetes, cardiovascular diseases, asthma, cancer, and respiratory diseases have been fueling the evolution of the healthcare sector in countries like China and India majorly due to their huge population. Moreover, the increasing number of FDA regulations favoring patient health coupled with a growing number of aging population is catalyzing the demand for compressed air from the healthcare sector.

APAC Market, By Product

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In ensuring the desired quality of compressed air, dryers are crucial equipment. The dryers segment dominated around 39% market share in 2020 primarily due to their ability to eliminate or alleviate the quantity of water in the compressed air. Separators and moisture filters somehow leave some traces of water in the air which may cause issues like corrosion to equipment, electrical component failure, contamination in chemical and food & beverages industry processes. The robust demand for pharma products and augment of new drugs in the medical & healthcare sector will further augment the demand for compressed air treatment equipment industry.

APAC Market, By Application

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Among the several applications, process air accounted for the largest revenue and will exhibit a CAGR of 5.4% through 2027. Growth is owing to the wide application of compressed air in numerous operations, such as baghouse discharge arrangements, chemical reactions, logistics, and wind tunnels. The existence of impurities in the compressed air may lead to disastrous consequences. Thus, it becomes crucial to use air treatment apparatus in such processes to achieve the desired dew point. Additionally, to obtain the ideal quality of the processed air, compressed air treatment system is mandated in various facilities, particularly in industries like chemical and pharmaceutical.

APAC Market, By End-user

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The electronics end-user segment in the Asia Pacific compressed air treatment equipment market is predicted to register a growth of over 6.9% from 2021 to 2027. The shifting global manufacturing operations in the developing economies of India, China, South Korea, Indonesia, and other Asia countries will present new growth opportunities for the market players in the approaching years. The China’s leading position in the electronics and automotive sectors will have a remarkable impact on the equipment demand. Furthermore, the dynamic growth of the electronics sector in the region will create lucrative opportunities for industry players.

Competitive Industry Landscape

Prominent manufacturers involved in the industry include Gem Equipments (p) Ltd., Delair India Pvt. Ltd., Trident Pneumatics Private Limited, Sintonik Equipments, (P) Ltd., Annair Drychill Tech (India) Pvt., Ltd., Ingersoll Rand Inc., Atlas Copco, Shanghai Crownwell Compressor Co., Ltd., Sullair, LLC, Kaeser Kompressoren, Bauer Compressors Co. Ltd., Quincy Compressor Group, and Donaldson Company, Inc.
 

Frequently Asked Question(FAQ) :

The market for compressed air treatment equipment in APAC surpassed USD 3 billion in 2020 and will grow at a robust CAGR of 6.2% through 2027 with the demand for clean compressed and moisture-free air in pneumatic devices.
Dryers segment held 39% of APAC market share in 2020 and will grow due to their ability to eliminate or alleviate the quantity of water in the compressed air.
The process air application segment held the largest revenue and will grow at a 5.4% CAGR through 2027 owing to application in operations, such as baghouse discharge arrangements, chemical reactions, logistics, and wind tunnels.
The industry share from the electronics segment will grow at a healthy CAGR of 6.9% from 2021 to 2027 owing to shifting global manufacturing operations in the developing economies in the region.

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