The compressed air treatment equipment market is increasing rapidly in Asia Pacific owing to its rising demand from growing steel, automotive and construction industries for various applications.
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Moreover, its extensive usage in the chemical sector for processing air will swell product market size in Asia Pacific region. Compressed air treatment equipment usage in medical and pharmaceutical industry along with food and beverage sector has increased over the recent years, owing to the rising demand for quality and purified air with no contamination for critical applications in the sector. Even minor contaminated air in these sectors can cause serious health hazards. These equipment improve the end-use machinery reliability and performance, as they help to minimize the carbon dioxide emissions, operational costs and energy consumption and simultaneously deliver maximum manufacturing uptime. Furthermore, compressed air treatment equipment usage in garages, workshops, and other manufacturing operations will boost the product demand in the region.
The APAC compressed air treatment equipment market has been segmented on the basis of product, application, end-use sector and countries. The different types of products are filters, dryers, aftercoolers and other products. Here, filters are expected to growth with a significant CAGR. Based on application, the product finds usage in instrument air, plant air/shop air, process air, breathing air. Process air application significantly has higher share in the APAC compressed air treatment equipment market in comparison to plant air/shop air, instrument air and breathing air applications. On the basis of end-user, the product finds application in several industries including chemical, food & beverage, paper, healthcare, industrial, automotive, steel, aerospace, construction, electronics, etc. where compressed air treatment equipment is widely used in different applications. This is mainly due to growing demand for process air applications for various operations, which will boost its growth in the APAC region.
Some of the key participants in the Asia Pacific compressed air treatment equipment market are Gardner Denver, Aircel Corporation, Elgi Compressors, Atlas Copco, and Ingersoll Rand.