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The rise of the healthcare and pharmaceutical sectors is likely to stimulate innovation in the production of compressed air treatment equipment, propelling the market during the forecast period.

The global compressed air treatment equipment market is expected to grow from $8.27 billion in 2022 to $8.90 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The global compressed air treatment equipment market size is expected to reach $11.42 billion in 2027 at a CAGR of 6.4%.

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Global Compressed Air Treatment Equipment Market Segments Include:

• By Product: Filters, Dryers, Aftercoolers
• By Application: Plant Air, Instrument Air, Process Air, Breathing Air
• By End User: Chemical, Food And Beverage, Healthcare, Pharmaceuticals, Automotive, Other End users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global compressed air treatment equipment market in 2021.

Major Market Players in the compressed air treatment equipment market include Atlas Copco, Airfilter Engineering, BEKO Technologies Corp., BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Chicago Pneumatic, Ingersoll-Rand, MANN+HUMMEL International GmbH & Co. KG, Kaeser Compressors Inc.

Product innovation is a prevalent trend in the compressed air treatment equipment market. Major compressed air treatment equipment businesses are focusing on developing innovative solutions to increase their market position. Parker Hannifin Corporation., a US-based manufacturing business, for example, announced its new product, the ‘PPD series sortable desiccant compressed air dryers,’ which is a range of comprehensive compressed air treatment systems, in May 2021. This product is unique in that it has numerous stages of filtration and a twin-tower adsorption drier. It establishes the international standard for compressed air quality, and these highly constructed systems have two coalescing pre-filters to provide clean, dry air.

The Compressed Air Treatment Equipment Global Market Report 2023  provides a compressed air treatment equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The compressed air treatment equipment market forecast analyzes compressed air treatment equipment market size, compressed air treatment equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A pneumatic device that turns power into potential energy held in pressurised air is referred to as compressed air treatment equipment. Its purpose is to give the required purity of compressed air for the application by removing any undesirable pollution.

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