The Latin America, Middle East and Africa Compressed Air Filter and Dryer Market would witness market growth of 9.2% CAGR during the forecast period (2021-2027).
Some of the growth catalysts for the Compressed Air filter and Dryer market are rising urbanization, fast industrialization, and an increase in end-use applications. In addition, emerging trends like advancements in pneumatic technology are expected to help the industry’s development in the upcoming years. Moreover, the compressor air filters market is expected to benefit from the promotion of compressor air filters through several online channels.
Filtration of compressed air is extremely critical in any compressor installation. A good air compressor filter would keep particulates, dirt, solid particles, dust, and oil out of the system. These types of harmful impurities can harm your equipment and downstream machinery, wearing out parts and causing blockages. In addition, contamination can even harm the manufactured goods if it doesn’t have a filter, resulting in lost production and a large bill. As a result, it's critical to utilize high-performance filters. Moreover, filters of poor quality may work poorly, resulting in big pressure dips and an increase in your energy expenditure.
The regional market is witnessing high demand for compressed air filters and dryers for many uses. Air sanitation is critical in health-care settings where patients are treated and medications are prescribed and dispensed. For this, desiccant dryers are ideal. In addition, Desiccant dryers are a popular element in flood-relief settings because properties must be dried as rapidly as possible after a storm has passed through to avoid floods from evaporating and producing mould in wood and furniture. Moreover, if the ambient air is not dehumidified and cleaned of water particles by a desiccant dryer, moisture can destroy food before it leaves the factory.
Improper air can cause corrosion and damage to the air compressor's piping and interior structure. This can lead to a system failure, which would cost time and money. In the regional market, many companies are facing this problem. Hence, the use of a compressed air drier would help to keep the system in good working order and operation safe and reliable over time.
The Brazil market dominated the LAMEA Compressed Air Filter and Dryer Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $165.7 million by 2027. The Argentina market is experiencing a CAGR of 9.8% during (2021 - 2027). Additionally, The UAE market is would showcase a CAGR of 8.9% during (2021 - 2027).
Based on Product, the market is segmented into Compressed Air Dryers and Compressed Air Filters. Based on Compressed Air Dryers Type, the market is segmented into Refrigeration Dryers, Desiccant/Adsorption Dryers, Deliquescent Dryers and Membrane Dryers. Based on Compressed Air Filters Type, the market is segmented into Particulate Filters, Coalescing Filters, Compressed Intake Filters and Activated Carbon Filters. Based on Industry, the market is segmented into Automotive, Metals & Machinery, Pharmaceuticals, Electronics, Oil & Gas, Chemicals, Power Generation, Food & Beverages and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Compressed Air Filter and Dryer Market is Predict to reach $7.2 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingersoll Rand, Inc., Parker Hannifin Corporation, Pentair PLC, Donaldson Company, Inc., SPX Flow, Inc., Atlas Copco AB, BOGE Compressed Air Systems GmbH & Co. KG, Sullair, LLC (Hitachi Group), Sullivan-Palatek, Inc., and Kaeser Kompressoren SE.
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