LAMEA Membrane Air Dryers Market

LAMEA Membrane Air Dryers Market Size, Share & Industry Trends Analysis Report By Product (Non-Porous, and Porous), By Application (Industrial, Food & Beverage, Telecommunication, Medical, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19145 Publication Date: December-2023 Number of Pages: 152
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Market Report Description

The Latin America, Middle East and Africa Membrane Air Dryers Market would witness market growth of 10.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 108.8 thousand Units, showcasing a growth of 11.4% (2023-2030).

The medical industry demands precision and reliability in various applications, and compressed air plays a crucial role in medical devices and equipment. Membrane air dryers find extensive use in this sector to ensure the delivery of clean, dry air for applications such as respiratory therapy devices, dental equipment, and laboratory instruments. Maintaining high hygiene standards is paramount in the food and beverage industry. Membrane air dryers help prevent moisture contamination in compressed air used for food packaging, bottling, and conveying.

Electronics manufacturing requires a controlled environment to prevent defects and ensure the reliability of electronic components. Membrane air dryers play a crucial role in this industry by delivering dry air for applications such as printed circuit board (PCB) production, preventing issues like oxidation and damage to sensitive electronic components. The automotive industry relies on compressed air for various applications, including pneumatic tools and paint spraying.

According to the International Trade Administration, in October 2021, the Abu Dhabi Department of Economic Development (ADDED) announced a new smart manufacturing initiative to diversify its economy and attract foreign companies. The UAE desires to boost manufacturing by 30% and increase GDP by $6.8 billion by 2031. Smart manufacturing involves the use of automation and robotics in various industrial processes. These technologies often rely on compressed air systems for pneumatic control. Membrane air dryers play a crucial role in providing clean and dry compressed air to ensure the optimal performance of automated systems. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The Brazil market dominated the LAMEA Membrane Air Dryers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $38.5 million by 2030. The Argentina market is showcasing a CAGR of 10.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023 - 2030).

Based on Product, the market is segmented into Non-Porous, and Porous. Based on Application, the market is segmented into Industrial (Electronics/Semiconductor, Pneumatic Equipment, Feed Gas Preparation, and Others), Food & Beverage, Telecommunication, Medical (Dental, Breathing Equipment, and MIT(Minimally Invasive treatment)), 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 Worldwide Membrane Air Dryers Market is Projected to reach USD 1.5 Billion by 2030, at a CAGR of 8.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco AB, Ingersroll Rand, Inc, Parker Hannifin Corporation, Pentair PLC, Donaldson Company, Inc., Sullair, LLC (Hitachi Group), Mikropor Makina Sanayi ve Ticaret A.Ş., SMC Corporation, Kaeser Kompressoren SE, and Graco, Inc. (Newell Brands Inc.).

Scope of the Study

Market Segments Covered in the Report:

By Product (Volume, Thousand Units, USD Billion, 2019-2030)

  • Non-Porous
  • Porous

By Application (Volume, Thousand Units, USD Billion, 2019-2030)

  • Industrial
    • Electronics/Semiconductor
    • Pneumatic Equipment
    • Feed Gas Preparation
    • Others
  • Food & Beverage
  • Telecommunication
  • Medical
    • Dental
    • Breathing Equipment
    • MIT(Minimally Invasive treatment)
  • Others

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Atlas Copco AB
  • Ingersroll Rand, Inc
  • Parker Hannifin Corporation
  • Pentair PLC
  • Donaldson Company, Inc.
  • Sullair, LLC (Hitachi Group)
  • Mikropor Makina Sanayi ve Ticaret A.Ş.
  • SMC Corporation
  • Kaeser Kompressoren SE
  • Graco, Inc. (Newell Brands Inc.)
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