© 2016 Global Market Insights, Inc. USA. All Rights Reserved Compressed Air Treatment Equipment Market to grow at 6% CAGR over

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Compressed Air Treatment Equipment Market is set to be valued USD 11 billion by 2024; according to a new research report by Global Market Insights, Inc.  Rapid industrial expansion in the Asia Pacific region will be one of the major factors influencing the Compressed Air Treatment Equipment Market. Countries such as India, China, Japan, and Indonesia have undergone tremendous growth in the last couple of years and will display exceptional industrial development in the succeeding decade.  Moreover, continuous improvements in the chemical & pharmaceutical industries of China and India will further propel the compressed air treatment equipment market in the forecast period.  More than 75% of all the industrial applications require compressed air at some point of their operating cycle. Treatment equipment is essential for every pneumatic application owing to its effects on production environment and the machinery life cycle. Key Insights from Compressed Air Treatment Equipment Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Compressed air treatment equipment market will see growth barriers in the upcoming years owing to its high operational and maintenance costs. Around 70% of the of the total cost incurred is of the energy that the equipment consumes. Also, huge capital expenditure on the machineries make them less preferred for buying.  Customers tend to obtain the desired machinery on a rental basis which makes it easy for them to save the maintenance and capital cost, and also use superior and developed machinery each time. These factors may result in slower growth of compressed air treatment equipment market in the forecast spell.  Considering products, aftercoolers, dryers, filters and others are the four segments of compressed air treatment equipment market. The dryers segment will hold a significant share of over USD 4 billion by 2024 to capture more than a third of the global market. These products have extensive usage in removing or reducing the amount of water in the process or instrument air. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  On the basis of application, the market is classified into breathing air, process air, instrument air, and shop air. With a significant share in the compressed air treatment equipment market, breathing air segment will surpass USD 3 billion by Rising awareness about the worker safety and regulatory standards for the same will boost the segment growth in coming years.  Industrial end-user segment, including general manufacturing, holds a major chunk of share in the global compressed air treatment equipment market due to the increasing automation and popularity of pneumatic precision engineering systems. The segment will surpass USD 2 billion by 2024 growing with over 5.5% CAGR. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industry Coverage

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Compressed Air Treatment Equipment Market Size, by Product, 2013 – 2024 (USD Million)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved CompAir, Atlas Copco Chicago Pneumatic Kaeser Kompressoren Ingersoll-Rand Walker Filtration Sullivan-Palatek Seneca Companies Precision Filtration Products Norgren Friulair Major Companies in Compressed Air Treatment Equipment Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific leads the compressed air treatment equipment market and is likely to surpass USD 10 billion by the end of the forecast spell owing to the presence of a large number of manufacturing as well as chemical industries.  North America, led by the U.S. will grow at a stable rate of close to 5.5% in the coming years. Regional Insights in Compressed Air Treatment Equipment Market:

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