© 2017 Global Market Insights, Inc. USA. All Rights Reserved Compressed Air Treatment Equipment Market Trends Research and Projections for Thriving on the foundation of the unavoidable requirement of maintaining food safety, a strong regulatory framework has much to contribute in enhancing the compressed air treatment equipment market outlook. Despite the fact that majority of food manufacturing processes are powered by compressed air, a substantially large fraction of these hygiene regulations is often overlooked in the air treatment, primarily due to dearth of proper technical knowhow. compressed air treatment equipment market However, considering the increasing number of governmental efforts undertaken with regards to food safety regulations, it is expected that the situation may witness a turnaround in the coming years, which may have a considerable impact on compressed air treatment equipment industry share. Say for instance, the European Council and Parliament, under the regulation EC 852/2004, has chalked out certain standards on food hygiene that food manufacturers need to comply with.
Incessant product innovations by renowned giants along with a strict regulatory groundwork is certain to bring out a positive change in compressed air treatment equipment market. In addition, rapid industrialization across major economies, especially under APAC belt is expected to complement the business growth. Primarily backed by the strong pipeline of constructional projects spanning across nations like Indonesia, China, Japan, the demand for compressed air treatment equipment market in APAC belt is expected to upsurge in the coming years, leaving a subsequent impact on the overall industry share, which is forecast to exceed USD 11 billion by the end of Speaking along the similar lines, food manufacturers need to initiate written food safety management system (FSMS) based on HACCP principles to maintain these hygiene legislations. The fact that compressed air supply is closely linked to food sector, it stands out to be a vital aspect taken into consideration by the compressed air treatment equipment market players. As per estimates, overall compressed treatment equipment industry share from food and beverage application is expected to witness 6.5% CAGR over © 2017 Global Market Insights, Inc. USA. All Rights Reserved Compressed Air Treatment Equipment Market Scenario:
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Competitive Analysis: Few of the other names contending a strong portfolio in competitive hierarchy of the industry include Gardner Denver, Ingersoll-Rand, Kaeser Kompressoren, Van Air, Parker Hannifin, and Donaldson Company. Regional Analysis: Primarily backed by the strong pipeline of constructional projects spanning across nations like Indonesia, China, Japan, the demand for compressed air treatment equipment market in APAC belt is expected to upsurge in the coming years, leaving a subsequent impact on the overall industry share, which is forecast to exceed USD 11 billion by the end of 2024.
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