Title: Compressed Air Treatment Equipment Market to observe significant gains over 2021 – 2027
1Compressed Air Treatment Equipment Market Study
by Regional Outlook and Competitive Landscape to
2027
- According to the latest study by Global Market
Insights, Inc., the global compressed air
treatment equipment market is anticipated to
surpass USD 11 billion by 2027. This escalation
is primarily attributed to the increasing
dependency on industrial automation, which
requires compressed air treatment units for
carrying out hazard-free operations in sewage
treatment, power plants, general manufacturing
plants, chemical factories, as well as automotive
manufacturing and assembling plants. The
instrument air segment in the compressed air
treatment equipment market is expected to
register appreciable gains through the projected
span. - In the years to come, the escalating awareness
regarding new drugs and the continuous
development across the healthcare sector will
push the expansion of the compressed air
treatment equipment industry, positively
influencing revenue growth to a remarkable extent.
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2- The compressed air treatment equipment market is
further driven by the surging demand for packaged
foods and the increasing automation in the food
beverage sector. This is mainly because of the
increased dependency on clean and food standard
compressed air products for a range of activities
such as dehydration, cleaning bottles, spray
coating, and vacuum generation. The food
beverage segment is estimated to witness a
commendable CAGR of more than 5.5 per cent
through 2027.
- Furthermore, an upsurge in the industrial
development across emerging countries comprising
India and China is expected to propel the growth
of the compressed air treatment equipment
industry over the forthcoming years.
Additionally, an incessant requirement of
moisture-free and clean compressed air for
ensuring the prolonged life of expensive
machinery will boost the adoption of compressed
air treatment units across these countries.
- One of the latest developments in the global
compressed air treatment equipment market
comprises the takeover of Kawalek Kompressoren, a
German distributor, by one of the major industry
participants, Atlas Copco. Situated in Berlin,
Kawalek Kompressoren is a privately owned company
with a stable position on the market in the
surrounding region.
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4- The strong presence of general manufacturing and
automotive industries in the United States is
slated to impel North America compressed air
treatment equipment market expansion through
2027. The regional growth is estimated to be
driven by the extensive demand for Compressed Air
Treatment Equipments on account of the wider
presence of pharmaceutical and chemical
industries in the country.
- The major players in the compressed air treatment
equipment market include Emerson Climate
Technologies, Parker Hannifin, Ingersoll Rand,
Donaldson MannHummel, Kaeser, Gardner Denver,
and others. These manufacturers are focusing on
various collaborative strategies such as joint
ventures, acquisitions, and mergers for the
enhancement of their product portfolio and
geographical footprint.
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5Latest Research Report On Compressed Air
Treatment Equipment Market _at_ https//www.gminsight
s.com/industry-analysis/compressed-air-treatment-e
quipment-market
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