Global Membrane Air Dryer Market is expected to grow at 5.2% CAGR during the forecasted period. Membrane air dryers work as a progressive filtration media which are designed to co-operate with existing compressed air system. Working of the membrane air dryer is based on the adjustment of flow rate, and pressure of the incoming fluid. The global membrane air dryer market is expected to grow considerably during the forecast period. Some of the major factors driving the global membrane air dryer market include rapid industrialization in emerging economies such as India, and China, and growing demand for membrane air dryer in constantly growing industries such as food and beverages, and pharmaceutical, coupled with increasing demand for automation in these industries. Various end-use industries such as food and beverages, medical manufacturers, and others are adopting the hygienic product development procedures by maintaining high air quality, thus demand is increasing gradually in such industries. Therefore, the global membrane air dryer market is supported by the growing industrial application.

The global membrane air dryer market is segmented on the basis of product type, and application. on the basis of product type, the market is segmented into porous membrane air dryer and non-porous membrane air dryer. Porous membrane air dryers are expected to contribute a significant share in the global market owing to several benefits offered by these such as high-permeability and flexibility. Further, on the basis of application, the market is segmented into food and beverages, pharmaceutical, chemical, oil & gas, and electronics. The presence of water vapor in food processing may result in significant problems; thereby, increasing the demand for membrane air dryer. Further, the meat and dairy industry must comply with a number of hygiene requirements, which creates an opportunity for the growth of the market.

On the basis of geography, the global membrane air dryer market is segmented into North America, Europe, Asia-Pacific, and rest of the world. Asia-Pacific is expected to hold a prominent share in the global market. The market growth is attributed to the increasing demand in various end-user industries such as food and beverages, pharmaceutical, fertilizers, and chemicals. China, India, and Japan are contributing significantly to the membrane air dryer market in the Asia-Pacific region. Further, the abundance of raw material and easy availability of labor further give a boost to the growth of the market in the Asia-Pacific region.

The players in the market are focusing on delivering customized end-user solutions in order to increase their share in the market. Some of the major players operating in the market include Pentair PLC, Parker Hannifin Corp., Gardner Denver, Inc., Donaldson Co., Inc., Atlas Copco Corp.¸ Kaeser Compressors, Inc., Ingersoll-Rand Inc., SMC Corp., Bellex International Corp., Festo AG & Co. KG, and others.

Research Methodology

The market study of the global membrane air dryer market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for membrane air dryers manufacturers, traders, suppliers, and distributors, food and beverages industry, healthcare service providers, chemical industry, pharmaceutical industry, oil & gas industry, and others end-users, research institutes, investment companies, and government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

1. Global Membrane Air Dryer Market Research and Analysis by Product Type
2. Global Membrane Air Dryer Market Research and Analysis by Application

The Report Covers:

• Comprehensive research methodology of the global membrane air dryer market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global membrane air dryer market.
• Insights about market determinants which are stimulating the global membrane air dryer market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.