QYResearch: Global Membrane Air Dryers Market will reach 518 M USD by 2022

Author: Che Hewei

Company: QYResearch

compressed air. Typically, the compressed air is first filtered with a high-quality coalescing filter. This filter removes liquid water, oil and particulate from the compressed air. The water vapor–laden air then passes through the center bore of hollow fibers in the membrane bundle. The moisture-laden sweep gas is then vented to the atmosphere, and clean, dry air is supplied to the application. The membrane air dryers are designed to operate continuously, 24 hours per day, 7 days per week. Membrane air dryers are quiet, reliable and require no electricity to operate.

The major player includes: Atlas Copco Corp, Donaldson Company, Gardner Denver, Parker, Pentair, Graco, SMC, Puregas, Walmec and Hankison. These companies account for 70% of the market share.

The "Global Membrane Air Dryers Market Research Report 2017" released by QYResearch shows that the total revenue of Membrane Air Dryers is about 469 M USD in 2016. And the Membrane Air Dryers market will reach 518 M USD by 2022, with a CAGR 1.69% (2017-2022). North America, Europe and China are remarkable in the global Membrane Air Dryers market because of their economic status and technology status of Membrane Air Dryers. And the revenue share of North America, Europe and China were 36%, 23% and 15% respectively in 2016.

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Analyst: chehewei@qyresearch.com