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Compressed Air Filter and Dryer Market Set for Steady Growth

The Global Compressed Air Filter and Dryer Market size is Expected to reach USD 7.3 billion by 2027 from USD 5.4 billion in 2022, at CAGR of 6.2% during the forecast period.

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Compressed Air Filter and Dryer Market Set for Steady Growth

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  1. MarketsandMarkets Presents The Global Compressed Air Filter And Dryer Market Size is projected to grow from USD 5.4 billion in 2022 to USD 7.3 billion by 2027 at CAGR of 6.2% during the forecast period. The growth of Compressed Air Filter and Dryer Market is driven by the surging demand for compressed air solutions from food & beverages industry, and growing adoption of compressed air systems to increase productivity.

  2. MarketsandMarkets Presents Compressed air dryers held the larger share of the market for the chemicals industry in 2021 Chemical companies deal with toxic and combustible gases daily; hence, high-quality compressed air is quite crucial for the safety and efficiency of equipment. Compressed air dryers such as refrigeration dryers have a high demand in the chemicals industry due to the requirement of high- purity products and the dangerous or hazardous gases present in a chemicals production facility. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1324 65753

  3. MarketsandMarkets Presents Automotive industry accounted for the largest share of the Compressed Air Filter and Dryer Market in 2021 The automotive industry accounted for the largest share of the compressed air filter and dryer market in 2021. It is one of the largest revenue-generating industries globally and is expected to flourish in the coming years owing to the rising demand from countries such as China, the US, and Germany. Compressed air filters and dryers are fundamental to the automotive industry and are used for cabin air filtration, air conditioning, spray painting, and laser purging and in air spindles, air bearings, air guns, and pneumatic brakes in automobiles.

  4. MarketsandMarkets Presents North America accounted for the largest share of the Global Compressed Air Filter and Dryer Market North America accounted for the largest share of the Global Compressed Air Filter and Dryer Market in 2021. North America is expected to be the largest consumer of compressed air systems, as most of the industries that use compressed air filters and dryers are matured and highly developed in this region. The widespread adoption of compressed air systems in industries such as automotive, oil & gas, and food & beverages industries for the elimination of contaminants from the compressed air stream and maintaining the desired level of air dryness at varied temperatures has propelled the demand for compressed air filters and dryers in this region.

  5. MarketsandMarkets Presents Key Players Ingersoll Rand (US), Parker-Hannifin (US), and Donaldson Company (US) are some of the key manufacturers of Compressed Air Filters and Dryers in North America. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/air- compressor-filter-dryer-market-132465753.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/air-compressor- filter-dryer.asp

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