Refrigerated Air Dryer Market Worth $1.59 Billion By 2022
The global Refrigerated Air Dryer Market is expected to reach USD 1.59 billion by 2022, according to a new report by Grand View Research, Inc. It is primarily accredited to several benefits offered, such as the low operating & maintenance cost as well low initial capital investment. The capability to provide variation, high-energy efficiency, portability, low maintenance cost, and eco-friendly operations are other key factors projected to fuel the industrial demand for refrigerated air dryers over the next seven years. Furthermore, the escalating need for purified air in applications such as food packaging is projected to expedite the demand for air compression gears, thereby complementing the Refrigerated Air Dryer Market growth. The growing need for refrigerated air drying equipment in pharmaceutical industries for oxidation processes, packaging, cleaning & conveying pills, as well as tablets & capsules is also expected to fuel market demand over the next seven years. Furthermore, several regulations imposed and standards set by the government & concerned authorities, such as The NFPA 99 (National Fire Protection Agency) Standard for Healthcare Facilities, is also expected to propel the adoption of refrigerated air dryers. In addition, Food and Drug Association (FDA) enforced regulations for eradicating polluted air containing indirect additives under 12CFR 11.40, which is anticipated to impact the Refrigerated Air Dryer Market growth favorably over the forecast period. View summary of this report @ analysis/refrigerated-air-dryers-market
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Asia Pacific Refrigerated Air Dryer Market by application, 2012 – 2022 (USD Million)
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Refrigerated air dryers - Industry snapshot & key buying criteria, 2012 2022 Chapter 3. Refrigerated Air Dryers Industry Outlook 3.1. Refrigerated Air Dryer Market segmentation 3.2. Market size and growth prospects 3.3. Refrigerated air dryers value chain analysis 3.4. Refrigerated Air Dryer Market dynamics 3.4.1. Market driver analysis 3.4.1.1. Incorporation of sensor technology 3.4.1.2. Large scale industrialization in countries including China and India 3.4.2. Market restraint analysis 3.4.2.1. Increasing electricity prices 3.5. Key opportunities prioritized 3.6. Refrigerated air dryers- Porter's analysis 3.7. Refrigerated air dryers - PESTEL analysis
Chapter 4. Refrigerated Air Dryers Product Outlook 4.1. Cycling 4.1.1. Market estimates and forecasts by region, 2012 - 2022 4.2. Non-cycling 4.2.1. Market estimates and forecasts by region, 2012 - 2022 4.3. Others 4.3.1. Market estimates and forecasts by region, 2012 - 2022 Chapter 5. Refrigerated Air Dryers Application Outlook 5.1. Chemical 5.1.1. Market estimates and forecasts by region, 2012 - 2022 5.2. Paper 5.2.1. Market estimates and forecasts by region, 2012 - 2022 5.3. Food & beverages 5.3.1. Market estimates and forecasts by region, 2012 - 2022 5.4. Pharmaceutical 5.4.1. Market estimates and forecasts by region, 2012 - 2022 5.5. Healthcare 5.5.1. Market estimates and forecasts by region, 2012 - 2022 5.6. Others 5.6.1. Market estimates and forecasts by region, 2012 - 2022 Chapter 6. Refrigerated Air Dryers Regional Outlook 6.1. North America 6.1.1. Market estimates and forecasts by product, 2012 - 2022 6.1.2. Market estimates and forecasts by application, 2012 - 2022 6.1.3. U.S. 6.1.3.1. Market estimates and forecasts by product, 2012 - 2022 6.1.3.2. Market estimates and forecasts by application, 2012 - 2022 6.1.4. Canada 6.1.4.1. Market estimates and forecasts by product, 2012 - 2022 6.1.4.2. Market estimates and forecasts by application, 2012 - 2022 6.1.5. Mexico 6.1.5.1. Market estimates and forecasts by product, 2012 - 2022 6.1.5.2. Market estimates and forecasts by application, 2012 - 2022 6.2. Europe 6.2.1. Market estimates and forecasts by product, 2012 - 2022 6.2.2. Market estimates and forecasts by application, 2012 - 2022 6.2.3. Germany 6.2.3.1. Market estimates and forecasts by product, 2012 - 2022 6.2.3.2. Market estimates and forecasts by application, 2012 - 2022
6.2.4. UK 6.2.4.1. Market estimates and forecasts by product, 2012 - 2022 6.2.4.2. Market estimates and forecasts by application, 2012 - 2022 6.3. Asia Pacific 6.3.1. Market estimates and forecasts by product, 2012 - 2022 6.3.2. Market estimates and forecasts by application, 2012 - 2022 6.3.3. China 6.3.3.1. Market estimates and forecasts by product, 2012 - 2022 6.3.3.2. Market estimates and forecasts by application, 2012 - 2022 6.3.4. India 6.3.4.1. Market estimates and forecasts by product, 2012 - 2022 6.3.4.2. Market estimates and forecasts by application, 2012 - 2022 6.3.5. Japan 6.3.5.1. Market estimates and forecasts by product, 2012 - 2022 6.3.5.2. Market estimates and forecasts by application, 2012 - 2022 6.4. RoW 6.4.1. Market estimates and forecasts by product, 2012 - 2022 6.4.2. Market estimates and forecasts by application, 2012 - 2022 6.4.3. Brazil 6.4.3.1. Market estimates and forecasts by product, 2012 - 2022 6.4.3.2. Market estimates and forecasts by application, 2012 - 2022 Chapter 7. Competitive Landscape 7.1. Anest Iwata Corporation 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. Atlas Copco Group 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. Beko Technologies 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.4. Donaldson Company 7.1.1. Company Overview
7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.5. Eaton Compressors and Fabrication, Inc. 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. Gardner Denver Inc. 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. Ingersoll Rand Inc. 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. Kaeser Compressors, Inc. 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. MTA. 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.9.4. Strategic Initiatives 7.10. Parker Hannifin Corporation 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives 7.11. SPX Corporation (Deltech) 7.11.1. Company Overview 7.11.2. Financial Performance 7.11.3. Product Benchmarking 7.11.4. Strategic Initiatives 7.12. Risheng
7.12.1. Company Overview 7.12.2. Financial Performance 7.12.3. Product Benchmarking 7.12.4. Strategic Initiatives
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List of Tables TABLE 1 Refrigerated dryers - Industry snapshot& key buying criteria, 2012 - 2022 TABLE 2 Refrigerated Air Dryer Market, 2012 - 2022 (USD Million, Thousand Units) TABLE 3 Refrigerated Air Dryer Market by region, 2012 - 2022 (USD Million) TABLE 4 Refrigerated Air Dryer Market by region, 2012 - 2022 (Thousand Units) TABLE 5 Refrigerated Air Dryer Market by product, 2012 - 2022 (USD Million) TABLE 6 Refrigerated Air Dryer Market by product,, 2012 - 2022 (Thousand Units) TABLE 7 Refrigerated Air Dryer Market by application, 2012 - 2022 (USD Million) TABLE 8 Refrigerated Air Dryer Market by application, 2012 - 2022 (USD Million) TABLE 9 Refrigerated air dryers -Key market driver impact TABLE 10 Refrigerated air dryers -Key market restraint impact TABLE 11 Cycling refrigerated air dryers demand, 2012 - 2022 (USD Million, Thousand Units) TABLE 12 Cycling refrigerated air dryers demand by region, 2012 - 2022 (USD Million) TABLE 13 Cycling refrigerated air dryers demand by region, 2012 - 2022 (Thousand Units) TABLE 14 Non-cycling refrigerated air dryers demand, 2012 - 2022 (USD Million, Thousand Units) TABLE 15 Non-cycling refrigerated air dryers demand by region, 2012 - 2022 (USD Million) TABLE 16 Non-cycling refrigerated air dryers demand by region, 2012 - 2022 (Thousand Units) TABLE 17 Other refrigerated air dryers demand, 2012 - 2022 (USD Million, Thousand Units) TABLE 18 Other refrigerated air dryers demand by region, 2012 - 2022 (USD Million) TABLE 19 Other refrigerated air dryers demand by region, 2012 - 2022 (Thousand Units) TABLE 20 Refrigerated Air Dryer Market demand in chemical industry, 2012 - 2022 (USD Million, Thousand Units) TABLE 21 Refrigerated Air Dryer Market demand in chemical industry by region, 2012 - 2022 (USD Million) TABLE 22 Refrigerated Air Dryer Market demand in chemical industry by region, 2012 - 2022 (Thousand Units) TABLE 23 Refrigerated Air Dryer Market demand in paper industry, 2012 - 2022 (USD Million, Thousand Units) TABLE 24 Refrigerated Air Dryer Market demand in paper industry by region, 2012 - 2022 (USD Million)
TABLE 25 Refrigerated Air Dryer Market demand in paper industry by region, 2012 - 2022 (Thousand Units) TABLE 26 Refrigerated Air Dryer Market demand in food & beverage industry, 2012 - 2022 (USD Million, Thousand Units) TABLE 27 Refrigerated Air Dryer Market demand in food & beverage industry by region, 2012 - 2022 (USD Million) TABLE 28 Refrigerated Air Dryer Market demand in food & beverage industry by region, 2012 - 2022 (Thousand Units) TABLE 29 Refrigerated Air Dryer Market demand in pharmaceutical industry, 2012 - 2022 (USD Million, Thousand Units) TABLE 30 Refrigerated Air Dryer Market demand in pharmaceutical industry by region, 2012 2022 (USD Million) TABLE 31 Refrigerated Air Dryer Market demand in pharmaceutical industry by region, 2012 2022 (Thousand Units) TABLE 32 Refrigerated Air Dryer Market demand in healthcare industry, 2012 - 2022 (USD Million, Thousand Units) TABLE 33 Refrigerated Air Dryer Market demand in healthcare industry by region, 2012 - 2022 (USD Million) TABLE 34 Refrigerated Air Dryer Market demand in healthcare industry by region, 2012 - 2022 (Thousand Units) TABLE 35 Refrigerated Air Dryer Market demand in other industries, 2012 - 2022 (USD Million, Thousand Units) TABLE 36 Refrigerated Air Dryer Market demand in other industries by region, 2012 - 2022 (USD Million) TABLE 37 Refrigerated Air Dryer Market demand in other industries by region, 2012 - 2022 (Thousand Units) TABLE 38 North America market by product, 2012 - 2022 (USD Million) TABLE 39 North America market by product, 2012 - 2022 (Thousand Units) TABLE 40 North America market by application, 2012 - 2022 (USD Million) TABLE 41 North America market by application, 2012 - 2022 (Thousand Units) TABLE 42 U.S. market by product, 2012 - 2022 (USD Million) TABLE 43 U.S. market by product, 2012 - 2022 (Thousand Units) TABLE 44 U.S. market by application, 2012 - 2022 (USD Million) TABLE 45 U.S. market by application, 2012 - 2022 (Thousand Units) TABLE 46 Canada market by product, 2012 - 2022 (USD Million) TABLE 47 Canada market by product, 2012 - 2022 (Thousand Units) TABLE 48 Canada market by application, 2012 - 2022 (USD Million) TABLE 49 Canada market by application, 2012 - 2022 (Thousand Units) TABLE 50 Mexico market by product, 2012 - 2022 (USD Million) TABLE 51 Mexico market by product, 2012 - 2022 (Thousand Units) TABLE 52 Mexico market by application, 2012 - 2022 (USD Million) TABLE 53 Mexico market by application, 2012 - 2022 (Thousand Units) TABLE 54 Europe market by product, 2012 - 2022 (USD Million) TABLE 55 Europe market by product, 2012 - 2022 (Thousand Units) TABLE 56 Europe market by application, 2012 - 2022 (USD Million)
TABLE 57 Europe market by application, 2012 - 2022 (Thousand Units) TABLE 58 UK market by product, 2012 - 2022 (USD Million) TABLE 59 UK market by product, 2012 - 2022 (Thousand Units) TABLE 60 UK market by application, 2012 - 2022 (USD Million) TABLE 61 UK market by application, 2012 - 2022 (Thousand Units) TABLE 62 Germany market by product, 2012 - 2022 (USD Million) TABLE 63 Germany market by product, 2012 - 2022 (Thousand Units) TABLE 64 Germany market by application, 2012 - 2022 (USD Million) TABLE 65 Germany market by application, 2012 - 2022 (USD Million) TABLE 66 Asia Pacific market by product, 2012 - 2022 (USD Million) TABLE 67 Asia Pacific market by product, 2012 - 2022 (Thousand Units) TABLE 68 Asia Pacific market by application, 2012 - 2022 (USD Million) TABLE 69 Asia Pacific market by application, 2012 - 2022 (Thousand Units) TABLE 70 China market by product, 2012 - 2022 (USD Million) TABLE 71 China market by product, 2012 - 2022 (Thousand Units) TABLE 72 China market by application, 2012 - 2022 (USD Million) TABLE 73 China market by application, 2012 - 2022 (Thousand Units) TABLE 74 India market by product, 2012 - 2022 (USD Million) TABLE 75 India market by product, 2012 - 2022 (Thousand Units) TABLE 76 India market by application, 2012 - 2022 (USD Million) TABLE 77 India market by application, 2012 - 2022 (Thousand Units) TABLE 78 India market by product, 2012 - 2022 (USD Million) TABLE 79 Japan market by product, 2012 - 2022 (Thousand Units) TABLE 80 Japan market by application, 2012 - 2022 (USD Million) TABLE 81 Japan market by application, 2012 - 2022 (Thousand Units) TABLE 82 RoW market by product, 2012 - 2022 (USD Million) TABLE 83 RoW market by product, 2012 - 2022 (Thousand Units) TABLE 84 RoW market by application, 2012 - 2022 (USD Million) TABLE 85 RoW market by application, 2012 - 2022 (USD Million) TABLE 86 Brazil market by product, 2012 - 2022 (USD Million) TABLE 87 Brazil market by product, 2012 - 2022 (Thousand Units) TABLE 88 Brazil market by application, 2012 - 2022 (USD Million) TABLE 89 Brazil market by application, 2012 - 2022 (Thousand Units)
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List of Figures FIG. 1 Refrigerated Air Dryer Market segmentation FIG. 2 Refrigerated Air Dryer Market, 2012 - 2022 (USD Million)
FIG. 3 Refrigerated air dryer value chain analysis FIG. 4 Refrigerated Air Dryer Market dynamics FIG. 5 Industrial sector as a percentage of GDP FIG. 6 Electricity prices in 2015 (USD per KW) FIG. 7 Key opportunities prioritized FIG. 8 Refrigerated air dryer - Porter’s analysis FIG. 9 Refrigerated air dryer- PESTEL analysis FIG. 10 Refrigerated Air Dryer Market share by product, 2014 & 2022 FIG. 11 Refrigerated Air Dryer Market share by application, 2014 & 2022 FIG. 12 Refrigerated Air Dryer Market share by region, 2014 & 2022
Further key findings from the report suggest:
Cycling dryers accounted for over 40% of the overall volume in 2014 and are expected to witness a substantial growth at a CAGR exceeding 8.0% from 2015 to 2022. This increase is ascribed to the deployment of advanced sensors technology in the newly developed products that automate the entire air drying process. The chemical application segment captured a sizeable market share accounting for over 20% of the overall revenue in 2014. It is owing to the development of innovative chemical products such as biodegradable plastic, wherein these facilities call for compressed air drying equipment. The demand in the food & beverages industry exceeded USD 200.0 million in 2014 on account of the stringent regulations and standards imposed on food manufacturing & processing industries. In 2014, the pharmaceutical segment accounted for over 10% of the overall shipments. It is attributed to an upsurge in demand for treated compressed air in clean rooms and pneumatic systems that convey drugs in powder form. The Asia Pacific market accounted for over 30% of the overall share in 2014 and is estimated to exhibit healthy growth over the forecast period due to the growing industrialization in this region, particularly in China and India The evolving consumer lifestyle in North America is expected to drive a healthy demand for processed food, thereby driving the product demand. Furthermore, the establishment of new food processing industries in the U.S. may open avenues for product manufacturers. The key industry participants include Atlas Copco Group, Donaldson Company, Eaton Compressors and Fabrication, Inc., Gardner Denver Inc., Ingersoll Rand Inc., and Parker Hannifin Corporation. Companies focus on providing products with value-added services, such as international warranties and customized solutions, to gain competitive advantage.
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Grand View Research has segmented the global refrigerated air dryer market based on product, application, and region: Refrigerated Air Dryer Product Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)
Cycling Non-Cycling Others
Refrigerated Air Dryer Application Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)
Chemical Paper Food & Beverages Pharmaceutical Healthcare Others
Refrigerated Air Dryer Regional Outlook (Revenue, USD Million, Volume, Thousand Units; 2012 – 2022)
North America Europe Asia Pacific RoW
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