© 2017 Global Market Insights, Inc. USA. All Rights Reserved Membrane Air Dryers Market Growth Outlook With Industry Review and Forecasts
Increasing industrial development activities in emerging economies owing to strong legislative decisions taken to attract FDI is one of the prominent factors influencing the global membrane air dryer market growth in positive manner. Growing demand of consumer goods and home appliances due to rising disposable income of the population has given boost to general manufacturing sector in Latin America & Asia Pacific. These trends are expected to follow due to easy availability of skilled labour and favourable regulations in the emerging countries, which will increase investments in end-use industries such as chemical, oil & gas, general manufacturing, food & beverage, etc. Various advantages of membrane air dryers such as compact design, light weight and no moving parts makes it suitable to be used in precision machining, laboratory, analytical equipment. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Market Scenario of Construction Industry
Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved These are also used to provide dehumidified air in plants as well as for medical purposes. Increasing investment in R&D activities by different end-user industries to optimize their operations will catapult the product demand as these are used in various industrial instruments. Based on end-use, membrane air dryers market is categorized into chemical, oil & gas, medical, food & beverage, electronics, general manufacturing, etc. Among these, oil & gas sector accounts about a tenth of the global product market. Membrane air dryers require no electricity hence can be easily used in remote offshore oil rigs and in oil well logging equipment.
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Competitive Analysis: The key players in the market are Donaldson Company, Graco Inc., Parker Hannifin Corporation, Kaeser Kompressoren, Omega Air, Gardner Denver, Atlas Copco, Hankison, Ingersoll-Rand, Bellex International, Walmec, etc.Membrane air dryers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2014 to Regional Analysis: On the basis of region, North America will witness a CAGR of around 4% over the forecast timeframe. Increasing spending in healthcare sector along with stringent health, safety and environment standards in order to reduce occupational respiratory diseases will boost the product demand in the region. The membrane air dryers are also used in various food packaging machines and equipment to provide nitrogen for food applications. The rising demand for convenience food in the region will also create favourable conditions for the product market over coming years.
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