Europe Compressed Air Treatment Equipment Market Size to enlarge at $3.7bn by 2024

Graphical Research has reported the addition of the “Compressed Air Treatment Equipment Market: Europe Industry Analysis and Opportunity Assessment 2019 - 2024" report to their offering.

India - August 14, 2019 /MarketersMedia/ —

Developments in the food & beverage industry would significantly augment the growth in the Europe compressed air treatment equipment market. This is owing to the usage of the product to remove impurities from the air. Food & beverage industry requires high quality air for a wide range of applications such as packaging, cleaning, etc. The revenue generated in the food & beverage industry in Europe was around USD 33 billion in 2018 which is likely to increase to USD 46 billion by 2023. This industry would attain a growth rate of 8% in the coming years. The major growth in this industry is contributed by rising population, economic development and improving per capita income. Increasing demand for food & beverages will in turn augment the growth in the Europe compressed air treatment equipment market.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1230/sample

According to the Graphical Research new growth forecast report titled Europe Compressed Air Treatment Equipment Market By Product (Filters [Particulate Filter/ Pre-Filter, Coalescing Filter/ Oil Removal, Adsorber Filter/ Oil Vapor Removal, Filtered Centrifugal Separator, High Temperature After Filters, Moisture Separators], Dryers [Refrigerated Dryers, Desiccant Air Dryers, Membrane Dryers, Deliquescent Dryers], Aftercoolers), By End-User (Chemical, Paper, Food & Beverage, Healthcare, Automotive, Industrial, Steel, Construction, Aerospace, Electronics), By Application (Plant Air/ Shop Air, Instrument Air, Process Air, Breathing Air), Industry Analysis Report, Regional Outlook (Germany, UK, France, Spain, Italy, Netherlands, Belgium, Switzerland, Austria, Hungary, Poland, Romania, Czech Republic, Slovenia, Ukraine, Greece, Sweden, Denmark) determine to surpass USD 3.7 billion by 2024.

Dryers occupied the second largest share in the Europe compressed air treatment equipment market due to its extensive usage in various end-user industries. Refrigerated dryers offer compressed air that is suitable for various industrial plants due to its low operating and maintenance cost. Desiccant dryers are used to absorb water vapor from the high-pressure air stream. Although, they can achieve a low dew point, the product is associated with high initial cost.

Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1230/inquiry-before-buying

Plant air application segment is likely to grow at an annual growth rate of about 5% in the Europe compressed air treatment equipment market. Increasing stringent regulations in this region regarding air quality would increase the demand for compressed air treatment equipment in Europe. Clean, dry and contamination free compressed air in manufacturing plants helps in minimizing operational cost making the manufacturing process more efficient.

Electronics industry in Europe compressed air treatment equipment market is likely to generate a revenue of more than USD 300 million by the end of the study period. This is due to its increasing usage in the manufacturing process of semiconductors and electronic components. As the demand for contaminant free air in this industry has been rising, using these products will help in maintaining the quality of air. Semiconductor sales in Europe increased from USD 2.7 billion in January 2012 to USD 3.4 billion in January 2019. Such rising trend in the semiconductor industry would increase the requirement for compressed air treatment equipment in the coming years.

Key manufacturers in the Europe compressed air treatment equipment market includes Airfilter Engineering, Atlas Copco, Aerzener Maschinenfabrik GmbH, Beko Technologies Corp, Emerson Climate Technologies, Inc, etc.

Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1230/europe-compressed-air-treatment-equipment-market

Europe compressed air treatment equipment market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Segments Covered in this Report:

Europe Compressed Air Treatment Equipment Market Share, by Product

Filter
Particulate filter/pre-filter
Coalescing filter/oil removal
Adsorber filter/oil vapor removal
Filtered centrifugal separator
High temperature after filters
Moisture separators
Dryers
Particulate filter/pre-filter
Coalescing filter/oil removal
Adsorber filter/oil vapor removal
Filtered centrifugal separator
High temperature after filters
Moisture separators
Aftercoolers
Others

Europe Compressed Air Treatment Equipment Market Size, by Application
Plant air/shop air
Instrument air
Process air
Breathing air

Europe Compressed Air Treatment Equipment Market Value, by End-user
Chemical
Paper
Food & beverage
Healthcare
Automotive
Industrial
Steel
Construction
Aerospace
Electronics
Others

Browse key industry insights from this Report @ https://www.graphicalresearch.com/industry-insights/1230/europe-compressed-air-treatment-equipment-market

Related Reports:

Latin America Compressed Air Treatment Equipment Market : https://www.graphicalresearch.com/industry-insights/1231/latam-compressed-air-treatment-equipment-market

Asia Pacific Compressed Air Treatment Equipment Market : https://www.graphicalresearch.com/industry-insights/1228/asia-pacific-compressed-air-treatment-equipment-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Info:
Name: Parikhit B.
Email: Send Email
Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1230/europe-compressed-air-treatment-equipment-market

Source URL: https://marketersmedia.com/europe-compressed-air-treatment-equipment-market-size-to-enlarge-at-37bn-by-2024/88907889

Source: MarketersMedia

Release ID: 88907889

Latest News

At global summit, Trump facing limits of go-it-alone stance

Aug 24, 2019

BIARRITZ, France — President Donald Trump arrived Saturday in France for an international summit with the leaders of the globe's economic powers as he confronts the consequences of his preference for going it alone, both in a sharply divided United States and an interconnected world. The meeting of the Group of Seven nations — Britain, Canada, France, Germany, Italy, Japan and the U.S. — in the beach resort town of Biarritz comes at one of the most unpredictable moments in Trump's White House tenure, with his public comments and decision-making increasingly erratic and acerbic of late. Trump, growing more isolated...

US stocks fall sharply as US-China trade war escalates

Aug 24, 2019

Stocks tumbled on Wall Street after President Donald Trump said he "hereby ordered" U.S. companies to consider alternatives to doing business in China. He also said he would respond to Beijing's latest tariff increase later Friday. The Dow Jones Industrial Average sank nearly 500 points after the president made the announcements on Twitter. Trump also said he was "ordering" UPS, Federal Express and Amazon to block any deliveries from China of the powerful opiod drug fentanyl. The stocks of all three companies fell as traders tried to understand what the implications for them were. The developments mark the latest escalation...

Global stocks higher ahead of US Fed chairman's speech

Aug 24, 2019

BEIJING — Global stock markets rose Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in London, Frankfurt, Shanghai and Tokyo all advanced. Investors are looking to Jerome Powell's speech Friday for signs of direction on interest rates after two regional Fed presidents said they see no need for a change. Investors expect a cut in September, the Fed's second in three months, to shore up U.S. economic growth amid a tariff war with Beijing and weakening global growth. "Markets seem very clearly positioned for some very dovish guidance from...

Trump, G-7 leaders to open summit focused on world economy

Aug 24, 2019

WASHINGTON — President Donald Trump and other leaders of the world's most industrialized nations will open their annual G-7 summit over the weekend by discussing the global economy. White House officials said Thursday that the session was added to Sunday's schedule at the last minute at Trump's request. Trump insists the U.S. economy is strong despite fears that a recession may be on the horizon. At the same time, global economic growth has slowed due to weakness in Germany, Europe's largest economy, and a pronounced slowdown in China, the world's second-largest economy, as it remains locked in a tense trade...

Report shows US deficit to exceed $1 trillion next year

Aug 24, 2019

WASHINGTON — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this summer, the Congressional Budget Office reported. The return of $1 trillion annual deficits comes despite Trump's vow when running for office that he would not just balance the budget but pay down the entire national debt. "The nation's fiscal outlook is challenging," said Phillip Swagel, director of the nonpartisan CBO. "Federal debt, which is already high by historical standards, is on...

Broaden News
Search

Manage The Numbers is the world’s fastest-growing finance news website, featuring the latest money and market news, along with in-depth analysis so you can make the best decision.

Contact us: sales@managethenumbers.com

Subscribe to our newsletter!

Name

Email