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Refrigerated Air Dryer Market to Record Significant Revenue Growth During the Forecast Period 2022-2027

A report on the Refrigerated Air Dryer Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Refrigerated Air Dryer Market.

 

The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.

 

Market Analysis

Refrigerated Air Dryer Market is likely to witness an impressive CAGR of 6.3% during the forecast period. The considerable factors responsible for the significant growth in the market are growing number of manufacturing units in developing countries including India, China, Brazil, and Taiwan, growing usage of pneumatic conveying systems in the food processing industry, and also increasing number of hospitals with the need for advanced medical tools during the forecast period.

 

The Market is segmented by Product Type (Cycling, Non-Cycling, and Others), by Application Type (Chemical, Paper, Food & Beverages, Pharmaceutical, Healthcare, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

 

This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Refrigerated Air Dryer Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.

 

Report Features

The report delivers a detailed view of the industry based on global Refrigerated Air Dryer Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-

-        Market structure: Overview, industry life cycle analysis, supply chain analysis

-        Covid-19 Impact analysis.

-        Market environment analysis: Growth drivers and constraints, and SWOT analysis.

-        Market trend and forecast analysis.

-        Market segment trend and forecast.

-        Competitive landscape and dynamics: Market share, product launches, etc.

-        Attractive Market segments and associated growth opportunities.

-        Emerging trends.

-        Strategic growth opportunities for the existing and new players.

 

The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.

 

To know about the assumptions related to the report, Request for Free Sample here: https://www.stratviewresearch.com/Request-Sample/1238/refrigerated-air-dryer-market.html#form

 

Key Segments Refrigerated Air Dryer Market Report Covers:

Based on the product type, the market is segmented as cycling, non-cycling, and others. The cycling segment is estimated to account for the largest share of the market. The growth of the segment is attributed to its low energy consumption and maintaining dew point features during the entire process, which causes low maintenance cost. These products can be found in two energy-saving modes, the load/unload mode and the thermal bank mode. Basically, the integration of temperature and humidity sensors are used by these products which automate the refrigeration process.

 

Based on the application type, the market is segmented as chemical, paper, food & beverages, pharmaceutical, healthcare, and others. Food & beverage is estimated to be the dominant application type in the market owing to its growing usage in food processing and packaging plants. There are various applications such as filling, processing, and closing gable-top cartons in the food & beverage industry fueling the market growth. Further, chemical industry is estimated to witness considerable growth rate in the market during the forecast period, the growth being attributed to its ability to offer a clean medium for pneumatic conveying which transfers chemicals in granular, powdered, and pellet forms.

 

In terms of regions, North America is estimated to be the dominant region of the market owing to the growing number of food & beverage industries in the U.S. These products are utilized to enhance the quality of food by preventing any kind of contamination caused by moisture content. Further, Europe is expected to witness a significant growth rate during the forecast period, attributed to an increased demand across the medical sector, and various regulations on compressed air quality used in manufacturing processes, resulting in fueling the growth of the regional market. Asia-Pacific is also expected to offer substantial growth opportunities during the forecast period.

 

According to the report, brands or companies that are leading globally in this Market are –

  • Anest Iwata Corporation
  • Atlas Copco Group
  • BEKO Technologies GmbH
  • Donaldson Company, Inc.
  • Eaton Compressor
  • Gardner Denver, Inc.
  • Ingersoll Rand, Inc.
  • Kaesec Compressors Private Limited
  • Parker Hannifin Corporation
  • SPX Corporation (Deltech).

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About Us –

 

Stratviewresearch.com is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. Stratview Research possesses a global presence to enable current Market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. We survey clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.

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