As per a study by Fact.MR, the global desiccant air breathers market is forecast to reach a valuation of around US$ 1.2 Bn at a CAGR of approximately 6% over the assessment period 2021-2031. According to the study, the demand for desiccant air breathers is rising primarily because of their anti-rusting property along with low-budget maintenance on component wear and tear.
Evolving wind and solar energy as a source of electricity is one of the driving factors contributing towards the expansion of the desiccant air breathers market.
Increasing use of desiccant air breathers across a wide range of industrial applications, including industrial gear boxes, hydraulic equipment, and storage tanks is contributing towards ramping up industrialization in regions such as Asia Pacific and North America. This is further propelling the growth of desiccant air breathers market.
Increasing use of desiccant air breathers in vacuum pumps and other heavy industrial equipment has stipulated the market growth. Also, persistent use of desiccant air breathers has resulted in increasing the overall lifespan of products.
“With accelerated growth of high tech industries and novel innovations in the automotive, electrical sectors, desiccant air breathers with cutting-edge features such as contamination, moisture identification and others will be high in demand,” said a lead analyst at Fact.MR.
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Key Takeaways
Prominent Drivers
Key Restraints
Competitive Landscape
Leading players operating in the market profiled by Fact.MR are Bosch Rexroth Corporation, US Lubricants, Des-Case, Donaldson Company, Inc., Drytech Inc., Lubrication Engineers, Eaton, Heritage-Crystal Clean, Pall Corporation, AGM Container Controls Inc., STAUFF CORPORATION PTY LTD, MP FILTRI SPA, Trico Corporation, Whitmore Manufacturing Ltd.
The market players are aiming to gain competitive edge by investing in modern innovation programs. They are employing organic and inorganic marketing strategies to achieve the goal.
They also are prioritizing new product development to consolidate their market position. They are also engaging in forming strategic alliances, merger and acquisitions to expand their global reach.
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More Valuable Insights On Desiccant Air Breather Market
Fact.MR, in its new report, offers an unbiased analysis of the global desiccant air breather market, analyzing forecast statistics through 2021 and beyond. The study reveals growth projections on desiccant air breather market on the basis various segments. These are:
Silica Content
Max. Water Capacity
Working Environment
Application
End Use
Region
Key Questions Covered In The Report
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