An aftercooler is a device that cools the air discharged from air compressors. Aftercoolers help remove condensed moisture from air compressors. Most aftercoolers use cold water or cooler ambient air to remove heat from the compressed air. Aftercoolers help reduce the water vapor in the compressed air and condense the water vapor into liquid form. Aftercoolers are also known as inter-coolers. There are two types of aftercoolers: air-cooled and water-cooled. Aftercoolers are preferred due to their durability, minimum maintenance, high performance, and long service life. Air-cooled aftercoolers can cool the compressed air within 5°F to 20°F range of the ambient temperature. Water-cooled aftercoolers can cool the compressed air within 15°F of the ambient temperature. The aftercoolers market is expected to expand at a considerable pace in the near future.
Increase in the demand for compressed air treatment systems, growing automation and development of energy-efficient mechanisms, and rise in the requirement for pure air, particularly in the food packaging sector, are expected to drive the global aftercoolers marketduring the forecast period. In addition, several manufacturing companies are enhancing their procedures with the implementation of automation. Moreover, other factors such as highly energy-efficient, and eco-friendly operations, portability, low maintenance cost, and capacity to provide variations in the supplied pressure, are anticipated to augment the global aftercoolers market during the forecast period. Furthermore, rising use of aftercoolers across various sectors such as food & beverages and pharmaceutical is expected to propel the marketin the next few years. Stationary air compressors have a capacity to throw air in high volume. Hence, compressed air aftercoolers are critical to work in synchronization with stationary air compressors. This factor is projected to improve revenue growth of the global aftercoolers market. In certain countries, governments have updated rules and regulations regarding waste management for several industries. Moreover, growing industrialization and liberalization is expected to drive the global aftercoolers market in the next few years. However, limited performance of aftercoolers is one of the major factors likely to hinder the global aftercoolers marketin the near future. In addition, possibility of contamination, high costs of raw materials, bulky size, high energy consumption, and noise pollution are expected to restrain the global aftercoolers market in the next few years. Nevertheless, increase in the demand for dry, clean, sterile, and oil-free compressed air in various industries such as pharmaceutical, and food & beverages is expected to offer significant opportunities to the market during the forecast period. Moreover, surging demand for highly efficient and eco-friendly products is anticipated to create a lucrative opportunity for the aftercoolers market in the next few years.
The global aftercoolers market can be segmented based on type, application, end-use industry, and region. Based on type, the market can be segmented into air-cooled and water-cooled. In terms of application, the market can be divided into turbine coolers, portable aftercoolers, filter pre-coolers, and turbine pro-filters. Based on end-use industry, the market can be categorized into air compressor aftercoolers and gas compressor aftercoolers. Based on region, the global aftercoolers market can be classified into North America (U.S., Canada, and Mexico), Europe (Germany, the U.K., Italy, France, Russia, Poland, and Spain), Asia Pacific (China, Japan, India, South Korea, Australia, Singapore, Malaysia, and Indonesia), Middle East & Africa, and South America.
Major players operating in the global aftercoolers market include Ingersoll Rand, Cummins, Fs Elliott, Caterpillar, Federal Mogul, Versatile International Corporation, and Gardner Denver. With an increase in competitiveness in the market, top companies are expanding their R&D facilities so as to develop reliable, and superior products. Moreover, key players are looking forward to developing aftercoolers with new technologies and introducing those in the market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.