One alternative not yet mentioned is plumbing with actual air hose.

My buddies large bicycle shop is done that way, as there were enough
funky curves to make it worthwhile. He's got 10-12 outlets tee'd off of
a basement compressor.

My own shop has a centrally located 50 foot hose reel hanging from the
ceiling, with vinyl coated bicycle hooks strategically located. I just
pull the hose to where I need it and put it in some hooks to keep it out
of the way.

FWIW, the hooks are also great for temporary power cables, hanging
bungee pickups for handheld tool dust hoses, etc...