Market Analysis and Insights: Global Process Gas Compressor Market

Process Gas Compressor is mechanical device that increases the pressure of process gas such as argon, ethylene, fluorine, helium, hydrogen, oxygen, neon, nitrogen, silane, TFE, xenon and other gases, by reducing its volume. Compressors are similar to pumps: both increase the pressure on a fluid and both can transport the fluid through a pipe. As gases are compressible, the compressor also reduces the volume of a gas.

Due to the COVID-19 pandemic, the global Process Gas Compressor market size is estimated to be worth US$ 4900.3 million in 2022 and is forecast to a readjusted size of US$ 6190.5 million by 2029 with a CAGR of 3.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Centrifugal accounting for % of the Process Gas Compressor global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Natural Gas Industry segment is altered to an % CAGR throughout this forecast period.

The top 3 of global Process Gas Compressor are Atlas Copco, Ingersoll Rand and ARIEL, with 33% market shares. Europe is the largest consumption place, with a consumption market share nearly 38%. Following Europe, North America is the second largest consumption place with the consumption market share of 35%.

Global Process Gas Compressor Scope and Market Size

The global Process Gas Compressor market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Process Gas Compressor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Centrifugal

Reciprocating

Screw

Others


Segment by Application


Natural Gas Industry

Petro Chemical Industry

Coal Chemical Industry

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Atlas Copco

Ingersoll Rand

ARIEL

GE

Dresser-Rand

Burckhardt

Gardner Denver

Accudyne

Kobelco

Blower works

Shenyang Yuanda

Wuxi Compressor

ShaanGu

CIMC Enric

Sichuan Jinxing

Chongqing Gas

Beijing Jingcheng