Screw Compressor Market Size, Share and Forecast 2026
The global screw compressor market was worth XX million in 2018 and is forecasted to reach XX million by 2026, growing at a CAGR of XX% during the forecast period (2019-2026).
(EMAILWIRE.COM, September 04, 2019 ) Market Overview
• Screw compressors are a type of gas compressors that operate on the principle of the rotary positive displacement mechanism, generally used in operations requiring large volumes of high-pressure air for large industrial applications or to operate high-power air tools.
Market Segmentation
• The product segments of screw compressors market are –oil-injected screw compressors and oil-free screw compressors.
• The oil-injected segment holds significant market share owing to the high demand in major end-user sectors such as the chemicals & petrochemicals, metallurgy and mining, and other industries such as automotive and oil & gas. The industries employ the use of oil-injected screw compressors for an extended period owing to longer service life and lower capital cost of end-products.
• However, the risk of water and air pollution through the discharge of oil carryover into wastewater might hamper the demand during the forecast period.
• By end-user, the market is segmented into manufacturing, chemicals & petrochemicals, metallurgy and mining, power plants, and others. The manufacturing sector such as the automotive and pharmaceutical industries account for a significant market share owing to the growing demand for end-products and imminent need to increase production volume to meet growing demand.
Geographical Analysis
The market is segmented geographically by region into
• North America,
• South America,
• Europe,
• Asia-Pacific,
• Rest of the World (RoW).
Company profiles
The significant market players include
• Atlas Copco AB,
• Gardner Denver, Inc.,
• Kaeser Kompressoren SE,
• Others and Siemens AG.
Market Key Takeaways
• The oil-injected segment holds significant overall market share owing to the high demand in major end-user sectors such as the chemicals & petrochemicals, and metallurgy and mining, owing to longer service life and lower capital cost of end-products.
• North America is the leading geographical segment owing to increased use of screw compressors in manufacturing, chemical & petrochemical, and power sector and presence of key market players expanding business through mergers and acquisitions.
• The companies are looking to expand the product portfolio by following the strategy of business acquisitions. For instance, in January 2019, Atlas Copco AB acquired German Industrie Pumpen Vertriebs GmbH (IPV) based in Dresden in Germany with the main focus in the chemical industry.
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About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• Screw compressors are a type of gas compressors that operate on the principle of the rotary positive displacement mechanism, generally used in operations requiring large volumes of high-pressure air for large industrial applications or to operate high-power air tools.
Market Segmentation
• The product segments of screw compressors market are –oil-injected screw compressors and oil-free screw compressors.
• The oil-injected segment holds significant market share owing to the high demand in major end-user sectors such as the chemicals & petrochemicals, metallurgy and mining, and other industries such as automotive and oil & gas. The industries employ the use of oil-injected screw compressors for an extended period owing to longer service life and lower capital cost of end-products.
• However, the risk of water and air pollution through the discharge of oil carryover into wastewater might hamper the demand during the forecast period.
• By end-user, the market is segmented into manufacturing, chemicals & petrochemicals, metallurgy and mining, power plants, and others. The manufacturing sector such as the automotive and pharmaceutical industries account for a significant market share owing to the growing demand for end-products and imminent need to increase production volume to meet growing demand.
Geographical Analysis
The market is segmented geographically by region into
• North America,
• South America,
• Europe,
• Asia-Pacific,
• Rest of the World (RoW).
Company profiles
The significant market players include
• Atlas Copco AB,
• Gardner Denver, Inc.,
• Kaeser Kompressoren SE,
• Others and Siemens AG.
Market Key Takeaways
• The oil-injected segment holds significant overall market share owing to the high demand in major end-user sectors such as the chemicals & petrochemicals, and metallurgy and mining, owing to longer service life and lower capital cost of end-products.
• North America is the leading geographical segment owing to increased use of screw compressors in manufacturing, chemical & petrochemical, and power sector and presence of key market players expanding business through mergers and acquisitions.
• The companies are looking to expand the product portfolio by following the strategy of business acquisitions. For instance, in January 2019, Atlas Copco AB acquired German Industrie Pumpen Vertriebs GmbH (IPV) based in Dresden in Germany with the main focus in the chemical industry.
View full sample: https://www.datamintelligence.com/research-report/screw-compressor-market
Download free sample: https://www.datamintelligence.com/download-sample/screw-compressor-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results