Booster Compressor Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Booster Compressor market is accounted for $1.89 billion in 2017 and is expected to reach $3.35 billion by 2026 growing at a CAGR of 6.6% during the forecast period.

Industrialization in rising economies is likely to drive demand for booster compressor and growing investments in the oil & gas industries are some of the factors triggering the growth of the market. However, accessibility of alternative tools and adherence to strict quality standards are some of the factors hindering the market growth.

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Booster Compressor delivers high-pressure air, saving about 35% power, compared to conventional high-pressure compressors. These are on perfect choice for Polyethylene terephthalate (PET) bottling applications whereas high pressure compressed air is required. It provides a way to boost to the pressure of air within the system without the need for purchasing expensive new equipment.

Depending on the end users, the oil & gas segment is top growing, during the forecast period due to rising investments in the upstream market. In addition, it is used in different applications in the upstream market such as nitrogen production, hydrocarbon blanketing and air separation. As a result, these investments in the upstream activity create the necessity for booster compressors.

By geography, Asia Pacific is anticipated to be the largest market for booster compressors during the projected period due to high demand for oil & gas and due to the quick development in manufacturing industries. The major economies in this region such as China, India and Australia are investing greatly in oil & gas, mainly to decrease their imports.

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Some of the key players profiled in the Booster Compressor market include Kaeser Kompressoren, Ingersoll Rand, Idex Corporation, Hitachi, Haskel, Gardner Denver, Boge Kompressoren, BHGE, Bauer Kompressoren, Atlas Copco, SAUER Compressor and Maximator.

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Compression Stages Covered:
• Multistage
• Double stage
• Single stage

Cooling Types Covered:
• Water-cooled
• Air-cooled

Pressures Covered:
• Above 351 bar
• 101–350 bar
• 41–100 bar
• 14–40 bar

End Users Covered:
• Chemical & Petrochemical
• Oil & Gas
• Power Generation
• Process Industry
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
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Website: http://www.strategymrc.com

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Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
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