1 / 4

Liquid Ring Compressors Market Revenues Pegged at 337 Million by 2026- Exclusive

The liquid ring compressors market size was USD 874 million in 2020 and is projected to reach USD 1,229 million by 2026; at a CAGR of 5.8% from 2021 to 2026, owing to rising gas transportation sector. The oil & gas segment is the biggest application for liquid ring compressors. The growing investments in the crude oil industry is expected to drive the use of liquid ring compressors.

jackmartin
Download Presentation

Liquid Ring Compressors Market Revenues Pegged at 337 Million by 2026- Exclusive

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Liquid Ring Compressors Market Worth $337 Million by 2026- Exclusive Report by MarketsandMarkets™ Liquid Ring Compressors Market by Type (Single-stage, Two-stage), Material Type (Stainless Steel, Cast Iron), Flow Rate (25 – 600 M3H; 600 – 3,000 M3H; 3,000 – 10,000 M3H; Over 10,000 M3H), Application, and Region - Global Forecast The global "Liquid Ring Compressors Market size was USD 874 million in 2020 and is projected to reach USD 1,229 million by 2026; it is expected to grow at a CAGR of 5.8% from 2021 to 2026, owing to the increasing global energy consumption and steadily rising gas transportation sector. Request a Report Sample to Gain Valuable Insights at https://www.marketsandmarkets.com/requestsampleNew.asp?id=264817142 By type, two-stage is the fastest-growing segment during the forecast period of 2021 to 2026. The significant growth in the pharmaceutical industry will lead to an increase in the demand for liquid ring compressors. By type, the two-stage pumps are more efficient at much higher vacuum levels. Also, they are better suited for handling solvents at much higher levels of vacuum.

  2. By flow rate, 3000-10,000 m3/h segment is projected to grow at the highest CAGR during the forecast period The liquid ring compressors with a flow rate of 3,000-10,000 m3/h are considered medium capacity liquid ring compressors. Medium capacity liquid ring compressors are used in diverse applications across industries such as oil & gas and petrochemical & chemical. High demand from pulp & paper, oil & gas, power generation, and chemical industries is expected to fuel the growth of this segment. Share Your Requirements & Get Customized Reports at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=264817142 North America is expected to be the second-largest market in 2020, in terms of value

  3. North America is expected to be the second-largest market for liquid ring compressors during the forecast period. There is an increasing demand for liquid ring compressors from water and wastewater treatment plants in the region. Also, industries such as food & beverage, chemical processing, and pharmaceutical are driving the demand for liquid ring compressors in the region. The key market players include Busch Vacuum Solutions (Germany), Flowserve Corporation (US), Atlas Copco (Sweden), Ingersoll Rand (US), DEKKER Vacuum Technologies, Inc. (US), Graham Corporation (US), Cutes Corp. (Taiwan), Zibo Zhaohan Vacuum Pump Co., Ltd (China), OMEL (Brazil), and Speck (Germany). These players have adopted product launches, agreements, acquisitions, mergers & acquisitions, and expansions as their growth strategies. Request for Bundle Report at https://www.marketsandmarkets.com/RequestBundleReport.asp?id=264817142 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC.

  4. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related