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The report "Booster Compressor Market by Cooling Type (Air, Water), Stage (Single, Double, Multi), Pressure Rating (14-40 bar, 41-100, 101-350, >350), End use Industry (oil & gas, process, chemicals, power) and Region - Global Forecast to 2023", The booster compressor market is expected to grow from an estimated USD 1.92 Billion in 2018 to USD 2.39 Billion by 2023, at a CAGR of 4.50% during the forecast period. The booster compressor market is primarily driven by the growing investments in oil & gas exploration and increasing industrialization in developing economies. In addition, the modular design and the lower cost of booster compressors will drive the demand of the booster compressor market.<br>
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Booster Compressor Market by Value, by Region, by Segment, and Key Players 2017-2023 www.MarketsandMarkets.com
The report "Booster Compressor Market by Cooling Type (Air, Water), Stage (Single, Double, Multi), Pressure Rating (14-40 bar, 41-100, 101-350, >350), End use Industry (oil & gas, process, chemicals, power) and Region - Global Forecast to 2023", The booster compressor market is expected to grow from an estimated USD 1.92 Billion in 2018 to USD 2.39 Billion by 2023, at a CAGR of 4.50% during the forecast period. The booster compressor market is primarily driven by the growing investments in oil & gas exploration and increasing industrialization in developing economies. In addition, the modular design and the lower cost of booster compressors will drive the demand of the booster compressor market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=1902891
The oil & gas segment is expected to hold the largest share of the booster compressor market, by end-user, during the forecast period The oil & gas segment led the booster compressor market in 2017 and is projected to dominate the market during the forecast period. The booster compressor market for the oil & gas industry is driven by the growing investments in the industry. The investments are made in both upstream and midstream markets. The investment is driven by the growing demand for oil & gas in countries such as India and China. Booster compressors are used in different applications in the upstream and midstream industries such as hydrocarbon blanketing and gas boosting in the compression station. Thus, growing investments in the oil & gas sector create demand for booster compressors. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=1902891
Browse >> 72market data tables 36 figures 127 pagesand in-depth TOC on “Booster Compressor Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: The leading market for booster compressors Asia Pacific is projected to be the largest market for booster compressors during the forecast period. The major economies in the region such as China, India, and Australia are investing in the oil & gas industry in order to reduce their imports and meet their growing demand for oil & gas. The rising demand for oil & gas is attributed to the rapid industrialization in the region. The demand for natural gas in the region is increasing as countries such as China are diversifying their energy mix and moving toward natural gas to be used as a source for power generation. In addition, the petrochemical market in the region is rising driven by the growing oil & gas investments in the region. Booster compressors are used for different applications in this industry such as drilling activities in the oil & gas industry and air separation in the petrochemical industry. The growing investments in this industry is driving the booster compressor market in the region. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=1902891
Target Audience: • End-use industries such as oil & gas and petrochemical and chemical • Booster compressor manufacturers and suppliers • Government and research organizations • Institutional investors • Investment banks • National and local government organizations • OEM suppliers • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1902891
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • Atlas Copco • KaeserKompressoren • BogeKompressoren • SAUER Compressor • BAUER Kompressoren • Hitachi • Ingersoll Rand • Gardner Denver • BHGE • Idex Corporation • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1902891
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