How Turbo Expanders Are Changing The Industry

1. Turbo Expanders Market Turbo Expanders Market to 2027 - Global Analysis and Forecasts by Loading Device (Compressor, Generator, and Oil Brake); Application (Hydrocarbon, Air Separation, and Others); and End-User (Oil & Gas, Power Generation, and Industrial)

2. Turbo Expanders Market The global turbo expanders market is expected to grow to US$ 570.08 Mn by 2027 from US$ 302.05 Mn in 2017, growing at a CAGR of 6.7%. Turbo-expanders are increasingly used for industrial applications such as low-temperature process requirements and liquefaction. Further, turbo-expanders also help in the processes including extraction of natural-gas liquids and ethane from natural gas. The rise in the food processing industry across the world demands installations of large refrigeration systems at the manufacturing as well as distribution plants. Industrial refrigeration systems today are being used in a plethora of industries today that include food processing, chemicals industry, fishing & meat packing industry, the pharmaceutical industry, process industry, and the oil & gas industry. All these industries have significant contributions to drive the turbo expanders market. The installations of turbo-expanders along with the refrigerators enable an increase in the energy efficiencies significantly and thereby mandate their integrations. Refrigeration is vital for reducing post-harvest and post-slaughtering losses and in the preservation of food products. As refrigeration maintains food safety, nutritional and organoleptic qualities, it has become fundamental for the food processing industry.

3. Turbo Expanders Market Market Insights The turbo expanders market has been segmented into three reportable segments namely, loading devices, application, and end-user. Based on loading devices, the turbo expanders market has been divided into compressor, generator, and oil brake. On the basis of application, the turbo expanders market has been bifurcated into hydrocarbon, air separation, and others. Further, the end-user of these turbo expanders include oil & gas, power generation, and industrial sector. Wherein, it is observed that North America and the Asia Pacific are dominating in the market with maximum shares, owing to the dense presence of natural-gas coupled with technological integrations in the extraction activities that are propelling the adoption of turbo expanders. The overall turbo expanders market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the turbo expanders market.

4. Turbo Expanders Market LeadingPlayers • The leading players in Turbo Expanders Market are: • 1. ACD LLC • 2. Air Products & Chemicals • 3. Atlas Copco • 4. Baker Hughes • 5. Cryostar • 6. Elliott Group • 7. Honeywell International • 8. R&D Dynamics Corporation • 9. Siemens AG • 10. PJSG “Turbogaz” • Get sample PDF copy @: https://www.theinsightpartners.com/sample/TIPRE00003068/

5. Turbo Expanders Market

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