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The global turboexpander market was valued at USD 280.5 Million in 2017 and is projected to reach USD 390.8 Million by 2023, at a CAGR of 6.11% during the forecast period.
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Turboexpander Market by Loading Device, Application, End-User, and Region - Global Forecast to 2023 www.MarketsandMarkets.com
The compressor segment is expected to hold the largest share (by value) of the turboexpander market, by loading device, during the forecast period The compressor segment led the turboexpander market in 2017 and is expected to hold the largest market share during the forecast period. Compressors coupled turboexpanders are majorly used in the petrochemical industry for liquefaction of hydrocarbons. Moreover, natural gas production is rising, which is expected to create demand for compressor coupled turboexpanders in hydrocarbon applications. All these factors have resulted in the largest share of the compressor segment. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=217580907
The hydrocarbon segment is expected to hold the largest share (by value) of the turboexpander market, by application, during the forecast period The hydrocarbon segment led the turboexpander market in 2017. Hydrocarbon applications include liquefaction of petroleum gases, liquefaction of natural gases, dew point control, FPSO LNG, regasification, and nitrogen rejection. Shale gas boom and increasing natural gas production are driving the hydrocarbon turboexpander market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=217580907
Browse >> 78market data tables 32figures 121 pagesand in-depth TOC on “Turboexpander Market by Loading Device, Application, End-User, and Region - Global Forecast to 2023” 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 (by value) for turboexpanders In this report, the turboexpander market has been analyzed with respect to 4 regions, namely, Asia Pacific, North America, Europe, and Rest of the World (the Middle East, Africa, and South America). The market in Asia Pacific is expected to lead the global turboexpander market from 2018 to 2023. China and India are the largest markets for turboexpanders in this region. As per BP Statistical Review of World Energy 2017, natural gas production increased from 490.6 billion cubic meters in 2010 to 579.9 billion cubic meters in 2016. Also, companies such as Saudi Aramco are planning to invest around USD 44 billion in a giant refinery complex in India. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=217580907
Target Audience: • The target audience of this report includes: • Turboexpander manufacturing companies • LNG transmission and distribution companies • Power generation companies • LNG refinery EPC contractors • Governments and industry associations. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=217580907
Key players - • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Turboexpander Market, namely: • Atlas Copco (Sweden), • BHGE (US), • Cryostar(France), • Air Products and Chemicals (US), • L.A. Turbine (US). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=217580907
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