1 / 12

Booster Compressor Market Size is Expected to total US$ 5.1 billion by 2030

According to the Market Statsville Group (MSG), the global booster compressor market size was valued at USD 3.1 billion in 2021 and is projected to reach USD 5.1 billion by 2030, growing at a CAGR of 5.6% from 2022 to 2030. A Rise in the demand for petroleum products from developing economies, an increase in demand for the air-filled products & industrial testing applications, and the rapid growth of plastic or PVC products from developing economies significantly contribute to the growth of the global market.

vipin13
Download Presentation

Booster Compressor Market Size is Expected to total US$ 5.1 billion by 2030

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. Market Research Report EXCLUSIVE EDITION Booster Compressor Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  2. Booster Compressor Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  5. Booster Compressor Market Share 2022 COVID-19 Impact and Regional Outlook 2030 Booster Compressor Market by Cooling Type (Air and Water), by Compression Stage (Single Stage, Double Stage, and Multi Stage), by Power Source (Electric and Combustion Engine), by End-Use, by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global booster compressor market size was valued at USD 3.1 billion in 2021 and is projected to reach USD 5.1 billion by 2030, growing at a CAGR of 5.6% from 2022 to 2030. A Rise in the demand for petroleum products from developing economies, an increase in demand for the air-filled products & industrial testing applications, and the rapid growth of plastic or PVC products from developing economies significantly contribute to the growth of the global market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

  6. However, reducing the number of fuel stations due to the rapid growth of the electric vehicle industry and stringent government regulations toward the use of plastic products are expected to hamper the market's growth globally. Conversely, the rise in investment toward oil & gas exploration and production activities is expected to create potential growth opportunities for key players operating in this market. Global Booster Compressor Market Definition Booster compressor is a device that boosts the normal pressure produced by a general compressor. Various types of booster compressors are used in the industry based on compression stages such as single, double, and multi-stage. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/booster- compressor-market Global Booster Compressor Market Dynamics Drivers: Increase in demand for air-filled products Booster compressors have wide applications in air-filled products such as deodorants, basketball, buoyancy compensator, portable-sized cylinder, and many others. In addition, the rise in the demand for fashion products such as deodorants, hair spray, and others led to increased demand for booster compressors. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

  7. Moreover, an increase in tourism activity led to increase in demand for portable butane cylinders, which also led to an increase in the demand for booster compressors and acts as the major driver for the booster compressor market. Furthermore, the rapid growth of R-134a gas also acts as the main driver for the booster compressor market since R-134a gas is heavily used for car AC and available cans compressed by booster compressors. Restraints: Rise in the awareness and stringent government regulations toward plastic products Plastic and related products are harmful due to its oily poison property since microplastic entering the human body via direct exposure through inhalation led to an increase the wide number of health impacts, including genotoxicity, apoptosis, oxidative stress, necrosis, and inflammation which are linked to a wide number of negative health outcomes including cardiovascular disease and cancer. In addition, the rise in awareness for such impacts of PVC and other plastic products led to a decrease in demand for booster compressor; since it is used in the manufacturing and molding of plastic. Moreover, substitutes of plastic products such as gypsum ceilings in place of PVC ceiling, use of wood or other material in place of PVC, and others led to a decrease in demand for PVC, which tends to affect the booster compressor market in the upcoming years. Scope of the Global Booster Compressor Market The study categorizes the booster compressor market based on cooling type, compression stage, power source, end-use, and application at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/booster-compressor-market?opt=2950 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

  8. By Cooling Type Outlook (Sales/Revenue, USD Million, 2017-2030) •Air •Water By Compression Stage Outlook (Sales/Revenue, USD Million, 2017-2030) •Single-stage •Double stage •Multi-stage By Power Source Outlook (Sales/Revenue, USD Million, 2017-2030) •Electric •Combustion engine By End-Use Outlook (Sales/Revenue, USD Million, 2017-2030) •Manufacturing •Industrial Testing •Oil & Gas •Construction •Others By Region Outlook (Sales/Revenue, USD Million, 2017-2030) •North America •US •Canada •Mexico •Europe •Germany •Italy •France •UK •Spain •Poland •Russia © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

  9. •The Netherlands •Norway •Czech Republic •Rest of Europe •Asia Pacific •China •Japan •India •South Korea •Indonesia •Malaysia •Thailand •Singapore •Australia & New Zealand •Rest of Asia Pacific •South America •Brazil •Argentina •Colombia •Rest of South America •The Middle East & Africa •Saudi Arabia •UAE •South Africa •Northern Africa •Rest of MEA The water segment accounts for the largest market share, by cooling type © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

  10. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/booster- compressor-market Depending on the cooling type, the global booster compressor market is classified into Air and Water. In 2021, the water segment was the highest contributor to the market, with a market share of 59.9% in the global booster compressor market. The water-cooled system is used in the booster compressor to cool the compressed air and other components present and protect the compressor system from overheating. Water cooling systems is most commonly used in heavy-duty applications in various industrial operations. A rise in demand for water-cooled booster compressors from heavy-duty applications such as manufacturing, oil & gas exploration & production applications, high-power industrial operations and others is expected to drive the growth of the booster compressor market during the forecast period. In addition, one of the advantages of water-cooled booster compressor is that industries/companies can use hot water in washing, showering, cleaning, and other hot water applications, which is anticipated to fuel the growth of the market in the coming years. However, cost associated with electricity, water, and water treatment expenses in water cooled booster compressor are more than air cooled compressor, which is projected to hamper the market's growth during the analyzed time frame. Europe accounts for the highest CAGR during the forecast period © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

  11. Based on the regions, the global booster compressor market has been segmented across North America, Asia- Pacific, Europe, South America, and the Middle East & Africa. Europe is the fastest-growing region with a CAGR of 6.3% during the forecast period (2022-2030). In Europe, countries such as Germany, France, the UK, Spain, and Russia are the major contributors to the booster compressor market revenue in this region. Since, Europe accounted for the highest market share of automobile and manufacturing which is highly significant for the booster compressor market. Rising automobile and manufacturing industry across the region led to increased demand for booster compressors and acted as the main driver factor market. In addition, Europe has vast aerospace and marine development, which also led to increased demand for booster compressors. Moreover, growing building & construction activities in the region are anticipated to boost the demand for booster compressor, which is projected to fuel the growth of the booster compressor market in the upcoming years. Furthermore, the maximum manufacturer of booster compressors is from another region. However, it may act as the restraining factor for the booster compressor market in this region. Request For Report Description: https://www.marketstatsville.com/booster-compressor-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

  12. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com

More Related