European Process Gas Compressors Market: Analysis Report, Share, Trends and Overview 2020-2026

European process gas compressor market is projected to grow at a significant CAGR of around 3.5% during the forecast period (2020-2026). The market for process gas compressor is continuously rising in the European region, owing to the huge presence of end-use industry of process gas compressors, such as petrochemical and chemical industry. The chemical industry is considered as one of the valuable parts of the chemical industry. There are a large number of petrochemical and chemical manufacturers in the region that have a presence in the global chemical industry. The region exports chemical products to the developed economies of the globe, such as the US.

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According to the European Chemical Industry Council (CEFIC), around 27.2% of the chemical sales in Europe are majorly generated from the petrochemicals, followed by 25.4% sales from the petrochemicals. In 2018, petrochemicals were the largest exporting sector in the chemical industry, contributing to around 25.0% of the EU chemical exports. Moreover, the rise in the chemical demand across the end-use industries, with rise in the consumption of oil & gas is further expected to augment the demand for process gas compressor in the manufacturing sites, in order to ensure safety at the manufacturing plants.

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Market Coverage

• Study Period- 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segments Covered- By Type and By End-Use Industry
• Countries Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Key Companies Profiled- Burckhardt Compression AG, General Electric Co., Siemens AG, Atlas Copco Group, and Ingersoll-Rand PLC.

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in base year?
• Which segment/region will project fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European Process Gas Compressor Market – Segmentation

By Type

• Centrifugal Gas Compressors
• Reciprocating Gas Compressors
• Screw Gas Compressors
• Others (Standard Screw Air Compressor)

By End-Use Industry

• Oil & Gas
• Refinery Services
• Petrochemical and Chemical Industry
• Polyolefin Plants
• Others (Hydrotreatment)

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European Process Gas Compressor Market – Segmentation by Geography

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Company Profiles

• Aerzener Maschinenfabrik GmbH
• Atlas Copco Group
• BAUER COMPRESSORS INC.
• BORSIG GmbH
• Burckhardt Compression AG
• Ecolab Inc.
• General Electric Co.
• Ingersoll-Rand PLC
• MAN Energy Solutions SE
• NEUMAN & ESSER GROUP
• Pneumofore S.p.A.
• SIAD Macchine Impianti S.p.A.
• Siemens AG

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