Oil and Gas Industry Gas Compressor Market 2021 Strategic Assessment - Atlas Copco, Ariel Corporation, BAUER Compressors, Clean Energy Compression

The Global Oil and Gas Industry Gas Compressor Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The global oil and gas industry gas compressor market is expected to grow at a CAGR of more than 3% over the period of 2020-2025

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/04061949987/oil-and-gas-industry-gas-compressor-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=VVV

Key Market Players:

Atlas Copco, Ariel Corporation, BAUER Compressors, Clean Energy Compression, Ingersoll Rand  and Other

Key Market Trends

Midstream Sector to Dominate the Market

- The application of gas compressors in the midstream sector includes gas processing, gas pipeline transmission, and gas storage. Transport of gas in pipelines is a very effective way of transporting energy over large distances. By increasing the pressure of gas, compressors are used to help liquefy and transport natural gas from one location, or process, to another.
- Gas flowing in pipe suffers from pressure losses that increase with flow velocity and the length of the pipe. Therefore, every 50 to 100 miles, a compressor station is necessary to recompress the gas and compensate for the pressure losses.
- For 2018, operators planned to complete roughly 11,936 miles of gas pipelines, worldwide. Whereas, for projects completed after 2018, companies planned to lay more than 24,731 miles of pipeline. Therefore, with the increase in the pipeline construction activities, the demand for compressors within the midstream sector is expected to increase, during the forecast period.
- LNG contracting activity rebounded in 2018 to reach its highest level in five years, with a total of 123 bcm/y of concluded contracts. Much of this increase relates to the development and financing of new liquefaction projects.
- Hence, the midstream segment is expected to drive the demand for compressors during the forecast period.

Asia-Pacific to Dominate the Market Growth

- Asia Pacific has shown the fastest growth rate corresponding to the industrial and consumer market growth of India and China and also the gas demand growth from developed countries such as Australia.
- Recent developments in the field of Pipeline and City Gas Distribution by India is expected to be a major part of gas compressor market growth in the Asia-Pacific region. India is expected to bring online 34,384 km of new-build pipelines by 2023.
- CNG outlets are a big market for gas compressors, in India the demand for CNG have grown from 2,037 thousand metric tonnes in 2014-2015 to 3,076 thousand metric tonnes in 2018-2019. This demand is expected to increase the scope for gas compressor market in India.
- India�s investment in refining and petrochemicals industry is expected to pave a way for the gas compressor market in India. Refining capacity of India grew to 22495.43 TMT in March 2019, an increase of 6.51% from March 2018

Explore Full Report With Detailed TOC Here:
https://www.marketinsightsreports.com/reports/04061949987/oil-and-gas-industry-gas-compressor-market-growth-trends-and-forecast-2020-2025?Mode=VVV                                                                                                                                                          

What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Oil and Gas Industry Gas Compressor market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Oil and Gas Industry Gas Compressor market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Oil and Gas Industry Gas Compressor market.

Market Segments: This part of the report discusses product type and application segments of the global Oil and Gas Industry Gas Compressor market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Oil and Gas Industry Gas Compressor used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format

- 3 months of analyst support

Buy Now:

https://www.marketinsightsreports.com/report/purchase/04061949987?mode=su?Mode=VVV

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact Us:

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.