Booster Compressor Market Objectives of the Study Includes Research Methodology and Assumptions and Forecast by 2030

The Global Booster Compressor Market is presently worth USD 3.35 billion and is poised to amplify at a CAGR of 5.6% over 2022-2030, thereby amassing a valuation of USD 5.1 billion by end of the assessment timeline.

An item of machinery designed to increase the pressure of an existing system is referred to as a booster compressor. It offers both water-based and air-based cooling and is made up of a delivery valve cylinder head, a received tank, and a discharge tank. It is frequently used to test the pressures in pipelines and industrial conduits, to improve high-pressure tyres and engine starter systems, to increase the flow and pressure of water in showerheads and faucets, to produce PET bottles, and to improve the torque of small air tools. Efficiency, productivity, adaptability, portability, safety, dependability, high-pressure output capability, and profitability are all provided by booster compressors. The majority of booster compressors are pneumatic and are only used briefly to maintain high pressures. They thus have a wide range of applications in many different industries, including manufacturing, chemical, and oil & gas.

Booster Compressor Market Trends:

The global oil and gas industry is expanding significantly, which is fostering a good outlook for the market. In order to continuously provide gas to turbines at a specific pressure and temperature, booster compressors are frequently utilised. Accordingly, the broad use of the substance in nitrogen compression and hydrogen blanketing is promoting market expansion. The industry is also being boosted by a number of technological developments, such as the integration of artificial intelligence and the Internet of Things (IoT) for remote monitoring, performance analysis, alarms for an unscheduled oil change, and preventative maintenance (PM). Additionally, growing environmental consciousness is having a favourable impact on market growth, driving up demand for clean energy fuels including liquified petroleum gas (LPG), compressed natural gas (CNG), and LPG. The market is expected to rise as a result of a number of other factors, including as the major expansion of the chemical industry, rising demand for electric vehicles, and the execution of numerous government efforts to promote the manufacturing sector.

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Global Booster Compressor Market - Key trends
Booster compressors are widely used in air-filled products like perfumes, deodorants, handheld cylinders, and many others. In addition, the demand for fashion items like hair spray and many others is driving up the price of booster compressors. Rising tourism activity is also driving up demand for the market for booster compressors globally.

Global Booster Compressor Market- Segmental assessment

Booster Compressor Market cooling type
Air
Water
Others
The water cooled booster segment holds the largest market share, and is projected to grow further in the future years, due to the rise in demand for booster compressor from large-scale industries such as mining, plastics, chemical, manufacturing, industrial testing, and power generation.

Booster Compressor Market compression stage
Single stage
Double stage
Multi stage
Others

Booster Compressor Market power source
Electric
Combustion engine
Others

Booster Compressor Market end-user
Manufacturing
Industrial testing
Oil and gas
Construction
Others

Global Booster Compressor Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are KAESER KOMPRESSOREN SE, ATLAS COPCO AB, TGT FUEL TECHNOLOGIES, HITACHI LTD., CORKEN, INC., NIGEN INTERNATIONAL LLC, GENERON, SAUER USA., INGERSOLL RAND and JEREH GROUP.

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