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Natural Gas Compressor Market Revenue, Share, Growth, Forecast, Analysis, Industry Segmentation | Valuates Reports
Natural Gas Compressor Market Overview 2027In 2020, the global Natural Gas Compressor market size was US$ 882.9 million and it is expected to reach US$ 1035.2 million by the end of 2027, with a CAGR of 2.3% during 2021-2027.
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This report studies the Natural Gas Compressor market, Natural gas is a very important resource in the process industry. Its transport in gas pipe lines or tankers for liquid natural gas, also its storage underground requires special natural gas compressors
A natural gas compressor increases the pressure of a gas by reducing its volume. The natural gas enters the cylinder through the intake valves, where it is compressed and forced out through discharge valves.
The main market for natural gas compressors is North America, accounting for about 40%, followed by Europe, accounting for about 35%.
Ariel Corporation, Tianyi, Sichuan Jinxing, Quincy, General Electric, Ingersoll Rand, Atlas Copco and others are the major manufacturers, with the top three accounting for about 50% of the market.
Segment by Type, the Natural Gas Compressor market is segmented into
• Centrifugal Type
• Reciprocating Type
• Other
Segment by Application, the Natural Gas Compressor market is segmented into
• CNG Filling Station
• Petroleum Refineries Factory
• Processing/Chemical Plants
• Others
Regional and Country-level Analysis:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Southeast Asia
• Australia
• Rest of Asia-Pacific
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA
The major companies include:
• Ariel Corporation
• Ingersoll Rand
• Bauer Compressors
• Atlas Copco
• Siemens
• General Electric
• Fornovo Gas
• Quincy
• Aerotecnica Coltri
• Man Diesel & Turbo
• Ebara Corporation
• Tianyi
• Kerui
• Jereh
• Kaishan Group
• Shenyang Blower
• Xi'an Shaangu Power
• Sichuan Jinxing
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-37W417/global-natural-gas-compressor
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