Press release
Chlorine Compressors Market is Estimated to Reach USD 85.41 Million by the end of 2028: Cognitive Market Research
Chlorine Compressors Market is Estimated to Reach USD 85.41 Million by the end of 2028: Cognitive Market Research
Chlorine (Cl2) is the chemically active element, yellow-green in colour which is present in the gaseous form at Room temperature. It has the pungent, irritating odor and has density greater than the air due to which it remains ground in the area with low air movement. Chlorine is also referred as the nonmetal and is consider as a part of toxic gases group. The chlorine is produced by the electrolysis of alkali metal chlorides (brine) in electrolytic cells, is usually compressed to the liquid form and sold for commercial purpose.
The Chlorine Compressors Market is segmented on the basis of types as Liquid Ring Compressors and Centrifugal Compressors. On the basis of application as Chemical Industrials and other.
The chlorine is used in various organic and inorganic chemical process and play a vital role in the chemical industry. The chemical industry is accepting the higher growth rate due to the increasing demand which will ultimately result in the rising demand for the chlorine compressor which fuel the growth of Chlorine Compressors Market in future.
Market Insight:
• Global Chlorine Compressors Market is expected to reach USD 85.41 Million by the end of 2028, growing at a CAGR of 2.04% between 2021 and 2028.
• Liquid Ring Compressors Revenue (USD Million) is anticipated to reach at USD 57.16 Million in 2028
• Chemical Industrials Revenue (USD Million) in Chlorine Compressors is estimated to reach USD 82.19 Million in 2028.
• Asia Pacific Chlorine Compressors market size is projected to reach USD 31.13 Million in 2028.
To know more The Chlorine Compressors Market statistics click here: https://www.cognitivemarketresearch.com/chlorine-compressors-market-report
Market Drivers
• Rising Chemical Industry
The global chemical industry is expanding at a significant pace, in the past few years. Chemical processing is one of the factors, which are driving the growth of the market. Chlorine plays an integral role in the chemical industry. It is an important inorganic chemical along with fluorine and bromine. As per the United Nations Environment Program (UNEP), China was the biggest producer as well as consumer and accounted for around 65% of the chemical production across the globe as of 2016.
The rise in the presence of the several chemical manufacturers, has led to the rise in the adoption of the chlorine compressors, which contributes for the adoption of the chlorine compressors. Additionally, the chemicals industry is one of the US's largest manufacturing industries, which leads to the adoption of the chlorine compressors for the manufacturing of chemicals. The chemical industries are among the top exporting sectors of US. Manufacturing, and accounts for 15% of global chemical shipments. This has led to the rise in the demand for the chlorine compressors, driving the growth of the market.
Rising adoption of Chloride Compressors in Oil & Gas Industry
• Restraints for Chlorine Compressors Market
Environmental factors affecting the Chlorine Compressors Market
• Opportunities for Chlorine Compressors Market
Growth in Emerging Market
Cognitive Market Research Company's Research Methodology - https://www.cognitivemarketresearch.com/research-methodology
Market Segmantation:
Type:
• Liquid Ring Compressors
Liquid Ring Compressor is custom built for highly explosive and corrosive process and can handle various gas such as chlorine, condensable and non-gaseous gases. The chlorine compressor has Liquid ring technology that assist in providing optimized performance, low maintenance, simple design with robust construction. The features include casing with double eccentricity that allows for perfect balancing of radial forces on the rotor, optimized efficiency, performance through modifications to the conical distributor. There are two types of chlorine liquid ring compressor such as single stage which has proven applications for Chemical and Petrochemical process applications and they offer efficient compressors with low maintenance requirement. Single Stage models are indicated for demanding process applications like chlorine, Vinyl Chloride Monomer (VCM), and Steamer Off Gas. Double Stage models are indicated for demanding process applications like Flare Gas Recovery, or Vapor Recovery. The liquid ring compressor benefits include affordability, reliability, safety.
• Centrifugal Compressors
Centrifugal compressor is custom designed for compressing dry or wet chlorine with helps of technologies. Centrifugal compressor reaches pressure form 1.0 up to 12.0 Bar.g these are integrally geared compressor. There are various gas handles by centrifugal compressor include H2S, CO2, Ch4, Cl2. Centrifugal Compressors and Blowers are available in a range of durable materials including carbon steel, stainless steel, 17.4PH (AISI 630), aluminium, titanium, and Hastelloy. Centrifugal Compressors cover a wide range of industrial applications in the chemical and oil & gas industries including vapor VOC, fuel gas.
Application:
• Chemical Industrials
Chlorine Compressor with use of liquid ring technology for its applications in chemical industries and it is used to compress dry or wet chlorine in the production process. The application of chemical industry includes compression of wet and dry chlorine, condensable gases, delayed coker, flare gas recovery, non-condensable gases, vapor recovery units, vinyl chloride monomer recovery. Chlorine compressor used for oil refining and petroleum chemistry applications.
• Others
Get free sample pages of latest published Chlorine Compressors Market Report: https://www.cognitivemarketresearch.com/chlorine-compressors-market-report
Competitive Analysis for Chlorine Compressors Market: Devi Hitech Engineers, Sundyne, Gardner Denver Nash, Elliott, RefTec International Systems, Mayekawa, Mikuni Kikai, Charam Techno Chemical & Equipment, M. H. Industries, Shanghai EVP Vacuum Technology Co., Ltd., Gardner Denver (Garo)
• Gardner Denver (Garo)
Garo company is specialized in development of liquid ring compressors a customized compression service and it has varied applications across Oil & Gas, Petrochemical, and Chemical process industries. Garo is recognized for its flare gas recovery systems. Vapor Recovery Units, and Chlorine Compression Packages. Garo is part of Gardner Denver Nash Division offers new level of quality, robust sales, service and has operations across globe. The product includes liquid ring compressor that has single stage, Two stage compressor, Nash compressor, Centrifugal compressor, Customized packages. The solutions offered include Dry and wet chlorine compression, condensable gases, delayed coker, flare gas recovery, non-condensable gases, other gases, vapor recovery units, vinyl chloride monomer. The parts and services comprise installation and commissioning, remanufacturing, equipment's audits, performance and reliability upgradation service.
NEWS:
March 2020
• Garo company merged with Ingersoll Rand Industrial Segment
Garo company, which manufacture liquid ring compressors has engaged in merger with Ingersoll Rand Industrial Segment that have specialized in mission critical flow creation and industrial technologies.
• Shanghai EVP Vacuum Technology Co., Ltd.
Shanghai EVP Vacuum Technology Co., Ltd is a China based company which is involved in the research, development, manufacturing and marketing of the vacuum equipment products. The company serve the broad range of industries such as coal mining industry, papermaking, sugar, pharmaceutical industry chemical industry, oil refining, atomic and nuclear reactors, space physics experiment, the aircraft parts processing, vacuum coating, vacuum smelting, vacuum packaging and other industries.
Related Report:
• High Purity Chlorine Market- https://www.cognitivemarketresearch.com/high-purity-chlorine-market-report
• Chlorine Bleach Market- https://www.cognitivemarketresearch.com/chlorine-bleach-market-report
• Residual Chlorine Meters Market- https://www.cognitivemarketresearch.com/residual-chlorine-meters-market-report
• Chlorine Dioxide for Medical Market- https://www.cognitivemarketresearch.com/chlorine-dioxide-for-medical-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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