openPR Logo
Press release

Reciprocating Compressors Market: Fraudulent Imitation of Compressors Restrains Market Growth

05-27-2017 12:01 AM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Reciprocating Compressors Market

Reciprocating Compressors Market

The China reciprocating compressors has been witnessing a burgeoning demand over the past few years despite intensifying competition from the screw and centrifugal compressors. The cost-efficiency of reciprocating compressors and the increasing need to replace the old ones has created a positive outlook for the reciprocating compressors market in China in the past few years. The industrial sector is expected to steer the demand for reciprocating compressors in the near future as the country primarily depends on manufacturing activities to maintain its overall economy. Furthermore, a pressing need to optimize the high consumption of crude oil in an efficient manner is also anticipated to drive the demand for reciprocating compressors in the coming years. The application reciprocating compressors in the automotive industry and growing activities in refineries, CNG and LNG transportation and storage are also expected to propel the demand for these products.

According to a research report published by Transparency Market Research, the China reciprocating compressors market is expected to be worth US$1,178.9 mn by 2022 rising from US$771.1 mn in 2014. During the forecasting horizon between 2015 and 2022, the global market is expected to expand at a CAGR of 5.3%. The increasing foreign direct investment (FDI), booming automotive sector, and growing industrialization are all expected to propel the China reciprocating compressors market in the near future.

Obtain Report Details @
http://www.transparencymarketresearch.com/china-reciprocating-compressors-market.html

Strategic Pricing Wins Industrial Process Gas Reciprocating Compressors Bigger Share in the Market

The China reciprocating compressors market, on the basis of type, has been segmented into industrial process gas reciprocating compressors, labyrinth piston compressors, liquefied natural gas (LNG), reciprocating compressors, oil-free reciprocating compressors, and hyper compressors. Of these, the industrial process gas reciprocating compressors segment is anticipated to lead the overall market over the forecast period. This segment is expected to reach US$351.3 mn by 2022.

The industrial process gas reciprocating compressors segment is expected to benefit from competitive pricing, enhanced efficiency, marketing to specific segments with integrated solutions, and providing value-added and after sales services. The burgeoning demand for oxygen from the growing steel and iron industry in China is also expected to bolster the demand for these compressors in the forthcoming years.

Meanwhile, the oil-free reciprocating compressors segment is also likely to revolutionize the China reciprocating compressors market with a steady CAGR of 8.6% between 2015 and 2022. The sectors anticipated to drive the growth of the oil-free compressors segment are pharmaceutical, electronics, textiles, and food and beverage. The demand for oil-free reciprocating compressors is also being fuelled by the rising pressure on the country to address environmental concerns and achieve the mandated level of energy efficiency.

This 68-page report gives readers a comprehensive overview of the Reciprocating Compressors Market. Browse to unlock the hidden opportunities in this market@

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5729

Refineries Demand New Reciprocating Compressors with Upgraded Features

The application of reciprocating compressors is seen in the refinery, upstream oil and gas, industrial gases production, LNG and CNG transport and storage, industrial gases, and ethylene and LDPE plants. The refinery segment is expected to expand at a CAGR of 7.0% between 2015 and 2022. As old refineries are being phased out by the government and new ones are being constructed, they are expected to drive the demand for reciprocating compressors in the coming years.

Some of the key players operating in the China reciprocating compressors market are Zigong Tongda Machinery Manufacturing Co., Ltd., Wuxi Compressor Co., Ltd., Shenyang Blower Works Group Corporation, and Shenyang Yuanda Compressor Co., Ltd. The report suggests that manufacturers should collaborate with multinational players investing in the China reciprocating compressors market to acquire substantial funding in the near future. Furthermore, upgrading after sales services and competitive pricing products will also work in the favor of local players.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Reciprocating Compressors Market: Fraudulent Imitation of Compressors Restrains Market Growth here

News-ID: 553702 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, and
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banks
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a unique
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urban
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis