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Global Natural Gas Compressor Market Anticipated to Earn US$990 Mn by 2025 – QY Research, Inc.

Global Natural Gas Compressor Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.

 

Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- 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 technical barriers of Natural Gas Compressor are relatively high, resulting in high level concentration degree. The key companies in Natural Gas Compressor market are Ariel Corporation, Ingersoll Rand, Atlas Copco, Siemens and General Electric, etc. The enterprises are concentrated in USA, Europe and China. China is the largest production area, occupied about 39.43% production in 2017.

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According to applications, Natural Gas Compressor is used in CNG Filling Station, Petroleum Refineries Factory, Processing/Chemical Plants and Other. In 2017, Natural Gas Compressor for CNG Filling Station occupied more than 58.61% of total amount.

Company mergers and acquisitions, and inter-company's cooperation have occurred for development and growth. with more new entrants, the competition will be more intense.

The global Natural Gas Compressor market was 820 million US$ in 2018 and is expected to 990 million US$ by the end of 2025, growing at a CAGR of 2.3% between 2019 and 2025.

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This report studies the Natural Gas Compressor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Natural Gas Compressor in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market 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

By the product type, the market is primarily split into

Centrifugal Type

Reciprocating Type

Screw Type

By the end users/application, this report covers the following segments

CNG Filling Station

Petroleum Refineries Factory

Processing/Chemical Plants

Industrial Manufacturing

Others

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