Global Liquid Ring Compressors (Single-Stage, Two-Stage) Market Forecast 2023-2030: Rising Demand and Proliferation of Energy Consumption Drive Market Expansion - ResearchAndMarkets.com

The Global Liquid Ring Compressors Market size was estimated at USD 999.28 million in 2022, USD 1.07 billion in 2023, growing at a CAGR of 8.37% to reach USD 1.90 billion by 2030.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, September 4, 2023
Information
Tags: 
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Market share analysis, Plastic, National Centre for Food Manufacturing, Food, COVID-19, Medication, USD, Stainless steel, Petrochemical, Water treatment, EPS, Application, Aircraft
Geotags: 
EUROPE, AMERICAS
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RESEARCH AND MARKETS, RESEARCHANDMARKETS.COM
Summary
Key Points: 
  • The Global Liquid Ring Compressors Market size was estimated at USD 999.28 million in 2022, USD 1.07 billion in 2023, growing at a CAGR of 8.37% to reach USD 1.90 billion by 2030.
  • The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space.
  • Based on Flow Rate, the market is studied across 25 - 600 M3H, 3,000 - 10,000 M3H, 600 - 3,000 M3H, and Over 10,000 M3H.
  • The 25 - 600 M3H is projected to witness significant market share during forecast period.


The "Global Liquid Ring Compressors Market by Type (Single-Stage, Two-Stage), Material Type (Cast Iron, Stainless Steel), Flow Rate, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Liquid Ring Compressors Market size was estimated at USD 999.28 million in 2022, USD 1.07 billion in 2023, growing at a CAGR of 8.37% to reach USD 1.90 billion by 2030.

In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share.

The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied. The report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

  • Based on Type, the market is studied across Single-Stage and Two-Stage. The Two-Stage is projected to witness significant market share during forecast period.
  • Based on Material Type, the market is studied across Cast Iron and Stainless Steel. The Stainless Steel is projected to witness significant market share during forecast period.
  • Based on Flow Rate, the market is studied across 25 - 600 M3H, 3,000 - 10,000 M3H, 600 - 3,000 M3H, and Over 10,000 M3H. The 25 - 600 M3H is projected to witness significant market share during forecast period.
  • Based on Application, the market is studied across Aircraft, Automobile, EPS & Plastics, Food Manufacturing, Oil & Gas, Petrochemical & Chemical, Pharmaceutical, Power Generation, Pulp & Paper, and Water Treatment. The Food Manufacturing is projected to witness significant market share during forecast period.
  • The Americas commanded largest market share of 38.74% in 2022, followed by Europe, Middle East & Africa.

Market Dynamics

Drivers

  • Rising demand from oil & gas, power, chemical industries
  • Proliferation of energy consumption
  • Growing gas transportation sector all over the world

Restraints

  • Concern associated with water conservation

Opportunities

  • Emerging industrialization in developing countries
  • Ongoing progress of eco-friendly compressors

Challenges

  • Stringent quality standards of liquid ring compressors

Market Trends

  • Cumulative Impact of COVID-19
  • Cumulative Impact of Russia-Ukraine Conflict
  • Cumulative Impact of High Inflation
  • Porter's Five Forces Analysis
  • Value Chain & Critical Path Analysis
  • Regulatory Framework

Key Company Profiles

  • Atlas Copco AB
  • Busch Group
  • Cutes corp.
  • DEKKER Vacuum Technologies, Inc.
  • Excelsior Blower Systems, Inc.
  • Finder Pompe S.r.l.
  • Flowserve Corporation
  • Guangdong Kenflo Pump Co., Ltd.
  • Hobei Tonfun High-Tech Pump Co., LTD.
  • Ingersoll Rand Inc.
  • KAKATI KARSHAK INDUSTRIES PRIVATE LIMITED
  • Premier Fluid Systems Inc.
  • Shandong Bozhong Vacuum Technology Co., Ltd.
  • Shandong CHINCO Pumps Co., Ltd.
  • Somarakis Inc.
  • Sterling SIHI GmbH

For more information about this report visit https://www.researchandmarkets.com/r/n6ofk9.

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