Positive Displacement Gas Compressor Market Size By Type (Reciprocating, Screw, Scroll, Rotary Lobe, Rotary Vane), By Lubrication (Oil-free, Oil Filled), By Application (Land [Hydrogen FCV Station, LPG/LNG {LNG Receiving, Liquefaction, Process Gas Handling}, Carbon Dioxide, Ammonia {Petrochemicals, Fertilizer, Renewable Energy}, Value Added {Petrochemical, Oil & Gas}], Marine [LPG/LNG {Offshore, LNG Bunkering, Fuel Gas Supply, Re-liquefaction}, Carbon Dioxide, Ammonia, Air Lubrication System]), COVID-19 Impact Analysis, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Aug 2021  |  Report ID: GMI5101  |  Authors: Kiran Pulidindi, Akshay Prakash

Report Format: PDF   |   Pages: 250   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Positive Displacement Gas Compressor Market size exceeded USD 3 billion in 2020 and is estimated to expand at over 5% CAGR between 2021 and 2027. The industry shipments are set to cross 283,263 units by 2027. Favorable trends associated with oil & gas sector will augment the industry growth.
 

To reduce the dependency on fossil fuels and increased usage of other eco-friendly sources such as hydrogen within industrial production processes is supporting the positive displacement gas compressor demand.
 

Positive Displacement Gas Compressor Market

Get more details on this report - Request Free Sample PDF
 

Rising natural gas production across the globe will trigger the adoption of these compressors. Global natural gas production increased by nearly 25% from 2010 to 2019. Many countries are continuously trying to find new gas reserves to increase natural gas production capabilities. Moreover, these countries are making huge investments to boost natural gas production.
 

Positive displacement gas compressors are comparatively expensive than industrial air compressors due to the complexity of the structure. Additionally, maintenance and repair costs associated with gas compressors are significantly high. This may negatively influence the positive displacement gas compressor industry demand. Many manufacturers are continuously investing in research & development activities to improve the capabilities of these compressors while minimizing the production costs.
 

Superior compression performance will drive the adoption of reciprocating gas compressor

Reciprocating positive displacement gas compressor market is poised to generate around 120 thousand units demand by 2027. Reciprocating compressors used in various applications including refineries, petrochemical plants and gas transmission pipelines, and many other industries. This type of compressors is ideal for high compression requirement without high flow rates, and most of the time process fluid is relatively dry. Moreover, use of reciprocating compressor for natural gas application has substantially increased over the past few years owing to large pressure output.
 

Oil free positive displacement gas compressors to gain significant traction

Positive Displacement Gas Compressor Market CAGR By Lubrication

Get more details on this report - Request Free Sample PDF
 

Oil free positive displacement gas compressors are forecast to register growth rate of above 3.5% through 2027. Many manufactures have developed the oil-free compressors for the LNG carriers, which offers the users lower operation costs, since they provide extended service life and less oil filtration equipment. Furthermore, these compressors are suitable for complex and dirty gas services, such as refinery flare gas recovery, offshore vapor recovery and petrochemical polymer processes.
 

Increasing production of natural gas to fuel the sales of natural gas compressors

In land application, LNG/LPG application is predicted to account for 20% of the positive displacement gas compressor market revenue share by 2027. As natural gas moves through a pipeline, different elevation, friction, and distance slow down the speed of the gas, and also reduce pressure. Compressor stations are placed tactically within the transportation pipeline network to help maintain the pressure and flow of gas. However, the LNG compressor also helps to maintain the pressure required in the LNG tank, the boil off gas enters the suction line of the compressor, is compressed and sent either to a pipeline for city gas usage, fed into a gas turbine as fuel in a power generation plant.
 

Huge investments in upstream sector to spur the Middle East market revenue

Positive Displacement Gas Compressor Market Size  By Region

Get more details on this report - Request Free Sample PDF
 

Middle East positive displacement gas compressor market share is slated to reach USD 1 billion by 2027. The region is witnessing increasing investments in the upstream sector of oil & gas from major companies. The Kingdom of Saudi Arabia (KSA) accounted for about 16% of the world’s proven oil reserves and is the largest exporter of liquid petroleum across the world. The country produced approximately 12 billion barrels of petroleum liquid in 2016, out of which crude oil captured more than 80% share.
 

Qatar has planned to boost its LNG capacity expansion from 7 million metric tons per annum to 110 million metric tons per annum. The project is expected to start in phases from 2025, which has been delayed due to the ongoing COVID-19 outbreak. Such trends are projected to revamp the Middle East & Africa oil & gas sector thereby fostering industry statistics.
 

Strategic mergers and acquisitions to form the basis of expansion

Atlas Copco, SIAD Macchine Impianti S.p.A., Siemens Energy AG, Burckhardt Compression AG, GEA Group AG, Gardner Denver, Baker Hughes Company and CORKEN, Inc. are few key players in the positive displacement gas compressor market.
 

These manufacturers are diversifying product portfolio, investing in research & development activities, expanding sales & distribution network and acquiring small scale players to gain strong foothold in the market. In September 2019, SIAD Macchine Impianti S.p.A started the construction of the new USD 17.64 million research center in Osio Sopra
 

This market research report on positive displacement gas compressor includes in-depth coverage of the industry with estimates & forecast in terms of volume in Units and revenue in USD million from 2017 to 2027, for the following segments:

Market, By Type

  • Reciprocating
  • Screw
  • Scroll
  • Rotary lobe
  • Rotary vane

Market, By Lubrication

  • Oil free
  • Oil filled

Market, By Application

  • Land
    • Hydrogen FCV station
    • LPG/LNG
      • LNG receiving
      • Liquefaction
      • Process gas handling
    • Carbon dioxide
    • Ammonia
      • Petrochemicals
      • Fertilizer
      • Renewable energy
    • Value added
      • Petrochemicals
      • Oil & gas
    • Others
  • Marine
    • LPG/LNG
      • Offshore
      • LNG bunkering
      • Fuel gas supply
      • Re-liquefaction
    • Carbon dioxide
    • Ammonia
    • Air lubrication system
    • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
  • LATAM
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia
    • United Arab Emirates
    • Kuwait
       

Frequently Asked Questions (FAQ) :

The market for positive displacement gas compressor was valued at around USD 3 billion during 2020 and is expected record nearly 5% CAGR through 2027, says this GMI report.
With increasing demand among LNG carriers and other applications, oil-free positive displacement gas compressor industry share could register around 3.5% CAGR over 2021-2027.
Global reciprocating positive displacement gas compressor market size is anticipated to be over 120 thousand units by 2027 with robust applications in gas pipelines, refineries and petrochemical units.
Middle East positive displacement gas compressor industry size could reach USD 1 billion by 2027 owing to surging investments in upstream activities across a strong oil and gas sector.

Premium Report Details

  • Published Date: Aug 2021
  • Pages: 250
  • Tables: 286
  • Charts / Figures: 21
  • Companies covered: 13
  • Countries covered: 20

Get a report that explains COVID-19 impact on this market

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

 Connect with our sales team

Chat with us
We use cookies to enhance user experience. (Privacy Policy) X