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According to the latest report by IMARC Group, titled “
Gas Compressor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global gas compressor market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 8% during 2021-2026.
Gas compressors are mechanical devices used to increase the static pressure of a gas by decreasing the volume. Two commonly used gas compressors are positive displacement and dynamic gas compressors. Positive displacement compressors comprise rotary and reciprocating variants that compress the gas by confining it in a closed space and increasing the pressure. Whereas the dynamic compressor employs a centrifugal and axial compressor that compresses the gas through the mechanical impellers or rotating vanes. These compressors are used for gases, such as ethylene, fluorine, argon, etc. As a result, they find numerous applications in manufactu
Gas Compressor Market Report 2021; Industry Size, Trends, Growth, Challenges and Opportunities Forecast to 2026
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Gas Compressor Market Report 2021; Industry Size, Trends, Growth, Challenges and Opportunities Forecast to 2026
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The global gas compressors market grew at a CAGR of around 7% during 2014-2019. A gas compressor refers to a mechanical device that increases the static pressure of a gas by reducing its volume. Some of the commonly used gas compressors include positive displacement and dynamic gas compressors. Positive displacement compressors include reciprocating and rotary variants that compress the gas by confining it in a closed space and increasing the pressure.
On the other hand, the dynamic compressor consists of an axial and centrifugal compressor that compresses the gas through the mechanical action of rotating vanes or impellers. These compressors are commonly used for gases, such as ethylene, fluorine, argon, hydrogen, nitrogen, xenon and silane. As a result, they find extensive applications across various industries, including general manufacturing, construction, oil & gas, mining, chemicals and petrochemicals
(MENAFN - Nxtgen Reports) The Gas Artificial Lift Systems market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Gas Artificial Lift Systems market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Gas Artificial Lift Systems market. The report focuses on well-known providers in the global Gas Artificial Lift Systems industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the Gas Artificial Lift Systems Industry will develop is also analyzed in detail in Chapter 1.7 of the report.