World Screw Compressor Industry Market Demand Considering Forecast 2020

Screw compressors consists of two helical rotors which are used in compressing external air to a set pressure, ensuring dry, clean, and compressed air. The screw compressors find increasing application in segments such as chemicals and petrochemicals processing, food & beverages, metals & mining, automotive, power plants, and oil & gas where large volume of high pressure air is needed especially to drive machine tools.

Increasing demand for energy efficient compressors along with growth of industries such as pharma, F&B, and textile sectors are the key factors that drive the growth of the market. Furthermore, lower maintenance & operation costs are the factors that will boost the market growth. End-users resisting the emergence of this new technology is a key restraining factor that will impact the growth of the market. Growing demand for eco-friendly screw compressors are the key factors that will offer ample growth opportunities in the screw compressor market. Strict adherence to strict quality requirements & environmental parameters along with paucity of skilled labor are the key market challenges faced by key market players and manufacturers to grow in the market.

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The report segments the world screw compressor market on the basis of type, stage, technology, end-user, & region. On the basis of types, the market is segmented into oil-free screw compressor and oil-injected screw compressor. On the basis of technology the market is segmented into stationary screw compressors and portable screw compressors. On the end-users, the market is segmented into chemicals & petrochemicals, food & beverages, mining & metals, oil & gas, automotive, power plants among others. On the basis of region, the market is segmented into Asia-Pacific, Middle East & Africa, Europe, North America, and Latin America.

Prominent market players profiled in the report are Atlas Copco AB, Gardner...