Global Screw Compressor Market is Expected to Grow at A CAGR of 8.7%

(MENAFNEditorial)

Screw compressors comprise of two helical rotors which compress outside air to the required pressure providing clean dry and compressed air. These are commonly used where large volume of high pressure air is needed especially in large industrial applications and in operation of high-power air tools. Demand growth for energy efficient compressors and increasing need for energy conservation across industries is likely to drive the market growth of screw compressor. 

Screw compressor market in the report has been analyzed on the basis of type stage technology end-user and region. The size of the overall market has been determined by forecast techniques based on region-wise demand for screw compressors used by different end-user such as chemicals & petrochemicals oil & gas mining & metals power plants automotive and food & beverages among others. The market is expected to grow at a CAGR of approximately 8.7% from 2015 to 2020.

The report provides analysis of key companies and developments recorded in the industry during the past four years. Leading players such as Atlas Copco (Sweden) Ingersoll Rand PLC (Ireland) Boge Kompressoren (Germany) Gardner Denver Inc. (U.S.) Howden Group Ltd. (U.S.) GE Oil & Gas (U.K.) Kobe Steel Ltd. (Japan) MAN Diesel & Turbo (Germany) Sullair LLC (U.S.) Bauer Kompressoren (Germany) Hitachi Ltd (Japan) Siemens AG (Germany) and Kaeser Kompressoren SE (Germany) have been profiled in this report.

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