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Energy Industry News Releases

Screw Compressor Market to reach 11.5 Billion USD by 2020

 



(EnergyIndustry.Net, August 05, 2016 ) The report “Screw Compressor Market by Type (Oil-Free, Oil-Injected), Stage (Single, Multi), Technology (Stationary, Portable), End-User (Chemical & Petrochemical, Food & Beverage, Mining & Metals, Oil & Gas, Automotive, Power Plant), & Region - Global Forecast to 2020” defines, segments, analyzes, and forecasts the global screw compressor market. It also identifies the driving and restraining factors of the screw compressor market, with an analysis of trends, opportunities, and competitive landscape.



Browse 69 market data Tables and 49 Figures spread through 224 Pages and in-depth TOC on "Screw Compressor Market - Global Forecast to 2020"



Get a PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=122896617



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The market on the basis of region has been segmented into the North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The screw compressor market is projected to reach USD 11.5 billion by 2020, at a CAGR of 8.7% from 2015 to 2020.



The Asia-Pacific region is expected to dominate the screw compressor market during the next five years



Asia-Pacific is the largest screw compressor market. The region has accounted for around 35% of the total market share in 2014. Market growth has scaled up due to rise in industrial activities, standardizations on the usage of energy-efficient screw compressors, and advantages of screw compressors over others.



Oil-injected screw compressors – Major type for the screw compressor market



Screw compressors are used in diverse range of end-use industries such as chemicals & petrochemicals, oil & gas, mining & metals, power plants, automotive, and food & beverages among others. These industries use oil-free or oil-injected type of screw compressors for variety of applications. Oil-injected screw compressors capture the major market, and find applications in chemicals & petrochemicals production, mining & metals, oil & gas, and automotive. In addition, increase in industrial activities in countries such as China, India, Mexico, Saudi Arabia, and the U.S. acts as a major driver of the screw compressor market.



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About MarketsandMarkets



MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.



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