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Gas Compressor Market Share, Growth & Opportunities by 2026 With Industry Trends and Competitive Outlook – KSU


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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 ....

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