The Liquid Ring Compressors Market Size was valued at USD 386.9 million in 2022, and expected to reach USD 616.65 million by 2030, and grow at a CAGR of 6.0% over the forecast period 2023-2030.
Gases are often compressed using liquid ring compressors from a lower pressure to a higher pressure. Positive displacement liquid ring compressors have no valves and are made up of a number of elements, including an impeller, an impeller hub, a body casing, and intake and discharge ports. They might be single-stage, dual-stage, or multi-stage in construction. Progressively higher pressures of up to 1.5 bar, 6.5 bar, and 13 bar can be reached with a greater number of stages.
Get More Information on Liquid Ring Compressors Market - Request Sample Report
In demanding operating conditions, such as exhaust control in nuclear power plant applications, vapour recovery in chemical and petrochemical applications, liquefaction of vinyl chloride vapours in the plastics and polymer industry, and compression of ozone in bleaching applications, liquid ring compressors are preferentially used.
They also have significant industrial uses, such as gas management in power plants, anaerobic processes, and sugar saturation in the sugar industry. The analysis of the worldwide liquid ring compressors market is crucial to read because of the great usability of these devices in essential applications.
Drivers:
Increase in Energy Use.
Low Operational and Maintenance Costs
The Gas Transportation Sector is Growing
Restraints:
Japan and South Korea's LNG imports are declining
Growing Concerns with Water Conservation
Opportunity:
Environmentally Friendly Compressors are in Increasing Demand
Demand for liquid ring compressors will rise as emerging economies industrialise
Challenge:
Observation of Strict Quality Standards
Effect of COVID-19 on the Market for Liquid Ring Compressors
According to estimates, the pandemic will have an effect on a number of components along the liquid ring compressors market's value chain. This influence is anticipated to be felt throughout the forecast period, particularly in 2020. The market for liquid ring compressors' numerous application areas is feeling the effects of COVID-19.
The epidemic significantly reduced demand for petroleum and petroleum-derived products as worldwide economic activity came to a stop. The price of crude oil decreased as a result of the loss in demand and an unanticipated increase in supply, which in turn affected the price of refined petroleum products. Additionally, it was predicted that the global petroleum demand will decrease compared to 2019 levels in 2020 and 2021. This has in turn impacted the market for liquid ring compressors in the oil and gas sector. In addition, compared to other nations throughout the world, the US has been negatively impacted by the COVID-19 epidemic. Due to the effects of the pandemic, the growth of the liquid ring compressor market in the nation is anticipated to be modest during the projected period.
By Type:
Single-stage
Two-stage
By Material Type:
Cast Iron
Stainless Steel
Others
By Flow Rate:
25 – 600 M3H
600 – 3,000 M3H
3,000 – 12,000 M3H
Over 12,000 M3H
By Application:
Petrochemical & Chemical
Pharmaceutical
Food Manufacturing
Aircraft
Automobile
Water Treatment
Oil & Gas
Power Generation
EPS and Plastics
Pulp & Paper
Others
.png)
Get Customized Report as per your Business Requirement - Request For Customized Report
Geographical regions such as Europe, the Middle East & Africa, North America, South America, and Asia Pacific have been used to segment the liquid ring compressors market. Because labour is readily available and raw materials are inexpensive, the Asia Pacific region is expected to draw a lot of investors who will establish their respective production facilities there. Additionally, there has been a discernible rise in industrial activity in this area. Low manufacturing costs and the growing backing of the local governments have both contributed to the growth of industrial operations. The regional market has been receiving growth stimulus from rising R & D expenditures as well.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Atlas Copco, Cutes CorpOMEL, Speck, Flowserve Corporation, DEKKER Vacuum Technologies, Inc., Ingersoll Rand, Busch Vacuum Solutions, Graham Corporation, and other players.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 386.9 Million |
| Market Size by 2030 | US$ 616.9 Million |
| CAGR | CAGR of 6.0% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Single-stage, Two-stage) • By Material Type (Cast Iron, Stainless Steel, Others) • By Flow Rate (25 – 600 M3H, 600 – 3,000 M3H, 3,000 – 12,000 M3H, Over 12,000 M3H) • By Application (Petrochemical & Chemical, Pharmaceutical, Food Manufacturing, Aircraft, Automobil, Water Treatment, Oil & Gas, Power Generation, EPS and Plastics, Pulp & Paper, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Atlas Copco, Cutes CorpOMEL, Speck, Flowserve Corporation, DEKKER Vacuum Technologies, Inc., Ingersoll Rand, Busch Vacuum Solutions, Graham Corporation, and other players. |
| DRIVERS | • Increase in Energy Use. • Low Operational and Maintenance Costs • The Gas Transportation Sector is Growing |
| Restraints | • Japan and South Korea's LNG imports are declining • Growing Concerns with Water Conservation |
Ans: Single-stage and Two-stage are the sub-segments of by type segment
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: According to estimates, the pandemic will have an effect on a number of components along the liquid ring compressors market's value chain. This influence is anticipated to be felt throughout the forecast period, particularly in 2020. The market for liquid ring compressors' numerous application areas is feeling the effects of COVID-19.
Ans: Environmentally Friendly Compressors are in Increasing Demand and Demand for liquid ring compressors will rise as emerging economies industrialise are the opportunity for Liquid Ring Compressors Market.
Ans: Liquid Ring Compressors Market Size was valued at USD 365 million in 2021, and expected to reach USD 398.42 million by 2028, and grow at a CAGR of 6.0 % over the forecast period 2022-2028.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Liquid Ring Compressors Market Segment, By Type
8.1 Single-stage
8.2 Two-stage
9.Liquid Ring Compressors Market Segment, By Material Type
9.1 Cast Iron
9.2 Stainless Steel
9.3 Others
10.Liquid Ring Compressors Market Segment, By Flow Rate
10.1 25 – 600 M3H
10.2 600 – 3,000 M3H
10.3 3,000 – 12,000 M3H
10.4 Over 12,000 M3H
11.Liquid Ring Compressors Market Segment, By Application
11.1 Petrochemical & Chemical
11.2 Pharmaceutical
11.3 Food Manufacturing
11.4 Aircraft
11.5 Automobile
11.6 Water Treatment
11.7 Oil & Gas
11.8 Power Generation
11.9 EPS and Plastics
11.10 Pulp & Paper
11.11 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profile
13.1 Atlas Copco
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Cutes CorpOMEL, Speck
13.3 Flowserve Corporation
13.4 DEKKER Vacuum Technologies, Inc.
13.5 Ingersoll Rand
13.6 Busch Vacuum Solutions
13.7 Graham Corporation
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Bio-Based Leather Market Size was valued at USD 110 million in 2023. It is projected to reach USD 332.49 million by 2031 and grow at a CAGR of 14.8% over the forecast period 2024-2031.
The Composite Resin Market Size was valued at USD 22.51 billion in 2022, and is expected to reach USD 36.42 billion by 2030, and grow at a CAGR of 6.2% over the forecast period 2023-2030.
The Antimicrobial Additives Market Size was valued at USD 2.85 billion in 2022, and is expected to reach USD 4.48 billion by 2030, and grow at a CAGR of 5.8% over the forecast period 2023-2030.
The Food Grade Alcohol Market size was valued at USD 2.4 billion in 2022. It is estimated to hit USD 3.44 billion by 2030 and grow at a CAGR of 4.6% over the forecast period of 2023-2030.
The Magnesium Oxide Board Market size was USD 19.06 billion in 2022 and is expected to Reach USD 26.08 billion by 2030 and grow at a CAGR of 4.0 % over the forecast period of 2023-2030.
The Sheet Metal Market was valued at USD 319.66 billion in 2022 and USD 465.13 billion in 2030, with a CAGR of 4.8% predicted from 2023 to 2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
