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Global Liquid Ring Compressors Market

Liquid Ring Compressors Market, Size and Segment 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), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/2019 | June 2022 | Region: Global | 125 Pages

Global 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.

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.

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.

Market Dynamics:

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

Impact of Covid-19:

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.

Key Players:

Atlas Copco, Cutes CorpOMEL, Speck, Flowserve Corporation, DEKKER Vacuum Technologies, Inc., Ingersoll Rand, Busch Vacuum Solutions, Graham Corporation, and other players.

Market Segment:

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

Regional Analysis:

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

Liquid Ring Compressors Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 365 Million
Market Size by 2028 US$ 398.42 Million
CAGR CAGR of 6.0% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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


Frequently Asked Questions (FAQ) :

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

 

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

 

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Secondary Research

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