The food & beverage segment is expected to grow at the highest CAGR over the forecast period. Due to increasing use of compressed air in food processing, cooling and packaging applications.
electronics, textile, and pharmaceutical industries. This segment is estimated to make new income pockets for the screw compressor market size during the forecast period. Based on stage, the screw compressor market size is classified into single-stage, and multi-stage. The single stage segment dominates the global market size and expected to grow at the fastest pace during the forecast period. This is due to the rising demand for screw compressors in industries where process needs continuous high air quality in a shorter downtime. These compressors are more appropriate for industries such as petrochemicals, mining and oil & gas as they help in maintaining continuous and incessant operations. Based on technology, the screw compressor market size is classified into stationary and portable. On the basis of end user, the global market size is classified into Oil & Gas, Chemicals & Petrochemicals, Food & Beverage, Automotive, Power Plants, Mining & Metals, Others. Others include pharmaceuticals, construction, textile, and electronics. The oil & gas segment accounted for the largest market share of screw compressor market. Screw compressor are used for onshore and offshore applications, oscillating from vapor recovery and gas handling to flash gas processing and fuel gas boosting. The food & beverage segment is expected to grow at the highest CAGR over the forecast period. Due to increasing use of compressed air in food processing, cooling and packaging applications. The food and beverage end-users need to be 100% pure oil-free air for processing food. Therefore, oil-free screw compressors are used in this industry in order to maintain air quality standards. Geographically, the global market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/screw-compressor-market/request-sample Asia Pacific region accounts the largest market share of screw compressor industry and is expected to remain dominant over the forecast period. This is due to increasing industrialization and manufacturing facilities in the region. China is expected to lead the screw compressors market in the Asia Pacific region. Also, the countries such as China and Japan have implemented energy efficiency standards, thereby boosting the demand for screw compressors in Asia Pacific. Middle East & Africa region is expected to grow at fastest pace in the forecast period. This is due to the increasing demand for screw compressor in the metal & mining and chemicals & petrochemical segment would drive the market growth in this region. The global key players are Atlas Copco, Ingersoll Rand PLC, BogeKompressoren, Gardner Denver Inc., Howden Group Ltd., GE Oil & Gas, Kobe Steel Ltd., MAN Diesel & Turbo, Sullair LLC, Siemens AG, and Hitachi Ltd. This report studies Screw Compressor in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering • Ingersoll Rand
• Quincy • AERZEN • Atlas Copco • Kobelco • Emerson Electric • Sullair • Kaeser • Johnson Controls See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts • Desran • Gardner Denver • Howden Group • Shanghai Screw Compressor Co • Chicago Pneumatic • GHH RAND • GEA • Enerflex • Comer • BOGE