Global
tandem piston compressor market is anticipated to grow robustly
in the forecast period 2024-2028. Tandem piston is used in many
applications due to its great efficiency, including air cooling, separation,
and refrigeration. Facilities that produce chemicals and petrochemicals also
employ tandem piston compressors. These businesses are expanding significantly
on a global scale, increasing the market under research. A tandem piston compressor is a positive
displacement compressor that uses pistons, driven by a shaft to deliver gases
or fluid at high pressure. These gas compressors include two valves that regulate
the airflow into the cylinder to create a constant air pulse. From the inlet
channel, gas or oil enters the suction manifold. It travels to the cylinder
compression chamber, which is compressed by the piston's reciprocating motion,
which is powered by the crankshaft and then released. Oil refineries, gas
pipelines, natural gas, and refrigeration facilities employ piston compressors
in various applications. Compressor pistons are specifically used in the
blasting process to clean polyethylene terephthalate-based plastic bottles
(PET).
Adoption of Natural Gas Consumption &
Less Maintenance Cost Propelling the Market in Future
Tandem piston compressors are frequently
used to transport and process natural gas. As a result, the market is expected
to be dominated by rising natural gas demand for power generation, over the
projected period.
Additionally, expansion of the natural
gas sector is anticipated to fuel the market for study during the forecast
period, as natural gas production has surged due to an uptick in output from
shale deposits. The fact that these compressors demand more room is seen to be
a hindrance to the market's expansion.
Compared to a regular piston, the energy
cost is decreased by up to 20% using a tandem piston compressor. In contrast to
a standard diaphragm compressor, the life of a tandem piston compressor is
extended by around ten times with less maintenance. To improve the
effectiveness and economy of operation, ionic liquid and numerous seals are
connected to a piston compressor and separated from a standard compressor. The
heat exchanger panel is removed, and the heat is forced to evacuate by suction
in the cylinder. Utilizing a tandem piston compressor in a double-acting pump
or machine can reduce energy loss from rejected heat.
Latest Trend of Food And Beverage And
Aerospace Sectors Is Adopting Tandem Piston-Based Compressors To Pressurize
Gases To High Pressures.
The shale gas explosion is primarily to
blame for the rise in natural gas, owing to the development of shale gas
production technology during the past years. Simultaneously, natural
gas-powered energy generation also surged by 25%. Due to this, the market is
expected to grow with a high CAGR in the forecast period.
Natural gas may gradually replace coal in
electricity generation, according to the Gas Generating Corporation (GGC). Gas
is expected to play a more significant role in the global energy mix since it
produces half as much carbon dioxide per unit of electricity as coal does.
Owing to this, market players are focusing on tandem piston compressors.
The construction of LNG (Liquefied
natural gas) terminals has led to a rapid expansion of LNG infrastructure
globally, which has increased the demand for natural gas. As a result, pipeline
operators also utilize piston compressors to transfer natural gas, which drives
the market over the forecast period.
Additionally, the market would continue
to grow as more industries, such as those in the food and beverage and
aerospace sectors, adopt tandem piston-based compressors to pressurize gases to
high pressures.
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Market Segmentation
The Global Tandem Piston Compressor Market
is segmented based on types, stages, and application. Based on type, the market
is segmented into stationary and portable. Based on stages, the market is
divided into single and two stages. Based on application, the market is
segmented into oil refineries, chemicals & petrochemicals, natural gas
processing & distribution, and others.
Market player
Major players operating in the Global Tandem Piston Compressor Market include ABAC air compressors, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Bitzer SE, Officine Mario Dorin SpA, and NuAir compressors (FNA SpA), Dorin India Private Limited, KULTHORN KIRBY PUBLIC CO., LTD, SPERONI spa, FNA S.p.A., Danfoss A/S, RefPower Srl.
Recent
Developments
· Since the Braskem-Idesa Ethylene XXI PE complex
was completed, the Mexican petrochemical sector has experienced steady
expansion. While consumption of synthetic resin (including polymers) and
synthetic rubbers increased by 6.8% and 9.2%, respectively, to USD 5.2 billion
and USD 0.5 billion, in 2018, the value of basic petrochemicals used in Mexico
increased by an estimated 14.1% to USD 2.4 billion.
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Attribute
|
Details
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|
Base Year
|
2022
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|
Historic Data
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2018– 2021
|
|
Estimated Year
|
2023
|
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Forecast Period
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2024 – 2028
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Quantitative Units
|
Revenue in USD Million, value, and CAGR for 2018 -2022 and 2023
- 2028
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|
Report coverage
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Revenue
forecast, Company Share, growth factors, and trends
|
|
Segments covered
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By Type
By Stages
By Application
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|
Regional scope
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North America; Asia-Pacific; Europe;
South America; Middle East
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|
Country scope
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United States; Canada; Mexico; China; Indian; Japan; South Korea;
Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy;
Spain; Poland; Colombia; Brazil; Argentina; Peru; Chile; Africa, Saudi
Arabia; South Africa; UAE; Iraq; Turkey
|
|
Key companies profiled
|
ABAC air compressors, BOGE KOMPRESSOREN Otto Boge GmbH & Co.
KG, Bitzer SE, Officine Mario Dorin SpA, and NuAir compressors (FNA SpA),
Dorin, Kulthorn, SPERONI spa, FNA S.p.A., Danfoss A/S, RefPower Srl
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Customisation scope
|
10% free report customisation with
purchase. Addition or alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customised purchase
options to meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Global
Tandem Piston Compressor Market has
been segmented into the following categories, in addition to the industry
trends which have also been detailed below:
o Tandem
Piston Compressor Market, By Type:
o
Stationary
o
Portable
o Tandem
Piston Compressor Market, By Stages:
o Single Stage
o Two Stage
o Tandem
Piston Compressor Market, By Application:
o Oil Refineries
o Chemicals &
Petrochemicals
o Natural Gas
Processing
o Distribution
o Others
o Tandem Piston Compressor Market, By Region:
o North America
§ United States
§ Mexico
§ Canada
o Asia-Pacific
§ India
§ Japan
§ South Korea
§ Australia
§ Singapore
§ Malayasia
§ China
o Europe
§ Germany
§ United Kingdom
§ France
§ Italy
§ Spain
§ Poland
§ Denmark
o South America
§ Brazil
§ Argentina
§ Colombia
§ Peru
§ Chile
o Middle East
§ South Arabia
§ South Africa
§ UAE
§ Iraq
§ Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in the Global Tandem Piston Compressor Market.
Available Customizations:
Global Tandem Piston Compressor Market report with the given market data, Tech
Sci Research offers customizations according to a company's specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
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