Bundelkhand Online Journal

Liquid Ring Compressors Market will be Valued at US$ 337 Million by 2026 | MarketsandMarkets™ 

 Breaking News
  • No posts were found

Liquid Ring Compressors Market will be Valued at US$ 337 Million by 2026 | MarketsandMarkets™ 

March 28
09:17 2023
Liquid Ring Compressors Market will be Valued at US$ 337 Million by 2026 | MarketsandMarkets™ 
Browse 142 market data Tables and 55 Figures spread through 185 Pages and in-depth TOC on “Liquid Ring Compressors Market”
Liquid Ring Compressors Market by Type (Single-stage, Two-stage), Material Type (Stainless Steel, Cast Iron), Flow Rate (25 – 600 M3H; 600 – 3,000 M3H; 3,000 – 10,000 M3H; Over 10,000 M3H), Application, and Region

Liquid ring compressors are a type of rotary positive displacement compressor that seals the rotating impeller to the stationary casing with a liquid. Water is commonly used, but other liquids or a combination of liquids can also be used. The liquid forms a rotating seal, preventing air, gas, or liquid from escaping from the compressor. This type of compressor is used in a wide range of applications that require high pressures, such as hoover pumps, air compressors, and refrigeration systems.

The global liquid ring compressors market size was USD 874 million in 2020 and is projected to reach USD 1,229 million by 2026; at a CAGR of 5.8% from 2021 to 2026. The increasing global energy consumption is aiding the growth of the liquid ring compressors market.

Download PDF Brochure at  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264817142 

Based on type, the liquid ring compressors market has been segmented into single-stage and two-stage. The two-stage segment accounted for the largest share of the market, in terms of value, in 2020. This is majorly due to the increasing demand for two-stage liquid ring compressors across several industries such as oil & gas, water & wastewater, and power generation.

Based on material type, the stainless steel segment accounted for the largest market share, in terms of value, in 2020. The high corrosion resistance of the material is driving the growth of this segment. Stainless steel has a longer life and low maintenance than cast iron. Liquid ring compressors made from stainless steel are used in various applications such as pharmaceutical, food manufacturing, oil & gas, and power generation. 

Request a Sample of this Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=264817142 

Based on application, the liquid ring compressors market is segmented as petrochemical & chemical, oil & gas, pulp & paper, water treatment, food manufacturing, power generation, automobile, aircraft, EPS and plastics, and others. The oil & gas segment led the global market, accounting for the largest share in 2020 in terms of value. This segment is growing due to continuing developments in high crude oil-producing regions/countries such as the Middle East, North America, and Russia. 

Based on region, Asia Pacific is estimated to account for the largest market share in 2020, in terms of value. The market in this region is dominated by China. The growth of the market in Asia Pacific can be attributed to rapid economic expansion. Moreover, the region is attracting investors to set up their production facilities owing to the easy availability of raw materials and labor at low costs.

Get Customization on this Research Report for Specific Research Solutions@ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=264817142  

The key market players include Busch Vacuum Solutions (Germany), Flowserve Corporation (US), Atlas Copco (Sweden), Ingersoll Rand (US), DEKKER Vacuum Technologies, Inc. (US), Graham Corporation (US), Cutes Corp. (Taiwan), Zibo Zhaohan Vacuum Pump Co., Ltd (China), OMEL (Brazil), and Speck (Germany) and others.

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/liquid-ring-compressors-market-264817142.html

Categories