Oil-Free Screw Compressors Market, Forecast 2024-2032
The Oil-Free Screw Compressors Market size was valued at USD 2.43 USD Billion in 2023 and is projected to reach USD 3.42 USD Billion by 2032, exhibiting a CAGR of 5.0 % during the forecast period. Oil-free screw compressors are advanced devices that bring a new breath into the air compression developments by making hiring an oil unnecessary. Much in contrast with the conventional compressors, they contain this special rotor, which compresses the air without any contamination of oil. They are made in a variety of designs among which we have the water-injected type and the dry screw type, each being characterized with its unique characteristics. Some major characteristics include high efficiency, inexpensive maintenance, and eco-friendliness. Plants may be used in several industries ranging from food and beverages, pharmaceutical drugs, electronics, and automotive manufacturing, where air quality is one of the most crucial elements. They provide clean, oil-free air and therefore ensure product quality and compliance with the highest industry standards. Their reliability and durability translate into less unplanned shutdowns that often result in increased costs from lost productivity.
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Industry:
April 2023: Aerzen unveiled its double-stage screw compressors 2C series at the HANOVER FAIR 2023.
February 2023: CompAir launched the DX series of screw compressors, with up to 7% energy reduction and up to 8% higher flow rates.
August 2022: Sullair and Hitachi presented oil-free air compressors at the Tairos/Automation Taipei Trade Show.
January 2022: Ingersoll Rand launched CompAir's D-Series oil-free rotary screw compressors for dynamic efficiency and high-quality oil-free compressed air.
Our report covers the latest trends, drivers, and challenges affecting the oil-free screw compressors market. It provides an in-depth analysis of the market segments, competitive landscape, and regional dynamics.
The Asia-Pacific region is expected to hold the largest market share over the forecast period due to the growing industrialization and increasing demand for oil-free compressed air in industries such as food and beverage and pharmaceutical.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.0% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.0% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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