Market Insights
Chlorine Compressors Market is likely to witness a CAGR of 3.7% during the forecast period. Compressors are crucial components in chlorine (Cl) producing plants as well as in the industries for further processing of chlorine. In factories, these compressors regulate chlorine pressure and maintain a consistent flow rate. Chemical production is likely to depict proportional growth during the forecast period on account of the increasing demand for PVC. Furthermore, growth in chemical production, widespread use of chlorine in the production of organic and inorganic chemicals, paper & pulp, and water treatment projects around the globe are some of the major factors expected to drive the growth of the market during the forecast period.
Chlorine Compressors Market – Snapshot
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Growth
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3.7% for the next five years
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Major Product Type
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Liquid Ring Compressors
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Region with the highest demand
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North America
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Key Players
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Devi Hitech Engineers Pvt. Ltd., Sundyne, Gardner Denver Nash, LLC Elliott Group, Garo, RefTec International Systems, LLC, Mayekawa Mfg. Co., Ltd., Mikuni Kikai Kogyo Co., Ltd., Charam Techno Chemical & Equipment (p) Ltd., M. H. Industries
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Market Segments' Analysis
Chlorine Compressors Market Share: By Product Type
Based on the product type, the market is segmented as liquid ring compressors and centrifugal compressors. The liquid ring compressors segment is expected to lead the market during the forecast period. This growth is mainly attributable to the ability of liquid ring compressors to handle chlorine in liquid state. The consumption of liquid ring and centrifugal compressors is primarily determined by the size and capacity of the plant, as well as the grade of Cl manufactured. The demand is determined by the complexity of the Cl plant and the desired discharge pressure.
Chlorine Compressors Market Share: By Region
In terms of regions, North America is estimated to be the leading region in the market during the forecast period due to the availability of ethylene and low electricity prices that are half of those in Europe. Furthermore, the economic recovery is expected to boost the domestic consumption, and construction spending is expected to drive the PVC demand in North America. Also, Asia Pacific is expected to register significant growth during the forecast period owing to the rising PVC industry demand in the region.
Market Scope & Segmentation
Compressors for chlorine are mechanical devices that compress chlorine as a solid or a liquid. Liquid ring and centrifugal chlorine compressors are the most prevalent.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Chlorine Compressors Market Research Report - Features
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Market Segmentation
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2
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The chlorine compressors market is segmented into the following categories.
Chlorine Compressors Market Size, Share, & Forecast, by Product Type:
- Liquid Ring Compressors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Centrifugal Compressors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Chlorine Compressors Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Key Players
Some of the key players in the Chlorine Compressors Market are-
- Devi Hitech Engineers Pvt. Ltd.
- Sundyne
- Gardner Denver Nash
- LLC Elliott Group
- Garo
- RefTec International Systems
- LLC
- Mayekawa Mfg. Co., Ltd.
- Mikuni Kikai Kogyo Co., Ltd.
- Charam Techno Chemical & Equipment (p) Ltd.
- M. H. Industries.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation by any one of the product types by country.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.