Market Size of Rotary Lobe Compressor Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 2.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
Rotary Lobe Compressor Market Analysis
The market for rotary lobe compressor is expected to grow more than 2% CAGR during the forecast period of 2020 - 2025. Factors such as increasing economic growth and rising demand for industrial treatment plants has been driving the demand for rotary lobe compressors. However, competition with other types of compressors is impeding growth in the market.
- The chemical application segment is expected to witness growth in the forecast period due to the increasing demand for the chemicals and its related products.
- As new sensors are getting better, leakages are getting detected faster and more accurately, which provides for both lowerings of prices (as the losses reduce) and increase in safety. This can become an opportunity for an increase in sales as the usage of rotary lobe compressor become safer and cheaper.
- The Asia Pacific region is expected to be the largest market, with the majority of the demand coming from countries such as China and India.
Rotary Lobe Compressor Industry Segmentation
The rotary lobe compressor market report include:
Type | |
Twin Lobe | |
Tri Lobe |
Application | |
Waste Water Treatment | |
Construction | |
Oil and Gas Industry | |
Chemical Industry | |
Power Generation | |
Other Applications |
Geography | |
North America | |
Asia-Pacific | |
Europe | |
South America | |
Middle-East and Africa |
Rotary Lobe Compressor Market Size Summary
The rotary lobe compressor market is poised for growth, driven by increasing economic activities and the rising demand for industrial treatment plants. Despite facing competition from other compressor types, the market is expected to benefit from advancements in sensor technology, which enhance safety and reduce costs by improving leakage detection. The chemical application segment is anticipated to experience significant growth due to the rising demand for chemicals and related products. The Asia-Pacific region, particularly China and India, is projected to be the largest market, fueled by the region's robust chemical and petrochemical industries, which require substantial amounts of rotary lobe compressors.
The market's expansion is further supported by the advantages of rotary lobe compressors, such as higher efficiency and low maintenance costs, making them ideal for various end-user industries in Asia-Pacific, including pneumatic conveying, water treatment, and cement production. The global trend towards domestic cement production, particularly in countries like India and Japan, is expected to bolster the market. Additionally, China's industrial growth and technological advancements are likely to drive the demand for rotary lobe compressors. The market is moderately consolidated, with key players like Aerzen Machines Pvt. Ltd., Ingersoll Rand Inc., and Gardner Denver Holdings, Inc. playing significant roles in shaping its trajectory.
Rotary Lobe Compressor Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2025
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Twin Lobe
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2.1.2 Tri Lobe
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2.2 Application
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2.2.1 Waste Water Treatment
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2.2.2 Construction
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2.2.3 Oil and Gas Industry
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2.2.4 Chemical Industry
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2.2.5 Power Generation
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2.2.6 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.2 Asia-Pacific
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2.3.3 Europe
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2.3.4 South America
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2.3.5 Middle-East and Africa
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Rotary Lobe Compressor Market Size FAQs
What is the current Rotary Lobe Compressor Market size?
The Rotary Lobe Compressor Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Rotary Lobe Compressor Market?
Aerzen Machines Pvt. Ltd, Gardner Denver Holdings, Inc. , Kaeser Compressors, Inc. , Ingersoll-Rand Inc. and Everest blowers pvt ltd are the major companies operating in the Rotary Lobe Compressor Market.