Market Overview

The screw Compressor Market is expected to grow with a CAGR of 4.2% during the forecast period 2024-2031.

The global screw compressor market is anticipated to experience a shift in demand driven by current trends. Specifically, the exploration of new offshore oil fields in South America and Africa is expected to boost demand from these regions in the short to medium term.

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Market Growth Trends

Rapid Increase in Demand for Rare Earth Elements

Modern technologies, including consumer electronics, home appliances, and computers, rely heavily on rare earth elements. As technological advancements continue, the demand for these minerals has surged in recent years. However, with demand growing much faster than supply, rare earth mining activities have ramped up to meet the need.

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Market is segmented

Screw Compressor Market is segmented

By Type:  Oil-Free, Oil-Injected

By Stage:  Single Stage, Multi-Stage

By Operation:  Stationary, Portable

By End-User:  Chemical & Petrochemical, Food & Beverages, Mining & Metal, Oil & Gas, Automotive, Power, Others

By Region:  North America, Europe, South America, Asia Pacific, Middle East, and Africa

Market Key Players

·         Atlas Copco AB 

·         Ingersoll Rand 

·         MAN Energy Solution SE 

·         Gardner Denver 

·         Kaeser Kompressoren 

·         Boge Kompressoren 

·         BAUER COMP Holding GmbH 

·         Howden Group 

·         Kobe Steel Ltd. 

·         Hitachi Compressor (Suzhou) Co., Ltd.

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