Market Overview:
The global PET compressors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The PET compressors market was valued at US$ 1,362.8 Mn in 2017 and is projected to reach US$ 2,023.7 Mn by 2030. Reciprocating type had a market share of 71% in 2018, followed by screw type and centrifugal type. By application, food and beverage accounted for the majority share of the global PET compressors market in 2018 and is expected to maintain its dominance during the forecast period as well,.
Product Definition:
A PET compressor is a type of compressor that uses the pressure-exchange principle to compress refrigerant gas. The importance of PET compressors is that they can be used to achieve high compression ratios with low power consumption.
Reciprocating Type:
Reciprocating type is a reciprocating compressor, which means it uses two pistons to compress the air. It has advantages such as less power consumption and low noise level. The major advantage of this machine is that it can be used for both positive and negative pressure applications making them ideal for various industrial processes.
Screw Type:
Screw type is a method of mounting machine parts on the basis of their threads. It is widely used in applications that require tight tolerances such as aerospace and automotive industries. The method provides high accuracy, repeatability, and precision which are highly valued in several industrial applications including PET compressors.
Application Insights:
The food and beverage application segment led the global PET compressors market in 2018. The segment is projected to expand further over the forecast period owing to rising demand for packaged food products across various regions, including Asia Pacific and Europe. In addition, growing consumption of alcoholic drinks such as wine is expected to boost product demand over the next eight years.
PET has a wide range of applications in pharmaceutical industry including drug packaging, blister packaging, vial packing among others. Growing usage of blister packs for tablets and pills among patients is expected to drive growth over the forecast period due to increasing healthcare spending globally. Blister packings are available in different sizes such as 10s or 100s depending upon required quantity per unit time which helps manufacturers meet high production demands while maintaining high quality standards at affordable costs for end-users globally (Pharmaceutical companies).
Regional Analysis:
North America dominated the global pet compressors market in 2018. This is attributed to the presence of a large number of pharmaceutical and biopharmaceutical companies, which are majorly involved in R&D activities for new drug development. Moreover, North America has one of the highest per capita income levels that enables people to spend on luxury goods including pets’ health care products and services.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing healthcare expenditure by pet owners coupled with rising disposable income levels in emerging countries such as China and India. Furthermore, an increase in foreign direct investments by multinational players operating within Asia Pacific will boost regional growth over next eight years.
Growth Factors:
- Increasing demand for compressed air in various industries such as automotive, food and beverage, metal fabrication, and others is expected to drive the growth of the PET compressors market.
- The growing popularity of PET bottles among consumers is also anticipated to fuel the demand for PET compressors in the near future.
- Rapid industrialization and urbanization across emerging economies are projected to create lucrative opportunities for the PET compressors market during the forecast period.
- The increasing adoption of energy-efficient technologies by compressor manufacturers is likely to boost the growth of this market in coming years. 5) Growing investments by key players in research and development activities aimed at enhancing product offerings is also expected to propel the growth of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Compressors Market Research Report
By Type
Reciprocating Type, Screw Type, Centrifugal Type, Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
By Application
Food and Beverage, Pharmaceutical, Personal Care, Others
By Companies
Ingersoll Rand, AF Compressors, Gardner Denver, Atlas Copco, Kaeser, ABC Compressors, SIAD Macchine Impianti, Neuman & Esser, LMF, KAJl, Hertz, Applied Compression Systems, Kaishan, Shanghai Guosha Compressor, Shanghai Rotorcomp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global PET Compressors Market Report Segments:
The global PET Compressors market is segmented on the basis of:
Types
Reciprocating Type, Screw Type, Centrifugal Type, Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Pharmaceutical, Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ingersoll Rand
- AF Compressors
- Gardner Denver
- Atlas Copco
- Kaeser
- ABC Compressors
- SIAD Macchine Impianti
- Neuman & Esser
- LMF
- KAJl
- Hertz
- Applied Compression Systems
- Kaishan
- Shanghai Guosha Compressor
- Shanghai Rotorcomp
Highlights of The PET Compressors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reciprocating Type
- Screw Type
- Centrifugal Type
- Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
- By Application:
- Food and Beverage
- Pharmaceutical
- Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PET Compressors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PET compressors are used to reduce the size of PET bottles.
Some of the major companies in the pet compressors market are Ingersoll Rand, AF Compressors, Gardner Denver, Atlas Copco, Kaeser, ABC Compressors, SIAD Macchine Impianti, Neuman & Esser, LMF, KAJl, Hertz, Applied Compression Systems, Kaishan, Shanghai Guosha Compressor, Shanghai Rotorcomp.
The pet compressors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PET Compressors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PET Compressors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PET Compressors Market - Supply Chain
4.5. Global PET Compressors Market Forecast
4.5.1. PET Compressors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PET Compressors Market Size (000 Units) and Y-o-Y Growth
4.5.3. PET Compressors Market Absolute $ Opportunity
5. Global PET Compressors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PET Compressors Market Size and Volume Forecast by Type
5.3.1. Reciprocating Type
5.3.2. Screw Type
5.3.3. Centrifugal Type
5.3.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PET Compressors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PET Compressors Market Size and Volume Forecast by Application
6.3.1. Food and Beverage
6.3.2. Pharmaceutical
6.3.3. Personal Care
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PET Compressors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PET Compressors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PET Compressors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PET Compressors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PET Compressors Demand Share Forecast, 2019-2026
9. North America PET Compressors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PET Compressors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PET Compressors Market Size and Volume Forecast by Application
9.4.1. Food and Beverage
9.4.2. Pharmaceutical
9.4.3. Personal Care
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PET Compressors Market Size and Volume Forecast by Type
9.7.1. Reciprocating Type
9.7.2. Screw Type
9.7.3. Centrifugal Type
9.7.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PET Compressors Demand Share Forecast, 2019-2026
10. Latin America PET Compressors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PET Compressors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PET Compressors Market Size and Volume Forecast by Application
10.4.1. Food and Beverage
10.4.2. Pharmaceutical
10.4.3. Personal Care
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PET Compressors Market Size and Volume Forecast by Type
10.7.1. Reciprocating Type
10.7.2. Screw Type
10.7.3. Centrifugal Type
10.7.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PET Compressors Demand Share Forecast, 2019-2026
11. Europe PET Compressors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PET Compressors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PET Compressors Market Size and Volume Forecast by Application
11.4.1. Food and Beverage
11.4.2. Pharmaceutical
11.4.3. Personal Care
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PET Compressors Market Size and Volume Forecast by Type
11.7.1. Reciprocating Type
11.7.2. Screw Type
11.7.3. Centrifugal Type
11.7.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PET Compressors Demand Share, 2019-2026
12. Asia Pacific PET Compressors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PET Compressors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PET Compressors Market Size and Volume Forecast by Application
12.4.1. Food and Beverage
12.4.2. Pharmaceutical
12.4.3. Personal Care
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PET Compressors Market Size and Volume Forecast by Type
12.7.1. Reciprocating Type
12.7.2. Screw Type
12.7.3. Centrifugal Type
12.7.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PET Compressors Demand Share, 2019-2026
13. Middle East & Africa PET Compressors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PET Compressors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PET Compressors Market Size and Volume Forecast by Application
13.4.1. Food and Beverage
13.4.2. Pharmaceutical
13.4.3. Personal Care
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PET Compressors Market Size and Volume Forecast by Type
13.7.1. Reciprocating Type
13.7.2. Screw Type
13.7.3. Centrifugal Type
13.7.4. Reciprocating Type had a market share of 71% in 2018, followed by Screw Type and Centrifugal Type.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PET Compressors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PET Compressors Market: Market Share Analysis
14.2. PET Compressors Distributors and Customers
14.3. PET Compressors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ingersoll Rand
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AF Compressors
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gardner Denver
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Atlas Copco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kaeser
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABC Compressors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SIAD Macchine Impianti
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Neuman & Esser
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LMF
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KAJl
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hertz
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Applied Compression Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kaishan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Guosha Compressor
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Rotorcomp
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
