Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Thermocompressors Market by Type (Single Nozzle Thermocompressors, Multi Nozzle Thermocompressors), By Application (Petrochemical, Industrial, Pharmaceuticals, Paper Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Thermocompressors Market by Type (Single Nozzle Thermocompressors, Multi Nozzle Thermocompressors), By Application (Petrochemical, Industrial, Pharmaceuticals, Paper Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 216156 3300 Machinery & Equipment 377 232 Pages 4.5 (35)
                                          

Market Overview:


The global thermocompressors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thermocompressors in various applications such as petrochemical, industrial, pharmaceuticals, and paper industry. Additionally, the growing demand for energy-efficient equipment is also contributing to the growth of this market. Based on type, single nozzle thermocompressors are expected to account for a larger share of the global thermocompressors market than multi nozzle thermocompressors during the forecast period. This can be attributed to their high efficiency and low cost as compared with multi nozzle thermocompressors.


Global Thermocompressors Industry Outlook


Product Definition:


Thermocompressors are devices that use the expansion and compression of gases to convert thermal energy into mechanical work. They are used in a wide range of applications, including refrigeration, air conditioning, and power generation.


Single Nozzle Thermocompressors:


Single nozzle thermocompressors are used to control the flow of a fluid at constant pressure and temperature. These products find their application in various end-use industries such as oil & gas, chemical processing, food & beverage processing, pharmaceuticals and others. The single nozzle thermocompressors market is expected to witness significant growth over the forecast period owing to its advantages over multi-nozzle products which include compact size and cost effectiveness among others.


Multi Nozzle Thermocompressors:


Multi nozzle thermocompressors are used in the manufacturing process of semiconductors, consumer electronic products and automotive components. They are also used in various other industries including oil & gas, chemical processing, food processing and pulp & paper. The multi nozzle thermocompressors have a number of advantages over conventional ones such as they can handle high-volume production with improved quality and efficiency.


Application Insights:


Petrochemical emerged as the dominant segment in terms of revenue share in 2017. The growth can be attributed to rising demand for various products from the oil & gas industry, such as natural gas, synthetic crude oil and petroleum gases. Petrochemical is also expected to be one of the fastest growing segments over the forecast period owing to increasing thermocompressor usage in this application sector.


The industrial application segment is projected to witness significant growth during the forecast period due largelyto its ability to compress a large amount of air or steam at a time with relatively low energy consumption comparedto other machines used for these purposes. Moreover, it has been observed thatcompressed air or steam produced by these machines are more useful than those generated by conventional compressors since they consume less power and have greater efficiency resultingin higher demand for such devices across industrial applications worldwide.


Regional Analysis:


North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major petrochemical players such as ExxonMobil Corporation and large chemical manufacturing industry. In addition, increasing demand for pharmaceutical products is expected to drive the regional market over the forecast period.


The Asia Pacific is anticipated to witness significant growth over a projected period owing to rapid industrialization and expansion of end-use industries such as pharmaceuticals, chemicals, and metallurgy & mining in emerging economies including China and India.


Growth Factors:


  • Increasing demand for thermocompressors in the automotive industry for air conditioning and engine cooling applications
  • Growing demand from the HVAC market for residential and commercial buildings
  • Rising popularity of thermocompressors in renewable energy systems such as solar thermal, geothermal, and biomass power plants
  • Rapid growth of the medical refrigeration market due to increasing number of hospitals and clinics worldwide
  • Proliferation of miniaturized thermocompressors across a wide range of applications

Scope Of The Report

Report Attributes

Report Details

Report Title

Thermocompressors Market Research Report

By Type

Single Nozzle Thermocompressors, Multi Nozzle Thermocompressors

By Application

Petrochemical, Industrial, Pharmaceuticals, Paper Industry

By Companies

Forbes Marshall, Kadant, GEA Group, Mazda

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

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Thermocompressors Market Report Segments:

The global Thermocompressors market is segmented on the basis of:

Types

Single Nozzle Thermocompressors, Multi Nozzle Thermocompressors

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

Petrochemical, Industrial, Pharmaceuticals, Paper Industry

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:

  1. Forbes Marshall
  2. Kadant
  3. GEA Group
  4. Mazda

Global Thermocompressors Market Overview


Highlights of The Thermocompressors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Single Nozzle Thermocompressors
    2. Multi Nozzle Thermocompressors
  1. By Application:

    1. Petrochemical
    2. Industrial
    3. Pharmaceuticals
    4. Paper Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Thermocompressors 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

Global Thermocompressors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Thermocompressors are machines that compress air or other gases. They are used in industrial processes, such as welding and metalworking, to reduce the amount of air needed for a particular task.

Some of the major companies in the thermocompressors market are Forbes Marshall, Kadant, GEA Group, Mazda.

The thermocompressors 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. Thermocompressors 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. Thermocompressors Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Thermocompressors Market - Supply Chain
   4.5. Global Thermocompressors Market Forecast
      4.5.1. Thermocompressors Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Thermocompressors Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Thermocompressors Market Absolute $ Opportunity

5. Global Thermocompressors 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. Thermocompressors Market Size and Volume Forecast by Type
      5.3.1. Single Nozzle Thermocompressors
      5.3.2. Multi Nozzle Thermocompressors
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Thermocompressors 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. Thermocompressors Market Size and Volume Forecast by Application
      6.3.1. Petrochemical
      6.3.2. Industrial
      6.3.3. Pharmaceuticals
      6.3.4. Paper Industry
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Thermocompressors 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. Thermocompressors 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 Thermocompressors 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. Thermocompressors 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 Thermocompressors Demand Share Forecast, 2019-2026

9. North America Thermocompressors 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 Thermocompressors 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 Thermocompressors Market Size and Volume Forecast by Application
      9.4.1. Petrochemical
      9.4.2. Industrial
      9.4.3. Pharmaceuticals
      9.4.4. Paper Industry
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Thermocompressors Market Size and Volume Forecast by Type
      9.7.1. Single Nozzle Thermocompressors
      9.7.2. Multi Nozzle Thermocompressors
   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 Thermocompressors Demand Share Forecast, 2019-2026

10. Latin America Thermocompressors 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 Thermocompressors 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 Thermocompressors Market Size and Volume Forecast by Application
      10.4.1. Petrochemical
      10.4.2. Industrial
      10.4.3. Pharmaceuticals
      10.4.4. Paper Industry
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Thermocompressors Market Size and Volume Forecast by Type
      10.7.1. Single Nozzle Thermocompressors
      10.7.2. Multi Nozzle Thermocompressors
   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 Thermocompressors Demand Share Forecast, 2019-2026

11. Europe Thermocompressors 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 Thermocompressors 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 Thermocompressors Market Size and Volume Forecast by Application
      11.4.1. Petrochemical
      11.4.2. Industrial
      11.4.3. Pharmaceuticals
      11.4.4. Paper Industry
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Thermocompressors Market Size and Volume Forecast by Type
      11.7.1. Single Nozzle Thermocompressors
      11.7.2. Multi Nozzle Thermocompressors
   11.8. Basis Point Share (BPS) Analysis by ype
   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 Thermocompressors Demand Share, 2019-2026

12. Asia Pacific Thermocompressors 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 Thermocompressors 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 Thermocompressors Market Size and Volume Forecast by Application
      12.4.1. Petrochemical
      12.4.2. Industrial
      12.4.3. Pharmaceuticals
      12.4.4. Paper Industry
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Thermocompressors Market Size and Volume Forecast by Type
      12.7.1. Single Nozzle Thermocompressors
      12.7.2. Multi Nozzle Thermocompressors
   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 Thermocompressors Demand Share, 2019-2026

13. Middle East & Africa Thermocompressors 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 Thermocompressors 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 Thermocompressors Market Size and Volume Forecast by Application
      13.4.1. Petrochemical
      13.4.2. Industrial
      13.4.3. Pharmaceuticals
      13.4.4. Paper Industry
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Thermocompressors Market Size and Volume Forecast by Type
      13.7.1. Single Nozzle Thermocompressors
      13.7.2. Multi Nozzle Thermocompressors
   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 Thermocompressors Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Thermocompressors Market: Market Share Analysis
   14.2. Thermocompressors Distributors and Customers
   14.3. Thermocompressors Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Forbes Marshall
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Kadant
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. GEA Group
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Mazda
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. COMPANY5
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         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

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