Booster Compressor Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by End User (Oil and Gas, Chemical, Power Generation, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

Market Snapshot

Booster Compressor-Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >4 %

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Market Overview

The power generation from natural gas has grown at a CAGR of 4%, which is expected to continue in the forecast period of 2020-2025. Power generation is one of the major applications of booster compressors and is expected to drive the market in the coming years. The growing power demand and developing industries in different countries are expected to drive market growth. Natural gas-fired power plants are growing significantly, which requires gas at high pressure using booster compressors. On the other hand, the oil and gas industry, which is a significant end-user of booster compressor, has shown a slow growth due to the COVID-19 pandemic in 2020, which can restrain the growth of the booster compressor considerably.

  • In the end-user, the oil and gas industry is the primary applicant for the booster compressor. The growing demand for compressor stations for gas transmission is expected to drive the market in the future.
  • Different nations are replacing coal-based power plants to natural gas-based, which is expected to create significant opportunities for booster compressors for both in transportation and power generation sectors in the future.
  • Asia-Pacific is anticipated to dominate the market in the forecast period. The growth in the chemical, oil and gas refining and processing industries in countries like China, India, Japan, and Taiwan are expected to create a significant demand for the booster compressor during the forecast period.

Scope of the Report

The booster compressor market report includes:

Oil and Gas
Power Generation
North America
South America
Middle-East and Africa

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Key Market Trends

Oil and Gas Sector to Dominate the Market

  • A booster compressor enables you to step up the pressure of the primary feed air compressor. These are used where high pressure and power are required, and existing compressors are unable to develop the required pressure.
  • Gas pipeline projects like The Baltic Pipe project between Denmark and Poland in the Baltic sea are expected to create a significant need for booster compressors for proper transportation of natural gas.
  • The natural gas production globally is increasing considerably, reaching 3868 billion cubic meters in 2018. The transportation of the increasing gas production requires booster compressors to transfer quickly in compressed form.
  • Booster compressors are used in different applications in the oil & gas industry, such as hydrocarbon blanketing, nitrogen compression, and at compression station. Multiple applications in the industry are creating considerable demand in the future.
  • The increasing midstream market especially developing city gas distribution projects, is expected to drive the demand of booster compressors in the oil and gas industry.
Booster Compressor Market-Natural Gas Production

Asia-Pacific to Dominate the Market

  • Asia-Pacific is expected to dominate the market for booster compressor. With industrial growth in countries like China, India, Japan, and Taiwan, significant demand for booster compressors is expected in the forecast period.
  • In 2019, Mitsubishi Hitachi Power Systems, Ltd. completed the installation of the natural gas-fired gas turbine combined cycle facilities for the “Jawa-2 Project” in Indonesia with a generation capacity of 880 MW. Natural gas-fired power plants are expected to drive the booster compressor market considerably.
  • In 2018, GAIL was executing 5000 km of trunk pipelines across India at the cost of INR 25,000 crores. The robust midstream growth is anticipated to create a favorable market for booster compressors in the coming period.
  • In 2018, Asia-Pacific generated 1458 TWh of electricity from natural gas plants, which is a significant applicant of booster compressors.
  • Asia-Pacific is showing positive growth in projects related to power generation using natural gas and in the midstream sector also, which will be driving the region to dominate in the booster compressor market.
Booster Compressor Market-Growth Rate by Region

Competitive Landscape

The booster compressor market is moderately fragmented. Some of the major companies include Boge Compressors Ltd, Atlas Copco Ltd, Kaeser Compressors Inc., Ingersoll-Rand plc, and Gardner Denver, Inc.

Table of Contents


    1. 1.1 Scope of Study

    2. 1.2 Market Definiton

    3. 1.3 Study Assumptions




    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast in USD billion, till 2025

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

      2. 4.5.2 Restraints

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitute Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry


    1. 5.1 Application

      1. 5.1.1 Oil and Gas

      2. 5.1.2 Power Generation

      3. 5.1.3 Chemical

      4. 5.1.4 Others

    2. 5.2 Geogrpahy

      1. 5.2.1 North America

      2. 5.2.2 Europe

      3. 5.2.3 Asia-Pacific

      4. 5.2.4 South America

      5. 5.2.5 Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 General Electric Company

      2. 6.3.2 Atlas Copco Ltd

      3. 6.3.3 BAUER COMP Holding GmbH,

      4. 6.3.4 Hitachi, Ltd.,

      5. 6.3.5 Ingersoll-Rand plc,

      6. 6.3.6 Gardner Denver, Inc

      7. 6.3.7 Kaeser Compressors Inc

      8. 6.3.8 Bauer Compressors Inc

      9. 6.3.9 Boge Compressors Ltd

    4. *List Not Exhaustive

**Subject to Availability

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Frequently Asked Questions

The Booster Compressor Market market is studied from 2016 - 2026.

The Booster Compressor Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Boge Compressors Ltd, Atlas Copco Ltd , Kaeser Compressors Inc , Ingersoll-Rand plc , Gardner Denver, Inc are the major companies operating in Booster Compressor Market.

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