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 |
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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.
