Gas Compressors Market Size, Trends & Growth With Top Companies Analysis by 2025
According to the new report by IMARC Group, titled “ Gas Compressors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the global gas compressors market grew at a CAGR of 7% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during the next five years. Gas compressors are mechanical devices used to increase the static pressure of a gas by decreasing the volume. Two commonly used gas compressors are positive displacement and dynamic gas compressors. Positive displacement compressors comprise rotary and reciprocating variants that compress the gas by confining it in a closed space and increasing the pressure. Whereas the dynamic compressor employs a centrifugal and axial compressor that compresses the gas through the mechanical impellers or rotating vanes. These compressors are used for gases, such as ethylene, fluorine, argon, etc. As a result, they find numerous applications in manufacturing...