from the motor is less , which increases the efficiency of the compressor even at high pressure . The air-cooled booster compressor is more cost-effective than the water-cooled booster compressor . These factors are driving the growth of the air-cooled booster compressor market , during forecasted period .
Asia Pacific : The leading market for booster compressors
Asia Pacific is projected to be the largest market for booster compressors during the forecast period . The major economies in the region such as China , India , and Australia are investing in the oil & gas industry in order to reduce their imports and meet their growing demand for oil & gas . The rising demand for oil & gas is attributed to the rapid industrialization in the region . The demand for natural gas in the region is increasing as countries such as China are diversifying their energy mix and moving toward natural gas to be used as a source for power generation . In addition , the petrochemical market in the region is rising driven by the growing oil & gas investments in the region . Booster compressors are used for different applications in this industry such as drilling activities in the oil & gas industry and air separation in the petrochemical industry . The growing investments in this industry is driving the booster compressor market in the region .
To enable an in-depth understanding of the competitive landscape , the report includes the profiles of some of the top players in the booster compressor market . These players include Atlas Copco ( Sweden ), Ingersoll Rand ( Republic of Ireland ), Kaeser Kompressoren ( Germany ), SAUER Compressor ( Germany ) and BAUER Kompressoren ( Germany ). The leading players are trying to make inroads in the market in the developed economies and are adopting various strategies to increase their market shares .
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