Oil-injected screw compressors range used in industries such as road side construction, mining &
processing plants, and automobiles to decrease cost downtime and production delays. Oil-free screw
compressors are expected to grow at the fastest rate during the forecast period, due to requirement
of clean and oil-free air by food & beverage, electronics, textile, and pharmaceutical industries. This
segment is estimated to make new income pockets for the screw compressor market size during the
forecast period.
Based on stage, the screw compressor market size is classified into single-stage, and multi-stage. The
single stage segment dominates the global market size and expected to grow at the fastest pace
during the forecast period. This is due to the rising demand for screw compressors in industries where
process needs continuous high air quality in a shorter downtime. These compressors are more
appropriate for industries such as petrochemicals, mining and oil & gas as they help in maintaining
continuous and incessant operations.
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Based on technology, the screw compressor market size is classified into stationary and portable. On
the basis of end user, the global market size is classified into Oil & Gas, Chemicals & Petrochemicals,
Food & Beverage, Automotive, Power Plants, Mining & Metals, Others. Others include
pharmaceuticals, construction, textile, and electronics. The oil & gas segment accounted for the
largest market share of screw compressor market. Screw compressor are used for onshore and
offshore applications, oscillating from vapor recovery and gas handling to flash gas processing and
fuel gas boosting.
The food & beverage segment is expected to grow at the highest CAGR over the forecast period. Due
to increasing use of compressed air in food processing, cooling and packaging applications. The food
and beverage end-users need to be 100% pure oil-free air for processing food. Therefore, oil-free
screw compressors are used in this industry in order to maintain air quality standards. Geographically,
the global market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East
and Africa.
Asia Pacific region accounts the largest market share of screw compressor industry and is expected
to remain dominant over the forecast period. This is due to increasing industrialization and