Global Process Gas Compressors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Oil Injected, and Oil Free.

By Compressor Type;

Reciprocating Compressors, Rotary Screw Compressors, and Centrifugal Compressors.

By Drive Type;

Electric Drive, Internal Combustion Engine, and Hydraulic Drive.

By End User;

Oil & Gas, Manufacturing, Power Generation, Industrial Gases, and Healthcare.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn150867086 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Process Gas Compressors Market (USD Million), 2021 - 2031

In the year 2024, the Global Process Gas Compressors Market was valued at USD 5,972.28 million. The size of this market is expected to increase to USD 6,954.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.2%.

The global process gas compressors market plays a crucial role in a wide range of industries by enabling the compression and transportation of gas through pipelines, as well as supporting various applications in petrochemical, chemical, oil and gas, and power generation sectors. As industries continue to grow and expand, the demand for process gas compressors has surged, driven by the need for enhanced operational efficiency, energy conservation, and the integration of sustainable technologies. These compressors are essential for maintaining the desired pressure levels and ensuring the smooth operation of gas flow in industrial processes, from refining to manufacturing.

Process gas compressors can be broadly categorized based on type, including reciprocating, centrifugal, and screw compressors, each serving different applications and offering specific advantages in terms of capacity, pressure requirements, and efficiency. Reciprocating compressors, for example, are well-suited for handling high-pressure conditions, while centrifugal compressors are ideal for high-flow applications. Technological advancements, such as the development of more energy-efficient models and the incorporation of digitalization and automation, have significantly impacted the market. These innovations not only improve compressor performance but also provide operators with better monitoring and control capabilities.

The market’s growth is also attributed to the rising demand for natural gas as a cleaner alternative to coal and oil, which has led to an increase in gas processing, transportation, and storage. Additionally, the global push for cleaner energy solutions has resulted in the adoption of carbon capture technologies, which further increases the need for process gas compressors to manage CO2 transportation and storage. The booming industrialization in emerging economies, particularly in Asia-Pacific, is also contributing to the expansion of this market. Countries such as China and India are experiencing rapid growth in their chemical and petrochemical sectors, boosting demand for process gas compressors.

The market is not without its challenges. Issues such as fluctuating raw material prices, energy inefficiency concerns, and environmental regulations are creating pressure on manufacturers to innovate continuously. Moreover, the market faces competition from alternative technologies and the need for substantial investments in R&D to meet the evolving requirements of end-users. Despite these challenges, the global process gas compressors market is poised for steady growth, fueled by technological advancements and the increasing need for efficient and sustainable gas compression solutions in various industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Compressor Type
    3. Market Snapshot, By Drive Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Process Gas Compressors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Energy Efficiency
        2. Rising Industrialization and Urbanization
        3. Advancements in Compressor Technology
      2. Restraints
        1. High Initial Capital Investment
        2. High Maintenance and Operational Costs
        3. Fluctuating Raw Material Prices
      3. Opportunities
        1. Growing Demand from Renewable Energy Sector
        2. Technological Innovations in Gas Compression Systems
        3. Expansion of LNG Infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Process Gas Compressors Market, By Type, 2021 - 2031 (USD Million)
      1. Oil Injected
      2. Oil Free
    2. Global Process Gas Compressors Market, By Compressor Type, 2021 - 2031 (USD Million)
      1. Reciprocating Compressors
      2. Rotary Screw Compressors
      3. Centrifugal Compressors
    3. Global Process Gas Compressors Market, By Drive Type, 2021 - 2031 (USD Million)
      1. Electric Drive
      2. Internal Combustion Engine
      3. Hydraulic Drive
    4. Global Process Gas Compressors Market, By End User, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Manufacturing
      3. Power Generation
      4. Industrial Gases
      5. Healthcare
    5. Global Process Gas Compressors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Atlas Copco Group
      2. Ingersoll Rand Inc
      3. Sundyne LLC
      4. Siemens Energy AG
      5. Buckhardt Compression AG
      6. Borsig ZM GmbH
      7. Howden Group
      8. Bauer Kompressoren GmbH
      9. Sullair LLC
  7. Analyst Views
  8. Future Outlook of the Market