Industries > Energy > Global Turboexpander Market Report 2019-2029

Global Turboexpander Market Report 2019-2029

Analysis by Loading Device (Generator, Compressor, and Oil Break), Application (Air Separation, Liquefied Natural Gas, Petrochemical Processing, Waste Heat or Other Power Recovery, Hydrocarbon, Others), End-User (Oil & Gas, Manufacturing and Power Generation), Company and Country Analysis and Forecasts

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Market Definition:
• Turboexpander is an axial-flow or centrifugal turbine also known as expander turbine, through which the process fluid functions against the turboexpander while moving from high pressure to a lower pressure
• Bearing types for turboexpanders include oil bearings (used only at room temperature), gas bearings and magnetic bearings.

Market Overview and Trends
• In August 2018, Air Products acquired BHGE’s Rotoflow turboexpander business.
• In August 2018, Atlas Copco acquired QUISS AG for an undisclosed amount.

Market Dynamics:

Factors Influencing the Market Growth:
• Increase in focus on energy efficiency.
• Rise in share of natural gas in primary energy consumption

Factors Restraining the Market Growth:
• High Initial Cost for Smaller Installations

Market Segmentation 2019-2029:

Loading Device
• Generator Market, 2019-2029
• Compressor Market, 2019-2029
• Oil Break Market, 2019-2029

Application
• Air Separation Market, 2019-2029
• Liquefied Natural Gas Market, 2019-2029
• Petrochemical processing Market, 2019-2029
• Waste heat or other power recovery Market, 2019-2029
• Hydrocarbon Market, 2019-2029
• Others Market, 2019-2029

End-User
• Oil & Gas Market
• Manufacturing Market
• Power Generation Market

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Latin America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Key players are enhancing the competitive landscape of this market by undertaking different acquisitions and agreements in the global turbo expander industry.

Major Market Players:
• Key company profiles such as Atlas Copco, Bhge, Cryostar, Air Products and Chemicals, L.A. Turbine, Honeywell, Man, Siemens, ACD, Elliott Group, R&D Dynamics Corporation and Turbogaz are also provided in this report.

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