| Product Code: ETC6349906 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium`s centrifugal compressor import market saw a diverse range of top exporting countries, with the UK, Germany, China, USA, and Metropolitan France leading the pack. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight improvement in growth rate from 2023 to 2024, the overall compound annual growth rate (CAGR) for the period 2020-2024 was negative at -6.22%. This data suggests a dynamic and evolving market landscape for centrifugal compressors in Belgium, driven by a mix of international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Centrifugal Compressor Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Centrifugal Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Centrifugal Compressor Market - Industry Life Cycle |
3.4 Belgium Centrifugal Compressor Market - Porter's Five Forces |
3.5 Belgium Centrifugal Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Centrifugal Compressor Market Revenues & Volume Share, By Discharge Pressure, 2021 & 2031F |
3.7 Belgium Centrifugal Compressor Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Belgium Centrifugal Compressor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Centrifugal Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient solutions in various industries |
4.2.2 Increasing adoption of centrifugal compressors in the oil gas sector |
4.2.3 Technological advancements leading to improved product efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with centrifugal compressors |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Stringent regulations regarding emissions and environmental impact |
5 Belgium Centrifugal Compressor Market Trends |
6 Belgium Centrifugal Compressor Market, By Types |
6.1 Belgium Centrifugal Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Centrifugal Compressor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Centrifugal Compressor Market Revenues & Volume, By Single-stage Centrifugal Compressor, 2021- 2031F |
6.1.4 Belgium Centrifugal Compressor Market Revenues & Volume, By Multi-stage Centrifugal Compressor, 2021- 2031F |
6.2 Belgium Centrifugal Compressor Market, By Discharge Pressure |
6.2.1 Overview and Analysis |
6.2.2 Belgium Centrifugal Compressor Market Revenues & Volume, By Below 20 Bars, 2021- 2031F |
6.2.3 Belgium Centrifugal Compressor Market Revenues & Volume, By Between 20 and 200 Bars, 2021- 2031F |
6.2.4 Belgium Centrifugal Compressor Market Revenues & Volume, By Between 200 and 400 Bars, 2021- 2031F |
6.2.5 Belgium Centrifugal Compressor Market Revenues & Volume, By Above 400 Bars, 2021- 2031F |
6.3 Belgium Centrifugal Compressor Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Belgium Centrifugal Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Belgium Centrifugal Compressor Market Revenues & Volume, By Power, 2021- 2031F |
6.3.4 Belgium Centrifugal Compressor Market Revenues & Volume, By Petrochemicals, 2021- 2031F |
6.3.5 Belgium Centrifugal Compressor Market Revenues & Volume, By Chemicals & Fertilizers, 2021- 2031F |
6.3.6 Belgium Centrifugal Compressor Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.7 Belgium Centrifugal Compressor Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.8 Belgium Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Belgium Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Belgium Centrifugal Compressor Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Belgium Centrifugal Compressor Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.3 Belgium Centrifugal Compressor Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Belgium Centrifugal Compressor Market Import-Export Trade Statistics |
7.1 Belgium Centrifugal Compressor Market Export to Major Countries |
7.2 Belgium Centrifugal Compressor Market Imports from Major Countries |
8 Belgium Centrifugal Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvements in centrifugal compressor designs |
8.2 Adoption rate of centrifugal compressors in key industries |
8.3 Research and development investments in innovative compressor technologies |
8.4 Maintenance and downtime reduction through predictive maintenance strategies |
8.5 Customer satisfaction levels with centrifugal compressor performance and reliability |
9 Belgium Centrifugal Compressor Market - Opportunity Assessment |
9.1 Belgium Centrifugal Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Centrifugal Compressor Market Opportunity Assessment, By Discharge Pressure, 2021 & 2031F |
9.3 Belgium Centrifugal Compressor Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Belgium Centrifugal Compressor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Centrifugal Compressor Market - Competitive Landscape |
10.1 Belgium Centrifugal Compressor Market Revenue Share, By Companies, 2024 |
10.2 Belgium Centrifugal Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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