| Product Code: ETC4492345 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India liquid ring compressors market import shipment demonstrated a robust CAGR from 2020-2024 of 15.6%. However, the growth rate between 2023 and 2024 slowed down to 8.0%. Overall, the market expanded significantly with a slight deceleration in growth towards the end of the period.
The India Liquid Ring Compressors Market is growing as industries seek reliable and efficient compression solutions for various gases and vapors. Liquid ring compressors are widely used in applications such as chemical processing, oil and gas, and pharmaceutical production. Their growth is influenced by the demand for dependable compression technology in these sectors.
The India liquid ring compressors market is growing steadily, primarily due to its critical role in various industrial processes, such as vacuum drying, distillation, and gas compression. Industries like pharmaceuticals, chemicals, and oil and gas require reliable compression solutions, and liquid ring compressors offer robust performance. The expansion of these industrial sectors, along with the need for efficient and durable compressors, drives the market. Furthermore, their environmentally friendly and low-maintenance features make them increasingly attractive to a broad range of industries.
The liquid ring compressors market in India grapples with issues related to energy efficiency and maintenance. As industries prioritize energy conservation, manufacturers need to develop compressors that offer high efficiency and reliability. Additionally, servicing liquid ring compressors can be complex, and the availability of skilled technicians for maintenance is a concern. Competition from imported compressors, which often come with advanced features, further intensifies the challenge for local manufacturers.
The India liquid ring compressors market faced challenges during the COVID-19 pandemic, as industries like oil and gas, chemical, and manufacturing experienced disruptions in operations and reduced investments. The reduced demand for certain compressed gases and the challenges in supply chains affected the market. However, the market also saw increased interest in liquid ring compressors for applications related to environmental and wastewater treatment. The emphasis on efficient and environmentally friendly solutions may drive the adoption of liquid ring compressors in the post-pandemic era. As industries recover and prioritize sustainability, the India liquid ring compressors market is expected to see growth driven by these factors.
In the liquid ring compressors market, companies like Gardner Denver and Tsurumi Manufacturing are key players in India. These companies offer efficient and reliable liquid ring compressor systems used in diverse industrial applications.
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 India Liquid Ring Compressors Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Ring Compressors Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Ring Compressors Market - Industry Life Cycle |
3.4 India Liquid Ring Compressors Market - Porter's Five Forces |
3.5 India Liquid Ring Compressors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Liquid Ring Compressors Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 India Liquid Ring Compressors Market Revenues & Volume Share, By Flow Rate, 2021 & 2031F |
3.8 India Liquid Ring Compressors Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Liquid Ring Compressors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid ring compressors in industries such as chemical, petrochemical, and pharmaceutical due to their reliability and efficiency. |
4.2.2 Growing investments in infrastructure development projects in India, leading to higher demand for liquid ring compressors for various applications. |
4.2.3 Rising focus on energy-efficient solutions to reduce operational costs and environmental impact, driving the adoption of liquid ring compressors. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of liquid ring compressors. |
4.3.2 Intense competition in the market leading to pricing pressures and margin constraints. |
4.3.3 Challenges related to maintenance and servicing of liquid ring compressors affecting their overall market growth. |
5 India Liquid Ring Compressors Market Trends |
6 India Liquid Ring Compressors Market, By Types |
6.1 India Liquid Ring Compressors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Ring Compressors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Liquid Ring Compressors Market Revenues & Volume, By Single-stage, 2021-2031F |
6.1.4 India Liquid Ring Compressors Market Revenues & Volume, By Two-stage, 2021-2031F |
6.2 India Liquid Ring Compressors Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Ring Compressors Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.3 India Liquid Ring Compressors Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3 India Liquid Ring Compressors Market, By Flow Rate |
6.3.1 Overview and Analysis |
6.3.2 India Liquid Ring Compressors Market Revenues & Volume, By 25 ?? 600 M3H, 2021-2031F |
6.3.3 India Liquid Ring Compressors Market Revenues & Volume, By 600 ?? 3,000 M3H, 2021-2031F |
6.3.4 India Liquid Ring Compressors Market Revenues & Volume, By 3,000 ?? 10,000 M3H, 2021-2031F |
6.3.5 India Liquid Ring Compressors Market Revenues & Volume, By Over 10,000 M3H, 2021-2031F |
6.4 India Liquid Ring Compressors Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Liquid Ring Compressors Market Revenues & Volume, By Petrochemical & Chemical, 2021-2031F |
6.4.3 India Liquid Ring Compressors Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.4 India Liquid Ring Compressors Market Revenues & Volume, By Food Manufacturing, 2021-2031F |
6.4.5 India Liquid Ring Compressors Market Revenues & Volume, By Aircraft, 2021-2031F |
6.4.6 India Liquid Ring Compressors Market Revenues & Volume, By Automobile, 2021-2031F |
6.4.7 India Liquid Ring Compressors Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.4.8 India Liquid Ring Compressors Market Revenues & Volume, By Power Generation, 2021-2031F |
6.4.9 India Liquid Ring Compressors Market Revenues & Volume, By Power Generation, 2021-2031F |
7 India Liquid Ring Compressors Market Import-Export Trade Statistics |
7.1 India Liquid Ring Compressors Market Export to Major Countries |
7.2 India Liquid Ring Compressors Market Imports from Major Countries |
8 India Liquid Ring Compressors Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of liquid ring compressors. |
8.2 Adoption rate of liquid ring compressors in key industries such as chemical, petrochemical, and pharmaceutical. |
8.3 Customer satisfaction levels and feedback on the performance and reliability of liquid ring compressors. |
8.4 Number of new infrastructure projects utilizing liquid ring compressors for various applications. |
8.5 Rate of technological advancements and innovations in liquid ring compressor designs and functionalities. |
9 India Liquid Ring Compressors Market - Opportunity Assessment |
9.1 India Liquid Ring Compressors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Liquid Ring Compressors Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 India Liquid Ring Compressors Market Opportunity Assessment, By Flow Rate, 2021 & 2031F |
9.4 India Liquid Ring Compressors Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Liquid Ring Compressors Market - Competitive Landscape |
10.1 India Liquid Ring Compressors Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Ring Compressors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |