Product Code: ETC292825 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Gas Compressor Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 3.67% in 2025, the growth rate steadily ascends to 14.90% in 2029.
By 2027, the Gas Compressor market in Thailand is anticipated to reach a growth rate of 5.81%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The market for gas compressors in Thailand has been witnessing significant growth in recent years. With the increasing demand for natural gas in various industrial applications, the need for efficient gas compression solutions has surged. Gas compressors are essential for transporting and storing natural gas, making them a critical component of the energy infrastructure. Key players in this market offer a wide range of compressors, catering to diverse industry needs. This includes reciprocating compressors, rotary screw compressors, and centrifugal compressors, each with its unique advantages and applications. The market is also experiencing innovation with the development of more energy-efficient and environmentally friendly compressor technologies. This trend is driven by environmental regulations and the growing emphasis on sustainability. Overall, the Thailand gas compressor market is poised for continued growth as the country`s industrial and energy sectors expand.
The Thailand Gas Compressor market is expanding owing to the country`s growing industrial sector and energy needs. Gas compressors are critical for various applications, including natural gas processing, petrochemicals, and power generation. The increasing consumption of natural gas and the need to transport it efficiently are driving investments in gas compression infrastructure. Additionally, Thailand`s efforts to reduce carbon emissions and transition to cleaner energy sources are spurring demand for gas compressors in renewable energy projects such as biogas production.
The Thailand Gas Compressor market is challenged by fluctuations in energy prices and demand. As gas prices fluctuate, industries that rely on gas compressors may adjust their operations, affecting the demand for these machines. Additionally, the need to comply with stringent environmental regulations adds complexity to compressor design and operation. Maintenance and spare parts availability are also crucial concerns, as downtime in gas compression operations can be costly.
The Thailand gas compressor market experienced a downturn during the pandemic. Reduced industrial activity and oil price volatility led to decreased demand for compressors. Industries like oil and gas, manufacturing, and transportation, which are major users of gas compressors, faced operational challenges. Many projects were postponed, leading to a decline in new compressor installations. Recovery in this market was closely tied to the revival of industrial and energy sectors.
Key players in the Thailand Gas Compressor market include Atlas Copco AB, Ingersoll Rand Inc., and Siemens AG. These companies provide gas compression solutions for various industries.
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 Thailand Gas Compressor Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gas Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Gas Compressor Market - Industry Life Cycle |
3.4 Thailand Gas Compressor Market - Porter's Five Forces |
3.5 Thailand Gas Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Gas Compressor Market Revenues & Volume Share, By Compressor, 2021 & 2031F |
3.7 Thailand Gas Compressor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Thailand Gas Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural gas as a cleaner energy source in Thailand |
4.2.2 Growth in industrialization and manufacturing sectors driving the need for gas compressors |
4.2.3 Government initiatives to promote the use of natural gas for energy generation |
4.3 Market Restraints |
4.3.1 Fluctuating prices of natural gas impacting investment decisions |
4.3.2 Competition from alternative energy sources such as renewables |
4.3.3 Technological advancements leading to the development of more efficient gas compression solutions |
5 Thailand Gas Compressor Market Trends |
6 Thailand Gas Compressor Market, By Types |
6.1 Thailand Gas Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gas Compressor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Gas Compressor Market Revenues & Volume, By Oil Injected, 2021-2031F |
6.1.4 Thailand Gas Compressor Market Revenues & Volume, By Oil Free, 2021-2031F |
6.2 Thailand Gas Compressor Market, By Compressor |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gas Compressor Market Revenues & Volume, By Dynamic Compressor, 2021-2031F |
6.2.3 Thailand Gas Compressor Market Revenues & Volume, By Positive Displacement Compressor, 2021-2031F |
6.3 Thailand Gas Compressor Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Thailand Gas Compressor Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Thailand Gas Compressor Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.4 Thailand Gas Compressor Market Revenues & Volume, By Mining, 2021-2031F |
6.3.5 Thailand Gas Compressor Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 Thailand Gas Compressor Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.7 Thailand Gas Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Gas Compressor Market Import-Export Trade Statistics |
7.1 Thailand Gas Compressor Market Export to Major Countries |
7.2 Thailand Gas Compressor Market Imports from Major Countries |
8 Thailand Gas Compressor Market Key Performance Indicators |
8.1 Average utilization rate of gas compressors in Thailand |
8.2 Number of new industrial projects using gas compressors |
8.3 Energy efficiency improvements in gas compressor technology |
9 Thailand Gas Compressor Market - Opportunity Assessment |
9.1 Thailand Gas Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Gas Compressor Market Opportunity Assessment, By Compressor, 2021 & 2031F |
9.3 Thailand Gas Compressor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Thailand Gas Compressor Market - Competitive Landscape |
10.1 Thailand Gas Compressor Market Revenue Share, By Companies, 2024 |
10.2 Thailand Gas Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |