Turbo-expanders are increasingly used for industrial applications such as low-temperature process requirements and liquefaction. Further, turbo-expanders also help in the processes including extraction of natural-gas liquids and ethane from natural gas. The rise in the food processing industry across the world demands installations of large refrigeration systems at the manufacturing as well as distribution plants. Industrial refrigeration systems today are being used in a plethora of industries today that include food processing, chemicals industry, fishing & meat packing industry, the pharmaceutical industry, process industry, and the oil & gas industry.
All these industries have significant contributions to drive the turbo expanders market. The installations of turbo-expanders along with the refrigerators enable an increase in the energy efficiencies significantly and thereby mandate their integrations. Refrigeration is vital for reducing post-harvest and post-slaughtering losses and in the preservation of food products. As refrigeration maintains food safety, nutritional and organoleptic qualities, it has become fundamental for the food processing industry.
The List of Companies
1. ACD LLC
2. Air Products & Chemicals, Inc.
3. Atlas Copco, Inc.
4. Baker Hughes
6. Elliott Group
7. Honeywell International, Inc.
8. R&D Dynamics Corporation
9. Siemens AG
10. PJSG “Turbogaz”
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The turbo expanders market has been segmented into three reportable segments namely, loading devices, application, and end-user. Based on loading devices, the turbo expanders market has been divided into compressor, generator, and oil brake. On the basis of application, the turbo expanders market has been bifurcated into hydrocarbon, air separation, and others. Further, the end-user of these turbo expanders include oil & gas, power generation, and industrial sector. The global analysis for turbo expanders market is conducted by considering various countries of five continents. Wherein, it is observed that North America and the Asia Pacific are dominating in the market with maximum shares, owing to the dense presence of natural-gas coupled with technological integrations in the extraction activities that are propelling the adoption of turbo expanders.
The overall turbo expanders market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the turbo expanders market. It also provides the overview and forecast for the turbo expanders market based on all the segmentation provided with respect to the five major regions such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, the primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the turbo expanders industry.
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Reason To Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the turbo expander market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering in developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to segmentations like loading device, application, and end user.
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