Oil Filled Air Compressor Market Demand, Supply, Growth & Forecast By 2018 – 2024

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Oil Filled Air Compressor Market Growth,
Application Analysis from 2018 to 2024
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Global Market Scenario of Oil Filled Air
Compressor Market

• Industrial manufacturing is the major growth
  sector for global economy with diverse companies
  across general manufacturing, furniture
  manufacturing, plastic, silicone and rubber
  manufacturing, and metal fabrication, to name
  some.
• The use of oil filled air compressor in these
  industries to generate a continuous source of
  durable, dependable, and efficient pressurized
  air will boost the product market.
• Rising use of these machines in the mining and
  oil gas sectors will drive the portable air
  compressor market, especially in the Asia Pacific
  region.
• Asia Pacific is one of the most significant
  regions with industrial development driven by the
  increase in several government as well as private
  initiatives.
• The manufacturing sector of India grew at a
  growth rate of 7.7 in 2017 and will continue to
  grow at a significant rate, thus promoting the
  product market demand by 2024.

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• The increasing use of oil free air compressor in
  various sectors such as food beverage, medical,
  healthcare, semiconductor will hinder the oil
  lubricated air compressor market.
• The oil free air compressor is lighter in weight
  which allow the machine itself to be carried
  easily. According to U.S. Food and Drug
  Administration, the air used in food beverage
  industry should be completely free of oil, water
  and other contaminants.
• The higher costs of these newly developed movable
  machines, is likely to negatively affect the
  portable air compressor market growth during the
  forecast timeframe.

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U.S. Oil Filled Air Compressor Market Size, by
End-user, 2013 2024 (USD Billion)
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360 Industry Analysis

• Based on application, oil filled air compressor
  industry is segmented into energy, mining
  quarrying, building construction, oil gas,
  manufacturing, home appliances, electrical
  electronics and others. Energy sector is likely
  to generate revenue over 370 million, growing at
  a substantial rate during the forecast time
  period. The installation of new thermal power
  plants in the Asia Pacific region will drive the
  oil filled air compressor market. For instance,
  China will install more than 160 and India
  install more than 50 new power plants during
  forecast timeframe.

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• Regional Analysis
• Brazil oil lubricated air compressor market is
  likely to generate revenue over USD 300 million
  at the end of the forecast spell due to positive
  growth in mining industry. The mining sector
  accompanies almost 7 of its GDP due to
  increasing investments by the government and
  other mining groups.
• Competitive Analysis
• Major participants in the oil lubricated air
  compressor market which holds the key chunk
  include Sullair LLC, Ingersoll-Rand plc, Atlas
  Copco, Gardner Denver, Inc., Doosan Portable
  Power, Kaeser Kompressoren SE, Hubei Teweite
  Power Technology Company Limited, and
  Sullivan-Palatek, Inc.

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