The turbo expanders market is expected to grow to US$ 570.08 Mn by 2027 from US$ 302.05 Mn in 2017, growing at a CAGR of 6.7%.

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.

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Key players in this market include :

  • Air Products & Chemicals, Inc.
  • Atlas Copco, Inc.
  • Baker Hughes
  • Cryostar
  • Elliott Group
  • Honeywell International, Inc.
  • R&D Dynamics Corporation
  • Siemens AG
  • PJSG “Turbogaz”

The latest research report on the “Turbo Expanders Market– Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of Turbo Expanders Market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in Turbo Expanders Market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on Turbo Expanders Market in order to help decision makers with various strategic insights and future outlook. Turbo Expanders Market is expected to witness continued growth during the forecast period from 2020 to 2027.

This is a professional and in-depth study on the current state of Turbo Expanders Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Turbo Expanders Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The report focuses on global major leading Turbo Expanders Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Highlights key business priorities to assist companies realign their business strategies.

  • Features key findings and crucial progressive industry trends in the global Turbo Expanders Market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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