Oil-Free Screw Compressor Market Size, Share, Opportunities, And Trends By Stages Type (Single Stage, Multi-Stage), By Industry (Food & Beverage, Automotive, Semiconductor, Pharmaceutical & Chemical, Metal & Mining, Oil & Gas, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061616412
  • Pages : 147

The Oil-Free Screw Compressor market is predicted to expand at a significant rate over the forecast period.

The rising demand for oil-free screw compressors in a variety of sectors is propelling the oil-free screw compressors market. Oil-free screw compressors are commonly employed in sectors such as food and beverage, pharmaceutical, and chemical, where air purity is vital. The industry is also being driven by a growing awareness of the environmental benefits of oil-free compressors. Oil-free compressors do not require oil lubrication, reducing the environmental effect of compressor operations. Furthermore, rigorous pollution and energy efficiency rules are encouraging the use of oil-free compressors.

Introduction:

An Oil-Free Screw Compressor is a cutting-edge air compression device that produces clean, contaminant-free compressed air for a variety of industrial applications. Oil-free screw compressors, as opposed to standard compressors, reduce the potential of oil contamination This makes them indispensable in businesses where product quality, environmental laws, and energy efficiency are critical. Air purity is crucial in many applications where even the tiniest drop of oil or oil-contaminated air can cause product deterioration, recall, or damage to manufacturing equipment. Various sectors have evolved severe quality requirements to safeguard the safety of both production processes and end users. Oil-less compressors are guaranteed to satisfy ISO 8573-1 Class Zero criteria. Oil-free air compressors might be the right choice for compressed air applications that demand the highest standards of air purity. The oil-free screw compressor market is expanding rapidly due to several factors, including increased environmental awareness, stringent emission regulations, a growing emphasis on energy efficiency, expanded manufacturing activities, and rising demand for uncontaminated compressed air in critical sectors such as healthcare and electronics. The market's trajectory is further accelerated by continuous technical breakthroughs, making oil-free screw compressors a favoured choice for enterprises looking for dependable and long-term compressed air solutions.

Market Drivers:

  • The growing stringent environmental regulation is propelling the market growth: The growing emphasis on environmental sustainability and rigorous emission laws fuel the need for oil-free screw compressors. These compressors minimize the possibility of oil contamination in compressed air, making them environmentally friendly.
  • Rising awareness towards energy efficiency is promoting growth: Oil-free screw compressors are known for their energy-efficient performance, which is a vital concern for enterprises. Businesses are increasingly using these compressors to minimize energy consumption and operational expenses. This is in line with the worldwide emphasis on environmentally friendly and energy-efficient technology.
  • Rising utilization and adoption from various industries are fueling the growth: Pharmaceuticals, food and beverage, electronics, and textiles are driving the market because oil-free compressed air is required to ensure product quality and safety. As these sectors expand, so does the need for oil-free screw compressors.
  • Recent technological advancements are boosting market dynamics: Compressor technological developments, such as improvements in rotor design, control systems, and materials, contribute to the efficiency and dependability of oil-free screw compressors. These technical advancements improve performance and make a wider range of applications more appealing.
  • Growing demand from the healthcare industry is a prime market driver: The healthcare industry, with its demanding requirements for clean and oil-free air in different medical procedures and equipment, contributes considerably to the need for oil-free screw compressors. Global healthcare infrastructure development accelerates market growth.

Products offered by key companies:

  • Oil-free screw compressors, Howden Group (Chart Industries): Oil-free screw compressors are available in a variety of forms and materials, allowing for the most compact arrangement while handling gases with high quantities of liquid, dirt, and particles. The oil-free compressor range can compress gas to discharge pressures of up to 45 bar (653 psi) and differential pressures of up to 15 bar (217 psi).
  • TWO STAGE OIL-FREE AIR COMPRESSOR 45-450 KW, Elgi Equipments Limited: ELGi's oil-free air compressors deliver class zero oil-free air while delivering industry-leading energy economy, dependability, and low operating costs, all backed by a Best-in-Class guarantee. Oil-free air compressors, also known as dry screw air compressors, are utilized in a variety of applications where air quality is crucial, such as colour coating, electronic chip fabrication, automated assembly lines, and many more.
  • Oil-free Multi-stage Screw Compressor Series 2C, Aerzen: AERZEN oil-free, compressing screw compressors are employed in a wide range of high-demand applications where the quality of the conveyed medium has a major impact on the manufacturing process and the end product.

The prominent growth is projected in the Food and beverages sector under the End-User segment

The single-stage segment is projected to become the market leader in the oil-free screw compressor market. This is owing to its economic benefits and the availability of dependable solutions from various manufacturers. These compressors, which consist of a single set of rotors within a single stator housing, can be powered by gear systems, belt and pulley arrangements, or directly by the motor shaft. Single-stage rotary screw air compressors have a cheaper starting cost than their two-stage equivalents, making them an appealing alternative for firms looking to optimize their budgetary expenditures. These compressors' cost-effectiveness does not sacrifice performance, since they efficiently handle the compressed air demands of a wide range of applications. Furthermore, the simplicity of the single-stage design translates into fewer maintenance costs, which contributes to its market attractiveness. Considering a wide range of dependable alternatives available, the single-stage segment stands out as a favoured solution for organizations looking for oil-free screw compressors that are both reliable and economical.

The Asia Pacific region is expected to hold a significant share of the Oil-Free Screw Compressor market:

Asia Pacific is anticipated to become the leading region in the Oil-Free Screw Compressor Market, owing to a convergence of factors that highlight its industrial supremacy. The presence of multiple key companies in China and India, together with a strong industrial foundation in Taiwan and China, places the area at the forefront of the semiconductor sector. These results in a significant demand for oil-free screw compressors. Moreover, the increasing usage of atomization and automation across a wide range of industries, including manufacturing, semiconductors and electronics, food and beverages, healthcare, appliances, energy, and oil and gas, is a significant driver driving market expansion. The region's booming power and energy industry, backed by major investments in power plants, particularly in developing countries such as India and China, is poised to stimulate industrial growth. This increase in industrial activity is expected to boost demand for oil-free screw compressors in the Asia Pacific area. As the area continues to see a dynamic interplay of technical developments, industrial growth, and strategic investments, it positions itself as a crucial force in influencing the trajectory of the Oil-Free Screw Compressor Market.

Key developments:

CompAir introduced the DX series of screw compressors in February 2023, with up to 7% energy savings and up to 8% greater flow rates. The compressors are offered in fixed and variable speed configurations, with water and air cooling options. Furthermore, the models range from 200 kW to 355 kW, allowing clients to choose the best configuration for their unique application.

Oil-Free Screw Compressor Market Scope:

 

Report Metric Details
Growth Rate CAGR during the forecast period
Base Year 2022
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Billion
Segments Covered
  • Stages Type
  • Industry
  • Geography
Companies Covered
  • Elgi Equipments Limited 
  • Atlas Copco AB
  • Sullair, LLC (Hitachi, Ltd.)
  • Ingersoll Rand
  • Kobe Steel Ltd
  • And more
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Segmentation:

  • By Stages Type
    • Single Stage
    • Multi-Stage
  • By Industry
    • Food & Beverage
    • Automotive
    • Semiconductor
    • Pharmaceutical & Chemical
    • Metal & Mining
    • Oil & Gas
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. OIL-FREE SCREW COMPRESSOR MARKET BY STAGES TYPE

5.1. Introduction

5.2. Single Stage

5.3. Multi-Stage

6. OIL-FREE SCREW COMPRESSOR MARKET BY INDUSTRY

6.1. Introduction

6.2. Food & Beverage

6.3. Automotive

6.4. Semiconductor

6.5. Pharmaceutical & Chemical

6.6. Metal & Mining

6.7. Oil & Gas

6.8. Others

7. OIL-FREE SCREW COMPRESSOR MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

9. COMPANY PROFILES

9.1. Elgi Equipments Limited 

9.2. Atlas Copco AB 

9.3. Sullair, LLC (Hitachi, Ltd.) 

9.4. Ingersoll Rand 

9.5. Kobe Steel Ltd 

9.6. Howden Group (Chart Industries)

9.7. Aerzen 

9.8. Kaeser Kompressoren SE 

9.9. FS-Curtis 

9.10. Airpack 


Elgi Equipments Limited 

Atlas Copco AB

Sullair, LLC (Hitachi, Ltd.)

Ingersoll Rand

Kobe Steel Ltd

Howden Group (Chart Industries)

Aerzen 

Kaeser Kompressoren SE

FS-Curtis

Airpack