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India Reciprocating Compressor Industry Insights Shared In Detailed Research Report By 2027 June 28, 2021
By Zaraki Kenpachi -
Reciprocating Compressor Market: Overview According to a new market report pertaining to the global reciprocating compressor market published by Transparency Market Research, the global reciprocating compressor market is anticipated to reach ~US$ 6.2 Bn by 2027. The reciprocating compressor market is projected to expand at a CAGR of 3.5% from 2019 to 2027 in terms of sale. Growth of the reciprocating compressor market can be attributed to increasing adoption of oil free reciprocating compressors and energy e몭cient reciprocating compressors globally. Over the forecast period, Asia Paci몭c is projected to emerge as the leading reciprocating compressor market, followed by North America. Get sample copy at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=S&rep_id=75771 Rise in Adoption of Reciprocating Compressors in Iron and Steel Production Processes to Drive Global Market The steel industry has witnessed signi몭cant increase in production capacity over the last decade, due to a rise in demand for steel from developing countries across the globe. In the iron and steel industry, reciprocating compressors are utilized to deliver gases, such as oxygen and hydrogen, at high pressure. In the iron & steel industry, a