Turboexpander Market: Global Industry Analysis and Opportunity Assessment 2021-2027 The report covers a forecast and an analysis of the Turboexpande r Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2027 based on revenue and volume.
Pune, India, June 2021 /ProgMark Press Release/- Market Prognosis announces the publication of its research report: Turboexpander - Global Market Outlook 2019-2027 According to the Market Prognosis research study, the Global Turboexpander Market is accounted for $327.84 Million in 2019 and is expected to reach $611.77 Million by 2027 growing at a CAGR of 8.1% during the forecast period. Turboexpander is a centrifugal or axial-flow turbine, through which high-pressure gas is expanded to produce work to drive a compressor or generator. It is a turbo machine designed to reduce the pressure and the temperature of the gases, increasing their volume to be able to liquefy them or to condense them, this device converts the energy of the gas pressure into useful work which is exploited in the form of work produced for generating power.