+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2015-08-07Number of Pages: 68

Reciprocating Compressors Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022

The China reciprocating compressors has been witnessing a burgeoning demand over the past few years despite intensifying competition from the screw and centrifugal compressors. The cost-efficiency of reciprocating compressors and the increasing need to replace the old ones has created a positive outlook for the reciprocating compressors market in China in the past few years. The industrial sector is expected to steer the demand for reciprocating compressors in the near future as the country primarily depends on manufacturing activities to maintain its overall economy. Furthermore, a pressing need to optimize the high consumption of crude oil in an efficient manner is also anticipated to drive the demand for reciprocating compressors in the coming years. The application reciprocating compressors in the automotive industry and growing activities in refineries, CNG and LNG transportation and storage are also expected to propel the demand for these products. 

According to a research report published by Transparency Market Research, the China reciprocating compressors market is expected to be worth US$1,178.9 mn by 2022 rising from US$771.1 mn in 2014. During the forecasting horizon between 2015 and 2022, the global market is expected to expand at a CAGR of 5.3%. The increasing foreign direct investment (FDI), booming automotive sector, and growing industrialization are all expected to propel the China reciprocating compressors market in the near future. 

Strategic Pricing Wins Industrial Process Gas Reciprocating Compressors Bigger Share in the Market

The China reciprocating compressors market, on the basis of type, has been segmented into industrial process gas reciprocating compressors, labyrinth piston compressors, liquefied natural gas (LNG), reciprocating compressors, oil-free reciprocating compressors, and hyper compressors. Of these, the industrial process gas reciprocating compressors segment is anticipated to lead the overall market over the forecast period. This segment is expected to reach US$351.3 mn by 2022. 

The industrial process gas reciprocating compressors segment is expected to benefit from competitive pricing, enhanced efficiency, marketing to specific segments with integrated solutions, and providing value-added and after sales services. The burgeoning demand for oxygen from the growing steel and iron industry in China is also expected to bolster the demand for these compressors in the forthcoming years. 

Meanwhile, the oil-free reciprocating compressors segment is also likely to revolutionize the China reciprocating compressors market with a steady CAGR of 8.6% between 2015 and 2022. The sectors anticipated to drive the growth of the oil-free compressors segment are pharmaceutical, electronics, textiles, and food and beverage. The demand for oil-free reciprocating compressors is also being fuelled by the rising pressure on the country to address environmental concerns and achieve the mandated level of energy efficiency. 

Refineries Demand New Reciprocating Compressors with Upgraded Features

The application of reciprocating compressors is seen in the refinery, upstream oil and gas, industrial gases production, LNG and CNG transport and storage, industrial gases, and ethylene and LDPE plants. The refinery segment is expected to expand at a CAGR of 7.0% between 2015 and 2022. As old refineries are being phased out by the government and new ones are being constructed, they are expected to drive the demand for reciprocating compressors in the coming years. 

Some of the key players operating in the China reciprocating compressors market are Zigong Tongda Machinery Manufacturing Co., Ltd., Wuxi Compressor Co., Ltd., Shenyang Blower Works Group Corporation, and Shenyang Yuanda Compressor Co., Ltd. The report suggests that manufacturers should collaborate with multinational players investing in the China reciprocating compressors market to acquire substantial funding in the near future. Furthermore, upgrading after sales services and competitive pricing products will also work in the favor of local players.

 
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
 
Chapter 2 China Reciprocating Compressors Market Analysis, by Type
2.1 Introduction
      2.1.1 Industrial Process Gas Reciprocating Compressors
2.2 China Industrial Process Gas Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      2.2.1 Labyrinth Piston Compressors
2.3 China Labyrinth Piston Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      2.3.1 Liquefied Natural Gas (LNG) Reciprocating Compressors
2.4 China Liquefied Natural Gas (LNG) Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      2.4.1 Oil-free Reciprocating Compressors
2.5 China Oil-free Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      2.5.1 Hyper Compressors
2.6 China Hyper Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
 
Chapter 3 China Reciprocating Compressors Market Analysis, by Application
3.1 Introduction
      3.1.1 Upstream Oil and Gas
3.2 China Reciprocating Compressors Market for Upstream Oil and Gas Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      3.2.1 Refinery
3.3 China Reciprocating Compressors Market for Refinery Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      3.3.1 Industrial Gases
3.4 China Reciprocating Compressors Market for Industrial Gases Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      3.4.1 LNG and CNG Transport and Storage
3.5 China Reciprocating Compressors Market for LNG and CNG Transport and Storage Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
      3.5.1 Ethylene and LDPE Plants
3.6 China Reciprocating Compressors Market for Ethylene and LDPE Plants Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
3.7 Overview of Buying Preferences of Chinese Manufactures for Reciprocating Compressors
 
Chapter 4 Competitive Landscape
4.1 Overview of Buying Preferences of Chinese Manufactures for Reciprocating Compressors
4.2 China Reciprocating Compressors Market Share, by Application (2014), (Value %)
4.3 China Reciprocating Compressors Company Market Share, by Application (2014), (Value %)
 
Chapter 5 Company Profiles
      5.1.1 Shenyang Yuanda Compressor Co. Ltd.
      5.1.2 Wuxi Compressor Co. Ltd.
      5.1.3 Shenyang Blower Works Group Corporation
      5.1.4 Shanghai Dalong Machinery Factory Co., Ltd.
      5.1.5 CNPC Jichai Power Equipment Company
      5.1.6 Sichuan Jinxing Compressor Manufacturing Co., Ltd.
      5.1.7 Sichuan Dachuan Compressor Co., Ltd.
      5.1.8 Zigong Tongda Machinery Manufacturing Co., Ltd.
      5.1.9 Shenyang Gas Compressor Manufacturing Co., Ltd.
      5.1.10 Jiangxi Gas Compressor Co., Ltd.
      5.1.11 Nanjing Hengda Compressor Co., Ltd.
      5.1.12 Jinan Compressor Factory Co., Ltd.
      5.1.13 Tuoge (Shanghai) Compressor Co., Ltd.
      5.1.14 Shanghai Shengyi Compressor Co., Ltd.
      5.1.15 Jinan Gelan Compressor Co., Ltd.
      5.1.16 Hebei Wuqiao Air Compressor Co., Ltd.
      5.1.17 ZIGONG DONGFANG TONGYONG GAS COMPRESSOR CO., LTD.
      5.1.18 Shanghai Landward Machines Co., Ltd.
      5.1.19 Desran Compressor (Shanghai) Co., Ltd.
      5.1.20 Beijing JinKaiwei General Machinery Co., Ltd.
      5.1.21 Yantai Blue Star Compressor Co. Ltd.
      5.1.22 Sichuan South Gas Compressor Co., Ltd.
      5.1.23 Kerui Group
      5.1.24 Chengdu Tianyi Natural Gas Compressor Manufacturing Co. Ltd.
      5.1.25 Shanghai Xinran Compressor Co. Ltd.
      5.1.26 Shenyang Gas Manufacturing Compressor Co. Ltd.
      5.1.27 Bengbu Hongshen Special Gas Compressor Manufactory
      5.1.28 Kaifeng Huanghe Air Separation Group Co., Ltd.
      5.1.29 Tonglint Industries Co., Ltd.
      5.1.30 Guangzhou Nanya Air Compressor Co., Ltd.
      5.1.31 Beijing Prova Energy Development Co., Ltd.
      5.1.32 Chongqing Anneng CNG Equipment Manufacturing Co. Ltd.
      5.1.33 Nanjing Compressor Co., Ltd.
      5.1.34 Fu Sheng Industrial (Shanghai) Co.
      5.1.35 Shanghai Souair Industrial Co., Ltd.

List of Figures
 
FIG. 1 Market Segmentation: China Reciprocating Compressors Market
FIG. 2 China Industrial Process Gas Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 3 China Labyrinth Piston Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 4 China Liquefied Natural Gas (LNG) Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 5 China Oil-free Reciprocating Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 6 China Hyper Compressors Market, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 7 China Reciprocating Compressors Market for Upstream Oil and Gas Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 8 China Reciprocating Compressors Market for Refinery Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 9 China Reciprocating Compressors Market for Industrial Gases Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 10 China Reciprocating Compressors Market for LNG and CNG Transport and Storage Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 11 China Reciprocating Compressors Market for Ethylene and LDPE Plants Application, 2013 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 12 China Reciprocating Compressors Market Share, by Application (2014), (Value %)

List of Tables
 
TABLE 1 China Reciprocating Compressors Company Market Share, by Application (2014), (Value %)

 
Reciprocating compressors are facing increasing competition from other compressor types such as screw and centrifugal compressors. However, the demand for reciprocating compressors continue to grow due to their cost-efficacy and the emerging demand from replacement of older compressors. Alongside a stable demand from manufacturing industry, future driving force for the market would be expansion of Chinese petroleum and chemical industries. According to the U.S. Energy Information Administration, China is the second largest consumer of crude oil and consumed 10.7 Mn barrels per day in 2013. The consumption of oil is expected to increase in coming years to cater to both energy and petrochemical sector. Growing emphasis on better energy utilization is expected to sustain market growth of compressors including reciprocating compressors during the coming years. Moreover, industrial growth and growing number of automobiles in China are also propelling the demand for reciprocating compressors in applications such as refineries, and LNG and CNG transport and storage.
 
This research report provides in-depth analysis of the China reciprocating compressors market based on compressor type and applications. The various segments of the study are analyzed in terms of revenue generation. China reciprocating compressors market is categorized based on type into industrial process gas reciprocating compressors, labyrinth piston compressors, liquefied natural gas (LNG) reciprocating compressors, oil-free reciprocating compressors and hyper compressors. The study is further categorized into upstream oil and gas, refinery, industrial gases, LNG and CNG transport and storage and ethylene and LDPE plants based on applications. Furthermore, the report analyzes the factors that drive and restrain the growth of reciprocating compressors market in China. The report also discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of reciprocating compressors in China. It also provides the market estimates and forecasts for all the segments in terms of revenue. Also provided is the market share of key China-based companies manufacturing reciprocating compressors.
 
Additionally, the report includes profiles of major China-based players engaged in offering reciprocating compressors. The key companies profiled in this study include Shenyang Yuanda Compressor Co. Ltd., Wuxi Compressor Co. Ltd., Shenyang Blower Works Group Corporation, Shanghai Dalong Machinery Factory Co., Ltd., CNPC Jichai Power Equipment Company, Sichuan Jinxing Compressor Manufacturing Co., Ltd., Sichuan Dachuan Compressor Co., Ltd., Zigong Tongda Machinery Manufacturing Co., Ltd., Shenyang Gas Compressor Manufacturing Co., Ltd., Jiangxi Gas Compressor Co., Ltd., Nanjing Hengda Compressor Co., Ltd., Jinan Compressor Factory Co., Ltd., Tuoge (Shanghai) Compressor Co., Ltd., Shanghai Shengyi Compressor Co., Ltd., Jinan Gelan Compressor Co., Ltd., Hebei Wuqiao Air Compressor Co., Ltd., ZIGONG DONGFANG TONGYONG GAS COMPRESSOR CO., LTD., Shanghai Landward Machines Co., Ltd., Desran Compressor (Shanghai) Co., Ltd., Beijing JinKaiwei General Machinery Co., Ltd., Yantai Blue Star Compressor Co. Ltd., Sichuan South Gas Compressor Co., Ltd., Kerui Group, Chengdu Tianyi Natural Gas Compressor Manufacturing Co. Ltd., Shanghai Xinran Compressor Co. Ltd., Shenyang Gas Manufacturing Compressor Co. Ltd., Bengbu Hongshen Special Gas Compressor Manufactory, Kaifeng Huanghe Air Separation Group Co., Ltd., Tonglint Industries Co., Ltd., Guangzhou Nanya Air Compressor Co., Ltd., Beijing Prova Energy Development Co., Ltd., Chongqing Anneng CNG Equipment Manufacturing Co. Ltd., Nanjing Compressor Co., Ltd., Fu Sheng Industrial (Shanghai) Co., and Shanghai Souair Industrial Co., Ltd.
 
China Reciprocating Compressors Market
 
By Type
  • Industrial Process Gas Reciprocating Compressors
  • Labyrinth Piston Compressors
  • Liquefied Natural Gas (LNG) Reciprocating Compressors
  • Oil-free Reciprocating Compressors
  • Hyper Compressors
By Application 
  • Upstream Oil and Gas
  • Refinery
  • Industrial Gases
  • LNG and CNG Transport and Storage
  • Ethylene and LDPE Plants


 
 
Back To Top