The global HDPE oil and gas market is estimated to grow at a moderate CAGR during the forecast period. High-density polyethene (HDPE) pipe may be a cost-effective alternative to steel pipe for oil and gas industries and mining companies looking to save costs.
US process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising adoption of the highly efficient process gas compressor across the increasing production of shell gas in the country.
The North American process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising demand for energy-efficient industrial equipment and continuous growth of the end-users of process gas compressors.
India process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising natural gas production coupled with the rise in the industrialization in India.
Germany process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising industrialization in the country.
The European process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the cohesive government policies regarding the safety of the industrial sector.
The Asia-Pacific process gas compressor market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising natural gas production coupled with the rise in the industrialization in the emerging economies of the region, especially in India and China.