Global Screw Compressor Market Set to Grow to $19.27 Billion by 2032

The global screw compressor market is growing steadily due to rising industrial activity, increasing need for energy-efficient solutions, and advances in compressor technology.

Screw compressors are valued for their reliability and efficiency. They are widely used in industries such as manufacturing, oil and gas, food and beverage, and pharmaceuticals.

In 2024, the market was worth USD 12.18 billion. Experts project it will grow to USD 19.27 billion by 2032. This represents an average annual growth rate of 5.9%.

The growth is mainly driven by increasing demand for compressed air solutions that save energy and ensure reliable performance across various industries.

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