DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Turbo Expander Market - Market Analysis by Geography, by Loading Device (compressor, hydraulic brake and generator), Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)" report to their offering.
The Global Turbo Expander is estimated to grow with a CAGR of 10.1% from 2014 to 2020.
Turbo expander is a centrifugal or axial flow turbine through which a high pressure gas is expanded to produce work that is often used to drive a compressor. Also referred to as expansion turbines, they will be used extensively in hydrocarbon liquids extraction. Other uses of turbo expanders include power generation, refrigeration systems, power recovery in fluid catalytic crackers etc.
The range of turbo expanders which are currently in operation varies from 750 W to 7.5 MW (1 hp to about 10,000 hp). These turbo expanders are widely used as sources of refrigeration in industrial processes such as extraction of ethane and natural gas liquids from natural gas, liquefaction of gases and other low-temperature processes.
The author forecasts indicate that, North America is poised to lead the market in coming years, driven majorly by shale boom in the region. United States would become the leading market for gas compressors in oil and gas sector followed by other countries. Europe and Asia-Pacific are fastest growing markets for gas compressors market in oil and gas sectors.
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Market Dynamics
6. Turbo Expanders Industry Value Chain Analysis
7. Turbo Expanders Global Market Analysis, by Loading devices
8. Turbo Expanders Global Market Analysis, by Application
9. Turbo Expanders Global Market Analysis, by Geography
10. Key Company Analysis
11. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/zcx9cb/global_turbo