Screw Compressor Market Share, Emerging Trends, Analysis and Forecasts 2021
“The food & beverage segment is expected to grow at the highest CAGR over the forecast period. Due to increasing use of compressed air in food processing, cooling and packaging applications.’’
The global screw compressor market is segmented on the basis of type, stage, technology, end user, and region. A screw compressor is a type of rotary compressor which compresses air due to screw compresses air due to screw action. The main advantage of using this compressor is that it can supply compressed air continuously with minimum fluctuation in delivery pressure. It is usually applied for low pressure applications. Based on type, the screw compressor market is classified into oil-injected, and oil-free. The oil-injected compressors segment accounts for the largest market size of the global market, and is expected to continue dominancy over the forecast period. This is due to the developing applications across various industries, where the need for compressed air is high. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/screw-compressor-market Oil-injected screw compressors range used in industries such as road side construction, mining & processing plants, and automobiles to decrease cost downtime and production delays. Oil-free screw compressors are expected to grow at the fastest rate during the forecast period, due to requirement of clean and oil-free air by food & beverage,