Chlorine compressors are components required for continuous production of chlorine, a key raw material used in the manufacturing of various organic and inorganic chemicals and paper & pulp. Its demand in various end-use sectors such as water treatment, food, aluminum, soap, and energy has considerably widened its scope. The rising shift toward the energy-efficient technologies from mercury cell technology in Europe to reduce carbon emissions can lead to its future adoption in other regions. Centrifugal compressor and liquid ring compressor are the two major types of chlorine compressors.
Liquid Compressors to be the Largest Type Segment
The liquid ring compressors segment is anticipated to capture the major industry share by 2025 on account to its capacity to handle chlorine in liquid form. Rising preference of liquid compressors in various industries such as plastics and polymers, nuclear power plants, and petrochemicals is expected to bolster the segment’s growth. In addition, prevention of metal to metal contact during runtime is an added advantage. For instance, the GARO compressors by Garden Denver Nash use sulfuric acid in its systems to prevent metal corrosion.
The centrifugal compressors segment is also expected to have a significant growth due to demand for energy-efficiency and reduced downtime. Demand for natural gases in the oil and gas sector is projected to generate revenue for the segment. Developments in the extraction activities in the Middle East region coupled with demand for corrosion-resistant alloys are predicted to influence possible purveyors. In January 2015, Ingersoll Rand acquired the compressors division of Cameron International to cater to industry demand.
Market Outlook
The worldwide chlorine compressors market is anticipated to reach a market capitalization of USD 83.7 million by 2025, according to a report by Grand View Research, Inc. The market demand would reach at 6,466 units by 2025. Rise in demand for chlor-alkali products for various industrial sectors is expected to augur the market growth. Increasing number of water treatment plants in the Europe and North America regions is also anticipated to create numerous growth opportunities for the chlorine compressors market. Key market players include Sundyne; Gardner Denver Nash LLC; Mayekawa Mfg. Co., Ltd.; and Mikuni Kikai Kogyo Co. Ltd.
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