the global PET Air Compressors market size is projected to reach USD 0.77 billion by 2029
Published Date: Friday,29 Dec,2023
PET Air Compressors Market Summary
PET (polyethylene terephthalate) is a safe, recyclable packaging material. Compared with aluminum cans and glass bottles, PET containers are more environmentally friendly and more cost-effective, and air compressors are the main equipment in plastic processing plants, requiring a lot of compressed air to blow PET or PP preforms into bottles. PET air systems start with high numbers of three-stage air-cooled lubricated piston units for smaller systems, and water-cooled, oil-free, three- or two-stage boosters for larger systems. Four-stage centrifuges have become a popular base-load air compressor over the past decade, while smaller companies are beginning to adopt air-cooled, single-stage lubricated superchargers.
According to the new market research report “Global PET Air Compressors Market Report 2023-2029”, published by GlobalInfoResearch, the global PET Air Compressors market size is projected to reach USD 0.77 billion by 2029, at a CAGR of 7.0% during the forecast period.
- Global PET Air Compressors MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global PET Air Compressors Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
Market Drivers:
D1: Since a growing number of businesses, including those in the food and drinks, medical, and personal grooming sectors, are using PET bottles, there is an expanding market for PETs.
D2: The creation of more successful and dependable compressors as a result of technological developments has also fueled the market's expansion for these products.
D3: PET bottles are a preferred option for packaging since they are affordable, reusable, and light-weight. The need for PET compressors to manufacture PET bottles grows along with the need for PET bottles.
- Global PET Air Compressors Top17Players Ranking and Market Share(Continually updated)
Source: GlobalInfoResearch, “Global PET Air Compressors Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
According to GlobalInfoResearch Top Players Research Center, the global key manufacturers of PET Air Compressors include Gardner Denver, AF Compressors, Atlas Copco, Kaeser, SIAD Macchine Impianti, Kaishan, ABC Compressors, Neuman & Esser, KAJl, BOGE, etc. In 2022, the global top 10 players had a share approximately 70.0% in terms of revenue.
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