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Global Petrochemical Centrifugal Compressor Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: November 2025
|
Report Code: QYRE-Auto-8C17154
Home | Market Reports | Business & Industrial| Industrial Materials & Equipment| Heavy Machinery
Global Petrochemical Centrifugal Compressor Market Research Report 2024
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Global Petrochemical Centrifugal Compressor Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-8C17154
Report
November 2025
Pages:160
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Ingersoll Rand
Atlas copco
IHI
Siemens Energy
Kobelco
Elliott
Hanwha Power Systems
Fusheng
MHI
MAN Energy Solutions
Hitachi

Petrochemical Centrifugal Compressor Market

The global Petrochemical Centrifugal Compressor market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
A petrochemical centrifugal compressor is a critical piece of equipment used in the processing and transportation of hydrocarbon gases in the petrochemical industry. Engineered to handle the demanding conditions of petrochemical operations, these compressors utilize centrifugal force to increase the pressure of gas streams, facilitating their movement through pipelines, refineries, and chemical processing plants. Featuring robust construction and specialized materials resistant to corrosion and high temperatures, petrochemical centrifugal compressors are designed for reliability and durability in harsh environments. With precise control systems and variable speed drives, they offer flexibility in operation, allowing for efficient adjustment of flow rates and pressure levels to meet fluctuating demand and process requirements. Widely employed in gas processing, natural gas liquefaction, and petrochemical production, these compressors play a crucial role in ensuring the safe and efficient handling of hydrocarbon gases throughout the petrochemical supply chain.
From a downstream perspective, Refining accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Petrochemical Centrifugal Compressor leading manufacturers including Ingersoll Rand, Atlas Copco, IHI, Siemens Energy, Kobelco, Elliott, Hanwha Power Systems, Fusheng, MHI, MAN Energy Solutions, etc., dominate supply; the top five capture approximately % of global revenue, with Ingersoll Rand leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Petrochemical Centrifugal Compressor market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of Petrochemical Centrifugal Compressor Market Report

Report Metric Details
Report Name Petrochemical Centrifugal Compressor Market
Segment by Type
  • Single-stage
  • Multi-stage
Segment by Application
  • Refining
  • Chemical Industry
  • Polymer Manufacturing
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Sales by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Ingersoll Rand, Atlas Copco, IHI, Siemens Energy, Kobelco, Elliott, Hanwha Power Systems, Fusheng, MHI, MAN Energy Solutions, Hitachi
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the Petrochemical Centrifugal Compressor study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
  • Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
  • Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
  • Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
  • Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
  • Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
  • Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
  • Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
  • Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 15: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
  • Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Petrochemical Centrifugal Compressor Market report?

Ans: The main players in the Petrochemical Centrifugal Compressor Market are Ingersoll Rand, Atlas Copco, IHI, Siemens Energy, Kobelco, Elliott, Hanwha Power Systems, Fusheng, MHI, MAN Energy Solutions, Hitachi

What are the Application segmentation covered in the Petrochemical Centrifugal Compressor Market report?

Ans: The Applications covered in the Petrochemical Centrifugal Compressor Market report are Refining, Chemical Industry, Polymer Manufacturing, Other

What are the Type segmentation covered in the Petrochemical Centrifugal Compressor Market report?

Ans: The Types covered in the Petrochemical Centrifugal Compressor Market report are Single-stage, Multi-stage

1 Study Coverage
1.1 Introduction to Petrochemical Centrifugal Compressor: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Petrochemical Centrifugal Compressor Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Single-stage
1.2.3 Multi-stage
1.3 Market Segmentation by Application
1.3.1 Global Petrochemical Centrifugal Compressor Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Refining
1.3.3 Chemical Industry
1.3.4 Polymer Manufacturing
1.3.5 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Petrochemical Centrifugal Compressor Revenue Estimates and Forecasts 2020-2031
2.2 Global Petrochemical Centrifugal Compressor Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Petrochemical Centrifugal Compressor Sales Estimates and Forecasts 2020-2031
2.4 Global Petrochemical Centrifugal Compressor Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Petrochemical Centrifugal Compressor Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global Petrochemical Centrifugal Compressor Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Petrochemical Centrifugal Compressor Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Single-stage Market Size by Manufacturers
4.5.2 Multi-stage Market Size by Manufacturers
4.6 Global Petrochemical Centrifugal Compressor Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Petrochemical Centrifugal Compressor Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Petrochemical Centrifugal Compressor Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Petrochemical Centrifugal Compressor Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Petrochemical Centrifugal Compressor Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Petrochemical Centrifugal Compressor Sales and Revenue by Type (2020-2031)
7.4 North America Petrochemical Centrifugal Compressor Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Petrochemical Centrifugal Compressor Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Petrochemical Centrifugal Compressor Sales and Revenue by Type (2020-2031)
8.4 Europe Petrochemical Centrifugal Compressor Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Petrochemical Centrifugal Compressor Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Petrochemical Centrifugal Compressor Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Petrochemical Centrifugal Compressor Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Petrochemical Centrifugal Compressor Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Petrochemical Centrifugal Compressor Sales and Revenue by Type (2020-2031)
10.4 Central and South America Petrochemical Centrifugal Compressor Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Petrochemical Centrifugal Compressor Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Petrochemical Centrifugal Compressor Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Petrochemical Centrifugal Compressor Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Petrochemical Centrifugal Compressor Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Ingersoll Rand
12.1.1 Ingersoll Rand Corporation Information
12.1.2 Ingersoll Rand Business Overview
12.1.3 Ingersoll Rand Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.1.4 Ingersoll Rand Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Ingersoll Rand Petrochemical Centrifugal Compressor Sales by Product in 2024
12.1.6 Ingersoll Rand Petrochemical Centrifugal Compressor Sales by Application in 2024
12.1.7 Ingersoll Rand Petrochemical Centrifugal Compressor Sales by Geographic Area in 2024
12.1.8 Ingersoll Rand Petrochemical Centrifugal Compressor SWOT Analysis
12.1.9 Ingersoll Rand Recent Developments
12.2 Atlas Copco
12.2.1 Atlas Copco Corporation Information
12.2.2 Atlas Copco Business Overview
12.2.3 Atlas Copco Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.2.4 Atlas Copco Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Atlas Copco Petrochemical Centrifugal Compressor Sales by Product in 2024
12.2.6 Atlas Copco Petrochemical Centrifugal Compressor Sales by Application in 2024
12.2.7 Atlas Copco Petrochemical Centrifugal Compressor Sales by Geographic Area in 2024
12.2.8 Atlas Copco Petrochemical Centrifugal Compressor SWOT Analysis
12.2.9 Atlas Copco Recent Developments
12.3 IHI
12.3.1 IHI Corporation Information
12.3.2 IHI Business Overview
12.3.3 IHI Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.3.4 IHI Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 IHI Petrochemical Centrifugal Compressor Sales by Product in 2024
12.3.6 IHI Petrochemical Centrifugal Compressor Sales by Application in 2024
12.3.7 IHI Petrochemical Centrifugal Compressor Sales by Geographic Area in 2024
12.3.8 IHI Petrochemical Centrifugal Compressor SWOT Analysis
12.3.9 IHI Recent Developments
12.4 Siemens Energy
12.4.1 Siemens Energy Corporation Information
12.4.2 Siemens Energy Business Overview
12.4.3 Siemens Energy Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.4.4 Siemens Energy Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Siemens Energy Petrochemical Centrifugal Compressor Sales by Product in 2024
12.4.6 Siemens Energy Petrochemical Centrifugal Compressor Sales by Application in 2024
12.4.7 Siemens Energy Petrochemical Centrifugal Compressor Sales by Geographic Area in 2024
12.4.8 Siemens Energy Petrochemical Centrifugal Compressor SWOT Analysis
12.4.9 Siemens Energy Recent Developments
12.5 Kobelco
12.5.1 Kobelco Corporation Information
12.5.2 Kobelco Business Overview
12.5.3 Kobelco Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.5.4 Kobelco Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Kobelco Petrochemical Centrifugal Compressor Sales by Product in 2024
12.5.6 Kobelco Petrochemical Centrifugal Compressor Sales by Application in 2024
12.5.7 Kobelco Petrochemical Centrifugal Compressor Sales by Geographic Area in 2024
12.5.8 Kobelco Petrochemical Centrifugal Compressor SWOT Analysis
12.5.9 Kobelco Recent Developments
12.6 Elliott
12.6.1 Elliott Corporation Information
12.6.2 Elliott Business Overview
12.6.3 Elliott Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.6.4 Elliott Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Elliott Recent Developments
12.7 Hanwha Power Systems
12.7.1 Hanwha Power Systems Corporation Information
12.7.2 Hanwha Power Systems Business Overview
12.7.3 Hanwha Power Systems Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.7.4 Hanwha Power Systems Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Hanwha Power Systems Recent Developments
12.8 Fusheng
12.8.1 Fusheng Corporation Information
12.8.2 Fusheng Business Overview
12.8.3 Fusheng Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.8.4 Fusheng Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Fusheng Recent Developments
12.9 MHI
12.9.1 MHI Corporation Information
12.9.2 MHI Business Overview
12.9.3 MHI Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.9.4 MHI Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 MHI Recent Developments
12.10 MAN Energy Solutions
12.10.1 MAN Energy Solutions Corporation Information
12.10.2 MAN Energy Solutions Business Overview
12.10.3 MAN Energy Solutions Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.10.4 MAN Energy Solutions Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.5 MAN Energy Solutions Recent Developments
12.11 Hitachi
12.11.1 Hitachi Corporation Information
12.11.2 Hitachi Business Overview
12.11.3 Hitachi Petrochemical Centrifugal Compressor Product Models, Descriptions and Specifications
12.11.4 Hitachi Petrochemical Centrifugal Compressor Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.5 Hitachi Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Petrochemical Centrifugal Compressor Industry Chain
13.2 Petrochemical Centrifugal Compressor Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Petrochemical Centrifugal Compressor Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Petrochemical Centrifugal Compressor Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Petrochemical Centrifugal Compressor Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Petrochemical Centrifugal Compressor Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
FEATURED COMPANIES
Ingersoll Rand
Atlas copco
IHI
Siemens Energy
Kobelco
Elliott
Hanwha Power Systems
Fusheng
MHI
MAN Energy Solutions
Hitachi
List of Tables
 Table 1. Global Petrochemical Centrifugal Compressor Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global Petrochemical Centrifugal Compressor Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global Petrochemical Centrifugal Compressor Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Petrochemical Centrifugal Compressor Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Global Petrochemical Centrifugal Compressor Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 7. Global Petrochemical Centrifugal Compressor Sales by Region (2020-2025) & (K Units)
 Table 8. Global Petrochemical Centrifugal Compressor Sales by Region (2026-2031) & (K Units)
 Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 10. Global Petrochemical Centrifugal Compressor Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 11. Global Petrochemical Centrifugal Compressor Production by Region (2020-2025) & (K Units)
 Table 12. Global Petrochemical Centrifugal Compressor Production by Region (2026-2031) & (K Units)
 Table 13. Global Petrochemical Centrifugal Compressor Sales by Manufacturers (2020-2025) & (K Units)
 Table 14. Global Petrochemical Centrifugal Compressor Sales Share by Manufacturers (2020-2025)
 Table 15. Global Petrochemical Centrifugal Compressor Revenue by Manufacturers (2020-2025) & (US$ Million)
 Table 16. Global Petrochemical Centrifugal Compressor Revenue Market Share by Manufacturers (2020-2025)
 Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 18. Global Petrochemical Centrifugal Compressor by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Petrochemical Centrifugal Compressor as of 2024)
 Table 19. Global Petrochemical Centrifugal Compressor Average Gross Margin (%) by Manufacturer (2020 VS 2024)
 Table 20. Global Petrochemical Centrifugal Compressor Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
 Table 21. Key Manufacturers Petrochemical Centrifugal Compressor Manufacturing Base and Headquarters
 Table 22. Global Petrochemical Centrifugal Compressor Market Concentration Ratio (CR5 and HHI)
 Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 25. Global Petrochemical Centrifugal Compressor Sales by Type (2020-2025) & (K Units)
 Table 26. Global Petrochemical Centrifugal Compressor Sales by Type (2026-2031) & (K Units)
 Table 27. Global Petrochemical Centrifugal Compressor Revenue by Type (2020-2025) & (US$ Million)
 Table 28. Global Petrochemical Centrifugal Compressor Revenue by Type (2026-2031) & (US$ Million)
 Table 29. Global Petrochemical Centrifugal Compressor ASP by Type (2020-2031) & (US$/Unit)
 Table 30. Technical Specifications by Key Product Type
 Table 31. Global Petrochemical Centrifugal Compressor Sales by Application (2020-2025) & (K Units)
 Table 32. Global Petrochemical Centrifugal Compressor Sales by Application (2026-2031) & (K Units)
 Table 33. Petrochemical Centrifugal Compressor High-Growth Sectors Demand CAGR (2024-2031)
 Table 34. Global Petrochemical Centrifugal Compressor Revenue by Application (2020-2025) & (US$ Million)
 Table 35. Global Petrochemical Centrifugal Compressor Revenue by Application (2026-2031) & (US$ Million)
 Table 36. Global Petrochemical Centrifugal Compressor ASP by Application (2020-2031) & (US$/Unit)
 Table 37. Top Customers by Region
 Table 38. Top Customers by Application
 Table 39. North America Petrochemical Centrifugal Compressor Growth Accelerators and Market Barriers
 Table 40. North America Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 41. North America Petrochemical Centrifugal Compressor Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 42. Europe Petrochemical Centrifugal Compressor Growth Accelerators and Market Barriers
 Table 43. Europe Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 44. Europe Petrochemical Centrifugal Compressor Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 45. Asia-Pacific Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 46. Asia-Pacific Petrochemical Centrifugal Compressor Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 47. Asia-Pacific Petrochemical Centrifugal Compressor Growth Accelerators and Market Barriers
 Table 48. Southeast Asia Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 49. Central and South America Petrochemical Centrifugal Compressor Investment Opportunities and Key Challenges
 Table 50. Central and South America Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 51. Middle East and Africa Petrochemical Centrifugal Compressor Investment Opportunities and Key Challenges
 Table 52. Middle East and Africa Petrochemical Centrifugal Compressor Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 53. Ingersoll Rand Corporation Information
 Table 54. Ingersoll Rand Description and Major Businesses
 Table 55. Ingersoll Rand Product Models, Descriptions and Specifications
 Table 56. Ingersoll Rand Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 57. Ingersoll Rand Sales Value Proportion by Product in 2024
 Table 58. Ingersoll Rand Sales Value Proportion by Application in 2024
 Table 59. Ingersoll Rand Sales Value Proportion by Geographic Area in 2024
 Table 60. Ingersoll Rand Petrochemical Centrifugal Compressor SWOT Analysis
 Table 61. Ingersoll Rand Recent Developments
 Table 62. Atlas Copco Corporation Information
 Table 63. Atlas Copco Description and Major Businesses
 Table 64. Atlas Copco Product Models, Descriptions and Specifications
 Table 65. Atlas Copco Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 66. Atlas Copco Sales Value Proportion by Product in 2024
 Table 67. Atlas Copco Sales Value Proportion by Application in 2024
 Table 68. Atlas Copco Sales Value Proportion by Geographic Area in 2024
 Table 69. Atlas Copco Petrochemical Centrifugal Compressor SWOT Analysis
 Table 70. Atlas Copco Recent Developments
 Table 71. IHI Corporation Information
 Table 72. IHI Description and Major Businesses
 Table 73. IHI Product Models, Descriptions and Specifications
 Table 74. IHI Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. IHI Sales Value Proportion by Product in 2024
 Table 76. IHI Sales Value Proportion by Application in 2024
 Table 77. IHI Sales Value Proportion by Geographic Area in 2024
 Table 78. IHI Petrochemical Centrifugal Compressor SWOT Analysis
 Table 79. IHI Recent Developments
 Table 80. Siemens Energy Corporation Information
 Table 81. Siemens Energy Description and Major Businesses
 Table 82. Siemens Energy Product Models, Descriptions and Specifications
 Table 83. Siemens Energy Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 84. Siemens Energy Sales Value Proportion by Product in 2024
 Table 85. Siemens Energy Sales Value Proportion by Application in 2024
 Table 86. Siemens Energy Sales Value Proportion by Geographic Area in 2024
 Table 87. Siemens Energy Petrochemical Centrifugal Compressor SWOT Analysis
 Table 88. Siemens Energy Recent Developments
 Table 89. Kobelco Corporation Information
 Table 90. Kobelco Description and Major Businesses
 Table 91. Kobelco Product Models, Descriptions and Specifications
 Table 92. Kobelco Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. Kobelco Sales Value Proportion by Product in 2024
 Table 94. Kobelco Sales Value Proportion by Application in 2024
 Table 95. Kobelco Sales Value Proportion by Geographic Area in 2024
 Table 96. Kobelco Petrochemical Centrifugal Compressor SWOT Analysis
 Table 97. Kobelco Recent Developments
 Table 98. Elliott Corporation Information
 Table 99. Elliott Description and Major Businesses
 Table 100. Elliott Product Models, Descriptions and Specifications
 Table 101. Elliott Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 102. Elliott Recent Developments
 Table 103. Hanwha Power Systems Corporation Information
 Table 104. Hanwha Power Systems Description and Major Businesses
 Table 105. Hanwha Power Systems Product Models, Descriptions and Specifications
 Table 106. Hanwha Power Systems Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 107. Hanwha Power Systems Recent Developments
 Table 108. Fusheng Corporation Information
 Table 109. Fusheng Description and Major Businesses
 Table 110. Fusheng Product Models, Descriptions and Specifications
 Table 111. Fusheng Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 112. Fusheng Recent Developments
 Table 113. MHI Corporation Information
 Table 114. MHI Description and Major Businesses
 Table 115. MHI Product Models, Descriptions and Specifications
 Table 116. MHI Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 117. MHI Recent Developments
 Table 118. MAN Energy Solutions Corporation Information
 Table 119. MAN Energy Solutions Description and Major Businesses
 Table 120. MAN Energy Solutions Product Models, Descriptions and Specifications
 Table 121. MAN Energy Solutions Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 122. MAN Energy Solutions Recent Developments
 Table 123. Hitachi Corporation Information
 Table 124. Hitachi Description and Major Businesses
 Table 125. Hitachi Product Models, Descriptions and Specifications
 Table 126. Hitachi Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 127. Hitachi Recent Developments
 Table 128. Key Raw Materials Distribution
 Table 129. Raw Materials Key Suppliers
 Table 130. Critical Raw Material Supplier Concentration (2024) & Risk Index
 Table 131. Milestones in Production Technology Evolution
 Table 132. Distributors List
 Table 133. Market Trends and Market Evolution
 Table 134. Market Drivers and Opportunities
 Table 135. Market Challenges, Risks, and Restraints
 Table 136. Research Programs/Design for This Report
 Table 137. Key Data Information from Secondary Sources
 Table 138. Key Data Information from Primary Sources


List of Figures
 Figure 1. Petrochemical Centrifugal Compressor Product Picture
 Figure 2. Global Petrochemical Centrifugal Compressor Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Single-stage Product Picture
 Figure 4. Multi-stage Product Picture
 Figure 5. Global Petrochemical Centrifugal Compressor Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 6. Refining
 Figure 7. Chemical Industry
 Figure 8. Polymer Manufacturing
 Figure 9. Other
 Figure 10. Petrochemical Centrifugal Compressor Report Years Considered
 Figure 11. Global Petrochemical Centrifugal Compressor Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 12. Global Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 13. Global Petrochemical Centrifugal Compressor Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 14. Global Petrochemical Centrifugal Compressor Revenue Market Share by Region (2020-2031)
 Figure 15. Global Petrochemical Centrifugal Compressor Sales (2020-2031) & (K Units)
 Figure 16. Global Petrochemical Centrifugal Compressor Sales (CAGR) by Region (2020-2031) (K Units)
 Figure 17. Global Petrochemical Centrifugal Compressor Sales Market Share by Region (2020-2031)
 Figure 18. Global Petrochemical Centrifugal Compressor Capacity, Production and Utilization (2020-2031) & (K Units)
 Figure 19. Global Petrochemical Centrifugal Compressor Production Trend by Region (2020-2031) (K Units)
 Figure 20. Global Petrochemical Centrifugal Compressor Production Market Share by Region (2020-2031)
 Figure 21. Production Capacity Enablers & Constraints
 Figure 22. Petrochemical Centrifugal Compressor Production Growth Rate in North America (2020-2031) & (K Units)
 Figure 23. Petrochemical Centrifugal Compressor Production Growth Rate in Europe (2020-2031) & (K Units)
 Figure 24. Petrochemical Centrifugal Compressor Production Growth Rate in China (2020-2031) & (K Units)
 Figure 25. Petrochemical Centrifugal Compressor Production Growth Rate in Japan (2020-2031) & (K Units)
 Figure 26. Top 5 and Top 10 Manufacturers Petrochemical Centrifugal Compressor Sales Volume Market Share in 2024
 Figure 27. Global Petrochemical Centrifugal Compressor Revenue Market Share Ranking (2024)
 Figure 28. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 29. Single-stage Revenue Market Share by Manufacturer in 2024
 Figure 30. Multi-stage Revenue Market Share by Manufacturer in 2024
 Figure 31. Type Eight Revenue Market Share by Manufacturer in 2024
 Figure 32. Type Nine Revenue Market Share by Manufacturer in 2024
 Figure 33. Global Petrochemical Centrifugal Compressor Sales Market Share by Type (2020-2031)
 Figure 34. Global Petrochemical Centrifugal Compressor Revenue Market Share by Type (2020-2031)
 Figure 35. Global Petrochemical Centrifugal Compressor Sales Market Share by Application (2020-2031)
 Figure 36. Global Petrochemical Centrifugal Compressor Revenue Market Share by Application (2020-2031)
 Figure 37. North America Petrochemical Centrifugal Compressor Sales YoY (2020-2031) & (K Units)
 Figure 38. North America Petrochemical Centrifugal Compressor Revenue YoY (2020-2031) & (US$ Million)
 Figure 39. North America Top 5 Manufacturers Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) in 2024
 Figure 40. North America Petrochemical Centrifugal Compressor Sales Volume (K Units) by Type (2020- 2031)
 Figure 41. North America Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Type (2020 - 2031)
 Figure 42. North America Petrochemical Centrifugal Compressor Sales Volume (K Units) by Application (2020-2031)
 Figure 43. North America Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 44. US Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 45. Canada Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 46. Mexico Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 47. Europe Petrochemical Centrifugal Compressor Sales YoY (2020-2031) & (K Units)
 Figure 48. Europe Petrochemical Centrifugal Compressor Revenue YoY (2020-2031) & (US$ Million)
 Figure 49. Europe Top 5 Manufacturers Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) in 2024
 Figure 50. Europe Petrochemical Centrifugal Compressor Sales Volume (K Units) by Type (2020-2031)
 Figure 51. Europe Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 52. Europe Petrochemical Centrifugal Compressor Sales Volume (K Units) by Application (2020-2031)
 Figure 53. Europe Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 54. Germany Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 55. France Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 56. U.K. Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 57. Italy Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 58. Russia Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 59. Asia-Pacific Petrochemical Centrifugal Compressor Sales YoY (2020-2031) & (K Units)
 Figure 60. Asia-Pacific Petrochemical Centrifugal Compressor Revenue YoY (2020-2031) & (US$ Million)
 Figure 61. Asia-Pacific Top 8 Manufacturers Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) in 2024
 Figure 62. Asia-Pacific Petrochemical Centrifugal Compressor Sales Volume (K Units) by Type (2020- 2031)
 Figure 63. Asia-Pacific Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Type (2020- 2031)
 Figure 64. Asia-Pacific Petrochemical Centrifugal Compressor Sales Volume (K Units) by Application (2020-2031)
 Figure 65. Asia-Pacific Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 66. Indonesia Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 67. Japan Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 68. South Korea Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 69. China Taiwan Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 70. India Petrochemical Centrifugal Compressor Revenue (2020-2031) & (US$ Million)
 Figure 71. Central and South America Petrochemical Centrifugal Compressor Sales YoY (2020-2031) & (K Units)
 Figure 72. Central and South America Petrochemical Centrifugal Compressor Revenue YoY (2020-2031) & (US$ Million)
 Figure 73. Central and South America Top 5 Manufacturers Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) in 2024
 Figure 74. Central and South America Petrochemical Centrifugal Compressor Sales Volume (K Units) by Type (2021-2031)
 Figure 75. Central and South America Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 76. Central and South America Petrochemical Centrifugal Compressor Sales Volume (K Units) by Application (2020-2031)
 Figure 77. Central and South America Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 78. Brazil Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 79. Argentina Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 80. Middle East, and Africa Petrochemical Centrifugal Compressor Sales YoY (2020-2031) & (K Units)
 Figure 81. Middle East and Africa Petrochemical Centrifugal Compressor Revenue YoY (2020-2031) & (US$ Million)
 Figure 82. Middle East and Africa Top 5 Manufacturers Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) in 2024
 Figure 83. Middle East and Africa Petrochemical Centrifugal Compressor Sales Volume (K Units) by Type (2021-2031)
 Figure 84. South America Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 85. Middle East and Africa Petrochemical Centrifugal Compressor Sales Volume (K Units) by Application (2020-2031)
 Figure 86. Middle East and Africa Petrochemical Centrifugal Compressor Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 87. GCC Countries Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 88. Turkey Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 89. Egypt Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 90. South Africa Petrochemical Centrifugal Compressor Revenue (2020-2025) & (US$ Million)
 Figure 91. Petrochemical Centrifugal Compressor Industry Chain Mapping
 Figure 92. Regional Petrochemical Centrifugal Compressor Manufacturing Base Distribution (%)
 Figure 93. Petrochemical Centrifugal Compressor Production Process
 Figure 94. Regional Petrochemical Centrifugal Compressor Production Cost Structure
 Figure 95. Channels of Distribution (Direct Vs Distribution)
 Figure 96. Bottom-up and Top-down Approaches for This Report
 Figure 97. Data Triangulation
 Figure 98. Key Executives Interviewed
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