Nitrogen Gas Booster Market Overview
The nitrogen gas booster is used to increase the nitrogen pressure in the bottle or in a constant supply in the higher-pressure ranges. The nitrogen booster can be used for pressure testing, battery pre-charging or filling of gas springs with a higher nitrogen pressure.
Nitrogen Gas Booster Market expected to reach XX million USD by 2025 and growing at a CAGR of XX% during the forecast period.
Nitrogen Gas Booster Market Drivers and Restraints:
Nitrogen Gas Booster finds application in various industries such as leak testing, gas spring charging, pressure testing, nitrogen accumulator charging, bottle loading, gas transfer and exploration. By using a nitrogen booster, it is possible to recover as much gas as possible from the storage tanks, which reduces the need to handle additional storage bottles and the costs of the total gas supply purchased. These savings can help pay for the cost of the nitrogen booster in one or two years, depending on the number of bottles used. Nitrogen is a much cheaper and widely available gas compared to other industrial gases such as hydrogen, argon, helium and oxygen. Therefore, the nitrogen battery charge is widely used in industrial applications, which contributes to the market demand of nitrogen propellant.
Nitrogen Gas Booster Market Geographical Analysis:
It is expected that the demand for nitrogen gas propulsion will increase at a constant rate during the next five to ten years due to the growing demand of the industrial sector. The Asia-Pacific region is expected to be an important market for the nitrogen booster, with fast-growing economies and higher industrialization rates. The regions of Europe and North America also play an important role in the nitrogen propellant market, given the well-developed nitrogen supply chain in all sectors and the high application rates. China, Japan, United States, Germany, United Kingdom, Australia and India are among the main countries that are waiting for the market of nitrogen propellants.
Key Players Covered in this Nitrogen Gas Booster Market Report are:
- Stromsholmen AB (Kaller)
- Accudyne Industries LLC
- High Pressure Technologies LLC
- Pressure Technologies (Hydratron Limited)
- Maximator GmbH
- DADCO, Inc.
- Parker Hannifin
- Hydraulics International, INC.(HII) Group
- Midwest Pressure Systems
- Staffordshire Hydraulic Services Ltd.
- SC Hydraulic Engineering Corporation
- Hydro-Pac Inc.
This research report includes following segmentation for the Nitrogen Gas Booster Market Analysis size and forecast until 2025.
By Drive Type
- Single Acting
- Double Acting
By Stage Type
Nitrogen Gas Booster Market Analysis by Regions:
- North America
- Central & South America
- Middle East & Africa