Factors such as increasing hydrogen consumption by end user industries and construction of hydrogen pipeline infrastructure are expected to drive the market.
PORTLAND, OR, USA, September 14, 2021 /EINPresswire.com/ – The hydrogen compressor is a device used to reduce the volume of hydrogen in order to increase the pressure resulting in compressed hydrogen or liquid hydrogen. The compressor decreases the volume of hydrogen gas because the gases are compressible, but a pump raising the pressure of a liquid allows the liquid hydrogen to be transferred elsewhere.
The global hydrogen compressor market size was valued at $ 1,789.1 million in 2020 and is expected to reach $ 2,662.1 million by 2030, registering a CAGR of 4.0% from 2021 to 2030.
Download a sample report @ https://www.alliedmarketresearch.com/request-sample/8617
Hydrogen compressors are capable of compressing small to medium volumes of hydrogen to high pressures, and depending on the application, they can even reach pressures in excess of 5,000 bar (75,000 PSI). In addition, lubricated compression can reach discharge pressures of over 600 bar (9,000 PSI) if traces of oil are allowed in the gas, which is one of the main drivers in the market.
Key market players
Atlas Copco AB
Burckhardt Compression AG
HAUG Sauer Kompressoren AG
Ingersoll Rand, Inc.
Request for Custom Report @ https://www.alliedmarketresearch.com/request-for-customization/8617
Key market segments
By type of technology
By type of lubricant
By end user industry
Purchase Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/8617
Allied Analytics srl
write us here
Visit us on social networks: