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An oil-free screw compressor refers to air compression by the action of the screw without the assistance of the oil seal. Screw compressors are manufactured by utilizing raw materials such as aluminium & steel and components, such as bearings, crankshafts, switches, gauge, rotors, and housings. They are positive shifting compressors as the intermeshing rotors do not touch. The relative position is kept maintained through lubricated timing gears outside the compression chamber. Moreover, the oil-free screw compressor has low maximal discharge pressure. The application of an oil-free screw compressor is into medical, semiconductor, and industrial manufacturing.
Key Market Driver -
• Increasing demand of energy efficient compressor • Acceptance of variable speed oil free screw compressor
Key Market Restraint -
• Inadequate maintenance and less durability
Factors such as the development of small & medium enterprises, a rise in energy consumption, and ample opportunities for construction are stimulating the growth of the oil-free screw compressors market globally. Companies are strengthening their market position by collaborating with local players. For instance, in April 2019, Gardner Denver, inc. has merged with the division of Ingersoll-Rand plc that produces the compressors. The merged market capitalization would be nearly USD 11.6 Billion. Moreover, Comairco has acquired D.R. Guilbeault, a Sullair distributor to expand its product reach in the Northeast region of the United States that offer solutions to rebuild the air compressors.
Henceforth, concerning the global perspective, the oil-free screw compressors market is expected to witness substantial growth.
By type, the market is segmented into fixed speed drive and variable speed drive. Based on industry, the market is segmented into oil & gas, automotive, semiconductor, metals & mining, food & beverages, and others (Pharmaceutical, chemical, etc.).
From a geographical perspective, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key players operating in the global oil-free srew compressor market are Atlas Copco AB, Ingersoll-Rand plc, Gardner Denver inc., Hitachi Industrial Equipment Systems Co., Ltd., Elgi Compressors USA, INC, Aerzen, Kobelco KNW Series, Quincy Compressor, Comairco, Howden Group among others.
The Asia Pacific and the Middle East & Africa and Europe are experiencing dominance in the global oil-free screw compressors market owing to the parameters such as increasing demand for services & product and growing industrialization. European countries, such as Germany and France, have very strict environmental regulations regarding noise pollution. The strict governmental law for noise control is supporting the European countries to manufacture low maximal noise control screw compressors. Countries such as Singapore, Japan, and India are attracting new competitors to enter into their market through fast track initiative tag and foreign direct investment. For instance, in June 2019, Atlas Copco AB has introduced its smallest portable compressor- the XAT 197 in India.
North America is anticipated to witness a study growth in the forecast period, owing to the strong business fuelled by well-structured industries. In the United States, the manufacturing, automotive, and oil industries are the major end-users for oil-free screw compressors.
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The oil-free screw compressors market in Latin America is recovering from downfall. Countries like Peru, Colombia, Mexico, and Argentina are attracting manufacturers. For instance, in Colombia, Farmalogica S.A. is relying on Atlas Copco AB’s oil-free class 0 rotary screw ZT 37 compressor that provides pure and clean air. Class 0 rotary screw compressor minimizes the risk of contamination, damage, and losses from operational downtime.
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