The global turbo expander market is expected to grow at a CAGR of more than 5.4% during 2021-2027. Factors such as increased transition to natural gas-based power generation and demand from the oil and gas industry are expected to drive demand for turbo expanders in the coming years. However, the growing share of renewable energy sources in the global power generation mix is expected to hold back the growth of turbo expanders over the forecast period.
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A full report of Unit Load Device Market available at: https://www.orionmarketreports.com/turboexpander-market/35402/
Unit Load Device Market Segments:
By Loading Device
• Compressor
• Generator
• Oil Break
By Application
• Hydrocarbon Turboexpanders
• Air Separation Turboexpanders
• Others*
By End-User
• Oil & Gas
• Manufacturing
• Power Generation
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
