The positive displacement gas compressor market is projected to witness robust growth by 2027 owing to prevalent product utilization in varied industrial applications.

Positive displacement compressors are typically the reciprocating piston type, wherein the gas is drawn in during the piston's suction stroke, compressed by decreasing the gas volume by moving the piston in the opposite direction, and is discharged when the gas pressure surpasses the pressure acting on the outlet valve. Prominent demand across diverse industries has been favorable for industry expansion in recent years.

The positive displacement gas compressor market has been segmented on the basis of type, lubrication, application, and region. Based on type, the market has been divided into reciprocating, scroll, screw, rotary vane, and rotary lobe.

The rotary lobe segment is estimated to attain a valuation of about USD 200 million by the end of 2027, expanding at a steady pace through the forecast period. The rotary vane segment is set to capture more than 10% share in the market by 2027.

With respect to lubrication, the positive displacement gas compressor market has been bifurcated into oil free and oil filled. The oil filled segment is projected to garner a sizable revenue by 2027, delivering a solid CAGR over the analysis period. Excellent performance characteristics and affordability are slated to drive segmental growth over the following years.

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From the application perspective, the positive displacement gas compressor market has been segregated into land (hydrogen FCV station, LPG/LNG, carbon dioxide, ammonia, value added (production/distribution/upgradation), and others) and marine (LPG/LNG, carbon dioxide, ammonia, air lubrication system, and others).

Under land, the hydrogen FCV station segment is anticipated to garner a substantial revenue, growing at a steady pace over 2021-2027. Increasing presence of hydrogen refueling stations across the globe is set to drive segmental demand in the coming years.

The LPG/LNG land segment has further been categorized into liquefaction, LNG receiving, and process gas handling. The LNG receiving segment is speculated to grow at a CAGR of over 3% through the assessment timeframe.

The process gas handling segment held a major share in the market in 2020 and is foreseen to register significant revenue growth by 2027. Surging demand for natural gas transportation and storage of gas compressors is likely to augment segmental growth over the following years.

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The carbon dioxide segment is projected to expand at a considerable CAGR through the study timeline. Rising number of CCS and CCUS facilities is calculated to bolster segmental development through the forthcoming years.

The ammonia segment is estimated to grow at a CAGR of more than 2.5% over the review period to exceed a robust valuation by 2027. The ammonia segment has further been segmented into fertilizer, petrochemicals, and renewable energy.

The petrochemicals segment size is anticipated to exceed USD 20 million by the end of 2027. The renewable energy segment is expected to see notable growth through 2027 driven by the soaring number of green ammonia projects.

The value added (production/distribution/upgradation) segment is speculated to expand at a steady pace over 2021-2027. Increasing oil & gas production activities is likely to stimulate the growth of the segment in the upcoming years.

The value added segment has further been bifurcated into petrochemical and oil & gas. The petrochemicals segment is anticipated to progress at a CAGR more than 3% over the forecast timeline. The oil & gas segment valuation is set to surpass USD 400 million by the end of 2027.

The positive displacement gas compressor market from the others land segment is projected to expand at above 3.5% CAGR through the assessment period.

Under marine, the LPG/LNG segment is calculated to hold more than 50% market share by the end of forecast period. The LPG/LNG marine segment has further been segregated into offshore, fuel gas supply, LNG bunkering, and reliquefaction.

The offshore segment is likely to exhibit robust growth through 2027 propelled by mounting offshore oil & gas production activities. The LNG bunkering segment is anticipated to progress at a CAGR of approximately 3% over the study timeframe.

The fuel gas supply segment is slated to be valued at about USD 250 million by the end of 2027. The reliquefaction segment is estimated to witness optimistic growth to cross a revenue of USD 80 million by end of 2027.

The carbon dioxide segment is projected to see sturdy expansion over the forecast timeline to gain a sizable revenue share in the market by the end of 2027. Surging awareness pertaining to carbon neutrality is slated to propel segmental adoption through the upcoming years.

In the regional landscape, the Latin America positive displacement gas compressor market is calculated to reach a valuation of around USD 900 million by the end of 2027. Meanwhile, the Middle East & Africa positive displacement gas compressor market is estimated to grow at more than 2.5% CAGR through the forecast period.