Need for More Capacity Driving Gas Compressor Market

September 2016, Vol. 243, No. 9

By Nicholas Newman, Contributing Editor

Analysis by Frost & Sullivan researchers suggests the oil and gas industry is the single-largest customer in the pipeline gas compressor market, worth over $6 billion in 2014 and forecast to surpass $8 billion in 2021. In the United States alone, according to the federal Energy Information Administration, there are about 1,400 compressor stations along the entire 305,000 miles of interstate and intrastate transmission pipelines, artificially compensating for the loss of pressure caused by friction as natural gas moves through the steel. Compressor stations also remove water and other hydrocarbons condensed from dry gas as…

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