South & Central America Turboexpander Market Forecast to 2030

South & Central America Turboexpander Market Forecast to 2030 – Regional Analysis – by Loading Device (Compressor, Generator, and Hydraulic/Oil Brake), Power Capacity [Less than 1 MW (Up to 500 KW and 500 KW to 1 MW), 1 MW to 20 MW, and More than 20 MW], and End User (Oil and Gas, Power Generation, and Industrial)

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Description

The South & Central America turboexpander market was valued at US$ 36.60 million in 2022 and is expected to reach US$ 53.42 million by 2030; it is estimated to record a CAGR of 4.8% from 2022 to 2030.

Use of Turboexpander as Distributed Generator Fuels South & Central America Turboexpander Market

Turboexpander is an axial flow or centrifugal turbine used to expand high-pressure gas to generate work that is primarily employed to drive a compressor. This turbine system can be deployed in applications such as ethylene plants, gas transportation, air separation facilities, and refineries to convert the energy of a vapor stream or gas into mechanical work as the vapor or gas expands through the turbine. A turboexpander transforms the wasted energy in the gas into electricity. With the growing demand for cryogenic fluids and advancements in cryogenic industries, the demand for competent turboexpanders is on the rise, especially in space appliances, superconductivity, turbochargers, biomedical and petrochemical industries, and chemical instruments, among others. A turboexpander also works as a distributed generator that can be leveraged to capture the surplus energy. The turboexpander generator decreases gas pressure and transforms the kinetic energy into electrical energy, which can be sold to the grid. The growing application of turboexpanders, owing to their efficiency and competence in different applications, is anticipated to present opportunities in the turboexpanders market during the forecast period.

South & Central America Turboexpander Market Overview

Brazil’s dynamic energy landscape, marked by its status as SAM’s leading oil producer, presents a compelling scenario for the accelerated growth of the turboexpander market. With ownership of the world’s largest recoverable ultra-deep oil reserves, Brazil’s oil production in 2022 reached an average of 3.02 million barrels per day, a 2.47% increase from the previous annual record in 2020. The Brazilian National Agency for Petroleum, Natural Gas, and Biofuels (ANP) reported a total production of 1.1 billion barrels of oil and 50.3 billion cubic meters of natural gas, reflecting the nation’s prominence in the global energy landscape.

Brazil’s ambitious 2022-2032 Energy Expansion Plan outlines a strategic vision for the future, forecasting a substantial surge in oil production to reach 4.9 million barrels per day by 2032. Pre-salt fields are expected to contribute nearly 80% to this remarkable production growth. In contrast, shallow water and onshore fields are expected to account for a modest 7% of total oil output. Ongoing initiatives such as the Revitalization Program for the Exploration and Production of Onshore Oil and Natural Gas Areas (REATE 2020) and the Revitalization and Incentive Program for the Production of Maritime Fields (Promar) project improvements in the production from these fields, adding further complexity to the evolving energy landscape. The forecasted trajectory positions Brazil to ascend as the world’s fifth-largest crude oil exporter by 2030, reinforcing the nation’s pivotal role in the global energy market. This monumental growth is intricately tied to the development of pre-salt fields and the rigorous efforts to revitalize onshore and shallow water fields. As Brazil augments its oil and gas production capacities, the demand for cutting-edge technologies such as turboexpanders becomes imperative.

South & Central America Turboexpander Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Turboexpander Market Segmentation

The South & Central America turboexpander market is segmented based on loading device, power capacity, end user, and country. Based on loading device, the South & Central America turboexpander market is segmented into compressor, generator, and hydraulic/oil brake. The compressor segment held the largest market share in 2022.

In terms of power capacity, the South & Central America turboexpander market is categorized into less than 1 MW, 1 MW to 20 MW, and more than 20 MW. The 1 MW to 20 MW segment held the largest market share in 2022. The 1 MW to 20 MW segment is further bifurcated into Up to 500 KW and 500 KW to 1 MW.

By end user, the South & Central America turboexpander market is segmented into oil & gas, power generation, and industrial. The oil & gas segment held the largest market share in 2022.

Based on country, the South & Central America turboexpander market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America turboexpander market share in 2022.

Elliott Co, Air Products & Chemicals Inc, Atlas Copco AB, Cryostar SAS, Turboden SpA, L’Air Liquide SA, and Siemens Energy AG are some of the leading players operating in the South & Central America turboexpander market.

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At 4.8% CAGR, South & Central America Turboexpander Market is Speculated to be Worth US$ 53.42 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America turboexpander market was valued at US$ 36.60 million in 2022 and is expected to reach US$ 53.42 million by 2030, registering a CAGR of 4.8% from 2022 to 2030. Technological advancements and rise in demand for natural gas are among the critical factors attributed to the South & Central America turboexpander market expansion.

Turbine efficiency is one of the major parameters that determine the efficiency and competence of a turboexpander system. As a turboexpander consumes high power, a slight improvement in turbine effectiveness leads to a major improvement in system efficiency. The aerodynamic performance of turbomachines varies on the mean-line design methodology of the rotor and stator. The flexibility and competence of turboexpanders led to a diversity of configurations, which make them flexible in diverse applications. Increasing focus on turbans with high speed and precision is one of the major trends in the turboexpanders market. In addition, with increasingly varying applications, the demand for advanced turboexpanders consisting of advanced active magnetic bearings, a high-frequency variable-speed drive, and a high-speed permanent magnet generator is also surging. Moreover, the elevating demand for high end machineries in large-scale refineries and gas processing stations are anticipated to boost the advanced turboexpanders market growth during the forecast period.

On the contrary, availability of alternatives hampers the growth of South & Central America turboexpander market.

Based on loading device, the South & Central America turboexpander market is categorized into compressor, generator, and hydraulic/oil brake. The compressor segment held 47.4% market share in 2022, amassing US$ 17.36 million. It is projected to garner US$ 25.06 million by 2030 to register 4.7% CAGR during 2022-2030.

In terms of power capacity, the South & Central America turboexpander market is segmented into less than 1 MW, 1 MW to 20 MW, and more than 20 MW. The 1 MW to 20 MW segment held 48.3% share of South & Central America turboexpander market in 2022, amassing US$ 17.69 million. It is projected to garner US$ 26.43 million by 2030 to expand at 5.2% CAGR during 2022-2030. The 1 MW to 20 MW segment is further bifurcated into Up to 500 KW and 500 KW to 1 MW.

By end user, the South & Central America turboexpander market is segmented into oil & gas, power generation, and industrial. The oil & gas segment held 53.0% share of South & Central America turboexpander market in 2022, amassing US$ 19.38 million. It is projected to garner US$ 27.74 million by 2030 to expand at 4.6% CAGR during 2022-2030.

Based on country, the South & Central America turboexpander market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 65.0% share of South & Central America turboexpander market in 2022. It was assessed at US$ 23.78 million in 2022 and is likely to hit US$ 36.27 million by 2030, exhibiting a CAGR of 5.4% during 2022-2030.

Key players operating in the South & Central America turboexpander market are Elliott Co, Air Products & Chemicals Inc, Atlas Copco AB, Cryostar SAS, Turboden SpA, L’Air Liquide SA, and Siemens Energy AG, among others.

In January 2021, Air Liquide Engineering & Construction has announced its acquisition of the cryogenic turboexpander business line of Nikkiso Cryogenic Industries. The company aims to enhance turboexpander maintenance and services for its facilities and solidify its cryogenic process expertise through this acquisition.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America turboexpander market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America turboexpander market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America turboexpander market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Turboexpander Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Raw Material/Equipment Suppliers
4.2.2 Component Manufacturers
4.2.3 End-User
4.2.4 List of Vendors in the Value Chain
5. South & Central America Turboexpander Market – Key Market Dynamics
5.1 Turboexpander Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand for Natural Gas
5.2.2 Application in Energy Recovery and Power Generation Operations
5.2.3 Easy Regulation, Low Maintenance Requirements, and High Efficiency
5.3 Market Restraints
5.3.1 Availability of Alternatives
5.4 Market Opportunities
5.4.1 Use of Turboexpander as Distributed Generator
5.4.2 Development of Cryogenic Expanders
5.5 Future Trends
5.5.1 Technological Advancements
5.6 Impact of Drivers and Restraints:
6. Turboexpander Market – South & Central America Market Analysis
6.1 South & Central America Turboexpander Market Overview
6.2 Turboexpander Market Revenue (US$ Million), 2020-2030
6.3 Turboexpander Market Forecast Analysis
7. South & Central America Turboexpander Market Analysis – by Loading Device
7.1 Compressor
7.1.1 Overview
7.1.2 Compressor: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Generator
7.2.1 Overview
7.2.2 Generator: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Hydraulic/Oil Brake
7.3.1 Overview
7.3.2 Hydraulic/Oil Brake: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Turboexpander Market Analysis – by Power Capacity
8.1 Less than 1 MW
8.1.1 Overview
8.1.2 Less than 1 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
8.1.2.1 Up to 500 KW
8.1.2.2 Up to 500 KW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
8.1.2.3 500 KW to 1 MW
8.1.2.4 500 KW to 1 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
8.2 1 MW to 20 MW
8.2.1 Overview
8.2.2 1 MW to 20 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
8.3 More than 20 MW
8.3.1 Overview
8.3.2 More than 20 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Turboexpander Market Analysis – by End user
9.1 Oil and Gas
9.1.1 Overview
9.1.2 Oil and Gas: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Power Generation
9.2.1 Overview
9.2.2 Power Generation: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Turboexpander Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America: Turboexpander Market – Revenue and Forecast Analysis – by Country
10.1.1.1 South & Central America: Turboexpander Market – Revenue and Forecast Analysis – by Country
10.1.1.2 Brazil: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Brazil: Turboexpander Market Breakdown, by Loading Device
10.1.1.2.2 Brazil: Turboexpander Market Breakdown, by Power Capacity
10.1.1.2.3 Brazil: Turboexpander Market Breakdown, by Less Than 1 Mw
10.1.1.2.4 Brazil: Turboexpander Market Breakdown, by End user
10.1.1.3 Argentina: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Argentina: Turboexpander Market Breakdown, by Loading Device
10.1.1.3.2 Argentina: Turboexpander Market Breakdown, by Power Capacity
10.1.1.3.3 Argentina: Turboexpander Market Breakdown, by Less Than 1 Mw
10.1.1.3.4 Argentina: Turboexpander Market Breakdown, by End user
10.1.1.4 Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Rest of South & Central America: Turboexpander Market Breakdown, by Loading Device
10.1.1.4.2 Rest of South & Central America: Turboexpander Market Breakdown, by Power Capacity
10.1.1.4.3 Rest of South & Central America: Turboexpander Market Breakdown, by Less Than 1 Mw
10.1.1.4.4 Rest of South & Central America: Turboexpander Market Breakdown, by End user
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Elliott Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Air Products & Chemicals Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Atlas Copco AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cryostar SAS
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Turboden SpA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 L’Air Liquide SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Siemens Energy AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams

LIST OF TABLES

Table 1. Turboexpander Market Segmentation
Table 2. List of Vendors
Table 3. Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Turboexpander Market – Revenue and Forecast to 2030 (US$ Million) – by Loading Device
Table 5. Turboexpander Market – Revenue and Forecast to 2030 (US$ Million) – by Power Capacity
Table 6. Turboexpander Market – Revenue and Forecast to 2030 (US$ Million) – by End user
Table 7. South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 8. Brazil: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Loading Device
Table 9. Brazil: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Power Capacity
Table 10. Brazil: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Less Than 1 Mw
Table 11. Brazil: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by End user
Table 12. Argentina: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Loading Device
Table 13. Argentina: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Power Capacity
Table 14. Argentina: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Less Than 1 Mw
Table 15. Argentina: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by End user
Table 16. Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Loading Device
Table 17. Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Power Capacity
Table 18. Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by Less Than 1 Mw
Table 19. Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million) – by End user

LIST OF FIGURES

Figure 1. Turboexpander Market Segmentation, by Country
Figure 2. Ecosystem: Turboexpander Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Turboexpander Market Revenue (US$ Million), 2020-2030
Figure 5. Turboexpander Market Share (%) – by Loading Device (2022 and 2030)
Figure 6. Compressor: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Generator: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Hydraulic/Oil Brake: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Turboexpander Market Share (%) – by Power Capacity (2022 and 2030)
Figure 10. Less than 1 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Up to 500 KW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. 500 KW to 1 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. 1 MW to 20 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. More than 20 MW: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Turboexpander Market Share (%) – by End user (2022 and 2030)
Figure 16. Oil and Gas: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Power Generation: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Industrial: Turboexpander Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. South & Central America: Turboexpander Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 20. South & Central America: Turboexpander Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 21. Brazil: Turboexpander Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Argentina: Turboexpander Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Rest of South & Central America: Turboexpander Market – Revenue and Forecast to 2030(US$ Million)

The List of Companies – South and Central America Turboexpander Market

1. Elliott Co
2. Air Products & Chemicals Inc
3. Atlas Copco AB
4. Cryostar SAS
5. Turboden SpA
6. L’Air Liquide SA
7. Siemens Energy AG

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