Global Turbo Expanders Market - 2019-2026
|ターボエキスパンダーの世界市場 (2019～2026年) Global Turbo Expanders Market - 2019-2026|
|出版日: 2020年06月25日||ページ情報: 英文||
ターボエキスパンダーとは、天然ガス設備や製油所で失われたエネルギーを回収するために使用される膨張タービンです。近年になって、世界各国で職場の安全性確保や環境対策への必要性が強く認識されるようになると共に、ターボエキスパンダーの需要が拡大しつつあります。特に、アジア太平洋地域諸国で液化天然ガス (LNG) の需要が拡大すると共に、ターボエキスパンダーの市場も拡大しつつあります。
Turbo expanders are the expansion turbines that are used to capture the energy lost in natural gas facilities and refineries. The turbo expanders are widely used for energy recovery and power generation. These expanders convert the kinetic energy to useful energy/electricity with the help of the turbines and electrical generators. The gas flows from the high-pressure stream into the turbo-expander and spins into the turbine which is coupled to a generator that produces electricity. Turboexpanders are extensively used in cryogenic applications including petrochemical, natural gas, and air separation industries. The global turbo expanders market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand for the turbo expanders with the rising requirement of the safe working environment in the industrial facilities. The increasing awareness of the impact of air pollution, growing industrialization, and increasing environmental concern due to global warming shall boost further demand for Turbo Expanders.
The market is witnessing the technological advancement for the development of the fabric filter. For instance, the advancement of the turbo expanders with respect to the temperature and tough working conditions with standability, filtration efficiency improvement has led to the development of the Turbo Expanders with different surface finishes and characteristics. The introduction of the micro-denier fibers which are lightweight, and high bulk, water repellent has led to the development of efficient and durable fabrics with respect to filtration efficiency. This has resulted in enhancing the efficiency of the Turbo Expanders. Several companies are developing turbo expanders with low-pressure filtration technology. This technology develops the turbo expanders with the cleaning pressure of 0.8 bar. The low-pressure filtration is achieved by using a physical flow model study / computational flow distribution studies. The turbo expanders developed using the low-pressure filtration technology to achieve low energy consumption, lower outlet emissions, extended bag life & overall reduced operational cost.
The rise in the launch of the novel filtration media shall stimulate market growth. For instance, in November 2018, Ahlstrom-Munksjo had launched the Ahlstrom-Munksjo Extia 1000, breakthrough, highly durable, filtration media designed to extend filtration lifetime for Air Pollution Control applications. The Ahlstrom-Munksjo Extia 1000 would be useful for protecting the people and the environment. It would extend the filtration lifetime by more than 40%. It has a unique design and easier to convert into a filter, on both knife and rotary pleating machines. It delivers highly effective removal of coarse particles at over 3 times lower level of pressure drop.
However, the availability of the substitutes especially the electrostatic precipitators (ESP). The electrostatic precipitators (ESP) are preferred over Turbo Expanders especially for high-temperature applications like Clinker Cooler and treatment of flue gas in the power plant.
The global turbo expanders market is segmented based on the loading device as the compressor, generator, oil break, and others. The compressor segment accounts for the highest market share due to the high usage of the compressor in the natural gas, petrochemical, and air separation industries. It is widely used for the processing of LNG. The power generated by the expander is transferred directly to the compressor, less the almost negligible bearing losses.
The generator segment is expected to grow at the highest CAGR over the forecasted period. A generator involves the rotation of the mechanical energy of rotor rotation for the generation of an electric generator. The high-speed generators are used in the low to medium power applications. The generator is used for generating the electrical power at the natural gas reduction units at the gas distribution stations. It generates electricity during the reduction of the various processes comprising the excess pressure in the chemical, petrochemical, metallurgical, and other industries. It generates power during the regasification of the liquified natural gas. The expander-generators are available in direct drive or gear reduction configurations.
Further, the market is also classified based on the application as the hydrocarbon, air separation, and others. The hydrocarbon segment accounts for the highest market share due to the high usage of the turbo expanders for LNG production, liquefied petroleum gas recovery (LPG) ethane recovery, natural gas liquid (NGL) recovery and dew point control (DPC). The chemical and petrochemical applications of the turboexpanders include the ethylene/olefin recovery, ammonia purification, carbon monoxide purification, propane dehydrogenation, and hydrogen recovery.
By region, the global turbo expanders market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia-Pacific dominated the global turbo expanders market and is expected to grow at the highest CAGR during the forecasted period owing to the high usage of the turbo expanders for capturing the energy lost in natural gas facilities and refineries. The turbo expanders are used for power generation. Various industries involve the use of the turbo expanders for achieving the improved isentropic efficiency for the higher productivities. The turboexpanders are used for reliquification of LNG, cooling and compressing of LNG, generation of energy from excess gases in the fertilization process. The growing usage of natural gas for generating power shall stimulate market growth. Natural gas is widely used as the source of energy for heating, cooking, and electricity generation. It is also used as the fuel for vehicles and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals.
According to the United States Energy Information Administration, the annual natural gas consumption is expected to reach 120 billion cubic feet per day (Bcf/d) in Asian countries such as China, India, Bangladesh, Thailand, and Vietnam by 2025. There is a high investment in the refineries and expanding the production of natural gas. China accounts for the highest market share of XX% due to the high usage of the technologically advanced turbo expanders in the petrochemical, natural gas, and air separation industries. There is the presence of the several companies that are developing the innovative turbo expanders comprising the compressor loaded, generator loaded, and hydraulic brake-loaded.
The global Turbo Expanders market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Atlas Copco, Baker Hughes Company, L.A. Turbine, ADC, LLC, Air Products and Chemicals, Cryostar SAS, PBS Group, Siemens, and Honeywell International Inc. are the leading market players with significant market share.
The major players are using product development, novel product launches, market expansion, contracts, and product diversification strategies for holding their position in the market. For instance, in November 2019, L.A. Turbine had commissioned the first ARES AMB Turboexpander-Compressor within a newly established natural gas liquid (NGL) processing plant in the Bakken Shale Play of North Dakota. The ARES AMB Turboexpander-Compressor machine features the industry's first skid-mounted AMB controller and PLC design. L.A. Turbine would continue to share turboexpander and AMB controller performance data updates from the NGL installation site.
In April 2018, L.A. Turbine had announced that its L3000 turboexpander-compressor in a UOP Russell cryogenic natural gas processing plant in Eddy County, New Mexico had exceeded its designed 200MMSCFD flowrate by 10 percent.
In May 2017, L.A. Turbine had awarded the turboexpander contract to provide the turboexpander units for gas processing and natural gas liquid (NGL) recovery within Honeywell UOP Russell modular gas plant installations. The turboexpander-compressor units are designed to handle a flow range of 60-200 million ft3/d for UOP Russell standard gas plants.
The companies are entering into the collaborations, mergers, strategic partnerships, and acquisitions to increase the demand for turbo expanders and their expansion across the globe. For instance, in August 2018, Air Products had acquired the rotoflow turboexpander business from Baker Hughes, a GE company. Air Products acquired all engineering and service capabilities to continue providing world-class service to Rotoflow customers. This acquisition would extend the Air Products' existing world-scale industrial gas and liquefied natural gas (LNG) turboexpander capabilities into growing hydrocarbon, petrochemical, and energy segments.
*The global turbo expanders market report will provide access to approximately 53 market data tables, 44 figures, and 178 pages