The global booster compressor market size was US$ 2.9 billion in 2021. The global booster compressor market is forecast to grow to US$ 4.9 billion by 2030 by growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030.

Factors Influencing the Market
The rising demand for petroleum products is primarily driving the growth of the global booster compressor market. Furthermore, the surging demand for air-filled products and the applications of the product in industrial testing will contribute to the growth of the market in the coming years.
The global booster compressor market is forecast to experience considerable growth due to rising demand for plastic or PVC products, majorly from developing economies. In addition to that, the declining range of fuel stations as the electric vehicle industry is growing may limit the demand for the booster compressor market.
The applications of booster compressors in air-filled products, including deodorants, portable-sized cylinders, basketball, buoyancy compensator, etc., will also prompt the growth of the market in the coming years. Furthermore, growing awareness about the fashion products, such as hair sprays, will escalate the market growth during the forecast period.

Regional Analysis
The booster compressor market in Europe is expected to emerge as the largest market, owing to the growing demand for deodorants, hair sprays, etc. Moreover, the region holds one of the largest automobile and manufacturing industries, which will significantly contribute to the growth of the booster compressor market.
The growing automobile and manufacturing industry and governments' focus on aerospace and marine development will propel the booster compressor market forward. Other end-use industries of booster compressors, such as construction, industrial testing, etc., are also growing steeply in the region. As a result, it will escalate the growth of this regional booster compressor market during the forecast period.

COVID-19 Impact Analysis
The wake of the COVID-19 pandemic hampered the growth of the booster compressor market. It is primarily due to the drastic drop in the end-use industries in the region. Various industries, such as automotive, manufacturing, oil and gas, construction, etc., experienced a drastic decline in terms of revenue. It was majorly due to the lockdown restrictions and bans on import-export activities. Therefore, the demand for booster compressors also reduced during the pandemic period. The market for booster compressors is expected to regain the same pace as the governments have started lifting restrictions, and activities have begun to resume.

Competitors in the Market
Atlas Copco AB
Hitachi Ltd.
Ingersoll Rand
Jereh Group
Sauer Compressors USA
Corken Inc.
Generon
Kaeser Kompressoren
NiGen International L.L.C.
TGT Fuel Technologies
Boge Compressors Ltd
Hanbell
Haskel
Gas Compression Systems
Other Prominent Players

Market Segmentation
The global booster compressor market segmentation focuses on Cooling Type, Compression, Power, End-Use, and Region.
By Cooling Type Outlook
Air
Water
By Compression Stage Outlook
Single-stage
Double stage
Multi-stage
By Power Source Outlook
Electric
Combustion engine
By End-Use Outlook
Manufacturing
Industrial Testing
Oil & Gas
Construction
Others
By Regional Outlook
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America