Tuesday 12 June 2018

Portable Oil Free Air Compressor Market is Expected to Grow With a CAGR of 3.60% During the Forecast Period of 2018-2025


Owing to the continuous rise in urbanization and globalization, manufacturing industry to witness the highest adoption of portable oil free air compressors during the forecast period.

Manufacturing industry has the most extensive application of portable oil-free air compressors. There are various commodities and items which are produced through air compression by the manufacturing firms. The most common example is the processing of plastic products through injection molding processes. The plastic containers which are used for packaging food products, house hold chemicals, cosmetics and many other things, are stored in these plastic containers. In addition to this, these compressors are highly preferred for power pneumatic tools, air powered tools, cutting and welding equipment, ejecting the pieces from molds, sandblasting finished metals and many others. The very market segment is expected to hold nearly 1/4th of the global market by 2025, growing with a CAGR of 4.06% during the forecast period.
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