Industry: Machinery & Equipment
Published Date: 2025-11-18
Pages: 89 Pages
Report ld: 3526272
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API 618 Reciprocating Compressor Market Size(US$)

CAGR 2025-2031
2.5%
Market Size,2031
USD 2,087
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for API 618 Reciprocating Compressor was valued at US$ 1760 million in the year 2024 and is projected to reach a revised size of US$ 2087 million by 2031, growing at a CAGR of 2.5% during the forecast period.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on API 618 Reciprocating Compressor competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global API 618 Reciprocating Compressor production reached approximately 2200 units, with an average global market price of around US$ 800000 per unit. API 618 Reciprocating Compressor is a kind of Reciprocating Compressor according to API Standard 618 and used for petroleum, chemical and gas industry services. The gross profit margin for API 618 reciprocating compressors typically falls within a range of 15% to 35%.A typical dedicated production line for large API 618 reciprocating compressors has an average annual capacity of approximately 15 to 30 complete compressor units.
The global market for API 618 reciprocating compressors occupies a specialized, high-value niche within the industrial compressor landscape, characterized by its unwavering focus on reliability, safety, and performance in the most demanding applications. Primarily driven by the oil and gas industry—including upstream gas injection and lift, midstream gas transmission and storage, and downstream refinery and petrochemical processes—these compressors are the equipment of choice for handling high-pressure, hazardous, or valuable gases where failure is not an option. The market is dominated by a handful of established international players, such as Ariel Corporation, Burckhardt Compression, Siemens Energy, and Howden, who compete not merely on price but on technological prowess, engineering expertise, proven reliability, and the comprehensive lifecycle support that the stringent API 618 standard implies. Key challenges include the high initial capital expenditure, long lead times for engineering and manufacturing, and competition from centrifugal compressors in certain duty ranges. However, the market demonstrates resilience and growth potential, fueled by emerging opportunities in hydrogen (both blue and green) transportation and storage, carbon capture, utilization, and storage (CCUS) projects, and the ongoing need for maintenance, revamps, and aftermarket services in existing industrial infrastructure, ensuring its continued relevance as an essential enabler for critical energy and industrial processes worldwide. The API 618 Reciprocating Compressor industry chain is a sophisticated and extended network that transforms raw materials into highly engineered, mission-critical systems, followed by a vital long-term service phase. It begins with upstream raw material and component suppliers providing specialty steels, castings, forgings, advanced sealing materials, precision bearings, and high-performance motors. These inputs feed into the core midstream sector, dominated by a few specialized OEMs (e.g., Ariel, Burckhardt Compression, Howden), who are responsible for the intricate design, engineering (including mandatory pulsation and torsional vibration analysis), precision machining, assembly, and rigorous testing of the compressor frames, cylinders, and crankshafts. These OEMs then integrate their core units with ancillary systems—such as pulsation bottles, coolers, lube oil consoles, and control panels—often sourced from dedicated subsystem manufacturers, to create a complete, skid-mounted package. The downstream segment encompasses direct sales to end-users in oil & gas, petrochemicals, and chemical industries, as well as EPC contractors for large-scale projects. Finally, a critical and highly profitable aftermarket ecosystem forms the chain's enduring tail, consisting of OEMs and third-party service providers offering spare parts, field service, maintenance contracts, repairs, and upgrades, which ensures the compressor's operational integrity and performance over its decades-long lifecycle, ultimately tying the entire chain back to the end-user's continuous operations.
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for API 618 Reciprocating Compressor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding API 618 Reciprocating Compressor.
The API 618 Reciprocating Compressor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global API 618 Reciprocating Compressor market comprehensively. Regional market sizes, concerning products by Type, by Application, by Piston Arrangement and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the API 618 Reciprocating Compressor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, by Piston Arrangement and by regions.
By Company
Dresser-Brand
GE
Neuman & Esser
Shenyang Yuanda
Kobelco
Howden
Shenyang Blower
Burckhardt Compression
Segment by Type
Horizontal API 618 Reciprocating Compressor
Vertical API 618 Reciprocating Compressor
Segment by Piston Arrangement
Single-Acting
Double-Acting
Segment by Cooling Method
Air-Cooled
Water-Cooled
Segment by Application
Refinery
Petrochemical and Chemical
Gas Transport and Storage
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, by Piston Arrangement etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of API 618 Reciprocating Compressor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of API 618 Reciprocating Compressor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of API 618 Reciprocating Compressor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 API 618 Reciprocating Compressor Market Overview
1.1 Product Definition
1.2 API 618 Reciprocating Compressor by Type
1.2.1 Global API 618 Reciprocating Compressor Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Horizontal API 618 Reciprocating Compressor
1.2.3 Vertical API 618 Reciprocating Compressor
1.3 API 618 Reciprocating Compressor by Piston Arrangement
1.3.1 Global API 618 Reciprocating Compressor Market Value Growth Rate Analysis by Piston Arrangement: 2024 VS 2031
1.3.2 Single-Acting
1.3.3 Double-Acting
1.4 API 618 Reciprocating Compressor by Cooling Method
1.4.1 Global API 618 Reciprocating Compressor Market Value Growth Rate Analysis by Cooling Method: 2024 VS 2031
1.4.2 Air-Cooled
1.4.3 Water-Cooled
1.5 API 618 Reciprocating Compressor by Application
1.5.1 Global API 618 Reciprocating Compressor Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.5.2 Refinery
1.5.3 Petrochemical and Chemical
1.5.4 Gas Transport and Storage
1.5.5 Others
1.6 Global Market Growth Prospects
1.6.1 Global API 618 Reciprocating Compressor Production Value Estimates and Forecasts (2020-2031)
1.6.2 Global API 618 Reciprocating Compressor Production Capacity Estimates and Forecasts (2020-2031)
1.6.3 Global API 618 Reciprocating Compressor Production Estimates and Forecasts (2020-2031)
1.6.4 Global API 618 Reciprocating Compressor Market Average Price Estimates and Forecasts (2020-2031)
1.7 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global API 618 Reciprocating Compressor Production Market Share by Manufacturers (2020-2025)
2.2 Global API 618 Reciprocating Compressor Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of API 618 Reciprocating Compressor, Industry Ranking, 2023 VS 2024
2.4 Global API 618 Reciprocating Compressor Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global API 618 Reciprocating Compressor Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of API 618 Reciprocating Compressor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of API 618 Reciprocating Compressor, Product Offered and Application
2.8 Global Key Manufacturers of API 618 Reciprocating Compressor, Date of Enter into This Industry
2.9 API 618 Reciprocating Compressor Market Competitive Situation and Trends
2.9.1 API 618 Reciprocating Compressor Market Concentration Rate
2.9.2 Global 5 and 10 Largest API 618 Reciprocating Compressor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 API 618 Reciprocating Compressor Production by Region
3.1 Global API 618 Reciprocating Compressor Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global API 618 Reciprocating Compressor Production Value by Region (2020-2031)
3.2.1 Global API 618 Reciprocating Compressor Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of API 618 Reciprocating Compressor by Region (2026-2031)
3.3 Global API 618 Reciprocating Compressor Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global API 618 Reciprocating Compressor Production Volume by Region (2020-2031)
3.4.1 Global API 618 Reciprocating Compressor Production by Region (2020-2025)
3.4.2 Global Forecasted Production of API 618 Reciprocating Compressor by Region (2026-2031)
3.5 Global API 618 Reciprocating Compressor Market Price Analysis by Region (2020-2025)
3.6 Global API 618 Reciprocating Compressor Production and Value, Year-over-Year Growth
3.6.1 North America API 618 Reciprocating Compressor Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe API 618 Reciprocating Compressor Production Value Estimates and Forecasts (2020-2031)
3.6.3 China API 618 Reciprocating Compressor Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan API 618 Reciprocating Compressor Production Value Estimates and Forecasts (2020-2031)
4 API 618 Reciprocating Compressor Consumption by Region
4.1 Global API 618 Reciprocating Compressor Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global API 618 Reciprocating Compressor Consumption by Region (2020-2031)
4.2.1 Global API 618 Reciprocating Compressor Consumption by Region (2020-2025)
4.2.2 Global API 618 Reciprocating Compressor Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America API 618 Reciprocating Compressor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America API 618 Reciprocating Compressor Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe API 618 Reciprocating Compressor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe API 618 Reciprocating Compressor Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific API 618 Reciprocating Compressor Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific API 618 Reciprocating Compressor Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa API 618 Reciprocating Compressor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa API 618 Reciprocating Compressor Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global API 618 Reciprocating Compressor Production by Type (2020-2031)
5.1.1 Global API 618 Reciprocating Compressor Production by Type (2020-2025)
5.1.2 Global API 618 Reciprocating Compressor Production by Type (2026-2031)
5.1.3 Global API 618 Reciprocating Compressor Production Market Share by Type (2020-2031)
5.2 Global API 618 Reciprocating Compressor Production Value by Type (2020-2031)
5.2.1 Global API 618 Reciprocating Compressor Production Value by Type (2020-2025)
5.2.2 Global API 618 Reciprocating Compressor Production Value by Type (2026-2031)
5.2.3 Global API 618 Reciprocating Compressor Production Value Market Share by Type (2020-2031)
5.3 Global API 618 Reciprocating Compressor Price by Type (2020-2031)
6 Segment by Application
6.1 Global API 618 Reciprocating Compressor Production by Application (2020-2031)
6.1.1 Global API 618 Reciprocating Compressor Production by Application (2020-2025)
6.1.2 Global API 618 Reciprocating Compressor Production by Application (2026-2031)
6.1.3 Global API 618 Reciprocating Compressor Production Market Share by Application (2020-2031)
6.2 Global API 618 Reciprocating Compressor Production Value by Application (2020-2031)
6.2.1 Global API 618 Reciprocating Compressor Production Value by Application (2020-2025)
6.2.2 Global API 618 Reciprocating Compressor Production Value by Application (2026-2031)
6.2.3 Global API 618 Reciprocating Compressor Production Value Market Share by Application (2020-2031)
6.3 Global API 618 Reciprocating Compressor Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Dresser-Brand
7.1.1 Dresser-Brand API 618 Reciprocating Compressor Company Information
7.1.2 Dresser-Brand API 618 Reciprocating Compressor Product Portfolio
7.1.3 Dresser-Brand API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Dresser-Brand Main Business and Markets Served
7.1.5 Dresser-Brand Recent Developments/Updates
7.2 GE
7.2.1 GE API 618 Reciprocating Compressor Company Information
7.2.2 GE API 618 Reciprocating Compressor Product Portfolio
7.2.3 GE API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Neuman & Esser
7.3.1 Neuman & Esser API 618 Reciprocating Compressor Company Information
7.3.2 Neuman & Esser API 618 Reciprocating Compressor Product Portfolio
7.3.3 Neuman & Esser API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Neuman & Esser Main Business and Markets Served
7.3.5 Neuman & Esser Recent Developments/Updates
7.4 Shenyang Yuanda
7.4.1 Shenyang Yuanda API 618 Reciprocating Compressor Company Information
7.4.2 Shenyang Yuanda API 618 Reciprocating Compressor Product Portfolio
7.4.3 Shenyang Yuanda API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Shenyang Yuanda Main Business and Markets Served
7.4.5 Shenyang Yuanda Recent Developments/Updates
7.5 Kobelco
7.5.1 Kobelco API 618 Reciprocating Compressor Company Information
7.5.2 Kobelco API 618 Reciprocating Compressor Product Portfolio
7.5.3 Kobelco API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Kobelco Main Business and Markets Served
7.5.5 Kobelco Recent Developments/Updates
7.6 Howden
7.6.1 Howden API 618 Reciprocating Compressor Company Information
7.6.2 Howden API 618 Reciprocating Compressor Product Portfolio
7.6.3 Howden API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Howden Main Business and Markets Served
7.6.5 Howden Recent Developments/Updates
7.7 Shenyang Blower
7.7.1 Shenyang Blower API 618 Reciprocating Compressor Company Information
7.7.2 Shenyang Blower API 618 Reciprocating Compressor Product Portfolio
7.7.3 Shenyang Blower API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Shenyang Blower Main Business and Markets Served
7.7.5 Shenyang Blower Recent Developments/Updates
7.8 Burckhardt Compression
7.8.1 Burckhardt Compression API 618 Reciprocating Compressor Company Information
7.8.2 Burckhardt Compression API 618 Reciprocating Compressor Product Portfolio
7.8.3 Burckhardt Compression API 618 Reciprocating Compressor Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Burckhardt Compression Main Business and Markets Served
7.8.5 Burckhardt Compression Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 API 618 Reciprocating Compressor Industry Chain Analysis
8.2 API 618 Reciprocating Compressor Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 API 618 Reciprocating Compressor Production Mode & Process Analysis
8.4 API 618 Reciprocating Compressor Sales and Marketing
8.4.1 API 618 Reciprocating Compressor Sales Channels
8.4.2 API 618 Reciprocating Compressor Distributors
8.5 API 618 Reciprocating Compressor Customer Analysis
9 API 618 Reciprocating Compressor Market Dynamics
9.1 API 618 Reciprocating Compressor Industry Trends
9.2 API 618 Reciprocating Compressor Market Drivers
9.3 API 618 Reciprocating Compressor Market Challenges
9.4 API 618 Reciprocating Compressor Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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