Industry: Machinery & Equipment
Published Date: 2025-11-18
Pages: 77 Pages
Report ld: 4930787
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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 API 618 Reciprocating Compressor market size was US$ 1760 million in 2024 and is forecast to a readjusted size of US$ 2087 million by 2031 with a CAGR of 2.5% during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on API 618 Reciprocating Compressor market competitiveness, regional economic performance, and supply chain configurations.
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.
The global API 618 Reciprocating Compressor market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of API 618 Reciprocating Compressor market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Vertical API 618 Reciprocating Compressor in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Petrochemical and Chemical in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the API 618 Reciprocating Compressor value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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 Market Overview
1.1 API 618 Reciprocating Compressor Product Scope
1.2 API 618 Reciprocating Compressor by Type
1.2.1 Global API 618 Reciprocating Compressor Sales by Type (2020 & 2024 & 2031)
1.2.2 Horizontal API 618 Reciprocating Compressor
1.2.3 Vertical API 618 Reciprocating Compressor
1.3 API 618 Reciprocating Compressor by Application
1.3.1 Global API 618 Reciprocating Compressor Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Refinery
1.3.3 Petrochemical and Chemical
1.3.4 Gas Transport and Storage
1.3.5 Others
1.4 Global API 618 Reciprocating Compressor Market Estimates and Forecasts (2020-2031)
1.4.1 Global API 618 Reciprocating Compressor Market Size in Value Growth Rate (2020-2031)
1.4.2 Global API 618 Reciprocating Compressor Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global API 618 Reciprocating Compressor Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global API 618 Reciprocating Compressor Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global API 618 Reciprocating Compressor Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global API 618 Reciprocating Compressor Sales Market Share by Region (2020-2025)
2.2.2 Global API 618 Reciprocating Compressor Revenue Market Share by Region (2020-2025)
2.3 Global API 618 Reciprocating Compressor Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global API 618 Reciprocating Compressor Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global API 618 Reciprocating Compressor Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America API 618 Reciprocating Compressor Market Size and Prospective (2020-2031)
2.4.2 Europe API 618 Reciprocating Compressor Market Size and Prospective (2020-2031)
2.4.3 China API 618 Reciprocating Compressor Market Size and Prospective (2020-2031)
2.4.4 Japan API 618 Reciprocating Compressor Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global API 618 Reciprocating Compressor Historic Market Review by Type (2020-2025)
3.1.1 Global API 618 Reciprocating Compressor Sales by Type (2020-2025)
3.1.2 Global API 618 Reciprocating Compressor Revenue by Type (2020-2025)
3.1.3 Global API 618 Reciprocating Compressor Price by Type (2020-2025)
3.2 Global API 618 Reciprocating Compressor Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global API 618 Reciprocating Compressor Sales Forecast by Type (2026-2031)
3.2.2 Global API 618 Reciprocating Compressor Revenue Forecast by Type (2026-2031)
3.2.3 Global API 618 Reciprocating Compressor Price Forecast by Type (2026-2031)
3.3 Different Types API 618 Reciprocating Compressor Representative Players
4 Global Market Size by Application
4.1 Global API 618 Reciprocating Compressor Historic Market Review by Application (2020-2025)
4.1.1 Global API 618 Reciprocating Compressor Sales by Application (2020-2025)
4.1.2 Global API 618 Reciprocating Compressor Revenue by Application (2020-2025)
4.1.3 Global API 618 Reciprocating Compressor Price by Application (2020-2025)
4.2 Global API 618 Reciprocating Compressor Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global API 618 Reciprocating Compressor Sales Forecast by Application (2026-2031)
4.2.2 Global API 618 Reciprocating Compressor Revenue Forecast by Application (2026-2031)
4.2.3 Global API 618 Reciprocating Compressor Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in API 618 Reciprocating Compressor Application
5 Competition Landscape by Players
5.1 Global API 618 Reciprocating Compressor Sales by Players (2020-2025)
5.2 Global Top API 618 Reciprocating Compressor Players by Revenue (2020-2025)
5.3 Global API 618 Reciprocating Compressor Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in API 618 Reciprocating Compressor as of 2024)
5.4 Global API 618 Reciprocating Compressor Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of API 618 Reciprocating Compressor, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of API 618 Reciprocating Compressor, Product Type & Application
5.7 Global Key Manufacturers of API 618 Reciprocating Compressor, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America API 618 Reciprocating Compressor Sales by Company
6.1.1.1 North America API 618 Reciprocating Compressor Sales by Company (2020-2025)
6.1.1.2 North America API 618 Reciprocating Compressor Revenue by Company (2020-2025)
6.1.2 North America API 618 Reciprocating Compressor Sales Breakdown by Type (2020-2025)
6.1.3 North America API 618 Reciprocating Compressor Sales Breakdown by Application (2020-2025)
6.1.4 North America API 618 Reciprocating Compressor Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe API 618 Reciprocating Compressor Sales by Company
6.2.1.1 Europe API 618 Reciprocating Compressor Sales by Company (2020-2025)
6.2.1.2 Europe API 618 Reciprocating Compressor Revenue by Company (2020-2025)
6.2.2 Europe API 618 Reciprocating Compressor Sales Breakdown by Type (2020-2025)
6.2.3 Europe API 618 Reciprocating Compressor Sales Breakdown by Application (2020-2025)
6.2.4 Europe API 618 Reciprocating Compressor Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China API 618 Reciprocating Compressor Sales by Company
6.3.1.1 China API 618 Reciprocating Compressor Sales by Company (2020-2025)
6.3.1.2 China API 618 Reciprocating Compressor Revenue by Company (2020-2025)
6.3.2 China API 618 Reciprocating Compressor Sales Breakdown by Type (2020-2025)
6.3.3 China API 618 Reciprocating Compressor Sales Breakdown by Application (2020-2025)
6.3.4 China API 618 Reciprocating Compressor Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan API 618 Reciprocating Compressor Sales by Company
6.4.1.1 Japan API 618 Reciprocating Compressor Sales by Company (2020-2025)
6.4.1.2 Japan API 618 Reciprocating Compressor Revenue by Company (2020-2025)
6.4.2 Japan API 618 Reciprocating Compressor Sales Breakdown by Type (2020-2025)
6.4.3 Japan API 618 Reciprocating Compressor Sales Breakdown by Application (2020-2025)
6.4.4 Japan API 618 Reciprocating Compressor Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Dresser-Brand
7.1.1 Dresser-Brand Company Information
7.1.2 Dresser-Brand Business Overview
7.1.3 Dresser-Brand API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Dresser-Brand API 618 Reciprocating Compressor Products Offered
7.1.5 Dresser-Brand Recent Development
7.2 GE
7.2.1 GE Company Information
7.2.2 GE Business Overview
7.2.3 GE API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.2.4 GE API 618 Reciprocating Compressor Products Offered
7.2.5 GE Recent Development
7.3 Neuman & Esser
7.3.1 Neuman & Esser Company Information
7.3.2 Neuman & Esser Business Overview
7.3.3 Neuman & Esser API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Neuman & Esser API 618 Reciprocating Compressor Products Offered
7.3.5 Neuman & Esser Recent Development
7.4 Shenyang Yuanda
7.4.1 Shenyang Yuanda Company Information
7.4.2 Shenyang Yuanda Business Overview
7.4.3 Shenyang Yuanda API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Shenyang Yuanda API 618 Reciprocating Compressor Products Offered
7.4.5 Shenyang Yuanda Recent Development
7.5 Kobelco
7.5.1 Kobelco Company Information
7.5.2 Kobelco Business Overview
7.5.3 Kobelco API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Kobelco API 618 Reciprocating Compressor Products Offered
7.5.5 Kobelco Recent Development
7.6 Howden
7.6.1 Howden Company Information
7.6.2 Howden Business Overview
7.6.3 Howden API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Howden API 618 Reciprocating Compressor Products Offered
7.6.5 Howden Recent Development
7.7 Shenyang Blower
7.7.1 Shenyang Blower Company Information
7.7.2 Shenyang Blower Business Overview
7.7.3 Shenyang Blower API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Shenyang Blower API 618 Reciprocating Compressor Products Offered
7.7.5 Shenyang Blower Recent Development
7.8 Burckhardt Compression
7.8.1 Burckhardt Compression Company Information
7.8.2 Burckhardt Compression Business Overview
7.8.3 Burckhardt Compression API 618 Reciprocating Compressor Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Burckhardt Compression API 618 Reciprocating Compressor Products Offered
7.8.5 Burckhardt Compression Recent Development
8 API 618 Reciprocating Compressor Manufacturing Cost Analysis
8.1 API 618 Reciprocating Compressor Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of API 618 Reciprocating Compressor
8.4 API 618 Reciprocating Compressor Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 API 618 Reciprocating Compressor Distributors List
9.3 API 618 Reciprocating Compressor Customers
10 API 618 Reciprocating Compressor Market Dynamics
10.1 API 618 Reciprocating Compressor Industry Trends
10.2 API 618 Reciprocating Compressor Market Drivers
10.3 API 618 Reciprocating Compressor Market Challenges
10.4 API 618 Reciprocating Compressor Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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