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Report Overview
The Thailand centrifugal compressor market was valued at USD 30.07 Million in 2025. The market is expected to grow at a CAGR of 4.60% during the forecast period of 2026-2035 to reach a value of USD 47.15 Million by 2035. The increasing demand for contamination-free compressed air across key industries such as electronics, food processing, and pharmaceuticals is significantly driving the adoption of oil-free centrifugal compressors in Thailand.
Key Market Trends and Insights
- By end-user, the chemical category is projected to witness a CAGR of 5.4% over the forecast period.
- Increasing deployment in data centers and digital infrastructure cooling is diversifying compressor applications beyond traditional sectors.
- Emergence of hydrogen and clean energy applications is creating new long-term opportunities for advanced centrifugal compression technologies.
Market Size & Forecast
- Market Size in 2025: USD 30.07 Million
- Projected Market Size in 2035: USD 47.15 Million
- CAGR from 2026 to 2035: 4.60%
The Thailand centrifugal compressor market is being driven by the increasing integration of process gas compression systems in emerging applications such as hydrogen blending and specialty gas handling, where precise pressure control and continuous-duty performance are critical. Additionally, the rising preference for multi-stage centrifugal compressors in high-capacity district cooling and industrial utility systems is supporting demand, as these configurations offer superior efficiency at scale. Manufacturers are also optimizing impeller design and aerodynamics to enhance performance in such niche applications, further strengthening the technological landscape of the market.
Moreover, as the country strengthens its position as a global manufacturing and export hub, industries are required to comply with stringent international quality and safety standards, including ISO Class 0 air requirements. This has made oil-free systems a critical component in ensuring product integrity, operational efficiency, and regulatory compliance. Additionally, the growing focus on sustainability and energy efficiency is encouraging end users to replace conventional compressors with advanced oil-free centrifugal technologies. These systems not only eliminate the risk of oil contamination but also offer improved lifecycle performance and reduced maintenance costs, thereby boosting demand in the Thailand centrifugal compressor market. Reflecting this trend, in October 2023, Atlas Copco announced the expansion of its oil-free centrifugal compressor range, emphasizing high efficiency and clean air solutions.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Compound Annual Growth Rate
4.6%
Value in USD Million
2026-2035
*this image is indicative*
|
Thailand Centrifugal Compressor Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2025 |
|
Historical Period |
USD Million |
2019-2025 |
|
Forecast Period |
USD Million |
2026-2035 |
|
Market Size 2025 |
USD Million |
30.07 |
|
Market Size 2035 |
USD Million |
47.15 |
|
CAGR 2019-2025 |
Percentage |
XX% |
|
CAGR 2026-2035 |
Percentage |
4.60% |
|
CAGR 2026-2035 - Market by End-User |
Chemical |
5.4% |
Key Trends and Recent Developments
Rising Adoption of Magnetic-Bearing Centrifugal Technologies in HVAC Applications
The increased use of advanced centrifugal-based HVAC and district cooling systems is becoming a notable trend in the Thailand centrifugal compressor market, especially in commercial infrastructure and large-scale real estate developments. The growing need to have energy-saving and environmentally friendly cooling systems is driving the incorporation of the magnetic centrifugal systems, which are oil-free, require less maintenance, and perform better. Market players are innovating their product range to establish their presence in the industry. In line with this development, in April 2023, Midea Building Technologies released its Magboost Pro magnetic centrifugal chiller in Bangkok that boasts high-efficiency and low-emission technology.
Emergence of Hydrogen-Based Applications
The current interest in hydrogen as a clean energy source in the world is creating new opportunities to launch advanced centrifugal compressors, mainly in hydrogen liquefaction and transportation systems. These applications demand specialized compressors that can work with low-density gases at high speeds and pressure. This trend is anticipated to affect the Thailand centrifugal compressor market as the region is slowly moving towards decarbonization and alternative energy efforts around the world. Similar to this change, in February 2025, Kawasaki Heavy Industries, Ltd. began constructing the world’s first centrifugal hydrogen compressor for liquefaction plants, highlighting centrifugal technology’s role in next-generation energy systems.
Rising LNG Infrastructure Investments Driving Demand for Centrifugal Compressors
The growing interest in LNG infrastructure is accelerating demand for high-capacity centrifugal compressors. With the growth in energy security and the transition plans of the nations, the advanced compressor systems are becoming important in large-scale LNG projects. This is a positive trend that is affecting the development of the Thailand centrifugal compressor market as companies are following global inventions in energy and the adoption of the technology. In March 2026, Baker Hughes was called to provide gas turbine-driven centrifugal compressor trains to an offshore LNG project by ST LNG, indicating the increased use of sophisticated compression solutions in large-scale energy infrastructure.
Ongoing Development of Data Center Infrastructure Fueling Demand for Advanced Centrifugal Cooling Systems
The high-efficiency centrifugal cooling systems are creating new demand due to the rapid growth in data center infrastructure in the Asia Pacific, as more people move towards cloud computing and artificial intelligence. Reliable, energy-saving, and constant cooling solutions are needed in these facilities, and thus, there is the use of magnetic bearing centrifugal compressors that are free of oil and can be operated with low maintenance. This development is driving demand diversification in the Thailand centrifugal compressor market, particularly across high-growth digital infrastructure sectors. For example, in March 2026, Trane Technologies introduced its HSAG air-cooled centrifugal chiller that uses magnetic bearings to the data center in the Asia Pacific region, marking a breakthrough in regard to efficient cooling systems.
Development of Non-Associated Gas Fields
Advancements in non-associated gas fields are driving demand for high-tech centrifugal compressors across gas processing, transportation, and LNG integration applications. Such projects need multi-phase compression systems to manage high-pressure gas streams and provide smooth flow over offshore and onshore systems. This trend is strengthening the Thailand centrifugal compressor market as similar gas monetization strategies gain momentum across Southeast Asia. In line with this trend, in March 2026, the Quiluma gas field project in Angola began its operations with integrated multi-stage centrifugal compression systems to support large-scale gas processing and LNG feed infrastructure, demonstrating the importance of compressors in present-day gas developments.
Thailand Centrifugal Compressor Industry Segmentation
The EMR’s report titled “Thailand Centrifugal Compressor Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by End-User
- Oil and Gas
- Power Generation
- Chemical
- Others
Key Insight: End-user segmentation of the Thailand centrifugal compressor market scope comprises oil and gas, power generation, chemical, and other industries, such as manufacturing and food processing industries. The oil and gas sector maintains its dominance in the market owing to the increased investments in the LNG infrastructure, gas processing plants, and energy security programs that enable firms like Siemens Energy AG and GE Vernova Inc. to provide sophisticated turbomachinery and large-scale compression systems. The power generation category is growing as the demand for electricity increases, and grids are being modernized with the support of power generation companies such as Mitsubishi Heavy Industries Ltd. Meanwhile, the chemical industry uses effective and uninterrupted compression systems from Atlas Copco AB to maintain the stability of the process and high-pressure functioning.
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Purchase the Regional Overview for USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Thailand Centrifugal Compressor Market Share
By end-user, the chemical category dominates the market, driven by the ongoing expansion of petrochemical and chemical processing facilities surging compressor demand
The growth of petrochemical and chemical processing plants in Southeast Asia is driving the increased use of high-capacity centrifugal compressors in continuous production and gas handling. The growing number of investments in the production of ethylene and other derivatives is creating the necessity to have efficient and reliable compression systems in place to guarantee the stability of processes and maximize output levels. This is positively impacting the Thailand centrifugal compressor market value as the regional supply chains are increasingly getting integrated. In line with this trend, in December 2025, Hitachi Industrial Products Ltd. secured an order to provide more centrifugal compressors to an ethylene export expansion project in Singapore, which reflects increasing demand in the chemical segment.
On the other hand, the increasing number of gas-fired power plants and designable energy systems is driving demand for new centrifugal compressors for use in fuel-gas boosting and running turbines. Compression is a critical area where power utilities are shifting toward integrated, high-efficiency systems to enhance plant reliability and reduce emissions. Major market players, including Siemens Energy AG, provide turnkey compressor systems that include turbines and drives, hence improving operational efficiency and reducing plant space requirements. Such integrated solutions can reduce costs and improve performance in a large-scale facility. Similarly, GE Vernova, Inc. and Mitsubishi Heavy Industries, Ltd. are developing high-energy-efficiency turbomachinery applications to meet the cleaner generation of power, further supporting the Thailand centrifugal compressor market expansion.
Competitive Landscape
Major Thailand centrifugal compressor market players are now placing more emphasis on product innovation and facility expansion to support the changing industrial needs. Some companies are investing funds into developing energy-saving and oil-free centrifugal compressors in order to achieve the high standards of quality and sustainability in many sectors, including electronics and food processing. Moreover, manufacturing companies are incorporating digital monitoring and predictive maintenance options to boost their performance, minimize downtime, and enhance their value proposition, as well as increase long-term customer retention in a competitive marketplace.
Simultaneously, Thailand centrifugal compressor companies are also actively seeking strategic alliances, market expansion, and building their service networks to enhance their market presence. Local manufacturing and service facilities provide prompt cadence and better after-sales services, which are essential to the sophisticated centrifugal compressor systems. In addition, the market participants are aligning themselves with massive infrastructure and energy projects to obtain long-term contracts.
GE Vernova Inc.
GE Vernova Inc. was established in April 2024 as a transformation of General Electric’s energy business, with headquarters in Cambridge, United States. The company specializes in high-end energy and industrial solutions, providing turbomachinery and compressor technologies, which assist in the power, oil, and gas, and global decarbonization projects.
Atlas Copco AB
Atlas Copco AB is a Swedish company established in 1873 and located in Stockholm. The company is a major player in the Thailand centrifugal compressor market, which focuses on compressors, vacuum systems, and energy-efficient technologies.
Siemens Energy AG
Siemens Energy AG, a subsidiary of Siemens AG, is a significant participant in the global energy industry with its headquarters located in Munich, Germany and established in 2020. The company provides state-of-the-art turbomachinery, such as centrifugal compressors, to power generation, industrial process, and energy transition projects.
Chart Industries, Inc.
Chart Industries, Inc. is a company that manufactures engineered gas and liquid handling equipment, which is located in Ball Ground, the United States, and was established in 1992. The business has secured a prominent position in the Thailand centrifugal compressor market landscape and offers compressions and cryogenic services that are specialized.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Kaeser Kompressoren (Thailand) Ltd., BAUER COMP Holding GmbH, and BOGE Kompressoren Asia Pacific Pte Ltd., among others.
Key Highlights of the Thailand Centrifugal Compressor Market Report
- Historical performance and reliable forecasts using 2035 that provide detailed analysis of historical market patterns, price trends, and demand patterns across major end-use industries.
- Close consideration of the modern technological advances, such as oil-free systems and high-efficiency centrifugal compressors. Discusses the way innovation is influencing performance enhancements, sustainability ambitions, and cost efficiency in industries.
- Proper evaluation of the key players, their market positions, their products, and their initiatives. Cites mergers, expansions, partnerships, and competitive benchmarking to give a concise picture of the industry.
- Locates areas of high growth in Thailand, such as the industrial corridors and manufacturing areas. Evaluates the demand drivers in the regions, and this would enable the stakeholders to focus on high-potential markets.
Why Choose Expert Market Research?
- The data is obtained with the help of reliable sources in the industry, interviews with experts, and other research methods which are accurate and reliable in making informed decisions.
- Provides practical knowledge that assists businesses in determining growth opportunities and reducing risks. Facilitates product development, expansion, and competitive positioning.
- Provides geographical and compressor-type granular breakdowns to analyze specifically. Allows companies to adapt strategies to certain segments of the market and regional demand patterns.
Call to Action
Explore the latest trends shaping the Thailand centrifugal compressor market 2026-2035 with our in-depth report. Gain strategic insights, future forecasts, and key market developments that can help you stay competitive. Download a free sample report or contact our team for customized consultation on Thailand centrifugal compressor market trends 2026.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the Thailand centrifugal compressor market reached an approximate value of USD 30.07 Million.
The market is projected to grow at a CAGR of 4.60% between 2026 and 2035.
The key players in the market include GE Vernova Inc., Atlas Copco AB, Siemens Energy AG, Chart Industries, Inc., Kaeser Kompressoren (Thailand) Ltd., BAUER COMP Holding GmbH, and BOGE Kompressoren Asia Pacific Pte Ltd., among others.
Key strategies driving the market include product innovation in energy-efficient and oil-free compressors, expansion of local service networks, strategic partnerships in energy and industrial projects, and increasing investments in digital monitoring and predictive maintenance technologies.
Major challenges that the Thailand centrifugal compressor market players face include high initial capital costs, complex maintenance requirements, intense competition from alternative compressor technologies, and fluctuating demand linked to industrial and energy sector investments.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by End-User |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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