Key Market Indicators
Chinese demand for compressors is expected to reach 114 million kilograms by 2026, up 0.4% annually from 2021's 111.5 million kilograms. Since 2005, demand has grown 5.9% year on year. Meanwhile, Chinese supply of compressors is projected to reach 1.18 billion kilograms by 2026, an annual increase of 3.7% from 2021's 944.5 million kilograms. Since 2005, Chinese supply has risen 20.2% year on year. Thailand, South Korea and Slovakia were the next three largest suppliers.