A Valuation of USD 4,697.5 million to be acquired by the Global Gas Jet Compressor Market by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
Kadant Inc (KAI)
Last kadant inc earnings: 4/29 04:34 pm
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Source: Yahoo! Finance
gas through distribution networks, storage facilities, and pipelines. These compressors ensure the safe long-distance transportation of natural gas, increasing their popularity in the industrial automation sector. NEWARK, Del, June 27, 2024 (GLOBE NEWSWIRE) -- The global gas jet compressor market reached US$ 2464.8 million in 2019. Worldwide demand for gas jet compressors saw moderate growth in 2023, suggesting an expansion of the market to US$ 3,024.9 million in 2024. Projections for the period between 2024 and 2034 indicate a CAGR, resulting in a market size of US$ 4,697.5 million by the end of 2034. The growing need for infrastructure connected to hydrogen is one development in the gas jet compressor market that draws companies. Gas jet compressors are crucial for the manufacturing, storing, and shipping of hydrogen, as they are now an effective option for decarbonizing industries. This motivates firms to make investments in this technology in order to take benefit of the devel
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News
- Kadant Inc. (NYSE: KAI) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $360.00 price target on the stock.MarketBeat
- Kadant: Growing E-Commerce, A Circular Economy, And Acquisition Of Dynamic Sealing Technologies [Seeking Alpha]Seeking Alpha
- Kadant Inc. (NYSE: KAI) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $360.00 price target on the stock.MarketBeat
- Kadant Acquires Dynamic Sealing Technologies [Yahoo! Finance]Yahoo! Finance
- Kadant Acquires Dynamic Sealing TechnologiesGlobeNewswire
KAI
Earnings
- 4/30/24 - Beat
KAI
Sec Filings
- 6/4/24 - Form 4
- 6/3/24 - Form 8-K
- 6/3/24 - Form 4
- KAI's page on the SEC website