Market Overview:
The Global Solvent Extraction System Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for solvent extraction systems in various applications such as environmental, pharmaceutical, polymer, food & feed, and consumer products. In addition, the growing demand for green solvents and rising awareness about the benefits of solvent extraction are also contributing to the market growth. However, high initial investment cost and stringent regulatory norms are restraining the market growth. Based on type, the global solvent extraction system market is segmented into Soxhlet extractor and pressurized solvent extractor. The Soxhlet extractor segment dominates the global market due to its low initial investment cost as compared to other types of solvent extraction systems available in the market.
Product Definition:
A solvent extraction system is a piece of equipment used to extract compounds from a sample. The importance of solvent extraction systems varies depending on the application, but they can be essential for tasks such as separating compounds in a mixture or purifying molecules.
Soxhlet Extractor:
The soxhlet extractor is a device used in the preparation of olefins from alcohols and aliphatic compounds. It works by using a soxhlet apparatus, which consists of two interlocking rotating plates. The upper plate contains the catalyst while the lower one is occupied with an alcoholic solution. As soon as they are connected, they start to rotate at high speed and generate low pressure inside the tube due to their centrifugal force.
Pressurized Solvent Extractor:
Pressurized solvent extractor is a device used to recover valuable components from liquid solvents. It consists of a chamber where the solvent is admitted and then, the pressure is increased by using pumps until the desired yield is obtained. The components are then collected in an outer container.
The advantages of using such kind of extractors are that it reduces energy consumption, there’s no requirement for distillation since heat can be absorbed directly from surroundings during extraction process.
Application Insights:
The environmental segment dominated the global market in terms of revenue and is expected to continue leading over the forecast period. The growing demand for environmentally friendly products has led to an increased focus on developing sustainable processes for extraction. So-called green chemistry processes are being increasingly used as they do not involve any kind of chemical waste generation.
Solvent extraction is one such process that can be carried out using a relatively clean technique, with low energy consumption and without generating any kind of chemical waste product like phosphoric acid or chlorinated hydrocarbon derivatives. This makes it suitable for use in various industrial applications including cleaning agents production, oil & gas processing, pharmaceuticals, paints & coatings and many more where high purity levels are required but toxicity is an issue.
The polymer segment was worth USD 1 billion in 2017 owing to increasing demand from emerging economies like India and China along with developed regions such as North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising environmental concerns and increasing government initiatives in countries such as China, India, Japan, and South Korea. For instance, in September 2016, China’s State Environmental Protection Administration (SEPA) announced a USD X billion investment plan for solvent recovery projects across 16 provinces from 2014 to 2020.
In North America solvent extraction systems market is expected witness significant growth over the forecast period owing to stringent regulations regarding wastewater treatment processes coupled with growing environmental awareness among end-users of solvents such as polymers.
Growth Factors:
- Increasing demand for solvent extraction system in food and beverage industry as it helps in the production of high-quality products.
- Growing popularity of organic foods, which requires the use of solvent extraction system for extracting oil and other nutrients from plant materials.
- Rising demand from pharmaceutical and biotechnology industries for the use of solvent extraction system in drug discovery and development processes.
- Increasing research on biofuels, which is expected to drive the demand for solvent extraction systems over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent Extraction System Market Research Report
By Type
Soxhlet Extractor, Pressurized Solvent Extractor
By Application
Environmental, Pharmaceutical, Polymer, Food & Feed, Consumer Products
By Companies
Thermo Fisher, FMS, LabTech, Buchi, Spectrum, Thermo Fisher
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Solvent Extraction System Market Report Segments:
The global Solvent Extraction System market is segmented on the basis of:
Types
Soxhlet Extractor, Pressurized Solvent Extractor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Environmental, Pharmaceutical, Polymer, Food & Feed, Consumer Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher
- FMS
- LabTech
- Buchi
- Spectrum
- Thermo Fisher
Highlights of The Solvent Extraction System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soxhlet Extractor
- Pressurized Solvent Extractor
- By Application:
- Environmental
- Pharmaceutical
- Polymer
- Food & Feed
- Consumer Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solvent Extraction System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A solvent extraction system is a device that uses solvents to extract substances from a mixture. The most common type of solvent extraction system is the distillation column, which uses heat and pressure to separate different compounds from a mixture.
Some of the major players in the solvent extraction system market are Thermo Fisher, FMS, LabTech, Buchi, Spectrum, Thermo Fisher.
The solvent extraction system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solvent Extraction System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Solvent Extraction System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solvent Extraction System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Solvent Extraction System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Solvent Extraction System Market Size & Forecast, 2018-2028
4.5.1 Solvent Extraction System Market Size and Y-o-Y Growth
4.5.2 Solvent Extraction System Market Absolute $ Opportunity
Chapter 5 Global Solvent Extraction System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Solvent Extraction System Market Size Forecast by Type
5.2.1 Soxhlet Extractor
5.2.2 Pressurized Solvent Extractor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solvent Extraction System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Solvent Extraction System Market Size Forecast by Applications
6.2.1 Environmental
6.2.2 Pharmaceutical
6.2.3 Polymer
6.2.4 Food & Feed
6.2.5 Consumer Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solvent Extraction System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solvent Extraction System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Solvent Extraction System Analysis and Forecast
9.1 Introduction
9.2 North America Solvent Extraction System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Solvent Extraction System Market Size Forecast by Type
9.6.1 Soxhlet Extractor
9.6.2 Pressurized Solvent Extractor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Solvent Extraction System Market Size Forecast by Applications
9.10.1 Environmental
9.10.2 Pharmaceutical
9.10.3 Polymer
9.10.4 Food & Feed
9.10.5 Consumer Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Solvent Extraction System Analysis and Forecast
10.1 Introduction
10.2 Europe Solvent Extraction System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Solvent Extraction System Market Size Forecast by Type
10.6.1 Soxhlet Extractor
10.6.2 Pressurized Solvent Extractor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Solvent Extraction System Market Size Forecast by Applications
10.10.1 Environmental
10.10.2 Pharmaceutical
10.10.3 Polymer
10.10.4 Food & Feed
10.10.5 Consumer Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Solvent Extraction System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solvent Extraction System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Solvent Extraction System Market Size Forecast by Type
11.6.1 Soxhlet Extractor
11.6.2 Pressurized Solvent Extractor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Solvent Extraction System Market Size Forecast by Applications
11.10.1 Environmental
11.10.2 Pharmaceutical
11.10.3 Polymer
11.10.4 Food & Feed
11.10.5 Consumer Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Solvent Extraction System Analysis and Forecast
12.1 Introduction
12.2 Latin America Solvent Extraction System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Solvent Extraction System Market Size Forecast by Type
12.6.1 Soxhlet Extractor
12.6.2 Pressurized Solvent Extractor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Solvent Extraction System Market Size Forecast by Applications
12.10.1 Environmental
12.10.2 Pharmaceutical
12.10.3 Polymer
12.10.4 Food & Feed
12.10.5 Consumer Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Solvent Extraction System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solvent Extraction System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Solvent Extraction System Market Size Forecast by Type
13.6.1 Soxhlet Extractor
13.6.2 Pressurized Solvent Extractor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Solvent Extraction System Market Size Forecast by Applications
13.10.1 Environmental
13.10.2 Pharmaceutical
13.10.3 Polymer
13.10.4 Food & Feed
13.10.5 Consumer Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solvent Extraction System Market: Competitive Dashboard
14.2 Global Solvent Extraction System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher
14.3.2 FMS
14.3.3 LabTech
14.3.4 Buchi
14.3.5 Spectrum
14.3.6 Thermo Fisher
