Market Overview:
The global solvent recovery equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solvent recovery equipment from various end-use industries, such as printing, painting & coating, oil & chemical, pharmaceuticals and others. In addition, stringent environmental regulations across the globe are also driving the demand for solvent recovery equipment. On-site solvent recovery equipment is expected to hold a major share of the global market during the forecast period owing to its advantages such as low installation and operational costs and easy portability.
Product Definition:
Solvent recovery equipment is used to purify solvents by distilling them. This is important because it allows for reuse of the solvents, which reduces costs and helps to protect the environment.
On-site Solvent Recovery Equipment:
On-site solvent recovery equipment is used to recover the solvents from the flue gas stream. The recovered solvents are then either vented into the atmosphere or recycled into another process. On-site solvent recovery equipment finds its application in both small and large scale industries as well as in various end-user industries such as automotive, pharmaceuticals, electronics & semiconductors and printing & writing.
Off-site Solvent Recovery Equipment:
Solvent recovery equipment is used to separate a certain percentage of oil and water in a mixture of chemicals. The recovered liquid is known as the solvent and its counterpart solid material remains as residue. Solvent recovery process can be done at two different levels, namely production level and processing level.
Application Insights:
The other application segment includes food & beverage, pharmaceuticals, cosmetics and others. The demand for solvent recovery equipment in the other applications is anticipated to witness growth at a CAGR of XX% from 2018 to 2030 owing to the increasing use of these systems in industries such as paints and coatings, printing and publishing, oil & gas, etc. Furthermore, regulations aimed at reducing air pollution are likely to drive industry expansion over the forecast period. For instance, according to EPA regulations passed in 2015 with an aim toward improving indoor air quality across schools and workplaces by limiting VOC emissions from products like paints and solvents used during their production or preparation activities inside buildings (Ref).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for solvent recovery equipment from various end-use industries such as printing, pharmaceuticals, oil & gas, and others. In addition, increasing government initiatives coupled with growing awareness regarding environmental protection are anticipated to drive industry expansion over the next eight years.
The Asia Pacific regional market is characterized by presence of prominent manufacturers such as SGS SA; Lanxess AG & Co.; Evonik Industries AG; Air Liquide; and many more. These companies are focusing on capacity expansions due to high product demand across emerging economies including China and India.
Growth Factors:
- Increasing demand for solvent recovery equipment from the printing and packaging industries
- Growing popularity of solvent-based ink in the printing industry
- Rising demand for environmentally friendly solvents and equipment
- Proliferation of nanotechnology and its growing adoption in various industries
- Technological advancements in solvent recovery equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent Recovery Equipment Market Research Report
By Type
On-site Solvent Recovery Equipment, Off-site Solvent Recovery Equipment
By Application
Printing Industry, Painting & Coating, Oil & Chemical, Pharmaceuticals, Others
By Companies
Dürr MEGTEC, OFRU Recycling, Sulzer, Progressive Recovery, Inc., Spooner AMCEC, HongYi, Maratek Environmental, CMI Group, Wintek Corporation, CBG Technologies, KURIMOTO, LTD., Oregon Environmental Systems (Rooba), KOBEX Co., Ltd., KIMURA CHEMICAL PLANTS, Koch Modular Process Systems, Wiggens, NexGen Enviro Systems, IST Pure, Daetwyler Cleaning Technologies, EZG Manufacturing
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Solvent Recovery Equipment Market Report Segments:
The global Solvent Recovery Equipment market is segmented on the basis of:
Types
On-site Solvent Recovery Equipment, Off-site Solvent Recovery Equipment
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
Printing Industry, Painting & Coating, Oil & Chemical, Pharmaceuticals, Others
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:
- Dürr MEGTEC
- OFRU Recycling
- Sulzer
- Progressive Recovery, Inc.
- Spooner AMCEC
- HongYi
- Maratek Environmental
- CMI Group
- Wintek Corporation
- CBG Technologies
- KURIMOTO, LTD.
- Oregon Environmental Systems (Rooba)
- KOBEX Co., Ltd.
- KIMURA CHEMICAL PLANTS
- Koch Modular Process Systems
- Wiggens
- NexGen Enviro Systems
- IST Pure
- Daetwyler Cleaning Technologies
- EZG Manufacturing
Highlights of The Solvent Recovery Equipment 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:
- On-site Solvent Recovery Equipment
- Off-site Solvent Recovery Equipment
- By Application:
- Printing Industry
- Painting & Coating
- Oil & Chemical
- Pharmaceuticals
- Others
- 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 Recovery Equipment 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Solvent recovery equipment is a system used to recover solvents from waste streams. Solvent recovery systems can be divided into two main categories: absorption and distillation. Absorption systems use a series of filters to trap the volatile components of the waste stream, while distillation systems use heat and pressure to separate the liquids from the solids.
Some of the major players in the solvent recovery equipment market are DƒÂ¼rr MEGTEC, OFRU Recycling, Sulzer, Progressive Recovery, Inc., Spooner AMCEC, HongYi, Maratek Environmental, CMI Group, Wintek Corporation, CBG Technologies, KURIMOTO, LTD., Oregon Environmental Systems (Rooba), KOBEX Co., Ltd., KIMURA CHEMICAL PLANTS, Koch Modular Process Systems, Wiggens, NexGen Enviro Systems, IST Pure, Daetwyler Cleaning Technologies, EZG Manufacturing.
The solvent recovery equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solvent Recovery Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solvent Recovery Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solvent Recovery Equipment Market - Supply Chain
4.5. Global Solvent Recovery Equipment Market Forecast
4.5.1. Solvent Recovery Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solvent Recovery Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solvent Recovery Equipment Market Absolute $ Opportunity
5. Global Solvent Recovery Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solvent Recovery Equipment Market Size and Volume Forecast by Type
5.3.1. On-site Solvent Recovery Equipment
5.3.2. Off-site Solvent Recovery Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solvent Recovery Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solvent Recovery Equipment Market Size and Volume Forecast by Application
6.3.1. Printing Industry
6.3.2. Painting & Coating
6.3.3. Oil & Chemical
6.3.4. Pharmaceuticals
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solvent Recovery Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solvent Recovery Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solvent Recovery Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solvent Recovery Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solvent Recovery Equipment Demand Share Forecast, 2019-2026
9. North America Solvent Recovery Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solvent Recovery Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solvent Recovery Equipment Market Size and Volume Forecast by Application
9.4.1. Printing Industry
9.4.2. Painting & Coating
9.4.3. Oil & Chemical
9.4.4. Pharmaceuticals
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solvent Recovery Equipment Market Size and Volume Forecast by Type
9.7.1. On-site Solvent Recovery Equipment
9.7.2. Off-site Solvent Recovery Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solvent Recovery Equipment Demand Share Forecast, 2019-2026
10. Latin America Solvent Recovery Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solvent Recovery Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solvent Recovery Equipment Market Size and Volume Forecast by Application
10.4.1. Printing Industry
10.4.2. Painting & Coating
10.4.3. Oil & Chemical
10.4.4. Pharmaceuticals
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solvent Recovery Equipment Market Size and Volume Forecast by Type
10.7.1. On-site Solvent Recovery Equipment
10.7.2. Off-site Solvent Recovery Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solvent Recovery Equipment Demand Share Forecast, 2019-2026
11. Europe Solvent Recovery Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solvent Recovery Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solvent Recovery Equipment Market Size and Volume Forecast by Application
11.4.1. Printing Industry
11.4.2. Painting & Coating
11.4.3. Oil & Chemical
11.4.4. Pharmaceuticals
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solvent Recovery Equipment Market Size and Volume Forecast by Type
11.7.1. On-site Solvent Recovery Equipment
11.7.2. Off-site Solvent Recovery Equipment
11.8. Bsis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solvent Recovery Equipment Demand Share, 2019-2026
12. Asia Pacific Solvent Recovery Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solvent Recovery Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solvent Recovery Equipment Market Size and Volume Forecast by Application
12.4.1. Printing Industry
12.4.2. Painting & Coating
12.4.3. Oil & Chemical
12.4.4. Pharmaceuticals
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solvent Recovery Equipment Market Size and Volume Forecast by Type
12.7.1. On-site Solvent Recovery Equipment
12.7.2. Off-site Solvent Recovery Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solvent Recovery Equipment Demand Share, 2019-2026
13. Middle East & Africa Solvent Recovery Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solvent Recovery Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solvent Recovery Equipment Market Size and Volume Forecast by Application
13.4.1. Printing Industry
13.4.2. Painting & Coating
13.4.3. Oil & Chemical
13.4.4. Pharmaceuticals
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solvent Recovery Equipment Market Size and Volume Forecast by Type
13.7.1. On-site Solvent Recovery Equipment
13.7.2. Off-site Solvent Recovery Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solvent Recovery Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solvent Recovery Equipment Market: Market Share Analysis
14.2. Solvent Recovery Equipment Distributors and Customers
14.3. Solvent Recovery Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dürr MEGTEC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OFRU Recycling
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sulzer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Progressive Recovery, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spooner AMCEC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HongYi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Maratek Environmental
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CMI Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wintek Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CBG Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KURIMOTO, LTD.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Oregon Environmental Systems (Rooba)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. KOBEX Co., Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. KIMURA CHEMICAL PLANTS
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Koch Modular Process Systems
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wiggens
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NexGen Enviro Systems
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. IST Pure
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Daetwyler Cleaning Technologies
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. EZG Manufacturing
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
