Market Overview:
The global solvent recycling technology market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solvents from various end-use industries, such as chemical, pharmaceutical, and others. In addition, the growing awareness about environmental protection is also propelling the growth of this market. On-site solvent recycling is expected to dominate the global solvent recycling technology market during the forecast period. This can be attributed to its advantages over off-site solvent recycling such as lower transportation and installation costs, reduced environmental impact, and shorter turnaround time for recycled solvents.
Product Definition:
The most common usage of solvent recycling technology is to recycle solvents from waste products. Recycling the solvents allows for them to be reused in manufacturing, which reduces environmental impact and lowers costs.
On-site Solvent Recycling:
On-site solvent recycling is a process of collecting used solvents and transporting them to an offsite facility for further processing. On-site solvent recycling technology has been around for more than two decades, but its growth factor in the global solvent recycling market has only recently begun to emerge.
Off-site Solvent Recycling:
Off-site solvent recycling is a process used to recover solvents from waste streams such as sludge, which is generated during the production of paints, coatings, and adhesives. Off-site solvent recycling technology market includes four major processes namely; reclamation (or treatment), recovery (or concentration), condensation & extraction and lastly delivery or disposal. The technologies are applied in industries including construction chemicals, automotive OEMs/ Aftermarket and niche applications including pharmaceuticals manufacturing.
Application Insights:
The other applications include food, cosmetics and beverages. The global demand for solvents in the food industry is expected to witness growth owing to its use in sauces, salad dressings, ketchup and various other products. In addition, increasing consumption of alcoholic drinks such as wine is anticipated to augment the market growth over the forecast period.
In terms of revenue, chemical emerged as the largest application segment with a share of 55.3% in 2017 owing to extensive usage of organic chemicals such as pesticides and herbicides for farming activities across all major economies globally.
Regional Analysis:
Asia Pacific is anticipated to witness the fastest growth over the forecast period. The region has been witnessing rapid urbanization and industrialization, which has led to an increase in production of end-use industries such as manufacturing, construction, and automotive. This is expected to drive market growth over the forecast period.
The Asia Pacific regional market accounted for a revenue share of 34% in 2017 owing to high product demand from various end-use industries including chemicals and pharmaceuticals across emerging countries such as China, India, Indonesia among others are expected to boost industry expansion over the next eight years (2018– 2030).
Europe solvent recycling technology market was valued at USD X billion in 2017 owing with growing environmental concerns regarding waste disposal along with stringent regulations by European Commission regarding chemical waste management practices have driven this industry growth since past few years resulting into high adoption rate of solvent recycling technologies across major economies including Germany; U.K.
Growth Factors:
- Increasing environmental awareness among consumers and businesses
- Stringent government regulations for waste management and recycling
- Rising prices of virgin raw materials used in solvent production
- Growing demand for sustainable and green products and processes
- Technological advancements that improve the efficiency of solvent recycling
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent Recycling Technology Market Research Report
By Type
On-site Solvent Recycling, Off-site Solvent Recycling
By Application
Chemical, Pharmaceutical, Others
By Companies
Clean Planet Chemical, IST Pure, Maratek Environmental, Veolia, CBG Technologies, CycleSolv, Tradebe
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Solvent Recycling Technology Market Report Segments:
The global Solvent Recycling Technology market is segmented on the basis of:
Types
On-site Solvent Recycling, Off-site Solvent Recycling
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
Chemical, Pharmaceutical, 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:
- Clean Planet Chemical
- IST Pure
- Maratek Environmental
- Veolia
- CBG Technologies
- CycleSolv
- Tradebe
Highlights of The Solvent Recycling Technology 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 Recycling
- Off-site Solvent Recycling
- By Application:
- Chemical
- Pharmaceutical
- 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 Recycling Technology 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 recycling technology is a process that uses solvents to break down and recycle waste materials. Solvent recycling can be used to recover valuable chemicals, oils, and other substances from waste products.
Some of the major companies in the solvent recycling technology market are Clean Planet Chemical, IST Pure, Maratek Environmental, Veolia, CBG Technologies, CycleSolv, Tradebe.
The solvent recycling technology market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solvent Recycling Technology 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 Recycling Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solvent Recycling Technology Market - Supply Chain
4.5. Global Solvent Recycling Technology Market Forecast
4.5.1. Solvent Recycling Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solvent Recycling Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solvent Recycling Technology Market Absolute $ Opportunity
5. Global Solvent Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Type
5.3.1. On-site Solvent Recycling
5.3.2. Off-site Solvent Recycling
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solvent Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Pharmaceutical
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology 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 Recycling Technology 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 Recycling Technology Demand Share Forecast, 2019-2026
9. North America Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Pharmaceutical
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solvent Recycling Technology Market Size and Volume Forecast by Type
9.7.1. On-site Solvent Recycling
9.7.2. Off-site Solvent Recycling
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 Recycling Technology Demand Share Forecast, 2019-2026
10. Latin America Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Pharmaceutical
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solvent Recycling Technology Market Size and Volume Forecast by Type
10.7.1. On-site Solvent Recycling
10.7.2. Off-site Solvent Recycling
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 Recycling Technology Demand Share Forecast, 2019-2026
11. Europe Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Pharmaceutical
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solvent Recycling Technology Market Size and Volume Forecast by Type
11.7.1. On-site Solvent Recycling
11.7.2. Off-site Solvent Recycling
11.8. Basis 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 Recycling Technology Demand Share, 2019-2026
12. Asia Pacific Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Pharmaceutical
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solvent Recycling Technology Market Size and Volume Forecast by Type
12.7.1. On-site Solvent Recycling
12.7.2. Off-site Solvent Recycling
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 Recycling Technology Demand Share, 2019-2026
13. Middle East & Africa Solvent Recycling Technology 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 Recycling Technology 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 Recycling Technology Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Pharmaceutical
13.4.3. 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 Recycling Technology Market Size and Volume Forecast by Type
13.7.1. On-site Solvent Recycling
13.7.2. Off-site Solvent Recycling
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 Recycling Technology Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solvent Recycling Technology Market: Market Share Analysis
14.2. Solvent Recycling Technology Distributors and Customers
14.3. Solvent Recycling Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clean Planet Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IST Pure
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maratek Environmental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Veolia
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CBG Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CycleSolv
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tradebe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook