Rapid Advancements In Global Solvent Recycling Market By Type - On-site Solvent Recycling and Off-site Solvent Recycling
This report researches the worldwide Solvent Recycling market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Solvent Recycling breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Solvent recycling is the process of taking used, dirty solvents and cleaning them until the solvent is returned to its pure form or to any acceptable specification. Used solvents are placed in a solvent recycler and put through a process that fractionates and distills them from the chemicals that made them dirty those introduced to create a reaction with the solvent. Aside from the positive environmental impact from solvent recycling, a key benefit is cost reduction. Companies dont need to buy the same amount of solvent, because it can be recycled, and disposal fees are greatly reduced with less of the dirty solvent discarded. This can be true for any segment of industry that uses solvents, including laboratories, auto body shops, paint shops and paint contractors.
In the solvent recycling market, there are three types of vendors. Some companies like Clean Planet Chemical, can offer recycling technology and provide recycling service, and customers are charged for the recycled solvent. The other type is that companies like IST Pure, mainly take selling solvent recycling machines as their key business. The third type is that companies like Maratek Environmental can both provide service and sell machines.
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Solvent recycling market has two types: "providing solvent recycling service" and "selling solvent recycling equipment". According to that, there are three types of vendors. Some companies like Clean Planet Chemical, can offer recycling technology and provide recycling service, and customers are charged for the recycled solvent. The other type is that companies like IST Pure, mainly take selling solvent recycling machines as their key business. The third type is that companies like Maratek Environmental can both provide service and sell machines.
On the other hand, the global solvent recycling equipment market was valued about 943.97 million USD in 2016, and is estimated to be worth 1075.02 million USD in 2022. The industry concentration of solvent recycling equipment market is relatively low. Maratek Environmental, IST Pure, CBG Technologies and Quanzhou Tianlong are the key players of the equipment market, with the total sales revenue share of 10.36% in 2016.
North America and Europe are the dominator of solvent recycling service and equipment market, and is estimated to maintain their leading positions in the next few years. In terms revenue, North America occupied about 45.19% share in service market and 33.30% share in equipment market, while Europe occupied about 34.43% share in service market and 31.40% share in equipment market.
Global Solvent Recycling market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Solvent Recycling.
This report focuses on the top manufacturers' Solvent Recycling capacity, production, value, price and market share of Solvent Recycling in global market. The following manufacturers are covered in this report:
Clean Planet Chemical
Shinko Organic Chemical Industry
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Solvent Recycling Breakdown Data by Type
On-site Solvent Recycling
Off-site Solvent Recycling
Solvent Recycling Breakdown Data by Application
Painting & Coating Industry
Oil & Chemical Industry
Solvent Recycling Production Breakdown Data by Region
Solvent Recycling Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Solvent Recycling capacity, production, value, consumption, status and forecast;
To focus on the key Solvent Recycling manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Solvent Recycling :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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