Press release
Solvent Recovery And Recycling Market Expected to Achieve 6.9% CAGR by 2029: Growth Forecast Insights
Solvent Recovery And Recycling Market
How Large Will the Solvent Recovery And Recycling Market Size By 2025?
The market size of solvent recovery and recycling has been on a consistent rise over recent years. It's projected that it will increase from $1.1 billion in 2024 to $1.17 billion in 2025, depicting a compound annual growth rate (CAGR) of 7.1%. The past growth can be credited to an escalating interest in environmental sustainability and strict regulations in place, elevated usage of solvents, greater public cognizance around the repercussions of solvent waste, an increasing importance placed on sustainable practices and economical manufacturing procedures, as well as a growing awareness regarding climate change.
How Big Is the Solvent Recovery And Recycling Market Size Expected to Grow by 2029?
The market size of solvent recovery and recycling is predicted to experience considerable expansion in the coming years, reaching $1.54 billion by 2029 and a compound annual growth rate (CAGR) of 7.0%. This expected rise in the forecast period can be linked to the increasing embrace of circular economy concepts, rapid industrial development, expansion in the chemical sector, heightened demand for eco-friendly solvents, and enhancement in strict waste management legislation. Key trends over the forecast period encompass advancements in solvent recovery technologies, escalating initiatives favoring eco-friendly practices, the creation and use of green and bio-derived solvents, the implementation of temperature-swing molecular imprinting technology, and the increasing shift towards sustainable solvent recovery and recycling alternatives.
View the full report here:
https://www.thebusinessresearchcompany.com/report/solvent-recovery-and-recycling-global-market-report
Which Key Market Drivers Powering Solvent Recovery And Recycling Market Expansion and Growth?
The increased consciousness about environmental concerns is poised to stimulate the progression of the solvent recovery and recycling market. This enhanced cognizance is primarily due to increased media exposure, education, and advocacy, leading to heightened public worry and comprehension. The solvent recovery and recycling domain counters environmental complications by reducing dangerous waste, diminishing the utilization of virgin resources, and decreasing greenhouse gas discharges. This eco-friendly approach overlaps with regulatory stipulations and facilitates a circular economy, advocating for accountable handling of chemicals while lessening their environmental repercussions. For instance, as reported by the Office for National Statistics, a UK government agency, in July 2023, in Great Britain, 86.5% of adults have adapted their lifestyles to address environmental matters, with 73.6% enacting some alterations, and 12.8% undertaking significant modifications. Hence, this escalating consciousness related to environmental concerns is fuelling the expansion of the solvent recovery and recycling market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19197&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Solvent Recovery And Recycling Market?
Leading companies in the solvent recovery and recycling market are aiming to create innovative solutions such as on-site solvent recycling systems to decrease waste production and reduce operational expenses. These systems facilitate the collection, purification, and reutilization of solvents in industrial procedures, thereby reducing the requirement for new solvents, decreasing the cost of hazardous waste disposal, and promoting environmental sustainability. For example, Unified Technologies, a technology company based in the US, introduced the SR Series of batch-type solvent recyclers in July 2022. The product line consists of SR30 solvent recyclers, larger batch solvent recyclers, and continuous flow solvent recyclers, all providing an economical method for recycling solvents and hazardous chemicals from industrial processes. Constructed with durable and rust-free stainless steel tanks, these systems are engineered to necessitate minimal upkeep, requiring only a simple 4-hour maintenance routine every 2,000 hours. The SR Series recyclers, controlled via a fully automated PLC system with preset parameters and alarm signals, can undertake a complete distillation cycle every six hours. Available in assorted tank capacities, these recyclers often offer a rapid ROI, typically within 4 to 12 months of utilization.
What Are the Emerging Segments in the Solvent Recovery And Recycling Market?
The solvent recovery and recyclingmarket covered in this report is segmented -
1) By Type: On-Site Solvent Recycling, Off-Site Solvent Recycling
2) By Technology: Distillation, Adsorption, Crystallization, Membrane Separation, Other Technologies
3) By Solvent Type: Alcohols, Amides, Esters, ket*ones, Aromatic Solvents, Chlorinated Solvents, Other Solvent Types
4) By End-Use Industry: Paints And Coatings, Printing, Chemicals, Electronics, Pharmaceuticals, Other End-Use Industries
Subsegments:
1) By On-Site Solvent Recycling: Distillation Units, Membrane Technology, Filtration Systems
2) By Off-Site Solvent Recycling: Centralized Recycling Facilities, Transport And Collection Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=19197&type=smp
Who Are the Global Leaders in the Solvent Recovery And Recycling Market?
Major companies operating in the solvent recovery and recycling market are Veolia Environnement SA, GFL Environmental Inc., CLEAN HARBORS INC., Indaver NV, Hydrite Chemical Co. Inc., Tradebe, Gage Products Company, Maratek Environmental, Progressive Recovery Inc., Altiras, OFRU Recycling GmbH & Co. KG, CBG Biotech Ltd., Solvent Waste Management Inc., CleanPlanet Chemical Inc., CYCLESOLV LLC, Refine Americas Inc., Polaris Srl, Rufouz Hitek Engineers Pvt. Ltd., ECOVE Solvent Recycling Corporation, Banashankari Chemicals Pvt.Ltd., Tidychem Recycling Pte Ltd.
Which are the Top Profitable Regional Markets for the Solvent Recovery And Recycling Industry?
North America was the largest region in the solvent recovery and recycling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solvent recovery and recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19197
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solvent Recovery And Recycling Market Expected to Achieve 6.9% CAGR by 2029: Growth Forecast Insights here
News-ID: 4147415 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Solvent
Advantages Of Solvent-Based Coatings In Humid Environments: Pivotal Factor Influ …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
Solvent Based Coatings Market Size Growth Forecast: What to Expect by 2025?_x000D_
In recent years, the market size for solvent-based coatings has seen a swift expansion. It is expected to increase from $45.94 billion in 2024 to about $50.82 billion in 2025, showcasing a compound annual growth rate (CAGR)…
Advantages Of Solvent-Based Coatings In Humid Environments: A Key Driver Powerin …
The Solvent Based Coatings Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]._x000D_
_x000D_
What Is the Current Solvent Based Coatings Market Size and Its Estimated Growth Rate?_x000D_
The solvent-based coatings market has grown rapidly in recent years. It is expected to increase from $45.94 billion in 2024…
Furfural Solvent Market: A Comprehensive Overview
The global market for furfural solvent has been experiencing notable growth, driven by its diverse industrial applications and sustainability advantages. Furfural, an organic compound derived from agricultural byproducts, primarily plays a significant role in the chemical industry as a solvent and intermediate. As industries continue to seek environmentally friendly alternatives to conventional solvents, the demand for furfural is expected to rise. In this post, we will explore the furfural solvent…
Laminating Adhesives Market, By Type (Solvent-Borne, Water-Borne, Solvent-Less, …
The laminating adhesives market is expected to witness market growth at a rate of 7.25% in the forecast period of 2022 to 2029. Data Bridge Market Research report on laminating adhesives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the pharmaceutical demand for tablets, pouches, and medical devices is escalating…
Global Solvent Naphtha Industry Professional 2019
The global Solvent Naphtha market is valued at 7200 million US$ in 2018 is expected to reach 10900 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on Solvent Naphtha volume and value at global level, regional level and company level. From a global perspective, this report represents overall Solvent Naphtha market size by analyzing historical data and future prospect. Regionally, this…
Global Hydrogen Peroxide Solvent Market 2019 | Solval, Evonic, Arkema, Peroxy Ch …
The global market status for Hydrogen Peroxide Solvent is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Hydrogen Peroxide Solvent Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Hydrogen Peroxide Solvent market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market…
