Press release
VOC Recovery and Abatement Market Set to Surge - Key Insights You Must Know
VOC Recovery and Abatement Market SizeThe global VOC Recovery and Abatement revenue was US$ 10690 million in 2022 and is forecast to a readjusted size of US$ 51660 million by 2029 with a CAGR of 24.5% during the review period (2023-2029).
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Global key players of VOC recovery and abatement include Air Products, Linde pl (Praxair), Wärtsilä, Munters, TOYOBO, Taikisha, Nippon Gases, Calgon Carbon Corporation and Condorchem Envitech, etc. Top 5 players occupy for a share about 40%. Asia-Pacific is the largest market, with a share about 52%, followed by Europe and North America. In terms of product, adsorption by activated carbon is the largest segment, with a share over 30%. In terms of application, petroleum and petrochemical is the largest market, with a share over 24%.
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By Type
• Regenerative Thermal Oxidation
• Recuperative Thermal Oxidation
• Catalytic Oxidation
• Adsorption by Activated Carbon
• Cryocondensation
By Application
• Petroleum and Petrochemical
• Packaging and Printing
• Pharmaceuticals
• Food
• Plastic and Rubber
• Iron and Steel
• Coatings and Inks
Key Companies
Air Products, Linde(Praxair), Wärtsilä, Munters, TOYOBO, Taikisha, Nippon Gases, Calgon Carbon Corporation, Condorchem Envitech, Conifer Systems, Anguil, ComEnCo Systems, Polaris, Bay Environmental Technology, KVT Process Technology, CECO Environmental, SINOPEC Qingdao Safety Engineering, Naide, ECOTEC, Sinochem Environment Air Pollution Control, WELLE Environmental Group
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