Volatile Organic Compounds (VOCs), as important precursors of ozone and PM2.5, are among the major contributors to current regional composite air pollution. VOCs and the secondary pollutants they form have a negative impact on human health, and some VOCs are also genotoxic and carcinogenic.
The largest investment market segment is “using industries that use VOCs products” (such as textile printing and dyeing, printing, furniture manufacturing, architectural decoration, etc.), including: end-of-line treatment, process improvement and raw material replacement in the printing and coatings industries. Use water-based paints, environmentally friendly inks, environmentally friendly adhesives, etc.).
Market Analysis and Insights: Global VOC Recovery and Abatement Market
The global VOC Recovery and Abatement market size is projected to reach US$ 36680 million by 2028, from US$ 6113.1 million in 2021, at a CAGR of 28.6% during 2022-2028.
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 five players occupy for a share about 41%. 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 31%. In terms of application, Petroleum and Petrochemical is the largest market, with a share over 24%.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global VOC Recovery and Abatement market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global VOC Recovery and Abatement market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global VOC Recovery and Abatement market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global VOC Recovery and Abatement market.
Global VOC Recovery and Abatement Scope and Market Size
VOC Recovery and Abatement market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global VOC Recovery and Abatement market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Regenerative Thermal Oxidation
Recuperative Thermal Oxidation
Catalytic Oxidation
Adsorption by Activated Carbon
Cryocondensation
Others
Segment by Application
Petroleum and Petrochemical
Packaging and Printing
Pharmaceuticals
Food
Plastic and Rubber
Iron and Steel
Coatings and Inks
Other
By Company
Air Products
Linde pl (Praxair)
Wärtsilä
Munters
TOYOBO
Taikisha
Nippon Gases
Calgon Carbon Corporation
Condorchem Envitech
Gulf Coast Environmental Systems
Anguil
ComEnCo Systems
POLARIS SRL
Bay Environmental Technology
KVT Process Technology
CECO Environmental
SINOPEC Qingdao Safety Engineering
Naide
ECOTEC
Beijing CEC Environmental Engineering
WELLE Environmental Group
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA