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 don\'t 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.
The report offers detailed coverage of Solvent Recovery and Recycling industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Solvent Recovery and Recycling by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Solvent Recovery and Recycling market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Solvent Recovery and Recycling market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Veolia
Clean Planet Chemical
CycleSolv
Tradebe
Clean Harbors
Nippon Refine
Shinko Organic Chemical Industry
Yang Linhong
Maratek Environmental
IST Pure
CBG Technologies
Quanzhou Tianlong
At the same time, we classify Solvent Recovery and Recycling according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
On-site Solvent Recycling
Off-site Solvent Recycling
Market by Application
Printing Industry
Painting & Coating Industry
Oil & Chemical Industry
Pharmaceuticals Industry
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solvent Recovery and Recycling market for the forecast period 2021 - 2025?
• What are the driving forces in the Solvent Recovery and Recycling market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solvent Recovery and Recycling industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?