Solvent Recycling Market studies 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.
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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.
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.
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.
Global Solvent Recycling Market is spread across 124 pages, profiling 12 top companies and supported with tables and figures.
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.
The worldwide market for Solvent Recycling is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new study.
This report focuses on the Solvent Recycling in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Solvent Recycling Industry Segment by Manufacturers:
- Clean Planet Chemical
- Clean Harbors
- Nippon Refine
- Shinko Organic Chemical Industry
- Yang Linhong
- Maratek Environmental
- IST Pure
- CBG Technologies
- Quanzhou Tianlong
Market Segment by Type covers:
- On-site Solvent Recycling
- Off-site Solvent Recycling
Market Segment by Applications can be divided into:
- Printing Industry
- Painting & Coating Industry
- Oil & Chemical Industry
- Pharmaceuticals Industry
There are 15 Chapters to deeply display the Global Solvent Recycling Market.
Chapter 1: Describe Solvent Recycling Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of Solvent Recycling, with sales, revenue, and price of Solvent Recycling, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of Solvent Recycling, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven Solvent Recycling market forecast, by regions, type and application, with sales and revenue, from 2017 to 2024.
Chapter 13, 14 and 15: Describe Solvent Recycling sales channel, distributors, traders, dealers, appendix and data source.
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