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 and United States VOC Recovery and Abatement Market
This report focuses on global and United States VOC Recovery and Abatement market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global VOC Recovery and Abatement market size is estimated to be worth US$ 8128.2 million in 2022 and is forecast to a readjusted size of US$ 36680 million by 2028 with a CAGR of 28.6% during the review period. Fully considering the economic change by this health crisis, by Type, Regenerative Thermal Oxidation accounting for % of the VOC Recovery and Abatement global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Petroleum and Petrochemical was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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%.
Global VOC Recovery and Abatement Scope and Market Size
VOC Recovery and Abatement market is segmented by region (country), players, 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 region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the VOC Recovery and Abatement market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
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 Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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