VOC Recovery and Abatement Market Research Report: Latest Growth Rate at a CAGR of 24.5% with Trends, Sales & Revenue 2023-2029 | Air Products, Linde(Praxair), Nippon Gases

Los Angeles, (United States) - The 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). It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.

Get a Free Sample PDF Brochure: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.qyresearch.com/sample/444878

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.).

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%.

Market Overview: VOC Recovery and Abatement

The VOC Recovery and Abatement industry is a vast and diverse sector that plays a critical role in various other industries, including manufacturing, construction, pharmaceuticals, automotive, and consumer goods. It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The VOC Recovery and Abatement market is one of the largest and fastest-growing industries globally. Its growth is driven by factors such as increasing population, urbanization, industrialization, and technological advancements.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report. The report focuses on the operation and their competitive landscape present within the market. Identification of numerous key players of the market will help the reader perceive the ways and collaborations that players will need to understand the competition within the global VOC Recovery and Abatement market.

The Following Manufacturers Are Covered In This Report:-

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

VOC Recovery and Abatement Market Segmentation Analyses: -

Our market analysts are experts in deeply segmenting the global VOC Recovery and Abatement market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global VOC Recovery and Abatement market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global VOC Recovery and Abatement market and plan powerful business tactics to secure a position of strength in the industry.

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
Others

Market Trends and Drivers:-

This section will focus on the latest trends and drivers shaping the VOC Recovery and Abatement industry. Some of the trends may include the adoption of sustainable practices, increased demand for bio-based materials, digitalization of chemical manufacturing processes, and the rise of green chemistry. Additionally, we will identify key drivers, such as rising consumer demand, rapid industrialization in emerging economies, and advancements in material science.

Challenges and Restraints:-

Despite its growth potential, the VOC Recovery and Abatement industry faces several challenges and restraints. This section will discuss issues like stringent environmental regulations, volatility in raw material prices, and the need to address safety concerns. We will also analyze the impact of these challenges on the market and potential mitigation strategies.

Emerging Opportunities:-

This section will explore potential growth opportunities and untapped markets within the VOC Recovery and Abatement industry. These opportunities may arise from technological advancements, shifting consumer preferences, or evolving regulatory landscapes. We will also highlight the prospects for innovation and research & development in the industry.

Future Outlook: -

The VOC Recovery and Abatement industry is projected to witness steady growth in the coming years, driven by advancements in technology, expanding applications, and increasing investments in R&D. Emerging VOC Recovery and Abatement markets in Asia-Pacific and Latin America are expected to offer significant growth opportunities.

Report on the Global VOC Recovery and Abatement Market: The Cumulative Impact of High Inflation

The worldwide VOC Recovery and Abatement market research examines the cumulative impact of excessive inflation on the market. The impact of inflation, a crucial economic element, on consumer purchasing power and corporate profitability cannot be understated. The research study analyses how the VOC Recovery and Abatement industry and its various sectors may be impacted by rising inflation rates. It assesses the challenges and possibilities that inflation may present and makes recommendations to mitigate its effects. The study looks at the pricing strategies used by big corporations to fend off inflationary pressures and maintain their market share. Recognizing the overall effects of high inflation can help companies and investors come up with strategies to navigate through tough economic times and ensure sustainable growth in the VOC Recovery and Abatement market.

Request for Customization Report @ https://www.qyresearch.com/customize/444878

Regional Insights

Asia-Pacific: The Asia-Pacific region dominates the VOC Recovery and Abatement market, driven by rapid industrialization in countries like China and India. The region benefits from low-cost labor, favourable government policies, and rising consumer demand.

North America: The North American VOC Recovery and Abatement market is characterized by technological advancements, a focus on sustainability, and the presence of key players. The United States leads in chemical production, with a strong emphasis on research and development.

Europe: Europe has a mature VOC Recovery and Abatement industry, with a focus on eco-friendly and sustainable practices. The region's stringent regulations drive innovation in green chemistry and bio-based materials.

Latin America and Middle East/Africa: These regions offer significant growth opportunities due to expanding industrial sectors, favorable investment policies, and increasing consumer demand.

Table of Content

1 Study Coverage
1.1 VOC Recovery and Abatement Product Introduction
1.2 Global VOC Recovery and Abatement Outlook 2018 VS 2022 VS 2029
1.2.1 Global VOC Recovery and Abatement Market Size for the Year 2018-2029
1.2.2 United States VOC Recovery and Abatement Market Size for the Year 2018-2029
1.3 VOC Recovery and Abatement Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.3.1 The Market Share of United States VOC Recovery and Abatement in Global, 2018 VS 2022 VS 2029
1.3.2 The Growth Rate of VOC Recovery and Abatement Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.4 VOC Recovery and Abatement Market Dynamics
1.4.1 VOC Recovery and Abatement Industry Trends
1.4.2 VOC Recovery and Abatement Market Drivers
1.4.3 VOC Recovery and Abatement Market Challenges
1.4.4 VOC Recovery and Abatement Market Restraints
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered

2 VOC Recovery and Abatement by Type
2.1 VOC Recovery and Abatement Market Segment by Type
2.1.1 Regenerative Thermal Oxidation
2.1.2 Recuperative Thermal Oxidation
2.1.3 Catalytic Oxidation
2.1.4 Adsorption by Activated Carbon
2.1.5 Cryocondensation
2.1.6 Others
2.2 Global VOC Recovery and Abatement Market Size by Type (2018, 2022 & 2029)
2.3 Global VOC Recovery and Abatement Market Size by Type (2018-2029)
2.4 United States VOC Recovery and Abatement Market Size by Type (2018, 2022 & 2029)
2.5 United States VOC Recovery and Abatement Market Size by Type (2018-2029)

3 VOC Recovery and Abatement by Application
3.1 VOC Recovery and Abatement Market Segment by Application
3.1.1 Petroleum and Petrochemical
3.1.2 Packaging and Printing
3.1.3 Pharmaceuticals
3.1.4 Food
3.1.5 Plastic and Rubber
3.1.6 Iron and Steel
3.1.7 Coatings and Inks
3.1.8 Others
3.2 Global VOC Recovery and Abatement Market Size by Application (2018, 2022 & 2029)
3.3 Global VOC Recovery and Abatement Market Size by Application (2018-2029)
3.4 United States VOC Recovery and Abatement Market Size by Application (2018, 2022 & 2029)
3.5 United States VOC Recovery and Abatement Market Size by Application (2018-2029)

4 Global VOC Recovery and Abatement Competitor Landscape by Company
4.1 Global VOC Recovery and Abatement Market Size by Company
4.1.1 Global Key Companies of VOC Recovery and Abatement, Ranked by Revenue (2022)
4.1.2 Global VOC Recovery and Abatement Revenue by Player (2018-2023)
4.2 Global VOC Recovery and Abatement Concentration Ratio (CR)
4.2.1 VOC Recovery and Abatement Market Concentration Ratio (CR) (2018-2023)
4.2.2 Global Top 5 and Top 10 Largest Companies of VOC Recovery and Abatement in 2022
4.2.3 Global VOC Recovery and Abatement Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Players of VOC Recovery and Abatement Head office and Area Served
4.4 Global Key Players of VOC Recovery and Abatement, Product and Application
4.5 Global Key Players of VOC Recovery and Abatement, Date of Enter into This Industry
4.6 Companies Mergers & Acquisitions, Expansion Plans
4.7 United States VOC Recovery and Abatement Market Size by Company
4.7.1 Key Players of VOC Recovery and Abatement in United States, Ranked by Revenue (2022)
4.7.2 United States VOC Recovery and Abatement Revenue by Players (2021, 2022 & 2023)

5 Global VOC Recovery and Abatement Market Size by Region
5.1 Global VOC Recovery and Abatement Market Size by Region: 2018 VS 2022 VS 2029
5.2 Global VOC Recovery and Abatement Market Size by Region (2018-2029)
5.2.1 Global VOC Recovery and Abatement Market Size by Region: 2018-2023
5.2.2 Global VOC Recovery and Abatement Market Size by Region (2024-2029)

6 Americas
6.1 Americas VOC Recovery and Abatement Market Size YoY Growth 2018-2029
6.2 Americas VOC Recovery and Abatement Market Size by Type
6.2.1 Americas VOC Recovery and Abatement Market Size by Type (2018-2023)
6.2.2 Americas VOC Recovery and Abatement Market Size by Type (2024-2029)
6.2.3 Americas VOC Recovery and Abatement Market Share by Type (2018-2029)
6.3 Americas VOC Recovery and Abatement Market Size by Application
6.3.1 Americas VOC Recovery and Abatement Market Size by Application (2018-2023)
6.3.2 Americas VOC Recovery and Abatement Market Size by Application (2024-2029)
6.3.3 Americas VOC Recovery and Abatement Market Share by Application (2018-2029)
6.4 Americas VOC Recovery and Abatement Market Facts & Figures by Country (2018, 2022 & 2029)
6.4.1 United States
6.4.2 Canada
6.4.3 Mexico
6.4.4 Brazil

7 EMEA
7.1 EMEA VOC Recovery and Abatement Market Size YoY Growth 2018-2029
7.2 EMEA VOC Recovery and Abatement Market Size by Type
7.2.1 EMEA VOC Recovery and Abatement Market Size by Type (2018-2023)
7.2.2 EMEA VOC Recovery and Abatement Market Size by Type (2024-2029)
7.2.3 EMEA VOC Recovery and Abatement Market Share by Type (2018-2029)
7.3 EMEA VOC Recovery and Abatement Market Size by Application
7.3.1 EMEA VOC Recovery and Abatement Market Size by Application (2018-2023)
7.3.2 EMEA VOC Recovery and Abatement Market Size by Application (2024-2029)
7.3.3 EMEA VOC Recovery and Abatement Market Share by Application (2018-2029)
7.4 EMEA VOC Recovery and Abatement Market Facts & Figures by Country (2018, 2022 & 2029)
7.4.1 Europe
7.4.2 Middle East
7.4.3 Africa

8 China
8.1 China VOC Recovery and Abatement Market Size YoY Growth 2018-2029
8.2 China VOC Recovery and Abatement Market Size by Type
8.2.1 China VOC Recovery and Abatement Market Size by Type (2018-2023)
8.2.2 China VOC Recovery and Abatement Market Size by Type (2024-2029)
8.2.3 China VOC Recovery and Abatement Market Share by Type (2018-2029)
8.3 China VOC Recovery and Abatement Market Size by Application
8.3.1 China VOC Recovery and Abatement Market Size by Application (2018-2023)
8.3.2 China VOC Recovery and Abatement Market Size by Application (2024-2029)
8.3.3 China VOC Recovery and Abatement Market Share by Application (2018-2029)

9 APAC (excluding China)
9.1 APAC VOC Recovery and Abatement Market Size YoY Growth 2018-2029
9.2 APAC VOC Recovery and Abatement Market Size by Type
9.2.1 APAC VOC Recovery and Abatement Market Size by Type (2018-2023)
9.2.2 APAC VOC Recovery and Abatement Market Size by Type (2024-2029)
9.2.3 APAC VOC Recovery and Abatement Market Share by Type (2018-2029)
9.3 APAC VOC Recovery and Abatement Market Size by Application
9.3.1 APAC VOC Recovery and Abatement Market Size by Application (2018-2023)
9.3.2 APAC VOC Recovery and Abatement Market Size by Application (2024-2029)
9.3.3 APAC VOC Recovery and Abatement Market Share by Application (2018-2029)
9.4 APAC VOC Recovery and Abatement Market Facts & Figures by Country (2018, 2022 & 2029)
9.4.1 Japan
9.4.2 South Korea
9.4.3 China Taiwan
9.4.4 Southeast Asia
9.4.5 India

10 Key Players Profiles
10.1 Air Products
10.1.1 Air Products Company Details
10.1.2 Air Products Business Overview
10.1.3 Air Products VOC Recovery and Abatement Introduction
10.1.4 Air Products Revenue in VOC Recovery and Abatement Business (2018-2023)
10.1.5 Air Products Recent Development
10.2 Linde(Praxair)
10.2.1 Linde(Praxair) Company Details
10.2.2 Linde(Praxair) Business Overview
10.2.3 Linde(Praxair) VOC Recovery and Abatement Introduction
10.2.4 Linde(Praxair) Revenue in VOC Recovery and Abatement Business (2018-2023)
10.2.5 Linde(Praxair) Recent Development
10.3 Wärtsilä
10.3.1 Wärtsilä Company Details
10.3.2 Wärtsilä Business Overview
10.3.3 Wärtsilä VOC Recovery and Abatement Introduction
10.3.4 Wärtsilä Revenue in VOC Recovery and Abatement Business (2018-2023)
10.3.5 Wärtsilä Recent Development
10.4 Munters
10.4.1 Munters Company Details
10.4.2 Munters Business Overview
10.4.3 Munters VOC Recovery and Abatement Introduction
10.4.4 Munters Revenue in VOC Recovery and Abatement Business (2018-2023)
10.4.5 Munters Recent Development
10.5 TOYOBO
10.5.1 TOYOBO Company Details
10.5.2 TOYOBO Business Overview
10.5.3 TOYOBO VOC Recovery and Abatement Introduction
10.5.4 TOYOBO Revenue in VOC Recovery and Abatement Business (2018-2023)
10.5.5 TOYOBO Recent Development
10.6 Taikisha
10.6.1 Taikisha Company Details
10.6.2 Taikisha Business Overview
10.6.3 Taikisha VOC Recovery and Abatement Introduction
10.6.4 Taikisha Revenue in VOC Recovery and Abatement Business (2018-2023)
10.6.5 Taikisha Recent Development
10.7 Nippon Gases
10.7.1 Nippon Gases Company Details
10.7.2 Nippon Gases Business Overview
10.7.3 Nippon Gases VOC Recovery and Abatement Introduction
10.7.4 Nippon Gases Revenue in VOC Recovery and Abatement Business (2018-2023)
10.7.5 Nippon Gases Recent Development
10.8 Calgon Carbon Corporation
10.8.1 Calgon Carbon Corporation Company Details
10.8.2 Calgon Carbon Corporation Business Overview
10.8.3 Calgon Carbon Corporation VOC Recovery and Abatement Introduction
10.8.4 Calgon Carbon Corporation Revenue in VOC Recovery and Abatement Business (2018-2023)
10.8.5 Calgon Carbon Corporation Recent Development
10.9 Condorchem Envitech
10.9.1 Condorchem Envitech Company Details
10.9.2 Condorchem Envitech Business Overview
10.9.3 Condorchem Envitech VOC Recovery and Abatement Introduction
10.9.4 Condorchem Envitech Revenue in VOC Recovery and Abatement Business (2018-2023)
10.9.5 Condorchem Envitech Recent Development
10.10 Conifer Systems
10.10.1 Conifer Systems Company Details
10.10.2 Conifer Systems Business Overview
10.10.3 Conifer Systems VOC Recovery and Abatement Introduction
10.10.4 Conifer Systems Revenue in VOC Recovery and Abatement Business (2018-2023)
10.10.5 Conifer Systems Recent Development
10.11 Anguil
10.11.1 Anguil Company Details
10.11.2 Anguil Business Overview
10.11.3 Anguil VOC Recovery and Abatement Introduction
10.11.4 Anguil Revenue in VOC Recovery and Abatement Business (2018-2023)
10.11.5 Anguil Recent Development
10.12 ComEnCo Systems
10.12.1 ComEnCo Systems Company Details
10.12.2 ComEnCo Systems Business Overview
10.12.3 ComEnCo Systems VOC Recovery and Abatement Introduction
10.12.4 ComEnCo Systems Revenue in VOC Recovery and Abatement Business (2018-2023)
10.12.5 ComEnCo Systems Recent Development
10.13 Polaris
10.13.1 Polaris Company Details
10.13.2 Polaris Business Overview
10.13.3 Polaris VOC Recovery and Abatement Introduction
10.13.4 Polaris Revenue in VOC Recovery and Abatement Business (2018-2023)
10.13.5 Polaris Recent Development
10.14 Bay Environmental Technology
10.14.1 Bay Environmental Technology Company Details
10.14.2 Bay Environmental Technology Business Overview
10.14.3 Bay Environmental Technology VOC Recovery and Abatement Introduction
10.14.4 Bay Environmental Technology Revenue in VOC Recovery and Abatement Business (2018-2023)
10.14.5 Bay Environmental Technology Recent Development
10.15 KVT Process Technology
10.15.1 KVT Process Technology Company Details
10.15.2 KVT Process Technology Business Overview
10.15.3 KVT Process Technology VOC Recovery and Abatement Introduction
10.15.4 KVT Process Technology Revenue in VOC Recovery and Abatement Business (2018-2023)
10.15.5 KVT Process Technology Recent Development
10.16 CECO Environmental
10.16.1 CECO Environmental Company Details
10.16.2 CECO Environmental Business Overview
10.16.3 CECO Environmental VOC Recovery and Abatement Introduction
10.16.4 CECO Environmental Revenue in VOC Recovery and Abatement Business (2018-2023)
10.16.5 CECO Environmental Recent Development
10.17 SINOPEC Qingdao Safety Engineering
10.17.1 SINOPEC Qingdao Safety Engineering Company Details
10.17.2 SINOPEC Qingdao Safety Engineering Business Overview
10.17.3 SINOPEC Qingdao Safety Engineering VOC Recovery and Abatement Introduction
10.17.4 SINOPEC Qingdao Safety Engineering Revenue in VOC Recovery and Abatement Business (2018-2023)
10.17.5 SINOPEC Qingdao Safety Engineering Recent Development
10.18 Naide
10.18.1 Naide Company Details
10.18.2 Naide Business Overview
10.18.3 Naide VOC Recovery and Abatement Introduction
10.18.4 Naide Revenue in VOC Recovery and Abatement Business (2018-2023)
10.18.5 Naide Recent Development
10.19 ECOTEC
10.19.1 ECOTEC Company Details
10.19.2 ECOTEC Business Overview
10.19.3 ECOTEC VOC Recovery and Abatement Introduction
10.19.4 ECOTEC Revenue in VOC Recovery and Abatement Business (2018-2023)
10.19.5 ECOTEC Recent Development
10.20 Sinochem Environment Air Pollution Control
10.20.1 Sinochem Environment Air Pollution Control Company Details
10.20.2 Sinochem Environment Air Pollution Control Business Overview
10.20.3 Sinochem Environment Air Pollution Control VOC Recovery and Abatement Introduction
10.20.4 Sinochem Environment Air Pollution Control Revenue in VOC Recovery and Abatement Business (2018-2023)
10.20.5 Sinochem Environment Air Pollution Control Recent Development
10.21 WELLE Environmental Group
10.21.1 WELLE Environmental Group Company Details
10.21.2 WELLE Environmental Group Business Overview
10.21.3 WELLE Environmental Group VOC Recovery and Abatement Introduction
10.21.4 WELLE Environmental Group Revenue in VOC Recovery and Abatement Business (2018-2023)
10.21.5 WELLE Environmental Group Recent Development

11 Research Findings and Conclusion

12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.2 Data Source
12.2 Disclaimer
12.3 Author Details

Contact Us:
QY Research, INC.
17890 Castleton, Suite 369,
Los Angeles, CA - 91748
USA: +1 626 539 9760
India: +91 9766 478 224
Emails - enquiry@qyresearch.com
Web - www.qyresearch.com

About Us:

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc.), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

This release was published on openPR.