Global VOC Recovery Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global VOC Recovery Equipment market size was valued at USD 461 million in 2023 and is forecast to a readjusted size of USD 694.5 million by 2030 with a CAGR of 6.0% during review period.
VOC recovery equipment is a device that is used to recover volatile organic compounds (VOCs) from waste gas streams. These devices are typically used in industries where VOC emissions are a concern, such as the printing, painting, and chemical manufacturing industries.
VOC recovery equipment is designed to capture and concentrate VOCs from the waste gas stream, allowing for their reuse or safe disposal. The equipment typically consists of a separation unit that separates the VOCs from the waste gas stream, and a recovery unit that concentrates and purifies the VOCs for reuse or disposal.
Market demand continues to grow: With the improvement of environmental protection requirements and the tightening of restrictions on volatile organic compound emissions, the market demand for volatile organic compound recovery equipment will continue to grow. Especially in petrochemical, packaging and printing, surface coating and other fields, the demand for volatile organic compound treatment facilities will further increase.
Technological innovation drives market development: With the continuous advancement of science and technology, the technical level of volatile organic compounds recovery equipment will continue to improve, and the performance and efficiency of the equipment will also be improved. This will further promote the development of the volatile organic compounds recovery equipment market.
The competitive landscape is intensifying: As market demand grows and technology levels improve, more and more companies will enter the volatile organic compounds recovery equipment market, and competition will become more intense. Enterprises need to continuously improve their technical level and innovation capabilities to gain advantages in competition.
Increased policy support: The government's support for the environmental protection industry will be further increased, which will provide more policy support and market opportunities for the volatile organic compounds recycling equipment market.
Unbalanced regional market development: There may be regional imbalances in the development of the global volatile organic compounds recovery equipment market. The volatile organic compounds recovery equipment market size and development rate in some regions may exceed that in other regions.
The Global Info Research report includes an overview of the development of the VOC Recovery Equipment industry chain, the market status of Oil Terminals (Flowrate below 10000m3/h, Flowrate from 10000m3/h to 100000m3/h), Storage Facilities (Flowrate below 10000m3/h, Flowrate from 10000m3/h to 100000m3/h), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of VOC Recovery Equipment.
Regionally, the report analyzes the VOC Recovery Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global VOC Recovery Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the VOC Recovery Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the VOC Recovery Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Flowrate below 10000m3/h, Flowrate from 10000m3/h to 100000m3/h).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the VOC Recovery Equipment market.
Regional Analysis: The report involves examining the VOC Recovery Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the VOC Recovery Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to VOC Recovery Equipment:
Company Analysis: Report covers individual VOC Recovery Equipment manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards VOC Recovery Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil Terminals, Storage Facilities).
Technology Analysis: Report covers specific technologies relevant to VOC Recovery Equipment. It assesses the current state, advancements, and potential future developments in VOC Recovery Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the VOC Recovery Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
VOC Recovery Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Flowrate below 10000m3/h
Flowrate from 10000m3/h to 100000m3/h
Flowrate above 100000m3/h
Market segment by Application
Oil Terminals
Storage Facilities
Others
Major players covered
Wärtsilä
Linde Gas
JFE Engineering Corporation
NEGISHI MFG.CO.,LTD
Air Products
VOCZero Ltd.
Praxair
Cosmo Engineering Co.,Ltd.
Liranco
Toyobo Co., Ltd.
NAGASE Exhaust Solutions
GARO Engineered Solutions
APC Technologies, Inc.
John Cockerill
Bay Environmental Technology
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe VOC Recovery Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of VOC Recovery Equipment, with price, sales, revenue and global market share of VOC Recovery Equipment from 2019 to 2024.
Chapter 3, the VOC Recovery Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the VOC Recovery Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and VOC Recovery Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of VOC Recovery Equipment.
Chapter 14 and 15, to describe VOC Recovery Equipment sales channel, distributors, customers, research findings and conclusion.