Global Closed Loop Extractors Market Growth 2023-2029

Global Closed Loop Extractors Market Growth 2023-2029

Closed loop extraction is a method used for extraction of cannabinoids like tetrahydrocannabinol (THC), cannabidiol (CBD), and terpenes from cannabis plant material. This extraction method occurs entirely within a closed vessel, so the hydrocarbon solvent used to extract cannabinoids never makes contact with the outside atmosphere – hence the name “closed loop extractor.”

LPI (LP Information)' newest research report, the “Closed Loop Extractors Industry Forecast” looks at past sales and reviews total world Closed Loop Extractors sales in 2022, providing a comprehensive analysis by region and market sector of projected Closed Loop Extractors sales for 2023 through 2029. With Closed Loop Extractors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Closed Loop Extractors industry.

This Insight Report provides a comprehensive analysis of the global Closed Loop Extractors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Closed Loop Extractors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Closed Loop Extractors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Closed Loop Extractors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Closed Loop Extractors.

The global Closed Loop Extractors market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Closed Loop Extractors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Closed Loop Extractors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Closed Loop Extractors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Closed Loop Extractors players cover Agrify, USALab, BHO Hardware, Tamisium, kinggreen extract, North Stills, BVV, Labfirst Scientific Instruments (Shanghai) and Wenzhou Sunthai Valve, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Closed Loop Extractors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rack Mounted Closed Loop Extractors
Top Fill Closed Loop Extractors
Bidirectional Flow Closed Loop Extractors

Segmentation by application
Industrial
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Agrify
USALab
BHO Hardware
Tamisium
kinggreen extract
North Stills
BVV
Labfirst Scientific Instruments (Shanghai)
Wenzhou Sunthai Valve
Zhengzhou Keda Machinery and Instrument Equipment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Closed Loop Extractors market?

What factors are driving Closed Loop Extractors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Closed Loop Extractors market opportunities vary by end market size?

How does Closed Loop Extractors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.