Global VOC Recovery and Abatement Market Growth (Status and Outlook) 2023-2029

Global VOC Recovery and Abatement Market Growth (Status and Outlook) 2023-2029

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.).
LPI (LP Information)' newest research report, the “VOC Recovery and Abatement Industry Forecast” looks at past sales and reviews total world VOC Recovery and Abatement sales in 2022, providing a comprehensive analysis by region and market sector of projected VOC Recovery and Abatement sales for 2023 through 2029. With VOC Recovery and Abatement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VOC Recovery and Abatement industry.
This Insight Report provides a comprehensive analysis of the global VOC Recovery and Abatement 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 VOC Recovery and Abatement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VOC Recovery and Abatement market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VOC Recovery and Abatement 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 VOC Recovery and Abatement.
The global VOC Recovery and Abatement market size is projected to grow from US$ 7951.4 million in 2022 to US$ 49010 million in 2029; it is expected to grow at a CAGR of 29.7% from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of VOC Recovery and Abatement market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Regenerative Thermal Oxidation
Recuperative Thermal Oxidation
Catalytic Oxidation
Adsorption by Activated Carbon
Cryocondensation
Others
Segmentation by application
Petroleum and Petrochemical
Packaging and Printing
Pharmaceuticals
Food
Plastic and Rubber
Iron and Steel
Coatings and Inks
Other
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.
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
湾环保科技（北京）有限公司
KVT Process Technology
CECO Environmental
SINOPEC Qingdao Safety Engineering
Naide
ECOTEC
Beijing CEC Environmental Engineering
WELLE Environmental Group

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