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.).
This report contains market size and forecasts of VOC Recovery and Abatement in Global, including the following market information:
Global VOC Recovery and Abatement Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global VOC Recovery and Abatement market was valued at 8363.5 million in 2021 and is projected to reach US$ 45480 million by 2028, at a CAGR of 27.4% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Regenerative Thermal Oxidation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of VOC Recovery and Abatement include Air Products, Linde pl (Praxair), Wärtsilä, Munters, TOYOBO, Taikisha, Nippon Gases, Calgon Carbon Corporation and Condorchem Envitech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the VOC Recovery and Abatement companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global VOC Recovery and Abatement Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global VOC Recovery and Abatement Market Segment Percentages, by Type, 2021 (%)
Regenerative Thermal Oxidation
Recuperative Thermal Oxidation
Catalytic Oxidation
Adsorption by Activated Carbon
Cryocondensation
Others
Global VOC Recovery and Abatement Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global VOC Recovery and Abatement Market Segment Percentages, by Application, 2021 (%)
Petroleum and Petrochemical
Packaging and Printing
Pharmaceuticals
Food
Plastic and Rubber
Iron and Steel
Coatings and Inks
Other
Global VOC Recovery and Abatement Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global VOC Recovery and Abatement Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies VOC Recovery and Abatement revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies VOC Recovery and Abatement revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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