According to our (Global Info Research) latest study, the global VOC Recovery and Abatement System market size was valued at USD 8277.9 million in 2022 and is forecast to a readjusted size of USD 12470 million by 2029 with a CAGR of 6.0% during review period.
A VOC recovery and emission reduction system is a system used to treat volatile organic compounds (VOCs). It can separate VOCs from gases and recycle or reduce emissions. This kind of system usually consists of adsorbents, absorbents, catalysts, etc., and is used to treat organic compounds in various industrial waste gases, such as petrochemical, printing, pharmaceutical and other industries. VOC recovery and emission reduction systems can reduce environmental pollution and also recycle valuable organic compounds, which has both economic and environmental benefits.
As new technologies continue to emerge, VOC recovery and emission reduction systems will continue to be upgraded and improved to improve their processing efficiency and accuracy to meet higher environmental protection requirements. At the same time, with the continuous expansion of application fields, VOC recovery and emission reduction systems will be used in more fields, such as petroleum and petrochemicals, packaging and printing, plastics and rubber, coatings and inks, pharmaceuticals, food industry, etc.
In terms of market competition, the market competition for VOC recovery and emission reduction systems will gradually intensify, and companies will compete through technological innovation, product quality, and after-sales service. At the same time, as the market expands, mergers and reorganizations within the industry will gradually increase, and some companies with technological innovation capabilities and market advantages will gradually become industry leaders.
The Global Info Research report includes an overview of the development of the VOC Recovery and Abatement System industry chain, the market status of Petroleum and Petrochemical (Regenerative Thermal Oxidation, Recuperative Thermal Oxidation), Packaging and Printing (Regenerative Thermal Oxidation, Recuperative Thermal Oxidation), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of VOC Recovery and Abatement System.
Regionally, the report analyzes the VOC Recovery and Abatement System 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 and Abatement System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
The report presents comprehensive understanding of the VOC Recovery and Abatement System 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 and Abatement System 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., Regenerative Thermal Oxidation, Recuperative Thermal Oxidation).
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 and Abatement System market.
Regional Analysis: The report involves examining the VOC Recovery and Abatement System 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 and Abatement System 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 and Abatement System:
Company Analysis: Report covers individual VOC Recovery and Abatement System 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 and Abatement System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Petroleum and Petrochemical, Packaging and Printing).
Technology Analysis: Report covers specific technologies relevant to VOC Recovery and Abatement System. It assesses the current state, advancements, and potential future developments in VOC Recovery and Abatement System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the VOC Recovery and Abatement System 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.
VOC Recovery and Abatement System market is split by Type and by Application. For the period 2018-2029, 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
Regenerative Thermal Oxidation
Recuperative Thermal Oxidation
Market segment by Application
Petroleum and Petrochemical
Packaging and Printing
Plastic and Rubber
Iron and Steel
Coatings and Inks
Major players covered
Calgon Carbon Corporation
Bay Environmental Technology
KVT Process Technology
SINOPEC Qingdao Safety Engineering
Sinochem Environment Air Pollution Control
WELLE Environmental Group
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 and Abatement System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of VOC Recovery and Abatement System, with price, sales, revenue and global market share of VOC Recovery and Abatement System from 2018 to 2023.
Chapter 3, the VOC Recovery and Abatement System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the VOC Recovery and Abatement System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2022.and VOC Recovery and Abatement System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
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 and Abatement System.
Chapter 14 and 15, to describe VOC Recovery and Abatement System sales channel, distributors, customers, research findings and conclusion.