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Solvent recycling is the process of taking used, dirty solvents and cleaning them until the solvent is returned to its pure form or to any acceptable specification. Used solvents are placed in a solvent recycler and "put through a process that fractionates and distills them from the chemicals that made them dirty those introduced to create a reaction with the solvent."
Solvent recycling is often a critical economic factor in determining the feasibility of a new project or plant expansion. Environmental regulations, new solvent costs and waste disposal costs can easily exceed the cost of solvent recovery equipment and operation. Solvent recycling and recovery are designed to help facility accomplish two major goals - reducing liquid waste disposal expenses and recycling of customers' liquid solvent waste such as solvent waste, alcohol waste, blanket wash and liquid cleaning solvents - providing huge economic benefits.
The Solvent Recycling market revenue was 444.29 Million USD in 2022, and will reach 492.68 Million USD in 2028, with a CAGR of 1.74% during 2022-2028.
This report elaborates the market size, market characteristics, and market growth of the Solvent Recycling industry, and breaks down according to the type, application, and consumption area of Solvent Recycling. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.
In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Solvent Recycling in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.
Key players in the global Solvent Recycling market covered in Chapter 11:
Tradebe Solvent Recycling
IST Pure
Maratek Environmental
CycleSolv
Pegex (Hazardous Waste Experts)
CBG Technologies
Clean Harbors
Clean Planet Chemical
US Ecology
Veolia
Quanzhou Tianlong
Gage Products Company
In Chapter 3, on the basis of types, the Solvent Recycling market from 2018 to 2028 is primarily split into:
Off-site Solvent Recycling
On-site Solvent Recycling
In Chapter 4, on the basis of applications, the Solvent Recycling market from 2018 to 2028 covers:
Pharmaceuticals Industry
Oil & Chemical Industry
Painting & Coating Industry
Printing Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2028) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028