Solvent recovery is a form of waste reduction. In–process solvent recovery is widely used as an alternative to solvent replacement to reduce waste generation. It is attractive, like end–of–pipe pollution control, since it requires little change in existing processes. There is widespread commercial availability of solvent recovery equipment which is another attraction. Availability of equipment suitable for small operations, especially batch operations, make in–process recovery of solvents economically preferable to raw materials substitution. The solvent recovery systems are custom designed to optimize the recovery of solvents by combining condensers, receivers, vacuum pumps, and controls in a packaged system.
The main players in Solvent Recovery Units market including Dürr Group, Sulzer, Progressive Recovery
Cooper Technology, OFRU Recycling, Controls Group, Koch Modular Process Systems, Wintek Corporation, SRS Engineering Corporation, CBG Biotech, Maratek Environmental and so on.. There are many participants in the solvent recovery market, and the market concentration is particularly low. With the global environmental awareness, the competition in the solvent recycling market will become more and more competitive.
United States, Europe and China are the dominator of solvent recovery units market, and is estimated to maintain their leading positions in the next few years. In terms revenue, United States occupied about 26.06% share in solvent recovery units market, Europe occupied about 24.06% share in solvent recovery units t market, While China occupied about 22.34% share in solvent recovery units t market in 2018.
Market Analysis and Insights: Global Solvent Recovery Units (SRUs) Market
The global Solvent Recovery Units (SRUs) market is valued at US$ 990.4 million in 2019. The market size will reach US$ 1147.3 million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Global Solvent Recovery Units (SRUs) Scope and Segment
Solvent Recovery Units (SRUs) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Solvent Recovery Units (SRUs) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Liquid Ring (Compressor)
Centrifugal (Compressor)
Reciprocating (Compressor)
Rotary Screw (Compressor)
Other (Compressor)
Liquid Ring (Vacuum)
Dry Pumps (Vacuum)
Other (Vacuum)
Other Equipment
In 2018, Liquid Ring (Compressor) accounted for a major share of 7.08% in the global Solvent Recovery Units (SRUs) market. And this product segment is poised to reach 78.6 million US$ by 2025 from 68.7 million US$ in 2018.
Segment by Application
Printing Industry
Painting & Coating
Oil & Chemical Industry
Pharmaceuticals Industry
Electronics
Agrochemicals
Research Institutes
Others
In Solvent Recovery Units (SRUs) market, the Printing Industry holds an important share in terms of applications, and it is expected to reach a revenue of 118.4 M USD by 2025, at a CAGR of 2.65% during 2019 and 2025.
By Company
Dürr Group
Sulzer
Progressive Recovery
Cooper Technology
OFRU Recycling
Controls Group
Koch Modular Process Systems
Wintek Corporation
SRS Engineering Corporation
CBG Biotech
Maratek Environmental
Spooner Industries
Wiggens
CB Mills
KOBEX
Production by Region
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Summary:
Get latest Market Research Reports on Solvent Recovery Units (SRUs). Industry analysis & Market Report on Solvent Recovery Units (SRUs) is a syndicated market report, published as Global Solvent Recovery Units (SRUs) Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Solvent Recovery Units (SRUs) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.