溶剤回収・リサイクル市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年2月

Solvent Recovery and Recycling Market – Global Forecast to 2028

溶剤回収・リサイクル市場 : 溶媒の種類 (NMP、DMSO、クレゾール、DMF、DMAC、アセトン、ブタノール、プロパノール、2-アミノエタノール、1、4 ジオキサン、ε-カプロラクタム、テレフタル酸)、最終用途産業&地域別 – 2028年までの世界予測
Solvent Recovery and Recycling Market by Solvent Type (NMP, DMSO, Cresol, DMF, DMAC, Acetone, Butanol, Propanol, 2-Aminoethanol, 1, 4 Dioxane, E-Caprolactam, Terephthalic Acid), End-Use Industry, and Region – Global Forecast to 2028

ページ数219
図表数270
種別英文調査報告書
価格

お問合せ・ご注文  価格・納期について

Report Overview

The global solvent recovery and recycling market size is estimated to be USD 1,085 million in 2023 and projected to reach USD 1,384 million by 2028, at a CAGR of 5.0%.

世界の溶剤回収・リサイクル市場規模は、2023 年に 10 億 8,500 万米ドルと推定され、CAGR 5.0% で 2028 年までに 13 億 8,400 万米ドルに達すると予測されています。

Stringent regulations promoting the reduction of emissions and hazardous waste, increasing demand for solvent recovery in end-use industries, and financial benefits through reduced procurement costs and waste disposal expenses are driving factors in this market. Restraints include high initial capital investment of solvent recovery systems, and solvent recovery systems require significant space and specific infrastructure.

溶剤回収・リサイクル市場 : 2028年までの世界予測


“North America accounted for the second largest market share amongst other regions in solvent recovery and recycling market.”
North America accounted for the second-largest market share in the solvent recovery and recycling market due to stringent environmental regulations driving industries to adopt sustainable practices. The region’s robust manufacturing sector, particularly in chemicals and pharmaceuticals, emphasizes eco-friendly solutions to meet compliance standards. Additionally, increasing awareness among businesses about cost savings and resource efficiency propels the adoption of solvent recovery technologies.

溶剤回収・リサイクル市場 : 2028年までの世界予測 ecosystem


“Chemicals industry has the second largest market share in the solvent recovery and recycling market.”
The chemicals industry segment is the second-largest end-use industry in the solvent recovery and recycling market due to the sector’s extensive use of solvents in various processes, such as manufacturing, cleaning, and formulation. As environmental concerns and regulations tighten, the chemical industry is increasingly adopting solvent recovery practices to minimize waste and reduce environmental impact. This commitment to sustainable practices, combined with the continued growth of the chemical sector, establishes it as a significant contributor to the expanding solvent recovery and recycling market.

“Acetone accounted for the second largest market share amongst other solvent types in the solvent recovery and recycling market”
Acetone is the second largest solvent type in the solvent recovery and recycling market due to to its widespread use in industries such as chemicals, pharmaceuticals, and coatings. The versatility, effectiveness, and cost-efficiency of acetone contribute to its high demand. As industries prioritize sustainability, the need for efficient solvent recovery boosts acetone’s significance in mitigating environmental impact and supporting circular economy initiatives.

Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: C Level– 20%, D-level – 10%, And Other Level – 70%
• By Region:  North America – 20%, Europe – 30%, APAC – 30%, Middle East & Africa – 10%, South America-10%.

溶剤回収・リサイクル市場 : 2028年までの世界予測 region


The solvent recovery and recycling market is dominated by a few globally established players such as Veolia (France), CycleSolv LLC (US), Tradebe Environmental Services (US), Clean Harbors (US), and Indaver (Belgium).

Research Coverage:
The solvent recovery and recycling market has been segmented based on solvent type, end-use industry, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the solvent recovery and recycling market, along with opportunities and challenges in the market. It also includes profiles for top manufacturers in the market.

Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the solvent recovery and recycling market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the solvent recovery and recycling market; high-growth regions; and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Analysis of drivers (stringent regulations promoting the reduction of emissions and hazardous waste, Increasing demand for solvent recovery in end-use industries, and financial benefits through reduced procurement costs and waste disposal expenses), restraints (high initial capital investment of solvent recovery systems, and solvent recovery systems require significant space and specific infrastructure), opportunities (ongoing innovation in solvent recovery technologies, and solvent recovery systems require significant space and specific infrastructure) and challenges (availability of low-cost virgin solvents) influencing the growth of solvent recovery and recycling market.
• Market Penetration: Comprehensive information on solvent recovery and recycling market offered by top players in the global market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and mergers & acquisitions in the solvent recovery and recycling market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for solvent recovery and recycling market across regions.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the solvent recovery and recycling market.

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.3         STUDY SCOPE  33

1.3.1      MARKET SEGMENTATION         33

1.3.2      REGIONS COVERED      33

1.3.3      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          34

1.5         UNITS CONSIDERED     34

1.6         STAKEHOLDERS            34

1.7         INCLUSIONS & EXCLUSIONS     35

TABLE 1             INCLUSIONS & EXCLUSIONS     35

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 1           RESEARCH DESIGN       36

2.1.1      SECONDARY DATA       37

2.1.1.1   Key data from secondary sources     37

2.1.2      PRIMARY DATA 37

2.1.2.1   Key data from primary sources         38

2.1.2.2   Breakdown of primary interviews     38

2.1.2.3   Key industry insights          39

2.2         MARKET SIZE ESTIMATION       40

FIGURE 2           MARKET SIZE ESTIMATION       40

2.2.1      TOP-DOWN APPROACH             40

FIGURE 3           TOP-DOWN APPROACH             41

2.2.2      BOTTOM-UP APPROACH           41

FIGURE 4           BOTTOM-UP APPROACH           41

2.3         DATA TRIANGULATION             42

FIGURE 5           DATA TRIANGULATION             42

2.4         RESEARCH ASSUMPTIONS         43

2.5         LIMITATIONS   43

2.6         MARKET FORECAST ESTIMATION         44

2.6.1      SUPPLY-SIDE APPROACH          44

2.6.2      DEMAND-SIDE APPROACH        44

2.7         IMPACT OF RECESSION 44

3            EXECUTIVE SUMMARY 45

FIGURE 6           ACETONE TO BE SECOND-LARGEST SOLVENT TYPE BETWEEN 2023 AND 2028  45

FIGURE 7           ASIA PACIFIC TO LEAD SOLVENT RECOVERY AND RECYCLING MARKET,  2023–2028    46

FIGURE 8           CHEMICALS TO BE SECOND-LARGEST SEGMENT IN SOLVENT RECOVERY AND RECYCLING MARKET  46

4            PREMIUM INSIGHTS      47

4.1         OPPORTUNITIES FOR PLAYERS IN SOLVENT RECOVERY AND RECYCLING MARKET    47

FIGURE 9           EMERGING ECONOMIES TO OFFER ATTRACTIVE OPPORTUNITIES DURING FORECAST PERIOD  47

4.2         SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE              48

FIGURE 10         DMF SOLVENT TYPE TO LEAD MARKET DURING FORECAST PERIOD              48

4.3         SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY         48

FIGURE 11         PAINTS & COATINGS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       48

4.4         SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY 49

FIGURE 12         MARKET IN INDIA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028              49

5            MARKET OVERVIEW     50

5.1         INTRODUCTION            50

5.2         MARKET DYNAMICS     50

FIGURE 13         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SOLVENT RECOVERY AND RECYCLING MARKET       50

5.2.1      DRIVERS            51

5.2.1.1   Stringent regulations promoting reduction of emissions and hazardous waste              51

5.2.1.2   Increasing demand for solvent recovery and recycling in end-use industries              51

5.2.1.3   Financial benefits through reduced procurement costs and waste disposal expenditure         52

5.2.2      RESTRAINTS     52

5.2.2.1   High initial capital investments in solvent recovery and recycling systems 52

5.2.2.2   Requirement of significant space and specific infrastructure      53

5.2.3      OPPORTUNITIES           53

5.2.3.1   Growing awareness about environmental issues           53

5.2.3.2   Increasing adoption in healthcare and pharmaceuticals 54

5.2.4      CHALLENGES   54

5.2.4.1   Availability of low-cost virgin solvents            54

6            INDUSTRY TRENDS       55

6.1         INTRODUCTION            55

6.2         VALUE CHAIN ANALYSIS            55

FIGURE 14         VALUE CHAIN ANALYSIS            55

6.2.1      SOLVENT GENERATION             56

6.2.2      COLLECTION AND TRANSPORTATION 56

6.2.3      SOLVENT RECOVERY AND RECYCLING 56

6.2.4      DISTRIBUTORS 56

6.2.5      END-USE INDUSTRIES  56

6.3         PRICING ANALYSIS        57

6.3.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY         57

FIGURE 15         AVERAGE SELLING PRICE OF KEY PLAYERS, BY END-USE INDUSTRY (USD/KG)    57

6.3.2      AVERAGE SELLING PRICE TREND, BY REGION  57

FIGURE 16         AVERAGE SELLING PRICE TREND, BY REGION (USD/KG)              58

6.4         TARIFF AND REGULATORY LANDSCAPE            58

6.4.1      REGULATIONS 58

6.4.1.1   North America     59

6.4.1.2   Europe  59

6.4.1.3   Asia Pacific          59

6.4.2      STANDARDS     60

6.4.2.1   ISO 14001           60

6.4.2.2   ISO 14004           60

6.4.2.3   EN 12952            60

6.4.2.4   ASTM D6803–19 60

6.4.3      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          60

TABLE 2             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         60

TABLE 3             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         61

TABLE 4             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         61

TABLE 5             ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         61

6.5         TRADE ANALYSIS          62

6.5.1      IMPORT TRADE ANALYSIS         62

FIGURE 17         SOLVENT IMPORT, BY KEY COUNTRY, 2018–2022 (USD MILLION)          62

6.5.2      EXPORT TRADE ANALYSIS         63

FIGURE 18         SOLVENT EXPORT, KEY COUNTRY, 2018–2022 (USD MILLION)              63

6.6         ECOSYSTEM/MARKET MAP       64

FIGURE 19         ECOSYSTEM/MARKET MAP: SOLVENT RECOVERY AND RECYCLING MARKET    64

TABLE 6             ROLE IN ECOSYSTEM: SOLVENT RECOVERY AND RECYCLING MARKET            64

6.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       65

FIGURE 20         TRENDS IN SOLVENT RECOVERY AND RECYCLING MARKET              65

6.8         TECHNOLOGY ANALYSIS           66

6.8.1      ADVANCED ADSORPTION MATERIALS 66

6.8.2      NANOTECHNOLOGY APPLICATIONS    66

6.8.3      ELECTROCHEMICAL PROCESS 66

6.9         PORTER’S FIVE FORCES ANALYSIS         67

FIGURE 21         PORTER’S FIVE FORCES ANALYSIS         67

6.9.1      THREAT OF NEW ENTRANTS    67

6.9.2      THREAT OF SUBSTITUTES         68

6.9.3      BARGAINING POWER OF SUPPLIERS     68

6.9.4      BARGAINING POWER OF BUYERS           68

6.9.5      INTENSITY OF COMPETITIVE RIVALRY 68

TABLE 7             PORTER’S FIVE FORCES ANALYSIS         69

6.10       CASE STUDY ANALYSIS 69

6.10.1    VEOLIA DEMONSTRATES RECYCLING YIELDED SOLVENTS THAT MET AND EXCEEDED STEEL MILL’S STRINGENT QUALITY STANDARDS        69

6.10.2    CBG BIOTECH’S SOLVTRUE S6000 SOLVENT RECYCLER OVERCAME CHALLENGE OF RECYCLING SOLVENT USED TO WASH EQUIPMENT    70

6.11       KEY CONFERENCES & EVENTS (2023–24)             70

TABLE 8             LIST OF CONFERENCES & EVENTS         70

6.12       PATENT ANALYSIS        72

6.12.1    METHODOLOGY           72

6.12.2    DOCUMENT TYPE         72

FIGURE 22         GRANTED PATENTS     72

6.12.3    PUBLICATION TRENDS 73

FIGURE 23         NUMBER OF PATENTS YEAR-WISE FROM 2012 TO 2022  73

6.12.4    INSIGHT            73

6.12.5    LEGAL STATUS OF PATENTS    73

6.12.6    JURISDICTION ANALYSIS           74

FIGURE 24         TOP JURISDICTION, BY DOCUMENT     74

6.12.7    TOP COMPANIES/APPLICANTS 74

FIGURE 25         TOP 10 PATENT APPLICANTS   74

TABLE 9             LIST OF PATENTS BY SAUDI ARABIAN OIL CO.  75

TABLE 10           LIST OF PATENTS BY CHINA PETROLEUM & CHEM CORP.              75

TABLE 11           LIST OF PATENTS BY SHELL OIL CO.     75

TABLE 12           TOP 20 PATENT OWNERS DURING LAST TEN YEARS      76

6.13       KEY STAKEHOLDERS AND BUYING CRITERIA    77

6.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         77

FIGURE 26         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS   77

TABLE 13           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)          77

6.13.2    BUYING CRITERIA         78

FIGURE 27         KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS         78

TABLE 14           KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS         78

7            SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE              79

7.1         INTRODUCTION            80

FIGURE 28         CRESOL SOLVENT TYPE TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (USD MILLION)     80

TABLE 15           SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (USD MILLION)          81

TABLE 16           SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (USD MILLION)          81

TABLE 17           SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (KILOTON)   82

TABLE 18           SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (KILOTON)   82

7.2         NMP (N-METHYL-2-PYRROLIDONE)      83

7.2.1      PHARMACEUTICAL, PETROCHEMICAL, AGROCHEMICAL, ELECTRONICS, AND COATINGS END-USE INDUSTRIES TO DRIVE MARKET              83

7.3         DMSO (DIMETHYL SULFOXIDE)             83

7.3.1      PHARMACEUTICAL, POLYMER PROCESSING, AND ELECTRONICS END-USE INDUSTRIES TO DRIVE MARKET    83

7.4         CRESOL             84

7.4.1      UTILIZATION IN PRODUCTION OF RESINS, PLASTICS, AND AS PRECURSORS FOR VARIOUS CHEMICALS TO DRIVE MARKET    84

7.5         DMF (N, N-DIMETHYLFORMAMIDE)     84

7.5.1      USE AS A REACTION SOLVENT AND SOLUBILIZING AGENT TO DRIVE MARKET            84

7.6         DMAC (N, N-DIMETHYLACETAMIDE)   85

7.6.1      GROWING PHARMACEUTICAL, TEXTILE, AND CHEMICAL END-USE INDUSTRIES TO DRIVE MARKET            85

7.7         ACETONE          86

7.7.1      EXCELLENT SOLVENT PROPERTIES TO DRIVE APPLICABILITY IN VARIOUS INDUSTRIAL PROCESSES        86

7.8         BUTANOL         86

7.8.1      USE AS VALUABLE CHEMICAL INTERMEDIATE IN PRODUCTION OF OTHER CHEMICALS AND MATERIALS TO DRIVE MARKET          86

7.9         PROPANOL       87

7.9.1      EFFECTIVE USE FOR DISSOLVING OILS, RESINS, AND OTHER ORGANIC COMPOUNDS TO DRIVE MARKET          87

7.10       2-AMINOETHANOL       88

7.10.1    ABILITY TO DISSOLVE VARIOUS SUBSTANCES, INCLUDING GASES, TO DRIVE MARKET 88

7.11       1,4-DIOXANE    88

7.11.1    PRODUCTION OF PAINT STRIPPERS, VARNISHES, AND WAXES TO DRIVE MARKET 88

7.12       E-CAPROLACTAM         89

7.12.1    KEY RAW MATERIAL IN PRODUCTION OF NYLON-6 TO DRIVE MARKET              89

7.13       TEREPHTHALIC ACID   89

7.13.1    USE AS KEY PRECURSOR IN PRODUCTION OF POLYESTER FIBERS AND RESINS TO DRIVE MARKET        89

7.14       OTHER SOLVENT TYPES            90

8            SOLVENT RECOVERY AND RECYCLING MARKET,  BY END-USE INDUSTRY         91

8.1         INTRODUCTION            92

FIGURE 29         PAINTS & COATINGS END-USE INDUSTRY TO LEAD MARKET DURING FORECAST PERIOD     92

TABLE 19           SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION) 92

TABLE 20           SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION) 93

TABLE 21           SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)        93

TABLE 22           SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)        93

8.2         PAINTS & COATINGS    94

8.2.1      CONTRIBUTION TO CLOSED-LOOP SYSTEM ENHANCING RESOURCE EFFICIENCY TO DRIVE MARKET             94

8.3         PRINTING          94

8.3.1      USE OF RECOVERED SOLVENTS IN INK APPLICATION AND CLEANING TO DRIVE MARKET       94

8.4         CHEMICALS      95

8.4.1      AFFORDABLE ALTERNATIVE TO VIRGIN COUNTERPARTS, FOSTERING OPERATIONAL EFFICIENCY AND COST SAVINGS TO DRIVE MARKET     95

8.5         ELECTRONICS  95

8.5.1      COSTLY AND ENVIRONMENTALLY UNSUSTAINABLE CONVENTIONAL DISCARDING PRACTICES TO DRIVE MARKET    95

8.6         PHARMACEUTICAL       96

8.6.1      INCREASING ADVANTAGES OF ON-SITE SOLVENT RECOVERY AND RECYCLING TO DRIVE MARKET             96

8.7         OTHER END-USE INDUSTRIES  96

9            SOLVENT RECOVERY AND RECYCLING MARKET, BY REGION    97

9.1         INTRODUCTION            98

FIGURE 30         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       98

TABLE 23           SOLVENT RECOVERY AND RECYCLING MARKET, BY REGION, 2020–2022 (USD MILLION)          98

TABLE 24           SOLVENT RECOVERY AND RECYCLING MARKET, BY REGION, 2023–2028 (USD MILLION)          99

TABLE 25           SOLVENT RECOVERY AND RECYCLING MARKET, BY REGION, 2020–2022 (KILOTON)   99

TABLE 26           SOLVENT RECOVERY AND RECYCLING MARKET, BY REGION, 2023–2028 (KILOTON)   99

9.2         NORTH AMERICA          100

9.2.1      IMPACT OF RECESSION ON NORTH AMERICA   100

FIGURE 31         NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET SNAPSHOT     101

TABLE 27           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (USD MILLION)      101

TABLE 28           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      102

TABLE 29           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (KILOTON)             102

TABLE 30           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (KILOTON)             102

TABLE 31           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (USD MILLION)           103

TABLE 32           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (USD MILLION)           103

TABLE 33           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (KILOTON)    104

TABLE 34           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (KILOTON)    104

TABLE 35           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  105

TABLE 36           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  105

TABLE 37           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKETS, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          105

TABLE 38           NORTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         106

9.2.2      US         106

9.2.2.1   Expanding chemical sector to drive market    106

TABLE 39           US: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      107

TABLE 40           US: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      107

TABLE 41           US: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 107

TABLE 42           US: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 108

9.2.3      CANADA            108

9.2.3.1   Growing pharmaceutical and paints & coatings industries to boost market              108

TABLE 43           CANADA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           109

TABLE 44           CANADA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           109

TABLE 45           CANADA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    109

TABLE 46           CANADA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    110

9.2.4      MEXICO             110

9.2.4.1   Paints & coatings and textiles industries to drive market            110

TABLE 47           MEXICO: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           111

TABLE 48           MEXICO: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           111

TABLE 49           MEXICO: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    111

TABLE 50           MEXICO: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    112

9.3         EUROPE             112

9.3.1      IMPACT OF RECESSION ON EUROPE     112

TABLE 51           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (USD MILLION) 113

TABLE 52           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 113

TABLE 53           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (KILOTON)        113

TABLE 54           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (KILOTON)        114

TABLE 55           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (USD MILLION)      114

TABLE 56           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (USD MILLION)      115

TABLE 57           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (KILOTON)             115

TABLE 58           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (KILOTON)             116

TABLE 59           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           116

TABLE 60           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           117

TABLE 61           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    117

TABLE 62           EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    117

9.3.2      GERMANY         118

9.3.2.1   Demand for sustainable practices from robust pharmaceutical industry to drive market   118

TABLE 63           GERMANY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)     118

TABLE 64           GERMANY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)     119

TABLE 65           GERMANY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)             119

TABLE 66           GERMANY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)             119

9.3.3      FRANCE             120

9.3.3.1   Ambitious environmental objectives and waste reduction targets to drive market              120

TABLE 67           FRANCE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           120

TABLE 68           FRANCE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           121

TABLE 69           FRANCE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    121

TABLE 70           FRANCE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    121

9.3.4      SPAIN   122

9.3.4.1   Government emphasis on circular economy to propel market     122

TABLE 71           SPAIN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           122

TABLE 72           SPAIN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           123

TABLE 73           SPAIN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    123

TABLE 74           SPAIN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    123

9.3.5      UK         124

9.3.5.1   Growing construction industry to drive market            124

TABLE 75           UK: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      124

TABLE 76           UK: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      125

TABLE 77           UK: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 125

TABLE 78           UK: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 125

9.3.6      ITALY   126

9.3.6.1   Rising demand from automotive and manufacturing industries to drive market              126

TABLE 79           ITALY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           126

TABLE 80           ITALY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           127

TABLE 81           ITALY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    127

TABLE 82           ITALY: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    127

9.3.7      REST OF EUROPE           128

TABLE 83           REST OF EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  128

TABLE 84           REST OF EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  128

TABLE 85           REST OF EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)         129

TABLE 86           REST OF EUROPE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         129

9.4         ASIA PACIFIC    130

9.4.1      IMPACT OF RECESSION ON ASIA PACIFIC           130

FIGURE 32         ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET SNAPSHOT        131

TABLE 87           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (USD MILLION)         131

TABLE 88           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)         132

TABLE 89           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (KILOTON)   132

TABLE 90           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (KILOTON)   132

TABLE 91           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (USD MILLION) 133

TABLE 92           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (USD MILLION) 133

TABLE 93           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2020–2022 (KILOTON)        134

TABLE 94           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE,  2023–2028 (KILOTON)        134

TABLE 95           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)     135

TABLE 96           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)     135

TABLE 97           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)             135

TABLE 98           ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)             136

9.4.2      CHINA  136

9.4.2.1   Transformation from generic drug-dominated to innovative drug-driven market creating new opportunities 136

TABLE 99           CHINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           137

TABLE 100         CHINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           137

TABLE 101         CHINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    138

TABLE 102         CHINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    138

9.4.3      INDIA   138

9.4.3.1   Government initiatives to drive market          138

TABLE 103         INDIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           139

TABLE 104         INDIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           140

TABLE 105         INDIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    140

TABLE 106         INDIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    140

9.4.4      JAPAN  141

9.4.4.1   Automotive and electronics industries to drive market 141

TABLE 107         JAPAN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           141

TABLE 108         JAPAN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           142

TABLE 109         JAPAN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    142

TABLE 110         JAPAN: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    142

9.4.5      SOUTH KOREA 143

9.4.5.1   Economic benefits associated with solvent recovery and recycling to drive market              143

TABLE 111         SOUTH KOREA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  143

TABLE 112         SOUTH KOREA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  144

TABLE 113         SOUTH KOREA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)         144

TABLE 114         SOUTH KOREA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         144

9.4.6      REST OF ASIA PACIFIC  145

TABLE 115         REST OF ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     145

TABLE 116         REST OF ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     145

TABLE 117         REST OF ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            146

TABLE 118         REST OF ASIA PACIFIC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            146

9.5         MIDDLE EAST & AFRICA             146

9.5.1      IMPACT OF RECESSION ON MIDDLE EAST & AFRICA     147

TABLE 119         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (USD MILLION)            147

TABLE 120         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)            148

TABLE 121         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (KILOTON)     148

TABLE 122         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET,  BY COUNTRY, 2023–2028 (KILOTON)     148

TABLE 123         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2020–2022 (USD MILLION)     149

TABLE 124         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2023–2028 (USD MILLION)     149

TABLE 125         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2020–2022 (KILOTON)             150

TABLE 126         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2023–2028 (KILOTON)             150

TABLE 127         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)              151

TABLE 128         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)              151

TABLE 129         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)    151

TABLE 130         MIDDLE EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)    152

9.5.2      GCC COUNTRIES           152

9.5.2.1   Significant reliance on petrochemicals, oil & gas, and manufacturing sectors to drive market        152

TABLE 131         GCC COUNTRIES: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  153

TABLE 132         GCC COUNTRIES: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  153

TABLE 133         GCC COUNTRIES: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)         153

TABLE 134         GCC COUNTRIES: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         154

9.5.2.2   Saudi Arabia        154

9.5.2.2.1 Significant industrial growth and commitment to sustainability practices and environmental responsibility to drive market  154

TABLE 135         SAUDI ARABIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  155

TABLE 136         SAUDI ARABIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  155

TABLE 137         SAUDI ARABIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)         155

TABLE 138         SAUDI ARABIA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         156

9.5.2.3   UAE      156

9.5.2.3.1 Expanding industrial sector to drive market   156

TABLE 139         UAE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)      157

TABLE 140         UAE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)      157

TABLE 141         UAE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON) 157

TABLE 142         UAE: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON) 158

9.5.2.4   Rest of GCC        158

TABLE 143        REST OF GCC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)     158

TABLE 144        REST OF GCC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)     159

TABLE 145        REST OF GCC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)             159

TABLE 146        REST OF GCC: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)             159

9.5.3      SOUTH AFRICA 160

9.5.3.1   Growing manufacturing industries to boost market      160

TABLE 147         SOUTH AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)  160

TABLE 148         SOUTH AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)  161

TABLE 149         SOUTH AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)         161

TABLE 150         SOUTH AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)         161

9.5.4      REST OF MIDDLE EAST & AFRICA           162

TABLE 151         REST OF MIDDLES EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET,  BY END-USE INDUSTRY, 2020–2022 (USD MILLION)              162

TABLE 152         REST OF MIDDLES EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET,  BY END-USE INDUSTRY, 2023–2028 (USD MILLION)              162

TABLE 153         REST OF MIDDLES EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET,  BY END-USE INDUSTRY, 2020–2022 (KILOTON) 163

TABLE 154         REST OF MIDDLES EAST & AFRICA: SOLVENT RECOVERY AND RECYCLING MARKET,  BY END-USE INDUSTRY, 2023–2028 (KILOTON) 163

9.6         SOUTH AMERICA           163

9.6.1      IMPACT OF RECESSION ON SOUTH AMERICA   164

TABLE 155         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (USD MILLION)      164

TABLE 156         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      164

TABLE 157         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2020–2022 (KILOTON)             165

TABLE 158         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY COUNTRY,  2023–2028 (KILOTON)             165

TABLE 159         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2020–2022 (USD MILLION)             165

TABLE 160         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2023–2028 (USD MILLION)             166

TABLE 161         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2020–2022 (KILOTON)       166

TABLE 162         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY SOLVENT TYPE, 2023–2028 (KILOTON)       167

TABLE 163         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     167

TABLE 164         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)     168

TABLE 165         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            168

TABLE 166         SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)            168

9.6.2      BRAZIL 169

9.6.2.1   Paints & coatings industry to drive market     169

TABLE 167         BRAZIL: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)           169

TABLE 168         BRAZIL: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)           170

TABLE 169         BRAZIL: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)    170

TABLE 170         BRAZIL: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)    170

9.6.3      ARGENTINA      171

9.6.3.1   Growing construction industry to drive market            171

TABLE 171         ARGENTINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (USD MILLION)     171

TABLE 172         ARGENTINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)     172

TABLE 173         ARGENTINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2020–2022 (KILOTON)             172

TABLE 174         ARGENTINA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY,  2023–2028 (KILOTON)             172

9.6.4      REST OF SOUTH AMERICA         173

TABLE 175         REST OF SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)              173

TABLE 176         REST OF SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)              173

TABLE 177         REST OF SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)    174

TABLE 178         REST OF SOUTH AMERICA: SOLVENT RECOVERY AND RECYCLING MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)    174

10          COMPETITIVE LANDSCAPE       175

10.1       INTRODUCTION            175

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          176

FIGURE 33         OVERVIEW OF STRATEGIES ADOPTED BY SOLVENT RECOVERY AND RECYCLING COMPANIES          176

10.3       REVENUE ANALYSIS      176

FIGURE 34         REVENUE ANALYSIS OF TOP 3 KEY PLAYERS (2020–2022)              176

10.4       MARKET SHARE ANALYSIS         177

FIGURE 35         SHARE OF LEADING COMPANIES IN SOLVENT RECOVERY AND RECYCLING MARKET (2022)      177

TABLE 179         DEGREE OF COMPETITIVE RIVALRY     177

10.4.1    VEOLIA 178

10.4.2    CYCLESOLV LLC            178

10.4.3    TRADEBE ENVIRONMENTAL SERVICES 178

10.4.4    CLEAN HARBORS           178

10.4.5    INDAVER           179

10.5       MARKET SHARE OF KEY PLAYERS, 2022 179

10.6       COMPANY EVALUATION MATRIX          179

10.6.1    STARS  179

10.6.2    EMERGING LEADERS    179

10.6.3    PERVASIVE PLAYERS     179

10.6.4    PARTICIPANTS 180

FIGURE 36         COMPANY EVALUATION MATRIX, 2022 180

10.6.5    COMPANY FOOTPRINT 181

FIGURE 37         PRODUCT FOOTPRINT (26 COMPANIES)           181

TABLE 180         END-USE INDUSTRY FOOTPRINT (26 COMPANIES)        182

TABLE 181         REGION FOOTPRINT (26 COMPANIES) 183

TABLE 182         OVERALL COMPANY FOOTPRINT (26 COMPANIES)       184

10.7       STARTUP/SME EVALUATION MATRIX   185

10.7.1    PROGRESSIVE COMPANIES       185

10.7.2    RESPONSIVE COMPANIES          185

10.7.3    STARTING BLOCKS       185

10.7.4    DYNAMIC COMPANIES 185

FIGURE 38         STARTUP/SME EVALUATION MATRIX, 2022       186

10.7.5    COMPETITIVE BENCHMARKING            187

TABLE 183         DETAILED LIST OF KEY STARTUPS/SMES           187

TABLE 184         COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]        188

10.8       COMPETITIVE SCENARIO & TRENDS     189

10.8.1    PRODUCT LAUNCHES  189

TABLE 185         PRODUCT LAUNCHES, 2019–2023           189

10.8.2    DEALS  189

TABLE 186         DEALS, 2019–2023           189

11          COMPANY PROFILES    191

(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *

11.1       KEY PLAYERS   191

11.1.1    VEOLIA 191

TABLE 187         VEOLIA: COMPANY OVERVIEW 191

FIGURE 39         VEOLIA: COMPANY SNAPSHOT 192

TABLE 188         VEOLIA: PRODUCT OFFERINGS 192

TABLE 189         VEOLIA: DEALS 193

11.1.2    CYCLESOLV LLC            194

TABLE 190         CYCLESOLV LLC: COMPANY OVERVIEW             194

TABLE 191         CYCLESOLV LLC: PRODUCT OFFERINGS            194

TABLE 192         CYCLESOLV LLC: DEALS            194

11.1.3    TRADEBE ENVIRONMENTAL SERVICES 196

TABLE 193         TRADEBE ENVIRONMENTAL SERVICES: COMPANY OVERVIEW              196

TABLE 194         TRADEBE ENVIRONMENTAL SERVICES: PRODUCT OFFERINGS              196

TABLE 195         TRADEBE ENVIRONMENTAL SERVICES: DEALS 197

11.1.4    CLEAN HARBORS           198

TABLE 196         CLEAN HARBORS: COMPANY OVERVIEW           198

FIGURE 40         CLEAN HARBORS: COMPANY SNAPSHOT           199

TABLE 197         CLEAN HARBORS: PRODUCT OFFERINGS           199

TABLE 198         CLEAN HARBORS: DEALS           200

11.1.5    INDAVER           201

TABLE 199         INDAVER: COMPANY OVERVIEW            201

TABLE 200         INDAVER: PRODUCT OFFERINGS           201

TABLE 201         INDAVER: DEALS           201

11.1.6    CBG BIOTECH  203

TABLE 202         CBG BIOTECH: COMPANY OVERVIEW   203

TABLE 203         CBG BIOTECH: PRODUCT OFFERINGS  203

TABLE 204         CBG BIOTECH: PRODUCT LAUNCHES  203

11.1.7    OFRU RECYCLING         205

TABLE 205         OFRU RECYCLING: COMPANY OVERVIEW          205

TABLE 206         OFRU RECYCLING: PRODUCT OFFERINGS         205

11.1.8    MARATEK ENVIRONMENTAL INC.          207

TABLE 207         MARATEK ENVIRONMENTAL INC.: COMPANY OVERVIEW              207

TABLE 208         MARATEK ENVIRONMENTAL INC.: PRODUCT OFFERINGS              207

11.1.9    NIPPON REFINE CO., LTD.         208

TABLE 209         NIPPON REFINE CO., LTD: COMPANY OVERVIEW           208

TABLE 210         NIPPON REFINE CO., LTD.: PRODUCT OFFERINGS         208

11.1.10  CLEANPLANET CHEMICAL        209

TABLE 211         CLEANPLANET CHEMICAL: COMPANY OVERVIEW         209

TABLE 212         CLEANPLANET CHEMICAL: PRODUCT OFFERINGS        209

11.1.11  GEA      210

TABLE 213         GEA: COMPANY OVERVIEW       210

FIGURE 41         GEA: COMPANY SNAPSHOT      210

TABLE 214         GEA: PRODUCT OFFERINGS      211

11.2       OTHER PLAYERS           212

11.2.1    CHEMOXY INTERNATIONAL LTD.         212

TABLE 215         CHEMOXY INTERNATIONAL LTD.: COMPANY OVERVIEW              212

11.2.2    SHINKO ORGANIC CHEMICAL INDUSTRY LTD. 212

TABLE 216         SHINKO ORGANIC CHEMICAL INDUSTRY LTD.: COMPANY OVERVIEW        212

11.2.3    IST PURE           213

TABLE 217         IST PURE: COMPANY OVERVIEW            213

11.2.4    KOCH MODULAR PROCESS SYSTEMS, LLC         213

TABLE 218         KOCH MODULAR PROCESS SYSTEMS, LLC: COMPANY OVERVIEW        213

11.2.5    ALAQUA INC.    214

TABLE 219         ALAQUA INC.: COMPANY OVERVIEW    214

11.2.6    SOLVENT WASTE MANAGEMENT INC.  214

TABLE 220         SOLVENT WASTE MANAGEMENT INC.: COMPANY OVERVIEW              214

11.2.7    TIANLONG ENVIRONMENTAL ENGINEERING CO., LTD.             215

TABLE 221         TIANLONG ENVIRONMENTAL ENGINEERING CO., LTD: COMPANY OVERVIEW  215

11.2.8    ENVIRO TECH INTERNATIONAL INC.    215

TABLE 222         ENVIRO TECH INTERNATIONAL INC.: COMPANY OVERVIEW              215

11.2.9    RENERGIES       216

TABLE 223         RENERGIES: COMPANY OVERVIEW        216

11.2.10  NEXTGEN ENVIRO SYSTEMS INC.           216

TABLE 224         NEXTGEN ENVIRO SYSTEMS INC.: COMPANY OVERVIEW              216

11.2.11  LN CHEM           217

TABLE 225         LN CHEM: COMPANY OVERVIEW           217

11.2.12  PRI        217

TABLE 226         PRI: COMPANY OVERVIEW        217

11.2.13  SOLUTEX LTD  218

TABLE 227         SOLUTEX LTD: COMPANY OVERVIEW  218

11.2.14  JACOBI GROUP 218

TABLE 228         JACOBI GROUP: COMPANY OVERVIEW 218

11.2.15  BEST TECHNOLOGY INC.           219

TABLE 229         BEST TECHNOLOGY INC.: COMPANY OVERVIEW           219

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12          APPENDIX         220

12.1       DISCUSSION GUIDE      220

12.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             224

12.3       AVAILABLE CUSTOMIZATIONS 226

12.4       RELATED REPORTS       226

12.5       AUTHOR DETAILS         227