Solvent Recycling Market Report: Trends, Forecast and Competitive Analysis to 2030

Solvent Recycling Trends and Forecast

The future of the global solvent recycling market looks promising with opportunities in the printing, painting & coating, oil & chemical, and pharmaceutical markets. The global solvent recycling market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing investments in the solvent recycling infrastructure, surging demand for recycled solvents in laboratories, and rising awareness among consumers about the environmental benefits of recycled products.

A more than 150-page report is developed to help in your business decisions.

Solvent Recycling by Segment

The study includes a forecast for the global solvent recycling by type, application, and region.

Solvent Recycling Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• On-Site Solvent Recycling
• Off-Site Solvent Recycling

Solvent Recycling Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Printing Industry
• Painting & Coating Industry
• Oil & Chemical Industry
• Pharmaceutical Industry
• Others

Solvent Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Solvent Recycling Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solvent recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solvent recycling companies profiled in this report include-

• CBG Biotech
• Clean Harbors
• CleanPlanet Chemical
• GFL Environmental
• Maratek Environmental
• Polaris
• Shinko Organic Chemical Industry

Solvent Recycling Market Insights

Lucintel forecasts that on-site solvent recycling is expected to witness the higher growth over the forecast period as it ensures improved safety and reduced environmental impact.

Within this market, printing industry is expected to witness the highest growth due to increasing focus on sustainability and reducing environmental impact.

APAC is expected to witness highest growth over the forecast period due to growing industrialization and the existence of numerous end-use industries in the region.

Features of the Global Solvent Recycling Market

Market Size Estimates: Solvent recycling market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Solvent recycling market size by type, application, and region in terms of value ($B).

Regional Analysis: Solvent recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the solvent recycling market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solvent recycling market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the solvent recycling market size?

Answer: The global solvent recycling market is expected to reach an estimated $1.2 billion by 2030.

Q2. What is the growth forecast for solvent recycling market?

Answer: The global solvent recycling market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the solvent recycling market?

Answer: The major drivers for this market are growing investments in the solvent recycling infrastructure, surging demand for recycled solvents in laboratories, and rising awareness among consumers about the environmental benefits of recycled products.

Q4. What are the major segments for solvent recycling market?

Answer: The future of the global solvent recycling market looks promising with opportunities in the printing, painting & coating, oil & chemical, and pharmaceutical markets.

Q5. Who are the key solvent recycling market companies?

Answer: Some of the key solvent recycling companies are as follows.

• CBG Biotech
• Clean Harbors
• CleanPlanet Chemical
• GFL Environmental
• Maratek Environmental
• Polaris
• Shinko Organic Chemical Industry

Q6. Which solvent recycling market segment will be the largest in future?

Answer: Lucintel forecasts that on-site solvent recycling is expected to witness the higher growth over the forecast period as it ensures improved safety and reduced environmental impact.

Q7. In solvent recycling market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing industrialization and the existence of numerous end-use industries in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the solvent recycling market by type (on-site solvent recycling and off-site solvent recycling), application (printing industry, painting & coating industry, oil & chemical industry, pharmaceutical industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?