Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Solvent
Recovery Equipment Market makes an offering of in-depth analysis of segments
and sub-segments in the regional and international Solvent Recovery Equipment Market.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Solvent Recovery Equipment Market over
the short as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Solvent Recovery Equipment Market is offered. In
accordance with the report, the global Solvent Recovery Equipment Market is
projected to expand at a CAGR of 9.67 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
The solvent
recycling equipment is a process that helps in separating waste and extracts
useful solvents and raw materials using distillation process to turn the waste
back into reusable solvent. Through the recycling process of solvents,
manufacturers save a lot of money by avoiding purchase of new solvents.
Environmental
Sustainability is the primary driver of growth for the solvent recovery
equipment market. Strong focus of authorities and awareness amongst
manufacturers to protect and preserve the environment from disposal of
hazardous solvent will also drive the Solvent Recovery Equipment market towards
positive growth in the forecast period. Many solvents are used in the various
processes like paint and powder coating, metal finishing, parts washing etc.
With the help of solvent recovery equipment, many solvents are recycled thereby
reducing new solvent cost. Companies can also avoid waste management cost and
streamline operations. Solvents are used both in commercial and industrial
processes. With the increase in scale of operations, the demand for solvents
will also experience a demand, thereby boosting the Solvent recovery equipment
market in the future years. Many companies like OFRU Recycling, rent a system
for the users to test if the solvent recovery equipment will be useful for
their processes, thereby protecting and reducing the expenses.
However, high
installation and maintenance cost of machineries involved in solvent recovery
equipment is the major restraint that might hinder the growth of global solvent
recovery equipment market in the forecast period. Also heavy research and
development investments will act as a major barrier for the growth of solvent
recovery equipment market in the future.
With strong
focus of Government authorities for sustainable industrial operations, North
America is expected to account for the major share of the market. Asia Pacific
is also expected to grow due to rapid industrialization in developed economies
of this region.
Cement Industry
procures the harmful contaminants that are removed during the solvent recycling
process. These contaminants contain significant amount of hydrocarbons to fight
the cement kilns and achieve high temperature that is required to carry out
cement manufacturing process. With an increase in number of cement industries,
this will act as an opportunity to drive the demand for solvent recycling
equipment market over the forecast period.
However, many
industries across the globe have shut down their operations in response to the
lockdown orders issues by Government of various countries. As such the demand
for Solvent recovery equipment is reducing hampering the growth of this market
in the current period.
Segment Covered:
This market
intelligence report on the global Solvent Recovery Equipment Market encompasses
market segments based on product type, design, capacity, application and country/regions.
In terms of type, the global Solvent Recovery
Equipment Market is segregated
into :
§ On-Site Solvent Recovery Equipment
§ Off-Site Solvent Recovery Equipment
In terms of design, the global Solvent
Recovery Equipment
Market is segregated into :
§ Simple Distillation
§ Fractional Distillation
In terms of capacity, the global Solvent
Recovery Equipment
Market is segregated into :
§ Low Capacity (Below 16 gallons)
§ Medium Capacity (16-55 gallons)
§ High Capacity (Above 55 gallons)
By application, the global Solvent Recovery
Equipment Market is also
classified into :
§ Printing Industry
§ Painting & Coatings
§ Oil & Chemical
§ Pharmaceuticals
By country/region, the global Solvent Recovery Equipment Market has been divided into :
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Durr MEGTEC
§ OFRU Recycling GmBH
§ Sulzer Ltd
§ Progressive Recovery Inc.
§ Spooner AMCEC
§ HongYi
§ Maratek Environmental Inc
§ CMI Group
§ Wintek Corporation
§ CBG Technologies
§ KURIMOTO Ltd
§ Oregon Environmental Systems
§ KOBEX Co. Ltd
§ KIMURA Chemical Plants
§ Koch Modular Process Systems
§ Wiggens
§ NexGen Enviro Systems
§ IST Pure
§ Daetwyler Cleaning Technologies
§ EZG Manufacturing and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Solvent Recovery Equipment related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Solvent Recovery Equipment Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Solvent Recovery
Equipment Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading market
players covered this report comprise names such as Durr MEGTEC, OFRU Recycling,
Sulzer, Progressive Recovery, Spooner AMCEC, HongYi, Maratek Environmental,CMI
Group, Wintek Corporation and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Solvent Recovery
Equipment Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for Solvent Recovery
Equipment Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Solvent Recovery Equipment Market
v
Identification
of key factors driving investment opportunities in the Solvent Recovery
Equipment Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants