VOC Recovery and Abatement Market

The global VOC Recovery and Abatement market was valued at US$ 11000 million in 2023 and is projected to reach US$ 47960 million by 2030, at a CAGR of 23.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of VOC recovery and abatement include Air Products, Linde pl (Praxair), W?rtsil?, Munters, TOYOBO, Taikisha, Nippon Gases, Calgon Carbon Corporation and Condorchem Envitech. Top 5 players occupy for a share about 40%. In terms of product, adsorption by activated carbon is the largest segment, with a share about 30%. In terms of application, petroleum and petrochemical is the largest market, with a share about 24%.
Volatile Organic Compounds (VOCs), as important precursors of ozone and PM2.5, are among the major contributors to current regional composite air pollution. VOCs and the secondary pollutants they form have a negative impact on human health, and some VOCs are also genotoxic and carcinogenic. The largest investment market segment is ?using industries that use VOCs products? (such as textile printing and dyeing, printing, furniture manufacturing, architectural decoration, etc.), including: end-of-line treatment, process improvement and raw material replacement in the printing and coatings industries. Use water-based paints, environmentally friendly inks, environmentally friendly adhesives, etc.).
VOC Recovery and Abatement Market aims to provide a comprehensive presentation of the global market for VOC Recovery and Abatement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding VOC Recovery and Abatement. VOC Recovery and Abatement Market contains market size and forecasts of VOC Recovery and Abatement in global, including the following market information:
Global VOC Recovery and Abatement Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the VOC Recovery and Abatement companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global VOC Recovery and Abatement Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global VOC Recovery and Abatement Market Segment Percentages, by Type, 2023 (%)
Regenerative Thermal Oxidation
Recuperative Thermal Oxidation
Catalytic Oxidation
Adsorption by Activated Carbon
Cryocondensation
Others
Global VOC Recovery and Abatement Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global VOC Recovery and Abatement Market Segment Percentages, by Application, 2023 (%)
Petroleum and Petrochemical
Packaging and Printing
Pharmaceuticals
Food
Plastic and Rubber
Iron and Steel
Coatings and Inks
Others
Global VOC Recovery and Abatement Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global VOC Recovery and Abatement Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies VOC Recovery and Abatement revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies VOC Recovery and Abatement revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Air Products
Linde(Praxair)
W?rtsil?
Munters
TOYOBO
Taikisha
Nippon Gases
Calgon Carbon Corporation
Condorchem Envitech
Conifer Systems
Anguil
ComEnCo Systems
Polaris
Bay Environmental Technology
KVT Process Technology
CECO Environmental
SINOPEC Qingdao Safety Engineering
Naide
ECOTEC
Sinochem Environment Air Pollution Control
WELLE Environmental Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of VOC Recovery and Abatement, market overview.
Chapter 2: Global VOC Recovery and Abatement market size in revenue.
Chapter 3: Detailed analysis of VOC Recovery and Abatement company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of VOC Recovery and Abatement in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.