The term solvent recovery is the process of recovery and recycling of solvents or extraction of essential materials from solvents generated during the manufacturing process. The solvent recovery unit refers to the recycling of solutions or the recovering of waste solvents that have been used in the material extraction process. The group of recovering solvent uses the process of a state-of-the-art distillation along with automated monitoring for regaining the solvents that involve in cleaning operations. The contaminants of the process heat a used solvent in a tank until it touches the boiling point, then the solvent tends to vaporize and then separated from its contaminants.
Distillation method is the most common method adopted by the solvent recovery unit, whereas the filtration used to remove solids or contaminants that are not easily dissolved in the liquids. The recovering unit needs to control the extraction of volatile organic compounds that are generated from an organic solvent involved in the chemical production processes. And some are also generated by the dispersion paints, coatings, printing and cleaning activities.
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Key Players
Koch Modular Process Systems
Wintek Corporation
Cooper Technology
Sulzer
Dürr Group
Progressive Recovery
CBG Biotech
Controls Group
OFRU Recycling
SRS Engineering Corporation
KOBEX
Maratek Environmental
CB Mills
Spooner Industries
Wiggens
The emitted compound can be harmful to the environment, and the cost of the material is the significant restrainers of the solvent recovery unit. The recovering method includes condensation, adsorption, and cooling. The chemical solvents have characteristics of volatile liquid and pressure-temperature. This process is an alternative to solvent replacement that reduces waste generation. The demand for this process is rising due to the availability of equipment for all kinds of operations, including small operations, batch operations, and recovery of solvents is a commercial preference.
Market Segmentation
The Global market of the solvent recovery unit has segmented primarily depending on their product type that collectively includes compressor and vacuum. The compressor is involving liquid ring, centrifugal, reciprocating, rotary screw, and the vacuums are a liquid ring and dry pumps.
According to the report, in the year 2018, the liquid ring compressor holds a 7.08% share of the global market, which is accounted to reach 78.6 million US$ by 2025 from 68.7 million US$ during the forecasted period.
Geographical Regions
Based on the region, the global industry of the solvent recovery unit market includes the regions of Asia-Pacific, especially China, Vietnam, Malaysia, Singapore, Thailand, Japan, and South Korea. And many other regions are the United States of America, Canada, from North America. Brazil, Mexico, and several states from South America. Germany, France, the UK, Scandinavia, Italy, Spain, from Europe. And the United Arab Emirates, Saudi Arabia, Turkey, Egypt, South Africa, and GCC Countries from the Middle East and Africa.
Industry News
The Global solvent recovery unit market is expecting to gain 118.4 M USD by 2025 at a Compound Annual Growth Rate (CAGR)of 2.65%, which is more than its expectations. The Global Market for the solvent recovery unit was recorded to be moving at a higher positive side in the year 2018. The forecast period of the solvent recovery unit market is term as 2019-2024.
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Table Of Content:
1 Market Overview
2 Company Profiles
3 Market Competition, by Players
4 Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East & Africa Revenue by Countries
10 Market Size Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2021-2025)
13 Research Findings and Conclusion
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