Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Solvent Recycling Market Outlook
The global solvent recycling market size reached a value of approximately USD 863.73 million in 2023. The market is expected to grow at a CAGR of 5.0% between 2024 and 2032, reaching a value of USD 1339.93 million by 2032.
Key Trends in the Market
Solvent recycling is a waste reduction method which recovers and reuses solvents that have been processed, converting the solvents into a pure form to create new products or solutions. This process can be used for various products such as polyethylene, polyethylene terephthalate, and polypropylene.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
- Rising concern of the people towards sustainability is increasing the demand for solvent recycling process as it reduces the cost of fresh solvents, carbon footprints, pollution, and also helps save both time and money.
- Governments of various countries are issuing strict regulations and policies on waste management in order to promote circular economy. This is enhancing the adoption of recycling processes and further contributing to the solvent recycling market growth.
- Advancements and developments in solvent recycling technology is helping industries obtain higher solvent recovery yield and reducing waste volumes, supporting the growth of the market for solvent recycling.
Global Solvent Recycling Market Analysis
Based on product, the market is segmented into polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, and polystyrene. On the basis of application, the market is divided into building and construction, packaging, electrical and electronics, textiles, and automotive, among others. By region, the solvent recycling market segmentation is North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global solvent recycling market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Solvay S.A.
- Sulzer Ltd
- Trinseo
- Procter & Gamble
- APK AG
- Fraunhofer Society
- PS LOOP B.V.
- PureCycle Technologies, Inc.
- saperatec GmbH
- OFRU Recycling
- Others
Global Solvent Recycling Market Share by Application
Building and construction applications are expected to account for a sizable share of the market for solvent recycling owing to the rising use of solvents in adhesives, paints, and coatings. Solvent recycling is also used with the sealants to improve the overall properties of sealants and make its application easier. Rising disposable income and growing urbanisation has resulted in an increased demand for building and construction which has also increasing the cleaning and degreasing activities where solvents are widely used.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Global Solvent Recycling Market Share by Region
Asia Pacific is anticipated to hold a significant share of the market for solvent recycling, supported by rapid industrialisation and presence of a large number of end use industries such as building and construction, automotive, and textiles, among others. Stringent regulations issued by the government of various countries regarding the protection of the environment are increasing the demand for solvent recycling. A strong manufacturing base in the region also generates high volumes of solvents, which benefit from solvent recycling processes.
Competitive Landscape
Solvay S.A. was founded in 1863 and is headquartered in Brussels, Belgium. A chemicals company, Solvay is known for manufacturing materials such as specialty polymers, chemical materials, and essential chemicals, among others.
Sulzer Ltd. is an engineering company that was founded in 1834. Headquartered in Winterthur, Switzerland, the company specialises in sustainable pumping, mixing, agitation, application, and separation technologies.
Trinseo was established in 2010 and has its headquarters located in Pennsylvania in the United States. This manufacturing company provides specialty material solutions to other companies in an innovative and sustainability-focussed manner.
Other market players include Procter & Gamble, APK AG, Fraunhofer Society, PS LOOP B.V., PureCycle Technologies, Inc., saperatec GmbH, and OFRU Recycling, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market for solvent recycling reached a value of approximately USD 863.73 million in 2023.
The market is expected to grow at a CAGR of 5.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1339.93 million by 2032.
The key drivers in the market are rising focus of industries towards sustainability, increasing initiatives of various government to promote a circular economy and cost-effectiveness of the solvent recycling process.
The key trends of the market are technological advancements, increasing production of solvents, and growing applications of solvent recycling.
The various applications of solvent recycling are building and construction, packaging, electrical and electronics, textiles, and automotive, among others.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the solvent recycling market, according to the report, are Solvay S.A., Sulzer Ltd, Trinseo, Procter & Gamble, APK AG, Fraunhofer Society, PS LOOP B.V., PureCycle Technologies, Inc., saperatec GmbH, and OFRU Recycling, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124