Home / Oil & Gas / VOC Recovery And Abatement Market By Technology (Oxidizers, Filtration Systems, Membranes Separations, Scrubbers And Strippers, Condensation, Adsorbent Systems) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

VOC Recovery And Abatement Market By Technology (Oxidizers, Filtration Systems, Membranes Separations, Scrubbers And Strippers, Condensation, Adsorbent Systems) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

Published: Aug 2017 | Report Code: 58622-08-17

Volatile organic compounds (VOC) recovery units are used to recover vapor of compounds including natural gas, gasoline and several others. In the chemical industry, these units find application primarily in the downstream and upstream processes. Owing to high return on investment and low cost of installation, VOCs are widely used in upstream and downstream process. One of the major factors driving adoption of VOC recovery is stringent environmental legislations enforced to reduce the harmful effects of VOC emission. Stricter legislation by the governments has encouraged many companies to enhance controlling and measuring their solvent emissions. Environmental regulations relating to reduction in emission of hydrocarbon into the atmosphere in order to improve operational safety and air quality is projected to remain the major factor driving the growth of the VOC recovery market.

VOC Recovery And Abatement Market

The report titled “Global VOC Recovery and Abatement Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the global VOC recovery and abatement industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on product type and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. In addition, the report incorporates a separate section highlighting key trends analysis of the overall VOC recovery and abatement market.

In order to help the strategic decision makers, the report also includes profiles of the leading VOC recovery and abatement manufacturers, their business strategies and key developments. Some of the major players profiled in the report are The Linde Group, Anguil Environmental Systems, Inc., Climate Technologies Corp., DCL International Inc., Multi Fan Systems Limited, Praxair Technology, Inc., VOCZero Ltd., Wartsila Corporation, Bay Environmental Technology (Beijing) Co., Ltd, Air Products and Chemicals, Inc., Babcock & Wilcox MEGTEC LLC, TANN Corporation, Baker Furnace, Inc., CECO Environmental Corp, PETROGAS system Inc., Polaris s.r.l., Air Clear, LLC., Catalytic Products International, Inc., Epcon Industrial Systems LP, and Amcec Inc. Further, the report also covers market positioning of the key players operating in the VOC recovery and abatement market. The section further includes a brief analysis on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the VOC recovery and abatement market
  • Market driver, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global VOC recovery and abatement market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2. Executive Summary
2.1 Market Snapshot
2.2 Market Snapshot: Global VOC Recovery and Abatement Market
2.3 Global VOC Recovery and Abatement Market, by Technology, 2016
2.4 Global VOC Recovery and Abatement Market, by Geography, 2016

Chapter 3. Global VOC Recovery and Abatement Market Dynamics
3.1 Overview
3.2 Market Drivers
3.2.1 Stringent government regulations on volatile organic compounds (VOCs) emissions
3.3 Challenges
3.3.1 High cost issues
3.4 Future Prospects
3.4.1 Commercialization of more effective and cost-efficient techniques

Chapter 4. Global VOC Recovery and Abatement Market, by Technology, 2015-2025 (US$ Mn)
4.1 Overview
4.2 Oxidizers
4.3 Filtration Systems
4.4 Membranes Separations
4.5 Scrubbers and Strippers
4.6 Condensation
4.7 Adsorbent Systems
4.8 Others

Chapter 5. Global VOC Recovery and Abatement Market, by Geography, 2015-2025 (US$ Mn)
5.1 Overview
5.2 North America
5.2.1 North America VOC Recovery and Abatement Market Revenue, by Country, 2015-2025 (US$ Mn)
5.2.2 North America VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.2.2.1. U.S. VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.2.2.2. Canada VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3 Europe
5.3.1 Europe VOC Recovery and Abatement Market Revenue, by Country, 2015-2025 (US$ Mn)
5.3.2 Europe VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.1. Germany VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.2. France VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.3. U.K. VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.4. Italy VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.5. Spain VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.3.2.6. Rest of Europe VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.4 Asia Pacific
5.4.1 Asia Pacific VOC Recovery and Abatement Market Revenue, by Country, 2015-2025 (US$ Mn)
5.4.2 Asia Pacific VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.4.2.1. China VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.4.2.2. Japan VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.4.2.3. India VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.4.2.4. Rest of Asia Pacific VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.5 Latin America
5.5.1 Latin America VOC Recovery and Abatement Market Revenue, by Country, 2015-2025 (US$ Mn)
5.5.2 Latin America VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.5.2.1. Brazil VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.5.2.2. Mexico VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.5.2.3. Rest of Latin America VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.6 Middle East and Africa
5.6.1 Middle East and Africa VOC Recovery and Abatement Market Revenue, by Country, 2015-2025 (US$ Mn)
5.6.2 Middle East and Africa VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.6.2.1. GCC VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
5.6.2.2. Rest of Middle East and Africa VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)

Chapter 6. Company Profiles
6.1 The Linde Group
6.2 Anguil Environmental Systems, Inc.
6.3 Climate Technologies Corp.
6.4 DCL International Inc.
6.5 Multi Fan Systems Limited
6.6 Praxair Technology, Inc.
6.7 VOCZero Ltd.
6.8 Wartsila Corporation
6.9 Bay Environmental Technology (Beijing) Co., Ltd
6.10 Air Products and Chemicals, Inc.
6.11 Babcock & Wilcox MEGTEC LLC
6.12 TANN Corporation
6.13 Baker Furnace, Inc.
6.14 CECO Environmental Corp
6.15 PETROGAS system Inc.
6.16 Polaris s.r.l.
6.17 Air Clear, LLC.
6.18 Catalytic Products International, Inc.
6.19 Epcon Industrial Systems LP
6.20 Amcec Inc.

List Of Table :

Table. 1 Market Snapshot: Global VOC Recovery and Abatement Market
Table. 2 Impact Indicators
Table. 3 Impact Analysis of Drivers, Challenges and Future Prospects
Table. 4 North America VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
Table. 5 Europe VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
Table. 6 Asia Pacific VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
Table. 7 Latin America VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
Table. 8 MEA VOC Recovery and Abatement Market Revenue, by Technology, 2015-2025 (US$ Mn)
Table. 9 The Linde Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 10 Anguil Environmental Systems, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 11 Climate Technologies Corp.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 12 DCL International Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 13 Multi Fan Systems Limited.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 14 Praxair Technology, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 15 VOCZero Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 16 Wartsila Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 17 Bay Environmental Technology (Beijing) Co., Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 18 Air Products and Chemicals, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 19 Babcock & Wilcox MEGTEC LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 20 TANN Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 21 Baker Furnace, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 22 CECO Environmental Corp: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 23 PETROGAS system Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 24 Polaris s.r.l.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 25 Air Clear, LLC.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 26 Catalytic Products International, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 27 Epcon Industrial Systems LP: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 28 Amcec Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)

List Of Figures :

FIG. 1 Global VOC Recovery and Abatement Market: Research Methodology
FIG. 2 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Technology, 2016
FIG. 3 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Geography, 2016
FIG. 4 Global VOC Recovery and Abatement Market Revenue Share (Value %), by Technology, 2016 & 2025
FIG. 5 Attractive Investment Proposition, by Technology, 2015
FIG. 6 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Oxidizers, 2015 - 2025
FIG. 7 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Filtration Systems, 2015 - 2025
FIG. 8 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Membranes Separations, 2015 - 2025
FIG. 9 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Scrubbers and Strippers, 2015 - 2025
FIG. 10 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Condensation, 2015 - 2025
FIG. 11 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Adsorbent Systems, 2015 - 2025
FIG. 12 Global VOC Recovery and Abatement Market Revenue (US$ Mn), by Others, 2015 - 2025
FIG. 13 Global VOC Recovery and Abatement Market Share, By Geography, 2016 & 2025 (Value %)
FIG. 14 Attractive Investment Proposition, by Geography
FIG. 15 North America VOC Recovery and Abatement Market Share, By Country, 2016 & 2025 (Value %)
FIG. 16 U.S. VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 17 Canada VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 18 Europe VOC Recovery and Abatement Market Share, By Country, 2016 & 2025 (Value %)
FIG. 19 Germany VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 20 France VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 21 U.K. VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 22 Italy VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 23 Spain VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 24 Rest of Europe VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 25 Asia Pacific VOC Recovery and Abatement Market Share, By Country, 2016 & 2025 (Value %)
FIG. 26 China VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 27 Japan VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 28 India VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 29 Rest of Asia Pacific VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 30 Latin America VOC Recovery and Abatement Market Share, By Country, 2016 & 2025 (Value %)
FIG. 31 Brazil VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 32 Mexico VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 33 Rest of Latin America VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 34 MEA VOC Recovery and Abatement Market Share, By Region, 2016 & 2025 (Value %)
FIG. 35 GCC Countries VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)
FIG. 36 Rest of MEA VOC Recovery and Abatement Market Revenue, 2015 - 2025, (US$ Mn)

 

Based on the technology, the VOC recovery and abatement market is segmented as follows:

  • Oxidizers
  • Filtration Systems
  • Membranes Separations
  • Scrubbers and Strippers
  • Condensation
  • Adsorbent Systems
  • Others

VOC Recovery And Abatement Market

Oxidizers segment holds the largest market share in 2016 at 28.6% and is expected to maintain its dominance throughout the forecast period. Condensation technology is highly attractive segment with the second largest market share. This segment is expected to grow at a rate of 4.7% over the forecast period of 2017 to 2025.This technology is highly effective as it has extremely low volumetric load due to the high cost of liquid nitrogen. Adsorbent systems are projected to witness highest growth over the forecast period. This is primarily attributed to its relatively low operating cost coupled with its ability to handle relatively lean VOC streams and both chlorinated and non-chlorinated streams.

For the purpose of this study, the global VOC recovery and abatement market is categorized into the following geographies and sub-geographies:

  • North America (U.S., Canada)
  • Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe)
  • Asia Pacific (Japan, China, India and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of the Middle East & Africa)

VOC Recovery And Abatement Market

North America and Europe were the largest regional markets for VOC recovery and abatement systems. North America accounted for the largest share of the market and is projected to grow at moderate rate during the forecast period, driven by the stringent government regulations regarding VOC emissions. Europe is another highly attractive region which has been benefiting from the high demand for VOC recovery and abatement from eastern European countries. Asia Pacific is a highly attractive region with the highest growth rate. In 2016, Asia Pacific accounted for the third largest share for VOC recovery and abatement market with revenue share of 17.7%. This growth is attributed to increase in environmental rules and regulations in various Asian countries such as China, India, and Indonesia.

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