Recycling and reusing the solvent is an essential requirement of any industry because it saves money required for purchasing new solvents. Thus, solvent recovery systems are essential and important from productivity prospective for any industry. A solvent recovery system includes the process of extracting valuable and useful materials from waste or by-product solvents which are generated during the manufacturing process. The chemicals which are being recovered and recycled by the solvent recovery systems are repurposed by the industries by eliminating waste and removing hazardous substances from the leftover substances. With the development of industries, the associated solvent recovery systems also need to be renovated. Thus, the solvent recovery system is expected to have better growth opportunities during the forecast period.
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Solvent Recovery Systems Market: Key Players
Some key players in the solvent recovery systems market are EPIC Modular Process Systems, DALAL ENGINEERING, CMI Group, Veolia, Finepac Structures Pvt. Ltd, SRS Engineering Corporation, Chemoxy International Ltd, BOUL INDUSTRIEL, Maratek Environmental Inc., CBG Biotech, Clean Planet Chemical, TRADEBE, and CycleSolv. These players are expected to highly influence the solvent recovery systems market during forecast period.
Solvent Recovery Systems Market: Segmentation
Solvent recovery systems market can be segmented as follows:
Segmentation of the solvent recovery systems market on the basis of type of solvent that can be recovered:
- Non-azeotropic Solutions
- Aqueous non-azeotropic solutions
- Heterogeneous Azeotropic solutions
- Aqueous Homogeneous Azeotropic solutions
Segmentation of the solvent recovery systems market on the basis of solvent recovery technologies:
- Fractionation
- Azeotropic Distillation
- Extractive Distillation
Segmentation of the solvent recovery systems market on the basis of component:
- System
- Accessories
Segmentation of the solvent recovery systems market on the basis of End Use:
- Pharmaceutical
- Electronics
- Agrochemicals
- Chemical
- Cosmetics
- Others
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Report Highlights
- Detailed overview of the parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint.
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