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Report Overview
The global solvent recycling market size reached a value of approximately USD 863.73 Million in 2024. The market is expected to grow at a CAGR of 5.00% between 2025 and 2034, reaching a value of USD 1406.93 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Million
5%
2025-2034
Solvent Recycling Market Outlook
*this image is indicative*
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.
- 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.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Global Solvent Recycling Market Segmetation
"Solvent Recycling Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments
Market Breakup by Product
- Polyethylene
- Polyethylene Terephthalate
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
Market Breakup by Application
- Building and Construction
- Packaging
- Electrical and Electronics
- Textiles
- Automotive
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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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.
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
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.
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.
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
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.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Procter & Gamble, APK AG, Fraunhofer Society, PS LOOP B.V., PureCycle Technologies, Inc., saperatec GmbH, and OFRU Recycling, among others.
*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.*
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Key Questions Answered in the Report
The market for solvent recycling reached a value of approximately USD 863.73 Million in 2024.
The market is expected to grow at a CAGR of 5.00% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 1406.93 Million by 2034.
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.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| 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 |
|
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