Global Volatile Organic Compounds Concentrator Voc Concentrator Market
Tamaño del mercado en miles de millones de dólares
Tasa de crecimiento anual compuesta (CAGR) : %
Período de pronóstico |
2022 –2029 |
Tamaño del mercado (año base) |
USD 2,438.00 Million |
Tamaño del mercado (año de pronóstico) |
USD 3,885.80 Million |
Tasa de crecimiento anual compuesta (CAGR) |
|
Jugadoras de los principales mercados |
Global Volatile Organic Compounds Concentrator (VOC) Concentrator Market, By Adsorbent (Zeolite and Carbon), Application (Paint Finishing, Coating Operations, Electronics and Semiconductors Manufacturing, Chemicals Processing, Pharmaceutical Manufacturing and Others) – Industry Trends and Forecast to 2029
Volatile Organic Compounds Concentrator (VOC) Concentrator Market Analysis and Size
Global volatile organic compounds concentrator (VOC) concentrator market have shown a significant increase in the sales and the growth of the market recently. The simplified operational controls, easy maintenance, low operating and maintenance costs, compact size, and easy on-site installation are some of the factors boosting the demand for VOC concentrators in various industries across the globe.
Global volatile organic compounds concentrator (VOC) concentrator market was valued at USD 2,438.00 million in 2021 and is expected to reach USD 3,885.80 million by 2029, registering a CAGR of 6.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Adsorbent (Zeolite and Carbon),Application (Paint Finishing, Coating Operations , Electronics and Semiconductors Manufacturing, Chemicals Processing, Pharmaceutical Manufacturing and Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Seibu Giken Co.Ltd (Japan), TKS Industrial Company (U.S.), CECO ENVIRONMENTAL (U.S.), The CMM Group (U.S.), Cycle Therm, LLC (U.S.), Condorchem Envitech (U.S), Catalytic Products International (U.S.), Tecam (Spain), Teledyne Tekmar (U.S), Ship and Shore Environmental, Inc. (U.S.), NICHIAS Corporation (Japan), SG America Inc. (U.S.), Taikisha Engineering India Pvt Ltd (Japan) |
Market Opportunities |
|
Market Definition
The volatile organic compounds (VOC) basically produce suspended particulate matters and photochemical oxidants. There are numerous types of VOCs. For instance, toluene and benzene are discharged during the painting procedure in printing factories. The VOC concentrator is an activated carbon or zeolite adsorption system that is designed to capture and destroy VOCs and harmful air pollutants from industrial process exhausts.
Global Volatile Organic Compounds Concentrator (VOC) Concentrator Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Awareness of Environmental Issues
The increased awareness of environmental issues and the enforcement of strict rules and regulations by regulatory authorities are the key drivers of the volatile organic compounds concentrator (VOC) concentrator market. These rules and regulations are motivating to install pollution free devices. This in turn, is considerably resulting in growth of the volatile organic compounds concentrator (VOC) concentrator market globally.
- Rapid Industrialization
The significant increase in the call for automotive, aerospace, semiconductor, spray coating is projected to bring a significant growth in the market. Furthermore, pharmaceutical industries are also using VOC concentrators, which has fostered the market's overall growth rate over the forecast period. Growing preferences for volatile organic compound concentrators is estimated to positively impact the volatile organic compounds concentrator (VOC) concentrator market's growth rate during the forecast period.
Opportunities
- Increasing Dependence on Volatile Organic Compounds Concentrator
The increasing dependence on volatile organic compound concentrators is estimated to generate lucrative opportunities for the market, which will further expand the volatile organic compounds (VOC) concentrator market's growth rate in the future. Major strategic developments are taking place in the market which includes quite compelling and easy solutions. The expansion of the market in the emerging economies such as India, China and Brazil is thereby, increasing the sales across the globe.
- Technical Innovations
Additionally, the technical innovations in the volatile organic compound concentrator market further offer numerous growth opportunities within the market. Automotive and paintings & coatings segments are expected to dominate the global volatile organic compound concentrator market during the forecast period due to high demand for these concentrators in these industries and thus, will be in greater demand in due to these technical innovations as it improves the operational productivity.
Restraints/Challenges
- Data Privacy Concerns
The need to neutralize the generated benzene and toluene during printing process of VOC concentrators is becoming a complicated process and may result in retarding the market growth further hence, can be recorded as a major restrain for the market.
This volatile organic compounds concentrator (VOC) concentrator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the volatile organic compounds concentrator (VOC) concentrator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Global Volatile Organic Compounds Concentrator (VOC) Concentrator Market
The rapid COVID-19 proliferation has a negative impact on the market for Volatile organic compounds concentrator. Companies in the volatile organic compounds concentrator market have developed effective solutions in a matter of months as a result of the abrupt shift in working conditions. Factors such as the risk of uninterrupted production, supply chain, distribution, lack of workforce employees, and much-decreased development activities have primarily affected the ongoing demand and supply. Major strategic developments in the post-covid era are taking place in the volatile organic compounds concentrator market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Volatile Organic Compounds Concentrator (VOC) Concentrator Market Scope
The volatile organic compounds concentrator (VOC) concentrator market is segmented on the basis of adsorbent and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Adsorbent
- Zeolite
- Carbon
Application
- Paint Finishing
- Coating Operations
- Electronics and Semiconductors Manufacturing
- Chemicals Processing
- Pharmaceutical Manufacturing
- Others
Global Volatile Organic Compounds Concentrator (VOC) Concentrator Market Regional Analysis/Insights
The volatile organic compounds concentrator (VOC) concentrator market is analyzed and market size insights and trends are provided by adsorbent and application as referenced above.
The countries covered in the volatile organic compounds concentrator (VOC) concentrator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the volatile organic compounds concentrator (VOC) concentrator market because of the high adoption of technology in the advancing countries within the region over the forecast period. Moreover, the presence of the global players in this particular region is further estimated to accelerate the expansion over the forecast period.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increasing rapid industrialization within the developing countries such as China and India. The significant increase in the call for the VOC concentrator workload is also a major contributor to the regional market expansion.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Volatile Organic Compounds Concentrator (VOC) Concentrator Market Share Analysis
The volatile organic compounds concentrator (VOC) concentrator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to volatile organic compounds concentrator (VOC) concentrator market.
Some of the major players operating in the volatile organic compounds concentrator (VOC) concentrator market are:
- Seibu Giken Co.Ltd (Japan)
- TKS Industrial Company (U.S.)
- CECO ENVIRONMENTAL (U.S.)
- The CMM Group (U.S.)
- Cycle Therm, LLC (U.S.)
- Condorchem Envitech (U.S)
- Catalytic Products International (U.S.)
- Tecam (Spain)
- Teledyne Tekmar (U.S)
- Ship and Shore Environmental, Inc. (U.S.)
- NICHIAS Corporation (Japan)
- SG America Inc. (U.S.)
- Taikisha Engineering India Pvt Ltd (Japan)
SKU-
Obtenga acceso en línea al informe sobre la primera nube de inteligencia de mercado del mundo
- Panel de análisis de datos interactivo
- Panel de análisis de empresas para oportunidades con alto potencial de crecimiento
- Acceso de analista de investigación para personalización y consultas
- Análisis de la competencia con panel interactivo
- Últimas noticias, actualizaciones y análisis de tendencias
- Aproveche el poder del análisis de referencia para un seguimiento integral de la competencia
Metodología de investigación
La recopilación de datos y el análisis del año base se realizan utilizando módulos de recopilación de datos con muestras de gran tamaño. La etapa incluye la obtención de información de mercado o datos relacionados a través de varias fuentes y estrategias. Incluye el examen y la planificación de todos los datos adquiridos del pasado con antelación. Asimismo, abarca el examen de las inconsistencias de información observadas en diferentes fuentes de información. Los datos de mercado se analizan y estiman utilizando modelos estadísticos y coherentes de mercado. Además, el análisis de la participación de mercado y el análisis de tendencias clave son los principales factores de éxito en el informe de mercado. Para obtener más información, solicite una llamada de un analista o envíe su consulta.
La metodología de investigación clave utilizada por el equipo de investigación de DBMR es la triangulación de datos, que implica la extracción de datos, el análisis del impacto de las variables de datos en el mercado y la validación primaria (experto en la industria). Los modelos de datos incluyen cuadrícula de posicionamiento de proveedores, análisis de línea de tiempo de mercado, descripción general y guía del mercado, cuadrícula de posicionamiento de la empresa, análisis de patentes, análisis de precios, análisis de participación de mercado de la empresa, estándares de medición, análisis global versus regional y de participación de proveedores. Para obtener más información sobre la metodología de investigación, envíe una consulta para hablar con nuestros expertos de la industria.
Personalización disponible
Data Bridge Market Research es líder en investigación formativa avanzada. Nos enorgullecemos de brindar servicios a nuestros clientes existentes y nuevos con datos y análisis que coinciden y se adaptan a sus objetivos. El informe se puede personalizar para incluir análisis de tendencias de precios de marcas objetivo, comprensión del mercado de países adicionales (solicite la lista de países), datos de resultados de ensayos clínicos, revisión de literatura, análisis de mercado renovado y base de productos. El análisis de mercado de competidores objetivo se puede analizar desde análisis basados en tecnología hasta estrategias de cartera de mercado. Podemos agregar tantos competidores sobre los que necesite datos en el formato y estilo de datos que esté buscando. Nuestro equipo de analistas también puede proporcionarle datos en archivos de Excel sin procesar, tablas dinámicas (libro de datos) o puede ayudarlo a crear presentaciones a partir de los conjuntos de datos disponibles en el informe.