Global VOC Recovery and Abatement Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025

  • ID: 4431747
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • DCL International Inc.
  • Multi Fan Systems Limited
  • Praxair Technology, Inc.
  • The Linde Group
  • VOCZero Ltd.
  • Wartsila Corporation
  • MORE
VOC Recovery and Abatement Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025, the global VOC recovery and abatement market was valued at US$ 483.8 Mn in 2016, and is expected to reach US$ 714.2 Mn by 2025, expanding at a CAGR of 4.5% from 2017 to 2025.

Market Insights

Volatile organic compounds (VOC) recovery units are used to recover vapors of compounds such as natural gas, gasoline and other volatile organic compounds, and store them in a space between the liquid and fixed roof of the storage tanks. Worldwide, government authorities have enforced stringent regulatory norms to limit VOC emission, which is the major factor driving the market growth. Due to high return on investment and low cost of installation, VOCs are widely used in upstream and midstream process. For the downstream process, VOCs are mainly used for petroleum based products. Nevertheless, the demand for VOCs from the downstream process is highly unstable owing to the high cost of installation and fairly matured nature of the market.

The global VOC recovery market is mainly driven by the rising demand of VOCs in oil and gas industry. The VOC recovery units not only provide substantial ecological benefits but also economic advantages, especially for oil and gas producers. Another economical advantage of VOCs recovery units is that, they can be piped to a stripper unit to separate methane and natural gas liquids (NGLs). This becomes significantly beneficial when price and volume for NGLs are attractive. Due to steadily increasing oilfield activities along with enforcement of stringent regulatory norms to limit VOC emissions by the government authorities has boosted the demand for VOC recovery in Asia in the last few years. In addition, increasing popularity of VOCs recovery units owing to its immense environmental and economic benefits is also contributing towards the market growth.

Due to global oil crisis in recent years, key players are impelled to focus on strengthening their distribution and storage capabilities to minimize losses. Some of the major companies operating in the market include The Linde Group, Anguil Environmental Systems, Inc., Climate Technologies Corporation, 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 Corporation, PETROGAS System, Inc., Polaris s.r.l., Air Clear, LLC., Catalytic Products International, Inc., Epcon Industrial Systems LP, and Amcec, Inc.
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2 of 4

FEATURED COMPANIES

  • DCL International Inc.
  • Multi Fan Systems Limited
  • Praxair Technology, Inc.
  • The Linde Group
  • VOCZero Ltd.
  • Wartsila Corporation
  • MORE
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 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)

List of Tables
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)
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  • 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.,
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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