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Solvent Recycling-Global Market Insights and Sales Trends 2025
Synopsis
Solvent recycling is the process of taking used, dirty solvents and cleaning them until the solvent is returned to its pure form or to any acceptable specification. Used solvents are placed in a solvent recycler and “put through a process that fractionates and distills them from the chemicals that made them dirty — those introduced to create a reaction with the solvent.” Aside from the positive environmental impact from solvent recycling, a key benefit is cost reduction. Companies don’t need to buy the same amount of solvent, because it can be recycled, and disposal fees are greatly reduced with less of the dirty solvent discarded. This can be true for any segment of industry that uses solvents, including laboratories, auto body shops, paint shops and paint contractors.
In the solvent recycling market, there are three types of vendors. Some companies like Clean Planet Chemical, can offer recycling technology and provide recycling service, and customers are charged for the recycled solvent. The other type is that companies like IST Pure, mainly take selling solvent recycling machines as their key business. The third type is that companies like Maratek Environmental can both provide service and sell machines.
In this report, “Sales (K MT)” means the waste solvent handling volume of companies providing recycling service. And the "Sales Revenue (Million USD)" and "Price (USD/MT)" means the revenue and handling price for the recycling waste solvent respectively.
The global Solvent Recycling market size is expected to reach US$ 1304.3 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Solvent Recycling in various end use industries. The expanding demands from the Printing Industry, Painting & Coating Industry, Oil & Chemical Industry and Pharmaceuticals Industry, are propelling Solvent Recycling market. On-Site Solvent Recycling, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Off-Site Solvent Recycling segment is estimated at % CAGR for the next seven-year period.
The main players including Veolia, Clean Planet Chemical, CycleSolv, Tradebe and Clean Harbors. The top five companies occupied about 55% sales revenue share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solvent Recycling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solvent Recycling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solvent Recycling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solvent Recycling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solvent Recycling covered in this report include Veolia, Clean Planet Chemical, CycleSolv, Tradebe, Clean Harbors, Nippon Refine, Shinko Organic Chemical Industry, Yang Linhong and Maratek Environmental, etc.
The global Solvent Recycling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Veolia
Clean Planet Chemical
CycleSolv
Tradebe
Clean Harbors
Nippon Refine
Shinko Organic Chemical Industry
Yang Linhong
Maratek Environmental
IST Pure
CBG Technologies
Quanzhou Tianlong
Global Solvent Recycling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solvent Recycling market, Segment by Type:
On-Site Solvent Recycling
Off-Site Solvent Recycling
Global Solvent Recycling market, by Application
Printing Industry
Painting & Coating Industry
Oil & Chemical Industry
Pharmaceuticals Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solvent Recycling manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solvent Recycling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Solvent recycling is the process of taking used, dirty solvents and cleaning them until the solvent is returned to its pure form or to any acceptable specification. Used solvents are placed in a solvent recycler and “put through a process that fractionates and distills them from the chemicals that made them dirty — those introduced to create a reaction with the solvent.” Aside from the positive environmental impact from solvent recycling, a key benefit is cost reduction. Companies don’t need to buy the same amount of solvent, because it can be recycled, and disposal fees are greatly reduced with less of the dirty solvent discarded. This can be true for any segment of industry that uses solvents, including laboratories, auto body shops, paint shops and paint contractors.
In the solvent recycling market, there are three types of vendors. Some companies like Clean Planet Chemical, can offer recycling technology and provide recycling service, and customers are charged for the recycled solvent. The other type is that companies like IST Pure, mainly take selling solvent recycling machines as their key business. The third type is that companies like Maratek Environmental can both provide service and sell machines.
In this report, “Sales (K MT)” means the waste solvent handling volume of companies providing recycling service. And the "Sales Revenue (Million USD)" and "Price (USD/MT)" means the revenue and handling price for the recycling waste solvent respectively.
The global Solvent Recycling market size is expected to reach US$ 1304.3 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Solvent Recycling in various end use industries. The expanding demands from the Printing Industry, Painting & Coating Industry, Oil & Chemical Industry and Pharmaceuticals Industry, are propelling Solvent Recycling market. On-Site Solvent Recycling, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Off-Site Solvent Recycling segment is estimated at % CAGR for the next seven-year period.
The main players including Veolia, Clean Planet Chemical, CycleSolv, Tradebe and Clean Harbors. The top five companies occupied about 55% sales revenue share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solvent Recycling, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solvent Recycling market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solvent Recycling market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solvent Recycling sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solvent Recycling covered in this report include Veolia, Clean Planet Chemical, CycleSolv, Tradebe, Clean Harbors, Nippon Refine, Shinko Organic Chemical Industry, Yang Linhong and Maratek Environmental, etc.
The global Solvent Recycling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Veolia
Clean Planet Chemical
CycleSolv
Tradebe
Clean Harbors
Nippon Refine
Shinko Organic Chemical Industry
Yang Linhong
Maratek Environmental
IST Pure
CBG Technologies
Quanzhou Tianlong
Global Solvent Recycling market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solvent Recycling market, Segment by Type:
On-Site Solvent Recycling
Off-Site Solvent Recycling
Global Solvent Recycling market, by Application
Printing Industry
Painting & Coating Industry
Oil & Chemical Industry
Pharmaceuticals Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solvent Recycling manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solvent Recycling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solvent Recycling Market Overview
1.1 Solvent Recycling Product Overview
1.2 Solvent Recycling Market Segment by Type
1.2.1 On-Site Solvent Recycling
1.2.2 Off-Site Solvent Recycling
1.3 Global Solvent Recycling Market Size by Type
1.3.1 Global Solvent Recycling Market Size Overview by Type (2018-2029)
1.3.2 Global Solvent Recycling Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solvent Recycling Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solvent Recycling Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solvent Recycling Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solvent Recycling Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solvent Recycling Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solvent Recycling Sales Breakdown by Type (2018-2023)
2 Global Solvent Recycling Market Competition by Company
2.1 Global Top Players by Solvent Recycling Sales (2018-2023)
2.2 Global Top Players by Solvent Recycling Revenue (2018-2023)
2.3 Global Top Players by Solvent Recycling Price (2018-2023)
2.4 Global Top Manufacturers Solvent Recycling Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solvent Recycling Market Competitive Situation and Trends
2.5.1 Solvent Recycling Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solvent Recycling Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solvent Recycling as of 2022)
2.7 Date of Key Manufacturers Enter into Solvent Recycling Market
2.8 Key Manufacturers Solvent Recycling Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solvent Recycling Status and Outlook by Region
3.1 Global Solvent Recycling Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solvent Recycling Historic Market Size by Region
3.2.1 Global Solvent Recycling Sales in Volume by Region (2018-2023)
3.2.2 Global Solvent Recycling Sales in Value by Region (2018-2023)
3.2.3 Global Solvent Recycling Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solvent Recycling Forecasted Market Size by Region
3.3.1 Global Solvent Recycling Sales in Volume by Region (2024-2029)
3.3.2 Global Solvent Recycling Sales in Value by Region (2024-2029)
3.3.3 Global Solvent Recycling Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solvent Recycling by Application
4.1 Solvent Recycling Market Segment by Application
4.1.1 Printing Industry
4.1.2 Painting & Coating Industry
4.1.3 Oil & Chemical Industry
4.1.4 Pharmaceuticals Industry
4.1.5 Others
4.2 Global Solvent Recycling Market Size by Application
4.2.1 Global Solvent Recycling Market Size Overview by Application (2018-2029)
4.2.2 Global Solvent Recycling Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solvent Recycling Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solvent Recycling Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solvent Recycling Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solvent Recycling Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solvent Recycling Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solvent Recycling Sales Breakdown by Application (2018-2023)
5 North America Solvent Recycling by Country
5.1 North America Solvent Recycling Historic Market Size by Country
5.1.1 North America Solvent Recycling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solvent Recycling Sales in Volume by Country (2018-2023)
5.1.3 North America Solvent Recycling Sales in Value by Country (2018-2023)
5.2 North America Solvent Recycling Forecasted Market Size by Country
5.2.1 North America Solvent Recycling Sales in Volume by Country (2024-2029)
5.2.2 North America Solvent Recycling Sales in Value by Country (2024-2029)
6 Europe Solvent Recycling by Country
6.1 Europe Solvent Recycling Historic Market Size by Country
6.1.1 Europe Solvent Recycling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solvent Recycling Sales in Volume by Country (2018-2023)
6.1.3 Europe Solvent Recycling Sales in Value by Country (2018-2023)
6.2 Europe Solvent Recycling Forecasted Market Size by Country
6.2.1 Europe Solvent Recycling Sales in Volume by Country (2024-2029)
6.2.2 Europe Solvent Recycling Sales in Value by Country (2024-2029)
7 Asia-Pacific Solvent Recycling by Region
7.1 Asia-Pacific Solvent Recycling Historic Market Size by Region
7.1.1 Asia-Pacific Solvent Recycling Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solvent Recycling Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solvent Recycling Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solvent Recycling Forecasted Market Size by Region
7.2.1 Asia-Pacific Solvent Recycling Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solvent Recycling Sales in Value by Region (2024-2029)
8 Latin America Solvent Recycling by Country
8.1 Latin America Solvent Recycling Historic Market Size by Country
8.1.1 Latin America Solvent Recycling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solvent Recycling Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solvent Recycling Sales in Value by Country (2018-2023)
8.2 Latin America Solvent Recycling Forecasted Market Size by Country
8.2.1 Latin America Solvent Recycling Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solvent Recycling Sales in Value by Country (2024-2029)
9 Middle East and Africa Solvent Recycling by Country
9.1 Middle East and Africa Solvent Recycling Historic Market Size by Country
9.1.1 Middle East and Africa Solvent Recycling Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solvent Recycling Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solvent Recycling Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solvent Recycling Forecasted Market Size by Country
9.2.1 Middle East and Africa Solvent Recycling Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solvent Recycling Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Veolia
10.1.1 Veolia Company Information
10.1.2 Veolia Introduction and Business Overview
10.1.3 Veolia Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Veolia Solvent Recycling Products Offered
10.1.5 Veolia Recent Development
10.2 Clean Planet Chemical
10.2.1 Clean Planet Chemical Company Information
10.2.2 Clean Planet Chemical Introduction and Business Overview
10.2.3 Clean Planet Chemical Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Clean Planet Chemical Solvent Recycling Products Offered
10.2.5 Clean Planet Chemical Recent Development
10.3 CycleSolv
10.3.1 CycleSolv Company Information
10.3.2 CycleSolv Introduction and Business Overview
10.3.3 CycleSolv Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CycleSolv Solvent Recycling Products Offered
10.3.5 CycleSolv Recent Development
10.4 Tradebe
10.4.1 Tradebe Company Information
10.4.2 Tradebe Introduction and Business Overview
10.4.3 Tradebe Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tradebe Solvent Recycling Products Offered
10.4.5 Tradebe Recent Development
10.5 Clean Harbors
10.5.1 Clean Harbors Company Information
10.5.2 Clean Harbors Introduction and Business Overview
10.5.3 Clean Harbors Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Clean Harbors Solvent Recycling Products Offered
10.5.5 Clean Harbors Recent Development
10.6 Nippon Refine
10.6.1 Nippon Refine Company Information
10.6.2 Nippon Refine Introduction and Business Overview
10.6.3 Nippon Refine Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nippon Refine Solvent Recycling Products Offered
10.6.5 Nippon Refine Recent Development
10.7 Shinko Organic Chemical Industry
10.7.1 Shinko Organic Chemical Industry Company Information
10.7.2 Shinko Organic Chemical Industry Introduction and Business Overview
10.7.3 Shinko Organic Chemical Industry Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shinko Organic Chemical Industry Solvent Recycling Products Offered
10.7.5 Shinko Organic Chemical Industry Recent Development
10.8 Yang Linhong
10.8.1 Yang Linhong Company Information
10.8.2 Yang Linhong Introduction and Business Overview
10.8.3 Yang Linhong Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yang Linhong Solvent Recycling Products Offered
10.8.5 Yang Linhong Recent Development
10.9 Maratek Environmental
10.9.1 Maratek Environmental Company Information
10.9.2 Maratek Environmental Introduction and Business Overview
10.9.3 Maratek Environmental Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Maratek Environmental Solvent Recycling Products Offered
10.9.5 Maratek Environmental Recent Development
10.10 IST Pure
10.10.1 IST Pure Company Information
10.10.2 IST Pure Introduction and Business Overview
10.10.3 IST Pure Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.10.4 IST Pure Solvent Recycling Products Offered
10.10.5 IST Pure Recent Development
10.11 CBG Technologies
10.11.1 CBG Technologies Company Information
10.11.2 CBG Technologies Introduction and Business Overview
10.11.3 CBG Technologies Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CBG Technologies Solvent Recycling Products Offered
10.11.5 CBG Technologies Recent Development
10.12 Quanzhou Tianlong
10.12.1 Quanzhou Tianlong Company Information
10.12.2 Quanzhou Tianlong Introduction and Business Overview
10.12.3 Quanzhou Tianlong Solvent Recycling Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Quanzhou Tianlong Solvent Recycling Products Offered
10.12.5 Quanzhou Tianlong Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solvent Recycling Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solvent Recycling Industrial Chain Analysis
11.4 Solvent Recycling Market Dynamics
11.4.1 Solvent Recycling Industry Trends
11.4.2 Solvent Recycling Market Drivers
11.4.3 Solvent Recycling Market Challenges
11.4.4 Solvent Recycling Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solvent Recycling Distributors
12.3 Solvent Recycling Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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