Vertical: EnP
Market Size (2017)
$71.25M
Projected (2024)
$109.85M
CAGR (2017–2024)
6.4%
Key Players
15+
The demand for VOC concentrators is growing rapidly owing to various factors, including the increasing focus on VOC emission standards and rapid industrialization in developing economies across the globe.
The global VOC concentrator market is projected to grow at 6.40% CAGR during the forecast period, 2018–2024. In 2018, the global VOC concentrator market was led by North America with a 40.05% share, followed by Europe and Asia-Pacific with shares of 29.47% and 21.18%, respectively.
The global VOC concentrator market has been segmented based on adsorbent type, application, and region. On the basis of adsorbent type, the global market has been divided into carbon and zeolite. The zeolite segment is expected to grow at the faster rate during the forecast period. In 2018, the zeolite segment held a 61.95% share of the global VOC concentrator market. On the basis of application, the global market has been segmented into paint finishing, printing, electronics & semiconductor manufacturing, chemicals processing, pharmaceuticals manufacturing, and others. The paint finishing segment is expected to grow at the fastest rate during the forecast period. In 2018, the paint finishing segment held a 23.63% share of the global VOC concentrator market.
The VOC Concentrator Market market is projected to grow at a CAGR of 6.4% from 2017 to 2024.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansVolatile Organic Compounds (VOCs) are organic chemical compounds that are emitted by paints, solvents, adhesives, aerosol sprays, and dry-cleaning fluids, among others. VOC concentrator is a pollution abatement technique designed to control and eliminate these VOCs and hazardous air pollutants from industrial exhaust systems. VOC concentrators are generally installed in those applications, which have a combination of high air volume and low inlet concentration solvents. These concentrators consist of primarily three phases, namely, adsorbing, desorbing, and thermal oxidation. The main advantages of VOC concentrators are their low ownership cost, low operation and maintenance costs, and compact sizes. VOC concentrators are used mostly in industries such as automotive, chemical, electronics & semiconductors, food & beverage, painting, printing, pharmaceutical, and chemical.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
—
Historical Period
2017 – 2024
Forecast Period
2017 – 2024
Primary Interviews
150+
Historical performance and future projections
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
The global VOC concentrator market is characterized by the presence of many global, and local vendors. The market is highly competitive with all the players competing to gain a larger market share. Intense competition, rapid advances in technology, rising industrial automation, frequent changes in government policies, and environmental regulations are key factors that drive the market growth. The vendors compete based on cost, product quality, reliability, and aftermarket services. It is crucial for the vendors to offer cost-effective and high-quality products in order to survive and succeed in a competitive market.
The growth of the market vendors is dependent on the market conditions, government support, and industry development. The market players in VOC concentrator market are taking steps to expand their presence, globally. Seibu Giken Co. Ltd. (Japan), Anguil Environmental (US), TKS Industrial Company (US), CECO Environmental (US), The CMM Group, LLC (US), Munters (Sweden), Filtrační technika (Chez Republic), Cycle Therm, LLC (US), Gulf Coast Environmental Systems (US), Condorchem Envitech (Spain), Ship and Shore Environmental, Inc (US), Catalytic Products International, Inc (US), Tecam Group (Spain), Teledyne Technologies (US), and Sang Won Machinery Co., Ltd (South Korea) are the key companies operating in the global VOC concentrator market. These companies compete in terms of availability, quality, price, and technology. Although the international players are dominating the market, local players with small market shares have a considerable presence. The international players may strengthen their presence in the market through acquisitions during the forecast period.
Threat of New Entrants
There are many existing manufacturers offering cost competitive products to end users. Additionally, there are numerous local manufacturers spread, across the globe, who offer low cost products to end users. VOC concentrators are manufactured to suit various industrial applications, such as paint finishing, electronics, manufacturing, chemicals, semiconductors, and pharmaceuticals. The capital requirement for new entrants is moderate as the cost of manufacturing for VOC concentrators is moderate. VOC concentrators manufacturing involves high R&D investment to enhance productivity of the equipment. However, the technological complexity involved in manufacturing VOC concentrator is low, as the parts of the equipment can be assembled with ease. This restrains the entry of new players in the VOC concentrator market to an extent. Hence, the threat of new entrants in the global VOC concentrator market is moderate.
Bargaining Power of Suppliers
There is a moderate supplier concentration in the market due to the several local and international suppliers in the global VOC concentrator market, who offer products to end users at competitive prices. As there are substantial number of suppliers in the market and the cost of switching suppliers is low, the bargaining power of suppliers is expected to range between moderate and low.
Threat of Substitutes
There are no close substitutes in the VOC concentrator market. So, the market players do not face much threat from substitutes, making the threat of substitutes, low.
Bargaining Power of Buyers
There are many players in the global VOC concentrator market. This gives the buyers, numerous options for choosing based on factors such as capacity, working, and price. Furthermore, there are various end-use industries that are being offered these VOC concentrators, making the buyer concentration high. The switching cost for buyers will be low as the buyers can choose from many suppliers. Thus, the bargaining power of buyers is projected to be moderate.
Rivalry
There are numerous players, such as Seibu Giken Co. Ltd, Anguil Environmental, TKS industrial Company, CECO Environmental, The CMM Group LLC, and Munters, who develop high-quality VOC concentrator for efficient operations. The global VOC concentrator market is expected to grow at a significant rate as growing technological innovations are reducing the prices of the products for clients. Furthermore, there are other key players, namely, Filtrační technikais, Cycle Therm, LLC, Gulf Coast Environmental Systems, and Condorchem Envitech that are leading in the global VOC concentrator market. The players in the market are investing heavily in the VOC concentrator market. Therefore, the competition between these players is high. Such factors make the intensity of rivalry in the global VOC concentrator market, high.
Market estimates by geography (2024)
InsightNorth America leads with $44.31M by 2024, while Asia Pacific is projected to grow fastest at a 6.9% CAGR.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription Plans| REGION | 2017 | 2017 | 2024 | CAGR | SHARE |
|---|---|---|---|---|---|
| South America | $2.93M | $3.49M | $4.09M | 4.9% | 4% |
| North America | $28.52M | $36.69M | $44.31M | 6.5% | 40% |
| Europe | $20.99M | $26.73M | $31.97M | 6.2% | 29% |
| Asia Pacific | $15.06M | $19.58M | $24.05M | 6.9% | 22% |
| Middle East and Africa | $3.75M | $4.65M | $5.44M | 5.5% | 5% |
| Total | $71.25M | $91.14M | $109.86M | 6.4% | 100% |
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansTotal Market Size
$109.85M
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Zeolite | $68.94M | 6.6% | 63% |
| Carbon | $40.91M | 6.0% | 37% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSee plans for professionals or small and medium businesses.
Analytical insights on VOC Concentrator Market covering market dynamics, competitive landscape, and strategic outlook.
The VOC Concentrator Market market is projected to reach $109.85M by 2024, growing at 6.4% CAGR. The Zeolite segment holds the largest share.
The global VOC concentrator market has evolved in the last few decades due to the technological advancements in the particulate collection and elimination techniques. The focus on VOC emission standards and industrialization in Asia-Pacific are driving the global VOC concentrator market.
VOCs have an adverse impact on both humans and the environment. VOCs and nitrogen that cause industrial and vehicular emissions react to form particulate matter that result in the occurrence of smog. Smog irritates the eyes, nose, and throat. The patients suffering from lung and heart problems, children, and the geriatric population face the highest risk due to smog. The chemical reaction between VOCs and nitrogen oxides and sunlight lead to the formation of ozone, which is a key greenhouse gas and a major determinant for climate change. The below figure depicts the global temperature variation in the past decades since the 1900s.
The global average temperature is expected to increase further in the next few years. Over the past decade, government bodies have standardized numerous regulations to reduce VOC emissions, globally to regulate emissions from automobiles, factories, and other VOC producing products. As commercial product manufacturers have increased at a rapid pace, regulations have been standardized, and manufacturing plants are regularly monitored to control VOC emissions. Sustainable development is a major growth strategy followed by all leading companies, who are increasingly focusing on reducing VOC emissions. VOC concentrators are used to collect and eliminate volatile organic compounds, which can form harmful compounds after reacting with nitrous oxide and other compounds in the atmosphere. Following the regulations would improve the product rating of the clients. This encourages end users to procure and install equipment, which adds to the market growth. Thus, the focus on VOC emission standards is expected to drive the global VOC concentrator market during the forecast period.
VOC emissions have become an issue for many emerging countries as these emissions contribute to the increasing pollution in the atmosphere. In the countries of India and China, smaller cities contribute to the national economy through the presence of small-scale industries, which cater to the local markets. Additionally, countries in Africa are quickly emerging as production bases for major manufacturers worldwide due to the low operational costs and the high availability of cost-effective raw materials. For instance, in December 2018, Nissan Motor Company (Japan) announced that it is planning to open two new plants in Algeria and Ghana, due to the increasing regional demand for its vehicles.
An increasing number of manufacturing plants and small-scale factories in emerging economies and the rising VOC emissions has led to the rising need for pollution control methods across the globe. Moreover, the growing adoption of these emission control methods can reduce the levels of VOC emissions. Various stringent regulations adopted by developed countries have significantly reduced VOC emissions. For instance, the U.S. EPA regulates VOCs at a federal level through 40 CFR 59. There are many countries around the world where less VOC emission control methods are being adopted. This creates an opportunity for the players operating in the global VOC concentrator market, enabling them to tap into these markets.
Rapid industrialization and urbanization in developing countries have raised the concern of hazardous chemicals, including VOCs, which are released from the industries causing various health issues. The increasing health issues related to VOC emissions have compelled the industries to adopt certain emission control methods to control these harmful emissions. VOC emission standards have been witnessing an increasing adoption rate in developing countries to reduce the impact of VOCs emitted by the industries. In India, the Central Pollution Control Board regulates the permissible VOC emissions for various emitting sources. However, the adoption of similar standards is slow in smaller cities due to the absence of regulatory authorities in smaller cities, such as Tuticorin, Jaipur, and Darbhanga. The adoption rate of VOC emission standards is slow in smaller cities as the small-scale businesses cannot procure such expensive products. Additionally, developing countries such as China and India host many small-scale business operators, for which the installation of VOC abatement systems is not financially feasible. Moreover, less emission control methods being adopted within the industries is the main reason for growing VOC emissions in developing countries. Hence, the lack of regulatory authorities at a regional level is expected to restrain the growth of the global VOC concentrator market during the forecast period.
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Profiles of 110 companies operating in the VOC Concentrator Market market, including revenue, employee count, and market positioning where available.
Showing 110 of 110 companies
CECO Environmental is the leading provider in industrial air quality and fuel handling systems. The company has three business segments, namely, energy solutions segment, industrial solutions segment, and fluid handling solutions segment. The company offers VOC concentrators under the industrial solution segment. Some of the other products under this segment are dampers & diverters, fume capture & exhaust systems, gas turbine exhaust, industrial cyclones, metal strip & coil cooling & drying, oxidizers, scrubbers, and separators. The company has presence in countries, such as US, the UK, India, Germany, the UAE, Canada, China, Hongkong, Chile, and Singapore. Some of the company’s major subsidiaries are Aarding Thermal Acoustics B.V. (the Netherlands), Burgess Manning Pvt. Ltd. (India), CECO Environmental S de RL de CV (Mexico), Burgess-Manning Gmbh (Germany), CECO Environmental Middle East (UAE), Fisher-Klosterman-Buell Shanghai Co. Ltd (China), and Peerless Europe, Ltd (UK). Some of its competitors are Munters (Sweden), Fuel Tech Inc. (US), and Donaldson Company, Inc. (US).
Tecam Group is one of the leading environmental pollution treatment suppliers for the reduction of VOCs that meet the requirements of painting, printing, microelectronics manufacturing, and chemical manufacturing applications. The company offers tailor made cleantech solutions for painting booths, printing, industrial finishing, chemical processes, coating, plastic and rubber production, microelectronics, and other applications as per the technical requirements. The company offers products under two categories, namely, exhaust air treatment and industrial waste incineration. The products offered under exhaust air treatment are RTOs, regenerative catalytic oxidizers, and zeolite rotor-concentrators with RTOs. Tecam Group has its sales representative offices located in Chile, China and Iran. Some of the industries served by the company are pharmaceutical, chemical, and automotive industries. Its competitors include Munters (Sweden), Condorchem Envitech (Spain), and Ship and Shore Environmental, Inc (US).
Condorchem Envitech provides water, effluent, and air emission treatment solutions for a wide range of industries including paint, iron & steel, food, paper, and plastic. It also offers construction, installation, and maintenance of goods for the treatment of wastewater and air. It offers VOC concentrators under the air treatment segment. The company also provides NOx purification treatment, inorganic compound treatment, odor treatment, and purification of dust or aerosol emissions. The company provides various pollution treatment solutions including regenerative thermal oxidation, recuperative thermal oxidation, catalytic oxidation, activated carbon filters, photo oxidation, scrubbers, catalytic reduction, cyro-condensation and other air treatment solutions. Furthermore, it offers different products related to water treatment, waste valorisation, and wastewater evaporators, and services, such as brine treatment, oily water treatment, liquid waste treatment, and biogas treatment. Condorchem Envitech has its wastewater and air treatment plants in 30 countries including the US, the UK, Spain, England, France, California, Germany, Italy, Belarus, Sweden, China, Saudi Arabia, Singapore, Indonesia, Australia, and Mexico. The company has its sales offices in countries, such as the US, England, Spain, France, and Mexico. The company’s clientele covers companies such as Siemens (Germany), CEMEX (Mexico), Mercedes-Benz (Germany), American Regent, Inc. (US), and Almirall (Spain).
Gulf Coast Environmental Systems is a provider of environmental abatement solutions including waste to energy technology, industrial air pollution treatment systems, and thermal processing. It provides products and services related to industrial air pollution control systems, thermal processing, waste to energy solutions, and plant services, engineering & consulting. The company offers VOC concentrators under air pollution control equipment as part of the product segment. Some of its other products are generator sets, industrial ovens & furnaces, waste heat recovery, control systems, refurbished equipment, pipeline metering and oilfield skids, and dust collectors. Gulf Coast Environmental Systems provides pollution control systems in the US, Australia, Mexico Canada, Indonesia, Singapore, the UAE and China. It has its research and development center at Illinois, and the energy development division primarily functions in California, US. Anguil (US), CECO Environmental (US) and Munters (Sweden) are some of its major competitors in the market.
Filtrační technika designs, manufactures, installs and services air pollution control systems. Apart from product zeolite rotor concentrators, some of the other products offered by the company are RTOs, regenerative catalytic oxidizers, recuperative thermal oxidizers, recuperative catalytic oxidizers, direct fired thermal oxidizers, and absorbers with active carbon. Filtrační technikais caters to the requirements of automotive, chemical, food, printing, pharmaceutical, electronics, composites, and paint/paint spray applications.
TKS Industrial Company is a subsidiary of Taikisha Limited, Japan. TKS is one of the globally leading companies in design, manufacture, and installation of paint finishing systems and pollution abatement systems for automotive and other industries. The company is a contractor for industrial ovens, paint booths, and other paint systems & equipment. Besides VOC concentrators, some of the products offered by the company are paint systems, paint booths, industrial ovens, thermal oxidizers, and RTOs. Some of the major clients of the company are the top 500 Fortune companies, such as Toyota, Nissan, Honda, Ford, Kia, Subaru, Harley Davidson, the Boeing Company, and Semi-truck manufacturers. Some of the subsidiaries of the company are Encore Automation LLC (US), Taikisha Canada Inc. (Canada), and Taikisha de Mexico, S.A. de C.V. (Mexico).
Powering the world's best teams.
From next-gen startups to established enterprises.
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Historical performance and future projections (2020–2030, USD Billion)
Market Size (USD Mn)
