Market Research Report

VOC Concentrator Market

VOC Concentrator Market Research Report: Size, Share, Trend Analysis Adsorbent Type (Zeolite, Carbon), Application (Paint Finishing, Printing, Electronics & Semiconductors Manufacturing, Chemical Processing, Pharmaceutical Manufacturing, Others) and By Region (South America, North America, Europe, Asia Pacific, Middle East and Africa) - Growth Outlook & Industry Forecast To 2024

Vertical: EnPBase Year: 201710 Sections

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Executive Summary

VOC Concentrator Market — Snapshot

  • 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.

Key Insight

The VOC Concentrator Market market is projected to grow at a CAGR of 6.4% from 2017 to 2024.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: South America, North America, Europe, Asia Pacific, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 2 segments: Zeolite, Carbon. Forecasts are provided for each segment from 2017 to 2024.
  • Competitive Landscape: 15 leading companies are profiled, covering market positioning, strategies, and recent developments.

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VOC Concentrator Market

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