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Global Solvent Recycling Market Research Report 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 was valued at US$ 981.2 million in 2023 and is anticipated to reach US$ 1304.3 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
The main players including Veolia, Clean Planet Chemical, CycleSolv, Tradebe and Clean Harbors. The top five companies occupied about 55% sales revenue share.
This report aims to provide a comprehensive presentation of the global market for Solvent Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solvent Recycling.
Report Scope
The Solvent Recycling market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solvent Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solvent Recycling manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Veolia
Clean Planet Chemical
CycleSolv
Tradebe
Clean Harbors
Nippon Refine
Shinko Organic Chemical Industry
Yang Linhong
Maratek Environmental
IST Pure
CBG Technologies
Quanzhou Tianlong
Segment by Type
On-Site Solvent Recycling
Off-Site Solvent Recycling
Segment by Application
Printing Industry
Painting & Coating Industry
Oil & Chemical Industry
Pharmaceuticals Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solvent Recycling manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solvent Recycling by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solvent Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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 was valued at US$ 981.2 million in 2023 and is anticipated to reach US$ 1304.3 million by 2030, witnessing a CAGR of 4.1% during the forecast period 2024-2030.
The main players including Veolia, Clean Planet Chemical, CycleSolv, Tradebe and Clean Harbors. The top five companies occupied about 55% sales revenue share.
This report aims to provide a comprehensive presentation of the global market for Solvent Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solvent Recycling.
Report Scope
The Solvent Recycling market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solvent Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solvent Recycling manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Veolia
Clean Planet Chemical
CycleSolv
Tradebe
Clean Harbors
Nippon Refine
Shinko Organic Chemical Industry
Yang Linhong
Maratek Environmental
IST Pure
CBG Technologies
Quanzhou Tianlong
Segment by Type
On-Site Solvent Recycling
Off-Site Solvent Recycling
Segment by Application
Printing Industry
Painting & Coating Industry
Oil & Chemical Industry
Pharmaceuticals Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solvent Recycling manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solvent Recycling by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solvent Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Solvent Recycling Market Overview
1.1 Product Definition
1.2 Solvent Recycling Segment by Type
1.2.1 Global Solvent Recycling Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 On-Site Solvent Recycling
1.2.3 Off-Site Solvent Recycling
1.3 Solvent Recycling Segment by Application
1.3.1 Global Solvent Recycling Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Printing Industry
1.3.3 Painting & Coating Industry
1.3.4 Oil & Chemical Industry
1.3.5 Pharmaceuticals Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Solvent Recycling Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solvent Recycling Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solvent Recycling Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solvent Recycling Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solvent Recycling Production Market Share by Manufacturers (2019-2024)
2.2 Global Solvent Recycling Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solvent Recycling, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solvent Recycling Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solvent Recycling Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solvent Recycling, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solvent Recycling, Product Offered and Application
2.8 Global Key Manufacturers of Solvent Recycling, Date of Enter into This Industry
2.9 Solvent Recycling Market Competitive Situation and Trends
2.9.1 Solvent Recycling Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solvent Recycling Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solvent Recycling Production by Region
3.1 Global Solvent Recycling Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solvent Recycling Production Value by Region (2019-2030)
3.2.1 Global Solvent Recycling Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solvent Recycling by Region (2025-2030)
3.3 Global Solvent Recycling Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solvent Recycling Production by Region (2019-2030)
3.4.1 Global Solvent Recycling Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solvent Recycling by Region (2025-2030)
3.5 Global Solvent Recycling Market Price Analysis by Region (2019-2024)
3.6 Global Solvent Recycling Production and Value, Year-over-Year Growth
3.6.1 North America Solvent Recycling Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solvent Recycling Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solvent Recycling Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Solvent Recycling Production Value Estimates and Forecasts (2019-2030)
4 Solvent Recycling Consumption by Region
4.1 Global Solvent Recycling Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solvent Recycling Consumption by Region (2019-2030)
4.2.1 Global Solvent Recycling Consumption by Region (2019-2024)
4.2.2 Global Solvent Recycling Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solvent Recycling Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solvent Recycling Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solvent Recycling Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solvent Recycling Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solvent Recycling Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solvent Recycling Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solvent Recycling Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solvent Recycling Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solvent Recycling Production by Type (2019-2030)
5.1.1 Global Solvent Recycling Production by Type (2019-2024)
5.1.2 Global Solvent Recycling Production by Type (2025-2030)
5.1.3 Global Solvent Recycling Production Market Share by Type (2019-2030)
5.2 Global Solvent Recycling Production Value by Type (2019-2030)
5.2.1 Global Solvent Recycling Production Value by Type (2019-2024)
5.2.2 Global Solvent Recycling Production Value by Type (2025-2030)
5.2.3 Global Solvent Recycling Production Value Market Share by Type (2019-2030)
5.3 Global Solvent Recycling Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solvent Recycling Production by Application (2019-2030)
6.1.1 Global Solvent Recycling Production by Application (2019-2024)
6.1.2 Global Solvent Recycling Production by Application (2025-2030)
6.1.3 Global Solvent Recycling Production Market Share by Application (2019-2030)
6.2 Global Solvent Recycling Production Value by Application (2019-2030)
6.2.1 Global Solvent Recycling Production Value by Application (2019-2024)
6.2.2 Global Solvent Recycling Production Value by Application (2025-2030)
6.2.3 Global Solvent Recycling Production Value Market Share by Application (2019-2030)
6.3 Global Solvent Recycling Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Veolia
7.1.1 Veolia Solvent Recycling Corporation Information
7.1.2 Veolia Solvent Recycling Product Portfolio
7.1.3 Veolia Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Veolia Main Business and Markets Served
7.1.5 Veolia Recent Developments/Updates
7.2 Clean Planet Chemical
7.2.1 Clean Planet Chemical Solvent Recycling Corporation Information
7.2.2 Clean Planet Chemical Solvent Recycling Product Portfolio
7.2.3 Clean Planet Chemical Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Clean Planet Chemical Main Business and Markets Served
7.2.5 Clean Planet Chemical Recent Developments/Updates
7.3 CycleSolv
7.3.1 CycleSolv Solvent Recycling Corporation Information
7.3.2 CycleSolv Solvent Recycling Product Portfolio
7.3.3 CycleSolv Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.3.4 CycleSolv Main Business and Markets Served
7.3.5 CycleSolv Recent Developments/Updates
7.4 Tradebe
7.4.1 Tradebe Solvent Recycling Corporation Information
7.4.2 Tradebe Solvent Recycling Product Portfolio
7.4.3 Tradebe Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Tradebe Main Business and Markets Served
7.4.5 Tradebe Recent Developments/Updates
7.5 Clean Harbors
7.5.1 Clean Harbors Solvent Recycling Corporation Information
7.5.2 Clean Harbors Solvent Recycling Product Portfolio
7.5.3 Clean Harbors Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Clean Harbors Main Business and Markets Served
7.5.5 Clean Harbors Recent Developments/Updates
7.6 Nippon Refine
7.6.1 Nippon Refine Solvent Recycling Corporation Information
7.6.2 Nippon Refine Solvent Recycling Product Portfolio
7.6.3 Nippon Refine Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Nippon Refine Main Business and Markets Served
7.6.5 Nippon Refine Recent Developments/Updates
7.7 Shinko Organic Chemical Industry
7.7.1 Shinko Organic Chemical Industry Solvent Recycling Corporation Information
7.7.2 Shinko Organic Chemical Industry Solvent Recycling Product Portfolio
7.7.3 Shinko Organic Chemical Industry Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Shinko Organic Chemical Industry Main Business and Markets Served
7.7.5 Shinko Organic Chemical Industry Recent Developments/Updates
7.8 Yang Linhong
7.8.1 Yang Linhong Solvent Recycling Corporation Information
7.8.2 Yang Linhong Solvent Recycling Product Portfolio
7.8.3 Yang Linhong Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Yang Linhong Main Business and Markets Served
7.7.5 Yang Linhong Recent Developments/Updates
7.9 Maratek Environmental
7.9.1 Maratek Environmental Solvent Recycling Corporation Information
7.9.2 Maratek Environmental Solvent Recycling Product Portfolio
7.9.3 Maratek Environmental Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Maratek Environmental Main Business and Markets Served
7.9.5 Maratek Environmental Recent Developments/Updates
7.10 IST Pure
7.10.1 IST Pure Solvent Recycling Corporation Information
7.10.2 IST Pure Solvent Recycling Product Portfolio
7.10.3 IST Pure Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.10.4 IST Pure Main Business and Markets Served
7.10.5 IST Pure Recent Developments/Updates
7.11 CBG Technologies
7.11.1 CBG Technologies Solvent Recycling Corporation Information
7.11.2 CBG Technologies Solvent Recycling Product Portfolio
7.11.3 CBG Technologies Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CBG Technologies Main Business and Markets Served
7.11.5 CBG Technologies Recent Developments/Updates
7.12 Quanzhou Tianlong
7.12.1 Quanzhou Tianlong Solvent Recycling Corporation Information
7.12.2 Quanzhou Tianlong Solvent Recycling Product Portfolio
7.12.3 Quanzhou Tianlong Solvent Recycling Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Quanzhou Tianlong Main Business and Markets Served
7.12.5 Quanzhou Tianlong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solvent Recycling Industry Chain Analysis
8.2 Solvent Recycling Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solvent Recycling Production Mode & Process
8.4 Solvent Recycling Sales and Marketing
8.4.1 Solvent Recycling Sales Channels
8.4.2 Solvent Recycling Distributors
8.5 Solvent Recycling Customers
9 Solvent Recycling Market Dynamics
9.1 Solvent Recycling Industry Trends
9.2 Solvent Recycling Market Drivers
9.3 Solvent Recycling Market Challenges
9.4 Solvent Recycling Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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