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Solvent Recycling Global Market

Solvent Recycling Global Market

Global Solvent Recycling Market Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Solvent Recycling Market Industry Research Report 2026 market worldwide.

Pages: 230

Format: PDF

Date: 01-2026

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Global Solvent Recycling Market Report 2026–2036

Market Forecast

Chem Reports predicts that the Solvent Recycling market was valued at USD xxxx in 2025 and is expected to reach USD xxxx by 2036, growing at a CAGR of xx% globally during the forecast period 2026–2036.

Market Overview

The Global Solvent Recycling Market Report 2026 provides an extensive industry analysis of development components, patterns, flows, and market sizes. It evaluates present and past market values to forecast potential market performance between 2026–2036.

This study integrates both primary and secondary data sources, examining government policies, market environment, competitive landscape, historical data, current trends, technological innovation, upcoming technologies, and technical progress in related industries.

Impact of COVID-19

The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, significantly disrupted the Solvent Recycling market in 2020. Supply chain interruptions, reduced industrial activity, and delayed projects impacted demand, though recovery trends emerged as painting & coatings, oil & chemical, and pharmaceutical industries adapted to new operating conditions and sustainability priorities.

Market Segmentation

By Type

  • Painting & Coating Industry
  • Oil & Chemical Industry
  • Pharmaceuticals Industry

By Application

  • On-site Solvent Recycling
  • Off-site Solvent Recycling

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in chemical and pharmaceutical industries; regulatory oversight on waste management and sustainability.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Mature market with emphasis on eco-friendly recycling practices; EU directives encourage circular economy adoption.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Largest and fastest-growing region, supported by industrial expansion, manufacturing growth, and environmental regulations; China and India dominate consumption.
  • South America (Brazil, Argentina): Emerging adoption in coatings and chemical industries, supported by industrial growth.
  • Middle East & Africa (Saudi Arabia, South Africa): Gradual growth with increasing investments in oil, gas, and industrial enterprises.

Key Players

  • Veolia
  • Clean Planet Chemical
  • CycleSolv
  • Tradebe
  • Clean Harbors
  • Nippon Refine
  • Shinko Organic Chemical Industry
  • Yang Linhong
  • Maratek Environmental
  • IST Pure
  • CBG Technologies
  • Quanzhou Tianlong

These companies compete through technology innovation, regulatory compliance, and distribution networks. Multinational firms dominate high-value industrial recycling applications, while regional players serve cost-sensitive markets.

Global Solvent Recycling Market Intelligence Brief (2026–2036)

Short Description / Definition

Solvent recycling refers to the process of recovering and reusing solvents from industrial applications such as coatings, chemicals, and pharmaceuticals. It reduces waste, lowers costs, and supports sustainability by minimizing environmental impact and dependence on virgin raw materials. Recycling can be performed on-site (within industrial facilities) or off-site (by specialized service providers).

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in chemical and pharmaceutical industries; strict EPA regulations drive adoption of solvent recovery systems.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Mature market with emphasis on circular economy practices; EU directives encourage solvent recovery and reuse.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Largest and fastest-growing region, supported by industrial expansion, manufacturing growth, and tightening environmental regulations; China and India dominate consumption.
  • South America (Brazil, Argentina): Emerging adoption in coatings and chemical industries, supported by industrial growth and sustainability initiatives.
  • Middle East & Africa (Saudi Arabia, South Africa): Gradual growth with increasing investments in oil, gas, and industrial enterprises; demand driven by harsh environmental conditions requiring waste reduction.

Porter’s Five Forces

  • Threat of New Entrants: Moderate; technology is accessible, but regulatory compliance and capital investment are barriers.
  • Bargaining Power of Suppliers: Moderate; dependent on solvent feedstocks and recycling equipment.
  • Bargaining Power of Buyers: High; industries demand cost-effective, reliable, and compliant recycling solutions.
  • Threat of Substitutes: Low to moderate; alternatives include incineration or disposal, but sustainability pressures favor recycling.
  • Industry Rivalry: High; strong competition among global leaders and regional service providers.

SWOT Analysis

Strengths:

  • Reduces costs and environmental impact
  • Wide applicability across industries

Weaknesses:

  • High capital investment for on-site systems
  • Dependence on regulatory frameworks

Opportunities:

  • Growth in Asia-Pacific and South America
  • Innovation in advanced distillation and purification technologies
  • Expansion in pharmaceutical and specialty chemical recycling

Threats:

  • Regulatory changes impacting waste management practices
  • Volatility in solvent demand due to industrial cycles
  • Competition from alternative waste disposal methods

Trend Analysis

  • Rising demand for circular economy and sustainability practices.
  • Expansion in pharmaceutical and specialty chemical recycling.
  • Growing use of on-site recycling systems for cost efficiency.
  • Increasing focus on advanced purification technologies and automation.

Drivers & Challenges

Drivers:

  • Stringent environmental regulations on solvent disposal
  • Rising industrial demand for cost-effective waste management
  • Growth in sustainability initiatives and corporate responsibility

Challenges:

  • High upfront investment for recycling equipment
  • Dependence on consistent solvent volumes for economic viability
  • Limited awareness in emerging markets

Value Chain Analysis

  • Upstream: Solvent production and industrial usage.
  • Midstream: Recycling processes (distillation, purification, recovery).
  • Downstream: Reuse in coatings, chemicals, pharmaceuticals, and other industries.
  • Support Activities: R&D, regulatory compliance, waste management services, and distribution.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in advanced recycling technologies and automation to improve efficiency.
  • Investors: Focus on Asia-Pacific where demand growth is strongest.
  • Policy Makers: Encourage solvent recycling through incentives and stricter disposal regulations.
  • End-users (industrial enterprises): Adopt on-site recycling systems to reduce costs and ensure compliance.
  • New Entrants: Target niche applications in pharmaceuticals and specialty chemicals with tailored recycling solutions.

 

1. Market Overview of Solvent Recycling
    1.1 Solvent Recycling Market Overview
        1.1.1 Solvent Recycling Product Scope
        1.1.2 Market Status and Outlook
    1.2 Solvent Recycling Market Size by Regions:
    1.3 Solvent Recycling Historic Market Size by Regions
    1.4 Solvent Recycling Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Solvent Recycling Sales Market by Type
    2.1 Global Solvent Recycling Historic Market Size by Type
    2.2 Global Solvent Recycling Forecasted Market Size by Type
    2.3 Painting & Coating Industry
    2.4 Oil & Chemical Industry
    2.5 Pharmaceuticals Industry
3. Covid-19 Impact Solvent Recycling Sales Market by Application
    3.1 Global Solvent Recycling Historic Market Size by Application
    3.2 Global Solvent Recycling Forecasted Market Size by Application
    3.3 On-site Solvent Recycling
    3.4 Off-site Solvent Recycling
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Solvent Recycling Production Capacity Market Share by Manufacturers
    4.2 Global Solvent Recycling Revenue Market Share by Manufacturers
    4.3 Global Solvent Recycling Average Price by Manufacturers
5. Company Profiles and Key Figures in Solvent Recycling Business
    5.1 Veolia
        5.1.1 Veolia Company Profile
        5.1.2 Veolia Solvent Recycling Product Specification
        5.1.3 Veolia Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.2 Clean Planet Chemical
        5.2.1 Clean Planet Chemical Company Profile
        5.2.2 Clean Planet Chemical Solvent Recycling Product Specification
        5.2.3 Clean Planet Chemical Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.3 CycleSolv
        5.3.1 CycleSolv Company Profile
        5.3.2 CycleSolv Solvent Recycling Product Specification
        5.3.3 CycleSolv Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.4 Tradebe
        5.4.1 Tradebe Company Profile
        5.4.2 Tradebe Solvent Recycling Product Specification
        5.4.3 Tradebe Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.5 Clean Harbors
        5.5.1 Clean Harbors Company Profile
        5.5.2 Clean Harbors Solvent Recycling Product Specification
        5.5.3 Clean Harbors Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.6 Nippon Refine
        5.6.1 Nippon Refine Company Profile
        5.6.2 Nippon Refine Solvent Recycling Product Specification
        5.6.3 Nippon Refine Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.7 Shinko Organic Chemical Industry
        5.7.1 Shinko Organic Chemical Industry Company Profile
        5.7.2 Shinko Organic Chemical Industry Solvent Recycling Product Specification
        5.7.3 Shinko Organic Chemical Industry Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.8 Yang Linhong
        5.8.1 Yang Linhong Company Profile
        5.8.2 Yang Linhong Solvent Recycling Product Specification
        5.8.3 Yang Linhong Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.9 Maratek Environmental
        5.9.1 Maratek Environmental Company Profile
        5.9.2 Maratek Environmental Solvent Recycling Product Specification
        5.9.3 Maratek Environmental Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.10 IST Pure
        5.10.1 IST Pure Company Profile
        5.10.2 IST Pure Solvent Recycling Product Specification
        5.10.3 IST Pure Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.11 CBG Technologies
        5.11.1 CBG Technologies Company Profile
        5.11.2 CBG Technologies Solvent Recycling Product Specification
        5.11.3 CBG Technologies Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
    5.12 Quanzhou Tianlong
        5.12.1 Quanzhou Tianlong Company Profile
        5.12.2 Quanzhou Tianlong Solvent Recycling Product Specification
        5.12.3 Quanzhou Tianlong Solvent Recycling Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Solvent Recycling Market Size
    6.2 North America Solvent Recycling Key Players in North America
    6.3 North America Solvent Recycling Market Size by Type
    6.4 North America Solvent Recycling Market Size by Application
7. East Asia
    7.1 East Asia Solvent Recycling Market Size
    7.2 East Asia Solvent Recycling Key Players in North America
    7.3 East Asia Solvent Recycling Market Size by Type
    7.4 East Asia Solvent Recycling Market Size by Application
8. Europe
    8.1 Europe Solvent Recycling Market Size
    8.2 Europe Solvent Recycling Key Players in North America
    8.3 Europe Solvent Recycling Market Size by Type
    8.4 Europe Solvent Recycling Market Size by Application
9. South Asia
    9.1 South Asia Solvent Recycling Market Size
    9.2 South Asia Solvent Recycling Key Players in North America
    9.3 South Asia Solvent Recycling Market Size by Type
    9.4 South Asia Solvent Recycling Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Solvent Recycling Market Size
    10.2 Southeast Asia Solvent Recycling Key Players in North America
    10.3 Southeast Asia Solvent Recycling Market Size by Type
    10.4 Southeast Asia Solvent Recycling Market Size by Application
11. Middle East
    11.1 Middle East Solvent Recycling Market Size
    11.2 Middle East Solvent Recycling Key Players in North America
    11.3 Middle East Solvent Recycling Market Size by Type
    11.4 Middle East Solvent Recycling Market Size by Application
12. Africa
    12.1 Africa Solvent Recycling Market Size
    12.2 Africa Solvent Recycling Key Players in North America
    12.3 Africa Solvent Recycling Market Size by Type
    12.4 Africa Solvent Recycling Market Size by Application
13. Oceania
    13.1 Oceania Solvent Recycling Market Size
    13.2 Oceania Solvent Recycling Key Players in North America
    13.3 Oceania Solvent Recycling Market Size by Type
    13.4 Oceania Solvent Recycling Market Size by Application
14. South America
    14.1 South America Solvent Recycling Market Size
    14.2 South America Solvent Recycling Key Players in North America
    14.3 South America Solvent Recycling Market Size by Type
    14.4 South America Solvent Recycling Market Size by Application
15. Rest of the World
    15.1 Rest of the World Solvent Recycling Market Size
    15.2 Rest of the World Solvent Recycling Key Players in North America
    15.3 Rest of the World Solvent Recycling Market Size by Type
    15.4 Rest of the World Solvent Recycling Market Size by Application
16 Solvent Recycling Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Analysis of Segmentation

By Type:

  • Painting & Coating Industry
  • Oil & Chemical Industry
  • Pharmaceuticals Industry

By Application:

  • On-site Solvent Recycling
  • Off-site Solvent Recycling

On-site recycling is preferred by large enterprises with continuous solvent usage, while off-site recycling is common among smaller firms outsourcing waste management.

Analysis of Key Players

  • 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 leaders dominate through technology innovation, regulatory compliance, and global service networks, while regional players serve cost-sensitive markets with localized solutions.

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