Pranali Tatale
VOC Concentrator Market: Introduction
- Volatile organic compounds (VOC) generate suspended particulate matters and photochemical oxidants. There are several types of VOCs; for instance, benzene and toluene are emitted during the painting process in printing factories, which harm workers.
- VOC concentrator is an activated carbon or zeolite adsorption system designed to capture and destroy VOCs and hazardous air pollutants from industrial process exhausts
- Concentrator system consists of three main phases: adsorbing, where VOCs are captured; desorbing, where VOCs are heated and released; and thermal oxidation, where VOCs are destroyed
Key Drivers and Restraints of VOC Concentrator Market
- Increase in awareness about environment-related issues and implementation of stringent rules and regulations by regulatory authorities are key drivers for the VOC concentrator market. Due to the implementation of these rules and regulations, companies across the world are installing pollution control devices. Hence, the market for VOC concentrator is expected to grow at a significant CAGR during the forecast period.
- Rapid industrialization is another factor fueling the expansion of the VOC concentrator market. Significant increase in demand for automotive, aerospace, semiconductor, spray coating, and pharmaceutical industries is expected to drive the VOC concentrator market.
- Rise in demand for VOC concentrator from various industries, such as paint, automotive, semiconductor, electronics manufacturing, pharmaceutical, etc., is another driver for the global market. Easy maintenance, simplified operational controls, low operating and maintenance costs, compact size, and easy on-site installation are factors propelling the demand for VOC concentrator in various industries.
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Global VOC Concentrator Market: Segmentation
- In terms of end-user industry, the global VOC concentrator market can be segmented into automotive, aerospace, paint & coating, semiconductor, electronics, flexible packaging, pharmaceutical, and others. Automotive, and painting & coating industries are expected to dominate the VOC concentrator market during the forecast period due to a high demand for concentrator from these industries.
Global VOC Concentrator Market: Regional Segmentation
- Based on region, the global VOC concentrator market can be classified into: North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
- North America dominated the global VOC concentrator market in 2018. This trend is projected to continue during the forecast period due to the presence of a large number manufacturing companies in North America. The U.S. dominated the North America VOC concentrator market in 2018 and is expected to continue its dominance during the forecast period, as the U.S. is one of the leading manufacturers of automotive, aerospace, semiconductors, electronics, etc.
- The VOC concentrator market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. This can be attributed to rapid industrialization in developing countries, such as China, India, and Japan and significant increase in demand for VOC concentrator. China dominates the VOC concentrator market in Asia Pacific region. It is expected to maintain its dominance during the forecast period, owing to the expansion of various industries in the country.
- The VOC concentrator market in Europe is anticipated to expand significantly during the forecast period due to the implementation of stringent rules and regulations by regulatory authorities
- The VOC concentrator market in Latin America and Middle East & Africa is estimated to expand at a steady CAGR during the forecast period due to industrial development
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Key Developments
- In May 2019, CECO Environmental announced that it received a contract to help a fast-growing North American plastics company control emissions. CECO will handle the engineering design of a system that will capture and treat hazardous air pollutants through a packaged Venturi Scrubber and CECO Adwest Regenerative Thermal Oxidizer.
- Seibu Giken is strategically expanding its presence in South East Asia by opening new sales office in Bangkok and Thailand to increase sales and strengthen relationships with customers in the Southeast Asia region. These offices started operations in July 2018.
- In September 2017, Teledyne Tekmar introduced the Atomx XYZ Automated Purge and Trap concentrator with integrated auto sampler. The Atomx XYZ is the next generation Tekmar's Atomx VOC sample preparation system for automated analysis of VOC in soils and water samples.
Key Players Operating in Global VOC Concentrator Market:
- Seibu Giken
- CECO Environmental
- Teledyne Tekmar
- Taikisha
- Anguil Environmental
- TKS Industrial Company
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This study provides an overview of the global VOC concentrator market, tracking two market segments across five geographic regions.
The report studies key players, providing a four-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific, Middle East, and South America.
The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
The scope of the study segments the global VOC concentrator market by adsorbent, application, and region.Market HighlightsThe VOC concentrator refers to the activated zeolite or carbon adsorption system, are designed to capture and eliminate volatile organic compounds (VOCs) and hazardous air pollutants from industrial exhaust systems.
It consists of three phases, namely, adsorbing phase – to capture VOCs; desorbing phase – to heat VOCs; and thermal oxidation phase – to destroy VOCs.
The VOC concentrator are used in those applications that require high air volume and low inlet concentration solvents.Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/8222VOC concentrators are extensively used in various applications including printing, electronics & semiconductors manufacturing, paint finishing, chemical processing to control the emission of VOCs.
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Report Attribute/Metric Details CAGR 6. To counteract the negative consequences, countries have implemented lockdowns, which have harmed the VOC concentrator Market Share. MNCs are investing more in VOC concentrator Market Trends research due to rising customer demand around the world. com/reports/voc-concentrator-market-8222 Market SegmentationThe global VOC concentrator market has been segmented into adsorbent and application. By application, the global VOC concentrator market has been segmented into paint finishing, printing, electronics & semiconductors manufacturing, chemical processing, pharmaceutical manufacturing, and others.
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