Solvent recovery & recycling market report 2024: profiles of 85+ players including borger, clean harbors, cleanplanet chemical, cyclesolv, indaver, maratek environmental and vertec biosolvents
Dublin, sept. 23, 2024 (globe newswire) -- the "solvent recovery & recycling - global strategic business report" has been added to researchandmarkets.com's offering. the global market for solvent recovery & recycling was estimated at us$1.1 billion in 2023, and is projected to reach us$1.3 billion by 2030, growing at a cagr of 3.3% from 2023 to 2030. the growth in the solvent recovery and recycling market is driven by several factors. firstly, the increased adoption of circular economy principles is pushing industries towards more sustainable and resource-efficient practices. this shift is particularly evident in regions with stringent environmental regulations, such as europe and north america. secondly, advancements in recovery technologies, including the development of automated and highly efficient systems, are making solvent recycling more feasible and attractive to a wider range of industries.
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