Vocs Gas Treatment Market Scope
Volatile organic compounds are organic chemical compounds that evaporate easily at room temperature. VOCs are widely used at home and work, so exposure to airborne VOCs is unavoidable. VOCs consist of a variety of chemicals, some of which may have long-term and short-term harmful health effects. Volatile organic compounds are those compounds that have low water solubility and high vapor pressure. Most of the VOCs are man-made chemicals that are produced and utilized in the pharmaceuticals, paints, and refrigerants manufacturing. VOCs are emitted by a broad range of products numbering in the thousands. Some of the examples include pesticides, paint strippers, paints and lacquers, cleaning supplies, furnishing, building materials, and office equipment like printers and copiers.
The Vocs Gas Treatment market study is segmented by Type (Regenerative Thermal Oxidation, Recuperative Thermal Oxidation, Catalytic Oxidation, Adsorption by Activated Carbon, Cryocondensation and Others), by Application (Petroleum and Petrochemical, Packaging and Printing, Pharmaceuticals, Food Industry, Plastic and Rubber Industry, Iron and Steel Industry, Coatings and Inks and Other) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Air Products (United States), Linde (Praxair) (United States), Munters (Sweden), TOYOBO (United States), Taikisha (Japan), Nippon Gases (Spain), Calgon Carbon Corporation (United States), Condorchem Envitech (Spain), Anguil (United States), ComEnCo Systems (Canada) and POLARIS SRL (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Bay Environmental Technology (China), KVT Process Technology (Austria) and CECO Environmental (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Vocs Gas Treatment market by Type, Application and Region.
On the basis of geography, the market of Vocs Gas Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 03 January 2019 Air Products announced it has completed the acquisition of ACP Europe SA (ACP), the largest independent carbon dioxide (CO₂) business in Continental Europe. All required customary closing conditions and regulatory approvals have been satisfied. Financial terms of the transaction are notbeing disclosed. Concluding this deal enables the company to better serve existing customers and pursue new industrial gas growth opportunities.
Market Trend
- Rising Implementation Of Regulations Related To Occupational Health And Safety By Governments
Market Drivers
- Rising Awareness Regarding Controlled Air Quality
Opportunities
- Increasing Use Of Wireless And Smart Sensing Technology
Restraints
- High-Cost Of Installation And Maintenance
Challenges
- Fierce Competitive Pressure
Key Target Audience
Vocs Gas Treatment Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others