Industrial Absorbents Market

Industrial Absorbents Market by Material type (natural organic & inorganic, synthetic), Product (pads, booms & socks), Type (universal, oil-only, HAZMAT), End-use industry (oil & gas, chemical, food processing), and Region - Global forecast to 2028

Report Code: CH 6785 Jan, 2024, by marketsandmarkets.com

The industrial absorbents market is projected to grow from USD 4.3 billion in 2023 to USD 5.2 billion by 2028, at a CAGR of 4.0% from 2023 to 2028. The industrial absorbents market has observed stable growth throughout the study period and is expected to continue with the same trend during the forecast period. The key factors driving the growth of this market are growing environmental concerns and regulations with respect to the spillage of oil and chemicals.

Attractive Opportunities in the Industrial Absorbents Market

Industrial Absorbents  Market

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Industrial Absorbents  Market

Market Dynamics:

Driver: Growing environmental concerns and regulations regarding oil and chemical spills on the environment

Oil and chemical spills hold the potential to impact entire ecosystems, posing risks not just to the environment but also to human life. These spills, whether on land or water, have far-reaching repercussions, especially devastating marine environments rich in corals, seabirds, fishes, and marshlands. Leaks from production processes or pipeline ruptures can further contaminate underground water reserves. The aftermath of spills also incurs significant economic burdens on governments or companies, necessitating spending on healthcare for affected individuals and extensive cleanup measures. A poignant example is BP Plc's expenditure of USD 65.77 billion for response, cleanup, and compensation following the Gulf of Mexico oil spill in 2010. Consequently, governments worldwide are taking proactive steps, implementing environmental protection policies and legislation to safeguard against pollution's adverse effects.

Environmental regulatory bodies closely monitor companies to prevent and manage oil or chemical spills. Governments globally develop contingency plans and maintain reserves of spill control resources as a precautionary measure. Media and NGOs play a pivotal role in raising awareness, compelling responsible agencies and organizations to take action that mitigates the environmental impact of spills. As concerns over spill consequences intensify and environmental regulations tighten, the industrial absorbents market is poised to witness significant growth.

Restraint: Saturation and buoyancy of industrial absorbent products

Spill control products based on industrial absorbents possess specific absorption capacities determined by their size and intended use. These products, including pads, rolls, pillows, and booms & socks, reach saturation when exposed to fluids during usage. Additionally, spill control products with oleophilic or hydrophobic properties lose their floating ability after constant contact with oil, chemicals, or water, impacting their efficacy in absorbing and recovering fluid substances.

This inefficiency leads to challenges in assessing the saturation level of these spill control products. Among various industrial absorbent materials, natural organic absorbents are flammable and lose their effectiveness with petroleum fluids, restricting their utility in key industries like oil & gas and chemicals, which are primary consumers of industrial absorbents. Consequently, the saturation and loss of floating capacity in spill control products emerge as pivotal limitations restraining the growth of the industrial absorbents market.

Opportunity: Growth opportunity for reusable industrial absorbent products

Reusable industrial absorbents share similar properties with non-reusable counterparts. They can be utilized multiple times until reaching saturation and losing their water-repelling capabilities. Only a few major market players offer these reusable industrial absorbent products within the industrial absorbents market. These reusable variants find extensive applications, particularly in oil & gas and food processing industries, specifically in the universal and oil-only segments. Additionally, workplace safety regulations advocating for worker safety will propel the growth of reusable absorbents. They play a crucial role in soaking up floor fluids, preventing slips and falls.

Furthermore, through substantial research and development efforts, it's possible to create high-quality and cost-efficient reusable absorbent products, paving the way for their enhanced adoption in various industries.

Challenge: Reducing large oil spills

During vessel operations such as loading/discharging and bunkering, significant spills can occur due to various reasons like collision, groundings, hull or equipment failures, fires, explosions, adverse weather, or human errors. According to the International Tanker Owners Pollution Federation Limited, the frequency of major spills has notably decreased over the past 46 years. The average number of spills per year dropped from 24.5 tons in 1970-1979 to 1.8 tons in 2010-2017. This decline is attributed to lessons learned from past incidents.

The reduced occurrence of major oil spills has led to a decreased demand for spill response or control products, impacting the sales of industrial absorbents. Given that oil & gas remain a key consumer of these absorbents and their products, the decline in major oil spills may consequently affect the spill response and control the product market.

Industrial Absorbent Market: Ecosystem

Industrial Absorbents  Market Ecosystem

The synthetic segment is projected to be the largest segment during the forecast period.

The synthetic material type segment is expected to dominate the industrial absorbents market in the forecast period due to several factors. Technological advancements have led to the development of synthetic materials with superior absorption capacities and versatile applications across various industries. These synthetic absorbents, derived from materials like polypropylene, polyurethane, polyester, and polyethylene, offer high absorbency rates, non-flammability, and excellent water repellency. Their efficiency in absorbing a wide range of fluids, especially in oil & gas, chemical, food processing, and healthcare industries, positions synthetic absorbents as the preferred choice. Additionally, the rising focus on sustainability and stringent spill control regulations further drive the demand for synthetic absorbents, anticipating their dominance in the market.

Pads are expected to be the largest segment of the industrial absorbents market by product during the forecast period.

By product, the pads segment accounted for the largest share of the industrial absorbents market in 2022 due to its versatility and widespread usage across industries. These spill response products, available in various sizes, are extensively used for cleaning up diverse spills, including oil, water-based liquids, and mild chemicals. Their adaptability to different spill scenarios, along with their efficiency in various applications across industries such as oil & gas, chemical, and healthcare, positions pads as the primary choice for spill control. Moreover, their role in addressing workplace safety concerns and the ease of deployment further contribute to their anticipated dominance in the industrial absorbents market.

By type, the oil-only segment is estimated to account for the largest share of the industrial absorbents market during the forecast period.

Oil-only types of absorbents are uniquely designed to selectively absorb petroleum hydrocarbons and oil-based liquids while repelling water-based fluids. Their crucial role in managing oil spills, their extensive use in the oil & gas industry, and their effectiveness in various applications across spill scenarios position the oil-only segment as the primary choice for spill control. Moreover, the emphasis on environmental protection and stringent regulations regarding oil spill response further drives the demand for oil-only absorbents, contributing to their anticipated dominance in the industrial absorbents market.

The oil & gas segment is estimated to account for the largest share of the industrial absorbents market during the forecast period.

The oil & gas segment is poised to secure the largest share in the industrial absorbents market during the forecast period due to its extensive use and high demand for spill control products. The industry's operations across downstream, midstream, and upstream activities involve inherent spill risks, necessitating effective spill response measures. Given the potential environmental and economic repercussions of oil and chemical spills, the oil & gas sector heavily relies on industrial absorbents for spill containment and recovery. This sector's significant consumption of these absorbents across various applications, coupled with stringent regulations and heightened awareness regarding environmental protection, reinforces its position as the primary consumer, driving its dominance in the industrial absorbents market.

Asia Pacific is projected to grow at the highest CAGR during the forecast period.

Asia Pacific is anticipated to experience the highest CAGR in the industrial absorbents market during the forecast period due to several factors. The Asia Pacific region has been experiencing rapid industrialization, leading to increased manufacturing activities across various sectors. This expansion heightens the risk of spills and accidents, thus increasing the need for industrial absorbents to mitigate environmental damage. Moreover, stringent environmental regulations imposed by governments in countries like China, India, Japan, and South Korea drive the demand for industrial absorbents. Compliance with these regulations necessitates the use of absorbents to manage and contain spills and pollutants effectively.

Industrial Absorbents  Market by Region

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Key Market Players

The 3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Ansell Ltd. (Australia), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US) are some of the major players in the global industrial absorbents market.

These players have been focusing on expansion, acquisition, and agreement strategies that help them expand their businesses in untapped and potential markets. They have adopted various organic and inorganic growth strategies to enhance their position in the industrial absorbents market.

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Scope of the Report

:

Report Metric

Details

Market Size Available for Years

2018 to 2028

Base Year Considered

2022

Forecast Period

2023–2028

Forecast Units

Value (USD Million/Billion)

Segments Covered

Material type, Product, Type, End-use industry, and Region

Geographies Covered

 North America, Europe, Asia Pacific, South America, and Middle East & Africa

Companies Covered

3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Kimberly-Clark Professional (US), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US), and others.
A total of 20 significant players covered

This research report categorizes the industrial absorbents market based on material type, product, type, end-use industry, and region.

Based on the material type, the industrial absorbents market has been segmented as follows:
  • Natural Organic
    • Cellulose
    • Corncob
  • Natural Inorganic
    • Clay
  • Synthetic
    • Polypropylene
    • Polyester
Based on the product, the industrial absorbents market has been segmented as follows:
  • Pads
  • Rolls
  • Pillows
  • Granules
  • Booms & Socks
  • Sheets & Mats
  • Others
Based on the type, the industrial absorbents market has been segmented as follows:
  • Universal
  • Oil-Only
  • HAZMAT/Chemical
Based on the end-use industry, the industrial absorbents market has been segmented as follows:
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Chemical
  • Food Processing
  • Healthcare
  • Others
Based on the region, the industrial absorbents market has been segmented as follows:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • GERMANY
    • FRANCE
    • SPAIN
    • UK
    • ITALY
    • REST OF EUROPE
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Specific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • GCC Countries
      • UAE
      • Saudi Arabia
      • Rest of GCC
    • Iran
    • South Africa
    • Rest of Middle East & Africa

Recent Developments

  • In August 2023, New Pig Corporation, leading players in industrial absorbents products, acquired the former US Foods 165,000 square foot warehouse facility in Altoona. This additional warehouse space is to accommodate growth and product development of industrial absorbents.
  • In May 2023, Denios expanded its production with a new 4,200 square meter assembly and storage hall. The hall expansion caters to mold making, final assembly, and sensor-equipped room systems, producing around 2,000 systems annually and offering comprehensive customer support. With global production sites, including France, the Czech Republic, Italy, China, and the US, this expansion at the Bad Oeynhausen headquarters strengthens Denios's international presence and allows for further growth.
  • In May 2023, 3M invested USD 146 million to expand its biotech manufacturing support, aiming to enhance filtration technology for bioprocessing and pharmaceutical manufacturing. In relation to the industrial absorbent market, advancements in filtration technology and purification methods, such as those developed by 3M, can significantly impact the production of absorbent materials used in various industrial applications. These advancements contribute to improved filtration efficiency and purity, potentially enhancing the quality and effectiveness of industrial absorbents in managing spills, controlling pollution, and maintaining environmental safety standards.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 21)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS & EXCLUSIONS
                    TABLE 1 INDUSTRIAL ABSORBENTS MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
          FIGURE 1 INDUSTRIAL ABSORBENTS MARKET SEGMENTATION
           1.3.1 REGIONAL SCOPE
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA 
          FIGURE 2 INDUSTRIAL ABSORBENTS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Companies participating in primary research
                    2.1.2.4 Breakdown of primary interviews
    2.2 MATRIX CONSIDERED FOR DEMAND SIDE 
          FIGURE 3 MAIN MATRIX CONSIDERED FOR ASSESSING DEMAND FOR INDUSTRIAL ABSORBENTS
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
    2.4 ANALYSIS OF SUPPLY-SIDE SIZING OF INDUSTRIAL ABSORBENTS MARKET 
           2.4.1 CALCULATIONS BASED ON SUPPLY-SIDE ANALYSIS
           2.4.2 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
    2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 
          FIGURE 6 INDUSTRIAL ABSORBENTS MARKET: DATA TRIANGULATION
    2.6 IMPACT OF RECESSION 
    2.7 RESEARCH ASSUMPTIONS 
           2.7.1 RESEARCH LIMITATIONS
           2.7.2 RISK ANALYSIS
 
3 EXECUTIVE SUMMARY (Page No. - 34)
    TABLE 2 INDUSTRIAL ABSORBENTS MARKET SNAPSHOT
    FIGURE 7 SYNTHETIC MATERIAL TYPE TO LEAD INDUSTRIAL ABSORBENTS MARKET DURING FORECAST PERIOD
    FIGURE 8 PADS SEGMENT TO LEAD INDUSTRIAL ABSORBENTS MARKET DURING FORECAST PERIOD
    FIGURE 9 OIL-ONLY SEGMENT TO LEAD INDUSTRIAL ABSORBENTS MARKET DURING FORECAST PERIOD
    FIGURE 10 OIL & GAS INDUSTRY TO LEAD INDUSTRIAL ABSORBENTS MARKET DURING FORECAST PERIOD
    FIGURE 11 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF INDUSTRIAL ABSORBENTS MARKET IN 2022
 
4 PREMIUM INSIGHTS (Page No. - 39)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL ABSORBENTS MARKET 
          FIGURE 12 INCREASING DEMAND FOR INDUSTRIAL ABSORBENTS FROM OIL & GAS INDUSTRY TO DRIVE MARKET
    4.2 INDUSTRIAL ABSORBENTS MARKET, BY REGION 
          FIGURE 13 ASIA PACIFIC TO WITNESS HIGHEST GROWTH BETWEEN 2023 TO 2028
    4.3 INDUSTRIAL ABSORBENTS MARKET, BY PRODUCT AND END-USE INDUSTRY 
          FIGURE 14 PADS PRODUCT SEGMENT ACCOUNTED FOR LARGEST SHARE OF INDUSTRIAL ABSORBENTS MARKET IN 2022
    4.4 INDUSTRIAL ABSORBENTS MARKET, BY MATERIAL TYPE 
          FIGURE 15 SYNTHETIC SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    4.5 INDUSTRIAL ABSORBENTS MARKET, BY TYPE 
          FIGURE 16 OIL-ONLY SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022
    4.6 INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY 
          FIGURE 17 INDUSTRIAL ABSORBENTS MARKET IN INDIA AND CHINA TO REGISTER HIGH GROWTH DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 42)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN INDUSTRIAL ABSORBENTS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing environmental concerns and regulations regarding oil and chemical spills
                    5.2.1.2 Innovation in industrial absorbent product development
           5.2.2 RESTRAINTS
                    5.2.2.1 Saturation and buoyancy of industrial absorbent products
                    5.2.2.2 Limited disposal options for used absorbents
                    5.2.2.3 Availability of cost-effective substitutes
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth opportunity for reusable industrial absorbent products
           5.2.4 CHALLENGES
                    5.2.4.1 Reducing large oil spills
                                TABLE 3 ANNUAL QUANTITY OF OIL SPILL (2010–2022)
                    5.2.4.2 Fluctuating raw material prices
    5.3 VALUE CHAIN ANALYSIS 
          FIGURE 19 HIGHEST VALUE ADDITION DURING MANUFACTURING PHASE
           5.3.1 RAW MATERIAL SUPPLIERS
           5.3.2 MANUFACTURING AND PRODUCTION OF INDUSTRIAL ABSORBENTS
           5.3.3 DISTRIBUTION & MARKETING
           5.3.4 END-USE INDUSTRIES
    5.4 ECOSYSTEM 
          FIGURE 20 INDUSTRIAL ABSORBENTS MARKET: ECOSYSTEM
          TABLE 4 INDUSTRIAL ABSORBENTS MARKET: ROLE IN ECOSYSTEM
    5.5 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 21 INDUSTRIAL ABSORBENTS MARKET: PORTER’S FIVE FORCES ANALYSIS
          TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON INDUSTRIAL ABSORBENTS MARKET
           5.5.1 THREAT OF NEW ENTRANTS
           5.5.2 THREAT OF SUBSTITUTES
           5.5.3 BARGAINING POWER OF SUPPLIERS
           5.5.4 BARGAINING POWER OF BUYERS
           5.5.5 INTENSITY OF COMPETITIVE RIVALRY
    5.6 TARIFF AND REGULATORY LANDSCAPE 
           5.6.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.7 KEY CONFERENCES AND EVENTS (2023–2024) 
          TABLE 9 INDUSTRIAL ABSORBENTS MARKET: KEY CONFERENCES AND EVENTS (2023–2024)
    5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES
                    TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%)
           5.8.2 BUYING CRITERIA
                    FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
                    TABLE 11 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
    5.9 TRADE ANALYSIS 
           5.9.1 EXPORT SCENARIO
                    TABLE 12 EXPORT DATA ON HS CODE 392690: ARTICLES OF PLASTICS AND ARTICLES OF OTHER MATERIALS OF HEADING (USD MILLION)
           5.9.2 IMPORT SCENARIO
                    TABLE 13 IMPORT DATA ON HS CODE 392690: ARTICLES OF PLASTICS AND ARTICLES OF OTHER MATERIALS OF HEADING (USD MILLION)
    5.10 PATENT ANALYSIS 
           5.10.1 METHODOLOGY
                     FIGURE 24 LIST OF MAJOR PATENTS FOR INDUSTRIAL ABSORBENTS
           5.10.2 MAJOR PATENTS
                     TABLE 14 OVERVIEW OF PATENTS
    5.11 TECHNOLOGY ANALYSIS 
    5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
           5.12.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR INDUSTRIAL ABSORBENT MANUFACTURERS/SUPPLIERS
                     FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
    5.13 PRICING ANALYSIS 
           5.13.1 AVERAGE SELLING PRICE OF INDUSTRIAL ABSORBENTS, BY REGION
                     FIGURE 26 AVERAGE SELLING PRICE OF INDUSTRIAL ABSORBENTS, BY REGION
           5.13.2 AVERAGE SELLING PRICE OF INDUSTRIAL ABSORBENTS, BY MARKET PLAYER
                     FIGURE 27 AVERAGE SELLING PRICE OF INDUSTRIAL ABSORBENTS OF MARKET PLAYER, BY PRODUCT
    5.14 CASE STUDY 
           5.14.1 PROBLEM STATEMENT: USAGE OF SINGLE-USE INDUSTRIAL ABSORBENT PRODUCTS LEADING TO WASTE GENERATION AND INCREASE IN OVERALL OPERATIONAL COST
 
6 INDUSTRIAL ABSORBENTS MARKET, BY TYPE (Page No. - 65)
    6.1 INTRODUCTION 
          FIGURE 28 OIL-ONLY SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 15 INDUSTRIAL ABSORBENTS MARKET, BY TYPE, 2019–2022 (USD MILLION)
          TABLE 16 INDUSTRIAL ABSORBENTS MARKET, BY TYPE, 2023–2028 (USD MILLION)
    6.2 UNIVERSAL 
           6.2.1 HIGH ABSORBENT CAPACITY AND VERSATILE NATURE TO DRIVE MARKET
    6.3 OIL-ONLY 
           6.3.1 HIGH AFFINITY FOR HYDROPHOBIC LIQUIDS TO DRIVE MARKET
    6.4 HAZMAT/CHEMICAL 
           6.4.1 REQUIREMENT FOR HIGH-QUALITY SPILL CONTROL PRODUCTS TO DRIVE MARKET
 
7 INDUSTRIAL ABSORBENTS MARKET, BY PRODUCT (Page No. - 69)
    7.1 INTRODUCTION 
          FIGURE 29 PADS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 17 INDUSTRIAL ABSORBENTS MARKET, BY PRODUCT, 2019–2022 (USD MILLION)
          TABLE 18 INDUSTRIAL ABSORBENTS MARKET, BY PRODUCT, 2023–2028 (USD MILLION)
    7.2 PADS 
           7.2.1 WIDE USAGE FOR CLEAN-UP TO DRIVE MARKET
    7.3 ROLLS 
           7.3.1 AVAILABILITY IN DIFFERENT SIZES AND SHAPES TO DRIVE MARKET
    7.4 PILLOWS 
           7.4.1 LARGE SURFACE AREA, HIGH CAPACITY, AND FAST-WICKING FILLERS TO DRIVE MARKET
    7.5 GRANULES 
           7.5.1 COST-EFFECTIVENESS TO DRIVE MARKET
    7.6 BOOMS & SACKS 
           7.6.1 WATER REPELLING NATURE AND ABSORPTION OF ONLY OIL-BASED LIQUIDS TO DRIVE MARKET
    7.7 SHEETS & MATS 
           7.7.1 INCREASED USAGE IN FLOOR APPLICATIONS TO DRIVE MARKET
    7.8 OTHER PRODUCTS 
 
8 INDUSTRIAL ABSORBENTS MARKET, BY MATERIAL TYPE (Page No. - 73)
    8.1 INTRODUCTION 
          FIGURE 30 SYNTHETIC SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
          TABLE 19 INDUSTRIAL ABSORBENTS MARKET, BY MATERIAL TYPE, 2019–2022 (USD MILLION)
          TABLE 20 INDUSTRIAL ABSORBENTS MARKET, BY MATERIAL TYPE, 2023–2028 (USD MILLION)
    8.2 NATURAL ORGANIC 
           8.2.1 NON-TOXIC, BIODEGRADABLE, AND DISPOSABLE NATURE TO DRIVE MARKET
           8.2.2 CELLULOSE
           8.2.3 CORNCOB
    8.3 NATURAL INORGANIC 
           8.3.1 AVAILABILITY IN LARGE QUANTITIES TO DRIVE MARKET
           8.3.2 CLAY
    8.4 SYNTHETIC 
           8.4.1 HIGHER ABSORPTION CAPACITY TO DRIVE MARKET
           8.4.2 POLYPROPYLENE
           8.4.3 POLYESTER
 
9 INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY (Page No. - 77)
    9.1 INTRODUCTION 
          FIGURE 31 CHEMICAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 21 INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                    TABLE 22 INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
    9.2 OIL & GAS 
           9.2.1 INCREASING DEMAND FOR OIL & GAS FROM EMERGING COUNTRIES TO DRIVE MARKET
           9.2.2 UPSTREAM
           9.2.3 MIDSTREAM
           9.2.4 DOWNSTREAM
                    TABLE 23 OIL & GAS: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 24 OIL & GAS: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 CHEMICAL 
           9.3.1 QUICK RESPONSE AND MINIMIZED SPILLAGE IMPACT ON ENVIRONMENT TO DRIVE MARKET
                    TABLE 25 CHEMICAL: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 26 CHEMICAL: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 FOOD PROCESSING 
           9.4.1 MAINTENANCE OF HIGH ENVIRONMENTAL STANDARDS DURING FOOD PROCESSING TO DRIVE MARKET
                    TABLE 27 FOOD PROCESSING: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 28 FOOD PROCESSING: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.5 HEALTHCARE 
           9.5.1 NECESSITY TO UPHOLD AND PRESERVE HYGIENIC ENVIRONMENT IN HEALTHCARE INDUSTRY TO DRIVE MARKET
                    TABLE 29 HEALTHCARE: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 30 HEALTHCARE: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.6 OTHER END-USE INDUSTRIES 
          TABLE 31 OTHERS: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
          TABLE 32 OTHERS: INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 INDUSTRIAL ABSORBENTS MARKET, BY REGION (Page No. - 85)
     10.1 INTRODUCTION 
             FIGURE 32 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN INDUSTRIAL ABSORBENTS MARKET DURING FORECAST PERIOD
             TABLE 33 INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 34 INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 35 INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2019–2022 (MILLION SQUARE METER)
             TABLE 36 INDUSTRIAL ABSORBENTS MARKET, BY REGION, 2023–2028 (MILLION SQUARE METER)
     10.2 ASIA PACIFIC 
             10.2.1 RECESSION IMPACT
                        FIGURE 33 ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET SNAPSHOT
                        TABLE 37 ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 38 ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 39 ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 40 ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.2.2 CHINA
                        10.2.2.1 China to lead Asia Pacific industrial absorbents market
                                      TABLE 41 CHINA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 42 CHINA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.2.3 JAPAN
                        10.2.3.1 Stringent environmental laws, promotion of circular economy, and technological advancements to drive market
                                      TABLE 43 JAPAN: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 44 JAPAN: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.2.4 INDIA
                        10.2.4.1 Rapid industrialization and increase in environmental consciousness to drive market
                                      TABLE 45 INDIA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 46 INDIA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.2.5 SOUTH KOREA
                        10.2.5.1 Industrial developments and technological innovations to fuel growth
                                      TABLE 47 SOUTH KOREA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 48 SOUTH KOREA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.2.6 REST OF ASIA PACIFIC
                        TABLE 49 REST OF ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 50 REST OF ASIA PACIFIC: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
     10.3 EUROPE 
             10.3.1 RECESSION IMPACT
                        FIGURE 34 EUROPE: INDUSTRIAL ABSORBENTS MARKET SNAPSHOT
                        TABLE 51 EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 52 EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 53 EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 54 EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.2 GERMANY
                        10.3.2.1 Commitment to sustainability and effective spill response to fuel demand
                                      TABLE 55 GERMANY: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 56 GERMANY: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.3 FRANCE
                        10.3.3.1 Regulatory imperatives and heightened environmental consciousness to drive market
                                      TABLE 57 FRANCE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 58 FRANCE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.4 UK
                        10.3.4.1 Government regulations and increase in demand for environmentally friendlier products to drive market
                                      TABLE 59 UK: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 60 UK: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.5 SPAIN
                        10.3.5.1 Rise in industrial activities and investments and integration of absorbents in various industry verticals to drive market
                                      TABLE 61 SPAIN: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 62 SPAIN: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.6 ITALY
                        10.3.6.1 Growing industrial sectors and tightening environmental regulations to fuel growth
                                      TABLE 63 ITALY: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 64 ITALY: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.7 REST OF EUROPE
                        TABLE 65 REST OF EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 66 REST OF EUROPE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
     10.4 NORTH AMERICA 
             10.4.1 RECESSION IMPACT
                        FIGURE 35 NORTH AMERICA: INDUSTRIAL ABSORBENTS MARKET SNAPSHOT
                        TABLE 67 NORTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 68 NORTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 69 NORTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 70 NORTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.4.2 US
                        10.4.2.1 Strategic spill response solutions in evolving oil & gas sector to drive market
                                      TABLE 71 US: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 72 US: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.4.3 CANADA
                        10.4.3.1 Thriving resource extraction industries to drive growth
                                      TABLE 73 CANADA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 74 CANADA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.4.4 MEXICO
                        10.4.4.1 Stringent environmental regulations and growing chemical & petrochemical industries to drive growth
                                      TABLE 75 MEXICO: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 76 MEXICO: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
     10.5 MIDDLE EAST & AFRICA 
             10.5.1 RECESSION IMPACT
                        TABLE 77 MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 78 MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 79 MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 80 MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.5.2 GCC COUNTRIES
                        10.5.2.1 Saudi Arabia
                                     10.5.2.1.1 Booming infrastructure development and expanding oil & petrochemical industries to drive market
                                                      TABLE 81 SAUDI ARABIA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                                      TABLE 82 SAUDI ARABIA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        10.5.2.2 UAE
                                     10.5.2.2.1 Infrastructure development to drive demand
                                                      TABLE 83 UAE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                                      TABLE 84 UAE: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.5.3 REST OF GCC COUNTRIES
                        10.5.3.1 Rising regulatory compliance, oil industry expansion, environmental focus, and infrastructure development to drive demand
             10.5.4 SOUTH AFRICA
                        10.5.4.1 Government initiatives to drive industrial absorbents market
                                      TABLE 85 SOUTH AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 86 SOUTH AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.5.5 REST OF MIDDLE EAST & AFRICA
                        TABLE 87 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 88 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
     10.6 SOUTH AMERICA 
             10.6.1 RECESSION IMPACT
                        TABLE 89 SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 90 SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 91 SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 92 SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.6.2 BRAZIL
                        10.6.2.1 Rapid growth in oil & gas processing to drive industrial absorbents market
                                      TABLE 93 BRAZIL: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 94 BRAZIL: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.6.3 ARGENTINA
                        10.6.3.1 Increasing demand for spill control products to drive market
                                      TABLE 95 ARGENTINA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                                      TABLE 96 ARGENTINA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
             10.6.4 REST OF SOUTH AMERICA
                        TABLE 97 REST OF SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
                        TABLE 98 REST OF SOUTH AMERICA: INDUSTRIAL ABSORBENTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 123)
     11.1 INTRODUCTION 
     11.2 STRATEGIES ADOPTED BY KEY PLAYERS 
             TABLE 99 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS
     11.3 REVENUE ANALYSIS 
             FIGURE 36 REVENUE ANALYSIS OF KEY COMPANIES (2018–2022)
     11.4 MARKET SHARE ANALYSIS 
             11.4.1 RANKING OF KEY MARKET PLAYERS
                        FIGURE 37 RANKING OF MAJOR PLAYERS IN INDUSTRIAL ABSORBENTS MARKET, 2022
             11.4.2 MARKET SHARE OF KEY PLAYERS
                        FIGURE 38 INDUSTRIAL ABSORBENTS MARKET SHARE ANALYSIS
                        TABLE 100 INDUSTRIAL ABSORBENTS MARKET: DEGREE OF COMPETITION
                        11.4.2.1 3M
                        11.4.2.2 Johnson Matthey Plc
                        11.4.2.3 Ansell Ltd.
                        11.4.2.4 Brady Corporation
                        11.4.2.5 Oil-Dri Corporation of America
                        11.4.2.6 Kimberly-Clark Professional
     11.5 COMPANY EVALUATION MATRIX 
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANTS
                        FIGURE 39 COMPANY EVALUATION MATRIX: INDUSTRIAL ABSORBENTS MARKET
             11.5.5 COMPANY FOOTPRINT
                        FIGURE 40 INDUSTRIAL ABSORBENTS MARKET: COMPANY FOOTPRINT
                        TABLE 101 INDUSTRIAL ABSORBENTS MARKET: APPLICATION FOOTPRINT
                        TABLE 102 INDUSTRIAL ABSORBENTS MARKET: MATERIAL FOOTPRINT
                        TABLE 103 INDUSTRIAL ABSORBENTS MARKET: COMPANY REGION FOOTPRINT
     11.6 START-UP/SME EVALUATION MATRIX 
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                        FIGURE 41 START-UPS/SMES EVALUATION MATRIX: INDUSTRIAL ABSORBENTS MARKET
             11.6.5 COMPETITIVE BENCHMARKING
                        TABLE 104 INDUSTRIAL ABSORBENTS MARKET: DETAILED LIST OF KEY START-UPS/SMES
                        TABLE 105 INDUSTRIAL ABSORBENTS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     11.7 COMPETITIVE SCENARIO 
             TABLE 106 INDUSTRIAL ABSORBENTS MARKET: OTHERS, 2021–2023
 
12 COMPANY PROFILES (Page No. - 137)
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
     12.1 KEY PLAYERS 
             12.1.1 NEW PIG CORPORATION
                        TABLE 107 NEW PIG CORPORATION: COMPANY OVERVIEW
                        TABLE 108 NEW PIG CORPORATION: PRODUCTS OFFERED
                        TABLE 109 NEW PIG CORPORATION: DEALS
             12.1.2 DECORUS EUROPE
                        TABLE 110 DECORUS EUROPE: COMPANY OVERVIEW
                        TABLE 111 DECORUS EUROPE: PRODUCTS OFFERED
             12.1.3 MELTBLOWN TECHNOLOGIES INC.
                        TABLE 112 MELTBLOWN TECHNOLOGIES INC.: COMPANY OVERVIEW
                        TABLE 113 MELTBLOWN TECHNOLOGIES INC.: PRODUCTS OFFERED
             12.1.4 DENIOS
                        TABLE 114 DENIOS: COMPANY OVERVIEW
                        TABLE 115 DENIOS: PRODUCTS OFFERED
                        TABLE 116 DENIOS: DEALS
                        TABLE 117 DENIOS: OTHERS
             12.1.5 3M
                        TABLE 118 3M: COMPANY OVERVIEW
                        FIGURE 42 3M: COMPANY SNAPSHOT
                        TABLE 119 3M: PRODUCTS OFFERED
                        TABLE 120 3M: DEALS
                        TABLE 121 3M: OTHERS
             12.1.6 JOHNSON MATTHEY
                        TABLE 122 JOHNSON MATTHEY: COMPANY OVERVIEW
                        FIGURE 43 JOHNSON MATTHEY: COMPANY SNAPSHOT
                        TABLE 123 JOHNSON MATTHEY: PRODUCTS OFFERED
             12.1.7 OIL-DRI CORPORATION OF AMERICA
                        TABLE 124 OIL-DRI CORPORATION OF AMERICA: COMPANY OVERVIEW
                        FIGURE 44 OIL-DRI CORPORATION OF AMERICA: COMPANY SNAPSHOT
                        TABLE 125 OIL-DRI CORPORATION OF AMERICA: PRODUCTS OFFERED
             12.1.8 BRADY CORPORATION
                        TABLE 126 BRADY CORPORATION: COMPANY OVERVIEW
                        FIGURE 45 BRADY CORPORATION: COMPANY SNAPSHOT
                        TABLE 127 BRADY CORPORATION: PRODUCTS OFFERED
             12.1.9 ANSELL LTD.
                        TABLE 128 ANSELL LTD.: COMPANY OVERVIEW
                        FIGURE 46 ANSELL LTD.: COMPANY SNAPSHOT
                        TABLE 129 ANSELL LTD.: PRODUCTS OFFERED
             12.1.10 GOLTENS
                        TABLE 130 GOLTENS: COMPANY OVERVIEW
                        TABLE 131 GOLTENS: PRODUCTS OFFERED
     12.2 OTHER PLAYERS 
             12.2.1 ASA ENVIRONMENTAL PRODUCTS
                        TABLE 132 ASA ENVIRONMENTAL PRODUCTS: COMPANY OVERVIEW
                        TABLE 133 ASA ENVIRONMENTAL PRODUCTS: PRODUCTS OFFERED
             12.2.2 CHEMTEX INDUSTRIES
                        TABLE 134 CHEMTEX INDUSTRIES: COMPANY OVERVIEW
                        TABLE 135 CHEMTEX INDUSTRIES: PRODUCTS OFFERED
             12.2.3 DRIZIT ENVIRONMENTAL
                        TABLE 136 DRIZIT ENVIRONMENTAL: COMPANY OVERVIEW
                        TABLE 137 DRIZIT ENVIRONMENTAL: PRODUCTS OFFERED
             12.2.4 ENRETECH
                        TABLE 138 ENRETECH: COMPANY OVERVIEW
                        TABLE 139 ENRETECH: PRODUCTS OFFERED
             12.2.5 EP MINERALS
                        TABLE 140 EP MINERALS: COMPANY OVERVIEW
                        TABLE 141 EP MINERALS: PRODUCTS OFFERED
             12.2.6 FENTEX
                        TABLE 142 FENTEX: COMPANY OVERVIEW
                        TABLE 143 FENTEX: PRODUCTS OFFERED
             12.2.7 GEI WORKS
                        TABLE 144 GEI WORKS: COMPANY OVERVIEW
                        TABLE 145 GEI WORKS: PRODUCTS OFFERED
             12.2.8 KIMBERLY-CLARK PROFESSIONAL
                        TABLE 146 KIMBERLY-CLARK PROFESSIONAL: COMPANY OVERVIEW
                        TABLE 147 KIMBERLY-CLARK PROFESSIONAL: PRODUCTS OFFERED
             12.2.9 SHARE CORPORATION
                        TABLE 148 SHARE CORPORATION: COMPANY OVERVIEW
                        TABLE 149 SHARE CORPORATION: PRODUCTS OFFERED
             12.2.10 SYSBEL
                        TABLE 150 SYSBEL: COMPANY OVERVIEW
                        TABLE 151 SYSBEL: PRODUCTS OFFERED
             12.2.11 TOLSA
                        TABLE 152 TOLSA: COMPANY OVERVIEW
                        TABLE 153 TOLSA: PRODUCTS OFFERED
 
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
 
13 ADJACENT AND RELATED MARKETS (Page No. - 178)
     13.1 INTRODUCTION 
     13.2 LIMITATIONS 
     13.3 INDUSTRIAL ABSORBENTS INTERCONNECTED MARKETS 
             13.3.1 SUPER ABSORBENT POLYMERS (SAP) MARKET
                        13.3.1.1 Market definition
                        13.3.1.2 Market overview
     13.4 SODIUM POLYACRYLATE 
             13.4.1 HIGH WATER ABSORBING ABILITY OF SODIUM POLYACRYLATE TO DRIVE DEMAND
     13.5 POLYACRYLATE/POLYACRYLAMIDE COPOLYMER 
             13.5.1 INCREASE IN USE OF POLYACRYLAMIDE COPOLYMER IN VARIOUS APPLICATIONS TO FUEL MARKET
     13.6 OTHERS 
             TABLE 154 SUPER ABSORBENT POLYMERS MARKET, BY TYPE, 2017–2020 (KILOTON)
             TABLE 155 SUPER ABSORBENT POLYMERS MARKET, BY TYPE, 2017–2020 (USD MILLION)
             TABLE 156 SUPER ABSORBENT POLYMERS MARKET, BY TYPE, 2021–2026 (KILOTON)
             TABLE 157 SUPER ABSORBENT POLYMERS MARKET, BY TYPE, 2021–2026 (USD MILLION)
 
14 APPENDIX (Page No. - 182)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

The study involved four major activities in estimating the current industrial absorbents market size—exhaustive secondary research collected information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and measures with industry experts across the value chain of industrial absorbents through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were used to estimate the size of the segments and sub-segments of the market.

Secondary Research

The research methodology used to estimate and forecast the access control market begins with capturing data on the revenues of key vendors in the market through secondary research. In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, Factiva, World Bank, and Industry Journals, were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, notifications by regulatory bodies, trade directories, and databases. Vendor offerings have also been taken into consideration to determine market segmentation.

Primary Research

The industrial absorbents market comprises several stakeholders in the supply chain, such as manufacturers, equipment manufacturers, traders, associations, and regulatory organizations. The development of various end-use industries characterizes the demand side of this market. Various primary sources from the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents:

Industrial Absorbents  Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the total size of the industrial absorbents market. These methods were also used extensively to determine the market size of various segments. The research methodology used to estimate the market size included the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the industrial absorbents market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Global Industrial Absorbents Market Size: Bottom-Up Approach

Industrial Absorbents  Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Industrial Absorbents Market Size: Top-Down Approach

Industrial Absorbents  Market Size, and Share

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and determine each market segment’s and subsegment’s exact statistics. The market size was calculated globally by summing up the country-level and regional-level data.

Market Definition

Industrial absorbents are porous materials designed to soak up liquids or gases from spills on land or water, serve to avert wastage, damage, or hazards resulting from leaks, drips, sprays, or spills of substances like oil, water, or chemicals during industrial activities. Comprised chiefly of materials such as polypropylene, polyester, polyurethane, cellulose, and clay, these absorbents exhibit oleophilic, hydrophilic, or hydrophobic properties.

The study of the industrial absorbents market encompasses both naturally occurring and synthetic absorbents utilized across various industrial settings for spill control, containment, and remediation purposes. The analysis includes an array of major industrial absorbent products like pads, rolls, pillows, granules, booms & socks, as well as sheets & mats.

Key Stakeholder

  • Raw Material Manufacturers
  • Industrial Absorbent Manufacturers
  • Spill Control Product Manufacturers and Suppliers
  • Manufacturers and Suppliers from End-Use Industries
  • Environmental Protection Agencies
  • Spill Tracking & Surveillance Companies
  • Environment Regulatory Bodies and Agencies
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Research and Consulting Firms
  • Investment Banks and Private Equity Firms

Report Objectives:

  • To define, describe, and forecast the size of the global industrial absorbents market in terms of value and volume
  • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing the growth of the industrial absorbents market
  • To analyze and forecast the size of various segments (type & nature) of the industrial absorbents market based on five major regions—North America, Europe, Asia Pacific, South America, Middle East & Africa—along with key countries in each of these regions
  • To analyze recent developments and competitive strategies, such as expansions, new product developments, partnerships, and acquisitions, product launches to draw the competitive landscape of the market
  • To strategically profile the key players in the market and comprehensively analyze their core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

  • Additional country-level analysis of the industrial absorbents market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
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Published ON
Jan, 2024
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