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Industrial Absorbents Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Pads, Rolls, Pillows, Booms, Socks, and Others), Type (Universal, Oil-Only, and Hazmat/Chemical), and End-Use Industry (Oil & Gas, Chemical, Food Processing, Healthcare, Automotive, and Others)
- Report Code : TIPRE00009411
- Pages : 167
The industrial absorbents market is expected to grow from US$ 3,850.41 million in 2022 to US$ 5,085.36 million by 2028; it is estimated to register a CAGR of 4.7% during the forecast period.
Industrial absorbents are used for cleaning up chemical and oil spills. Oil spills are long-lasting environmental disasters with a wide range of impacts. The effects of oil spills may vary, ranging from minimal to serious ones, depending on the magnitude and location of the spillage. Oil can kill surface-dwelling animals and birds by poisoning or suffocating them, or by affecting their buoyancy and natural waterproofing mechanisms. Contaminated food supplies may lead to the malnourishment of animals, which may be followed by poisoning over time. The damage can be significant if an oil spill occurs in an area with wildlife habitat. Oil disables the insulating ability of fur on mammals and impacts the water-repelling qualities of a bird’s feathers. Without insulation or water-repelling qualities, mammals and birds can die from hypothermia.
Based on product type, the global industrial absorbents market is segmented into pads, rolls, pillows, booms, socks, and others. The booms segment held the largest market share in 2022 and the socks segment is anticipated to register the highest CAGR during the forecast period. Absorbent booms help concentrate oil in thicker surface layers so that vacuums, skimmers, or other collection methods can be used with greater efficiency. As booms are resistant to acids and hydrocarbon fluids, they are widely used in the oil & gas industry. Moreover, absorbent booms absorb water-based fluids to efficiently contain hydrocarbon fluids such as vegetable oils, diesel, and hydraulic oils. The availability of absorbent booms with extremely high liquid retention abilities contributes to the dominance of the booms segment in the industrial absorbents market.
Based on type, the global industrial absorbents market is segmented into universal, oil-only, and hazmat/chemical. The hazmat/chemical segment held the largest market share in 2022, and the oil-only segment is expected to register the highest CAGR during the forecast period. Hazmat/chemical absorbent is used to handle and clean up spills of acids, bases, paints, unknown liquids, and corrosive and hazardous chemicals. Regulations related to chemical spills drive the demand for hazmat/chemical absorbents in the chemicals industry. Further, Oil-only absorbents have the unique characteristic of repelling water, and absorbing oils and fuels selectively. As these absorbents float on the water, they are extremely effective in cleaning marine oil spills. These are used in areas where frequent oil leaks, spills, or ruptures occur—such as warehouses; automotive and marine workshops; and facilities that use, store, or dispose of oils or oil-based liquids.
Based on geography, the industrial absorbents market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2022, Asia Pacific held the largest share of the market, and it is estimated to register the highest CAGR from 2022 to 2028. High disposable income of people is a major enabler of the surge in demand for commercial and passenger vehicles in Asia Pacific. Thus, increasing investments by leading automotive OEMs and rising EV manufacturing capabilities in the region are propelling the demand for conventional and electric vehicles. The proliferation of the automotive industry subsequently results in the industrial absorbents market growth in Asia Pacific. Industrial absorbents are used in automotive workshops to soak up floor spills of oil, petrol, diesel, water, and other chemicals. The absorbents used for automotive purposes do not distinguish between oil-based fluids or water-based liquids and absorb them all. Fuels and other chemicals used in automotive workshops can cause health hazards. These fluids can also cause environmental hazards as they are slick and flammable. Thus, all automotive garages use industrial absorbents to absorb all types of spills and leaks of diesel, oil, and fuel.
3M Co, Ansell Ltd, Brady Corp, Decorus Europe Ltd, Meltdown Technologies Inc, Oil-Dri Corp of America, Schoeller Industries GmbH, Fentex Ltd, Complete Environmental Products Inc, and Tolsa SA are among the key players operating in the global industrial absorbents market. These players engage in developing affordable and innovative products to meet the rising customer demands.
The overall industrial absorbents market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants in this process include VPs; business development managers; market intelligence managers; national sales managers; and external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the industrial absorbents market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Industrial Absorbents Market – By Product Type
1.3.2 Global Industrial Absorbents Market – By Type
1.3.3 Global Industrial Absorbents Market – End-Use Industry
1.3.4 Global Industrial Absorbents Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Industrial Absorbents Market Landscape
4.1 Market Overview
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Industrial Absorbents Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increased Use in Different End-Use Industries
5.1.2 Growing Environmental Concerns Concerning Chemical and Oil Spills
5.2 Market Restraints
5.2.1 Fluctuating Raw Material Prices
5.3 Market Opportunities
5.3.1 Proliferation of Oil & Gas and Chemicals Industries in Developing Economies
5.4 Future Trends
5.4.1 Biodegradable Absorbents
5.5 Impact Analysis of Drivers and Restraints
6. Industrial Absorbents – Global Market Analysis
6.1 Global Industrial Absorbents Market Overview
6.2 Industrial Absorbents Market Forecast and Analysis
6.3 Market Positioning – Key Market Players
7. Industrial Absorbents Market Analysis – By Product Type
7.1 Overview
7.2 Industrial Absorbents Market, By Product Type (2021 and 2028)
7.2.1 Pads
7.2.1.1 Overview
7.2.1.2 Pads: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.2 Rolls
7.2.2.1 Overview
7.2.2.2 Rolls: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.3 Pillows
7.2.3.1 Overview
7.2.3.2 Pillows: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.4 Booms
7.2.4.1 Overview
7.2.4.2 Booms: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.5 Socks
7.2.5.1 Overview
7.2.5.2 Socks: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.6 Others
7.2.6.1 Overview
7.2.6.2 Others: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
8. Industrial Absorbents Market Analysis – By Type
8.1 Overview
8.2 Industrial Absorbents Market, By Type (2021 and 2028)
8.3 Universal
8.3.1 Overview
8.3.2 Universal: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Oil-Only
8.4.1 Overview
8.4.2 Oil-Only: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Hazmat/Chemical
8.5.1 Overview
8.5.2 Hazmat/Chemical: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9. Industrial Absorbents Market Analysis – By End-Use Industry
9.1 Overview
9.2 Industrial Absorbents Market, By End-Use Industry (2021 and 2028)
9.3 Oil and Gas
9.3.1 Overview
9.3.2 Oil and Gas: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Chemical
9.4.1 Overview
9.4.2 Chemical: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Food Processing
9.5.1 Overview
9.5.2 Food Processing: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Healthcare
9.6.1 Overview
9.6.2 Healthcare: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Automotive
9.7.1 Overview
9.7.2 Automotive: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Others: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Mn)
10. Industrial Absorbents Market – Geographic Analysis
10.1 Overview
10.2 North America: Industrial Absorbents Market
10.2.1 North America: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Industrial Absorbents Market, By Product Type
10.2.3 North America: Industrial Absorbents Market, by Type
10.2.4 North America: Industrial Absorbents Market, by End-Use Industry
10.2.5 North America: Industrial Absorbents Market, by Key Country
10.2.5.1 US: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Industrial Absorbents Market, By Product Type
10.2.5.1.2 US: Industrial Absorbents Market, by Type
10.2.5.1.3 US: Industrial Absorbents Market, by End-Use Industry
10.2.5.2 Canada: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Industrial Absorbents Market, By Product Type
10.2.5.2.2 Canada: Industrial Absorbents Market, by Type
10.2.5.2.3 Canada: Industrial Absorbents Market, by End-Use Industry
10.2.5.3 Mexico: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Industrial Absorbents Market, By Product Type
10.2.5.3.2 Mexico: Industrial Absorbents Market, by Type
10.2.5.3.3 Mexico: Industrial Absorbents Market, by End-Use Industry
10.3 Europe: Industrial Absorbents Market
10.3.1 Europe: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Industrial Absorbents Market, By Product Type
10.3.3 Europe: Industrial Absorbents Market, by Type
10.3.4 Europe: Industrial Absorbents Market, by End-Use Industry
10.3.5 Europe: Industrial Absorbents Market, by Key Country
10.3.5.1 Germany: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Industrial Absorbents Market, By Product Type
10.3.5.1.2 Germany: Industrial Absorbents Market, by Type
10.3.5.1.3 Germany: Industrial Absorbents Market, by End-Use Industry
10.3.5.2 France: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Industrial Absorbents Market, By Product Type
10.3.5.2.2 France: Industrial Absorbents Market, by Type
10.3.5.2.3 France: Industrial Absorbents Market, by End-Use Industry
10.3.5.3 Italy: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Industrial Absorbents Market, By Product Type
10.3.5.3.2 Italy: Industrial Absorbents Market, by Type
10.3.5.3.3 Italy: Industrial Absorbents Market, by End-Use Industry
10.3.5.4 UK: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Industrial Absorbents Market, By Product Type
10.3.5.4.2 UK: Industrial Absorbents Market, by Type
10.3.5.4.3 UK: Industrial Absorbents Market, by End-Use Industry
10.3.5.5 Russia: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Industrial Absorbents Market, By Product Type
10.3.5.5.2 Russia: Industrial Absorbents Market, by Type
10.3.5.5.3 Russia: Industrial Absorbents Market, by End-Use Industry
10.3.5.6 Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Industrial Absorbents Market, By Product Type
10.3.5.6.2 Rest of Europe: Industrial Absorbents Market, by Type
10.3.5.6.3 Rest of Europe: Industrial Absorbents Market, by End-Use Industry
10.4 Asia Pacific: Industrial Absorbents Market
10.4.1 Asia Pacific: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Industrial Absorbents Market, by Product Type
10.4.3 Asia Pacific: Industrial Absorbents Market, by Type
10.4.4 Asia Pacific: Industrial Absorbents Market, by End-Use Industry
10.4.5 Asia Pacific: Industrial Absorbents Market, by Key Country
10.4.5.1 Australia: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Industrial Absorbents Market, by Product Type
10.4.5.1.2 Australia: Industrial Absorbents Market, by Type
10.4.5.1.3 Australia: Industrial Absorbents Market, by End-Use Industry
10.4.5.2 China: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Industrial Absorbents Market, by Product Type
10.4.5.2.2 China: Industrial Absorbents Market, by Type
10.4.5.2.3 China: Industrial Absorbents Market, by End-Use Industry
10.4.5.3 India: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Industrial Absorbents Market, by Product Type
10.4.5.3.2 India: Industrial Absorbents Market, by Type
10.4.5.3.3 India: Industrial Absorbents Market, by End-Use Industry
10.4.5.4 Japan: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Industrial Absorbents Market, by Product Type
10.4.5.4.2 Japan: Industrial Absorbents Market, by Type
10.4.5.4.3 Japan: Industrial Absorbents Market, by End-Use Industry
10.4.5.5 South Korea: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Industrial Absorbents Market, by Product Type
10.4.5.5.2 South Korea: Industrial Absorbents Market, by Type
10.4.5.5.3 South Korea: Industrial Absorbents Market, by End-Use Industry
10.4.5.6 Rest of Asia Pacific: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Industrial Absorbents Market, by Product Type
10.4.5.6.2 Rest of Asia Pacific: Industrial Absorbents Market, by Type
10.4.5.6.3 Rest of Asia Pacific: Industrial Absorbents Market, by End-Use Industry
10.5 Middle East & Africa: Industrial Absorbents Market
10.5.1 Middle East & Africa: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East & Africa: Industrial Absorbents Market, by Product Type
10.5.3 Middle East & Africa: Industrial Absorbents Market, by Type
10.5.4 Middle East & Africa: Industrial Absorbents Market, by End-Use Industry
10.5.5 Middle East & Africa: Industrial Absorbents Market, by Key Country
10.5.5.1 South Africa: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Industrial Absorbents Market, by Product Type
10.5.5.1.2 South Africa: Industrial Absorbents Market, by Type
10.5.5.1.3 South Africa: Industrial Absorbents Market, by End-Use Industry
10.5.5.2 Saudi Arabia: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Industrial Absorbents Market, by Product Type
10.5.5.2.2 Saudi Arabia: Industrial Absorbents Market, by Type
10.5.5.2.3 Saudi Arabia: Industrial Absorbents Market, by End-Use Industry
10.5.5.3 UAE: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Industrial Absorbents Market, by Product Type
10.5.5.3.2 UAE: Industrial Absorbents Market, by Type
10.5.5.3.3 UAE: Industrial Absorbents Market, by End-Use Industry
10.5.5.4 Rest of Middle East & Africa: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East & Africa: Industrial Absorbents Market, by Product Type
10.5.5.4.2 Rest of Middle East & Africa: Industrial Absorbents Market, by Type
10.5.5.4.3 Rest of Middle East & Africa: Industrial Absorbents Market, by End-Use Industry
10.6 South & Central America: Industrial Absorbents Market
10.6.1 South & Central America: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 South & Central America: Industrial Absorbents Market, by Product Type
10.6.3 South & Central America: Industrial Absorbents Market, by Type
10.6.4 South & Central America: Industrial Absorbents Market, by End-Use Industry
10.6.5 South & Central America: Industrial Absorbents Market, by Key Country
10.6.5.1 Brazil: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Industrial Absorbents Market, by Product Type
10.6.5.1.2 Brazil: Industrial Absorbents Market, by Type
10.6.5.1.3 Brazil: Industrial Absorbents Market, by End-Use Industry
10.6.5.2 Argentina: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Industrial Absorbents Market, by Product Type
10.6.5.2.2 Argentina: Industrial Absorbents Market, by Type
10.6.5.2.3 Argentina: Industrial Absorbents Market, by End-Use Industry
10.6.5.3 Rest of South & Central America: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South & Central America: Industrial Absorbents Market, by Product Type
10.6.5.3.2 Rest of South & Central America: Industrial Absorbents Market, by Type
10.6.5.3.3 Rest of South & Central America: Industrial Absorbents Market, by End-Use Industry
11. Impact of COVID-19 Pandemic on Global Industrial Absorbents Market
11.1 Impact of COVID-19 on Industrial Absorbents Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 3M Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ansell Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Brady Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Decorus Europe Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Meltblown Technologies Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Oil-Dri Corp of America
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Schoeller Industries GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Fentex Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Complete Environmental Products Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Tolsa SA
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Global Industrial Absorbents Market Revenue Forecast to 2028 (US$ Mn)
Table 2. Global Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Industrial Absorbents Market, Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. UK Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. UK Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Industrial Absorbents Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Industrial Absorbents Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East & Africa Industrial Absorbents Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East & Africa Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East & Africa Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of Middle East & Africa Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of Middle East & Africa Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of Middle East & Africa Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 74. South & Central America Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. South & Central America Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. South & Central America Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 77. Brazil Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 80. Argentina Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of South & Central America Industrial Absorbents Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South & Central America Industrial Absorbents Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South & Central America Industrial Absorbents Market, by End-Use Industry – Revenue and Forecast to 2028 (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. Industrial Absorbents Market Segmentation
Figure 2. Industrial Absorbents Market Segmentation – By Region
Figure 3. Global Industrial Absorbents Market Overview
Figure 4. Hazmat/Chemical segment holds the largest share
Figure 5. Asia Pacific Held Largest Share of Industrial Absorbents Market in 2021
Figure 6. Global Industrial Absorbents Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Ecosystem: Industrial Absorbents Market
Figure 9. Expert Opinion
Figure 10. Industrial Absorbents Market: Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Industrial Absorbents Market
Figure 12. Global Industrial Absorbents Market Forecast and Analysis, 2020–2028 (US$ Mn)
Figure 13. Industrial Absorbents Market Revenue Share, By Product Type (2021 and 2028)
Figure 14. Pads: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Rolls: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Pillows: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Booms: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Socks: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Others: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Industrial Absorbents Market Revenue Share, By Type (2021 and 2028)
Figure 21. Universal: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Oil-Only: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Hazmat/Chemical: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Industrial Absorbents Market Revenue Share, By End-Use Industry (2021 and 2028)
Figure 25. Plant-Derived Industrial Absorbents: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Chemical: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Food Processing: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Healthcare: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 29. Automotive: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Others: Industrial Absorbents Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 31. Global Industrial Absorbents Market Revenue Share, By Region (2021 and 2028)
Figure 32. North America: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Industrial Absorbents Market Revenue Share, By Product Type (2021 and 2028)
Figure 34. North America: Industrial Absorbents Market Revenue Share, by Type (2021 and 2028)
Figure 35. North America: Industrial Absorbents Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 36. North America: Industrial Absorbents Market Revenue Share, by Key Country (2021 and 2028)
Figure 37. US: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Industrial Absorbents Market Revenue Share, By Product Type (2021 and 2028)
Figure 42. Europe: Industrial Absorbents Market Revenue Share, by Type (2021 and 2028)
Figure 43. Europe: Industrial Absorbents Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 44. Europe: Industrial Absorbents Market Revenue Share, by Key Country (2021 and 2028)
Figure 45. Germany: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Asia Pacific: Industrial Absorbents Market Revenue Share, by Product Type (2021 and 2028)
Figure 53. Asia Pacific: Industrial Absorbents Market Revenue Share, by Type (2021 and 2028)
Figure 54. Asia Pacific: Industrial Absorbents Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 55. Asia Pacific: Industrial Absorbents Market Revenue Share, by Key Country (2021 and 2028)
Figure 56. Australia: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. China: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. India: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Japan: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of Asia Pacific: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East & Africa: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Middle East & Africa: Industrial Absorbents Market Revenue Share, by Product Type (2021 and 2028)
Figure 64. Middle East & Africa: Industrial Absorbents Market Revenue Share, by Type (2021 and 2028)
Figure 65. Middle East & Africa: Industrial Absorbents Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 66. Middle East & Africa: Industrial Absorbents Market Revenue Share, by Key Country (2021 and 2028)
Figure 67. South Africa: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Saudi Arabia: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. Rest of Middle East & Africa: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. South & Central America: Industrial Absorbents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. South & Central America: Industrial Absorbents Market Revenue Share, by Product Type (2021 and 2028)
Figure 73. South & Central America: Industrial Absorbents Market Revenue Share, by Type (2021 and 2028)
Figure 74. South & Central America: Industrial Absorbents Market Revenue Share, by End-Use Industry (2021 and 2028)
Figure 75. South & Central America: Industrial Absorbents Market Revenue Share, by Key Country (2021 and 2028)
Figure 76. Brazil: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 77. Argentina: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 78. Rest of South & Central America: Industrial Absorbents Market –Revenue and Forecast to 2028 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic on North America Country Markets
Figure 80. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 81. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 82. Impact of COVID-19 Pandemic on Middle East & Africa Country Markets
Figure 83. Impact of COVID-19 Pandemic on South & Central America Country Markets
• Progressive industry trends in the industrial absorbents market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the industrial absorbents market from 2020 to 2028
• Estimation of the demand for industrial absorbents across various industries
• Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
• Recent developments to understand the competitive market scenario and the demand for industrial absorbents across the globe
• Market trends and outlook coupled with factors driving and restraining the growth of the industrial absorbents market.
• Decision-making process by understanding strategies that underpin commercial interest concerning the global industrial absorbents’ market growth
• The global industrial absorbents market size at various nodes of market
• Detailed overview and segmentation of the industrial absorbents market as well as its dynamics in the industry
• The industrial absorbents market size in different regions with promising growth opportunities
The List of Companies – Industrial Absorbents Market
• 3M Co
• Ansell Ltd
• Brady Corp
• Decorus Europe Ltd
• Meltblown Technologies Inc
• Oil-Dri Corp of America
• Schoeller Industries GmbH
• Fentex Ltd
• Complete Environmental Products Inc
• Tolsa SA
The scope of our recent study on the “Industrial Absorbents Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Type, and End-Use Industry” includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments. The report also provides a market share analysis.
The industrial absorbents market is expected to grow from US$ 3,850.41 million in 2022 to US$ 5,085.36 million by 2028; it is estimated to register a CAGR of 4.7% from 2022 to 2028.
Industrial absorbents are used for cleaning up chemical and oil spills. Oil spills are long-lasting environmental disasters with a wide range of impacts. The effects of oil spills can vary, ranging from minimal to serious ones, depending on the magnitude and location of the spillage. Oil can kill surface-dwelling animals and birds by poisoning or suffocating them, or by affecting their buoyancy and natural waterproofing mechanisms. Contaminated food supplies may lead to the malnourishment of animals, which may be followed by poisoning over time. The damage can be significant if an oil spill occurs in an area with wildlife habitat. Oil disables the insulating ability of fur on mammals and impacts the water-repelling qualities of a bird’s feathers. Without insulation or water-repelling qualities, mammals and birds can die from hypothermia.
Based on product type, the industrial absorbents market is segmented into pads, rolls, pillows, booms, socks, and others. The socks segment is expected to register the highest CAGR during the forecast period. An absorbent sock is a long, enclosed tube filled with granular materials that block, absorb, and chemically treat liquid spills (in some cases). Absorbent socks absorb high volumes and restrict the spread of liquids. They are flexible and provide a snug fit to prevent any seepage, and they retain fluids for a longer period. These socks can be used as dams and placed around the spillage area for a cover-up.
The industrial absorbents market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific held the largest market share in 2022, and the region is expected to register the highest CAGR during the forecast period. The growing production and sales of oil & gas and chemicals in Asia Pacific is a key factor driving the industrial absorbents market growth in the region. India and China are among the largest producers of oil & gas and chemical, which provides a major marketplace for industrial absorbent vendors. Moreover, the growing food processing and automotive industries are creating demand for industrial absorbents in Asia Pacific.
Impact of COVID-19 Pandemic on Industrial Absorbents Market
The onset of the COVID-19 pandemic forced the shutdown of vehicle manufacturing plants in 2020, which hampered the demand for industrial absorbents. Moreover, politically enforced measures to contain the disease such as implementing curfews; closing factories, offices, and dealerships; and laying off short-time workers led to decreased sales of industrial absorbents. Furthermore, disrupted global supply chains hampered the availability of raw materials at manufacturing plants, further impacting manufacturing activities, delivery schedules, and essential and nonessential product sales. All these factors hindered various industries in 2020 and early 2021, thus, restraining the industrial absorbents market growth.
However, in 2021, various economies resumed operation as governments of various countries announced the relaxation of the previously imposed restrictions, which boosted the global marketplace. Further, manufacturers were permitted to operate at full capacities, which helped them overcome the demand–supply gaps and other repercussions. Resurgence in the operations of oil & gas and chemical industries is expected to provide the impetus for the industrial absorbents market growth during the forecast period.
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1.1.1 Industrial Absorbents Market Breakdown – by Region
The report segments the industrial absorbents market as follows:
Based on product type, the industrial absorbents market is segmented into pads, rolls, pillows, booms, socks, and others. By type, the market is segmented into universal, oil-only, and hazmat/chemical. In terms of end-use industry, the industrial absorbents market is segmented into oil & gas, chemical, food processing, healthcare, automotive, and others. Based on geography, the industrial absorbents market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.
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