New York, NY -- (SBWIRE) -- 02/04/2021 -- Industrial Absorbents Market

Recent drone attacks have raised the issue of safety requirements in the oil and gas sector. To decrease the severity of such emergency situations, stakeholders in the oil and gas sector are complying with safety requirements by the rising volume of industrial absorbents at their oil processing facilities.

To reduce environmental impact, manufacturers in the Industrial Absorbents Market are focusing on the innovation of all-cotton oil absorbents. Industrial absorbents made with natural materials aid companies in the industrial absorbents market to cope with stringent environmental regulations. Another major factor that is creating opportunities for manufacturers is the emergence of biodegradable industrial absorbents. These absorbents are robustly used to clean hazardous hydrocarbon oil spills in an environmental-friendly way.  End-use industries are benefitting from this technique, as this results in lesser volumes of waste at the end of the clean-up.

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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the Industrial Absorbents market and profiled in the report are:

3M, Brady Corporation, Johnson Matthey, Oil-Dri Corporation of America, Ansell, New Pig, Monarch Green, Decorus Europe, Meltblown Technologies, UES Promura, Kimberly-Clark Professional, Jaycot Industries, Chemtex, Tolsa Group, Asa Environmental Products, GEI Works, EP Minerals, Share, Absorbent Products

The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.

The report further segments the market on the basis of product types and application spectrum offered by the market.

Type (Revenue, USD Million; 2016–2027)

Universal
Oil -only
HAZMAT

Material Type (Revenue, USD Million; 2016–2027)

Natural Organic
Inorganic
Synthetic

Product (Revenue, USD Million; 2016–2027)

Pads
Rolls
Booms
Socks

End Use (Revenue, USD Million; 2016–2027)

Chemical
Oil & Gas
Food Processing

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Regional Landscape

North America accounted for a major share of the global industrial absorbents market in 2020 in terms of value and volume, and this trend is expected to prevail during the forecast period. The availability of raw materials and the presence of key manufacturers of industrial absorbents are estimated to fuel the market in North America in the coming years. The U.S. dominated the industrial absorbents market in North America, accounting for more than 66% of the market share in 2020. The industrial absorbents market in Asia Pacific is expected to see robust growth. China dominated the industrial absorbents market in Asia Pacific, accounting for more than 29% of the market share in 2020.

TOC -
Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018 – 2027

Chapter 3. Indicative Metrics

    3.1. Rising prevalence of atopic dermatitis

    3.2. Increasing incidences of allergic contact dermatitis

    3.3. Global burden of diabetes

    3.4. Worldwide cases of adverse drug reactions

Chapter 4. Industrial Absorbents Segmentation & Impact Analysis

    4.1. Industrial Absorbents Segmentation Analysis

    4.2. Industrial Absorbents Market Value Chain Analysis, 2016-2027

Continued……….

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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the Industrial Absorbents market and its competitive landscape.

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