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Chemicals and Materials

Industrial Absorbents Market- Rising Demand from Oil & Gas Industry Supporting Market Growth

An absorbent is a combination of insoluble elements that are used to absorb liquid by scooping it up and retaining it in a substance. Oil & gas, chemicals, food processing, healthcare, and personal care industries are among the major end users of industrial absorbents. They are used to clean large- and small-scale oil spills in the oil & gas industry. Accidental spillage of oil due to fuel discharge during oil processing, leakage through large-scale offshore petroleum units, mishaps during oil drilling, and oil transportation through oceanic routes can prove as a severe threat to the surrounding environment. Oil spillage worsens the water quality and adversely affects the aquatic ecosystem. A surge in the incidents of oil spillage triggers the demand for industrial absorbents in the oil & gas industry.

The oil & gas and chemical industries in various countries across the globe is rapidly growing. In the chemicals industry, a chemical spill generally occurs while transporting stored chemicals. Industrial absorbents are broadly used for cleaning such hazardous chemicals. Companies in the industrial absorbents market are capitalizing on research and development to develop absorbents that soak petroleum products. In the food processing industry, absorbents are used to prevent food ingredients such as meat, fish, or poultry from drying out during storage or transportation while retaining the original flavor and appearance of the product.

Some of the primary key players operating in the global industrial absorbents market include 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. The major players in the industrial absorbents market are focusing on strategies such as research and development and new product development to increase the geographical presence and consumer base.