Industrial Absorbents Machine Market Scope 2031
The industrial absorbents market is projected to grow from US$ 3.94 billion in 2023 to US$ 5.50 billion by 2031; the market is expected to register a CAGR of 4.3% from 2023 to 2031. The conceptualization of natural industrial absorbents is likely to remain a key trend, as it plays a vital role in ensuring environmental sustainability by absorbing oil spills and other fluids in various industrial processes.
Industrial Absorbents Market Analysis
The use of industrial absorbents is crucial within the broader environmental management and safety industry, which primarily focuses on products designed to control and clean up oil spills, chemicals, and other hazardous materials. These absorbents are vital for maintaining workplace safety and preventing environmental contamination, particularly in industries such as oil & gas, chemical manufacturing, pharmaceuticals, and food processing. The market is driven by a surge in industrial activities worldwide, as well as due to heightened awareness and regulatory measures taken for environmental protection and workplace safety. Operations of oil & gas and chemicals sectors, coupled with accidental spillage and discharge operations, among others, have hazardous effects on proximate ecosystems. Therefore, companies are mandated to have effective spill management and control measures in place. The expansion of oil & gas and chemicals industries in developing economies in Asia Pacific and the Middle East & Africa is likely to create significant opportunities in the market in the coming years.
Industrial Absorbents Market Overview
Oil & gas, chemicals, food processing, healthcare, and pharmaceutical 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 pose 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. For instance, according to the International Tanker Owners Pollution Federation Limited, in 2023, one large oil spill and nine medium oil spills from tankers were recorded, which accounted for approximately 2,000 tons of volume of oil lost to the environment. These incidents occurred in Asia, Africa, Europe, and the Americas. The rising number of oil refineries is another factor propelling the demand for industrial absorbents. The increasing number of drilling operations in the oil & gas industry in North America and the Middle East majorly contributes to the increasing demand for industrial absorbents. In the chemicals industry, chemical spills generally occur while transporting stored chemicals. Industrial absorbents are broadly used for cleaning chemicals that can be hazardous if left unattended. Thus, the increased use in different industries, including oil & gas, chemicals, food processing, and healthcare, propels the growth of the industrial absorbents market
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Industrial Absorbents Market: Strategic Insights
Market Size Value in US$ 3,850.41 million in 2022 Market Size Value by US$ 5,085.36 million by 2028 Growth rate CAGR of 4.7% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Industrial Absorbents Market: Strategic Insights
| Market Size Value in | US$ 3,850.41 million in 2022 |
| Market Size Value by | US$ 5,085.36 million by 2028 |
| Growth rate | CAGR of 4.7% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Industrial Absorbents Market Drivers and Opportunities
Surging Environmental Concerns Regarding Chemical and Oil Spills Favor Market Growth
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 abilities. Contaminated food supplies may lead to the malnourishment of animals, which may be followed by poisoning over time. The damage can be significant if oil spills happen in an area with wildlife. Oil obstructs 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. Further, oil and oil products (petroleum products) have many volatile compounds that are emitted as gases. These gases may or may not produce strong chemical odors but can contaminate the surrounding air, which could lead to health risks when exposed to these compounds for a prolonged period. Moreover, once in the air, pollutants can travel over long distances. The original contamination levels at the source and specific weather conditions may dictate the final spread of oil-contaminated air vapors. Oil spills, leading to oil slicks and sheens, also harm the aesthetic appeal and recreational value of coastal waters, shorelines, beaches, wetlands, etc. Serious consequences include the discontinuation of recreational activities in these areas, at least temporarily, until the spill is removed and the cleanup process is completed.
The incidences of oil spills may further have immediate effects on humans, fish, animals, birds, and wildlife, in general, if they come in direct contact with the spilled oil, breathe in volatilized oil components, consume food contaminated at any level in the food chain, and so on. Governments of various countries have implemented regulations concerning oil and chemical spills. For instance, Section 14 regulations of the Canada Oil and Gas Operations Act prescribe measures necessary to prevent air, land, or water pollution due to the exploration and drilling, production, storage, transportation, distribution, and other operations in the oil & gas industry. Therefore, growing concerns about the environment and the associated regulations to prevent oil spills bolster the demand for industrial absorbents across the world.
Expansion of Oil & Gas and Chemicals Industries in Progressing Economies to Create Significant Opportunities
According to the International Energy Agency, China and India have been leading contributors to the total oil production in Asia Pacific. The US Energy Information Administration ranks China as the world's fifth-largest oil-producing country. Although Asia has seen a slow but steady decline in its share in global oil production, it is expected to account for ~77% of the rise in world oil demand through 2025. Moreover, its reliance on oil imports would increase to 81% by 2025. China is also a chemical processing hub, and it accounts for a significant portion of chemicals produced globally. The country contributes to more than 35% of global chemical sales. With the growing demand for various chemicals globally, this industry is scaling up its production operations.
According to Invest India, India is the third-largest consumer of energy and oil in the world. The crude oil and petroleum products consumption in India accounted for 223.04 million metric tons in fiscal year 2023. Thus, the oil & gas industry in the country has been flourishing, with players making investments to ramp up production volumes to cater to the burgeoning demand. The Government of India has approved an order allowing 100% foreign direct investment (FDI) in sectors including petroleum products, refineries, and natural gas under automatic route for oil & gas public sector undertakings. The country also has a highly diversified chemical processing industry, which manufactures more than 70,000 products. It stands third among the largest chemical producers in Asia, in terms of volume, and it ranks seventh by output globally. According to the India Brand Equity Foundation, India is the fourth-largest producer of agrochemicals across the world. The country accounts for ~16% of the world’s dyestuffs and dye intermediates produced. The colorant industry in the country has emerged as a business with a global market share of ~15%.
The chemicals industry in the Middle East continues its dominance in global petrochemical production. The diversification strategy implemented by several players in the petrochemical field is a factor favoring the growth of the chemicals industry in this region. For instance, Saudi Aramco joined Dow Chemical to set up a joint venture that includes process units for the production of a wide range of chemicals, including glycol ethers, polyether polyols, polyolefin elastomers, isocyanates, and propylene glycol. Saudi Aramco completed the acquisition of a 70% stake in SABIC through the Public Investment Fund of Saudi Arabia to integrate their petrochemicals businesses and refining processes to address the competitive needs of the global market.
Thus, such developments in the oil & gas and chemicals industries in developing countries are likely to create significant expansion opportunities for industrial absorbents market players during the forecast period.
Industrial Absorbents Market Report Segmentation Analysis
Key segments that contributed to the derivation of the industrial absorbents market analysis are product type, type, and end-use Industry.
- The industrial absorbents market, based on product type, is segmented into pads, rolls, pillows, booms, socks, and others. The booms segment held the largest market share in 2023.
- By type, the market is segmented into universal, oil-only, and hazmat/chemical. The hazmat/chemical segment accounted for the largest share of the industrial absorbent market in 2023.
- In terms of end-use industry, the industrial absorbents market is segmented into oil & gas, chemical, food processing, healthcare, automotive, and others. The oil & gas segment led the market in 2023 with the largest revenue share.
Industrial Absorbents Market Share Analysis by Geography
In terms of geography, the industrial absorbents market is primarily segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. Asia Pacific held the largest market share in 2023 and is expected to register the highest CAGR during the forecast period. Asia Pacific has been one of the prominent markets for industrial absorbents, owing to the rapid growth of the chemicals, oil & gas, healthcare, automotive, and food processing industries, among others. Government initiatives and policies encourage the setup of different manufacturing plants by encouraging FDIs, further bolstering industrialization in their respective countries. China, South Korea, India, Australia, and Japan are among the key contributors to the industrial absorbents market in Asia Pacific. China held the largest share of the market in 2023, followed by India with the second-largest share. The China Maritime Safety Administration keeps an eye on marine pollution incidents in Chinese waters, and it is also responsible for conducting investigations and responding to these mishaps. The country also put into effect a series of new pollution regulations to control transportation via ships during 2010–2012. Such a stringent regulatory environment favors the industrial absorbent market growth in China.
Industrial Absorbents Market Report Scope
Industrial Absorbents Market News and Recent Developments
The industrial absorbents market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Finite Fiber launched PurAbsorb, an industrial super absorbent for efficient spill cleanup. (Source: Finite Fiber, Press Release, Jan 2024)
- Progressive Planet Solutions Inc. acquired Absorbent Products Ltd, a dominant manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. (Source: Progressive Planet Solutions Inc, Press Release, Feb 2022)
- Domtar expanded its Engineered Absorbent Materials (EAM) manufacturing plant in Jesup, Georgia, to support its air-laid nonwoven business. (Source: Domtar, Press Release, May 2021)
Industrial Absorbents Market Report Coverage and Deliverables
The “Industrial Absorbents Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Industrial absorbents market size and forecast for all the key market segments covered under the scope
- Industrial absorbents market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Industrial absorbents market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the industrial absorbents market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Type, and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The market is expected to register a CAGR of 4.3% during 2023–2031.
Increased use in different end-use industries and rising environmental concerns associated with chemical and oil spills fuel the market growth.
In 2023, Asia Pacific held the largest share of the global industrial absorbents market. Asia Pacific has been one of the prominent markets for industrial absorbents, owing to growth in chemical, healthcare, food processing, and other sectors. The rise in foreign direct investments leads to regional economic growth, further bolstering industrialization in the region.
The booms segment held the largest share in the global industrial absorbents market in 2023. An absorbent boom is a temporary floating barrier used to contain an oil spill. Booms reduce the possibility of polluting shorelines and other resources and help make the recovery from spills easier. These factors led to the dominance of the booms segment in 2023.
The adoption of biodegradable absorbents is expected to emerge as a future trend in the market.
3M Co, Ansell Ltd, Brady Corp, Decorus Europe Ltd, Meltblown Technologies Inc, Oil-Dri Corp of America, Schoeller Industries, Fentex Ltd, Complete Environmental Products Inc, TOLSA SA, SpillTech Environmental Inc, New Pig Corp, Empteezy Ltd, and Green Stuff Absorbentes are among the leading market players.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Macro-economic factor analysis:
3.2.2 Developing base number:
3.2.3 Data Triangulation:
3.2.4 Country level data:
3.3 Limitations and Assumptions
4. Industrial Absorbents Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Industrial Absorbents Market – Key Market Dynamics
5.1 Industrial Absorbents Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increased Use in Different End-Use Industries
5.2.2 Growing Environmental Concerns Concerning Chemical and Oil Spills
5.3 Market Restraints
5.3.1 Fluctuating Raw Material Prices
5.4 Market Opportunities
5.4.1 Expansion of Oil & Gas and Chemicals Industries in Progressing Economies
5.5 Future Trends
5.5.1 Biodegradable Absorbents
5.6 Impact of Drivers and Restraints:
6. Industrial Absorbents Market – Global Market Analysis
6.1 Industrial Absorbents Market Revenue (US$ Million), 2021–2031
6.2 Industrial Absorbents Market Forecast Analysis
7. Industrial Absorbents Market Analysis – by Product Type
7.1 Pads
7.1.1 Overview
7.1.2 Pads: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Rolls
7.2.1 Overview
7.2.2 Rolls: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Pillows
7.3.1 Overview
7.3.2 Pillows: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Booms
7.4.1 Overview
7.4.2 Booms: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Socks
7.5.1 Overview
7.5.2 Socks: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
8. Industrial Absorbents Market Analysis – by Type
8.1 Universal
8.1.1 Overview
8.1.2 Universal: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Oil-Only
8.2.1 Overview
8.2.2 Oil-Only: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Hazmat/Chemical
8.3.1 Overview
8.3.2 Hazmat/Chemical: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9. Industrial Absorbents Market Analysis – by End-use Industry
9.1 Oil and Gas
9.1.1 Overview
9.1.2 Oil and Gas: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Chemical
9.2.1 Overview
9.2.2 Chemical: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Food Processing
9.3.1 Overview
9.3.2 Food Processing: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Automotive
9.5.1 Overview
9.5.2 Automotive: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10. Industrial Absorbents Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Industrial Absorbents Market Overview
10.2.2 North America: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3 North America: Industrial Absorbents Market Breakdown, by Product Type
10.2.3.1 North America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Product Type
10.2.4 North America: Industrial Absorbents Market Breakdown, by Type
10.2.4.1 North America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Type
10.2.5 North America: Industrial Absorbents Market Breakdown, by End-use Industry
10.2.5.1 North America: Industrial Absorbents Market – Revenue and Forecast Analysis – by End-use Industry
10.2.6 North America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.2.6.1 North America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.2.6.2 United States: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.2.1 United States: Industrial Absorbents Market Breakdown, by Product Type
10.2.6.2.2 United States: Industrial Absorbents Market Breakdown, by Type
10.2.6.2.3 United States: Industrial Absorbents Market Breakdown, by End-use Industry
10.2.6.3 Canada: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.3.1 Canada: Industrial Absorbents Market Breakdown, by Product Type
10.2.6.3.2 Canada: Industrial Absorbents Market Breakdown, by Type
10.2.6.3.3 Canada: Industrial Absorbents Market Breakdown, by End-use Industry
10.2.6.4 Mexico: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.4.1 Mexico: Industrial Absorbents Market Breakdown, by Product Type
10.2.6.4.2 Mexico: Industrial Absorbents Market Breakdown, by Type
10.2.6.4.3 Mexico: Industrial Absorbents Market Breakdown, by End-use Industry
10.3 Europe
10.3.1 Europe Industrial Absorbents Market Overview
10.3.2 Europe: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3 Europe: Industrial Absorbents Market Breakdown, by Product Type
10.3.3.1 Europe: Industrial Absorbents Market – Revenue and Forecast Analysis – by Product Type
10.3.4 Europe: Industrial Absorbents Market Breakdown, by Type
10.3.4.1 Europe: Industrial Absorbents Market – Revenue and Forecast Analysis – by Type
10.3.5 Europe: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.5.1 Europe: Industrial Absorbents Market – Revenue and Forecast Analysis – by End-use Industry
10.3.6 Europe: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.3.6.1 Europe: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.3.6.2 Germany: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.2.1 Germany: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.2.2 Germany: Industrial Absorbents Market Breakdown, by Type
10.3.6.2.3 Germany: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.6.3 France: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.3.1 France: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.3.2 France: Industrial Absorbents Market Breakdown, by Type
10.3.6.3.3 France: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.6.4 United Kingdom: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.4.1 United Kingdom: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.4.2 United Kingdom: Industrial Absorbents Market Breakdown, by Type
10.3.6.4.3 United Kingdom: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.6.5 Italy: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.5.1 Italy: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.5.2 Italy: Industrial Absorbents Market Breakdown, by Type
10.3.6.5.3 Italy: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.6.6 Russia: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.6.1 Russia: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.6.2 Russia: Industrial Absorbents Market Breakdown, by Type
10.3.6.6.3 Russia: Industrial Absorbents Market Breakdown, by End-use Industry
10.3.6.7 Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.7.1 Rest of Europe: Industrial Absorbents Market Breakdown, by Product Type
10.3.6.7.2 Rest of Europe: Industrial Absorbents Market Breakdown, by Type
10.3.6.7.3 Rest of Europe: Industrial Absorbents Market Breakdown, by End-use Industry
10.4 Asia Pacific
10.4.1 Asia Pacific Industrial Absorbents Market Overview
10.4.2 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.3 Asia Pacific: Industrial Absorbents Market Breakdown, by Product Type
10.4.3.1 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast Analysis – by Product Type
10.4.4 Asia Pacific: Industrial Absorbents Market Breakdown, by Type
10.4.4.1 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast Analysis – by Type
10.4.5 Asia Pacific: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.5.1 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast Analysis – by End-use Industry
10.4.6 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.4.6.1 Asia Pacific: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.4.6.2 Australia: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.2.1 Australia: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.2.2 Australia: Industrial Absorbents Market Breakdown, by Type
10.4.6.2.3 Australia: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.6.3 China: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.3.1 China: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.3.2 China: Industrial Absorbents Market Breakdown, by Type
10.4.6.3.3 China: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.6.4 India: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.4.1 India: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.4.2 India: Industrial Absorbents Market Breakdown, by Type
10.4.6.4.3 India: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.6.5 Japan: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.5.1 Japan: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.5.2 Japan: Industrial Absorbents Market Breakdown, by Type
10.4.6.5.3 Japan: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.6.6 South Korea: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.6.1 South Korea: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.6.2 South Korea: Industrial Absorbents Market Breakdown, by Type
10.4.6.6.3 South Korea: Industrial Absorbents Market Breakdown, by End-use Industry
10.4.6.7 Rest of APAC: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.7.1 Rest of APAC: Industrial Absorbents Market Breakdown, by Product Type
10.4.6.7.2 Rest of APAC: Industrial Absorbents Market Breakdown, by Type
10.4.6.7.3 Rest of APAC: Industrial Absorbents Market Breakdown, by End-use Industry
10.5 Middle East and Africa
10.5.1 Middle East and Africa Industrial Absorbents Market Overview
10.5.2 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3 Middle East and Africa: Industrial Absorbents Market Breakdown, by Product Type
10.5.3.1 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast Analysis – by Product Type
10.5.4 Middle East and Africa: Industrial Absorbents Market Breakdown, by Type
10.5.4.1 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast Analysis – by Type
10.5.5 Middle East and Africa: Industrial Absorbents Market Breakdown, by End-use Industry
10.5.5.1 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast Analysis – by End-use Industry
10.5.6 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.5.6.1 Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.5.6.2 South Africa: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.2.1 South Africa: Industrial Absorbents Market Breakdown, by Product Type
10.5.6.2.2 South Africa: Industrial Absorbents Market Breakdown, by Type
10.5.6.2.3 South Africa: Industrial Absorbents Market Breakdown, by End-use Industry
10.5.6.3 Saudi Arabia: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.3.1 Saudi Arabia: Industrial Absorbents Market Breakdown, by Product Type
10.5.6.3.2 Saudi Arabia: Industrial Absorbents Market Breakdown, by Type
10.5.6.3.3 Saudi Arabia: Industrial Absorbents Market Breakdown, by End-use Industry
10.5.6.4 United Arab Emirates: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.4.1 United Arab Emirates: Industrial Absorbents Market Breakdown, by Product Type
10.5.6.4.2 United Arab Emirates: Industrial Absorbents Market Breakdown, by Type
10.5.6.4.3 United Arab Emirates: Industrial Absorbents Market Breakdown, by End-use Industry
10.5.6.5 Rest of Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.5.1 Rest of Middle East and Africa: Industrial Absorbents Market Breakdown, by Product Type
10.5.6.5.2 Rest of Middle East and Africa: Industrial Absorbents Market Breakdown, by Type
10.5.6.5.3 Rest of Middle East and Africa: Industrial Absorbents Market Breakdown, by End-use Industry
10.6 South and Central America
10.6.1 South and Central America Industrial Absorbents Market Overview
10.6.2 South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3 South and Central America: Industrial Absorbents Market Breakdown, by Product Type
10.6.3.1 South and Central America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Product Type
10.6.4 South and Central America: Industrial Absorbents Market Breakdown, by Type
10.6.4.1 South and Central America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Type
10.6.5 South and Central America: Industrial Absorbents Market Breakdown, by End-use Industry
10.6.5.1 South and Central America: Industrial Absorbents Market – Revenue and Forecast Analysis – by End-use Industry
10.6.6 South and Central America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.6.6.1 South and Central America: Industrial Absorbents Market – Revenue and Forecast Analysis – by Country
10.6.6.2 Brazil: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.2.1 Brazil: Industrial Absorbents Market Breakdown, by Product Type
10.6.6.2.2 Brazil: Industrial Absorbents Market Breakdown, by Type
10.6.6.2.3 Brazil: Industrial Absorbents Market Breakdown, by End-use Industry
10.6.6.3 Argentina: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.3.1 Argentina: Industrial Absorbents Market Breakdown, by Product Type
10.6.6.3.2 Argentina: Industrial Absorbents Market Breakdown, by Type
10.6.6.3.3 Argentina: Industrial Absorbents Market Breakdown, by End-use Industry
10.6.6.4 Rest of South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.4.1 Rest of South and Central America: Industrial Absorbents Market Breakdown, by Product Type
10.6.6.4.2 Rest of South and Central America: Industrial Absorbents Market Breakdown, by Type
10.6.6.4.3 Rest of South and Central America: Industrial Absorbents Market Breakdown, by End-use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Mergers And Acquisitions
12.3 Product Launch
12.4 Expansions And Other Strategic Developments
13. Company Profiles
13.1 3M Co
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Ansell Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Brady Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Decorus Europe Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Meltblown Technologies Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Oil-Dri Corp of America
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Schoeller Industries
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Fentex Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Complete Environmental Products Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 TOLSA SA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 SpillTech Environmental Inc
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 New Pig Corp
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Empteezy Ltd
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Green Stuff Absorbentes
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. Industrial Absorbents Market Segmentation
Table 2. List of Vendors in the Value Chain:
Table 3. Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 5. Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 6. Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry
Table 7. North America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 8. North America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 9. North America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 10. North America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 11. United States: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 12. United States: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 13. United States: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 14. Canada: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 15. Canada: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 16. Canada: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 17. Mexico: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 18. Mexico: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 19. Mexico: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 20. Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 21. Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 22. Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 23. Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 24. Germany: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 25. Germany: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 26. Germany: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 27. France: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 28. France: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 29. France: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 30. United Kingdom: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 31. United Kingdom: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 32. United Kingdom: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 33. Italy: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 34. Italy: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 35. Italy: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 36. Russia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 37. Russia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 38. Russia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 39. Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 40. Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 41. Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 42. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 43. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 44. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 45. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 46. Australia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 47. Australia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 48. Australia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 49. China: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 50. China: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 51. China: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 52. India: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 53. India: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 54. India: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 55. Japan: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 56. Japan: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 57. Japan: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 58. South Korea: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 59. South Korea: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 60. South Korea: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 61. Rest of APAC: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 62. Rest of APAC: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 63. Rest of APAC: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 64. Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 65. Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 66. Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 67. Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 68. South Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 69. South Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 70. South Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 71. Saudi Arabia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 72. Saudi Arabia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 73. Saudi Arabia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 74. United Arab Emirates: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 75. United Arab Emirates: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 76. United Arab Emirates: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 77. Rest of Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 78. Rest of Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 79. Rest of Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 80. South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 81. South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 82. South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 83. South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 84. Brazil: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 85. Brazil: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 86. Brazil: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 87. Argentina: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 88. Argentina: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 89. Argentina: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 90. Rest of South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Product Type
Table 91. Rest of South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 92. Rest of South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million) – by End-use Industry
Table 93. Heat Map Analysis by Key Players
List of Figures
Figure 1. Industrial Absorbents Market Segmentation, by Geography
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Industrial Absorbents Market
Figure 4. Global Chemical Production Outlook 2024 (Excluding Pharmaceuticals)
Figure 5. US Monthly Crude Oil Spot Prices (January 2019–December 2024)
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. Industrial Absorbents Market Revenue (US$ Million), 2021–2031
Figure 8. Industrial Absorbents Market Share (%) – by Product Type (2023 and 2031)
Figure 9. Pads: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Rolls: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Pillows: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Booms: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Socks: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Others: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Industrial Absorbents Market Share (%) – by Type (2023 and 2031)
Figure 16. Universal: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Oil-Only: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Hazmat/Chemical: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Industrial Absorbents Market Share (%) – by End-use Industry (2023 and 2031)
Figure 20. Oil and Gas: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Chemical: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Food Processing: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Healthcare: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Automotive: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Others: Industrial Absorbents Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Industrial Absorbents Market Breakdown by Region, 2023 and 2031 (%)
Figure 27. North America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. North America: Industrial Absorbents Market Breakdown, by Product Type (2023 and 2031)
Figure 29. North America: Industrial Absorbents Market Breakdown, by Type (2023 and 2031)
Figure 30. North America: Industrial Absorbents Market Breakdown, by End-use Industry (2023 and 2031)
Figure 31. North America: Industrial Absorbents Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 32. United States: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Canada: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. Mexico: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 35. Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 36. Europe: Industrial Absorbents Market Breakdown, by Product Type (2023 and 2031)
Figure 37. Europe: Industrial Absorbents Market Breakdown, by Type (2023 and 2031)
Figure 38. Europe: Industrial Absorbents Market Breakdown, by End-use Industry (2023 and 2031)
Figure 39. Europe: Industrial Absorbents Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 40. Germany: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. France: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. United Kingdom: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. Italy: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Russia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. Rest of Europe: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Asia Pacific: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. Asia Pacific: Industrial Absorbents Market Breakdown, by Product Type (2023 and 2031)
Figure 48. Asia Pacific: Industrial Absorbents Market Breakdown, by Type (2023 and 2031)
Figure 49. Asia Pacific: Industrial Absorbents Market Breakdown, by End-use Industry (2023 and 2031)
Figure 50. Asia Pacific: Industrial Absorbents Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 51. Australia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. China: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. India: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. Japan: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. South Korea: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Rest of APAC: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 58. Middle East and Africa: Industrial Absorbents Market Breakdown, by Product Type (2023 and 2031)
Figure 59. Middle East and Africa: Industrial Absorbents Market Breakdown, by Type (2023 and 2031)
Figure 60. Middle East and Africa: Industrial Absorbents Market Breakdown, by End-use Industry (2023 and 2031)
Figure 61. Middle East and Africa: Industrial Absorbents Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 62. South Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 63. Saudi Arabia: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 64. United Arab Emirates: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. Rest of Middle East and Africa: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 66. South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. South and Central America: Industrial Absorbents Market Breakdown, by Product Type (2023 and 2031)
Figure 68. South and Central America: Industrial Absorbents Market Breakdown, by Type (2023 and 2031)
Figure 69. South and Central America: Industrial Absorbents Market Breakdown, by End-use Industry (2023 and 2031)
Figure 70. South and Central America: Industrial Absorbents Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 71. Brazil: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 72. Argentina: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 73. Rest of South and Central America: Industrial Absorbents Market – Revenue and Forecast to 2031(US$ Million)
Figure 74. Company Positioning & Concentration
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
- Fentex Ltd
- Complete Environmental Products Inc
- TOLSA SA
- SpillTech Environmental Inc
- New Pig Corp
- Empteezy Ltd
- Green Stuff Absorbentes
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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