Oil Pollution Remediation Materials Market 2030 | Size, Share
[Research Report] The oil pollution remediation materials market analysis was valued at US$ 3,684.36 million in 2022 and is expected to reach US$ 4,749.56 million by 2030; it is estimated to register a CAGR of 3.2% from 2022 to 2030.
Market Analysis
The oil pollution remediation materials are utilized to reduce the high risk of contamination of water bodies due to various oil exploration, transport, and industrial operational activities that are taking place across the globe. The remediation techniques are majorly classified into physical remediation, chemical remediation, thermal remediation, and bioremediation. They are considered extremely important for tackling the problems of marine oil spills. The physical remediation consists of materials such as booms, skimmers, and adsorbent materials. The chemical remediation materials include dispersants and solidifiers.
Major factors driving the oil pollution remediation materials market growth are the rising offshore oil exploration and transportation activities and government regulations related to oil spill preparedness and responses. In the past few years, governments of various countries have designed oil spill cleanup regulations to ensure a prompt and effective response to environmental emergencies. These regulations typically outline procedures, technologies, and standards that companies must follow to contain, control, and clean up oil spills. Regulations often stipulate the type of remediation materials that must be employed to minimize environmental impact and ensure effective cleanup. The rising need for effective oil spill cleanup propels the demand for remediation materials.
As environmental concerns and regulations intensify, there is a growing emphasis on using advanced and eco-friendly materials for remediation. Certain absorbents, dispersants, and barriers may be mandated to meet safety and efficacy standards, promoting the use of environment-friendly and efficient materials in oil spill response efforts. Governments and the oil industry have preparedness plans to conduct regular oil spill response. Government mandates to address oil spills promptly, and minimization of ecological impact have driven the demand for absorbents, dispersants, and other remediation materials. In 2023, the US Environmental Protection Agency strengthened standards to improve oil spill responses in the US waters and adjoining shorelines under the federal government’s National Contingency Plan (NCP). The standards include the development of effective oil spill remediation products, such as chemical and biological agents, and the provision of transparency and information related to the use of these products.
Increased offshore exploration and drilling activities, transportation of oil via pipelines or tankers, and human errors during oil extraction and storage propel the chances of oil spill incidences. According to the International Energy Agency, the global oil demand rebounded in 2021, and Asia is expected to account for 77% of oil demand by 2025. Asia’s oil import requirements are expected to surpass 31 million barrels per day by 2025. Governments of various countries in Asia Pacific have initiated oil projects to cater to the rising demand for oil in the region. In 2023, PETRONAS and its Petroleum Arrangement Contractors reported 19 oil and gas exploration discoveries and two exploration-appraisal successes, contributing to more than 1 billion barrels of oil equivalent of new resources for Malaysia. This is the result of an intensified exploration program pursued in the last few years, which saw the drilling of 25 wells. Since 2015, it is the highest number of exploration wells drilled in a single year.
Growth Drivers and Challenges
According to a report released by the US Energy Information Administration on January 2024, crude oil production has increased since the COVID-19 pandemic as of January 9, 2024, reversing a two-year decline. The US crude oil production rose from 11.27 million barrels/day in 2021 to 13.21 million barrels/day in 2023 and is forecasted to reach 13.44 million barrels/day by 2024. According to the Canada Energy Regulator, most of the crude oil produced in Canada is shipped using pipelines from western provinces to refineries in the US, Ontario, and Quebec. According to the report published by Bruegel AISBL in 2023, Russia was among the top five largest energy producers and consumers across the world in 2021. During the same year, it produced 595.2 million metric ton of crude oil, of which 286.6 million metric ton was exported. Thus, the rising offshore oil exploration and transportation activities drive the oil pollution remediation materials market.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Oil Pollution Remediation Materials Market: Strategic Insights
Market Size Value in US$ 3,684.36 million in 2022 Market Size Value by US$ 4,749.56 million by 2030 Growth rate CAGR of 3.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Oil Pollution Remediation Materials Market: Strategic Insights
![oil-pollution-remediation-materials-market](https://www.theinsightpartners.com/assets/rdimages/oil-pollution-remediation-materials-market-img1.png)
Market Size Value in | US$ 3,684.36 million in 2022 |
Market Size Value by | US$ 4,749.56 million by 2030 |
Growth rate | CAGR of 3.2% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
![Analyst Image](https://www.theinsightpartners.com/assets/shejal-jamdade.jpg)
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
![Analyst Image](https://www.theinsightpartners.com/assets/images/speak_analyst.gif)
Report Segmentation and Scope
The "Global Oil Pollution Remediation Materials Market Forecast Analysis" has been carried out by considering the following segments: type and geography. The report provides key statistics on the use of oil pollution remediation materials across the world, along with their demand in major regions and countries. In addition, the report provides a qualitative assessment of factors affecting the market performance in major regions and countries. It also includes a comprehensive analysis of the leading players in the oil pollution remediation materials market and their key strategic developments. Analysis of the market dynamics is also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in generating higher revenues.
The ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global market, which helps understand the entire supply chain and various factors influencing the oil pollution remediation materials market growth.
Segmental Analysis
The global oil pollution remediation materials market is segmented on the basis of type. Based on type, the market is segmented into physical remediation (booms, skimmers, and adsorbent materials), chemical remediation (dispersants and solidifiers), thermal remediation, and bioremediation. The physical remediation segment holds the largest oil pollution remediation materials market share. Physical remediation is commonly used to control oil spills in a water environment. It is used to contain and recover oil that remains on the water surface without changing its properties. It is also mainly used as a barrier to control the spreading of oil spills without changing its physical and chemical characteristics. The most common advantage of using physical remediation methods is that oil retains its properties. Therefore, it can still be refined and used in the future, reducing waste and potentially mitigating financial losses. The physical remediation process includes booms, skimmers, and sorbent materials.
Regional Analysis
The report provides a detailed overview of the global oil pollution remediation materials market with respect to five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The Middle East & Africa (MEA) accounted for the largest global oil pollution remediation materials market share and was valued at over US$ 1,500 million in 2022. The Middle East & Africa (MEA) marks the presence of major oil drilling businesses operating in the region. The market in Asia Pacific (APAC) is expected to reach over US$ 1,000 million by 2030. The market in North America is expected to record a CAGR of ~3% from 2022 to 2030. The Middle East & Africa is home to major crude oil reserves; the number of crude oil exploration activities has surged notably in this region in the past few years. Developments in technologies that aid in oil exploration and production operations have propelled the risk of oil spills, driving the demand for oil pollution remediation materials and services. Thus, developments in technologies are contributing to the growing oil pollution remediation materials market size in the Middle East & Africa.
Oil Pollution Remediation Materials Market Report Scope
Competitive Landscape and Key Companies
Sarva Bio Remed LLC, Oil Technics Ltd, Ansell Ltd, Oil-Dri Corp of America, Verde Environmental Group Ltd, Ecolab Inc, Cosco Shipping Heavy Industry Co Ltd, Regenesis, TOLSA SA, and CL Solutions LLC are among the prominent players profiled in the oil pollution remediation materials market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The oil pollution remediation materials market report also includes company positioning and concentration to evaluate the performance of competitors/players in the market.
Industry Developments and Future Opportunities
Initiatives taken by the key players operating in the oil pollution remediation materials market are listed below:
In November 2022, Ansell Ltd invested ~US$ 80 million in the greenfield manufacturing plant in India.
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Type
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The major players operating in the global oil pollution remediation materials market are Sarva Bio Remed LLC, Oil Technics Ltd, Ansell Ltd, Oil-Dri Corp of America, Verde Environmental Group Ltd, Ecolab Inc, Cosco Shipping Heavy Industry Co Ltd, Regenesis, TOLSA SA, CL Solutions LLC, Procon Environmental Technologies (Pty) Ltd, Brady Corp, Oil Spill Eater International Corp, Osprey Spill Control, NOV Inc, Fender & Spill Response Services LLC, RX Marine International, Cura Inc, Compania Espanola de Petroleos SA, and SkimOIL LLC.
Rising awareness of environmental issues across the world has led to an emphasis on sustainable practices. Stringent environmental regulations and compliance standards have prompted companies to adopt clean and environment-friendly practices. Companies and governments seek remediation solutions that minimize ecological impact. Thus, market players offering eco-friendly solutions for oil spill cleanup are likely to attract a large customer base and gain favor with regulatory bodies. This demand for eco-friendly solutions aligns with global efforts to mitigate the impact of pollution and support the development of green technologies.
Middle East & Africa accounted for the largest share of the global oil pollution remediation materials market. The Middle East & Africa is home to major crude oil reserves; the number of crude oil exploration activities has surged notably in this region in the past few years. Developments in technologies that aid in oil exploration and production operations have propelled the risk of oil spills, driving the demand for oil pollution remediation materials and services.
Based on type, the oil pollution remediation materials market is segmented into physical remediation (booms, skimmers, and adsorbent materials), chemical remediation (dispersants and solidifiers), thermal remediation, and bioremediation. Physical remediation is commonly used to control oil spills in a water environment. It is used to contain and recover oil that remains on the water surface without changing its properties. It is also mainly used as a barrier to control the spreading of oil spills without changing its physical and chemical characteristics.
Increased offshore exploration and drilling activities, transportation of oil via pipelines or tankers, and human errors during oil extraction and storage propel the chances of oil spill incidences. According to the International Energy Agency, the global oil demand rebounded in 2021, and Asia is expected to account for 77% of oil demand by 2025. Asia’s oil import requirements are expected to surpass 31 million barrels per day by 2025. Governments of various countries in Asia Pacific have initiated oil projects to cater to the rising demand for oil in the region.
Based on type, the bioremediation segment is expected to grow fastest during the forecast period. Bioremediation involves the use of additives to accelerate biodegradation, a natural process in which microorganisms break down complex compounds into simpler products to obtain energy and nutrients. Biostimulation and bioaugmentation are two widely used bioremediation approaches.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.3 Limitations and Assumptions
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Oil Pollution Remediation Materials Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. Oil Pollution Remediation Materials Market – Key Market Dynamics
5.1 Oil Pollution Remediation Materials Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Offshore Oil Exploration and Transportation Activities
5.2.2 Government Regulations Related to Oil Spill Preparedness and Responses
5.3 Market Restraints
5.3.1 Fluctuations in Raw Material Prices of Physical and Chemical Remediation
5.4 Market Opportunities
5.4.1 Growing Emphasis on Utilization of Efficient and Eco-friendly Oil Pollution Remediation Solutions
5.5 Future Trends
5.5.1 Development of Novel Oil Pollution Remediation Materials
5.6 Impact of Drivers and Restraints:
6. Oil Pollution Remediation Materials Market – Global Market Analysis
6.1 Oil Pollution Remediation Materials Market Revenue (US$ Million), 2022–2030
6.2 Oil Pollution Remediation Materials Market Forecast Analysis
7. Oil Pollution Remediation Materials Market Analysis – by Type
7.1 Physical Remediation
7.1.1 Overview
7.1.2 Physical Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.1.3 Booms
7.1.3.1 Overview
7.1.3.2 Booms: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.1.4 Skimmers
7.1.4.1 Overview
7.1.4.2 Skimmers: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.1.5 Adsorbent Materials
7.1.5.1 Overview
7.1.5.2 Adsorbent Materials: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Chemical Remediation
7.2.1 Overview
7.2.2 Chemical Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.2.3 Dispersants
7.2.3.1 Overview
7.2.3.2 Dispersants: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.2.4 Solidifiers
7.2.4.1 Overview
7.2.4.2 Solidifiers: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Thermal Remediation
7.3.1 Overview
7.3.2 Thermal Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Bioremediation
7.4.1 Overview
7.4.2 Bioremediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8. Oil Pollution Remediation Materials Market – Geographical Analysis
8.1 Overview
8.2 North America
8.2.1 North America Oil Pollution Remediation Materials Market Overview
8.2.2 North America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.2.3 North America: Oil Pollution Remediation Materials Market Breakdown, by Type
8.2.3.1 North America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Type
8.2.4 North America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.2.4.1 North America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.2.4.2 US: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.2.4.2.1 US: Oil Pollution Remediation Materials Market Breakdown, by Type
8.2.4.3 Canada: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.2.4.3.1 Canada: Oil Pollution Remediation Materials Market Breakdown, by Type
8.2.4.4 Mexico: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.2.4.4.1 Mexico: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3 Europe
8.3.1 Europe Oil Pollution Remediation Materials Market Overview
8.3.2 Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.3 Europe: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.3.1 Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Type
8.3.4 Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.3.4.1 Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.3.4.2 Germany: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.2.1 Germany: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.4.3 France: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.3.1 France: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.4.4 UK: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.4.1 UK: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.4.5 Italy: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.5.1 Italy: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.4.6 Russia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.6.1 Russia: Oil Pollution Remediation Materials Market Breakdown, by Type
8.3.4.7 Rest of Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.3.4.7.1 Rest of Europe: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4 Asia Pacific
8.4.1 Asia Pacific Oil Pollution Remediation Materials Market Overview
8.4.2 Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.3 Asia Pacific: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.3.1 Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Type
8.4.4 Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.4.4.1 Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.4.4.2 Australia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.2.1 Australia: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.4.3 China: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.3.1 China: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.4.4 India: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.4.1 India: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.4.5 Japan: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.5.1 Japan: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.4.6 South Korea: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.6.1 South Korea: Oil Pollution Remediation Materials Market Breakdown, by Type
8.4.4.7 Rest of APAC: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.4.4.7.1 Rest of APAC: Oil Pollution Remediation Materials Market Breakdown, by Type
8.5 Middle East and Africa
8.5.1 Middle East and Africa Oil Pollution Remediation Materials Market Overview
8.5.2 Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.5.3 Middle East and Africa: Oil Pollution Remediation Materials Market Breakdown, by Type
8.5.3.1 Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Type
8.5.4 Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.5.4.1 Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.5.4.2 South Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.5.4.2.1 South Africa: Oil Pollution Remediation Materials Market Breakdown, by Type
8.5.4.3 Saudi Arabia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.5.4.3.1 Saudi Arabia: Oil Pollution Remediation Materials Market Breakdown, by Type
8.5.4.4 UAE: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.5.4.4.1 UAE: Oil Pollution Remediation Materials Market Breakdown, by Type
8.5.4.5 Rest of Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.5.4.5.1 Rest of Middle East and Africa: Oil Pollution Remediation Materials Market Breakdown, by Type
8.6 South and Central America
8.6.1 South and Central America Oil Pollution Remediation Materials Market Overview
8.6.2 South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.6.3 South and Central America: Oil Pollution Remediation Materials Market Breakdown, by Type
8.6.3.1 South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Type
8.6.4 South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.6.4.1 South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast Analysis – by Country
8.6.4.2 Brazil: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.6.4.2.1 Brazil: Oil Pollution Remediation Materials Market Breakdown, by Type
8.6.4.3 Argentina: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.6.4.3.1 Argentina: Oil Pollution Remediation Materials Market Breakdown, by Type
8.6.4.4 Rest of South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
8.6.4.4.1 Rest of South and Central America: Oil Pollution Remediation Materials Market Breakdown, by Type
9. Oil Pollution Remediation Materials Market – Impact of COVID-19 Pandemic
9.1 Pre & Post COVID-19 Impact
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Expansion
11.3 Partnerships
12. Company Profiles
12.1 Sarva Bio Remed LLC
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 Oil Technics 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 Ansell Ltd
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 Oil-Dri Corp of America
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 Verde Environmental Group Ltd
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 Ecolab Inc
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 Cosco Shipping Heavy Industry Co Ltd
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 Regenesis
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 TOLSA SA
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 CL Solutions LLC
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
List of Tables
Table 1. Oil Pollution Remediation Materials Market Segmentation
Table 2. Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 4. North America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 5. North America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 6. US: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 7. Canada: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 8. Mexico: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 9. Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 10. Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 11. Germany: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 12. France: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 13. UK: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 14. Italy: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 15. Russia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 16. Rest of Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 17. Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 18. Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 19. Australia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 20. China: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 21. India: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 22. Japan: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 23. South Korea: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 24. Rest of APAC: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 25. Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 26. Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 27. South Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 28. Saudi Arabia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 29. UAE: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 30. Rest of Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 31. South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 32. South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 33. Brazil: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 34. Argentina: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 35. Rest of South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million) – by Type
List of Figures
Figure 1. Oil Pollution Remediation Materials Market Segmentation, by Geography
Figure 2. Oil Pollution Remediation Materials Market – Porter's Analysis
Figure 3. Ecosystem: Encapsulated Gaskets and Seals Market
Figure 4. Crude Oil Production (Million Barrels per Day) in US
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Oil Pollution Remediation Materials Market Revenue (US$ Million), 2022–2030
Figure 7. Oil Pollution Remediation Materials Market Share (%) – by Type (2022 and 2030)
Figure 8. Physical Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Booms: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Skimmers: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Adsorbent Materials: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Chemical Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Dispersants: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Solidifiers: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Thermal Remediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Bioremediation: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Oil Pollution Remediation Materials Market Breakdown by Region, 2022 and 2030 (%)
Figure 18. North America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 19. North America: Oil Pollution Remediation Materials Market Breakdown, by Type (2022 and 2030)
Figure 20. North America: Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 21. US: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Canada: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Mexico: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Europe: Oil Pollution Remediation Materials Market Breakdown, by Type (2022 and 2030)
Figure 26. Europe: Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 27. Germany: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 28. France: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 29. UK: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 30. Italy: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 31. Russia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 32. Rest of Europe: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 33. Asia Pacific: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 34. Asia Pacific: Oil Pollution Remediation Materials Market Breakdown, by Type (2022 and 2030)
Figure 35. Asia Pacific: Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 36. Australia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 37. China: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 38. India: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 39. Japan: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 40. South Korea: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 41. Rest of APAC: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 42. Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030 (US$ Million)
Figure 43. Middle East and Africa: Oil Pollution Remediation Materials Market Breakdown, by Type (2022 and 2030)
Figure 44. Middle East and Africa: Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 45. South Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 46. Saudi Arabia: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 47. UAE: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 48. Rest of Middle East and Africa: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 49. South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 50. South and Central America: Oil Pollution Remediation Materials Market Breakdown, by Type (2022 and 2030)
Figure 51. South and Central America: Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 52. Brazil: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 53. Argentina: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 54. Rest of South and Central America: Oil Pollution Remediation Materials Market – Revenue and Forecast to 2030(US$ Million)
Figure 55. Heat Map Analysis by Key Players
Figure 56. Company Positioning & Concentration
The List of Companies - Oil Pollution Remediation Materials Market
- Sarva Bio Remed LLC
- Oil Technics Ltd
- Ansell Ltd
- Oil-Dri Corp of America
- Verde Environmental Group Ltd
- Ecolab Inc
- Cosco Shipping Heavy Industry Co Ltd
- Regenesis
- TOLSA SA
- CL Solutions LLC
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.