Global Industrial Absorbent Market Outlook to 2027
According to BlueQuark Research & Consulting, the global Industrial Absorbent market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing use of Industrial Absorbent in the chemical industry, absorbing the spilled chemical, allowing it to dispose of safely, and protecting the environment from contamination, are expected to drive the global market. Further, in the oil & gas industry, oil spill absorbents are pads and booms that can be quickly deployed for spill response, and they function by absorbing and holding oil are projected to drive the global market. Furthermore, in the food industry, excess moisture in a package of food products is unfavorable to the quality of food products, absorbents are used to reduce the moisture content in the food are expected to drive market growth. However, the adverse conditions arising due to the Covid-19 pandemic outbreak are expected to hinder the global market growth.
Industrial Absorbent is used in the chemical industry for aggressive chemicals like acids and bases that neutralize the chemical and encapsulate the liquid. It is used to absorb oil spills in the oil & gas industry and absorbs moisture from the meat, poultry, and perishable food products. The absorbent is used for surgical dressings, cosmetic purposes, and sanitary products in the healthcare industry. The absorbent is used for skin comfort, static build-up, shrinkage, water repellency, and wrinkle recovery in the textile industry.
The Chemical Industry is the most vital consumer of Industrial Absorbent and is projected to drive the Global Market. The most popular chemical absorbent is universal. Due to their versatility, universal absorbents are intended for oil and water-based chemical spills, making the Global Market for Industrial Absorbentbound to rise. Indian manufacturers' revenue grew by 11% between FY15 and FY21, increasing India’s global specialty chemicals industry to 4% from 3%. The chemical producer’s Capex will rise to 50% in FY22 to INR 6000-6200 crore (USD 815-842 million). If the company deals strictly with oil-based chemicals, oil-only absorbents are explicitly designed for oil-based spills. The other type of chemical absorbent is booms. No matter how significant the spillis, booms offer a safe and effective way to contain and control it. The demand for the industry shoots, thus driving the Global Industrial Absorbent Industry. Therefore the mentioned use of Industrial Absorbent in the Chemical Industry is expected to grow and drive the overall market in the future.
The Asia-Pacific region is expected to be the leader in the production and consumption of Industrial Absorbents, with most of the consumption in countries like China and India. Nippon Shokubai (Japan) is a global chemical company and boasts the world’s top-class production capacity for superabsorbent polymers. With the growing demand for industrialization, the market for the chemical industry is growing, and in the event of a spill, the absorbent will allow to effectively contain and clean the chemical in less time, thus driving the global Industrial Absorbent market. The demand for Industrial Absorbent is increasing in the oil & gas industry, and oil is absorbed using absorbent materials in regions with limited depth and access as well as in conditions where recovering oil spills from the water surface is difficult, which is driving the need for Industrial Absorbent in the Global Market. In the food industry, meat, poultry, and other perishable foods products naturally contain liquid and juicespacked with an absorbent material in the bottom of the tray to absorb the liquids is expected to drive the demand for Industrial Absorbent in the market. The absorbent is used in hospitals, dispensaries, and nursing homes to absorb body fluids and make conventional sanitary napkins or pads in the healthcare industry, driving the global Industrial Absorbent market. In the textile industry, Absorbent is used to absorb the moisture from the wearer and move it away from the garment, which helpsmake skin moisture-free, driving the Industrial Absorbent market. The mentioned factors have made the Asia-Pacific an essential region for growth in the Industrial Absorbent Market.
Some of the market's key players are 3M Company, Ansell Ltd, Brady Corporation, Johnson Matthey Plc, Kimberly-Clark Worldwide, Inc., among others.
In July 2021, the Baba Atomic Research Centre (BARC), the premier nuclear research institute based in Mumbai, has developed a highly efficient super-hydrophobic and super-oleophilic cotton absorbent by radiation technology.
Global Industrial Absorbent Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Industrial Absorbent market by segmenting based on the By Types (Universal Absorbent, Oil Absorbent, Loose Absorbent, Speciality Absorbent, Reusable Absorbent, Booms and Skimmers, Hazmat, Others), By Material Type (Organic, Inorganic, Synthetic, Others), By End User (Chemical, Oil & Gas, Food, Healthcare, Textile, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Industrial Absorbent is used in the chemical industry for aggressive chemicals like acids and bases that neutralize the chemical and encapsulate the liquid. It is used to absorb oil spills in the oil & gas industry and absorbs moisture from the meat, poultry, and perishable food products. The absorbent is used for surgical dressings, cosmetic purposes, and sanitary products in the healthcare industry. The absorbent is used for skin comfort, static build-up, shrinkage, water repellency, and wrinkle recovery in the textile industry.
The Chemical Industry is the most vital consumer of Industrial Absorbent and is projected to drive the Global Market. The most popular chemical absorbent is universal. Due to their versatility, universal absorbents are intended for oil and water-based chemical spills, making the Global Market for Industrial Absorbentbound to rise. Indian manufacturers' revenue grew by 11% between FY15 and FY21, increasing India’s global specialty chemicals industry to 4% from 3%. The chemical producer’s Capex will rise to 50% in FY22 to INR 6000-6200 crore (USD 815-842 million). If the company deals strictly with oil-based chemicals, oil-only absorbents are explicitly designed for oil-based spills. The other type of chemical absorbent is booms. No matter how significant the spillis, booms offer a safe and effective way to contain and control it. The demand for the industry shoots, thus driving the Global Industrial Absorbent Industry. Therefore the mentioned use of Industrial Absorbent in the Chemical Industry is expected to grow and drive the overall market in the future.
The Asia-Pacific region is expected to be the leader in the production and consumption of Industrial Absorbents, with most of the consumption in countries like China and India. Nippon Shokubai (Japan) is a global chemical company and boasts the world’s top-class production capacity for superabsorbent polymers. With the growing demand for industrialization, the market for the chemical industry is growing, and in the event of a spill, the absorbent will allow to effectively contain and clean the chemical in less time, thus driving the global Industrial Absorbent market. The demand for Industrial Absorbent is increasing in the oil & gas industry, and oil is absorbed using absorbent materials in regions with limited depth and access as well as in conditions where recovering oil spills from the water surface is difficult, which is driving the need for Industrial Absorbent in the Global Market. In the food industry, meat, poultry, and other perishable foods products naturally contain liquid and juicespacked with an absorbent material in the bottom of the tray to absorb the liquids is expected to drive the demand for Industrial Absorbent in the market. The absorbent is used in hospitals, dispensaries, and nursing homes to absorb body fluids and make conventional sanitary napkins or pads in the healthcare industry, driving the global Industrial Absorbent market. In the textile industry, Absorbent is used to absorb the moisture from the wearer and move it away from the garment, which helpsmake skin moisture-free, driving the Industrial Absorbent market. The mentioned factors have made the Asia-Pacific an essential region for growth in the Industrial Absorbent Market.
Some of the market's key players are 3M Company, Ansell Ltd, Brady Corporation, Johnson Matthey Plc, Kimberly-Clark Worldwide, Inc., among others.
In July 2021, the Baba Atomic Research Centre (BARC), the premier nuclear research institute based in Mumbai, has developed a highly efficient super-hydrophobic and super-oleophilic cotton absorbent by radiation technology.
Global Industrial Absorbent Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Industrial Absorbent market by segmenting based on the By Types (Universal Absorbent, Oil Absorbent, Loose Absorbent, Speciality Absorbent, Reusable Absorbent, Booms and Skimmers, Hazmat, Others), By Material Type (Organic, Inorganic, Synthetic, Others), By End User (Chemical, Oil & Gas, Food, Healthcare, Textile, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Types
5.1.1 Universal Absorbent
5.1.2 Oil Absorbent
5.1.3 Loose Absorbent
5.1.4 Specialty Absorbent
5.1.5 Reusable Absorbent
5.1.6 Booms and Skimmers
5.1.7 Hazmat
5.1.8 Others
5.2 By Material Type
5.2.1 Organic
5.2.2 Inorganic
5.2.3 Synthetic
5.2.4 Others
5.3 By End User
5.3.1 Chemical
5.3.2 Oil & Gas
5.3.3 Food
5.3.4 Healthcare
5.3.5 Textile
5.3.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 3M Company
7.2 Ansell Ltd
7.3 Brady Corporation
7.4 Johnson Matthey Plc
7.5 Kimberly-Clark Worldwide, Inc.
7.6 Oil-Dri Corporation Of America
7.7 Decorus Europe Ltd
7.8 New Pig Corporation
7.9 Meltblown Technologies
7.10 Monarch Green Inc
7.11 UES Promura
7.12 Jaycot Industries
7.13 Tolsa SA
7.14 ASA Environmental Product, Inc.
7.15 EP Minerals LLC
* List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Types
5.1.1 Universal Absorbent
5.1.2 Oil Absorbent
5.1.3 Loose Absorbent
5.1.4 Specialty Absorbent
5.1.5 Reusable Absorbent
5.1.6 Booms and Skimmers
5.1.7 Hazmat
5.1.8 Others
5.2 By Material Type
5.2.1 Organic
5.2.2 Inorganic
5.2.3 Synthetic
5.2.4 Others
5.3 By End User
5.3.1 Chemical
5.3.2 Oil & Gas
5.3.3 Food
5.3.4 Healthcare
5.3.5 Textile
5.3.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 3M Company
7.2 Ansell Ltd
7.3 Brady Corporation
7.4 Johnson Matthey Plc
7.5 Kimberly-Clark Worldwide, Inc.
7.6 Oil-Dri Corporation Of America
7.7 Decorus Europe Ltd
7.8 New Pig Corporation
7.9 Meltblown Technologies
7.10 Monarch Green Inc
7.11 UES Promura
7.12 Jaycot Industries
7.13 Tolsa SA
7.14 ASA Environmental Product, Inc.
7.15 EP Minerals LLC
* List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
North America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
United States Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Canada Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Mexico Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Europe Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
United Kingdom Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Germany Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Other Supporting Charts
Italy Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
France Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Spain Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Europe Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Brazil Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Argentina Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of South America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Asia-Pacific Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
China Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
India Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Japan Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South Korea Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
ASEAN Countries Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Asia-Pacific Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Middle East & Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Saudi Arabia Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Middle-East & Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Chemical - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Oil & Gas - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Food - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Healthcare - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Textile - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Others - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Global Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
North America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
United States Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Canada Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Mexico Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Europe Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
United Kingdom Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Germany Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Other Supporting Charts
Italy Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
France Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Spain Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Europe Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Brazil Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Argentina Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of South America Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Asia-Pacific Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
China Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
India Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Japan Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South Korea Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
ASEAN Countries Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Asia-Pacific Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Middle East & Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Saudi Arabia Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
South Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Rest of Middle-East & Africa Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Chemical - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Oil & Gas - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Food - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Healthcare - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Textile - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
Others - Industrial Absorbent Market Size, Market Growth & Market Forecast Revenue(in USD million), 2017-2027
