Industrial Absorbents Market By Reports And Data
Industrial Absorbents Market To
Reach USD 5.42 Billion By 2026
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Market Summary
Growing environmental concerns and regulations regarding oil
and chemical spills on the environment, increasing incidences of
oil and water-based spills in water as well as on land, rapid
industrialization are key factors contributing to high CAGR of
industrial absorbents during forecast period.
Market Size – USD 3.7 Billion in 2018, Market Growth - CAGR of
5.1%, Market Trends – Increasing focus on environmental
sustainability
According to the current analysis of Reports and Data, the global
Industrial Absorbents market was valued at USD 3.7 Billion in
2018 and is expected to reach USD 5.42 Billion by year 2026, at a
CAGR of 5.1%. The study covers in-depth analysis of industrial
absorbents and upcoming trends in the global industrial
absorbents market. Industrial absorbents are a type of material
that is primarily used for the extraction of chemicals or fluids
spilled on different surfaces or floors. It is comprised of soaking
chemicals and materials specifically for these kinds of spills that
help in the extraction process and are more effective than a
normal absorbent.
M a Orkuetr S Aumpmparroyach
Industrial absorbent is chemically inert in nature which makes them safe for use on any kind of surface or
chemicals. Growing environmental concerns and regulations regarding oil and chemical spills on the
environment, increasing incidences of oil and water-based spills in water as well as on land, rapid
industrialization are some of the key factors propelling the market growth during 2019-2026. However,
Saturation and Buoyancy of industrial absorbent products, availability of cost-effective substitutes of
industrial absorbents are major hindrance for the growth of global industrial absorbents market.
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M a r kOeut Sru Ampmparyoach
3M, Brady Corporation, Johnson Matthey, Oil-Dri Corporation of America, Ansell, New Pig, Monarch Green,
Decorus Europe, Meltblown Technologies, UES Promura, Kimberly-Clark Professional, Jaycot Industries,
Chemtex, Tolsa Group, Asa Environmental Products, GEI Works, EP Minerals, Share, Absorbent Products
Type (Revenue, USD Million; 2016–2026)
•Universal
•Oil -only
•HAZMAT
Material Type (Revenue, USD Million; 2016–2026)
•Natural Organic
•Inorganic
•Synthetic
Product (Revenue, USD Million; 2016–2026)
•Pads
•Rolls
•Booms
•Socks
M a r kOeut Sru Ampmparyoach
End Use (Revenue, USD Million; 2016–2026)
•Chemical
•Oil & Gas
•Food Processing
Regional Outlook (Revenue in USD Million; 2016–2026)
•North America
•Europe
•Asia Pacific
•Middle East & Africa
•Latin America
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About Us
A b oOuutr U Aspproach
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