Global Industrial Absorbents Market Growth 2023-2029

Global Industrial Absorbents Market Growth 2023-2029

Product Code:461628

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Chemical & Material

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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. Industrial absorbent is chemically inert in nature which makes them safe for use on any kind of surface or chemicals.

LPI (LP Information)' newest research report, the “Industrial Absorbents Industry Forecast” looks at past sales and reviews total world Industrial Absorbents sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Absorbents sales for 2023 through 2029. With Industrial Absorbents sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Absorbents industry.

This Insight Report provides a comprehensive analysis of the global Industrial Absorbents landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Absorbents portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Absorbents market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Absorbents and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Absorbents.

The global Industrial Absorbents market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The market of absorbent for industrial use in Europe is fragmented and the competition within the industry is fierce.The top 10 producers Sepilosa, Tolsa, Diamix, Imerys Absorbents and so on together have less than 10 per cent of the Europeanwide market share, with the rest divided among a number of smaller companies. In 2019, producers mainly produced natural inorganic industrial absorbents, accounting for about 65 percent of the production share. However, the main profit source of this product is the synthetic industrial absorbents, which accounts for less than 20% of the production share, bringing more than 60% of the profit comes .

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Absorbents market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Natural Inorganic Industrial Absorbents
    Natural Organic Industrial Absorbents
    Synthetic Industrial Absorbents

Segmentation by application
    Oil and Gas
    Chemical
    Food Processing
    Healthcare
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Tolsa
    Diamix
    Imerys Absorbents
    Hosko
    Sepilosa
    Empteezy
    Bardy
    Oil Dri
    Absol
    Decorus Europe

Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Absorbents market?
What factors are driving Industrial Absorbents market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Absorbents market opportunities vary by end market size?
How does Industrial Absorbents break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?