Market Overview:
The global oil-absorbing materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil-absorbing materials from various industries and environmental applications. In terms of type, the global oil-absorbing materials market is segmented into universal oil-absorbing materials, only oil-absorbing materials, and specialty oil- absorbing materials. Universal oil absorbers are used for general purpose applications such as cleaning up spills or leaks in factories, garages, and other industrial areas. Onlyoil absorbers are designed specifically for use with a particular type of liquid or fluid and find application in specific industries such as automotive manufacturing or aerospace engineering.
Product Definition:
An oil-absorbing material is a type of material that is designed to absorb oils from the surface of water. These materials are typically used in oil spills to help clean up the spill and reduce the environmental impact. Oil-absorbing materials can be made from a variety of different materials, including synthetic polymers, natural fibers, and activated carbon.
Universal Oil-absorbing Materials:
Universal oil-absorbing materials are a group of solid substances or liquids that are capable of absorbing the majority of the oil in a given surface area when placed in contact with it. The most common type is calcium carbonate, also known as limestone, which is used to absorb both vegetable and animal oils.
Only Oil-absorbing Materials:
The global only oil-absorbing materials market size was estimated at USD 3.56 billion in 2016 and is expected to witness a growth of 5.8% over the forecast period. The increasing demand for these products from various end-use industries such as construction, automotive, marine, aerospace & defense and textile is anticipated to propel the industry growth over the next seven years.
Application Insights:
The industry application segment dominated the global market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to witness significant growth on account of increasing demand for various products such as industrial safety shoes, work boots and sandals from various industries including automotive, construction and mining.
The environmental application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for absorbent footwear products among recreational users and athletes across the globe. In addition, growing concerns regarding personal hygiene are anticipated to further drive product demand in environmental applications over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major oil & gas industries. The region is expected to witness moderate growth over the forecast period, which can be attributed to various factors such as increasing shale gas production and declining crude oil prices.
The demand for universal absorbing materials in North America was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due high consumption from industrial applications including metal processing, chemical processing, mining, power generation and others.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging
- Rising awareness about the benefits of oil-absorbing materials over traditional absorbents such as sand, sawdust and clay
- Growing R&D investments by leading players to develop innovative products
- Expansion of distribution channels across regions
- Emergence of new applications for oil-absorbing materials in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil-absorbing Materials Market Research Report
By Type
Universal Oil-absorbing Materials, Only Oil-absorbing Materials, Specialty Oil-absorbing Materials
By Application
Industry, Environmental
By Companies
Brady Corporation, Oil-Dri Corporation, Justrite, New Pig Corporation, LUBETECH, Global Spill Control, DENIOS, JSP, Darcy Spillcare Manufacture, EMPTEEZY, Oil Technics, Dueperthal Sicherheitstechnik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Oil-absorbing Materials Market Report Segments:
The global Oil-absorbing Materials market is segmented on the basis of:
Types
Universal Oil-absorbing Materials, Only Oil-absorbing Materials, Specialty Oil-absorbing Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industry, Environmental
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Brady Corporation
- Oil-Dri Corporation
- Justrite
- New Pig Corporation
- LUBETECH
- Global Spill Control
- DENIOS
- JSP
- Darcy Spillcare Manufacture
- EMPTEEZY
- Oil Technics
- Dueperthal Sicherheitstechnik
Highlights of The Oil-absorbing Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Universal Oil-absorbing Materials
- Only Oil-absorbing Materials
- Specialty Oil-absorbing Materials
- By Application:
- Industry
- Environmental
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil-absorbing Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil-absorbing materials are a type of insulation that can help to reduce the amount of oil that is released when a building is heated or cooled. This type of insulation can be used in places where there is a potential for oil spills, such as in kitchens and bathrooms.
Some of the key players operating in the oil-absorbing materials market are Brady Corporation, Oil-Dri Corporation, Justrite, New Pig Corporation, LUBETECH, Global Spill Control, DENIOS, JSP, Darcy Spillcare Manufacture, EMPTEEZY, Oil Technics, Dueperthal Sicherheitstechnik.
The oil-absorbing materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil-absorbing Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oil-absorbing Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil-absorbing Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oil-absorbing Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oil-absorbing Materials Market Size & Forecast, 2018-2028
4.5.1 Oil-absorbing Materials Market Size and Y-o-Y Growth
4.5.2 Oil-absorbing Materials Market Absolute $ Opportunity
Chapter 5 Global Oil-absorbing Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oil-absorbing Materials Market Size Forecast by Type
5.2.1 Universal Oil-absorbing Materials
5.2.2 Only Oil-absorbing Materials
5.2.3 Specialty Oil-absorbing Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil-absorbing Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oil-absorbing Materials Market Size Forecast by Applications
6.2.1 Industry
6.2.2 Environmental
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil-absorbing Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil-absorbing Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oil-absorbing Materials Analysis and Forecast
9.1 Introduction
9.2 North America Oil-absorbing Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oil-absorbing Materials Market Size Forecast by Type
9.6.1 Universal Oil-absorbing Materials
9.6.2 Only Oil-absorbing Materials
9.6.3 Specialty Oil-absorbing Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oil-absorbing Materials Market Size Forecast by Applications
9.10.1 Industry
9.10.2 Environmental
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oil-absorbing Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Oil-absorbing Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oil-absorbing Materials Market Size Forecast by Type
10.6.1 Universal Oil-absorbing Materials
10.6.2 Only Oil-absorbing Materials
10.6.3 Specialty Oil-absorbing Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oil-absorbing Materials Market Size Forecast by Applications
10.10.1 Industry
10.10.2 Environmental
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oil-absorbing Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil-absorbing Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oil-absorbing Materials Market Size Forecast by Type
11.6.1 Universal Oil-absorbing Materials
11.6.2 Only Oil-absorbing Materials
11.6.3 Specialty Oil-absorbing Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oil-absorbing Materials Market Size Forecast by Applications
11.10.1 Industry
11.10.2 Environmental
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oil-absorbing Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil-absorbing Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oil-absorbing Materials Market Size Forecast by Type
12.6.1 Universal Oil-absorbing Materials
12.6.2 Only Oil-absorbing Materials
12.6.3 Specialty Oil-absorbing Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oil-absorbing Materials Market Size Forecast by Applications
12.10.1 Industry
12.10.2 Environmental
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oil-absorbing Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil-absorbing Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oil-absorbing Materials Market Size Forecast by Type
13.6.1 Universal Oil-absorbing Materials
13.6.2 Only Oil-absorbing Materials
13.6.3 Specialty Oil-absorbing Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oil-absorbing Materials Market Size Forecast by Applications
13.10.1 Industry
13.10.2 Environmental
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil-absorbing Materials Market: Competitive Dashboard
14.2 Global Oil-absorbing Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brady Corporation
14.3.2 Oil-Dri Corporation
14.3.3 Justrite
14.3.4 New Pig Corporation
14.3.5 LUBETECH
14.3.6 Global Spill Control
14.3.7 DENIOS
14.3.8 JSP
14.3.9 Darcy Spillcare Manufacture
14.3.10 EMPTEEZY
14.3.11 Oil Technics
14.3.12 Dueperthal Sicherheitstechnik
