Market Overview:
The global oil spill dispersants market is expected to grow from USD 1.02 billion in 2018 to USD 1.48 billion by 2030, at a CAGR of 4.5% from 2018 to 2030. The growth of the global oil spill dispersants market can be attributed to the increasing demand for oil spill dispersants from onshore and offshore applications, and rising concerns about environmental pollution caused by hydrocarbons spills. However, the high cost of oil spill dispersants may restrain the growth of this market during the forecast period. Based on type, the chemical dispersants segment is projected to lead the global oil spill dispersants market during the forecast period.
Product Definition:
Oil spill dispersants are chemicals used to break up oil spills into small droplets that are more easily absorbed by the environment. This reduces the overall impact of the spill and helps to clean up the affected area more quickly.
Chemical Dispersants:
Dispersants are additives that reduce the surface tension of a liquid, allowing other substances to mix more easily. Dispersants can be used for oil spill dispersions and in firefighting foams as they have low toxicity levels. Oil spill dispersion is when there is a mishap with an oil tanker where the oil spills out into the water which may or may not lead to shoreline contamination.
Biodispersant:
Biodispersant is a bio-based dispersant used for oil spill in water bodies. It helps in breaking the surface tension between the oil and water, allowing them to mix easily. Biodispersants are biodegradable and non-toxic to aquatic organisms which makes it an eco-friendly product as compared to other synthetic dispersants available today.
Application Insights:
Onshore was the largest application segment in 2017 and is expected to witness growth over the forecast period. Growing onshore production coupled with an increase in demand for crude oil worldwide is anticipated to drive the product demand from this sector over the forecast period.
The global offshore sector witnessed a significant rise in production owing to increased investments by various governments across countries such as Saudi Arabia, Iran and China. The rise has led to an increase in offshore exploration activities globally which are further estimated to boost product demand from this segment over the next eight years. North America accounted for a significant share of global offshore production due largely to favorable government policies that have supported industry development including tax credits & subsidies and low-interest loans from public agencies along with infrastructure support provided by state governments.
Regional Analysis:
North America was the dominant regional market in 2017 and accounted for over 35% of the global revenue share. The U.S., being a developed country, has stringent regulations regarding offshore oil & gas exploration activities that involve drilling and production of hydrocarbon from water bodies. This factor is anticipated to boost product demand in North America region over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast period owing to increasing offshore oil spills in this region due to storms, hurricanes, etc.
Growth Factors:
- Increasing demand for oil spill dispersants from the shipping and marine industries as a result of the increase in maritime trade.
- The increasing number of offshore drilling activities, which is expected to lead to an increase in the number of oil spills, will drive demand for oil spill dispersants over the forecast period.
- Stringent environmental regulations by governments across key markets are likely to mandate use of oil spill dispersants, thereby driving their demand over the forecast period.
- Growing awareness among consumers about the benefits of using oil spill dispersants is expected to positively impact market growth over the next eight years
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Spill Dispersants Market Research Report
By Type
Chemical Dispersants, Biodispersant, Other
By Application
Onshore, Offshore
By Companies
ACME Environmental, AGMA Limited, Chemtex, Nalco Environmental Solutions LLC, ACME Environmental
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Oil Spill Dispersants Market Report Segments:
The global Oil Spill Dispersants market is segmented on the basis of:
Types
Chemical Dispersants, Biodispersant, Other
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
Onshore, Offshore
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:
- ACME Environmental
- AGMA Limited
- Chemtex
- Nalco Environmental Solutions LLC
- ACME Environmental
Highlights of The Oil Spill Dispersants 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:
- Chemical Dispersants
- Biodispersant
- Other
- By Application:
- Onshore
- Offshore
- 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 Spill Dispersants 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
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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 spill dispersants are chemicals or mixtures of chemicals that help break up oil slicks and prevent them from reaching shorelines.
Some of the major players in the oil spill dispersants market are ACME Environmental, AGMA Limited, Chemtex, Nalco Environmental Solutions LLC, ACME Environmental.
The oil spill dispersants market is expected to grow at a compound annual growth rate of 4.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil Spill Dispersants 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 Spill Dispersants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil Spill Dispersants 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 Spill Dispersants 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 Spill Dispersants Market Size & Forecast, 2018-2028
4.5.1 Oil Spill Dispersants Market Size and Y-o-Y Growth
4.5.2 Oil Spill Dispersants Market Absolute $ Opportunity
Chapter 5 Global Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
5.2.1 Chemical Dispersants
5.2.2 Biodispersant
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Spill Dispersants 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 Spill Dispersants 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 Spill Dispersants Analysis and Forecast
9.1 Introduction
9.2 North America Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
9.6.1 Chemical Dispersants
9.6.2 Biodispersant
9.6.3 Other
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 Spill Dispersants Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
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 Spill Dispersants Analysis and Forecast
10.1 Introduction
10.2 Europe Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
10.6.1 Chemical Dispersants
10.6.2 Biodispersant
10.6.3 Other
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 Spill Dispersants Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
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 Spill Dispersants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
11.6.1 Chemical Dispersants
11.6.2 Biodispersant
11.6.3 Other
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 Spill Dispersants Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
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 Spill Dispersants Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
12.6.1 Chemical Dispersants
12.6.2 Biodispersant
12.6.3 Other
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 Spill Dispersants Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
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 Spill Dispersants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil Spill Dispersants 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 Spill Dispersants Market Size Forecast by Type
13.6.1 Chemical Dispersants
13.6.2 Biodispersant
13.6.3 Other
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 Spill Dispersants Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
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 Spill Dispersants Market: Competitive Dashboard
14.2 Global Oil Spill Dispersants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACME Environmental
14.3.2 AGMA Limited
14.3.3 Chemtex
14.3.4 Nalco Environmental Solutions LLC
14.3.5 ACME Environmental
