Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Universal Oil Absorbents Market by Type (Natural Organic, Natural Inorganic, Synthetic Material), By Application (Industry, Environmental) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Universal Oil Absorbents Market by Type (Natural Organic, Natural Inorganic, Synthetic Material), By Application (Industry, Environmental) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 271696 4200 Chemical & Material 377 128 Pages 4.9 (36)
                                          

Market Overview:


The global universal oil absorbents market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for universal oil absorbents from various end-use industries, such as automotive, aerospace, marine and others. In addition, the growing awareness about environmental protection is also propelling the growth of this market. Based on type, natural organic segment is projected to lead the global universal oil absorbents market during the forecast period from 2018 to 2030. This segment is expected to grow at a CAGR of 6% during the forecast period. The growth in this segment can be attributed to its properties such as biodegradability and non-toxicity which make it suitable for use in various applications including environmental applications.


Global Universal Oil Absorbents Industry Outlook


Product Definition:


Universal oil absorbents are materials that can be used to clean up oil spills. They are important because they can be used to clean up any kind of oil spill, no matter what the type of oil is.


Natural Organic:


Natural organic is the product or service which is produced or provided without using any chemical substances such as pesticides, herbicides, fertilizers and growth regulators. The term natural has been derived from Latin word “natura” which means “natural law”.


Natural Inorganic:


Natural inorganic is a group of chemicals consisting of metal oxides and hydroxides. The most common types are calcium oxide, barium oxide, sodium hydroxide, and zinc hydroxide. These products have applications as defoamers, corrosion inhibitors for pipelines & storage tanks in the oil & gas industry along with other end-use industries such as automotive and construction.


Application Insights:


The industry application segment accounted for the largest revenue share of over 70% in 2017. The segment is expected to witness significant growth on account of increasing demand for UOA from various industries including oil & gas, petrochemicals, refineries and others.


The product has applications in almost all the stages of crude oil refining process including catalytic reforming, hydrocracking and coking as well as in desulphurization processes. It also finds a wide range of applications across several end-use industries such as automotive/transportation lubrication systems; metalworking fluids; cement production; paper mills etc., which are further anticipated to fuel the global demand over the forecast period.


Regional Analysis:


Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global oil production, which has resulted in high demand for Absorbent Glass Microspheres (AGMS) from various end-use industries such as drilling fluids, chemical processing fluid and power generation. China is one of the major consumers owing to rapid industrialization along with growing environmental concerns have led to a rise in product demand across several end-use applications.


North America emerged as the second fastest growing regional market on account of increasing shale gas exploration activities coupled with stringent government regulations regarding water pollution & disposal methods that restrict crude oil production by conventional means thus driving Absorbent Glass Microspheres (AGMS) consumption across industries requiring superior efficiency compared to synthetic polymers at low cost.


Growth Factors:


  • Increasing demand from end-use industries such as automotive, construction, and manufacturing
  • Growing awareness about the benefits of using oil absorbents over traditional methods
  • Rising investments in research and development to develop innovative products
  • Expansion of distribution networks by key players to cater to a wider customer base
  • Emergence of new applications for oil absorbents in various end-use industries

Scope Of The Report

Report Attributes

Report Details

Report Title

Universal Oil Absorbents Market Research Report

By Type

Natural Organic, Natural Inorganic, Synthetic Material

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, Brady Corporation, 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

128

Number of Tables & Figures

90

Customization Available

Yes, the report can be customized as per your need.


Global Universal Oil Absorbents Market Report Segments:

The global Universal Oil Absorbents market is segmented on the basis of:

Types

Natural Organic, Natural Inorganic, Synthetic Material

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:

  1. Brady Corporation
  2. Oil-Dri Corporation
  3. Justrite
  4. New Pig Corporation
  5. LUBETECH
  6. Global Spill Control
  7. DENIOS
  8. JSP
  9. Darcy Spillcare Manufacture
  10. EMPTEEZY
  11. Brady Corporation
  12. Dueperthal Sicherheitstechnik

Global Universal Oil Absorbents Market Overview


Highlights of The Universal Oil Absorbents Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Natural Organic
    2. Natural Inorganic
    3. Synthetic Material
  1. By Application:

    1. Industry
    2. Environmental
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Universal Oil Absorbents 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
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  • Consumer Insights
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  • Product & Brand Management
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Global Universal Oil Absorbents Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Universal oil absorbents are a type of material that can be used to absorb oils and other liquids. They are often made from materials such as wood pulp, paper, or cotton. Universal oil absorbents can be used in a variety of applications, including industrial cleaning and manufacturing processes.

Some of the major players in the universal oil absorbents market are Brady Corporation, Oil-Dri Corporation, Justrite, New Pig Corporation, LUBETECH, Global Spill Control, DENIOS, JSP, Darcy Spillcare Manufacture, EMPTEEZY, Brady Corporation, Dueperthal Sicherheitstechnik.

The universal oil absorbents 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 Universal Oil Absorbents 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 Universal Oil Absorbents Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Universal Oil Absorbents 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 Universal Oil Absorbents 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 Universal Oil Absorbents Market Size & Forecast, 2018-2028       4.5.1 Universal Oil Absorbents Market Size and Y-o-Y Growth       4.5.2 Universal Oil Absorbents Market Absolute $ Opportunity

Chapter 5 Global Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Type
      5.2.1 Natural Organic
      5.2.2 Natural Inorganic
      5.2.3 Synthetic Material
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Applications
      6.2.1 Industry
      6.2.2 Environmental
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Universal Oil Absorbents 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 Universal Oil Absorbents 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 Universal Oil Absorbents Analysis and Forecast
   9.1 Introduction
   9.2 North America Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Type
      9.6.1 Natural Organic
      9.6.2 Natural Inorganic
      9.6.3 Synthetic Material
   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 Universal Oil Absorbents 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 Universal Oil Absorbents Analysis and Forecast
   10.1 Introduction
   10.2 Europe Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Type
      10.6.1 Natural Organic
      10.6.2 Natural Inorganic
      10.6.3 Synthetic Material
   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 Universal Oil Absorbents 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 Universal Oil Absorbents Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Type
      11.6.1 Natural Organic
      11.6.2 Natural Inorganic
      11.6.3 Synthetic Material
   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 Universal Oil Absorbents 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 Universal Oil Absorbents Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Universal Oil Absorbents 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 Universal Oil Absorbents Market Size Forecast by Type
      12.6.1 Natural Organic
      12.6.2 Natural Inorganic
      12.6.3 Synthetic Material
   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 Universal Oil Absorbents 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) Universal Oil Absorbents Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Universal Oil Absorbents 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) Universal Oil Absorbents Market Size Forecast by Type
      13.6.1 Natural Organic
      13.6.2 Natural Inorganic
      13.6.3 Synthetic Material
   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) Universal Oil Absorbents 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 Universal Oil Absorbents Market: Competitive Dashboard
   14.2 Global Universal Oil Absorbents 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 Brady Corporation
      14.3.12 Dueperthal Sicherheitstechnik

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