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Industrial Absorbents Market by Material Type (Natural Organic & Inorganic, Synthetic), Product (Pads, Rolls, Booms & Socks), Type (Universal, Oil-only, HAZMAT), End-use Industry (Oil & Gas, Chemical, Food Processing), and Region - Global Forecast to 2023

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Date: 07-Dec-2018
No. of pages: 132
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“Growing environmental concerns and regulations regarding liquid spills are expected to drive the overall growth of the industrial absorbents market.”

The industrial absorbents market size is expected to grow from USD 3.7 billion in 2018 to USD 4.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period. The industrial absorbents market is driven by various factors, such as the growing environmental concerns and regulations regarding oil and chemical spills. However, availability of cost-effective substitutes of industrial absorbents can hinder the growth of the market.

“Pads segment is expected to hold the largest market share during the forecast period.”

Pad is the largest product segment in the industrial absorbents market. The industrial absorbents market, by product has been categorized into pads, rolls, pillows, granules, booms & socks, sheets & mats, and others. Pads are the most used spill control products for liquid spills such as oil, water-based liquids, and mild chemicals such as citric acid, hydro fluoric acid, and sodium hydroxide. Industrial absorbent pads are manufactured majorly using polypropylene materials and are widely used in oil & gas, chemical, and food processing end-use industries. In addition, cellulose-based industrial absorbent pads have a noteworthy application in the healthcare end-use industry.

“The oil-only segment is expected to grow at the highest CAGR in the industrial absorbents market during the forecast period”

The industrial absorbents market has been segmented on the basis of type into universal, oil-only, and HAZMAT/chemical. Oil-only absorbent products are designed to selectively absorb petroleum hydrocarbons and other oil-based liquids only and do not absorb water-based liquids. They are widely used for oil spills that may occur due to leakage of oil-based liquids, which have a huge impact on human health, ecosystem, and can result in huge economic losses. Growing demand for oil-based liquids spill control products from emerging regions such as Asia Pacific and Middle East & Africa is driving the growth of the oil-only segment of the industrial absorbents market during the forecast period.

“Asia Pacific industrial absorbents market is expected to record the highest growth rate during the forecast period.”

Asia Pacific is expected to have the highest growth rate during the forecast period due to the rising awareness and pressure to reinforce strict environmental regulations for spill response & control and pollution caused by end-use industries. The industrial absorbents market in Asia Pacific is driven by the demand from countries such as China, Japan, India, and South Korea owing to rapid industrialization and rising occurrences of small liquid spills across the end-use industries.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the industrial absorbents marketplace.


  • By Company Type: Tier 1 – 24%, Tier 2– 36%, and Tier 3– 40%

  • By Designation: C-level Executives– 20%, Directors– 32%, and Others – 48%

  • By Region: North America– 20%, Europe– 16%, APAC– 36%, South America– 12%,and MEA– 16%


The industrial absorbents market comprises 3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Kimberly-Clark Professional (US), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US). The study includes in-depth competitive analysis of these market players, along with their company profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the industrial absorbents market across segments. It aims at estimating the market size and the growth potential of this market across different segments based on material type, product, type, end-use industry, and region.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall industrial absorbents market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Industrial Absorbents Market by Material Type (Natural Organic & Inorganic, Synthetic), Product (Pads, Rolls, Booms & Socks), Type (Universal, Oil-only, HAZMAT), End-use Industry (Oil & Gas, Chemical, Food Processing), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
1.6 Limitations

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Industrial Absorbents Market
4.2 Industrial Absorbents Market, By Region
4.3 Industrial Absorbents Market, By Product and End-Use Industry
4.4 Industrial Absorbents Market, By Country
4.5 Industrial Absorbents Market, By End-Use Industry and Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Environmental Concerns and Regulations Regarding Oil and Chemical Spills on the Environment
5.2.2 Restraints
5.2.2.1 Saturation and Buoyancy of Industrial Absorbent Products
5.2.2.2 Availability of Cost-Effective Substitutes of Industrial Absorbents
5.2.3 Opportunities
5.2.3.1 Growth Opportunity for Reusable Industrial Absorbent Products
5.2.4 Challenges
5.2.4.1 Reducing Large Oil Spills
5.3 Value Chain Analysis
5.4 Porter’s Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Macroeconomic Indicators
5.5.1 Oil & Gas
5.5.2 Chemicals & Petrochemicals

6 Industrial Absorbents Market, By Material Type
6.1 Introduction
6.2 Natural Organic
6.2.1 Cellulose
6.2.2 Corncob
6.3 Natural Inorganic
6.3.1 Clay
6.4 Synthetic
6.4.1 Polypropylene
6.4.2 Polyester

7 Industrial Absorbents Market, By Product
7.1 Introduction
7.2 Pads
7.3 Rolls
7.4 Pillows
7.5 Granules
7.6 Booms & Socks
7.7 Sheets & Mats
7.8 Others

8 Industrial Absorbents Market, By Type
8.1 Introduction
8.2 Universal
8.3 Oil-Only
8.4 Hazmat/Chemical

9 Industrial Absorbents Market, By End-Use Industry
9.1 Introduction
9.2 Oil & Gas
9.2.1 Upstream
9.2.2 Midstream
9.2.3 Downstream
9.3 Chemical
9.4 Food Processing
9.5 Healthcare
9.6 Others

10 Industrial Absorbents Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Spain
10.3.5 Italy
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Rest of Asia Pacific
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 Iran
10.5.4 South Africa
10.5.5 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of South America

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Key Market Players
11.3 Competitive Scenario
11.3.1 New Product Development

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 3M Company
12.2 Brady Corporation
12.3 Johnson Matthey Plc
12.4 Oil-Dri Corporation of America
12.5 Ansell Limited
12.6 New Pig Corporation
12.7 Monarch Green, Inc.
12.8 DecorUS Europe Ltd.
12.9 Meltblown Technologies Inc.

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12.10 Other Companies in the Industrial Absorbents Market
12.10.1 UES Promura
12.10.2 Kimberly-Clark Professional
12.10.3 Jaycot Industries
12.10.4 Chemtex
12.10.5 Tolsa Group
12.10.6 Asa Environmental Products Inc.
12.10.7 GEI Works
12.10.8 EP Minerals
12.10.9 Share Corporation
12.10.10 Absorbent Products Ltd.

13 Appendix
13.1 Insights From the Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Industrial Absorbents Market Snapshot
Table 2 Annual Number of Oil Spills and Its Quantity (2010-2017)
Table 3 Crude Oil Trade Flow (Million Barrels Per Day)
Table 4 Industrial Absorbents Market, By Material Type, 2016–2023 (USD Million)
Table 5 Natural Organic Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 6 Natural Inorganic Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 7 Synthetic Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 8 Industrial Absorbents Market, By Product, 2016–2023 (USD Million)
Table 9 Industrial Absorbents Market in Pads, By Region, 2016–2023 (USD Million)
Table 10 Industrial Absorbents Market in Rolls, By Region, 2016–2023 (USD Million)
Table 11 Industrial Absorbents Market in Pillows, By Region, 2016–2023 (USD Million)
Table 12 Industrial Absorbents Market in Granules, By Region, 2016–2023 (USD Million)
Table 13 Industrial Absorbents Market in Booms & Socks, By Region, 2016–2023 (USD Million)
Table 14 Industrial Absorbents Market in Sheets & Mats, By Region, 2016–2023 (USD Million)
Table 15 Industrial Absorbents Market in Others, By Region, 2016–2023 (USD Million)
Table 16 Industrial Absorbents Market, By Type, 2016–2023 (USD Million)
Table 17 Universal Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 18 Oil-Only Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 19 Hazmat/Chemical Industrial Absorbents Market, By Region, 2016–2023 (USD Million)
Table 20 Industrial Absorbents Market, By End-Use Industry, 2016–2023 (USD Million)
Table 21 Industrial Absorbents Market in Oil & Gas, By Region, 2016–2023 (USD Million)
Table 22 Industrial Absorbents Market in Chemical, By Region, 2016–2023 (USD Million)
Table 23 Industrial Absorbents Market in Food Processing, By Region, 2016–2023 (USD Million)
Table 24 Industrial Absorbents Market in Healthcare, By Region, 2016–2023 (USD Million)
Table 25 Industrial Absorbents Market in Others, By Region, 2016–2023 (USD Million)
Table 26 Industrial Absorbents Market Size, By Region, 2016–2023 (USD Million)
Table 27 North America Industrial Absorbents Market Size, By Country, 2016–2023 (USD Million)
Table 28 North America Industrial Absorbents Market Size, By Material Type, 2016–2023 (USD Million)
Table 29 North America Industrial Absorbents Market Size, By Product, 2016–2023 (USD Million)
Table 30 North America Industrial Absorbents Market Size, By Type, 2016–2023 (USD Million)
Table 31 North America Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 32 US Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 33 Canada Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 34 Mexico Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 35 Europe Industrial Absorbents Market Size, By Country, 2016–2023 (USD Million)
Table 36 Europe Industrial Absorbents Market Size, By Material Type, 2016–2023 (USD Million)
Table 37 Europe Industrial Absorbents Market Size, By Product, 2016–2023 (USD Million)
Table 38 Europe Industrial Absorbents Market Size, By Type, 2016–2023 (USD Million)
Table 39 Europe Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 40 Germany Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 France Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 42 UK Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 43 Spain Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 44 Italy Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 45 Rest of Europe Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 Asia Pacific Industrial Absorbents Market Size, By Country, 2016–2023 (USD Million)
Table 47 Asia Pacific Industrial Absorbents Market Size, By Material Type, 2016–2023 (USD Million)
Table 48 Asia Pacific Industrial Absorbents Market Size, By Product, 2016–2023 (USD Million)
Table 49 Asia Pacific Industrial Absorbents Market Size, By Type, 2016–2023 (USD Million)
Table 50 Asia Pacific Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 51 China Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 52 Japan Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 53 India Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 South Korea Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 55 Rest of Asia Pacific Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 56 Middle East & Africa Industrial Absorbents Market Size, By Country, 2016–2023 (USD Million)
Table 57 Middle East & Africa Industrial Absorbents Market Size, By Material Type, 2016–2023 (USD Million)
Table 58 Middle East & Africa Industrial Absorbents Market Size, By Product, 2016–2023 (USD Million)
Table 59 Middle East & Africa Industrial Absorbents Market Size, By Type, 2016–2023 (USD Million)
Table 60 Middle East & Africa Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 61 Saudi Arabia Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 UAE Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 63 Iran Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 64 South Africa Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 Rest of Middle East & Africa Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 66 South America Industrial Absorbents Market Size, By Country, 2016–2023 (USD Million)
Table 67 South America Industrial Absorbents Market Size, By Material Type, 2016–2023 (USD Million)
Table 68 South America Industrial Absorbents Market Size, By Product, 2016–2023 (USD Million)
Table 69 South America Industrial Absorbents Market Size, By Type, 2016–2023 (USD Million)
Table 70 South America Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 71 Brazil Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 72 Argentina Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 73 Rest of South America Industrial Absorbents Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 74 New Product Development, 2013-2017

List of Figures

Figure 1 Industrial Absorbents Market: Research Design
Figure 2 Industrial Absorbents Market: Top-Down Approach
Figure 3 Industrial Absorbents Market: Bottom-Up Approach
Figure 4 Industrial Absorbents Market: Data Triangulation
Figure 5 Industrial Absorbents Market, By Material Type, 2018 & 2023 (USD Million)
Figure 6 Industrial Absorbents Market, By Product, 2018 & 2023 (USD Million)
Figure 7 Industrial Absorbents Market, By Type, 2018 & 2023 (USD Million)
Figure 8 Industrial Absorbents Market, By End-Use Industry, 2018 & 2023 (USD Million)
Figure 9 North America Accounted for the Largest Share of the Industrial Absorbents Market in 2018
Figure 10 Increasing Demand for Industrial Absorbents From Oil & Gas End-Use Industry Segment Projected to Drive Market Growth
Figure 11 Asia Pacific Industrial Absorbents Market Projected to Witness Highest Growth Between 2018 and 2023
Figure 12 Pads Product Segment Estimated to Account for Largest Share of Industrial Absorbents Market in 2018
Figure 13 Industrial Absorbents Market in India and Iran Projected to Register High Growth During Forecast Period
Figure 14 North America and Europe Estimated to Lead Industrial Absorbents Market in Various End-Use Industries in 2018
Figure 15 Industrial Absorbents Market: Drivers, Restraints, Opportunities & Challenges
Figure 16 Porter’s Five Forces Analysis
Figure 17 Crude Oil Production, 2013-2017 (Metric Tons)
Figure 18 Chemical Production Outlook (Excl. Pharmaceuticals), 2018
Figure 19 Synthetic Estimated to Be Largest Material Type Segment of Industrial Absorbents Market During Forecast Period
Figure 20 North America Expected to Lead the Natural Organic Material Type Segment From 2018 to 2023
Figure 21 Natural Inorganic Material Type Segment in Asia Pacific Expected to Grow at Highest Cagr During Forecast Period
Figure 22 North America Expected to Lead the Synthetic Material Type Segment From 2018 to 2023
Figure 23 Pads Estimated to Be Largest Product Segment of Industrial Absorbents Market During Forecast Period
Figure 24 North America Expected to Lead Pads Product Segment From 2018 to 2023
Figure 25 Rolls Product Segment Expected to Grow at Highest Cagr in Asia Pacific During Forecast Period
Figure 26 North America Expected to Lead Pillows Product Segment From 2018 to 2023
Figure 27 Granules Product Segment Expected to Grow at Highest Cagr in Asia Pacific During Forecast Period
Figure 28 Booms & Socks Product Segment Expected to Grow at Highest Cagr in Middle East & Africa During Forecast Period
Figure 29 Sheets & Mats Product Segment Expected to Grow at HighestCagr in Asia Pacific During Forecast Period
Figure 30 Europe Expected to Lead Others Product Segment From 2018 to 2023
Figure 31 Oil-Only Estimated to Be Largest Type Segment of Industrial Absorbents Market During Forecast Period
Figure 32 Europe Expected to Lead the Universal Type Segment From 2018 to 2023
Figure 33 North America Expected to Lead the Oil-Only Type Segment From 2018 to 2023
Figure 34 Hazmat/Chemical Type Segment in Asia Pacific Expected to Grow at Highest Cagr During Forecast Period
Figure 35 Oil & Gas Estimated to Be Largest End-Use Industry Segment During Forecast Period
Figure 36 North America Expected to Lead the Oil & Gas End-Use Industry Segment From 2018 to 2023
Figure 37 Chemical End-Use Industry Segment in Asia Pacific Expected to Grow at Highest Cagr During Forecast Period
Figure 38 Europe Expected to Lead the Food Processing End-Use Industry Segment From 2018 to 2023
Figure 39 Healthcare End-Use Industry Segment in the Middle East & Africa Expected to Grow at Highest Cagr During Forecast Period
Figure 40 Others Segment in Asia Pacific Expected to Grow at Highest Cagr During Forecast Period
Figure 41 Industrial Absorbents Market in India Projected to Grow at Highest Cagr From 2018 to 2023
Figure 42 Asia Pacific Industrial Absorbents Market Projected to Grow at Highest Cagr Across Oil & Gas and Chemical End-Use Industries From 2018202375
Figure 43 North America Industrial Absorbents Market Snapshot
Figure 44 Europe Industrial Absorbents Market Snapshot
Figure 45 Asia Pacific Industrial Absorbents Market Snapshot
Figure 46 Middle East & Africa Industrial Absorbents Market Snapshot
Figure 47 South America Industrial Absorbents Market Snapshot
Figure 48 3M Company Led the Industrial Absorbents Market in 2017
Figure 49 3M Company: Company Snapshot
Figure 50 Brady Corporation: Company Snapshot
Figure 51 Johnson Matthey Plc: Company Snapshot
Figure 52 Oil-Dri Corporation of America: Company Snapshot
Figure 53 Ansell Limited: Company Snapshot

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