Industrial Absorbents Market to Register Substantial Expansion by 2026

1. Industrial Absorbents Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

3. Global Industrial Absorbents Market: Key Highlights According to a report published by the U.S. National Oceanic and Atmospheric Administration (NOAA) in 2018, around 137 oil spills occurred during 2018, which implied approximately 11 spills per month. The consumption of industrial absorbents is directly proportional to the number of oil spills. In terms of demand, Asia Pacific led the global industrial absorbents market in 2018, and the trend is anticipated to continue from 2019 and 2027. The oil & gas industry in Asia Pacific is projected to expand at a CAGR of nearly 4% during the forecast period. The demand for industrial absorbents in China is projected to rise at a CAGR of ~4% from 2019 and 2027. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Global Industrial Absorbents Market: Key Drivers and Opportunities • The demand for industrial absorbents has increased over the last few years. The trend is expected to continue during the forecast period also. This growth can be attributed to rise in the incidence of oil and fuel spills in waters and on land. • Major players operating in the global industrial absorbents market, such as 3M Company, Brady Corporation, and Oil-Dri Corporation of America, are expanding their presence in Asia Pacific in order to tap immense opportunities in the region. • Growing environment-related regulations about oil and chemical spills at workplaces is one of the key factors boosting the global industrial absorbents market. • The use of industrial absorbents aids in complying with various state and federal regulations, such as the OSHA regulation.

5. Asia Pacific to be Highly Lucrative Region of Global Industrial Absorbents Market In terms of value, North America held a major, i.e. more than 35% share of the global industrial absorbents market in 2018. Expanding oil & gas industry and rising demand for oil spill absorbent products are major factors anticipated to drive the industrial absorbents market in Asia Pacific during forecast period. Rising environment-related awareness and stringent government regulations regarding workplace safety and discharge of industrial effluents are the key factors propelling the demand for industrial absorbents across the globe. The industrial absorbents market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period.  ©2019 Transparency Market Research, All Rights Reserved

6. Global Industrial Absorbents Market: Competition Landscape 3M Company Brady CorporationOil-Dri Corporation of America Ansell EP Minerals Johnson Matthey Meltblown Technologies Chemtex Inc. Absorbent Products Ltd. Monarch Green, Inc. ©2019 Transparency Market Research, All Rights Reserved

7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U