Natural Industrial Absorbents Market: an overview
Natural Industrial Absorbents are the materials that are used to absorb various fluids in different environments. They occur naturally in nature and its use in industries has been relatively a new concept. However, these materials have been traditionally used in simple household applications, organic chemistry and other similar applications. But in the recent times, industries have started using natural industrial absorbents owing to the low cost of the material and environment friendly operations with minimal risk. One of the biggest areas of application for natural industrial absorbents is oil spill in the oceans and rigorous research is being carried out throughout the world to efficiently use the natural industrial absorbents.
Natural Industrial Absorbents Market: Dynamics
Natural Industrial Absorbents is gaining significant momentum in the industry owing to the economic advantages these materials offer. Oceanic oil spill is a huge problem for the marine transportation industry and has severely damaged the marine ecosystem. In 2018, International Tanker Owners Pollution Federation Limited (ITOPF) recorded 3 large oil spills and 3 medium oil spills alone. The total volume of oil lost to the marine environment was recorded to be 116 Kilo tons. This quantity is reported to be largest in last 24 years. With increasing concerns for marine ecosystem around the world the research work has advanced for the use of natural materials to absorb the oil in the Oceans. Saw dust is a very popular material that has gained significant attraction for its use in oceanic oil spillages. Various compounded products have been made to increase the efficiency of the material. For instance, in 2016 researchers at department of energy in USA, developed new grades of saw dust that has been chemically modified to make it exceptionally buoyant and oil-attracting. The researchers have reported the product to be ideal for cleaning oil spills in the ocean. The importance of natural industrial absorbents has also increased due to their harmless nature to the ecosystem and ease of oil recovery from the absorbents. In industries, the use of natural industrial absorbents is also on rise. The natural industrial absorbents that are employed in the chemical industry include clay and sand, to be specific natural zeolite are being used. The use of natural zeolites have also been tested in the clean- up of nuclear contaminated waters and have shown good performance. This is expected to increase the consumption of natural industrial absorbents in the Chemical industry.
Natural Industrial Absorbents Market: Segments
On the basis of absorbent type, the Natural Industrial Absorbents market is segmented as
- Cotton Balls
- Corn Cob
- Coconut Husk
- Wood Chips & Saw Dust
On the basis of absorbent form, the Natural Industrial Absorbents market is segmented into
- Booms & Socks
On the basis of use case, the Natural Industrial Absorbents market is segmented into
- Oil & Grease Spill absorption
- Industrial absorption applications
- Automotive fluid spills absorption
On the basis of geographic regions, the market for Natural Industrial Absorbents is segmented into
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Natural Industrial Absorbents: Regional Outlook
Asia Pacific is the largest consumer of the Natural industrial absorbents in the world with more than one- third share of the global market. The demand in the region is further expected to increase with the increase in awareness and cost effective solution over other materials. The demand in Europe & North America regions is relatively less as compared to the Asia region due to the strong presence of polymeric and synthetic absorbents in the local markets. However, the research on natural industrial absorbents in these regions is on rise and their adoption in industries is also increasing. The demand in the Middle East & Africa and Latin America is expected to increase significantly owing to the cost benefits these materials offer compared to other absorbents.
Natural Industrial Absorbents: Key Players
The market for natural industrial absorbent is highly concentrated with the presence of numerous manufacturers at the local levels. However, some of the global operating players include Blue Pacific Minerals, Evolution Sorbent Products (UK) Limited, GROUP MONARCH INTERNATIONAL INC., Sokerol Group Limited, Galuku Group Limited, Coco Products LLC, Hi-Point Industries, Kengro Corporation and others.
The research report presents a comprehensive assessment of the Natural Industrial Absorbents market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Natural Industrial Absorbents market report provides analysis and information, according to market segments such as geographies, application, and industry.
The Natural Industrial Absorbents Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Natural Industrial Absorbents Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS & Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East & Africa (GCC Countries, South Africa)
The Natural Industrial Absorbents report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Natural Industrial Absorbents report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Natural Industrial Absorbents report also maps the qualitative impact of various market factors on market segments and geographies.
The Natural Industrial Absorbents Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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