Petroleum Sorbents Market
Petroleum Sorbents Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0326
Segments Covered
By
Type Inorganic Sorbents, Cellulose Sorbents
-
By
Application Oil and gas industry, Chemical industry, Manufacturing industry, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
21.69 Million |
 Revenue 2028:
|
32.29 Million |
 Revenue CAGR
(2021 - 2028): |
5 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Type, the market is divided into Inorganic Sorbents, Cellulose Sorbents. Inorganic Sorbent dominated the global Petroleum Sorbents market in 2020 and is projected to witness the same trend during the forecast period.
Based on Application, the market is segmented into Oil and gas industry, Chemical industry, Manufacturing industry, Others. Chemical industry accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Petroleum Sorbents Market: Type Segment Analysis
-
- Inorganic Sorbents
- Cellulose Sorbents
Global Petroleum Sorbents Market: Application Segment Analysis
-
- Oil and gas industry
- Chemical industry
- Manufacturing industry
- Others
FAQ
Frequently Asked Question
What is the global demand for Petroleum Sorbents in terms of revenue?
-
The global Petroleum Sorbents valued at 21.69 Million in 2020 and is expected to reach 32.29 Million in 2028 growing at a CAGR of 5%.
Which are the prominent players in the market?
-
The prominent players in the market are Darcy Spillcare Manufacture, NPS Corp, ENPAC, Oil-Dri Corporation of America, Unique Safety Services, GEI Works, New Pig Corporation, Chemtex, Global Spill Control, American Textile & Supply, Brady Worldwide, 3M, Others..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Petroleum Sorbents include
- Increasing incidents of oil spills and pipeline ruptures to avoid it and minimize which is driving factor for Petroleum Sorbents Market.
- Increase in oil spill preparedness programs is another driving Petroleum Sorbents Market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Petroleum Sorbents in 2020.
