[250 Pages Report] The absorbent booms & socks market is likely to record a promising CAGR of 10.6% during the forecast period. The absorbent booms & socks market is currently valued at US$ 1.7 Billion and is likely to reach US$ 4.7 Billion by 2032.
Attributes | Details |
---|---|
Absorbent Booms & Socks Market CAGR (2022 to 2032) | 10.6% |
Absorbent Booms & Socks Market Value (2022) | US$ 1.7 Bn |
Absorbent Booms & Socks Market Value (2032) | US$ 4.7 Bn |
Absorbent booms and socks are flexible tubes mainly used for absorbing oils, chemicals, coolants, solvents, petroleum-based fluids and other unknown liquids. These booms and socks are made of a variety of materials like polypropylene, polyethene, paper, fibre, and others, increasing the demand for absorbent booms and socks.
Other factors like flexibility, fluid-specific products, enhanced supply chain, and demand drive the sales of absorbent booms and socks. It provides a cleaner and safer work environment as it absorbs most liquids with higher shelf life. The sales of absorbent booms and socks are likely to skyrocket in the forecast period as the pandemic has made people aware of the hygiene and cleanliness around them.
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Absorbent booms & socks are gaining acceptance as an everyday working tool for major industries, including oil and gas, chemical plants, food processing, healthcare, and others.
Brilliant properties of absorbent booms and socks such as durability, ease of use, high absorbency, inertness towards absorbed liquid, and reusability make them a perfect choice for industries to improve efficiency and safety at the workplace. Such factors are likely to heighten the growth in the demand for absorbent booms & socks during the forecast period.
Expansion of end-use industries across the globe and rising demand for spill kit products to improve productivity and safety in the workplace are likely to create significant demand for absorbent booms & socks during the forecast period.
However, the increasing numbers of players and fluctuation in raw material prices are expected to hamper the sales of absorbent booms & socks during the forecast period. Manufacturing of absorbent booms & socks is offering specialized, customized, cost-effective and eco-friendly absorbent booms & socks in order to gain grip in the market. Overall, the global absorbent booms & socks are likely to expand with notable CAGR during the forecast period.
The healthy growth rate of end-use industries in the Asia Pacific excluding Japan (APEJ) region and the growing demand for spill kit products to prevent harm from any spillage is likely to create substantial demand for absorbent booms & socks throughout the forecast period. China is expected to be at the forefront of the market share of the absorbent booms & socks market during the forecast period, increasing the sales of absorbent booms & socks.
Europe is a significant shareholder of the global absorbent booms & socks market and is likely to expand with notable CAGR during the forecast period. In terms of absorbent booms & socks market share, Germany is expected to be dominant throughout the forecast period, increasing absorbent booms & socks. Latin America and Middle East & Africa are considerable shareholders of the global absorbent booms & socks market.
They are anticipated to be promising regions for the growth of the absorbent booms & socks market during the forecast period. North American region is expected to register a healthy CAGR of the absorbent booms & socks market during the forecast period.
The key players in the absorbent booms & socks market are focusing on flexibility, longer shelf life and aggressive pricing. The competitors also focus on better absorption and area that drives the demand for absorbent booms & socks business. This drives the sales of Absorbent booms & socks.
Key players in the absorbent booms & socks market include 3M Company, Oil Dri Corporation of America, Wipeco Industries, Fentex ltd, ESP US, The Cary Company, Meltblown Technologies Inc, PolySafe Products, PSI Parker System Inc and IQ Safety.
Recent Market Development:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 10.6% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments Covered | Product Type, Size, Dispensing Mode, Powder Dispensing Capacity, End Use, Region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
Country scope | USA.; Canada; Mexico; Germany; UK.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled | 3M Company, Oil_Dri Corporation of America, Wipeco Industries, Fentex ltd, ESP US, The Cary Company, Meltblown Technologies Inc, PolySafe Products, PSI Parker System Inc and IQ Safety |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Asia Pacific excluding Japan (APEJ) is the biggest market for the absorbent booms & socks market and is expected to hold a big portion of the market in the forecast period as new manufacturing units open up in this region.
Key competitors holding substantial Absorbent booms & socks market share are 3M Company, Oil, Dri Corporation of America, Wipeco Industries, Fentex ltd, ESP US, The Cary Company, Meltblown Technologies Inc, PolySafe Products, PSI Parker System Inc and IQ Safety
Demand for absorbent booms & socks is likely to rise with the factors like advent of corona virus, spreading awareness about hygiene and cleanliness. This increases the demand for absorbent booms & socks.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Absorbent Booms & Socks Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Material, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Material, 2022-2032
5.3.1. Plastic
5.3.2. Paper
5.3.3. Fiber
5.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021
5.5. Absolute $ Opportunity Analysis by Material, 2022-2032
6. Global Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Product Type, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Product Type, 2022-2032
6.3.1. Universal Absorbent
6.3.2. Oil Absorbent
6.3.3. Chemical Absorbent
6.3.4. Hazmat Absorbent
6.4. Y-o-Y Growth Trend Analysis by Product Type, 2015-2021
6.5. Absolute $ Opportunity Analysis by Product Type, 2022-2032
7. Global Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by End Use, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by End Use, 2022-2032
7.3.1. Food & Food Processing
7.3.2. Oil & Gas
7.3.3. Chemical
7.3.4. Healthcare
7.3.5. Cosmetics & Personal Care
7.3.6. Other Consumer Goods
7.4. Y-o-Y Growth Trend Analysis by End Use, 2015-2021
7.5. Absolute $ Opportunity Analysis by End Use, 2022-2032
8. Global Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Product Type
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Product Type
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Product Type
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Product Type
10.3.4. By End Use
10.4. Key Takeaways
11. Europe Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Product Type
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Product Type
11.3.4. By End Use
11.4. Key Takeaways
12. East Asia Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Product Type
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Product Type
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Product Type
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Product Type
13.3.4. By End Use
13.4. Key Takeaways
14. Oceania Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Product Type
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Product Type
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East & Africa Absorbent Booms & Socks Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Material
15.2.3. By Product Type
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Product Type
15.3.4. By End Use
15.4. Key Takeaways
16. Country wise Absorbent Booms & Socks Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Product Type
16.1.4. By End Use
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Product Type
16.2.4. By End Use
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Product Type
16.3.4. By End Use
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Product Type
16.4.4. By End Use
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Product Type
16.5.4. By End Use
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Product Type
16.6.4. By End Use
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Product Type
16.7.4. By End Use
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Product Type
16.8.4. By End Use
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Product Type
16.9.4. By End Use
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Product Type
16.10.4. By End Use
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Product Type
16.11.4. By End Use
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Product Type
16.12.4. By End Use
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Product Type
16.13.4. By End Use
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Product Type
16.14.4. By End Use
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Product Type
16.15.4. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. ABSORBENTS FOR LESS
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. DENIOS
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Method Enterprise Sdn Bhd.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. spillfreak
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Cromwell
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Hazmasters
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Aim Nonwovens and Interiors Pvt. Ltd.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Fastenal Company
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Censol Limited
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Green Boom
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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