[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.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
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. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
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
Explore Packaging Insights
View Reports