The report "Industrial Absorbents Market by Material Type (Natural Organic & Inorganic, Synthetic), Product (Pads, Rolls, Booms & Socks), Type (Universal, Oil-only, HAZMAT), End-use Industry (Oil & Gas, Chemical, Food Processing), and Region - Global Forecast to 2023" .

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3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Kimberly-Clark Professional (US), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US) are the leading manufacturers of industrial absorbents, globally.
“By type, HAZMAT/Chemical segment is expected to be one of the largest contributor in the industrial absorbents market during the forecast period.”

HAZMAT/chemical absorbent products are used to cleanup spills involving acids, bases, and other hazardous or unknown liquids as these spills can have harmful impacts on the environment and can be dangerous to the living beings present in the vicinity. HAZMAT/chemical absorbent products are designed to absorb the most aggressive acidic or caustic fluids and are majorly composed of synthetic absorbents.

In addition, stringent regulations in regions such as North America and Europe on chemical discharge in to the environment have led to an increase in the demand for spill control products designed for chemicals. Therefore, this factor has fueled the adoption and application of HAZMAT/chemical absorbent products, which is driving the growth of the industrial absorbents market.

By end-use industry, chemical is expected to be one of the fastest-growing segment during the forecast period.
Chemicals are hazardous materials and can cause severe harm to humans or environment if accidentally released or spilled in the environment. Chemical accidents usually occur during transportation of stored chemicals. Chemical manufacturers need to immediately respond to accidental spills that occur during manufacturing processes to minimize the impact of spills on the environment. Furthermore, regions such as North America and Europe have stringent norms with respect to chemicals and spill response. All these factors have fueled the growth of the industrial absorbents market in the chemical end-use industry.

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Recent Developments
• In 2017, New Pig Corporation introduced the PIG Forklift Spill Kit in Bag, designed for forklift truck and tow motor for spill response from punctured drums, burst pipes, leaking tanks, or upturned containers. This strategy strengthened the company’s product portfolio in the industrial absorbents market.
• In 2016, New Pig Corporation introduced the PIG Mildew-Resistant Absorbent sock, which is 100% polypropylene cover and its filler resists the growth of mildew. This strategy enhanced the company’s product line of absorbent socks.

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