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Absorbent Booms & Socks Market Size, Share & Industry Analysis, By Material (Polypropylene (PP), Fiber, Polyethylene (PE), Paper,Others), By Type (Universal Absorbent Booms & Socks, Oil Absorbent Booms & Socks, Chemical Absorbent Booms & Socks, Hazmat Absorbent Booms & Socks), By Application (Oil & Gas, Chemical, Food Processing, Healthcare, Others) And Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI104188 | Status : UpcomingAbsorbent booms & socks are flexible tubes, which are produced from the material of polypropylene, fiber, polyethylene, and paper. They are available in a wide range of types which include universal, chemical, oil, and hazmat with different sizes. Additionally, absorbent booms & socks are the environmental free products and have the ability to absorb & retain spill. The flexibility of absorbent booms & socks allows them to surround the spill and stop the spreading of liquid in the workplace. It is also cost-effective and can be customized easily. These properties increase their use to absorb chemicals, oils, solvents, coolants, petroleum-based, and water fluids. The absorbent booms & socks find its application in the oil & gas, chemical, food processing, and healthcare industries.
The rising demand for absorbent booms & socks in the oil & gas and chemical plants have surged the market expansion. The absorbent booms & socks offer various beneficial properties such as high absorbency, ease of use, durability, reusability, inertness towards absorbed liquid. These properties make them a preferred choice for industries to provide safety at the workplace and improve efficiency. The rising safety in the workplace coupled with increasing demand for spill kits products to improve productivity is anticipated to drive the demand for absorbent booms & socks, and this will help to fuel the market growth during the forecast period.
However, the fluctuation in raw material prices reduces the adoption of absorbent booms & socks, and also impact the overall price of product. Hence, this is expected to hamper the market growth.
Market Segmentation:
Based on material, the absorbent booms & sock market is segmented into polypropylene, fiber, polyethylene, paper, and others. Based on type, the market is segmented into universal absorbent booms & socks, oil absorbent booms & socks, chemical absorbent booms & socks, and hazmat absorbent booms & socks. Based on application, the market is segmented into oil & gas, chemical, food processing, healthcare, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
The key players in the absorbent booms & socks market includes Grainger Inc, New Pig Corporation, West Coast Spill Supplies Ltd., PSI Parker Systems, Inc., GEI Works, Questar LLC, Fastenal Company, Guardian Environmental Technologies, Cromwell Group (Holdings) Ltd., Cleaners Supermarket Pty Ltd., Spillshop.co.uk & PDJ Imports Ltd., and iQSafety
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
Asia Pacific is anticipated to witness higher growth in the absorbent booms & socks market during the forecast period. The rapidly growing oil & gas industry has surged the demand for absorbent booms & socks, in order to retain the oil. The rising product demand for fiber and polyethylene in the production of absorbent booms & socks will fuel the market in Europe, in which Germany and France are the leading countries. In North America, growth is attributed to the rising product demand in healthcare and food processing. The Middle East & Africa is anticipated to witness significant growth, owing to the rising demand for oil and hazmat absorbent booms & socks in the healthcare industry.
Segmentation
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- Global
- 2023
- 2019-2022