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Global Absorbent Booms and Socks Market: By Product Type: Polypropylene, Fibre, Polyethylene, Paper, Others; By Application: Oil and Gas, Chemical, Food Processing, Healthcare, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Absorbent Booms and Socks Market Outlook

The global absorbent booms and socks market is expected to grow in the forecast period of 2023-2028 at a CAGR of 6%.

 

Growing Use of Absorbent Booms and Socks in the Oil and Gas Industry Bolstering the Market Growth

The increasing use of absorbent booms and socks in the oil and gas industry is driving the market growth. As absorbent booms and socks are resistant to acids and hydrocarbon fluid, they are ideal for use in oil and gas extraction and refinery applications. Moreover, absorbent booms and socks absorb water-based fluids to efficiently contain hydrocarbon fluids like diesel, vegetable oils, and hydraulic oils, among others, which is augmenting the market growth. The development of absorbent booms and socks with extremely high retention of liquids is predicted to drive the market growth in the forecast period.

 

Global Absorbent Booms and Socks Market

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The growing deployment of absorbent booms and socks in the healthcare sector is driving the market growth. With the surge of the COVID-19 pandemic, the enhanced focus on safety, especially in the healthcare industry, is increasing the demand for absorbent booms and socks, which is propelling the industry growth. Absorbent booms and socks are increasingly used to fix the drips and spills of leaky machinery used in the healthcare sector, which is significantly contributing to the market growth. Furthermore, the growing demand for absorbent booms and socks in laboratories to accelerate diagnostics and therapeutics is expected to provide lucrative growth opportunities to the market in the forecast period.

 

Absorbent Booms and Socks: Market Segmentation

Absorbent booms and socks are absorbent materials that are produced from polypropylene, polyethylene, and fibre, among others. They are typically used to absorb and contain liquids to enhance the cost-effectiveness and productivity of various industrial applications. Absorbent booms and socks find their applications in industries, such as healthcare, oil and gas, and chemicals, among others.

The major product types of absorbent booms and socks are:

  • Polypropylene
  • Fibre
  • Polyethylene
  • Paper
  • Others

The market can be broadly categorised on the basis of its applications into:

  • Oil and Gas
  • Chemical
  • Food Processing
  • Healthcare 
  • Others

The EMR report looks into the regional markets of absorbent booms and socks like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Absorbent Booms and Socks in the Chemical Industry to Augment the Market Growth

The growing use of absorbent booms and socks in the chemical industry to prevent the clean-up and leakage of chemicals and boost the cost-efficiency is driving the market growth. Absorbent booms and socks are resistant to wear and tear and provide prolonged durability, which makes them ideal for utilisation in the chemical industry. Moreover, the availability of absorbent booms and socks in diverse sizes is surging their use in various applications, thus strengthening the industry growth.

As absorbent booms and socks are reusable, they are increasingly deployed to enhance the sustainability of chemical plants, which is significantly contributing to the market growth. The ease of usage offered by absorbent booms and socks is escalating their use in chemical activities, thereby adding to the industry growth. Furthermore, the introduction of various stringent regulations by governments to enhance workers’ safety is surging the demand for absorbent booms to prevent chemical spills, which is estimated to provide impetus to the market growth in the forecast period.

 

Key Industry Players in the Global Absorbent Booms and Socks Market

The report presents a detailed analysis of the following key players in the global absorbent booms and socks market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • 3M
  • Wipeco, Inc.
  • Fentex Ltd.
  • Meltblown Technologies Inc.
  • PolySafe Products
  • PSI Parker Systems, Inc.
  • iQSafety
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region
Breakup by Product Type Polypropylene, Fibre, Polyethylene, Paper, Others
Breakup by Application  Oil and Gas, Chemical, Food Processing, Healthcare, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered 3M, Wipeco, Inc., Fentex Ltd., Meltblown Technologies Inc., PolySafe Products, PSI Parker Systems, Inc., iQSafety, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Absorbent Booms and Socks Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Absorbent Booms and Socks Historical Market (2018-2022) 
    8.3    Global Absorbent Booms and Socks Market Forecast (2023-2028)
    8.4    Global Absorbent Booms and Socks Market by Product Type
        8.4.1    Polypropylene
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Fibre
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Polyethylene
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Paper
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Others
    8.1    Global Absorbent Booms and Socks Market by Application 
        8.1.1    Oil and Gas
            8.1.1.1    Market Share
            8.1.1.2    Historical Trend (2018-2022)
            8.1.1.3    Forecast Trend (2023-2028)
        8.1.2    Chemical
            8.1.2.1    Market Share
            8.1.2.2    Historical Trend (2018-2022)
            8.1.2.3    Forecast Trend (2023-2028)
        8.1.3    Food Processing
            8.1.3.1    Market Share
            8.1.3.2    Historical Trend (2018-2022)
            8.1.3.3    Forecast Trend (2023-2028)
        8.1.4    Healthcare 
            8.1.4.1    Market Share
            8.1.4.2    Historical Trend (2018-2022)
            8.1.4.3    Forecast Trend (2023-2028)
        8.1.5    Others
    8.2    Global Absorbent Booms and Socks Market by Region
        8.2.1    Market Share
            8.2.1.1    North America
            8.2.1.2    Europe
            8.2.1.3    Asia Pacific
            8.2.1.4    Latin America
            8.2.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    3M
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Wipeco, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Fentex Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Meltblown Technologies Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    PolySafe Products
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    PSI Parker Systems, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    iQSafety
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Absorbent Booms and Socks Market: Key Industry Highlights, 2017 and 2026
2.    Global Absorbent Booms and Socks Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Absorbent Booms and Socks Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Absorbent Booms and Socks Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Absorbent Booms and Socks Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Absorbent Booms and Socks Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Absorbent Booms and Socks Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Absorbent Booms and Socks Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Absorbent Booms and Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Absorbent Booms and Socks Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Absorbent Booms and Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Absorbent Booms and Socks Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Absorbent Booms and Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Absorbent Booms and Socks Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Absorbent Booms and Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Absorbent Booms and Socks Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Absorbent Booms and Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Absorbent Booms and Socks Market Structure

Key Questions Answered in the Report

The global absorbent booms and socks market is projected to grow at a CAGR of 6% between 2023 and 2028.

The market is being aided by the growing demand for absorbent booms and socks in the oil and gas industry as well as the healthcare sector.

The industry is expected to be fuelled by the growing use of absorbent booms and socks in the chemical industry, the rising availability of diverse absorbent booms and socks, and the introduction of various stringent government regulations to enhance the safety of workers.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major product types of absorbent booms and socks are polypropylene, fibre, polyethylene, and paper, among others.

The significant applications in the market are oil and gas, chemical, food processing, and healthcare, among others.

The major players in the industry are 3M, Wipeco, Inc., Fentex Ltd., Meltblown Technologies Inc., PolySafe Products, PSI Parker Systems, Inc., and iQSafety, among others.

Analyst Review

The global absorbent booms and socks market is driven by the growing demand for absorbent booms and socks in the oil and gas industry. Aided by the rising availability of diverse absorbent booms and socks, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the absorbent booms and socks industry can be segmented into polypropylene, fibre, polyethylene, and paper, among others. On the basis of applications, the industry is divided into oil and gas, chemical, food processing, and healthcare, among others. The major regional markets for absorbent booms and socks are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 3M, Wipeco, Inc., Fentex Ltd., Meltblown Technologies Inc., PolySafe Products, PSI Parker Systems, Inc., and iQSafety, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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