Press release
Absorbent Pads Market to 2027 - Global Analysis and Outlook by Trico Corporation, SIRANE LTD., PACTIV LLC, Novipax LLC, Gelok International Corporation
Advantages offered by absorbent pads is expected to be responsible for the growth of global absorbent pads market.According to The Insight Partners market research study titled Absorbent Pads Market - Global Analysis and Forecasts by Material, Type, Product Type, End User and Geography. The global Absorbent Pads Market is expected to reach US$ 3,001.49 Mn in 2027 from US$ 1,978.51 in 2018. The market is estimated to grow with a CAGR of 4.9% from 2019-2027. The report highlights the trends prevalent in the global Absorbent Pads Market and the factors driving the market along with those that act as deterrents to its growth.
The global Absorbent Pads Market, based on the material was segmented into fiber, paper, polyethylene, polypropylene, others. In 2018, the fiber segment accounted for the largest share in the global absorbent pads market. The absorbent pads are composed of fibers that are capable of absorbing gas or liquid components. The fiber absorbent pads are used to clean up the spills in automotive sector. The growing automotive sector across the world is likely to enhance the fiber segment during the forecast period.
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Spills and leaks of oil, chemicals and other liquids are inevitable in almost all the workplaces, where fuels are used. The conventional and historic ways for taking action over these spills prevailed only after they occurred. With the new advancements in industrial sectors, absorbent pads now help to change the conceptions. These absorbent pads offer numerous advantages across multiple industrial sectors that include automotive, medical, biotechnology, food and beverages, agriculture and others. The absorbent pads are one of the most cost-efficient and economical solution for usage and waste disposal of liquid-containing materials. These pads are commercially available with varying absorption capacities that caters to the specific demands of the end products. The development in textiles have led to making use of materials used in absorbent pads that causes no health risks and are environment friendly. For instance, polypropylene and polyester absorbents offer several advantages over messy, labor-intensive, first-generation absorbents.
Some of the prominent players operating in the absorbent pads market are W. DIMER GMBH, Trico Corporation, SIRANE LTD., PACTIV LLC, Novipax LLC, Gelok International Corporation, CoCopac Limited, Cellcomb, Brady Corporation, and 3M, among others. The market players are focused on bringing new and innovative products and services through various organic strategies such as product launches and expansions to sustain their position in the market. Recently in January 2017, Brady announced its new SPC Absorbent and Spill Control Catalog, which includes, more than 6 new products.
Table of Content:
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Absorbent Pads Market – By Material
1.3.2 Global Absorbent Pads Market – By Type
1.3.3 Global Absorbent Pads Market – By Product Type
1.3.4 Global Absorbent Pads Market – By End User
1.3.5 Global Absorbent Pads Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Absorbent Pads Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East & Africa– PEST Analysis
4.2.5 South & Central America – PEST Analysis
4.3 Expert Opinions
5. Absorbent Pads Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Advantages offered by absorbent pads
5.1.2 Growing environmental concerns with respect to chemical and oil spills
5.2 Key Market Restraints
5.2.1 Risk of diseases caused with the use of absorbent pads
5.3 Key Market Opportunities
5.3.1 High spending and investments in chemical industry
5.4 Future Trends
5.4.1 Increasing use of absorbent pads in food industry:
5.5 Impact Analysis
Continue…………..
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Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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