Absorbent Pads: Types, Trends and 2021 Market by NOVIPAX LLC, PACTIV LLC, SIRANE LTD, CELLCOMB AB, W. DIMER GMBH etc. till 2027

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 key factors such as advantages offered by absorbent pads and growing environmental concerns with respect to chemical and oil spills and increasing technological development in the field of absorbent pads is expected to account for the growth of the global absorbent pads market. The North America is estimated to be the largest market for absorbent pads in 2018. The growth of the absorbent pads market in this region is primarily attributed to the growing awareness about the benefits offered by absorbent pads. Different types of absorbent pads for oil spills, chemical spills has also favored the rise of the absorbent pads market in North America. The easy availability of absorbent pads and presence of major market players expands the absorbent pads market in North America.

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Increasing use of absorbent pads in food industry:

Innovations in food packaging systems helps to meet the evolving needs of the market such as consumer preference for healthy and high‐quality food that simultaneously reduces of the negative environmental impacts of food packaging are considered to be preferable packaging options and are likely to be adopted in the near future. Innovative concepts of active and intelligent packaging technologies provide solutions for high shelf life and improve safety and quality of the food products.

Traditionally perishable food products such as meat, poultry, fish and vegetables were displayed and sold in bulk form, thereby allowing the purchaser to select the item or items to be purchased. More recently, such food products are prepackaged for display and sale.

Consequently, many such packages today employ an absorbent material in the bottom of the tray to absorb the liquids as they are released from the food. Thus, the increasing use of these pads in food packaging industry is likely to be a prevalent trend in the absorbent pads market over the coming years.

Market Insights:

Growing environmental concerns with respect to chemical and oil spills

The effects of oil spills can have wide ranging impacts as long lasting environmental disasters. Oil spills can have severe short term effects, especially when organisms are considered on an individual basis. When an oil spill occurs, many elements of the environment may be affected. Depending on the magnitude of the spill and its location, the effects can vary, ranging from minimal to serious ones. The oil resulted from oil spills is transported throughout the environment in various forms, and has various characteristics that influence its effects over the environmental elements. The effects of oil spills are not limited to the environment. There are immediate effects on humans, fish, animals, birds and wildlife in general, mainly due to direct contact with the environment, direct contact with the spilled oil including breathing of volatilized oil components, consumption of polluted food at any level in the food chain and others.

Thus, the absorbent pads that are effective in controlling these oils spills are promoters of environment preservation thereby leading to their increased adoption.

List of Companies:

3M COMPANY
BRADY CORPORATION
CELLCOMB AB
COCOPAC LIMITED
GELOK INTERNATIONAL CORPORATION
NOVIPAX LLC
PACTIV LLC
SIRANE LTD
TRICO CORPORATION
W. DIMER GMBH

Table of Content (TOC):

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
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Continued.......

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This release was published on openPR.