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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Absorbent Mats Market Outlook
The global absorbent mats market attained a value of about USD 3.59 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.8% to reach nearly USD 5.98 billion by 2032.
| Global Absorbent Mats Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 3.59 |
| Market Size 2032 | USD Billion | 5.98 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.8% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 6.7% |
| CAGR 2024-2032 - Market by Country | India | 7.4% |
| CAGR 2024-2032 - Market by Country | Saudi Arabia | 6.6% |
| CAGR 2024-2032 - Market by Type | Polypropylene Absorbent Mats | 6.3% |
| CAGR 2024-2032 - Market by End Use | Food Processing | 6.6% |
| Market Share by Country 2023 | Brazil | 3.2% |
Favourable Physical Properties of Absorbent Mats to Propel the Market Growth
The growing market for absorbent mats can be associated with its surging demand from end-use industries like oil and gas, healthcare, food and beverage, and agriculture, among others for maintenance against liquid spills. These mats come in a variety of shapes and sizes and are a more economical solution for the absorption of liquids across several industries. In addition to this, the non-reactive, sturdiness, durable, reusable, and recyclable properties of absorbent mats, the market is further witnessing growth.
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Furthermore, growing environmental concerns regarding chemical and oil spills has been augmenting the demand for absorbent mats in respective industries to minimise the negative impact on the environment, thereby boosting the market growth. Moreover, the development of absorbent mats using advanced technological methods and bio-friendly materials to reduce health risks is positively influencing the overall growth of the market.
Absorbent Mats: Market Segmentation
Absorbent mats are mats that prevent leakage and spills of liquid components, such as oil, water, and chemicals. These mats are available in polypropylene, PVC, nitrile, and rubber forms and can be customised according to shapes and sizes based on end-use.
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On the basis of type, the market can be classified into:
- Polypropylene Absorbent Mats
- PVC Absorbent Mats
- Nitrile Absorbent Mats
- Rubber Absorbent Mats
- Others
| CAGR 2024-2032 - Market by | Type |
| Polypropylene Absorbent Mats | 6.3% |
| PVC Absorbent Mats | 5.9% |
| Nitrile Absorbent Mats | 5.5% |
| Rubber Absorbent Mats | XX% |
| Others | XX% |
Based on end use, the market can be divided into:
- Food Processing
- Industrial Manufacturing
- Healthcare
- Others
| CAGR 2024-2032 - Market by | End Use |
| Food Processing | 6.6% |
| Industrial Manufacturing | 6.0% |
| Healthcare | XX% |
| Others | XX% |
The EMR report looks into the regional markets of absorbent mats like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Region |
| Asia Pacific | 6.7% |
| North America | 5.3% |
| Europe | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2024-2032 - Market by | Country |
| India | 7.4% |
| Saudi Arabia | 6.6% |
| China | 6.4% |
| Mexico | 5.8% |
| UK | 5.3% |
| USA | 5.2% |
| Canada | XX% |
| Germany | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Brazil | XX% |
| France | 4.5% |
| 2023 Market Share by | Country |
| Brazil | 3.2% |
| USA | XX% |
| Canada | XX% |
| UK | XX% |
Rising Applications of Absorbent Mats in the Food Packaging Industry to Augment the Market Growth
The global market for absorbent mats is being driven by the surging demand from the food and beverage industry for packaging applications. Packed food products such as poultry, meat, fish, and vegetables release liquids that are absorbed by absorbent mats to ensure hygiene of the packed products, along with the hygienic storage of these products. The absorbed liquids are locked in the mats which prevents them to re-enter into the packed materials, thereby making absorbent mats safe and hygienic choice for packaging in the food and beverage sector. This is invigorating the growth of the market. In line with this, rising awareness among consumers regarding packed foods, demand for clean label and hygienic products are additional factors influencing the market growth of absorbent mats.
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Key Industry Players in the Global Absorbent Mats Market
The report presents a detailed analysis of the following key players in the global absorbent mats market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Notrax Justrite Safety Group
- Liquid Safety Solutions (Spilfyter)
- New Pig Corporation
- Little Rapids Corporation (Graham Medical)
- Safetec of America, Inc.
- McAllister Mills, Inc.
- COBA Europe Ltd
- Can-Ross Environmental Services Ltd
- 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global absorbent mats market attained a value of nearly USD 3.59 billion.
The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.98 billion by 2032.
The market is being driven by the growing demand for absorbent mats owing to their properties like recyclability, durability, sturdiness, and non-reactiveness, which make them favourable for several end-use applications.
The market growth can be associated with the rising demand for absorbent mats for the packaging of food products like meat, seafood, and vegetables.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of absorbent mats are polypropylene absorbent mats, PVC absorbent mats, nitrile absorbent mats, and rubber absorbent mats, among others.
The significant end uses of absorbent mats include food processing, industrial manufacturing, and healthcare, among others.
The major players in the industry are Notrax Justrite Safety Group, Liquid Safety Solutions (Spilfyter), New Pig Corporation, Little Rapids Corporation (Graham Medical), Safetec of America, Inc., McAllister Mills, Inc., COBA Europe Ltd, and Can-Ross Environmental Services Ltd, among others.
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