Global Petroleum Sorbent Pads Market - Analysis, Technologies & Forecasts to 2021

The global petroleum sorbent pads market is forecast to grow at a CAGR of 3.98% during the period 2017-2021.

The report, Global Petroleum Sorbent Pads Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is the increase in oil spill preparedness programs. Oil spills have been a major concern across the industries. The market is witnessing an increase in training activities related to oil spills, which require the understanding of the concerns of environmental damages and hazards caused due to oil spills. Regulatory bodies such as OSHA mandate training for dealing with emergency situations in the event of an oil spill.

According to the report, one driver in the market is increasing incidents of oil spills and pipeline ruptures. The significant increase in oil spills incidents in the recent past will have an impact in the global petroleum sorbent pads market. These incidents threaten natural resources, public property, and life. The rise in oil spills can be attributed to the increase in transportation of crude oil through sea routes and pipelines, which is expected to drive the market for petroleum sorbent pads. Petroleum sorbent pads are required to mitigate the harmful effects of liquid petroleum hydrocarbons released into the environment.

Further, the report states that one challenge in the market is saturation and buoyancy of petroleum sorbent pads. One of the major challenges associated with the use of petroleum sorbent pads is that they get saturated by oil over the period of their use. There is a chance that the pads lose their buoyancy when saturated as they come in contact with oil and water in the course of use. Once the petroleum sorbent pads are saturated, they cannot recover oil any further. It also becomes difficult to identify the level of saturation. Sorbent pads, which are made from organic materials such as sawdust and straw, initially possess but eventually lose their affinity for fluids such as petroleum.

Key vendors

Other prominent vendors

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By End-User

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/9f3dqv/global_petroleum

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com 

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716