Global Market Of Oil Absorbers Developed Stable, With An Average Growth Rate Of 3.89% In The Last Several Years
Friday, 08 Mar, 2019
In the last several years, global market of Oil Absorbers developed stable, with an average growth rate of 3.89%. In 2017, global revenue of Oil Absorbers is nearly 130 M USD; the actual sales are about 3417 K Unit.

The classification of Oil Absorbers includes Universal Absorbents, Oil Only Absorbents and Specialty Absorbents. The proportion of Universal Absorbents in 2017 is about 49%.

Oil Absorbers is widely used in Industry and Environmental. The most proportion of Oil Absorbers is used in Industry and the proportion is about 67%.

North America is the largest consumption place, with a consumption market share nearly 32% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 29%.

Market competition is intense. Brady Corporation, Oil-Dri Corporation, Justrite, New Pig Corporation and LUBETECH are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.