Europe Oil Pollution Remediation Materials Market Forecast to 2030 - Regional Analysis - by Type [Physical Remediation (Booms, Skimmers, and Adsorbent Materials), Chemical Remediation (Dispersants and Solidifiers), Thermal Remediation, and Bioremediation]
The Europe oil pollution remediation materials market was valued at US$ 129.51 million in 2022 and is expected to reach US$ 153.19 million by 2030; it is estimated to register a CAGR of 2.1% from 2022 to 2030.
Government Regulations Related to Oil Spill Preparedness and Responses Fuels Europe Oil Pollution Remediation Materials Market
In the past few years, governments of various countries have designed oil spill cleanup regulations to ensure a prompt and effective response to environmental emergencies. These regulations typically outline procedures, technologies, and standards that companies must follow to contain, control, and clean up oil spills. Regulations often stipulate the type of remediation materials that must be employed to minimize environmental impact and ensure effective cleanup. Rising need for effective oil spill cleanup propels the demand for remediation materials. As environmental concerns and regulations intensify, there is a growing emphasis on using advanced and eco-friendly materials for remediation. Certain absorbents, dispersants, and barriers may be mandated to meet safety and efficacy standards, promoting the use of environment-friendly and efficient materials in oil spill response efforts.
In 2023, the Transport and Tourism Committee decided to revise EU regulations aimed at preventing ship pollution in European waters and making sure offenders pay fines. By making this change, the International Maritime Organization (IMO) would guarantee that all international rules for preventing illegal ship discharges are included in EU law, making them easier to enforce.
Authorities require companies involved in oil-related operations to develop comprehensive contingency plans. These plans outline strategies, procedures, and use of remediation materials to be implemented in oil spill events. Therefore, government regulations related to oil spill preparedness and responses boost the oil pollution remediation materials market growth.
Europe Oil Pollution Remediation Materials Market Overview
Increasing oil & gas exploration and production activities, growing awareness of the environmental impact of oil spills, and stringent regulations for environmental protection are a few of the factors propelling the demand for oil pollution remediation materials in Europe. Booms, skimmers, and sorbents are widely used remediation materials. On the other hand, European countries also opt for bioremediation products and services. Volumes of oil transported through marine routes have surged in the past decade. The transportation of crude oil is a major cause of oil spills. According to the European Maritime Safety Agency, the region recorded 38 pollution events caused by ships in 2022. According to the European Environment Agency, hull failure, grounding, fire/explosion, and collision were the major causes of oil tanker spills in the European Seas.
Norway is a major exporter of natural gas, with an export value of crude, condensate and natural gas reported as US$ 181.12 billion in 2022, as per Ministry of Energy and the Norwegian Offshore Directorate. As per the US Energy Information Administration, Europe was the major export destination for the US crude oil exports by volume in 2023. The rising imports of crude oil from the US to European countries further drive maritime transportation and shipping activities, thereby increasing the possibility of oil spills or leakages. Thus, the burgeoning demand for oil and gas triggers the demand for transport media, in turn, propelling the oil pollution remediation materials market growth in Europe.
Europe Oil Pollution Remediation Materials Market Revenue and Forecast to 2030 (US$ Million)
Europe Oil Pollution Remediation Materials Market Segmentation
The Europe oil pollution remediation materials market is categorized into type and country.
Based on type, the Europe oil pollution remediation materials market is segmented into physical remediation, chemical remediation, thermal remediation, and bioremediation. The physical remediation segment held the largest market share in 2022. Furthermore, the physical remediation segment is sub segmented into booms, skimmers, and adsorbent materials. Additionally, the chemical remediation segment is bifurcated into dispersants and solidifiers.
By country, the Europe oil pollution remediation materials market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Russia dominated the Europe oil pollution remediation materials market share in 2022.
Ansell Ltd; Brady Corp; Compania Espanola de Petroleos SA; Cosco Shipping Heavy Industry Co., Ltd; Ecolab Inc; NOV Inc; Oil Technics Ltd; Oil-Dri Corp of America; Regenesis; TOLSA SA; and Verde Environmental Group Ltd are some of the leading companies operating in the Europe oil pollution remediation materials market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.3 Limitations and Assumptions
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Oil Pollution Remediation Materials Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Oil Pollution Remediation Materials Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
4.3.5 List of Vendors in Value Chain
5. Europe Oil Pollution Remediation Materials Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Offshore Oil Exploration and Transportation Activities
5.1.2 Government Regulations Related to Oil Spill Preparedness and Responses
5.1.3 Increasing Levels of Pollution in ICCA Countries
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices of Physical and Chemical Remediation
5.3 Market Opportunities
5.3.1 Growing Emphasis on Utilization of Efficient and Eco-friendly Oil Pollution Remediation Solutions
5.4 Future Trends
5.4.1 Development of Novel Oil Pollution Remediation Materials
5.5 Impact of Drivers and Restraints:
6. Oil Pollution Remediation Materials Market - Europe Analysis
6.1 Europe Oil Pollution Remediation Materials Market Revenue (US$ Million), 2022-2030
6.2 Europe Oil Pollution Remediation Materials Market Forecast Analysis
7. Europe Oil Pollution Remediation Materials Market Analysis - by Type
7.1 Physical Remediation
7.1.1 Overview
7.1.2 Physical Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.1.3 Booms
7.1.3.1 Overview
7.1.3.2 Booms: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.1.4 Skimmers
7.1.4.1 Overview
7.1.4.2 Skimmers: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.1.5 Adsorbent Materials
7.1.5.1 Overview
7.1.5.2 Adsorbent Materials: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Chemical Remediation
7.2.1 Overview
7.2.2 Chemical Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.2.3 Dispersants
7.2.3.1 Overview
7.2.3.2 Dispersants: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.2.4 Solidifiers
7.2.4.1 Overview
7.2.4.2 Solidifiers: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Thermal Remediation
7.3.1 Overview
7.3.2 Thermal Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Bioremediation
7.4.1 Overview
7.4.2 Bioremediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8. Europe Oil Pollution Remediation Materials Market - Country Analysis
8.1 Europe Oil Pollution Remediation Materials Market - Revenue and Forecast Analysis - by Country
8.1.1 Europe Oil Pollution Remediation Materials Market - Revenue and Forecast Analysis - by Country
8.1.1.1 Germany: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.1.1 Germany: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.2 France: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.2.1 France: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.3 UK: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.3.1 UK: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.4 Italy: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.4.1 Italy: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.5 Russia: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.5.1 Russia: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.6 Rest of Europe: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.6.1 Rest of Europe: Europe Oil Pollution Remediation Materials Market Breakdown, by Type
9. Competitive Landscape
9.1 Heat Map Analysis by Key Players
9.2 Company Positioning & Concentration
10. Industry Landscape
10.1 Overview
10.2 Expansion
10.3 Partnerships
11. Company Profiles
11.1 Oil Technics Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Ansell Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Oil-Dri Corp of America
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Verde Environmental Group Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Ecolab Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Cosco Shipping Heavy Industry Co., Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Regenesis
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 TOLSA SA
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Brady Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 NOV Inc
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Compania Espanola de Petroleos SA
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. Europe Oil Pollution Remediation Materials Market Segmentation
Table 2. Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Table 3. Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 4. Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 5. Germany: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 6. France: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 7. UK: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 8. Italy: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 9. Russia: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 10. Rest of Europe: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
List of Figures
Figure 1. Europe Oil Pollution Remediation Materials Market Segmentation, by Country
Figure 2. Europe Oil Pollution Remediation Materials Market - Porter's Analysis
Figure 3. Ecosystem: Oil Pollution Remediation Materials Market
Figure 4. Europe Oil Pollution Remediation Materials Market - Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Oil Pollution Remediation Materials Market Revenue (US$ Million), 2022-2030
Figure 7. Europe Oil Pollution Remediation Materials Market Share (%) - by Type (2022 and 2030)
Figure 8. Physical Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Booms: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Skimmers: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Adsorbent Materials: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Chemical Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Dispersants: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Solidifiers: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Thermal Remediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Bioremediation: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Europe Oil Pollution Remediation Materials Market, By Key Country - Revenue (2022) (US$ Million)
Figure 18. Europe Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 19. Germany: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. France: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. UK: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Italy: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Russia: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Rest of Europe: Europe Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. Heat Map Analysis by Key Players
Figure 26. Company Positioning & Concentration
1. Ansell Ltd
2. Brady Corp
3. Compania Espanola de Petroleos SA
4. Cosco Shipping Heavy Industry Co., Ltd
5. Ecolab Inc
6. NOV Inc
7. Oil Technics Ltd
8. Oil-Dri Corp of America
9. Regenesis
10. TOLSA SA
11. Verde Environmental Group Ltd
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