North America 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 North America oil pollution remediation materials market was valued at US$ 864.22 million in 2022 and is expected to reach US$ 1,063.46 million by 2030; it is estimated to register a CAGR of 2.6% from 2022 to 2030.
Rising Offshore Oil Exploration and Transportation Activities Fuels North America Oil Pollution Remediation Materials Market
Increased offshore exploration and drilling activities, transportation of oil via pipelines or tankers, and human errors during oil extraction and storage propel the chances of oil spill incidences. As per the Energy Information Administration data, the US oil demand climbed to a four-year high in 2023, and it is anticipated to remain there through 2024. The amount of fuel consumed last year was 20.23 million barrels per day, the most since 2019. According to a report released by the US Energy Information Administration on January 2024, crude oil production has increased since the COVID-19 pandemic as of January 9, 2024, reversing a two-year decline. The US crude oil production rose from 11.27 million barrels/day in 2021 to 13.21 million barrels/day in 2023 and is forecasted to reach 13.44 million barrels/day by 2024.
According to the Canada Energy Regulator, most of the crude oil produced in Canada is shipped using pipelines from western provinces to refineries in the US, Ontario, and Quebec. Inefficient safety measures and aging infrastructure contribute to the occurrence of oil spills or pollution during exploration activities and crude oil production, thereby posing a significant environmental threat and prompting an effective response effort. There is growing emphasis on the development and adoption of effective oil pollution remediation materials and technologies to mitigate the adverse impacts of oil spills. The increased need for remediation solutions due to rising offshore oil exploration and transportation activities fuels the demand for oil pollution remediation materials.
North America Oil Pollution Remediation Materials Market Overview
The utilization of sorbents, dispersants, mechanical remediation, and bioremediation are the prominent approaches adopted by North American countries to control water pollution due to oil spillage. Environmental regulations and growing focus on sustainability encourage government bodies to adopt advanced technologies and materials to tackle oil spill incidents. An increasing number of oil spills and oil pollution incidences in the region drive the emphasis on environmental protection and oil spill responses. North America marks the presence of many environmental authorities and response agencies. These include the Marine Spill Response Corporation, National Environmental Emergencies Center, Canadian Transport Emergency Centre, the US Environmental Protection Agency, the US Coast Guard National Response Center, the US Coast Guard, the US National Response Team, and National Oceanic & Atmospheric Administration.
As per a report by the National Academies of Sciences, Engineering, and Medicine, oil pollution in North American ocean waters is caused by land-based oil runoff along with oil spills, natural oil seeps, and oil and gas site discharge. According to the Pipeline and Hazardous Materials Safety Administration, North America has ?2.6 million miles of pipelines that deliver huge volumes of liquid petroleum products (hundreds of billions of tons) and natural gas (trillions of cubic feet) yearly. Per the Canada Energy Regulator, most of the crude oil produced in Canada is shipped using pipelines from western provinces to refineries in the US, Ontario, and Quebec. The increasing crude oil production operations, rising exploration activities, and large-scale marine transportation activities are further expected to drive the demand for oil pollution remediation materials in North American countries over the coming years.
North America Oil Pollution Remediation Materials Market Revenue and Forecast to 2030 (US$ Million)
North America Oil Pollution Remediation Materials Market Segmentation
The North America oil pollution remediation materials market is categorized into type and country.
Based on type, the North America 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 North America oil pollution remediation materials market is segmented into the US, Canada, and Mexico. The US dominated the North America oil pollution remediation materials market share in 2022.
Ansell Ltd; Brady Corp; CL Solutions, LLC; Compania Espanola de Petroleos SA; Cosco Shipping Heavy Industry Co., Ltd; Cura Inc; Ecolab Inc; NOV Inc; Oil Spill Eater International Corp; Oil-Dri Corp of America; Osprey Spill Control; Regenesis; Sarva Bio Remed LLC; SkimOIL LLC; and TOLSA SA are some of the leading companies operating in the North America 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. North America 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. North America 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 - North America Analysis
6.1 North America Oil Pollution Remediation Materials Market Revenue (US$ Million), 2020-2030
6.2 North America Oil Pollution Remediation Materials Market Forecast Analysis
7. North America Oil Pollution Remediation Materials Market Analysis - by Type
7.1 Physical Remediation
7.1.1 Overview
7.1.2 Physical Remediation: North America 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: North America 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: North America 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: North America 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: North America 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: North America 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: North America 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: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Bioremediation
7.4.1 Overview
7.4.2 Bioremediation: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8. North America Oil Pollution Remediation Materials Market - Country Analysis
8.1 North America Oil Pollution Remediation Materials Market - Country Analysis
8.1.1 North America Oil Pollution Remediation Materials Market - Revenue and Forecast Analysis - by Country
8.1.1.1 North America Oil Pollution Remediation Materials Market - Revenue and Forecast Analysis - by Country
8.1.1.2 US: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.2.1 US: North America Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.3 Canada: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.3.1 Canada: North America Oil Pollution Remediation Materials Market Breakdown, by Type
8.1.1.4 Mexico: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
8.1.1.4.1 Mexico: North America 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 Sarva Bio Remed, LLC
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 Ecolab Inc.
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 Cosco Shipping Heavy Industry Co., Ltd
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 Regenesis
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 TOLSA SA
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 CL Solutions, LLC
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 Oil Spill Eater International Corp
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 Osprey Spill Control
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
11.12 NOV Inc
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Products and Services
11.12.4 Financial Overview
11.12.5 SWOT Analysis
11.12.6 Key Developments
11.13 Cura Inc
11.13.1 Key Facts
11.13.2 Business Description
11.13.3 Products and Services
11.13.4 Financial Overview
11.13.5 SWOT Analysis
11.13.6 Key Developments
11.14 Compania Espanola de Petroleos SA
11.14.1 Key Facts
11.14.2 Business Description
11.14.3 Products and Services
11.14.4 Financial Overview
11.14.5 SWOT Analysis
11.14.6 Key Developments
11.15 SkimOIL LLC
11.15.1 Key Facts
11.15.2 Business Description
11.15.3 Products and Services
11.15.4 Financial Overview
11.15.5 SWOT Analysis
11.15.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. North America Oil Pollution Remediation Materials Market Segmentation
Table 2. North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Table 3. North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 4. North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Country
Table 5. US: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 6. Canada: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
Table 7. Mexico: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million) - by Type
List of Figures
Figure 1. North America Oil Pollution Remediation Materials Market Segmentation, by Country
Figure 2. North America Oil Pollution Remediation Materials Market - Porter's Analysis
Figure 3. Ecosystem: Oil Pollution Remediation Materials Market
Figure 4. North America Oil Pollution Remediation Materials Market - Key Market Dynamics
Figure 5. Crude Oil Production (Million Barrels per Day) in the US
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. North America Oil Pollution Remediation Materials Market Revenue (US$ Million), 2020-2030
Figure 8. North America Oil Pollution Remediation Materials Market Share (%) - by Type (2022 and 2030)
Figure 9. Physical Remediation: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Booms: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Skimmers: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Adsorbent Materials: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Chemical Remediation: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Dispersants: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Solidifiers: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Thermal Remediation: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Bioremediation: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. North America Oil Pollution Remediation Materials Market, By Key Country - Revenue (2022) (US$ Million)
Figure 19. North America Oil Pollution Remediation Materials Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. US: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Canada: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Mexico: North America Oil Pollution Remediation Materials Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. Heat Map Analysis by Key Players
Figure 24. Company Positioning & Concentration
1. Ansell Ltd
2. Brady Corp
3. CL Solutions LLC
4. Compania Espanola de Petroleos SA
5. Cosco Shipping Heavy Industry Co., Ltd
6. Cura Inc
7. Ecolab Inc
8. NOV Inc
9. Oil Spill Eater International Corp
10. Oil-Dri Corp of America
11. Osprey Spill Control
12. Regenesis
13. Sarva Bio Remed LLC
14. SkimOIL LLC
15. TOLSA SA
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America oil pollution remediation materials market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America oil pollution remediation materials market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America oil pollution remediation materials market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.