China Absorbents Market - Forecast(2024 - 2030)

Report Code: CMR 1273 Report Format: PDF + Excel

China Absorbents Market Overview

The China Absorbents Market size is estimated to reach US$1.2 billion by 2027 after growing at a CAGR of around 6.0% from 2022 to 2027. Absorbents are materials capable of retaining a liquid within its molecular fabric or boundaries and are used to reduce the amount of moisture on or around a corrosion-prone surface. Such materials consist of chemical compounds like carbon fibres, zeolites or lithium zirconate. In major economy like China, absorbents form high applicability in sectors like oil & gas sector, automotive, food, textile and wood sector. Factors like an increase in automotive production, growing production of meat and poultry items and growing exports of clothing & apparels items are driving the growth of China absorbent market. However, the environmental regulation of China regarding to specialty chemicals can limit productivity of chemical sector of the country, which in return can limit the usage of absorbents in chemical sector of China. This can hamper the growth of China Absorbents industry.

COVID-19 Impact

COVID-19 disrupted the industrial activities of major sectors like automotive, food and textile, as lockdown was implemented in order to curb the effect of the virus. The shutdown resulted in lack of availability of raw materials and labors which decreased output level of these sectors. For instance, according to International Organization of Motor Vehicle Manufacturer, in 2020, passenger vehicle production was 19.9 million units in comparison to 21.3 million produced in 2019, showing 6.5% decrease. Also, according to report by Food and Agriculture Organization, in 2020, pig meat production in China fell by 3.3% to 42 million tonnes. Further, according to National Bureau of Statistics, in 2020, the number of garments produced by Chinese textile firms decreased by 7.7%. Absorbents pads or rolls are used in automotive sector to absorb motor oil leaks, in food sector they are used to preserve food ingredients like meat from drying and in textile sector they are used to absorb excess moisture from fibre during manufacturing. The decrease in output of automotive, food and textile sector, reduced the usage of absorbents in them, which negatively impacted the growth of China Absorbents industry.

Report Coverage

The “China Absorbents Market Report – Forecast (2022 – 2027)”, by IndustryARC covers an in-depth analysis of the following segments of the China Absorbents industry.

By Type – Universal, Specialty Absorbents, Oil absorbents, Booms & Skimmers, Absorbents Pillows & Pads, Absorbents Socks, Reusable, and Others
By Material – Towels (Paper, and Cloth), Sponges, Sorbent, and Others
By End Use Industry – Food Industry, Pharmaceuticals, Textile Industry, Oil & Gas Industry, Automotive (Passenger Vehicles, Commercial Vehicles, and Others), Chemical Industry, Wood Industry, and Others

Key Takeaways

  • China is the largest producer of automotive and the rapid increase in the production capacity of its automotive sector will create a greater usage of absorbents in the sector where they are used to check oil leakage.
  • China being the major furniture producer in the world, has high absorbents usage in the wood sector where they are used to maintain moisture level in wood products like furniture so as to maintain their quality.
  • The growing of meat and poultry items in China will provide growth opportunity to China Absorbents industry, as absorbents are used in food items like meat and poultry where they maintain the original appearance and flavor of the product.

Figure: China Absorbents Market Revenue, by End use Industry, 2021 (%)


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China Absorbents Market Segment Analysis – By Type

Universal absorbent accounted for approximately 22% of China Absorbents Market share in 2021. The universal absorbents are multipurpose that include handling of solvents, water, oil and other liquids. Hence, they are used in various sectors like textile and automotive as pads, rolls and mats. Growing demand for textile items and an increase in passenger vehicles production has positively impacted usage of absorbents in China. For instance, according to International Organization of Motor Vehicle Manufacturer, in 2021, passenger vehicles production in China was 21.4 million units compared to 19.9 million units made in 2020, showing 7% increase. Further, according to Ministry of Industry and Information Technology, from January to September 2021, the combined operating revenue of 12,557 major Chinese garment companies was US$163.9 billion, showing 9% increase. Increase in production of passenger vehicles and textiles on account of high consumption will create more usage of absorbent consisting of carbon fibres or zeolites. This will have positive impact on the growth of China absorbents industry.

China Absorbent Market Segment Analysis – By Material 

Sponges accounted for approximately 40% of China Absorbents Market share in 2021. Sponges are materials that has high absorption properties and it can retain liquid distributed throughout its molecular structure. Hence, such absorbent material has high applicability in sectors such as wood sector and textile sector where it is used to absorb excess moisture during manufacturing of wood and textile products. The rapid growth in sales of furniture and textile items will positively impact the demand for sponge absorbents. For instance, according to National Bureau of Statistics, in October 2021, furniture sales increased in China by 2.4% in comparison to 2020. Further, according to Ministry of Industry and Information Technology, in 2021, textile industry in China witnessed strong expansion with total operating revenue of textile firms showing 12.3% increase on account increase in textile consumption. The growing consumption of wood furniture and textile items will increase the production level of wood and textile sector, resulting in more usage of sponge absorbents in them to maintain moisture level. This will positively impact the growth of China absorbents industry.

China Absorbents Market Segment Analysis – By End Use Industry

Chemical industry accounted for approximately 25% of China Absorbents Market share in 2021. Absorbent products containing active carbon fibres and lithium zirconate, are used in the absorbing of accidentally spilled chemicals or during their transportation and also, they are used to remove excess moisture from raw chemicals like sand, salt, and alumina used in various manufacturing processes. China is considered as world’s largest chemical market and the continuous increase in its chemical output will positively impact the demand of absorbents in it. For instance, according to European Chemical Industry Council, from January to September 2021, output in the chemicals sector in China increased by 11.5% compared to the previous year’s level. The growing output level will lead to more usage of absorbents in the chemical sector in China, which will have positive impact on the growth of China absorbents industry.

China Absorbents Market Drivers

Increase in Production of Meat Items

Absorbents are used to preserve food ingredients like meat from drying out during storage or transportation while keeping the original flavor and appearance of the product. China is the largest producer of certain meat items like poultry meat, bovine meat and ovine meat and major production of such meat items is used for domestic purposes. The rapid increase in China’s population has increased the demand and consumption of meat items. According to report by Food and Agriculture Organization, in 2020, China’s poultry meat production increased by 5.3%, bovine meat by 1% and ovine meat by 1% in comparison to 2019. Such an increase in meat production of China will increase the usage of absorbents containing carbon fibres and zeolites for preserving the taste and flavor of meat during storage and transportation. This will boost the growth of China absorbents industry.

Growing Exports of Textile Items

In textile sector, absorbents are used during the manufacturing process textile products for absorbing excess moisture from fibres, so as to prolong the quality and durability of the products. China is considered as the largest textile producer and with growing demand of Chinese textile products in oversea market, the exports of the Chinese textile products have also increased. For instance, according to Ministry of Industry and Information Technology, in first ten months of 2021, China’s garments and textile exports increased by 5% while the export of clothing products increased by 25.2%. Such growing exports of Chinese textiles will increase the production level of textile sector of China, resulting in more usage of absorbents containing zeolites and lithium zirconate for excessive moisture absorption from textile fibres. This will provide a major boost to the growth of the China absorbents industry.

China Absorbents Market Challenge

Environment Regulation on Chemicals Usage

The chemical sector in China has undergone a massive expansion over the past couple of years, on account of the growing usage of specialty chemicals in China. However, considering the drastic impact that chemical production has on the environment, certain laws and regulations have been passed by the Chinese government in order to protect the environment from ill effects. For instance, the Yangtze River Protection Law which went into effect in March 2021 aims to clean up chemical factories within 1 km from the river, thereby offering important new protections to the largest river basin in China. Such law will impact the production level of chemical sector as it aims to shutdown factories with repeated safety and environmental violations and prohibiting the construction of new factories. This decrease in production level of chemical sector on account of such laws will reduce the usage of absorbents in the chemical sector, which will negatively impact the growth of China absorbents industry.

China Absorbents Industry Outlook

The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. The China absorbents top 10 companies include:

  1. Xinghua Yongxin Absorbent Cotton Co. Ltd
  2. Deyuan Marine Co. Ltd.
  3. Suzhou Hopetopway New Material Co. Ltd
  4. Qingdao SOCO New Material Co., Ltd.
  5. Pingxiang Global New Materials Technology Co. Ltd
  6. Chinafloc
  7. Shandong Welldone Environmental New Materials Co. Ltd
  8. Demi Chemical Co Ltd
  9. Chemole Aquasorbent technology Co. Ltd
  10. Shanghai Deborn Co. Ltd

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1. China Absorbents Market- Market Overview
    1.1 Definitions and Scope
2. China Absorbents Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Material
    2.3 Key Trends by End Use Industry
3. China Absorbents Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. China Absorbents Market - Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. China Absorbents Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. China Absorbents Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. China Absorbents Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. China Absorbents Market – By Type (Market Size -US$ Million/Billion)
    8.1 Universal
    8.2 Specialty Absorbents
    8.3 Oil Absorbents
    8.4 Booms & Skimmers
    8.5 Absorbent Pillows and Pads
    8.6 Absorbent Socks
    8.7 Reusable
    8.8  Others
9. China Absorbents Market – By Material (Market Size – US$ Million/ Billion)
    9.1 Towels
        9.1.1 Paper
        9.1.2 Cloth
    9.2 Sponges
    9.3 Sorbent
    9.4 Others
10. China Absorbents Market - By End Use Industry (Market Size -US$ Million/Billion)
    10.1 Food Industry
    10.2 Pharmaceuticals
    10.3 Textile Industry
    10.4 Oil & Gas Industry
    10.5 Automotive
        10.5.1  Passenger Vehicles
        10.5.2  Commercial Vehicles
        10.5.3  Others
    10.6 Chemical Industry
    10.7 Wood Industry
    10.8 Others
11. China Absorbents Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. China Absorbents Market – Industry/Competition Segment Analysis Premium 
    12.1 Company Benchmarking Matrix – Major Companies
    12.2 Market Share at Global Level - Major companies
    12.3 Market Share by Key Region - Major companies
    12.4 Market Share by Key Country - Major companies
    12.5 Market Share by Key Application - Major companies
    12.6 Market Share by Key Product Type/Product category - Major companies
13. China Absorbents Market – Key Company List by Country Premium Premium 
14. China Absorbents Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best effort basis for private companies*"