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Stock impact report

Global Oil Pollution Remediation Materials Market Projected to Reach US$ 4.74 Billion by 2030 [Yahoo! Finance]

Oil-Dri Corporation Of America (ODC) 
US:NYSE Investor Relations: investors.oildri.com
Company Research Source: Yahoo! Finance
Size and Forecasts, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type [Physical Remediation, Chemical Remediation, Thermal Remediation, and Bioremediation]" report has been added to ResearchAndMarkets.com's offering. In light of escalating offshore oil exploration activities coupled with stringent government regulations, the global market for oil pollution remediation materials is witnessing substantial growth, marked by an expected compound annual growth rate (CAGR) of 3.2% from 2022 to 2030. Experts foresee the market valuation reaching a notable US$ 4.74 billion by the end of the forecast period, up from US$ 3.68 billion in 2022. Market Dynamics The surge in market size is significantly bolstered by the advancements in oil recovery technologies and the pressing need to protect marine ecosystems from disastrous oil spills. The dedication to environmental conservation is evident in the strict regulatory frameworks imposed by governments Show less Read more
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