The US Sorbents market reached $3.7B in revenue in 2018, and is projected to be $5.42B by 2026. Earthwise has partnered with NPS Corporation, the largest sorbent manufacturer worldwide, to produce a diverse array of sorbent products, using plastic/fabric (polypropylene) waste and a few of its products from bio-based surfboard foam (polyurethane) waste. Earthwise promotes greater sustainability in the sorbent industry without compromising quality and effectiveness.
Earthwise produces sustainable sorbents, made from recycled and repurposed materials to clean up oil and chemical spills.
Earthwise is targeting up to 1% ($54M) of the projected 2026 US sorbents market within the next 3 years, up to 3% ($162M) within 5 years, 8% ($433M) within 8 years, and 10% ($542M) within 10 years. We have global scalability with our manufacturing partner, being the largest sorbent manufacturer in the world. We will capitalize on our strategic partnerships and network that we have cultivated over the last 3 years to penetrate the market.