Global Zeolite Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global zeolite market in its upcoming report titled, “Global Zeolite Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global zeolite market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The zeolite market report has been segmented on the basis of product, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Zeolites are hydrated aluminosilicate minerals made from interlinked tetrahedra of alumina (AlO4) and silica (SiO4).  Some of the uses of zeolite include separation of hydrocarbons in petroleum refining, drying of gases and liquids, and pollution control by selective molecular adsorption.

On the basis of application, the synthetic zeolite segment is expected to hold major revenue share in the global zeolite market. Synthetic zeolite is widely used as an absorbent owing to its sieve-like structure. These type of zeolite are used for separation and adsorption across various industries such as detergents, water treatment, and oil & gas.

On the basis of application, the detergent builders segment is estimated to hold major revenue share in the global zeolite market and is expected to maintain its dominance over the forecast period. Growing demand for detergents is anticipated to augment segment growth over the forecast period. Detergent builders are used as a substitute to phosphorous in detergent manufacturing owing to their high efficiency to remove dirt and prevent deposition of the foreign particle.

Europe market is estimated to hold major revenue share in the global zeolite market, in 2017 and is expected to maintain its dominance over the forecast period. The strong presence of detergents and refrigerants in the region coupled with stringent government regulations regarding greenhouse gas emissions are expected to drive Europe zeolite market over the forecast period. Europe accounts for the largest revenue share contribution of the target market, followed by markets in North America, Asia Pacific, Latin America, and the Middle East & Africa respectively. Growing demand for zeolite as a catalyst in the petrochemical industry is anticipated to propel Europe zeolite market over the forecast period.

Market segmentation and key players operating in the global zeolite market:

By product:

• Natural zeolite
• Synthetic zeolite

By application:

• Adsorbents
• Catalysts
• Detergent builders
• Others (Desiccants and Specialty)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• BASF SE
• Tosoh Corporation
• Honeywell International Inc.
• R. Grace & Co.
• Chemiewerk Bad Köstritz GmbH
• Union Showa K.K.
• Anhui Mingmei MinChem Co., Ltd.
• Arkema Group
• Interra Global Corporation
• National Aluminium Company Limited (NALCO)