The report “Zeolites Market by Type (Natural, Synthetic), Function (Ion-Exchange, Catalyst, Molecular Sieve), Synthetic Zeolites Application (Detergents, Absorbent, Catalysts), Natural Zeolites Application, and Region – Global Forecast to 2026” The global zeolites market size is estimated to be USD 12.1 billion in 2021 and is projected to reach USD 14.1 billion by 2026, at a CAGR of 3.1% between 2021 and 2026, owing to an increase in demand of zeolites in detergent industry.
Request a Report Sample to Gain Valuable Insights at www.marketsandmarkets.com/requestsampleNew.asp?id=76442083
By type, synthetic zeolite is the fastest-growing segment during the forecast period of 2021 to 2026.
Growing demand for synthetic zeolites in detergent industry is aiding to the growth of this segment. Synthetic zeolites are synthesized in laboratories using raw materials containing silica and alumina as the main constituents. Other raw materials used to synthesize zeolites include clay, fly ash, rice husk ash, and natural zeolites, amongst others.
By function, the molecular sieve segment is the fastest-growing market during the forecast period.
Zeolites can be used as molecular sieves by mixing the powdered form of zeolites with binders and subjecting the mixture to high pressure to form molecular sieves. Molecular sieves have a microporous structure and, hence, can sieve molecules as well as selectively absorb or separate certain substances. These sieves are widely used in drying, separation, and adsorption applications. Molecular sieves are widely used in drying applications to remove moisture from solvents and produce anhydrous solvents. Molecular sieves are widely used in insulating glass, package protection, pollution & VOC (Volatile Organic Compounds) control, medical, natural gas dehydration, carbon dioxide removal, drying, and hydrogen purification applications.
Asia Pacific is the fastest-growing region in the zeolites market.
Asia Pacific dominated the global zeolites market in 2020. It is majorly due to the increase in demand for zeolites from major countries such as China, Japan, and India. China is the largest market for zeolites market in Asia Pacific. Surging demand for transportation fuels is driving the market for refinery catalysts in the Asia Pacific region.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solutions for Your Business at www.marketsandmarkets.com/speaktoanalystNew.asp?id=76442083
The key market players include Albemarle Corporation (US), BASF SE (Germany), Honeywell International Inc. (US), Clariant (Switzerland), W.R. Grace & Co. (US), TOSOH Corporation (Japan), Union Showa KK, (Japan), Zeochem AG (Switzerland), KNT Group (Russia), Arkema (France), Zeolyst International (US), Huiying Chemical Industry(Xiamen) Co., Ltd. (China), Chemiewerk Bad Köstritz GmbH (Germany), NALCO India (India), and PQ (US). These players have adopted product launches, agreements, expansions, collaborations, acquisitions, divestments, and partnerships as their growth strategies.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441