Increasing Demand in Detergent Industry is Proliferating the Zeolites Market

 Zeolites are microporous, three-dimensional crystalline solids of aluminum silicate. Zeolites have small openings of fixed size in them which allow small molecules to pass through them easily, but larger molecules cannot pass through them; that is why they are sometimes called molecular sieves. In addition, Zeolite is a crystalline solid structure composed of silicon, aluminum, and oxygen. They are microporous, crystalline-hydrated aluminosilicates, obtained by hydrothermal crystallization of aluminosilicate gels. Their porous structure makes them suitable for use in detergents, petrochemistry, nuclear technology, refrigeration technology, concrete, and others.

The Zeolites Market is expected to grow at a steady rate of around 4% owing to the increasing use in the detergent industry coupled with the rising concerns associated with hygiene. Major companies in the market offer zeolites for various applications with technologically advanced features. For instance, Juin ne 2021, Honeywell announced that the company was partnering with the Defence Research Development Organisation (DRDO) and the Council of Scientific and Industrial Research–Indian Institute of Petroleum (CSIR–IIP), Government of India, to supply molecular sieve adsorbents (zeolites) to accelerate setting up of Medical Oxygen Plants (MOP) in the country to address the ongoing pandemic.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31275

 According to UnivDatos Market Insights (UMI)’ research report “Global Zeolites Market”, the market is expected to witness a significant growth of around 4% during the forecast period (2022-2028). This is mainly owing to the increasing use in the detergent industry coupled with the rising concerns associated with hygiene. Major companies in the market offer zeolites for various applications with technologically advanced features. For instance, in June 2021, Honeywell announced that the company was partnering with the Defence Research Development Organisation (DRDO) and the Council of Scientific and Industrial Research–Indian Institute of Petroleum (CSIR–IIP), Government of India, to supply molecular sieve adsorbents (zeolites) to accelerate setting up of Medical Oxygen Plants (MOP) in the country to address the ongoing pandemic.

Based on product type, the market is segmented into natural and synthetic. The natural product type category is expected to witness a higher CAGR during the forecast period owing to its growing usage in construction & building materials, soil remediation, animal feed, wastewater treatment, and many others. In addition, natural zeolites can hold about 50.0% of their weight in liquids without swelling. Due to their excellent absorption capacity, they are added to many pet litter and are also used in soil remediation. It is also used in water treatment applications where ion exchange properties play an important role in radioactive waste treatment from nuclear reactors, gas refining, oil production, and wastewater treatment.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=31275

Based on the function, the market is categorized into ion exchange, molecular sieve, and catalyst. Among these, the catalyst held a significant share of the market in 2020. This is mainly because they are used in hydrocarbon processing and chemical conversion processes. Additionally, the properties that make zeolites versatile catalyst components are the size and shape of the crystallites which are the variables of catalyst design and are determined by the synthesis conditions. Thus, catalyst zeolites offer better usability and performance in the field.

APAC to witness extensive growth

For a better understanding of the market adoption of the zeolites industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the high demand from China, Japan, Indonesia, and India. The growth of the Asia-Pacific zeolite market is attributed to the region's rapid urbanization and ever-changing lifestyles. In addition, the growing demand for automobiles in the region has led to high consumption of petroleum products such as gasoline and diesel, thus increasing the demand for fluid catalytic cracking (FCC) catalysts. Furthermore, zeolites are increasingly used in the production of lightweight building materials and are an important factor in the production of asphalt concrete.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the zeolites market are BASF SE, Honeywell International Inc., Tosoh Corporation, Arkema Group, Zeochem AG, Clariant AG, Zeolyst International, W.R. Grace & Co., KNT Group, Gordes Zeolite.

“Global Zeolites Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.      By Product Type (Natural and Synthetic)

2.      By Function (Ion Exchange, Molecular Sieve, and Catalyst)

3.      By Application (Adsorbents, Catalysts, Detergent Builders, Construction & Building Materials, Animal Feed, Wastewater Treatment, Soil Remediation, and Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (BASF SE, Honeywell International Inc., Tosoh Corporation, Arkema Group, Zeochem AG, Clariant AG, Zeolyst International, W.R. Grace & Co., KNT Group, Gordes Zeolite)

Key questions answered in the study:

1.      What are the current and future trends of the global zeolites industry?

2.      How the industry has been evolving in terms of product type, function, and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global zeolites industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global Zeolites suppliers across various region and countries?