Global Zeolite Market to Grow $4.50 bn, Globally by 2020: Analysis of Key Players

Press release   •   Jul 26, 2017 01:34 EDT

Zion Market Research has published a new report titled “Zeolite (Natural and Synthetic) Market for Catalysts, Adsorbents, Detergent Builders and Other Applications – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global zeolite market was valued at around USD 3.50 billion in 2014 and is expected to reach USD 4.50 billion in 2020, growing at a CAGR of around 3.5% between 2015 and 2020. In terms of volume, the global zeolite market stood at above 3,000 kilo tons in 2014.

Zeolite is a crystalline, microporous aluminosilicate. Zeolites are a group of hydrated aluminosilicates of alkali or alkaline earth metals, generally of three-dimensional crystalline frameworks of tetrahedral structures like lithium, barium, sodium, potassium, calcium, and magnesium. Zeolite occurs naturally from volcanic rocks and ash layers react with alkaline groundwater. It can be produced industrially on a large scale using raw materials such as alumina, silica and sodium hydroxide. Zeolite found a wide range of applications in a host of industries including, water treatment, refinery, nuclear, biogas, detergents, construction, medical, agriculture, etc.

Request For Free Sample Report:

Detergents are one of the largest application markets for zeolite. Strong demand for zeolites is mainly stemmed from detergents industry. Zeolites market is also expected to be fueled by rapid growth in demand as a solar thermal collectors and refrigeration adsorbents. Strong growth in refinery industry is also expected to have a positive impact on the growth of zeolites industry. However, development of a potential substitute for zeolite to be used as a catalyst in refinery industry is expected to be a major setback for this industry.

Key product segments of the zeolites include natural and synthetic. Global zeolite market was dominated by natural zeolites owing to strong demand for applications such as catalyst, adsorbent, detergent, etc. Natural zeolite accounted for over 60% share of the total zeolite volume consumed in 2014. Synthetic zeolite is expected to be the fastest growing segment of zeolite market during the forecast period. This can be attributed to the rapidly growing demand for synthetic zeolite as a catalyst, adsorbent and detergent builder.

Request For Free Price Quotation:

Zeolites are widely used in vast range of applications. Some of the major application markets for zeolites include catalysts, adsorbents, detergent builders, etc. The detergent builder was the largest application market for zeolites in 2014, which accounted for over 50% share of the global volume consumption in 2014. The catalyst was the second largest application segment of zeolite market. However, adsorbent is expected to be one of the fastest growing application markets for zeolite.

Know more before buying this report:

Zeolite market was dominated by Europe with significant share in total volume consumed in 2014. Europe was followed by Asia Pacific with over 25% share in total volume consumed in 2014. Strong demand for zeolites in Europe can be attributed to increasing use of zeolites in water treatment and utilization in the disposal of nuclear waste. Asia Pacific is expected to witness the significant growth of zeolite market due to the large demand from emerging countries like China, India for waste water treatment.

Browse the full report at:

Global zeolite market is highly competitive, with the presence of well-established global market participants. Tosoh Corporation, Arkema Group, BASF SE, Interra Global Corporation, UOP LLC, Zeochem AG, Grace Catalysts Technologies, Chemiewerk Bad Köstritz GmbH (CWK), Tricat Group, KNT Group, Zeox Corporation, Anhui Mingmei MinChem Co., Ltd, Union Showa K.K. (USKK), Dalian Haixin Chemical Industrial Co., Ltd, Yingkou Zhongbao Molecular Sieve Co., Ltd, Clariant are some of the key vendors in the market.

Contact Us:

Joel John
3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.