The Zeolite Market is expected to grow at a CAGR of 5% between 2023 and 2030, from USD 13.12 billion in 2022 to USD 19.39 billion in 2030.
Primarily to a rise in zeolites demand in the detergent industry. Its, Normal application is in the development and building materials. Regular zeolites are projected to turn out to be more well known as the interest for lightweight substantial materials fills in the structure business.
Get more information on Zeolite Market - Request Sample Report
Driver
Synthetic zeolites have strong ion-exchange capabilities, making them perfect for removing magnesium, calcium, and other ions from water. Detergent industry previously relied on poly-condensed phosphate builders like Sodium Tripolyphosphate (STPP), but these have been replaced with zeolite 4A due to many environmental regulations. The primary cause for this is growing public knowledge of the damaging effects of phosphate builders used in detergent manufacturing.
Opportunity
By-products of petrochemical reactions, volatile organic compounds (VOCs), are dangerous to human health and the environment. These are found in solvent-based paints, adhesives, sealants, printing inks, and a variety of consumer products, and chemical and petrochemical industries release the most of them. VOC emissions make breathing harder and harm the central nervous system. Formaldehyde, for example, is a VOC that is carcinogenic in nature. The Environmental Protection Agency (EPA) and the Registration, Evaluation, Authorisation, and Restriction of Chemicals (REACH) have developed tight laws to restrict VOC emissions. This is contributing to an increase in the demand for low-VOC products. Non-flammability hydrophobicity and thermal stability, are all characteristics of zeolites, making them effective adsorbents for the elimination of VOCs.
Challenge
Because of their toxicity, some zeolite dust are called nuisance dust. Worries about the harmfulness of zeolites utilized in private consideration items have been raised. In any event, breathing in these residue particles accidentally raises security and well-being chances. If inhaled, zeolites are a complicated set of silicates that can induce lung illness. When utilized as impetuses, engineered zeolites are inclined to stop up, which can prompt poisonousness. Subsequently, harmfulness is a huge downside in the utilization of produced zeolites.
The COVID-19 epidemic had a profound impact on zeolites and their raw materials manufactured. In the year 2020, global zeolite output decreased. This is owing to a scarcity of raw materials and manpower, as well as government-mandated facility closures in 2020. Since February 2020, there has been a severe disturbance in the zeolite manufacturing industry's supply chain, and production has begun to decline. The COVID-19 pandemic, on the other hand, began to have a significant impact in the second quarter of 2020. Several zeolite manufacturers have experienced procurement challenges as a result of supply chain disruptions. Zeolite producers who rely on Chinese raw material suppliers have faced severe logistical difficulties. As a result of these reasons, the top zeolite players' manufacturing capabilities decreased in 2020.
By Type
Natural
Synthetic
By Function
Ion-Exchange
Molecular Sieve
Catalyst
By Application
Synthetic zeolites
Detergents
Absorbent/Desiccant
Catalysts
Others
Natural zeolites
Construction & Building Materials
Animal Feed
Wastewater Treatment
Soil Remediation
Others
By Framework
Linde Type A
Faujasite
MFI
By Pore Size:
3A – 7A
7A – 10A
Get Customized Report as per your Business Requirement - Request For Customized Report
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Key Players are Albemarle Corporation, BASF SE, Honeywell International Inc., Clariant, W.R. Grace & Co., TOSOH Corporation, Union Showa KK, Zeochem AG, KNT Group, Arkema, Zeolyst International, Huiying Chemical Industry(Xiamen) Co., Ltd., Chemiewerk Bad Köstritz GmbH, NALCO India, and & Other Players.
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 13.12 Billion |
Market Size by 2030 | US$ 19.39 Billion |
CAGR | CAGR of 5% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Natural, Synthetic) • By Function (Ion-Exchange, Molecular Sieve, Catalyst) • By Application (Detergents, Absorbent/Desiccant, Catalysts, Others) • By Application (Construction & Building Materials, Animal Feed, Wastewater Treatment, Soil Remediation, Others) • By Framework (Linde Type A, Faujasite, MFI) • By Pore Size (3A – 7A, 7A – 13A) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Zeolyst International, Albemarle Corporation, Chemiewerk Bad Köstritz GmbH, Honeywell International Inc., Union Showa KK,, Clariant, R. Grace & Co., TOSOH Corporation, Zeochem AG, Huiying Chemical Industry(Xiamen) Co., Ltd., NBASF SE, ALCO India, and PQ., Arkema, KNT Group |
DRIVERS | • Getting more nuclear power • Animal feed is growing. • The detergent industry is making more and more use of synthetic zeolites. |
Opportunity | • Rising demand for adsorbents to drive market growth |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Ion-Exchange, Molecular Sieve and Catalyst are the sub-segments of by function segment.
Ans: The COVID-19 epidemic had a profound impact on zeolites and their raw materials manufacture. In the year 2020, global zeolite output decreased. This is owing to a scarcity of raw materials and manpower, as well as government-mandated facility closures in 2020. Since February 2020, there has been a severe disturbance in the zeolite manufacturing industry's supply chain, and production has begun to decline. The COVID-19 pandemic, on the other hand, began to have a significant impact in the second quarter of 2020. Several zeolite manufacturers have experienced procurement challenges as a result of supply chain disruptions.
Ans: Yes
Ans: Albemarle Corporation (US), Honeywell International Inc. (US), W.R. Grace & Co. (US), Zeolyst International (US), PQ (US) are the key players in the US for the Global Zeolite Market.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Zeolite Market Segmentation, By Type
8.1 Natural
8.2 Synthetic
9. Global Zeolite Market Segmentation, By Function
9.1 Ion-Exchange
9.2 Molecular Sieve
9.3 Catalyst
10. Global Zeolite Market Segmentation, By Application
10.1 Detergents
10.2 Absorbent/Desiccant
10.3 Catalysts
10.4 Others
11. Global Zeolite Market Segmentation, By Framework
11.1 Linde Type A
11.2 Faujasite
11.3 MFI
12. Global Zeolite Market Segmentation, By Pore Size
12.1 3A – 7A
12.2 7A – 10A
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company Profiles
14.1 Albemarle Corporation
14.1.1 Financial
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 BASF SE
14.3 Honeywell International Inc.
14.4 Clariant
14.5 W.R. Grace & Co.
14.6 TOSOH Corporation
14.7 Union Showa KK,
14.8 Zeochem AG
14.9 KNT Group (Russia)
14.10 Arkema
14.11 Zeolyst International
14.12 Huiying Chemical Industry (Xiamen) Co.
14.12 Chemiewerk Bad Köstritz GmbH
14.13 NALCO India (India)
14.14 PQ
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Active Ingredients Market size was valued at USD 3.85 billion in 2023 and is expected to reach USD 5.86 billion by 2031 and grow at a CAGR of 5.4% over the forecast period 2024-2031.
The Synthetic Leather Market is estimated to grow from USD 36.17 billion in 2022 to USD 59.42 billion by 2030. It occupies a CAGR of 6.4% during the forecast period 2023-2030.
The Packaging Barrier Films Market is expected to grow at a CAGR of 5.3% from USD 33.81 billion in 2022 to USD 51.10 billion by 2030.
The Mussel Oil Market Size was valued at USD 41.69 billion in 2022 and is expected to reach USD 63.03 billion by 2030 and grow at a CAGR of 5.3 % over the forecast period 2023-2030.
The Thermal Barrier Coatings Market size was valued at USD 16.7 billion in 2022. It is estimated to hit USD 24.48 billion by 2030 and grow at a CAGR of 4.9% over the forecast period of 2023-2030.
The Air Handling Units Market size was valued at USD 13.16 billion in 2023 and is expected to reach USD 21.62 billion by 2031 and grow at a CAGR of 6.4% over the forecast period 2024-2031.
Hi! Click one of our member below to chat on Phone