Growing consumption of synthetic zeolites, due to usage of the product for separation and adsorption of unwanted substances including in detergents, water treatment, and in oil & gas industry is a key factor driving market revenue growth.
Market Size - USD 5,466.6 Million in 2020, Market Growth - CAGR of 2.2%, Market Trends - Increasing focus on product enhancement and expansion of product portfolio by major manufacturers.
The global synthetic zeolites market size is expected to reach USD 6,520.2 Million in 2028, and register a CAGR of 2.2% during the forecast period. Increasing demand for synthetic materials of catalysts used in the process of hydrocracking and catalytic cracking is expected to drive market growth in the upcoming years.
Zeolites are known to treat autism, cancer, diarrhea, herpes, hangover, maintain pH balance, and remove unwanted metals from the body, and this coupled with rising prevalence of cancer, autism, diarrhea, etc. are other major factors expected to drive growth of the global synthetic zeolites market.
Availability of natural and bio zeolites as substitutes could hamper growth of the synthetic zeolites market to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global synthetic zeolites market has been segmented on the basis of product type, application, industry vertical, and region:
Product Type Outlook
Application Outlook
Industry Vertical Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 5,466.6 Million in 2020, Market Growth - CAGR of 2.2%, Market Trends - Increasing focus on product enhancement and expansion of product portfolio by major manufacturers.
The global synthetic zeolites market size is expected to reach USD 6,520.2 Million in 2028, and register a CAGR of 2.2% during the forecast period. Increasing demand for synthetic materials of catalysts used in the process of hydrocracking and catalytic cracking is expected to drive market growth in the upcoming years.
Zeolites are known to treat autism, cancer, diarrhea, herpes, hangover, maintain pH balance, and remove unwanted metals from the body, and this coupled with rising prevalence of cancer, autism, diarrhea, etc. are other major factors expected to drive growth of the global synthetic zeolites market.
Availability of natural and bio zeolites as substitutes could hamper growth of the synthetic zeolites market to some extent.
Some Key Findings From the Report:
- Among the product type segments, the mordenite segment accounted for the largest revenue share in 2020. The Linde Type X segment is expected to register a robust revenue CAGR during the forecast period.
- Among the application segments, the detergent builder segment accounted for major revenue share in 2020. The fluid catalytic cracking segment accounted for the second-largest revenue share in 2020.
- The adsorbents segment is projected to register the highest CAGR in the global market during the forecast period. This can be attributable to increasing number of environmental projects including lowering of Volatile Organic Compounds (VOCs) emissions.
- The Asia Pacific market accounted for the largest revenue share in 2020, and is expected to continue with its dominance over the forecast period. Europe market is expected to register a robust revenue CAGR during the forecast period. North America market accounted for substantially-high revenue share in 2020, due to presence of various major manufacturers in this region, coupled with increasing investments for R&D.
- Companies profiled in the market report include BASF SE, Honeywell International Inc., Albemarle Corporation, Zeochem AG, Arkema SA, Clariant AG, W. R. Grace & Co., Knt Group, Zeolyst International, and Tosoh Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global synthetic zeolites market has been segmented on the basis of product type, application, industry vertical, and region:
Product Type Outlook
- Mordenite
- Ferrierite
- Linde Type A
- Linde Type X
- Linde Type Y
- Linde Type B
- ZSM-5
- Others
Application Outlook
- Detergent Builder
- Adsorbent
- Fluid Catalytic Cracking
- Others
Industry Vertical Outlook
- Consumer Products
- Petrochemical
- Construction
- Agriculture
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Synthetic Zeolites Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Synthetic Zeolites Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Synthetic Zeolites Segmentation & Impact Analysis
Chapter 5. Synthetic Zeolites Market By Product Type Insights & Trends
Chapter 6. Synthetic Zeolites Market By Application Insights & Trends
Chapter 7. Synthetic Zeolites Market By Industry Vertical Insights & Trends
Chapter 8. Synthetic Zeolites Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- BASF SE
- Honeywell International Inc.
- Albemarle Corporation
- Zeochem AG
- Arkema SA
- Clariant AG
- W. R. Grace & Co.
- Knt Group
- Zeolyst International
- Tosoh Corporation
