Zeolites Market is expected to grow at a CAGR of 2.75% during the forecasting period 2019-2026

Market Overview

Zeolites are a huge group of natural and synthetic hydrated aluminum silicates. Zeolites have a larger range of properties and wider cavities compared to natural zeolites. Synthetic zeolite production depends on the composition of the raw materials and the conditions of the reaction such as water pressure, acidity, and temperature. Very frequently known Zeolites include zeolite A, which is used significantly in laundry detergents. Zeolites X and Y are used for catalytic cracking.

The Global Zeolites Market was valued at USD 11,838.16 million in 2020 and is forecasted to reach USD 14,645.07 million by 2028, with a CAGR of 2.75% during the forecast period (2022-2029)

The global synthetic zeolite market is driven by several factors. One of the key drivers in this market is the growing demand from laundry detergents. Government initiatives to restrict the use of phosphates in detergents is driving the synthetic zeolite market. 

Market Dynamics

Drivers

• Increasing Use of Zeolites in Refrigeration Systems
• Growing Demand from Laundry Detergents 
• Increased Use of Zeolites in Agriculture and Construction Sectors
• Synthetic Zeolites Aid in Environmental Protection

Restraints

• High Production Costs
• Logistic Constraints Resulting in Increasing Transportation Costs
• Restricted Growth Opportunities for Laundry Detergents in North America and Europe

Market Segmentation

Hydrous aluminosilicate minerals with a permeable structure and various physicochemical properties are known as natural zeolites. Natural zeolites exhibit properties including cation exchange, catalysis, sorption and molecular sieving, among others. Natural zeolites are highly prominent in various applications owing to their natural and abundant occurrence across the world. Water & wastewater treatment industry largely employs the natural zeolites and a lucrative growth is anticipated in the market in the upcoming years.

The natural zeolites market was valued at USD 269.83 million in 2022 and the market is estimated to grow at a CAGR of 1.16% in the forecast period to reach a market value of USD 295.11 million by 2029.

The construction industry is one of the major application market for natural zeolites. However, the product is expected to witness rapid growth, in terms of demand, from soil amendment and water purification applications globally. The growing demand for lightweight concrete in construction industry is anticipated to propel the use of the natural zeolites. Lightweight concrete is preferred over ordinary concrete owing to many reasons such as improved fire resistance, less thermal expansion, and better sound absorption. Other than concrete, the use of natural zeolites is prevalent in dimension stones, lightweight aggregates, and soil stabilizers under construction materials.

Geographical Analysis

Asia-Pacific is growing at the fastest CAGR of 3.09% during the forecast period (2022-2029).

China is the biggest producer of natural zeolite in the world. In 2016, China was the leading producer of natural zeolites, with production estimated to be in the range of 200,000 to 500,000 tons. The second-ranked producer was the Republic of Korea with 191,000 tons, followed by New Zealand with 80,000 tons, the United States with 73,400 tons. The synthetic zeolites market in APAC will witness fast growth during the forecast period. The market is mainly driven by demand from laundry detergents. Further government restrictions on the use of phosphates in detergents is boosting the growth of the synthetic zeolite market. China and India have high rates of penetration for washing machines; hence, demand for laundry detergents is growing simultaneously. The synthetic zeolite adsorbents market in APAC is showing tremendous growth due to the increased demand from the air separation industry, water treatment, and gas refining. 

China ranks second in the consumption of adsorbents in the world. Further, the demand from adsorbents is spurred from the rising awareness of the environment and protection of human health, as well as government regulations. 

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