The Global Synthetic Zeolites Market is expected to grow at a CAGR of 3.45% during the forecasting period (2019-2026).
Synthetic zeolite is a molecular sieve in powder. It is the optimal solution for the removal of traces of water in coatings, sealants, adhesives or resins.
Also, it is used to transfer data regarding nanoparticles to the naturally visible world. There use primarily incorporates different therapeutic purposes, and they serve as gateways to building a variety of Nano products. Currently, increasing demand for synthetic zeolites catalyst, adsorbent, and detergent builder, is fuelling the need for, a synthetic form of zeolites.
Zeolites are a huge group of natural and synthetic hydrated aluminum silicates. Synthetic 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 synthetic zeolites include zeolite A, which is used significantly in laundry detergents. Zeolites X and Y are used for catalytic cracking.
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. Despite the presence of several drivers, the growth of the global synthetic zeolite market is hindered by some serious challenges. One of the serious challenges faced by this market is the production costs of synthetic zeolites. Another challenge is the logistics constraints resulting in increased transportation costs.
The largest-volume use for synthetic zeolites is in-home laundry and detergent powders. The purpose of detergent zeolites is mature and has shown a declining trend. The decline is due to the increased efficiency of the zeolite builders, competition from other builders, owing to less use of synthetic zeolite. Thus, the synthetic zeolite is estimated may have significant impacts on the detergent powders and in-home laundry.
There is an increased demand for agriculture and soil remediation. Synthetic zeolites are used predominantly in fertilizers as they have the capacity to retain nutrients in the soil and are released gradually over a period of time. Because of their high porosity, synthetic zeolites can store larger amounts of water. Hence, synthetic zeolites have the ability to maintain water levels in the soil by hydrating and rehydrating, which prevents soil drying during drought and times of water deficit. The chief reasons behind the preference for synthetic zeolites over natural zeolites are, with the help of chemical properties and pore sizes, they can be engineered and will possess greater hydrothermal stability. In the construction industry, they are mainly used as additives in the process of mixing asphalt concrete as they help in lowering the temperature during the manufacturing and laying of asphalt. This helps to reduce the consumption of fossil fuels and minimize the discharge of CO2 and aerosols.
Synthetic zeolites and water are used in new refrigeration systems instead of cooling gases. Synthetic zeolites are used because they have a mineral that can absorb water vapor while emitting heat at the same time. The new system is environmentally friendly and economically feasible. Zeolite granulates are non-poisonous, naturally available, and non-inflammable; hence, they are compatible with the environment. The use of CO2 is completely eliminated because the use of refrigeration gases is completely nil. The system is energy-efficient because it consumes less electricity for cooling. The life cycle of zeolites is long; hence, they have low repair costs because they are natural rather than mechanical.
Synthetic Zeolites are classified by the application as Catalysts, Detergents, Adsorbents, and others (Includes dietary supplements, wound care, silver zeolite, etc.).
Among all segments, the Adsorbent application is expected to expand at the fastest rate globally owing to high demand in several end-use industries including automotive and petrochemical processing.
Detergent grade zeolites are the cheapest, while zeolites used as catalysts and molecular sieve adsorbents are priced considerably higher than others.
The properties of synthetic zeolites influencing the same are low toxicity, high chemical stability and minimal damage to fibers. These properties are estimated to be a significant factor for the global synthetic zeolites market growth.
Geographically, the global synthetic zeolites market has been segmented into North America, Europe, Asia Pacific, Middle East, and Africa.
Amongst all the regions, Asia-Pacific accounts for the highest demand for zeolite, followed by Europe and North America. Moreover, synthetic zeolites are extensively used as catalysts for the FCC process in petrochemical refineries, especially in North America.
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
However, the usage of zeolitic molecular sieves as adsorbents is estimated to be the fastest-growing application segment due to its application in numerous end-use industries including petrochemical, manufacturing and automotive.
The global synthetic zeolite market is highly fragmented with many regional companies competing for a larger market share. Most established chemical manufacturing companies are involved in the production of superior grade synthetic zeolite for adsorbents and catalysts applications. Significant companies dominating the market include Clariant, BASF SE, Integra Global, Honeywell International Inc., Zeolyst International Inc., W. R. Grace & Co.-Conn., KNT Group, Fujian Risheng Chemical Co. Ltd., Anten Chemical Co. Ltd., and Dalian Haixin Chemical Industrial Co. Ltd.
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