Zeolite Market Overview
Zeolite Market is estimated to reach at a CAGR of 3.2% during the forecast period (2024-2031).
The Zeolite Market report analyzes the global market shares, size, recent trends, future market outlook, and competitive intelligence. Zeolites are microporous, aluminosilicate minerals that are widely used as catalysts, adsorbents, and ion-exchange agents. The market is driven by the increasing demand for zeolites in various applications, including construction, agriculture, and water treatment, in the Asia Pacific region. Key players in the Zeolite Market include Zeolyst International, Inc., Tosoh Corporation, Clariant AG, and other prominent players operating in the market.
Zeolite has a structure characterized by a framework of linked tetrahedra composed of hydrated aluminosilicate minerals. Each zeolite consists of four oxygen atoms surrounding a silicon or aluminum cation. The three-dimensional network has open cavities in the form of channels and cages, which are occupied by H2O molecules and non-framework cations. The respective channels are big enough to allow the passage of guest ionic and molecular species. The feature allows certain zeolites to exchange non-framework cations with the surrounding solution or to act as molecular sieves, such as clinoptilolite. It can remove carbon dioxide or chabazite from methane in landfills that generate gas and radiogenic strontium from nuclear wastewater.
Market Scope
| Metrics | Details |
| Market CAGR | 3.2% |
| Segments Covered | By Type, By Application, By End-User, and By Region |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
| Fastest Growing Region | Asia Pacific |
| Largest Market Share | Asia Pacific |
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Zeolite Market Dynamics
The increasing awareness regarding environmental issues, such as air and water pollution
The demand for the products, such as adsorbents, is increasing with water management efforts for purification and wastewater treatment. Water pollution is a big problem, so governments have implemented strict laws on waste disposal in manufacturing chemicals and detergents. The increasing awareness of environmental issues, such as air and water pollution, has increased the demand for zeolites to purify water and air.
Stringent regulations and high production cost
Stringent regulations regarding the mining and processing of zeolites can add additional costs and delays to the production process. High costs associated with zeolites' production and the high transportation cost of the heavy and voluminous product may make them less competitive with other materials. Thus, stringent regulations and high production costs of zeolites could restrict the market’s growth.
Zeolite Market Segment Analysis
The global zeolites market is segmented based on type, application, end-user, and region.
Zeolites' widespread use in commercial settings helps the air purification end-user segment to dominate globally
In commercial settings, zeolites are used in air purifiers to remove pollutants and odors in offices, hotels, and hospitals. The use of zeolites in commercial air purifiers is growing as businesses increasingly invest in indoor air quality to enhance employee productivity and comfort. Also, zeolites are used in industrial air purification systems, such as those found in chemical plants, power plants, and oil refineries. These contribute to the air purification end-user segment's dominance in the global zeolites market.
Zeolite Market Geographical Share
The growth of construction, agriculture, and chemical industries in Asia-Pacific
Asia-Pacific led the regional zeolites market throughout the projection period as the economy is shifting from investment to consumption, manufacturing to services, and external to domestic demand. The government intends to enhance the infrastructure in small and medium-sized cities. Thus, it is anticipated that the construction sector will continue to expand. The use of zeolites in construction applications is projected to expand due to the relevant fact. Similarly, Asia-Pacific comprises around 7% of the world's total agricultural land. During the projection period, the market for zeolites is anticipated to grow. Additionally, to fulfill the rising demand for different chemicals and petrochemicals, numerous refineries in the area have planned to enhance their capacity over the next years. The need for zeolites from this industry is anticipated to increase due to the rising demand for different chemicals on a global scale.
Zeolite Market Companies
The major global players include Honeywell International Inc, Arkema Group, BASF SE, Clariant, SHOWA DENKO KK, Tosoh Corporation, W. R. Grace & Co., ZEOCEM AS, Zeolyst International Inc., and Zeomex.
Key Developments
- In June 2021, Honeywell International Inc announced that the company was partnering with the Defence Research Development Organisation (DRDO). The Council of Scientific and Industrial Research–Indian Institute of Petroleum (CSIR–IIP), Government of India, to supply molecular sieve adsorbents (zeolites) to accelerate the setting up of MOP (Medical Oxygen Plants) in the country to address the ongoing pandemic.
- On July 16, 2021, scientists from the University of Leuven, Belgium, and Stanford University discovered a brand-new natural process that uses zeolites to transform hazardous methane into methanol at ambient temperature.
- Zeolite nanotubes were created on January 19, 2022, by scientists at Penn State University, Georgia Institute of Technology, and Stockholm University.
The global zeolites market report would provide approximately 61 tables, 60 figures, and 197 Pages.
