The latest report by IMARC Group, titled “Zeolite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on zeolite market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global zeolite market size reached 2.1 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 2.4 Million Tons by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.
What is Zeolite?
Zeolite is a solid crystalline structure that generally occurs naturally or is prepared synthetically. It is usually composed of a three-dimensional network, which creates channels and cages of uniform size and shape, thereby allowing the absorption and exchange of specific molecules and ions. Zeolite provides a large surface area and allows optimal adsorption and catalysis. It is stable at high temperatures, making it useful in catalytic reactions that require high temperatures. Presently, zeolite finds extensive applications in numerous industries, such as water treatment, agriculture, petrochemicals, etc., across the globe. It is also used as a molecular sieve and ion exchanger.
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What are the growth prospects and trends in the zeolite industry?
The increasing concerns among individuals towards the scarcity of drinking water are primarily driving the zeolite market. Additionally, the easy availability of household cleaning materials via offline and online distribution channels is further bolstering the market growth. Besides this, the widespread adoption of zeolites in water treatment applications, owing to their unique properties, such as ion exchange capacity, high surface area, porosity, etc., is acting as another significant growth-inducing factor. Moreover, they assist in separating copper, lead, and zinc from water by exchanging them with other cations, such as calcium and potassium, which is positively influencing the global market. Apart from this, the growing usage of zeolites that are added to livestock feed as a supplement to reduce ammonia levels in animal waste, improve digestion, increase the absorption of nutrients, etc., is also stimulating the market growth. Furthermore, they are gaining extensive traction for enhancing soil quality, which is anticipated to fuel the zeolite market over the forecasted period.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Arkema
- BASF
- Honeywell International
- Tosoh Corporation
- Zeochem
Zeolite Market Segmentation:
Our report has categorized the market based on region, type and application.
Breakup by Type:
- Natural
- Synthetic zeolite
Breakup by Application:
- Detergent
- Catalyst
- Adsorbent
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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