According to IMARC Group latest report titled ”Zeolite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a volume of around 7 Million Tons in 2020. The global zeolite market to exhibit stable growth during 2021-2026. Zeolites are solid crystalline structures that are also known as molecular sieves. They are primarily produced from silicon, aluminum, and oxygen and have three-dimensional frameworks with pores and channels containing water and other small molecules. Zeolites occur naturally in volcanic rocks whereas synthetically produced from aluminosilicate gels. They find extensive applications across diverse industries, such as pharmaceutical, soap and detergent, agriculture, etc., based on their microporous structure.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global zeolite market is primarily driven by the increasing demand for zeolites in the soap and detergent industry as a softening agent. Furthermore, growing environmental concerns towards the negative impact of phosphate have led to a rising shift towards zeolites across several industries. Moreover, zeolites are widely adopted for enhancing the production of high-quality chemical products and transportation fuels, thereby experiencing high demand in the oil refining and petrochemical industries. All of these above-mentioned factors will continue to catalyze the market for zeolites in the coming years.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- 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 (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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