DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Zeolite Market Analysis By Product (Natural Synthetic), Application (Catalysts, Adsorbents, Detergent Builders) And Segment Forecasts To 2022" report to their offering.
The global zeolite market is expected to reach USD 33.80 billion by 2022.
Increasing refinery output at a global level is expected to be a primary factor for product growth. The rising need for non-toxic and hydrophilic adsorbents for waste water treatment and water purification is expected to propel product demand. Furthermore, increasing consumption for gas separation is expected to fuel growth over the forecast period.
Abundant availability of raw materials is expected to be a key driver for zeolite market growth. The raw materials are also used in a host of other applications including paper, electronics, fabrication, and ceramics. This may result in hampering raw material supply for zeolite manufacturing owing to the expansion of the aforementioned industries.
Growing demand for petroleum and petrochemical is expected to result in increased use of catalysts as an important compound required in synthesis. Thus, expansion of the oil & gas sector is expected to result in high catalyst demand which in turn will have a positive impact on the market over the forecast period.
Asia Pacific is expected to witness growth at a CAGR over 3.0% in terms of revenue from 2015 to 2022. Growing need for refrigerants and detergents coupled with increasing product utilization in advanced processing methods in nuclear industry for the removal of nuclear waste is expected to have a positive impact over the forecast period.
- Tosoh Corporation
- Arkema Group
- BASF SE
- Interra Global Corporation
- UOP LLC
- Zeochem AG
- Grace Catalysts Technologies
- Chemiewerk Bad Köstritz GmbH (CWK)
- Tricat Group
- KNT Group
- Zeox Corporation
Anhui Mingmei MinChem
- Union Showa K.K. (USKK)
Dalian Haixin Chemical Industrial
- Yingkou Zhongbao Molecular Sieve
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Industry Outlook
4. Product Outlook
5. Application Outlook
6. Regional Outlook
7. Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/24sj47/zeolite_market