DUBLIN--(BUSINESS WIRE)--The "Global Zeolite Molecular Sieves Market - Segmented by Raw Material, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global zeolite molecular sieves market is expected grow at a significant rate during the forecast period, majorly driven by the rising awareness for treatment of hazardous organic materials in wastewater.
Synthetic zeolites are majorly used in detergent builders. Manufacturing zeolites is less complex and also the initial investments are low. The major end-user applications include air purification, water treatment, petroleum refining, etc. Synthetic zeolites are key ingredients for catalysts production. The volatility in crude oil quality and increasing air pollution regulations & standards are expected to increase the market for synthetic zeolites for manufacturing FCC catalysts.
The United States is one of the major global markets for zeolite molecular sieves, after China. The FDA, also known as the US Food and Drug Administration, has cleared the path for the use of sieves in consumable items. This is expected to boost the use of sieves in the food & drug industry as well. Zeolite molecular sieves in the United States are used as surfactants, interfacing agents, adsorbents, and for filtration purposes. It is also used as small air filters to adsorb harmful gases, which reduce allergy problems.
- April 2017: BASF had announced to invest in third plant for specialty zeolites used for the production of mobile emissions catalysts. The production is expected to begin in 2019 doubling BASF's global specialty zeolites production capacity. It also allows the automotive and heavy-duty diesel industry to fulfil emissions' regulations, worldwide.
Major Players: Arkema, Tosoh Corp, BASF SE, and W.R. Grace, amongst others.
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
- Calgon Carbon
- Chemiewerk Bad Kstritz
- W.R. Grace
- Hengye Group
- Jiuzhou Chemicals
- KNT Group
- Sorbead India
- Tosoh Corp
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