DUBLIN--(BUSINESS WIRE)--The "Zeolite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global zeolite market reached a value of US$ 3.6 Billion in 2018.
Zeolites are solid minerals composed of aluminium, silicon and oxygen which form a framework of cavities in between that can hold water or other small molecules. This three-dimensional crystalline structure is also known as molecular sieve due to the gaps in it. Zeolites are either mined from the volcanic rocks or synthesized industrially on a large scale from aluminosilicate gels. These microporous compounds have a wide range of applications in industries such as refinery, biogas, construction, detergents, agriculture, medical, nuclear, etc.
Zeolites are largely used in the production of laundry detergents as substitutes for phosphates on account of their water softening properties. Restriction on the usage of phosphates due to environmental concerns has stimulated the demand for zeolites. This has further been supported by a rising demand for detergents in the emerging regions.
Further, zeolites are extensively used as catalysts and adsorbents in the oil refining and petrochemical industry. This can be attributed to their stability, cleansing ability and superior activity which help in the production of high quality transportation fuels and chemical products. A surging demand for fuels and chemical products worldwide coupled with a growing emphasis by the governments to use cleaner fuels has further enhanced the market growth.
The report has segmented the global zeolite market on the basis of type, covering natural and synthetic zeolites. The market is further analysed on the basis of applications which include detergent, catalyst, adsorbent and others. Amongst these, detergent represents the largest segment. Region-wise, Europe is the leading market, accounting for the majority of the market share.
Other major regions are Asia-Pacific, North America Middle East & Africa and Latin America. Some of the key players operating in the market include Arkema, BASF, Honeywell International, Tosoh Corporation and Zeochem.
Owing to these factors, the market is expected to reach a value of US$ 4.9 Billion by 2024, exhibiting a CAGR of 5.3% during 2019-2024.
Key Questions Answered in This Report:
- How has the global zeolite market performed so far and how will it perform in the coming years?
- What are the key regions in the global zeolite market?
- Which are the popular product types in the global zeolite market?
- What are the key application segments in the global zeolite market?
- What are the price trends of zeolites?
- What are the various stages in the value chain of the global zeolite market?
- What are the key driving factors and challenges in the global zeolite market?
- What are the import and export trends of the global zeolite market?
- What is the structure of the global zeolite market and who are the key players?
- What is the degree of competition in the global zeolite market?
- How are zeolite manufactured?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.3 Key Industry Trends
5 Global Zeolite Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.9 Porters Five Forces Analysis
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Key Price Indicators
5.10.2 Price Structure
5.10.3 Price Trends
6 Market Breakup by Type
6.1.1 Market Trends
6.1.2 Market Forecast
7 Market Breakup by Application
7.1.1 Market Trends
7.1.2 Market Forecast
8 Market Breakup by Region
9 Imports and Exports
9.1 Imports by Major Countries
9.2 Exports by Major Countries
10 Zeolite Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
- Honeywell International
- Tosoh Corporation
For more information about this report visit https://www.researchandmarkets.com/r/i27gg3