Enjoy complimentary customisation on priority with our Enterprise License!
The zeolite market share is expected to increase by USD 3.94 billion from 2022 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.2%.
This zeolite market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers zeolite market segmentation by end-user (detergent, catalyst, adsorbent, and others), type (natural and synthetic), and geography (Europe, APAC, North America, Middle East and Africa, and South America). The zeolite market report also offers information on several market vendors, including Anten Chemical Co. Ltd., Arkema S.A., BASF SE, Clariant AG, CWK Chemiewerk Bad Kostritz GmbH, Hengye Inc., Honeywell International Inc., International Zeolite Corp., Interra Global, KMI Zeolite Inc., KNT Group, Lenntech BV, St. Cloud Mining, Tosoh Corp, United States Antimony Corp., W. R. Grace and Co., ZEOCEM AS, Zeochem AG, Zeolyst International, and Blue Pacific Minerals Ltd among others.
Download Report Sample to Unlock the Zeolite Market Size for the Forecast Period and Other Important Statistics
The research studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the zeolite market.
Key Zeolite Market Driver
The increasing use of zeolite as a refrigeration adsorbent is one of the key factors driving the global zeolite market growth. In developing countries, the penetration of low-cost refrigeration methods is quite high. This is owing to the need of consumers to preserve food products, particularly in rural areas where conventional refrigeration systems are not affordable. Moreover, the power supply is not frequently available in rural areas. The refrigeration adsorption system generally requires the use of zeolite to provide a cooling effect. In the last 2-3 years, owing to technological advances, the adoption of refrigerators using water as refrigerant and zeolite as an adsorbent has been quite high. These systems have become popular as they can be stimulated by low-grade thermal energy. Owing to the use of zeolite as a refrigerant, these systems do not cause depletion of the ozone layer and, thus, are not responsible for global warming. The refrigeration adsorption system has several benefits over the refrigeration absorption system, such as that it can be operated in a wide range of temperatures and involves fewer corrosion issues than the absorption system. The increasing demand for zeolite as refrigeration adsorbents will boost the growth in the global zeolite market during the forecast period
Key Zeolite Market Trend
Increasing the use of zeolites as a substitute for sodium phosphate will fuel the global zeolite market growth. The use of sodium tripolyphosphates (STPP) is decreasing as builders in laundry detergents, especially in Europe and North America. Also, the use of phosphates has also declined in developing markets, including India and China, where household detergents are extensively used. Such a decline in use can be attributed to their non-environment-friendly properties that damage water quality by encouraging excessive plant growth and decay. Substitutes such as zeolites, citric acid, and sodium carbonate are increasingly adopted as builders in detergents. Zeolite-A is ecologically friendly and is used as an alternative to STPP. The penetration of Zeolite-A as a substitute to STPP has increased in the laundry detergent segment as it provides better efficiency as a builder. Because of the electrostatic effect, it improves the performance of the detergent and helps in dirt removal. It also supports outstanding results in attaining a superior and economical wash. The increasing use of zeolites in the segment will positively impact the growth of the global zeolite market during the forecast period.
Key Zeolite Market Challenge
High logistics costs are the major challenges to the global zeolite market growth. Zeolites are usually transported in huge volumes. They are transported via railroad and highways from manufacturers to end-users. Since rail transportation and highways are the major means of supply, end-user industries are significantly affected due to high logistics costs. This, in turn, results in a demand-supply imbalance and causes disruptions to the overall production processes. The fluctuations in fuel prices are a major factor in the rise in transportation costs. The availability of carriers at the right time is a major challenge faced by end-users. The constraints pertaining to the transportation of zeolites are expected to impede the growth of the global zeolite market during the forecast period.
This zeolite market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global zeolite market as a part of the global diversified metals and mining market within the global materials market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the zeolite market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the zeolite market encompasses successful business strategies deployed by the key vendors. The zeolite market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The zeolite market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our In-house experts produce extensive information on the value chain and parent market of the zeolite market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
The value chain of the global materials market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
For more insights on the market share of various regions Request PDF Sample now!
37% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for the zeolite market in Europe. Market growth in this region will be slower than the growth of the market in other regions.
The increasing use of zeolite as a refrigeration adsorbent will facilitate the zeolite market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
The zeolite market in Europe witnessed certain challenges due to the outbreak of COVID-19 in 2020. Russia, the UK, Spain, Italy, France, and Germany were some of the countries in the region most affected by the pandemic. To control the spread of the pandemic and due to a decline in demand for power, some nuclear waste sites announced a temporary shutdown of their operations. However, the initiation of vaccination drives and the easing of lockdown restrictions led to the recovery of the zeolite market in 2021. Also, the resumption of activities of oil and gas operations and wastewater treatment projects, the increasing demand for zeolite from different end-user industries, and the recovering construction industry are expected to boost the demand for zeolite during the forecast period.
To gain further insights on the market contribution of various segments Request a PDF Sample
The zeolite market share growth in the detergent segment will be significant during the forecast period. The detergent segment is the largest application segment in the market for zeolite. Zeolite is used in detergents due to its ability to produce demineralized water through calcium ion exchange. This helps in removing stains and dirt from clothes effectively. This has fostered a remarkable demand for zeolite from the detergent segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the zeolite market size and actionable market insights on the post-COVID-19 impact on each segment.
Zeolite Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.2% |
Market growth 2022-2026 |
$3.94 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.28 |
Regional analysis |
Europe, APAC, North America, the Middle East and Africa, and South America |
Performing market contribution |
Europe at 37% |
Key consumer countries |
US, China, South Korea, Germany, and France |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Anten Chemical Co. Ltd., Arkema S.A., BASF SE, Clariant AG, CWK Chemiewerk Bad Kostritz GmbH, Hengye Inc., Honeywell International Inc., International Zeolite Corp., Interra Global, KMI Zeolite Inc., KNT Group, Lenntech BV, St. Cloud Mining, Tosoh Corp, United States Antimony Corp., W. R. Grace and Co., ZEOCEM AS, Zeochem AG, Zeolyst International, and Blue Pacific Minerals Ltd |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Market Segmentation by Product Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.