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The zeolite market size is forecast to increase by USD 2.98 billion, at a CAGR of 4.83% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing use of zeolites as refrigeration adsorbents and as substitutes for sodium phosphate. Zeolites, a type of microporous aluminosilicate mineral, exhibit unique adsorption properties, making them an ideal choice for refrigeration applications. They help improve energy efficiency and reduce greenhouse gas emissions, making them a preferred alternative to traditional refrigerants. Additionally, the high logistics cost associated with the transportation of refrigerants has further boosted the demand for zeolites. However, challenges such as the high production cost and the availability of alternative adsorbents may hinder market growth. Despite these challenges, the market is expected to grow at a steady pace due to the increasing awareness of energy efficiency and environmental sustainability.
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Zeolite is a type of Aluminosilicate mineral, specifically a silicate mineral with a framework structure of alumina and silica tetrahedra. Synthetic zeolites, also known as molecular sieves, have gained significant attention in various industries due to their unique properties. The market is primarily driven by the petrochemicals industry, where synthetic zeolites are used as catalysts in the production of petrochemicals. In detergent manufacturing, zeolites act as builders, enhancing the cleaning power and improving the stability of the product. Key players in the market include Chevron Phillips Chemical, among others. The market is expected to witness expansion due to the final investment decisions in refinery expansions and water filtration applications. Zeolites are also used in animal feed and water treatment.
Synthetic zeolites exhibit high activity and selectivity in chemical reactions, making them essential in various industries. Their stability and conversion procedures make them an ideal choice for catalysts in numerous applications. Other minerals like perlite, diatomite, and Fullerâs earth are also used in various industries but do not possess the same properties as zeolites.Sodium tripolyphosphate is a common additive used in the production of synthetic zeolites. Overall, the market is poised for growth due to its diverse applications in various industries.
Increasing use of zeolite as refrigeration adsorbent is notably driving the market growth. Zeolites, a type of aluminosilicate minerals, have gained significant attention in various industries due to their unique properties. Synthetic zeolites, specifically, are widely used in petrochemicals production as catalysts for chemical reactions, enhancing the stability, selectivity, and conversion procedures in refineries. This results in increased refinery output and improved petrochemical facilities. In the detergent industry, zeolites serve as detergent builders, enhancing the cleaning power of sodium tripolyphosphate. Chevron Phillips Chemical, for instance, recently made a Final Investment Decision to expand its production capacity of zeolite-based detergent builders. Beyond petrochemicals and detergents, zeolites also play a crucial role in water filtration and treatment technologies. They are used in wastewater treatment and sludge treatment capacity enhancement, ensuring cleaner water for agriculture, construction, and other sectors.
In the agriculture sector, zeolites are used as additives for fodder crops, contributing to increased biofuel and bioenergy consumption. Moreover, zeolites are utilized in refineries for groundwater treatment and wastewater treatment, ensuring compliance with environmental regulations. Global zeolite production is projected to grow due to increasing demand from these industries, making it a promising market for investment. Thus, such factors are driving the growth of the market during the forecast period
Increasing use of zeolites as a substitute for sodium phosphate is the key trend in the market. Zeolites, a type of aluminosilicate minerals, play a significant role in various industries, including petrochemicals production and water filtration. In petrochemicals, synthetic zeolites serve as catalysts for chemical reactions, enhancing the stability, selectivity, and conversion procedures in refineries. These minerals are also used as detergent builders in the production of detergents, replacing traditional materials like perlite, diatomite, and fuller's earth. Chevron Phillips Chemical recently made a Final Investment Decision (FID) to expand its petrochemical facility in Sweeny, Texas, using synthetic zeolites in the production of sodium tripolyphosphate. This expansion will contribute to global zeolite production, which is projected to grow due to increasing demand from water treatment applications. Beyond petrochemicals, zeolites find use in water filtration, agriculture, and bioenergy consumption. In agriculture, zeolites are used as animal feed additives and for growing fodder crops. In construction, they are used for groundwater recharge and wastewater treatment technologies.
Moreover, in the refining sector, zeolites improve refinery output by increasing sludge treatment capacity and reducing wastewater generation. The market is expected to grow due to the increasing demand for biofuels and bioenergy consumption. Zeolites are used as catalysts in the conversion procedures of liquid ingredients in petrochemical facilities and biofuel production. Their high activity and selectivity make them an essential component in various industrial applications. Thus, such trends will shape the growth of the market during the forecast period.
High logistics cost is the major challenge that affects the growth of the market. Zeolites, a type of aluminosilicate minerals, have gained significant attention in various industries due to their unique properties. In petrochemicals production, synthetic zeolites serve as effective catalysts for chemical reactions, enhancing the conversion procedures and improving the stability, selectivity, and efficiency of refineries. Chevron Phillips Chemical recently made a Final Investment Decision to expand its petrochemical facility in Texas, USA, utilizing zeolite catalysts for the production of polyethylene and polypropylene. Beyond petrochemicals, zeolites find extensive applications in detergent production as detergents builders, improving the performance of liquid ingredients in cleaning solutions. Zeolites are also employed in water filtration, providing effective solutions for wastewater treatment technologies and sludge treatment capacity expansion. In the agriculture sector, zeolites are used as animal feed additives, enhancing the nutritional value of fodder crops and contributing to the growth of the sector's GDP.
Moreover, zeolites have gained traction in the construction industry as an adsorbent for groundwater treatment and in biofuel and bioenergy consumption for energy generation. With the increasing demand for sustainable and eco-friendly solutions, global zeolite production is expected to grow, driven by the expanding refinery output and the need for advanced water treatment technologies. Key applications include catalysts, water treatment, animal feed, and refinery expansion. Perlite, diatomite, and fullerâs earth are natural zeolites with similar properties, but synthetic zeolites offer superior performance and consistency in various applications. Sodium tripolyphosphate, a common phosphate-based detergent builder, is often replaced by zeolites due to their superior properties. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovatorâs stage to the laggardâs stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Antenchem - The company offers zeolite detergent grade namely Advan Zeolites Laundry Powder.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The detergent segment is estimated to witness significant growth during the forecast period. Zeolite, a type of aluminosilicate mineral, plays a significant role in various industries, including petrochemicals production and water filtration. In petrochemicals, synthetic zeolites are used as catalysts for chemical reactions, enhancing the stability, selectivity, and conversion procedures in refineries. These minerals are integral to refinery expansion, particularly in the production of detergent builders and catalysts for biofuel and bioenergy consumption. Chevron Phillips Chemical recently made a Final Investment Decision to construct a new synthetic zeolite plant in the US, underscoring the market's growth potential.
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The detergent segment was the largest and was valued at USD 7.14 billion in 2018. Zeolites find applications in water treatment, such as groundwater and wastewater treatment technologies, and in the agriculture sector for animal feed and fodder crops. Additionally, they are used in construction as a lightweight aggregate, replacing perlite, diatomite, and fullerâs earth. Global zeolite production is expected to grow due to increasing demand for water treatment, detergents, and catalysts. The market's expansion is driven by the rising GDP, increasing refinery output, and the need for sustainable and efficient chemical reactions using liquid ingredients in petrochemical facilities. Zeolites' high activity and selectivity make them indispensable in numerous industries, ensuring their continued relevance in the global market.
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APAC is estimated to contribute 30% to the growth of the global market during the forecast period. Technavioâs analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Zeolite, a naturally occurring mineral, finds extensive applications in various industries, including agriculture and petrochemicals. In the agricultural sector, zeolite is utilized as an additive to improve soil structure and enhance nutrient absorption. Artificial zeolite, produced through industrial processes, is gaining popularity due to its consistent quality and superior performance. The petrochemical industry relies heavily on zeolite for catalytic processes, particularly in the production of polyolefins and ammonia. Ta'ziz, a leading petrochemical plant in Saudi Arabia, is one of the significant consumers of zeolite. The social impact of the market is evident through its application in water treatment, particularly in areas with limited access to clean water. Travel restrictions due to the ongoing pandemic have affected the supply chain, leading to potential shortages and price fluctuations. Despite these challenges, the market is expected to maintain its growth trajectory due to its wide-ranging applications and increasing demand from various industries.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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Zeolite is a type of Aluminosilicate mineral, widely used in various industries due to its unique properties. The market is driven by its extensive applications in petrochemicals production, particularly in the form of synthetic zeolites. Synthetic zeolites are used as catalysts in chemical reactions for the production of detergents and detergent builders. Chevron Phillips Chemical, one of the leading petrochemical companies, has made a Final Investment Decision to expand its refinery output, which is expected to boost the demand for zeolite in the petrochemicals industry. Zeolite is also used in water filtration and wastewater treatment technologies, making it essential for the agriculture sector, construction, and groundwater treatment.
Moreover, the growing biofuel and bioenergy consumption in various sectors, including fodder crops and animal feed, is also contributing to the growth of the market. The stability, high activity, and selectivity of zeolite make it an ideal choice for catalysts in various conversion procedures. The market is expected to witness significant growth due to the increasing demand for zeolite in the refinery expansion projects and the production of sodium tripolyphosphate. Perlite, diatomite, and Fullerâs earth are other natural minerals used as alternatives to zeolite but synthetic zeolites offer superior properties, making them the preferred choice. The global zeolite production is expected to increase due to the growing demand from various end-use industries, including water treatment, refineries, and construction. The market is expected to grow at a steady pace, driven by the increasing demand for zeolite in various applications.
Market Scope |
|
Report Coverage |
Details |
Page number |
162 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.83% |
Market Growth 2024-2028 |
USD 2.98 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.37 |
Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 30% |
Key countries |
China, US, Germany, France, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Antenchem, Arkema SA, BASF SE, Blue Pacific Minerals Ltd, 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, and Zeolyst International |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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