This report provides exclusive insights into the COVID-19 impact on the Zeolites Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Zeolites Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Zeolites Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
zeolites market provides in-depth analysis of segments and sub-segments in
global as well as regional zeolites market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
zeolites market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
zeolites market. According to the report the global zeolites market is projected to
grow at a CAGR of 3.4% over the forecast period of 2018-2024.
Zeolites are hydrated
aluminosilicate minerals with crystalline solids structures made from interlinked
tetrahedral of alumina, silica, and oxygen. Zeolites are normally obtainable in both
natural and synthetic forms. Synthetic zeolites are used mainly as detergent
builders, catalysts, and absorbents/desiccants, while natural zeolites are used
for feed additives, soil amendment, water treatment, environmental uses, and
construction. Zeolites have various special properties as compare to many other
materials. Zeolite offers high melting point, resist high pressure, insoluble
in water and other chemical solvents, and many other properties.
Detergents are one of the
dominant application for zeolite. Zeolites have exquisite ion exchange property
so both natural and synthetic zeolites are widely used in the formation of
detergents. Rapidly growing detergent industry is the key factor driving the
growth of zeolite market across the world. In addition, increasing refinery
output and rapidly growing demand for adsorbents are likely to boost the growth
of Zeolites market over the forecast period. However, rising adoption of
zeolite-free detergents and the presence of suitable alternatives such as
Aluminophosphates are expected to restrain the growth of zeolite market.
Moreover, the rising water treatment and detergent industries are projected to
create several opportunities for the zeolite market in upcoming years.
Among the geographies, Asia-Pacific is the largest and
fastest growing region in the zeolite market owing to the presence of many detergents
and water treatment industries. The tremendous growth of the water treatment
industry is likely to boost the Zeolites market in this region.
The report on global zeolites market covers segments such as applications and product. On the basis of applications the global zeolites
market is categorized into catalysis, gas separation, ion exchange, and others.
On the basis of product, the global zeolites market is categorized into natural
zeolite and synthetic zeolite.
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience a growth at a CAGR of x.x% over the period of
The report provides profiles of the companies in the global
zeolites market such as Arkema Group, BASF SE, Zeochem AG, Grace
Catalysts Technologies, KNT Group, Chemiewerk Bad Köstritz GmbH (CWK), Interra Global Corporation, Zeox
Corporation and UOP LLC.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global zeolites
market. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight into the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of zeolites market.
Moreover, the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the zeolites market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share of
the leading players. This report will help manufacturers, suppliers, and
distributors of the zeolites market to understand the present and future trends
in this market and formulate their strategies accordingly.