Zeolites Market Poised to Grow at a CAGR of 3.4% by 2024

Zeolites Market Poised to Grow at a CAGR of 3.4% by 2024


Infinium Global Research has added a new report on Zeolites Market. The report presents analysis of global as well as regional markets of zeolites market over the period of 2018 to 2024.Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global zeolites market but also make strategic decisions to capture the most lucrative markets in the near future.The market size is presented in terms of value for the historic year 2018 and estimated for forecast period of 2016-2024. 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 the 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 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 detergent and water treatment industries. The tremendous growth of water treatment industry is likely to boost the Zeolites market in this region.

 

Get 15% discount for early purchase of global zeolites market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1454

 

The recent report identified that Asia Pacific dominated the global zeolites market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the zeolites market worldwide.

 

The report segments the global zeolites market on the basis of Applications and Product.

 

Global Zeolites Market by Applications

·         Catalysis

·         Gas Separation

·         Ion Exchange

·         Others

 

Global Zeolites Market by Product

·          Natural Zeolite

·          Synthetic Zeolite

 

Companies Profiled in the Report

·         Arkema Group

·         BASF SE

·          Zeochem AG

·         Grace Catalysts Technologies

·         KNT Group

·          Chemiewerk Bad Köstritz GmbH (CWK)

·         Grace Catalysts Technologies

·         Interra Global Corporation

·          Zeox Corporation

·         UOP LLC

 

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