Zeolite Market Growth 2018-2025 |Key Players BASF SE, Arkema Group, Tosoh Corporation, Zeochem AG, Grace Catalyst Technologies

Zeolite is aluminosilicate or molecular sieve, a crystalline solid made from silica, aluminum, and oxygen. They are naturally available and can be synthesized chemically. Some of the natural zeolites are analcime, chabazite, clinoptilolite, erionite, ferrierite, heulandite, laumontite, mordenite, and phillipsite. Zeolites provide porous structure and high surface area. Due to its high selectivity, the desired reaction is catalyzed and the yield of a reaction is maximized. Molecular properties and structure of zeolite make it an ideal shape selective catalyst.

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Zeolites, owing to its acidity, find application in catalytic cracking, alkylation, isomerization, and aromatization reactions. Fluidized catalytic cracking is the largest and oldest application of zeolite catalysts. Zeolites have the unique ability to adsorb water while rejecting larger molecules and hence, find applications in drying air, organic solvents, natural gas, and refrigerants. Various type of zeolites such as ZSM-5, Zeolites A, X, mordenite is used for removing gases such as ammonia (NH3), Sulfur dioxide (SO2), and Carbon dioxide (CO2). Purification of hydrocarbon liquids and gases is also done by zeolites.

A major driver for the growth of the global zeolite market is rising demand for the detergents for the domestic and industrial application. For instance, According to the department of consumer affairs, in India, the market for synthetic detergents was valued at about US $1.63 billion in 2013, with a compounded annual growth rate (CAGR) of three percent. Zeolites remove dyes from the washing liquor by hetero-coagulation and adsorption.

Key players operating in the global zeolite market include BASF SE, Arkema Group, Tosoh Corporation, Zeochem AG, Grace Catalyst Technologies, Zeox Corporation, Honeywell International Inc., Clariant, Eurecat, Yingkou Zhongbao Molecular Sieve Co, Ltd, KNT Group, Dalian Haixin Chemical Industrial Co. Ltd, Zeolyst International, National Aluminium Company Limited, PQ Corporation, UOP LLC, KMi zeolite Inc, Zeotech, and Blue Pacific Minerals Ltd.

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