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Global Zeolite Molecular Sieve Market Size is estimated to reach a valuation of USD 4.37 billion by 2025; Top Most Prominent Key Players Are Tosoh Corporation, Arkema Group, BASF SE, Interra Global Corporation, UOP LLC, Zeochem AG, Grace Catalysts Technol
Global Zeolite Molecular Sieve Market Size
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The global zeolite molecular sieve market size is estimated to reach a valuation of USD 4.37 billion by 2025. The global zeolite molecular sieve market is driven majorly by the rising demand from oil and gas industries for the highly efficient zeolite molecular sieve absorbents, in order to curb the environmental ill effects caused by excessive resource usage.
Molecular sieves are alumino silicate solids with uniformly sized and precise forms. The molecular sieves include Zeolites, porous glass, activated carbon, and clay. Zeolite molecular sieves are a different class, and are highly crystalline alumino silicates of elements like magnesium, sodium, potassium and calcium. These sieves are used to absorb molecules smaller than their pore size and prohibiting the entrance of larger molecules. The unique absorption properties of zeolites has made it a commercial success in industries such as detergents, water purification, chemical separation, and for the decontamination of radioactive waste.
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On the basis of regions, Asia Pacific held the largest share in the global zeolite molecular sieve market due to the large scale demand from the detergent manufacturing industry. The recent emerging application of zeolite sieves in the treatment of waste water is being explored by government across the different countries in this region. Increased government and private firm investments for waste water treatment has resulted in the escalated demand for zeolites and is also expected to drive the market during the forecast period.
The global zeolite molecular sieve market is fragmented with the presence of a large number of global and regional players. The primary industry participants include Tosoh Corporation, Arkema Group, BASF SE, Interra Global Corporation, UOP LLC, Zeochem AG, Grace Catalysts Technologies, Honeywell International Inc., Merck Co. Inc., and Solvay Chemicals among others.
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Key segments of the global zeolite molecular sieve market
Applications Overview, 2015-2025 (Kilo tons) (USD million)
Detergents
Catalysts
Others
Regional Overview, 2015-2025 (Kilo tons) (USD million)
North America
US
Europe
UK
Ireland
Spain
Italy
France
Germany
Asia Pacific
South Korea
Japan
India
Australia
Latin America
Brazil
Mexico
Chile
Middle East & Africa
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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