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Synthetic Zeolites Market 2020: Development, Growth, Key Factors and Forecast to 2026 - Albemarle Corporation, Zeochem AG, Arkema SA, and more.

02-25-2020 11:23 AM CET | Science & Education

Press release from: Reports And Data

Synthetic Zeolites Market

Synthetic Zeolites Market

The global synthetic zeolites market is expected to reach USD 5.95 Billion by 2026, according to a new report by Reports and Data. The major benefits of synthetic zeolites, when compared with naturally occurring zeolites, are that they can be engineered with an extensive range of chemical properties and pore sizes and possess a high thermal stability and radiation resistance.

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A major portion of synthetic zeolites produced are deployed in the detergents industry. Synthetic zeolites are environment-friendly and are used at an increasing rate as a raw material substitute to phosphates in detergent manufacturing. A rising population is expected to boost the demand for detergents, which, in turn, is projected to drive the demand for synthetic zeolites. Synthetic zeolites also find applications in the petrochemical industry as catalysts.

Synthetic zeolite finds application as a concrete stabilizing agent in several building mixes. By adding even a small amount of the product in the course of making cement suspensions used in the underground consolidating walls along with injectable mixes for filling cable voids, significantly enhances the mix stability.

Companies considered and profiled in this market study
BASF SE, Honeywell International Inc., Albemarle Corporation, Zeochem AG, Arkema SA, Clariant AG, W. R. Grace & Co., Knt Group, Zeolyst International, and Tosoh Corporation, among others.

For the purpose of this report, Reports and Data have segmented the global synthetic zeolites market on the basis of product type, application, industry vertical, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Mordenite
Ferrierite
Linde Type A
Linde Type X
Linde Type Y
Linde Type B
ZSM-5
Others

Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Detergent Builder
Adsorbent
Fluid Catalytic Cracking
Others

Go through our meticulously drafted TOC, Tables, Statistics, Charts, and Company profiles: - https://www.reportsanddata.com/report-detail/synthetic-zeolites-market

Industry Vertical Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Consumer Products
Petrochemical
Construction
Agriculture
Others

Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
North America
Europe
Asia Pacific
Latin America
MEA

Further key findings from the report suggest
1. By product type, mordenite held a substantial market share in 2018 and is expected to grow at a rate of 2.0% in the forecast period. The high demand for mordenite is owing to the use of mordenite as an adsorbent, as a catalyst, and as an ion exchanging sieve.

2. By application, the detergent builder contributed to the largest market share in 2018 and is projected to witness a growth rate of 1.8% in the forecast period. The key function of a builder in detergent products is to soften the water by removing chemicals causing water hardness (such as calcium and magnesium compounds). Moreover, in detergent powders, builders may also absorb liquid components of the formulation (like surfactants) to maintain free-flowing, dry powder characteristics.

3. The Asia Pacific region dominated the market in 2018 and is expected to grow at a rate of 2.5% in the forecast period. The dominance of the Asia Pacific is owing to economic growth and high population coupled with increasing demand for detergents.

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Aims of the study
1. To curate a concise report of the market, highlighting the key vendors and significant changes observed in the market
2. Examine the existing and emergent trends and promising technological innovations in the market
3. Assessment of market values, modeled values, and international trade values, to deduce the market volume
4. Offered research-backed insights for the parent market, cost analysis, and prevailing industry trends
5. Calculate capacity utilization rate

Contact Us

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Head of Business Development
Address- 40 Wall St. 28th floor New York City, USA
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About us

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help clientâEUR(TM)s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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