Zeolite Market Booming Worldwide Opportunity & 2027 Upcoming Trends |BASF SE, Honeywell International Inc., Steelhead Specialty Minerals, Arkema SA, Tosoh Corporation, KNT Group and others

Polaris Market Research has announced the addition of the " Zeolite Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Zeolite Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report provides in depth study of "Zeolite Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Zeolite Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

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[**NOTE: This report Sample includes;
o Brief Introduction to the research report
o Table of Contents (Scope covered as a part of the study)
o Top players in the market
o Research framework (presentation)
o Research methodology adopted by Polaris Market Research]

The key players covered in this study
• BASF SE
• Honeywell International
• BT Group plc
• Arkema SA
• Tosoh Corporation
• KNT Group
• Clariant AG
• PQ Group Holdings Inc.
• Albemarle Corporation
• Steelhead Specialty Minerals

The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
The global zeolite market size is expected to reach USD 36.98 billion by 2027 according to a new study by Polaris Market Research. A number of synthetic zeolite manufacturers produce different grades, where low-grade zeolites are used in detergents and high grades are used in the petrochemical industry. Manufacturers of the product include Tosoh Corporation, Honeywell International Inc., BASF SE, Albemarle Corporation, and Clariant AG. Apart from the large-scale manufacturers, numerous small- and medium-scale manufacturers are present in Asia Pacific, owing to the rising demand from the region which is likely to drive market growth.

One of the important applications of synthetic zeolite is for FCC (Fluid Catalytic Cracking) catalysts. FCC is a process by means of which complex hydrocarbon molecules are broken down into simple hydrocarbon molecules. FCC is a type of secondary unit operation, used to produce gasoline in the refining process. Increasing demand for petroleum across the world has resulted in high demand for synthetic over natural products, which are used as catalysts.

Furthermore, FCC has higher application in North America compared to other regions where hydrocracking is more prevalent. The high demand for energy in the region resulted in the sustained growth of productivity. Production in this region is expected to exhibit continued growth in the near future. Global application of zeolitic catalysts in petroleum and refineries is expected to grow in the next few years. This, in turn, would contribute to the growth of the market.

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Polaris Market Research has segmented the zeolite market report on the basis of product, end-use, and region

Zeolite, By Product Outlook (Revenue – USD Million, 2016 – 2027)
• Natural
• Clinoptilolite
• Mordenite
• Others
• Synthetic Zeolite
• Zeolite A
• Type X
• Type Y
• USY
• ZSM 5

Zeolite, By End-Use Outlook (Revenue – USD Million, 2016 – 2027)
• Building & Construction
• Water Treatment
• Animal Nutrition
• Odor Control & Desiccant
• Detergent
• Agriculture
• Others

Geographically, the global Zeolite market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Benefits:

o This study gives a detailed analysis of drivers and factors limiting the market expansion of Zeolite

o The micro-level analysis is conducted based on its Application, Type, and Distribution Channel And geographies

o Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players

o By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Zeolite Market

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This release was published on openPR.