Press release
Natural Zeolites Market to witness astonishing growth with key players
Natural zeolites are crystalline, microporous aluminosilicates that adsorb compounds such as metal ions and water through exchange of cations. This property enables the use of zeolites in applications such as human & animal healthcare, water treatment, gas filtration, and agriculture. There are over 40 different types of zeolites, among which the most popular are chabazite, clinoptilolite, erionite, mordenite, and phillipsite. There exists minimal competition between natural and synthetic zeolites. Different product specifications and cost has rendered the large scale use of natural zeolites unfeasible.The worldwide production of natural zeolite was pegged at 1.1 million metric tons in 2017. China held a market share of around 68% in the global natural zeolite production in 2017. The largest application segment for natural zeolites is construction, where it is predominantly used as a cement additive. The addition of zeolite in cement helps to produce a slower-hardening and stronger product. Other important applications of natural zeolite include, animal feed additive and nutrient release agent in soil conditioners.
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China, India, and the U.S. are projected to be the major natural zeolite consuming countries over the forecast period, owing to growing construction industry in these countries. As of 2017, these countries are the three largest construction markets in the world. According to India Brand Equity Foundation (IBEF) —part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to witness significant growth and reach US$ 5 billion by 2020. Therefore, growing construction industry is expected to propel growth of the natural zeolite market in India.
Market Taxonomy
On the basis of product type, the global natural zeolites market is segmented into:
Agriculture
Water Treatment
Gas Filtration
Construction
Animal Nutrition
Healthcare
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Major players operating in the global natural zeolites market include, ZEO Inc., Zeocat Soluciones Ecológicas S.L.U., St. Cloud Mining, Teague Mineral Products, Taza Su Limited, KMI Zeolite, ZEOCEM A.S., Minera Formas, and Bear River Zeolite.
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