Global Zeolite Market || Business Strategies Tosoh Corporation Honeywell International Inc. Union Showa K.K. Chemiewerk Bad Köstritz GmbH Anhui Mingmei MinChem Co., Ltd.

Zeolites belong to the group of hydrated aluminosilicate minerals made from interlinked tetrahedra of alumina (AlO4) and silica (SiO4). Some of the applications of Zeolite include the separation of hydrocarbons in the drying of gases and liquids, petroleum refining, and pollution control by selective molecular adsorption. The global natural zeolite market accounted for 4.17 billion in 2019 and is estimated to be US$ 5.70 billion by 2029 and is anticipated to register a CAGR of 3.1%. Besides, the global zeolite market accounted for 14.33 billion in 2019 and is estimated to be US$ 19.84 billion by 2029 and is anticipated to register a CAGR of 3.3%.

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In the fertilizer industry, zeolites trap undesirable metals and prevent the intake of heavy metals in the food chain. Zeolites trap metals, like copper, cadmium, lead, and zinc. Due to high ion exchange capacity, zeolites are seen as effective carriers of herbicides, fungicides, and pesticides. The presence of heavy metals (Zn, Cr, Pb, Cd, Cu, Mn, Fe, etc.) in wastewater is a serious environmental problem and their removal by natural zeolites have been extensively studied along with other technologies, including chemical precipitation, ion exchange, adsorption, membrane filtration, coagulation-flocculation, flotation, and electrochemical methods. Natural zeolite powder used in concrete and mortar (JG/T 3048-1998)”) has been drafted and approved by China Standard Association for construction practice in China. Presently, the annual amount of natural zeolite consumed in China’s construction industry is over 30 million tons. The development of zeolite catalysis is increasingly supported by advances in preparation, characterization, and testing of catalysts for the determination of property/performance relationships. Detergents and the stabilizing oil & gas industry are likely to present opportunities within the zeolite market as these industries are leveraging the wide adoption base for zeolites.

The key players operating in the global natural zeolite market include BASF SE, Tosoh Corporation, Honeywell International Inc., Union Showa K.K., Chemiewerk Bad Köstritz GmbH, Anhui Mingmei MinChem Co., Ltd., R. Grace & Co., Arkema Group, Interra Global Corporation, and National Aluminium Company Limited (NALCO). Capacity expansion is a key strategy undertaken by prominent players in the market. For instance, in September 2017, BASF doubled its Zeolite production capacity, which are used in the manufacture of emissions catalysts for diesel engines.

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