Zeolite Market | BASF SE, Arkema Group, Tosoh Corporation, Zeochem AG, Grace Catalyst Technologies, Zeox Corporation

Zeolite is aluminosilicate or molecular sieve, a crystalline solid made from silica, aluminum, and oxygen. They are naturally available and can be synthesized chemically. Some of the natural zeolites are analcime, chabazite, clinoptilolite, erionite, ferrierite, heulandite, laumontite, mordenite, and phillipsite. Zeolites provide porous structure and high surface area. Due to its high selectivity, the desired reaction is catalyzed and the yield of a reaction is maximized. Molecular properties and structure of zeolite make it an ideal shape selective catalyst.

Zeolites, owing to its acidity, find application in catalytic cracking, alkylation, isomerization, and aromatization reactions. Fluidized catalytic cracking is the largest and oldest application of zeolite catalysts. Zeolites have the unique ability to adsorb water while rejecting larger molecules and hence, find applications in drying air, organic solvents, natural gas, and refrigerants. Various type of zeolites such as ZSM-5, Zeolites A, X, mordenite is used for removing gases such as ammonia (NH3), Sulfur dioxide (SO2), and Carbon dioxide (CO2). Purification of hydrocarbon liquids and gases is also done by zeolites.

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Market Taxonomy

On the basis of product type, global zeolite market is segmented into:

Natural
Synthetic

On the basis of function, global zeolite market is segmented into:

Catalyst
Adsorbent
Detergent
Separator

On the basis of end-use industry, global zeolite market is segmented into:

Chemical
Petrochemical
Water treatment
Others

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Europe held the dominant position in the market in 2017. Radiation modified natural zeolites are used for treating nuclear waste and natural zeolite minerals as storage of solar energy. Europe is projected to maintain its dominance throughout the forecast period, owing to the rising use of bio-based raw materials and renewable sources of energies such as nuclear or solar. This factor will contribute towards the lucrative growth of global zeolite market.

According to US Geological Survey Minerals Yearbook, in 2015, natural zeolites production was increased by 20% to 75,100 metric tons in the U.S. and global production was estimated at around 2.7-3.2 million metric tons. According to this survey, China was the leading producer of natural zeolites in 2015, with production likely in the range of 1.8 to 2.2 million metric tons.

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