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Zeolite Molecular Sieve Market Size By Application, Industry Analysis Report, Regional, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

12-09-2016 10:54 AM CET | Health & Medicine

Press release from: Market Study Report

MarketStudyReport.com adds “Zeolite Molecular Sieve Market Size By Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” new report to its research database. The report spread across 80 pages with table and figures in it.

Zeolite Molecular Sieve Market size was evaluated at 1.88 million tons for 2015 and predicted to register 1.3% CAGR gain by end of forecast period. Rising detergents demand due to growing hygiene consciousness among customers and increasing demand for petroleum products may promote industry growth. Low toxicity on exposure and minimized occupational risk is also predicted to drive the zeolite molecular sieve industry trend. Zeolite molecular sieves are used in detergents as ion exchange agents due to their chemical stability & high absorption capacity during production.

But presence of substitutes like enzymes, metals and other chemicals can inhibit industry growth. Rising trend for environment friendly catalyst substances like enzymes and heavy penetration of chemical catalysts can affect the zeolite molecular sieve market trend. But, silver infused sieves are considered to develop new avenues to enhance industry growth.

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Growing absorbents demand and energy along with rising focus on green technologies are predicted to increase the demand of the product. Petroleum can be utilised as catalysts and prove to be a main compound required in synthesis of chemicals.

Categories

Zeolite molecular sieve market is segmented into two categories that include applications and geographical regions.

Detergent application dominated the industry by contributing more than $1.56 billion for 2015. Major features and less abrasiveness are predicted to promote the industry demand in producing detergents.

Chemical firms in China can favour industry growth and generate new avenues as detergent builder agents.

Catalyst application is predicted to experience 4.6% CAGR during forecast period in revenue terms. Growth of petroleum industries is predicted to propel the demand for this application due to increasing use by end users.

Europe led the industry and was evaluated at more than $1.1 billion for 2015. Turkey and Russia contributed to the growth of the industry in Europe.

Browse full table of contents and data tables @ http://bit.ly/2cYKC5p

Some Points In Table of Contents

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Zeolite Molecular Sieve Industry Insights

Chapter 4 Zeolite Molecular Sieve Application Insights

Chapter 6 Competitor Profiles

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