Press release
Zeolite Molecular Sieve Market Set to Expedite Growth of 2% Over 2030
Zeolite Molecular Sieve Market
Global Zeolite Molecular Sieve Market Growth
The global zeolite molecular sieve market was valued at US $4.33 billion in 2023, and is projected to reach US $4.97 billion by 2030, growing at a CAGR of 2% during 2024‐2030. These materials, widely used as adsorbents and catalysts in petroleum processing, detergents, and water treatment, continue to drive robust global demand.
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►Competitive Landscape
The market is moderately fragmented, with major players like Zhongbao Molecular Sieve, Shanghai Hengye, UOP (Honeywell), Zeochem, Arkema (CECA), BASF, Clariant, Tosoh, and W.R. Grace forming the competitive core.
Higher Demand in Europe & Asia Pacific
Europe held a leading market share (~28%) in 2023, largely due to advanced petrochemical infrastructure and stringent environmental standards. Asia Pacific is the fastest-growing region, fuelled by industrialization-especially in China and India, with Asia Pacific commanding over 33-35% share.
►Regional Insights
♦ United States - Growth & Opportunities
The U.S. market is fueled by intense activity in the oil & natural gas and petrochemical sectors, where zeolite sieves play critical roles in gas cleaning, drying, and refining.
Regional expansion is reinforced by technological innovation-evident in UOP's advanced CO2-selective zeolites-and built on strong industrial infrastructure.
♦ Asia Pacific - Trends & Consolidation
Capturing the lion's share globally (~33-35 %), APAC benefits from rapid industrialization in China, India, Japan, and Southeast Asia.
Use cases span from detergents and refrigerants to advanced nuclear waste treatment and water treatment, presenting diversified growth drivers.
Major players like Honeywell UOP, Zeochem, Tosoh, and Clariant are expanding capacity and manufacturing in the region.
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♦ Europe - Update & Market Growth
Europe leads in current share (~28 %), thanks to robust petroleum refining, air separation, natural gas processing, and stringent environmental regulations .
R&D hubs in Germany and the UK drive innovation in detergent-grade and catalytic sieves .
♦ Middle East & Africa - Consolidation & Opportunity
MEA region's adoption is spurred by expanding petrochemical and gas industries and rising demand for adsorbents in wastewater treatment.
Though smaller in scale, players are actively consolidating via capacity expansion and tech partnerships, targeting gas processing applications.
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► Market Segmentation: In-Depth Analysis:
by Application
Catalysts
Detergents
Adsorbent
by End-Use
Air Purification
Petroleum Industry
Industrial Gas Production
Waste and Water Treatment
Other
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-zeolite-molecular-sieve-market/23870/
► Learn about the top players driving innovation in the Market :
1. Zhongbao Molecular Sieve
2. Shanghai Hengye
3. Novel
4. UOP(Honeywell)
5. Haixin Chemical
6. Zeolites & Allied Products
7. Grace
8. KNT Group
9. Shanghai Zeolite Molecular Siev
10. Shijiazhuang Jianda Gaoke
11. Henan Huanyu Molecular Sieve
12. Fulong New Materials
13. Pingxiang Xintao
14. Luoyang Jianlong Chemical
15. Zeochem
16. YuQing Fenzishai
17. CWK Chemiewerk Bad Kastritz
18. Anhui Mingmei Minchem
19. CECA (Arkema)
20. Shanghai Jiu-Zhou Chemical
21. Tosoh Corporatio
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