Synthetic Zeolites Market Will Reach USD 2733.4 Million By 2028 With A CAGR of 3.5% - Valuates Reports
BANGALORE, India, March 17, 2022 /PRNewswire/ -- Synthetic Zeolites Market By Type - Zeolite A, Zeolite Y, Zeolite X, Zeolite ZSM-5, Zeolite P, Mordenite, Zeolite Beta, By Application - Detergents, Catalysts, Adsorbents, Dissicants. Global Opportunity Analysis and Industry Forecast 2022 - 2028. It is published in Valuates Reports under the Chemicals Industry Category.
The global Synthetic Zeolites market size is estimated to be worth USD 2223.7 million in 2022 and is forecast to be a readjusted size of USD 2733.4 million by 2028 with a CAGR of 3.5% during the review period.
Major factors driving the growth of the Synthetic Zeolites market
The detergent industry's increased demand for synthetic zeolites, use of zeolites as adsorbents, as well as the petroleum industry's significant use of synthetic zeolites for catalytic cracking, are the main drivers of the synthetic zeolites market's growth.
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TRENDS INFLUENCING THE GROWTH OF SYNTHETIC ZEOLITES MARKET
Increasing use as a builder in detergents is expected to drive the growth of the synthetic zeolites market. Surfactants, builders (water softeners), bleaching agents, and special additives like enzymes are the main ingredients in most modern detergents. In general, zeolites have a number of advantages over other builders in the detergent manufacturing process. For example, regardless of the process used, zeolites have a high level of product stability. When exposed to high temperatures, mechanical forces, or alkalinity, they become inert. Zeolites have not been reported to undergo partial decomposition or chemical conversion, which can occur with sodium triphosphate or specific layered silicates depending on the process design. As a result, zeolites are particularly adaptable materials for detergent production. In addition, zeolites are used as a flow aid in the handling of powders. Another distinguishing feature of zeolites is their high liquid adsorptive capacity.
The use of zeolites as adsorbents is expected to further propel the Synthetic Zeolites market growth. Zeolites are used to absorb a wide range of substances. This includes drying, purification, and separation applications. They can remove water to extremely low partial pressures and are very effective desiccants, capable of holding up to 25% of their weight in water. They can separate isomers and mixtures of gases, as well as remove volatile organic chemicals from air streams. The ability of zeolites to separate gases is a widely used property. Zeolites' porous structure can be used to sieve molecules of specific dimensions and allow them to enter the pores. This property can be fine-tuned by changing the size and number of cations surrounding the pores in the structure.
Furthermore, the use of zeolites as a desiccant is expected to boost the synthetic zeolites market. Because of the high humidity in the environment, zeolite desiccant products are widely used where the rate of evaporation is low. It absorbs excess moisture from the air and keeps the materials dry and sanitary.
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SYNTHETIC ZEOLITES MARKET SHARE ANALYSIS
Based on type, Type X is expected to be the most lucrative during the forecast period. Type X zeolites are sorbents and catalysts that belong to the Faujasite family of zeolites. Type X zeolites have a silica-to-alumina ratio of 1–1.5. 13X is a type X zeolite with the largest pore size of 10A that is commercially available. It is used in gas drying applications and has a Faujasite framework.
Based on region, North America is expected to be the most lucrative.
Based on application, detergents are expected to be the most lucrative. Zeolites are primarily used as an ion exchange water softener in the detergent industry to aid in the removal of calcium and magnesium while softening hard water.
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Synthetic Zeolites Market By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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Synthetic Zeolites Market By Company
- Honeywell UOP
- CECA (Arkema)
- BASF
- Zeochem AG
- Tosoh
- W.R. Grace
- Zeolyst
- Clariant
- KNT Group
- Huiying Chemical Industry
- Silkem Ltd
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SIMILAR REPORTS
- In 2020, the global Synthetic and Natural Zeolites market size was USD 2940 million and it is expected to reach USD 3740.5 million by the end of 2027, with a CAGR of 3.5% during 2021-2027.
- The global Artificial Zeolite market was valued at USD 1438 million in 2020 and it is expected to reach USD 1566.2 million by the end of 2027, growing at a CAGR of 0.5% during 2021-2027.
- The global Zeolite Powder market size is estimated to be worth USD 2940 million in 2022 and is forecast to be a readjusted size of USD 3614 million by 2028 with a CAGR of 3.5% during the review period.
- The global Zeolite market was valued at USD 2940 million in 2020 and it is expected to reach USD 3748 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.
- The global Natural Zeolites market was valued at USD 420 million in 2020 and it is expected to reach USD 435.3 million by the end of 2027, growing at a CAGR of 3.4% during 2021-2027.
- The global Specialty Zeolites market size is estimated to be worth USD 50 million in 2022 and is forecast to be a readjusted size of USD 58 million by 2028 with a CAGR of 2.6% during the review period.
- The global High Silica Zeolite market was valued at USD 153.5 million in 2020 and it is expected to reach USD 198 million by the end of 2027, growing at a CAGR of 3.7% during 2021-2027.
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