The global zeolite molecular sieve market size reached US$ 3.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.25% during 2023-2032.
A zeolite molecular sieve refers to a crystalline porous material with a definitive pore size. It appears as small, opaque and pink-colored beads that act as a catalyst in various chemical processes. It is manufactured using aluminosilicate solids with uniform size and definite structure and consists of other elements, such as sodium, potassium, magnesium and calcium. The molecular sieve is commonly used to manufacture detergents, for adsorption and separation in water treatment applications and dehydration of ethanol, air, refrigerants, methane and cracked gases. It also offers electroneutrality and facilitates selective absorption of materials based on particle size and polarity.
Significant growth in the oil and gas industry represents one of the key factors driving the market. Furthermore, the growing requirement for efficient water treatment systems across the globe is also stimulating the market growth. The molecular sieve is used for removing hazardous organic materials in wastewater, such as pesticides, herbicides, phenols, polycyclic aromatic hydrocarbons (PAHs), aliphatic and heterocyclic compounds and macro-porous materials. In line with this, widespread adoption of high-quality detergents resulting from the increasing hygiene awareness among the masses is also contributing to the market growth.
The zeolite molecular sieve is used as an effective binder in both liquid and powder detergents, as it is environment-friendly and assists in eliminating calcium and magnesium ions from water for an effective wash. Additionally, various product innovations, such as the development of silver infused sieves with antimicrobial properties, are also favoring the market growth. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
2. What is the expected growth rate of the global zeolite molecular sieve market during 2024-2032?
3. What has been the impact of COVID-19 on the global zeolite molecular sieve market?
4. What are the key factors driving the global zeolite molecular sieve market?
5. What is the breakup of the global zeolite molecular sieve market based on the material?
6. What is the breakup of the global zeolite molecular sieve market based on the end use industry?
7. What are the key regions in the global zeolite molecular sieve market?
8. Who are the key players/companies in the global zeolite molecular sieve market?
A zeolite molecular sieve refers to a crystalline porous material with a definitive pore size. It appears as small, opaque and pink-colored beads that act as a catalyst in various chemical processes. It is manufactured using aluminosilicate solids with uniform size and definite structure and consists of other elements, such as sodium, potassium, magnesium and calcium. The molecular sieve is commonly used to manufacture detergents, for adsorption and separation in water treatment applications and dehydration of ethanol, air, refrigerants, methane and cracked gases. It also offers electroneutrality and facilitates selective absorption of materials based on particle size and polarity.
Significant growth in the oil and gas industry represents one of the key factors driving the market. Furthermore, the growing requirement for efficient water treatment systems across the globe is also stimulating the market growth. The molecular sieve is used for removing hazardous organic materials in wastewater, such as pesticides, herbicides, phenols, polycyclic aromatic hydrocarbons (PAHs), aliphatic and heterocyclic compounds and macro-porous materials. In line with this, widespread adoption of high-quality detergents resulting from the increasing hygiene awareness among the masses is also contributing to the market growth.
The zeolite molecular sieve is used as an effective binder in both liquid and powder detergents, as it is environment-friendly and assists in eliminating calcium and magnesium ions from water for an effective wash. Additionally, various product innovations, such as the development of silver infused sieves with antimicrobial properties, are also favoring the market growth. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global zeolite molecular sieve market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on material, grade, application and, end use industry.Breakup by Material:
- Natural Zeolite
- Artificial Zeolite
Breakup by Grade:
- Type 3A
- Type 4A
- Type 13X
- Others
Breakup by Application:
- Catalyst
- Adsorbent
- Desiccants
Breakup by End Use Industry:
- Oil and Gas Industry
- Agricultural Industry
- Chemical Industry
- Pharmaceutical Industry
- Water Treatment Industry
- Construction Industry
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Arkema Group, BASF SE, CWK Chemiewerk Bad Köstritz GmbH, Honeywell UOP (Honeywell), Interra Global Corporation, KNT Group, Tosoh Corporation, Tricat Group, W. R. Grace & Company and Zeochem AG (Cph Chemie & Papier).Key Questions Answered in This Report
1. What was the size of the global zeolite molecular sieve market in 2023?2. What is the expected growth rate of the global zeolite molecular sieve market during 2024-2032?
3. What has been the impact of COVID-19 on the global zeolite molecular sieve market?
4. What are the key factors driving the global zeolite molecular sieve market?
5. What is the breakup of the global zeolite molecular sieve market based on the material?
6. What is the breakup of the global zeolite molecular sieve market based on the end use industry?
7. What are the key regions in the global zeolite molecular sieve market?
8. Who are the key players/companies in the global zeolite molecular sieve market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Zeolite Molecular Sieve Market
6 Market Breakup by Material
7 Market Breakup by Grade
8 Market Breakup by Application
9 Market Breakup by End Use Industry
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Arkema Group
- BASF SE
- CWK Chemiewerk Bad Köstritz GmbH
- Honeywell UOP (Honeywell)
- Interra Global Corporation
- KNT Group
- Tosoh Corporation
- Tricat Group
- W. R. Grace & Company
- Zeochem AG (Cph Chemie & Papier)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 3.9 Billion |
| Forecasted Market Value ( USD | $ 5.2 Billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
