The global Zeolite Molecular Sieve Market research report published by Reports and Data is a comprehensive assessment of the Zeolite Molecular Sieve industry with regards to top companies in the market, market share, market size, regional bifurcation, and segments and sub-segments of the market. The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry. The report discusses in detail the key factors expected to drive and restrain market growth over the forecast period. Each chapter of the report has been formulated through extensive primary and secondary research to offer valuable and actionable insights into the global Zeolite Molecular Sieve market.
Detergents accounted for around 70% of the global zeolite molecular sieve market volume share in 2019. It is used in detergents due to its ability to produce demineralized water through calcium ion exchange, which aids in the removal of all kinds of dirt. This has resulted in enhanced demand for zeolite molecular sieves from the detergent segment. Zeolite molecular sieves are extensively used in the petroleum industry as catalysts that are expected to drive industry growth.
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Furthermore, increasing water treatment activities for treating wastewater along with purification of water is estimated to drive product demand as adsorbents. However, the presence of metals, enzymes, and other chemical compounds as a substitute for zeolite catalysts is anticipated to hamper the market growth. The emergence of silver-infused sieves as an antimicrobial is anticipated to open new opportunities for market growth over the forecasted period.
Market Overview:
The chemicals and materials industry produces a massive variety of products consumed by people across the world on a daily basis. While several products, namely detergents, perfumes, soaps, and others are bought directly by the consumers, the others are used as ingredients to make numerous products. For instance, in Europe, nearly 70% of the chemicals that are manufactured are used to make other products. The industry uses a wide range of raw materials ranging from oil, minerals, air, and others. With growing competition among industry players, innovation remains vital in discovering new paths to meet the needs of sophisticated, demanding, and environmentally conscious consumers.
The competitiveness within the chemical industry and among the chemicals, the chemical industry spends large amounts on research, particularly in the highly industrialized countries, which will foster market size in the coming years.
Some of the key players profiled in the report include Tosoh Corporation, Arkema Group, BASF SE, Interra Global Corporation, UOP LLC, Zeochem AG, Grace Catalysts Technologies, Chemiewerk Bad Köstritz, Tricat Group, and KNT Group, among others.
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The report covers the assessment of the key regional areas of the globe where the Zeolite Molecular Sieve market is spread. The regions analyzed include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Raw Material Outlook (Revenue, USD Billion; 2017-2027)
- Natural Zeolite
- Synthetic Zeolite
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Agricultural Products
- Air Purification
- Automobile Industry
- Cosmetics
- Detergents
- Paints and Plastics Industry
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Detergents
- Catalysts
- Others
Key Points Illustrated in the Regional Analysis:
- Regional contribution to the overall market revenue
- Forecast revenue share of each regional market
- Vital information and data related to the production and consumption rates in all the regions
- Factors driving the regional market growth over the forecast period
- Leading products and application segments in each regional market
- Presence of key market competitors in each of these regions
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