Zeolite Molecular Sieves Market - Forecast(2023 - 2028)
Overview
Zeolite Molecular Sieves Market size is forecast to reach $4.39 billion by 2025, after growing at a CAGR of 5.65% during 2020-2025. Increasing demand for oil and gas processing is expected to drive the market together with increased awareness for the treatment of hazardous organic materials in wastewater. As a manufacturing of liquid and powdered detergents is increasing, the growing demand of detergents is projected to drive demand due to increasing customer hygiene awareness.
Key Takeaways
- Oil & Gas industry has dominated the market and is expected to grow over the forecast period as a result of increasing worldwide oil and gas activities.
- Anti-microbial Zeolite Molecular Sieves production is likely to serve in the future as an opportunity.
- Moreover, rising wastewater treatment and water purification activities are expected to boost the market for products as adsorbents.
- But the presence as a replacement for zeolite catalysts of enzymes, metals and other chemical compounds is expected to impede growth in the industry. During the projected timeframe, the introduction of silver infused sieves as an antimicrobial will open up new opportunities for market development.
- Growing demand for the use of green technologies and the development of anti-microbial molecular zeolite sieves will probably give market opportunities during the forecast period.
Raw Material - Segment Analysis
For many years, the natural zeolite segment has been Zeolite Molecular Sieves primary market. This fulfills a range of essential functions such as natural gas drying and gas stream separation and provides superior dispersion efficiency to lower the rate of gas and liquid diffusion. The rising demand for natural zeolite has been fueled by the oil and gas industry, which is driving the market growth.
End-Use Industry - Segment Analysis
Detergents sector has been the primary market for Zeolite Molecular Sieves for many years at a CAGR of 4.36%. As a result of increased customer awareness of hygiene, rising demand for detergents is expected to rise in the industry. Due to expanding the oil & gas industry, catalysts are projected to be the fastest growing segment in the field of zeolite molecular industry. The rising demand is projected to push market for high-performance catalysts with higher output. This is also used as a wastewater treatment adsorbent and as a gasses separator for other applications. In the period predicted, the growth of the gas-and waste-water processing industry would boost market demand
Geography - Segment Analysis
Europe dominated the Zeolite Molecular Sieves Market share with more than 38.61%, followed by North America and APAC. Regulatory tendency to restrict emissions of greenhouse gases coupled with a robust refrigerant and detergent manufacturing base are expected to increase in fuel in Germany, France, the Netherlands and Belgium. The Renewable Energy Directive (RED), which required 20% of EU bio-energy production by 2020, was adopted by the European Commission in 2009. This policy is expected to increase bio-based chemicals production.
The highest growth in the industry is expected in the Asia-Pacific during the forecast period as the demand for detergents and catalysts increases. Growing focus by many governments on environmental conservation has led to the growing use of zeolites to purify water and gas streams. The rapid industrialization of Latin America is expected to display an above-average growth. Catalysts represented more than 50% of the income share of the market's largest application segment in the zeolite molecular sieve of Latin America.
Drivers – Zeolite Molecular Sieves Market
- Rising Awareness for Treatment of Hazardous Organic Materials in Wastewater
Due to its need for industrial and residential purposes, wastewater treatment has become an extremely challenging issue in recent times. Specific organic compounds, such as pesticides, PCBs, herbicides, phenols, polycyclic aromatic hydrocarbons (PAHs), aliphatic and heterocyclic compounds, macroporous material are included in the wastewater, thereby influencing the production and living of industrial and agricultural goods. Large concentrations of these pollutants absorb the oxygen available in water and even destroy the natural aquatic environment. Zeolites are the best-known adsorbents, as activated carbon is a high cost for regeneration and growth. Zeolites consist of natural or synthetic hydrated alumino silicate minerals that include alkaline earth and alkaline metals in nature. To remove dyes, inks, and other organic waste from wastewater, zeolites can be used. The rising need for reuse water treatment is driving the region's Zeolite Molecular Sieves Market.
Challenges – Zeolite Molecular Sieves Market
- Threat from Substitutes
Threat from Chemical Composites, Enzymes, and Other Substitutes is likely to hinder the growth of the market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Zeolite Molecular Sieves Market. In 2018, the market of Zeolite Molecular Sieves has been consolidated by the top five players accounting for xx% of the share. Major players in the Zeolite Molecular Sieves Market are Tricat Group, Luoyang Jiandong Chemical Industry Co. Ltd., Sorbead India, Pingxiang XINTAO Chemical Packing Co. Ltd, N Shashikant & Co., and Patalia Chem Industries, among others.
Acquisitions/Technology Launches
- In November 2017, Clariant China signed a MOU with the University of Shanghai to engage in long-term exchange and R&D collaboration.
1. Zeolite Molecular Sieves Market - Overview
1.1 Definitions and Scope
2. Zeolite Molecular Sieves Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Zeolite Molecular Sieves Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Zeolite Molecular Sieves Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Zeolite Molecular Sieves Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Zeolite Molecular Sieves Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Zeolite Molecular Sieves Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Zeolite Molecular Sieves Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Zeolite Molecular Sieves Market - By Raw Material (Market Size -$Million / $Billion)
11.1 Zeolite Molecular Sieves Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Zeolite Molecular Sieves- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Zeolite Molecular Sieves- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Zeolite Molecular Sieves - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Zeolite Molecular Sieves - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Zeolite Molecular Sieves Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Zeolite Molecular Sieves Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Zeolite Molecular Sieves Market - Key Company List by Country Premium
15. Zeolite Molecular Sieves Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Arkema
15.3 Axens
15.4 Basf
15.5 Calgon Carbon
15.6 Chemiewerk Bad Kostritz
15.7 Clariant
15.8 Hengye Group
15.9 Jiuzhou Chemical
15.10 Knt Group
15.11 Sorbead
15.12 Tosoh Corp
15.13 Tricat
15.14 W.R. Grace
15.15 Zeochem
15.16 Zeolyst
15.17 Company 16
15.18 Company 17 & More
16.1 Abbreviations
16.2 Sources
17. Zeolite Molecular Sieves Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
1.1 Definitions and Scope
2. Zeolite Molecular Sieves Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Zeolite Molecular Sieves Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Zeolite Molecular Sieves Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Zeolite Molecular Sieves Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Zeolite Molecular Sieves Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Zeolite Molecular Sieves Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Zeolite Molecular Sieves Market - By Product Type(Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Zeolite Molecular Sieves Market - By Raw Material (Market Size -$Million / $Billion)
9.1 Natural Zeolite
9.2 Synthetic Zeolite
10. Zeolite Molecular Sieves - End-user Industry (Market Size -$Million / $Billion) 10.1 Agricultural Products
10.2 Air Purification
10.3 Automotive Industry
10.4 Cosmetics
10.5 Detergent
10.6 Heating & Refrigeration Industry
10.7 Industrial Gas Production
10.8 Paints & Plastics Industry
10.9 Petrochemical Industry
10.10 Pharmaceutical Industry
10.11 Waste & Water Treatment
11. Zeolite Molecular Sieves- By Geography (Market Size -$Million / $Billion)11.1 Zeolite Molecular Sieves Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Zeolite Molecular Sieves- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Zeolite Molecular Sieves- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Zeolite Molecular Sieves - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Zeolite Molecular Sieves - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Zeolite Molecular Sieves Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Zeolite Molecular Sieves Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Zeolite Molecular Sieves Market - Key Company List by Country Premium
15. Zeolite Molecular Sieves Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Arkema
15.3 Axens
15.4 Basf
15.5 Calgon Carbon
15.6 Chemiewerk Bad Kostritz
15.7 Clariant
15.8 Hengye Group
15.9 Jiuzhou Chemical
15.10 Knt Group
15.11 Sorbead
15.12 Tosoh Corp
15.13 Tricat
15.14 W.R. Grace
15.15 Zeochem
15.16 Zeolyst
15.17 Company 16
15.18 Company 17 & More
*Financials would be provided on a best efforts basis for private companies
16. Zeolite Molecular Sieves Market - Appendix16.1 Abbreviations
16.2 Sources
17. Zeolite Molecular Sieves Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends