Insights on the Zeolite Molecular Sieve Global Market to 2027
Global Zeolite Molecular Sieve Market
Dublin, Jan. 23, 2023 (GLOBE NEWSWIRE) -- The "Zeolite Molecular Sieve Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.The global zeolite molecular sieve market size reached US$ 3.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4.5 Billion by 2027, exhibiting a CAGR of 3.32% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.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.
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 Kostritz 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:
How has the global zeolite molecular sieve market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global zeolite molecular sieve market?
What are the key regional markets?
What is the breakup of the market based on the material?
What is the breakup of the market based on the grade?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global zeolite molecular sieve market and who are the key players?
What is the degree of competition in the industry?
Report Attribute
Details
No. of Pages
145
Forecast Period
2021 - 2027
Estimated Market Value (USD) in 2021
$3.7 Billion
Forecasted Market Value (USD) by 2027
$4.5 Billion
Compound Annual Growth Rate
3.3%
Regions Covered
Global
Key Topics Covered: 1 Preface 2 Scope and Methodology
3 Executive Summary 4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Zeolite Molecular Sieve Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Material6.1 Natural Zeolite6.1.1 Market Trends6.1.2 Market Forecast6.2 Artificial Zeolite6.2.1 Market Trends6.2.2 Market Forecast7 Market Breakup by Grade7.1 Type 3A7.1.1 Market Trends7.1.2 Market Forecast7.2 Type 4A7.2.1 Market Trends7.2.2 Market Forecast7.3 Type 13X7.3.1 Market Trends7.3.2 Market Forecast7.4 Others7.4.1 Market Trends7.4.2 Market Forecast8 Market Breakup by Application8.1 Catalyst8.1.1 Market Trends8.1.2 Market Forecast8.2 Adsorbent8.2.1 Market Trends8.2.2 Market Forecast8.3 Desiccants8.3.1 Market Trends8.3.2 Market Forecast9 Market Breakup by End Use Industry9.1 Oil and Gas Industry9.1.1 Market Trends9.1.2 Market Forecast9.2 Agricultural Industry9.2.1 Market Trends9.2.2 Market Forecast9.3 Chemical Industry9.3.1 Market Trends9.3.2 Market Forecast9.4 Pharmaceutical Industry9.4.1 Market Trends9.4.2 Market Forecast9.5 Water Treatment Industry9.5.1 Market Trends9.5.2 Market Forecast9.6 Construction Industry9.6.1 Market Trends9.6.2 Market Forecast9.7 Others9.9.1 Market Trends9.9.2 Market Forecast10 Market Breakup by Region
11 SWOT Analysis 12 Value Chain Analysis 13 Porters Five Forces Analysis 14 Price Analysis 15 Competitive Landscape15.1 Market Structure15.2 Key Players15.3 Profiles of Key Players15.3.1 Arkema Group15.3.1.1 Company Overview15.3.1.2 Product Portfolio15.3.1.3 Financials15.3.1.4 SWOT Analysis15.3.2 BASF SE15.3.2.1 Company Overview15.3.2.2 Product Portfolio15.3.2.3 Financials15.3.2.4 SWOT Analysis15.3.3 CWK Chemiewerk Bad Kostritz GmbH15.3.3.1 Company Overview15.3.3.2 Product Portfolio15.3.4 Honeywell UOP (Honeywell)15.3.4.1 Company Overview15.3.4.2 Product Portfolio15.3.5 Interra Global Corporation15.3.5.1 Company Overview15.3.5.2 Product Portfolio15.3.6 KNT Group15.3.6.1 Company Overview15.3.6.2 Product Portfolio15.3.7 Tosoh Corporation15.3.7.1 Company Overview15.3.7.2 Product Portfolio15.3.7.3 Financials15.3.7.4 SWOT Analysis15.3.8 Tricat Group15.3.8.1 Company Overview15.3.8.2 Product Portfolio15.3.9 W. R. Grace & Company15.3.9.1 Company Overview15.3.9.2 Product Portfolio15.3.9.3 Financials15.3.9.4 SWOT Analysis15.3.10 Zeochem AG (Cph Chemie & Papier)15.3.10.1 Company Overview15.3.10.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/huhhvq
Attachment
Global Zeolite Molecular Sieve Market
ResearchAndMarkets.com's Competitive Landscape: Key Questions Answered in This Report: Report Attribute Details Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 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 12 Value Chain Analysis 13 Porters Five Forces Analysis 14 Price Analysis 15 Competitive Landscape Attachment