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Zeolites Market Size (2024 - 2029)

The zeolite market is experiencing a recovery and growth trajectory, driven by increasing demand in the water treatment sector and its application as refrigeration adsorbents. Despite challenges posed by the COVID-19 pandemic, which affected production due to raw material shortages and shutdowns, the market is rebounding. The market's expansion is somewhat constrained by the use of zeolite substitutes, but opportunities arise from the growing demand for compact detergents. The Asia-Pacific region leads in market consumption, with significant contributions from countries like China and India.

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Market Size of Zeolites Industry

Zeolites Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 2.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Zeolites Market Major Players

*Disclaimer: Major Players sorted in no particular order

Zeolite Market Analysis

The zeolites market is expected to record a CAGR of over 2.5% during the forecast period.

The COVID-19 pandemic significantly impacted the manufacturing operations of zeolites and their raw materials. Global zeolite production witnessed a decline during the first half of 2021. It is due to the raw materials, labor shortage, and government-mandated plant shutdowns. However, the market is recovering after the pandemic with the growing demand in the water treatment industry.

  • The major factors driving the market studied are increasing demand from the water treatment industry and increasing zeolite use as refrigeration adsorbents.
  • The usage of zeolite substitutes is expected to hinder the market's growth.
  • Moreover, the increasing demand for compact detergents will likely act as an opportunity for the market studied in the forecast period.
  • Asia-Pacific dominated the global market, with the largest consumption from countries such as China and India.

Zeolite Industry Segmentation

Zeolites are solid minerals composed of aluminum, silicon, and oxygen, forming a framework of cavities that can hold water or other small molecules. This three-dimensional crystalline structure is also known as a molecular sieve due to its gaps. Zeolites are either mined from volcanic rocks or synthesized industrially on a large scale from aluminosilicate gels. The zeolites market is segmented by product type, application, end-user industry, and geography. By product type, the market is segmented into natural and synthetic. Based on application, the market is segmented into adsorbents, catalysts, detergents, and other applications. Based on the end-user industry, the market is segmented into water treatment, air purification, agriculture, petrochemical, construction, and other end-user industries. The report also covers the market sizes and forecasts for the zeolites market in 15 countries across major regions. The market sizing and forecasts are based on each segment's value (USD million).

Product Type
Natural
Synthetic
Application
Adsorbents
Catalysts
Detergents
Other Applications (Refining, Biogas)
End-user Industry
Water Treatment
Air Purification
Agriculture
Petrochemical
Construction
Other End-user Industries (Medical, Nuclear Industry)
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Zeolites Market Size Summary

The zeolite market is poised for steady growth, driven by increasing demand from the water treatment and refrigeration industries. Despite the challenges posed by the COVID-19 pandemic, which led to a temporary decline in production due to raw material shortages and labor issues, the market is on a recovery path. The Asia-Pacific region, particularly China and India, dominates the global market, with significant consumption driven by industrial and agricultural applications. Zeolites are extensively used in fertilizers and soil amendments due to their high ion exchange and water retention capacities, which help in trapping undesirable metals and enhancing soil quality. The North American agricultural sector, while facing economic challenges, continues to contribute to the demand for zeolites, especially in the context of biofuel and bioenergy consumption in Europe.

In China, the construction industry's growth and the need for advanced wastewater treatment technologies due to severe water pollution are expected to boost zeolite consumption. The country's agricultural sector, being a major global player, also contributes significantly to the zeolite market. Additionally, the increasing capacity of refineries to meet the rising demand for chemicals and petrochemicals further supports market growth. The zeolite market is consolidated, with major players like BASF SE, Honeywell International Inc., Clariant, Tosoh Corporation, and Arkema Group leading the industry. Strategic investments and collaborations, such as those by International Zeolite Corp., are aimed at enhancing market capabilities and expanding into agricultural and green tech segments.

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Zeolites Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Water Treatment Industry

      2. 1.1.2 Increasing Use of Zeolite as Refrigeration Adsorbents

      3. 1.1.3 Significant Usage of Zeolites for Catalytic Cracking in the Petroleum Industry

    2. 1.2 Restraints

      1. 1.2.1 Usage of Substitutes for Zeolites

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Product Type

      1. 2.1.1 Natural

      2. 2.1.2 Synthetic

    2. 2.2 Application

      1. 2.2.1 Adsorbents

      2. 2.2.2 Catalysts

      3. 2.2.3 Detergents

      4. 2.2.4 Other Applications (Refining, Biogas)

    3. 2.3 End-user Industry

      1. 2.3.1 Water Treatment

      2. 2.3.2 Air Purification

      3. 2.3.3 Agriculture

      4. 2.3.4 Petrochemical

      5. 2.3.5 Construction

      6. 2.3.6 Other End-user Industries (Medical, Nuclear Industry)

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle East & Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle East & Africa

Zeolites Market Size FAQs

The Zeolites Market is projected to register a CAGR of greater than 2.5% during the forecast period (2024-2029)

BASF SE, Honeywell International Inc, Clariant, Tosoh Corporation and Arkema Group are the major companies operating in the Zeolites Market.

Zeolites Market Report Snapshots

Zeolite Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)