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Insights on the Zeolite Molecular Sieve Global Market to 2027 - Significant Growth in the Oil and Gas Industry Fuels the Market
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 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Zeolite Molecular Sieve Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
6.1 Natural Zeolite
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Artificial Zeolite
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Grade
7.1 Type 3A
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Type 4A
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Type 13X
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Catalyst
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Adsorbent
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Desiccants
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Oil and Gas Industry
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Agricultural Industry
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Chemical Industry
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Pharmaceutical Industry
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Water Treatment Industry
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Construction Industry
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arkema Group
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 BASF SE
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 CWK Chemiewerk Bad Kostritz GmbH
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Honeywell UOP (Honeywell)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Interra Global Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 KNT Group
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Tosoh Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Tricat Group
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 W. R. Grace & Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Zeochem AG (Cph Chemie & Papier)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/huhhvq
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