Zeolite is originally a naturally occurring aluminosilicate. The three-dimensional structure of the molecule is one of key property of the mineral which helps in selective filtration. The pores in the structure take the smaller sized particles and exclude the larger particles, thus leading to selective filtration. Furthermore, electro neutrality and high absorption capacity of the zeolite molecular sieve is also one of the key properties of the mineral that have made zeolites commercially successful.
The global Zeolite Molecular Sieve market size is expected to reach close to USD 5,885.92 Billion by 2029 with an annualized growth rate of 4.8% through the projected period.
Zeolite molecular sieves are widely used in detergents industry. They are used in manufacturing of detergents, where they help in increasing the effectiveness of the detergent by softening the water. Detergents are very widely used for domestic purpose for cleaning. Growing consumer awareness for efficient sanitation has led to stable growth of the detergent industry which is one of the major driving factors for zeolite molecular sieve market. Apart from detergents, zeolite molecular sieves are also used as a catalyst in chemical preparations; filter in waste water treatment and in handling oil spills. Owing to these factors, the global zeolite molecular sieve market is anticipated to witness notable growth during the forecast period.
In terms of market competition, zeolite molecular sieve market is a fragmented industry with presence of large number of players present across the globe. Arkema Group, BASF SE, Tosoh Corporation, Interra Global Corporation, Zeochem AG, UOP LLC, Honeywell International Inc, Solvay Chemicals, Merck Co. Inc. and Grace Catalysts Technologies are some of the key players that have significant presence in the global market.
Zeolite Molecular Sieve Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2029 |
Study Period | 2018-2029 |
Forecast Unit | Value (USD) |
Revenue forecast in 2029 | USD 5,885.92 Billion |
Growth Rate | CAGR of 4.8 % during 2019-2029 |
Segment Covered | By product shape, Region |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Sorbead India (India), Tosoh Corporation (Japan), Arkema S.A., Siliporite, (France), BASF SE (Germany), Honeywell International Inc, Honeywell Fluka (US), Grace & Co, SYLOBEAD & SYLOSIV (US), KNT Group (Russia), Zeochem AG (Switzerland), Merck KGaA (Germany), MolsivCN (China), UNION SHOWA KK (Japan), Van Air, Inc (US) |
Key segments of the global zeolite molecular sieve market
Applications Overview, (USD Billion)
- Detergents
- Catalysts
- Others
Regional Overview, (USD Billion)
- North America
- US
- Rest of North America
- Europe
- UK
- France
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa