Synthetic Zeolites Market Size, Share, Industry Report 2031
Synthetic Zeolites Market Size, Share, Industry Report 2031
Segments - Synthetic Zeolites Market by Type (Zeolite A, Zeolite P, Zeolite X, Zeolite Y, Zeolite ZSM 5, Zeolite Beta, Others), by Function (Adsorbents, Catalysts, Ion Exchanger) and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends and, Forecast 2023 – 2031
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Report Description
Market Outlook:
The Global Synthetic Zeolites Market was estimated at USD 4,304.7 Million in 2022 and is anticipated to reach USD 7,566.6 Million by 2031, expanding at a CAGR of 6.6% during the forecast period.
Zeolites are aluminosilicates with an open structure consisting of a three-dimensional network of AlO4 tetrahedra and SiO4 sharing all corners with each other.
Synthetic zeolites are powdered molecular sieves. It is used to remove moisture traces from sealants, paints, adhesives, and resins. It is a desiccant that suppresses odors when added during the manufacturing process.
Synthetic zeolite is available in powder or paste form. It is used in systems of 2-component polyurethane. Synthetic zeolite adsorbs other impurities and water in the production of some plastics.
Macro-economic Factors
Research and Development
Companies, governments, and institutions are engaged in research and development to develop products or improve the existing ones.
Many advances have been undertaken to manufacture different types of synthetic zeolites to meet the growing demand. For instance, two-dimensional zeolites, also known as nanosheet zeolites, have registered significant advancement, due to their superior catalytic activity as compared to traditional zeolites. Incredibly thin nanosheet structure of the zeolites provide more accessible active sites, shortening diffusion paths and allowing large molecules to participate in catalytic processes. Substantial research has been undertaken in the applications of nanosheet zeolites as a catalyst in the conversion of methanol, catalytic cracking, oxidation/reduction, isomerization, alkylation, lignocellulose conversion, and other reactions.
Sustainability
Synthetic zeolites are increasingly replacing phosphate as a builder in the production of detergents. This is attributed to the environment friendly property of synthetic zeolite as compared to phosphate ion. Moreover, synthetic zeolites are used for environment remediation, as they adsorb impurities from the environment. Furthermore, many research studies are undertaken to manufacture synthetic zeolites through sustainable methods. Manufacturers are shifting towards the use of green electricity, as synthetic zeolites consume a lot of energy during production.
Market Dynamics
Market Driver- Increasing Demand from the End-use Industry
The synthetic zeolites market is driven by the increasing demand from the petrochemical industry, as they are used in the petrochemical industry as a catalyst. These synthetic zeolites play a key role in enhancing reaction rates in fluidized catalytic cracking and hydrocracking. Volatile organic compounds are formed during many petrochemical reactions, which are hazardous to the environment and health. This kind of emissions fuels the demand for synthetic zeolites, as synthetic zeolites act as an adsorbent for the removal of volatile organic compounds. Increasing demand from various industrial sectors such as the oil & gas industry.
Synthetic zeolites are widely used as catalysts and adsorbents in refineries and petrochemical processes. They play a key role in purifying crude oil, removing sulfur compounds, and converting raw materials into high-value products. Growing demand for cleaner fuels and tightening environmental regulations are forcing oil & gas manufacturers to invest in modern refining technologies. Synthetic zeolites are popular in the oil & gas industry due to their high efficiency, selectivity, efficiency, and stability. Expanding refining capacity in emerging markets and increasing focus on sustainable energy solutions are anticipated to increase the demand for synthetic zeolites.
Market Driver- Shifting Preference Towards Synthetic Zeolites to Replace Phosphate In Detergents
Increasing demand for detergents and household products is driving the synthetic zeolite market. Zeolites such as Zeolite A and Zeolite X are often used as detergent builders. It can soften water because it has good ion exchange properties. Calcium ions and magnesium ions are reduced, and the cleaning effect of the detergent is enhanced. The increasing preference for zeolite-based detergents is driving the market expansion. Synthetic zeolites exhibit excellent performance. The environmentally friendly impact and improved cleaning performance make them the preferred choice among detergent manufacturers.
Zeolite A is the most commonly used substitute for phosphate in detergents. It has proven to be a cost-effective alternative to Sodium Tripolyphosphate (STPP ) as a detergent builder, in terms of socioeconomic and environmental impact.
Market Restraint- Raw Material Price Fluctuation and High Production Cost
The synthetic zeolite market is hampered due to several factors, including strict environmental regulations in the manufacturing process, fluctuations in raw material prices, and high production costs. Additionally, increasing competition from environmentally friendly and cost-effective alternatives such as metal-organic frameworks (MOFs), activated carbon, and silica gel poses a major challenge for the market growth. Raw material prices are rising, and manufacturers are facing various issues throughout the supply chains. They are still dealing with the two supply chain obstacles namely, slow supply deliveries and unavailability of labor, that hampered industries during the pandemic.
Insufficient source of raw materials is one of the reasons for the fluctuation in raw material prices. High cost associated with these materials fluctuates, due to which price fluctuation and supply disruption of synthetic zeolites are directly affecting the manufacturing of synthetic zeolites is impeding the market.
Scope of the Report
The report on the global synthetic zeolites market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Synthetic Zeolites Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016 and 2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
By Type (Zeolite A, Zeolite P, Zeolite X, Zeolite Y, Zeolite ZSM 5, Zeolite Beta, Others), By Function (Adsorbents, Catalysts, Ion Exchanger) |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered |
Arkema, BASF SE, CHINA CATALYST HOLDING CO.,LTD., CLARIANT, CWK Chemiewerk Bad Köstritz GmbH, FUJIFILM Wako Pure Chemical Corporation, Gujarat Credo Mineral Industries Ltd., Honeywell International Inc., Tosoh Corporation, W. R. Grace & Co.-Conn., Zeochem and Zeolyst International |
Segmental Outlook
Based on type, the global synthetic zeolites market is segmented Zeolite A, Zeolite P, Zeolite X, Zeolite Y, Zeolite ZSM 5, Zeolite Beta, Others. The Zeolite A segment held significant share in the market 2022 and is expected to grow at substantial rate during the forecast period. The growth of this segment is attributed to its application as adsorbent, catalyst, and ion-exchange in different industries. This type of zeolites offers efficiency and stability during industrial process.
Based on function, the global synthetic zeolites market is segmented into adsorbents, catalysts, ion exchanger. The adsorbents segment is dominating in the market. The adsorbent segment is projected to expand at a significant CAGR during the forecast period. Increasing demand for synthetic zeolites from various end-use industries is boosting the market. Growing preference for synthetic zeolites in the form of adsorbents and increasing diffusion of resources are contributing to the growth of the market. Synthetic zeolites are non-flammable, thermally stable, and hydrophobic, making them effective adsorbents for the removal of volatile organic compounds (VOC).
Regional Outlook
On the basis of regions, the global synthetic zeolites market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Europe held substantial market share in 2022, due to established chemical industry and growing demand for environmentally friendly and energy-efficient products in the region. Increasing research and development (R&D) activities in the manufacturing process of detergents is driving the demand for synthetic zeolites. The region has imposed strict regulations on the use of environmentally harmful substances. Synthetic zeolites are increasingly being used to replace traditional materials in a variety of applications. Additionally, the growing awareness of water treatment and air purification is boosting the demand for synthetic zeolites in the region.
Key Benefits for Industry Participants & Stakeholders
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In-depth Analysis of the Global Synthetic Zeolites Market
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Historical, Current, and Projected Market Size in terms of Value
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Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
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Industry Drivers, Restraints, and Opportunities Covered in the Study
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Recent Industry Trends and Developments
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Competitive Landscape & Strategies of Key Players
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Neutral Perspective on Global Axial Fans Market Performance
Segments
By Type
- Zeolite A
- Zeolite P
- Zeolite X
- Zeolite Y
- Zeolite ZSM 5
- Zeolite Beta
- Others
By Function
- Adsorbents
- Separation Membranes
- Moisture Control & Odor Control Products
- Oxygen Concentrator
- VOC Concentrator
- Others
- Catalysts
- Ion Exchanger
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Market Players Profiled in the Report
- Arkema
- BASF SE
- CHINA CATALYST HOLDING CO.,LTD
- CLARIANT
- CWK Chemiewerk Bad Köstritz GmbH
- FUJIFILM Wako Pure Chemical Corporation
- Gujarat Credo Mineral Industries Ltd.
- Honeywell International Inc.
- Tosoh Corporation
- W. R. Grace & Co.-Conn.
- Zeochem
- Zeolyst International
Competitive Landscape
- Manufacturers operating in the global synthetic zeolites market include Arkema, BASF SE, CHINA CATALYST HOLDING CO,LTD, CLARIANT, CWK Chemiewerk Bad Köstritz GmbH, FUJIFILM Wako Pure Chemical Corporation, Gujarat Credo Mineral Industries Ltd., Honeywell International Inc., Tosoh Corporation, W. R. Grace & Co.-Conn., Zeochem and Zeolyst International.
Frequently Asked Questions
The base year considered for the global synthetic zeolites market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016, and 2021 are the historic years, and the forecast is provided from 2023 to 2031.
In addition to market size (in US$ Million) Company Market Share (in % for the base year 2020). Impact Of Key Regulations, Current and Future Market Trends, Patent Analysis, Penetration & Growth Prospect Mapping, Market Entry Strategies are included for additional data analysis.
COVID-19 hampered the synthetic zeolites market moderately, as it is used in various end-use industries.
Major manufacturers include Arkema, BASF SE, CHINA CATALYST HOLDING CO.LTD., CLARIANT, CWK Chemiewerk Bad Köstritz GmbH, FUJIFILM Wako Pure Chemical Corporation, Gujarat Credo Mineral Industries Ltd., Honeywell International Inc., Tosoh Corporation, W. R. Grace & Co.-Conn., Zeochem and Zeolyst International.
Supply Chain Disruptions, Raw Material Prices, Government Regulations, and Export & Import are some of the macroeconomic factors impacting the market.
Additional company profiles can be provided on request. For a discussion related to the above findings, click Speak to Analyst.
Table Of Content
Chapter 1 Executive SummaryChapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Zeolites Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synthetic Zeolites Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Zeolites Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synthetic Zeolites Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synthetic Zeolites Market Size & Forecast, 2016-2031
4.5.1 Synthetic Zeolites Market Size and Y-o-Y Growth
4.5.2 Synthetic Zeolites Market Absolute $ Opportunity
4.6 Global Synthetic Zeolites Market: Impact Of Key Regulations
4.7 Manufacturing Process: Synthetic Zeolite
4.8 Future Trends and Innovations
Chapter 5 Global Synthetic Zeolites Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Synthetic Zeolites Market Size Forecast By Type
5.2.1 Zeolite A
5.2.2 Zeolite P
5.2.3 Zeolite X
5.2.4 Zeolite Y
5.2.5 Zeolite ZSM 5
5.2.6 Zeolite Beta
5.2.7 Others
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Synthetic Zeolites Market Analysis and Forecast By Function
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Function
6.1.2 Basis Point Share (BPS) Analysis By Function
6.1.3 Absolute $ Opportunity Assessment By Function
6.2 Synthetic Zeolites Market Size Forecast By Function
6.2.1 Adsorbents
6.2.1.1 Separation Membranes
6.2.1.2 Moisture Control & Odor Control Products
6.2.1.3 Oxygen Concentrator
6.2.1.4 VOC Concentrator
6.2.1.5 Others
6.2.2 Catalysts
6.2.3 Ion Exchanger
6.3 Market Attractiveness Analysis By Function
Chapter 7 Global Synthetic Zeolites Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Zeolites Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Synthetic Zeolites Analysis and Forecast
9.1 Introduction
9.2 North America Synthetic Zeolites Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Synthetic Zeolites Market Size Forecast By Type
9.6.1 Zeolite A
9.6.2 Zeolite P
9.6.3 Zeolite X
9.6.4 Zeolite Y
9.6.5 Zeolite ZSM 5
9.6.6 Zeolite Beta
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Synthetic Zeolites Market Size Forecast By Function
9.10.1 Adsorbents
9.10.1.1 Separation Membranes
9.10.1.2 Moisture Control & Odor Control Products
9.10.1.3 Oxygen Concentrator
9.10.1.4 VOC Concentrator
9.10.1.5 Others
9.10.2 Catalysts
9.10.3 Ion Exchanger
9.11 Basis Point Share (BPS) Analysis By Function
9.12 Absolute $ Opportunity Assessment By Function
9.13 Market Attractiveness Analysis By Function
Chapter 10 Europe Synthetic Zeolites Analysis and Forecast
10.1 Introduction
10.2 Europe Synthetic Zeolites Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Synthetic Zeolites Market Size Forecast By Type
10.6.1 Zeolite A
10.6.2 Zeolite P
10.6.3 Zeolite X
10.6.4 Zeolite Y
10.6.5 Zeolite ZSM 5
10.6.6 Zeolite Beta
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Synthetic Zeolites Market Size Forecast By Function
10.10.1 Adsorbents
10.10.1.1 Separation Membranes
10.10.1.2 Moisture Control & Odor Control Products
10.10.1.3 Oxygen Concentrator
10.10.1.4 VOC Concentrator
10.10.1.5 Others
10.10.2 Catalysts
10.10.3 Ion Exchanger
10.11 Basis Point Share (BPS) Analysis By Function
10.12 Absolute $ Opportunity Assessment By Function
10.13 Market Attractiveness Analysis By Function
Chapter 11 Asia Pacific Synthetic Zeolites Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synthetic Zeolites Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Synthetic Zeolites Market Size Forecast By Type
11.6.1 Zeolite A
11.6.2 Zeolite P
11.6.3 Zeolite X
11.6.4 Zeolite Y
11.6.5 Zeolite ZSM 5
11.6.6 Zeolite Beta
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Synthetic Zeolites Market Size Forecast By Function
11.10.1 Adsorbents
11.10.1.1 Separation Membranes
11.10.1.2 Moisture Control & Odor Control Products
11.10.1.3 Oxygen Concentrator
11.10.1.4 VOC Concentrator
11.10.1.5 Others
11.10.2 Catalysts
11.10.3 Ion Exchanger
11.11 Basis Point Share (BPS) Analysis By Function
11.12 Absolute $ Opportunity Assessment By Function
11.13 Market Attractiveness Analysis By Function
Chapter 12 Latin America Synthetic Zeolites Analysis and Forecast
12.1 Introduction
12.2 Latin America Synthetic Zeolites Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Synthetic Zeolites Market Size Forecast By Type
12.6.1 Zeolite A
12.6.2 Zeolite P
12.6.3 Zeolite X
12.6.4 Zeolite Y
12.6.5 Zeolite ZSM 5
12.6.6 Zeolite Beta
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Synthetic Zeolites Market Size Forecast By Function
12.10.1 Adsorbents
12.10.1.1 Separation Membranes
12.10.1.2 Moisture Control & Odor Control Products
12.10.1.3 Oxygen Concentrator
12.10.1.4 VOC Concentrator
12.10.1.5 Others
12.10.2 Catalysts
12.10.3 Ion Exchanger
12.11 Basis Point Share (BPS) Analysis By Function
12.12 Absolute $ Opportunity Assessment By Function
12.13 Market Attractiveness Analysis By Function
Chapter 13 Middle East & Africa (MEA) Synthetic Zeolites Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synthetic Zeolites Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Synthetic Zeolites Market Size Forecast By Type
13.6.1 Zeolite A
13.6.2 Zeolite P
13.6.3 Zeolite X
13.6.4 Zeolite Y
13.6.5 Zeolite ZSM 5
13.6.6 Zeolite Beta
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Synthetic Zeolites Market Size Forecast By Function
13.10.1 Adsorbents
13.10.1.1 Separation Membranes
13.10.1.2 Moisture Control & Odor Control Products
13.10.1.3 Oxygen Concentrator
13.10.1.4 VOC Concentrator
13.10.1.5 Others
13.10.2 Catalysts
13.10.3 Ion Exchanger
13.11 Basis Point Share (BPS) Analysis By Function
13.12 Absolute $ Opportunity Assessment By Function
13.13 Market Attractiveness Analysis By Function
Chapter 14 Competition Landscape
14.1 Synthetic Zeolites Market: Competitive Dashboard
14.2 Global Synthetic Zeolites Market: Market Share Analysis, 2022
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 BASF SE
14.3.3 CHINA CATALYST HOLDING CO.,LTD
14.3.4 CLARIANT
14.3.5 CWK Chemiewerk Bad Köstritz GmbH
14.3.6 FUJIFILM Wako Pure Chemical Corporation
14.3.7 Gujarat Credo Mineral Industries Ltd
14.3.8 Honeywell International Inc
14.3.9 Tosoh Corporation
14.3.10 W. R. Grace & Co.-Conn
14.3.11 Zeochem and Zeolyst International
Methodology
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