Global Zeolite Market- Industry Size, Share, Trend Analysis, Outlook, Growth, Opportunity and Forecast, 2017-2027, Segmented By Product Type (Natural, Synthetic), By Application (Adsorbents, Catalysts, Detergents, Other Applications), By End-User (Water Treatment, Air Purification, Agriculture, Petrochemical, Construction, Other End-user Industries), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)
- Published Date: January 2022
- Report ID: BWC21197
- Available Format: PDF
- Page: 196
Report Overview
The increasing application of zeolites in various sectors, such as agriculture, construction, petrochemical, etc., is driving its market growth. Additionally, rising hygiene concerns and the growing demand for detergents are projected to drive the market throughout the forecast period.
Global Zeolite Market- Industry Trends & Forecast Report 2027
The global zeolite market was worth USD 545.2 Million in 2020 and is further projected to reach USD 749.9 Million by the year 2027, growing at a CAGR of 4.8% in the forecast period (2021-2027). The growing demand for zeolite is attributable to its increasing application in various sectors, such as agriculture, construction, petrochemical, etc., and the increasing penetration of synthetic zeolite due to its consumption of detergents. Moreover, governments around the world have implemented strict regulations regarding the disposal of waste caused by detergents and other chemicals, which significantly contribute to water pollution. Furthermore, Zeolites are used as cation exchangers to combat water pollution, which in turn is driving its market growth.
Source: BlueWeave Consulting
Global Zeolite Market- Overview
Minerals such as zeolites are made up of aluminum and silicon compounds that are commonly used as commercial catalysts and adsorbents. Zeolites contain a negatively charged honeycomb structure into which molecules can be absorbed from the environment. This substance is prominently used as a drying agent in detergents. Among other things, it is used in air purifiers as well as for domestic and commercial water purification. Zeolites can also be used as dietary supplements or medicines to treat and manage various conditions, including herpes, cancer, diarrhea, etc.
Global Zeolite Market Forecast and Trends
Growth Drivers
Increasing Environmental Awareness
Natural zeolites are considered safe for human health as well as the environment. Zeolite-based products are used for removing heavy metals and organic contaminants in products such as detergents or cement which pollute the environment and harm the human body. Thus, they are increasingly used as adsorbents and catalysts in soil amendment, cement manufacturing, and water purification processes. Zeolites are expected to enjoy lucrative growth opportunities during the forecast period due to increasing pollution levels and environmental consciousness.
Growing Construction Activities in Emerging Economies
Construction activities, especially in emerging economies like China, India, Japan, etc., are a major driving force for the global zeolite market. Zeolites are commonly used as a cement blending material for reacting with calcium ions or calcium hydroxide. Engineers have successfully used zeolites for their adsorption properties to overcome various construction challenges. Zeolites are effective concrete additives because they increase the compressive strength of concrete and facilitate durability by reducing the amount of permeability. Also, it can reduce the amount of cement required to produce concrete. Such applications are fueling the growth of the global zeolite market.
Restraints
Easy Availability of Substitutes
Although zeolite can be used for various purposes, the availability of substitutes acts as a major obstacle to the growth of the global zeolite market. Its adoption may be limited by the presence of transition metals, such as cobalt, zinc, manganese, or iron. It is also possible to substitute zeolites easily with elements such as silicon, germanium, titanium, etc. These materials, like zeolites, act as catalysts and may inhibit the growth of the market during the forecast period.
Impact of COVID-19 on Global Zeolite Market
The COVID-19 pandemic broke out in a way that no one could have anticipated. Critical economic activities like manufacturing and distribution channels had to be shut down in order to contain the outbreak. Therefore, the restrictions directly and negatively affected the growth of the global zeolite market. As a result of lockdown restrictions in different parts of the world and a shortage of labor, major end-users of zeolite (water treatment, petrochemical, construction, etc.) halted their manufacturing and operations, which resulted in significant losses to the global zeolite market.
Global Zeolite Market - By Product Type
Based on product types, the global zeolite market is segmented into natural and synthetic. The natural zeolite segment accounted for the largest share of the market owing to its wide application in areas such as soil management in agronomy and horticulture, and as a filler in paper. However, synthetic zeolites are expected to register the highest CAGR during the forecast period due to their increasing use as catalysts in the petrochemical industry. Synthetic zeolites are also less expensive than their counterparts, which increases their market potential.
Global Zeolite Market - By Application
Based on applications, the global zeolite market is segmented into adsorbents, catalysts, detergents, and other applications. Among these, the detergents segment accounts for the largest market share. The high use of detergents in households and commercial spaces is one of the major driving factors for zeolites. As zeolites replace phosphorus in powdered laundry detergents, they soften the water as well as reduce environmental impact. In addition, zeolite is becoming increasingly popular as a catalyst for the hydrocarbon industry, which will likely increase its demand during the forecast period.
Global Zeolite Market - Regional Insights
Geographically, the global zeolite market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. The Asia-Pacific region dominates the global zeolite market due to the increasing use of zeolite for water treatment and construction in the region. For more than ten years, China has been using zeolite as a mineral admixture for concrete production. With the increasing use of zeolites to produce bio-based products such as medical-grade oxygen, other emerging economies, such as India and Japan, are also catching up with China.
Source: BlueWeave Consulting
Competitive Landscape
The leading players in the global zeolite market are Arkema Group, Zeomex, BASF SE, Clariant, ZEOCEM, a. s., Honeywell International Inc., W. R. Grace & Co., Interra Global, Tosoh Corporation, KNT Group, SHOWA DENKO KK, Zeolyst International, Inc., Teague Mineral Products, Albemarle Corporation, Gruppo Apostolico e Tanagro, Blue Pacific Minerals, Cooperative La Minera Ltda, Rota Mining Corporation, Huiying Chemical Industry Co., Ltd., and other prominent players.
There are many leading industry participants, which makes the market highly fragmented and competitive. To gain a competitive edge, the companies invest heavily in research and development activities. Additionally, they form partnerships with research institutions to develop advanced zeolites and extend their commercial applications. Furthermore, the adoption of other growth strategies such as mergers, acquisitions, joint ventures, etc., is also prominent in this market.
Recent Developments
- In November 2021, Griffith University, a public university in Australia, and Zeotech Limited, a mineral processing technology company, announced their partnership to establish a research program for the development of products using advanced materials called synthetic zeolites for the carbon market and nutrient management.
- In August 2021, Cerberus Capital Management and Koch Minerals & Trading LLC announced that they have completed the acquisition of the Performance Chemicals business from Ecovyst Inc., a US-based chemicals company that manufactures silica and zeolite catalysts.
Scope of the Report
|
Attributes |
Details |
|
Years Considered |
Historical data – 2017-2020 Base Year – 2020 Forecast – 2021 – 2027 |
|
Facts Covered |
Revenue in USD Billion |
|
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
|
Product Service/Segmentation |
By Product Type, By Application, By End-User, By Region |
|
Key Players |
Arkema Group, Zeomex, BASF SE, Clariant, ZEOCEM, a. s., Honeywell International Inc., W. R. Grace & Co., Interra Global, Tosoh Corporation, KNT Group, SHOWA DENKO KK, Zeolyst International, Inc., Teague Mineral Products, Albemarle Corporation, Gruppo Apostolico e Tanagro, Blue Pacific Minerals, Cooperative La Minera Ltda, Rota Mining Corporation, Huiying Chemical Industry Co., Ltd., and other prominent players. |
By Product Type
- Natural
- Synthetic
By Application
- Adsorbents
- Catalysts
- Detergents
- Other Applications
By End-User
- Water Treatment
- Air Purification
- Agriculture
- Petrochemical
- Construction
- Other End-user Industries
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Research Framework
- Research Objective
- Product Overview
- Key Market Segments
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Market Drivers
- Increasing Demand for Clean Materials
- Growing Construction Activities in Emerging Economies
- Market Restraints
- Availability of Substitutes
- Market Challenges
- Negative Impact of the COVID-19 Pandemic
- Market Opportunity
- Growing Demand for Zeolite in Detergent Industry
- Increasing Application of Zeolite in Sustainable Chemistry
- Market Drivers
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Zeolite Market Overview
- Market Size & Forecast by Value, 2017-2027
- Market Size and Forecast, By Segment
- By Product Type
- Natural
- Synthetic
- By Application
- Adsorbents
- Catalysts
- Detergents
- Other Applications
- By End-User
- Water Treatment
- Air Purification
- Agriculture
- Petrochemical
- Construction
- Other End-user Industries
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- By Product Type
- North America Zeolite Market Overview
- Market Size and Forecast
- By Value (USD Billion), 2020-2027
- Market Share and Forecast
- By Product Type
- By Application
- By End-User
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Zeolite Market Overview
- Market Size and Forecast
- By Value (USD Billion), 2020-2027
- Market Share and Forecast
- By Product Type
- By Application
- By End-User
- By Country
- Germany
- U.K.
- Russia
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Forecast
- APAC Zeolite Market Overview
- Market Size and Forecast
- By Value (USD Billion), 2020-2027
- Market Share and Forecast
- By Product Type
- By Application
- By End-User
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Zeolite Market Overview
- Market Size and Forecast
- By Value (USD Billion), 2020-2027
- Market Share and Forecast
- By Product Type
- By Application
- By End-User
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Zeolite Market Overview
- Market Size and Forecast
- By Value (USD Billion), 2020-2027
- Market Share and Forecast
- By Product Type
- By Application
- By End-User
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis (2020)
- Competitive Benchmarking By Operating Parameters
- Impact of COVID-19 on Global Zeolite Market
- Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- Arkema Group
- Zeomex
- BASF SE
- Clariant
- ZEOCEM, a. s.
- Honeywell International Inc.
- W. R. Grace & Co.
- Interra Global
- Tosoh Corporation
- KNT Group
- SHOWA DENKO KK
- Zeolyst International, Inc.
- Teague Mineral Products
- Albemarle Corporation
- Gruppo Apostolico e Tanagro
- Blue Pacific Minerals
- Cooperative La Minera ltda
- Rota Mining Corporation
- Huiying Chemical Industry Co., Ltd.
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Zeolite Market Segmentation
Figure 2: Global Zeolite Market Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2020
Figure 4: Global Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 5: Global Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 6: Global Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 7: Global Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 8: Global Zeolite Market Share (%), By Region, By Value, 2020-2027
Figure 9: North America Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 10: North America Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 11: North America Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 12: North America Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 13: North America Zeolite Market Share (%), By Country, By Value, 2020-2027
Figure 14: Europe Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 15: Europe Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 16: Europe Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 17: Europe Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 18: Europe Zeolite Market Share (%), By Country, By Value, 2020-2027
Figure 19: the Asia-Pacific Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 20: the Asia-Pacific Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 21: the Asia-Pacific Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 22: the Asia-Pacific Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 23: the Asia-Pacific Zeolite Market Share (%), By Country, By Value, 2020-2027
Figure 24: Latin America Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 25: Latin America Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 26: Latin America Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 27: Latin America Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 28: Latin America Zeolite Market Share (%), By Country, By Value, 2020-2027
Figure 29: Middle East & Africa Zeolite Market Size, By Value (USD Billion), 2020-2027
Figure 30: Middle East & Africa Zeolite Market Share (%), By Product Type, By Value, 2020-2027
Figure 31: Middle East & Africa Zeolite Market Share (%), By Application, By Value, 2020-2027
Figure 32: Middle East & Africa Zeolite Market Share (%), By End-User, By Value, 2020-2027
Figure 33: Middle East & Africa Zeolite Market Share (%), By Region, By Value, 2020-2027
List of Tables
Table 1: Global Zeolite Market Size, By Product Type, By Value, 2020-2027
Table 2: Global Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 3: Global Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 4: Global Zeolite Market Size, By Region, By Value (USD Billion), 2020-2027
Table 5: North America Zeolite Market Size, By Product Type, By Value (USD Billion), 2020-2027
Table 6: North America Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 7: North America Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 8: North America Zeolite Market Size, By Country, By Value (USD Billion), 2020-2027
Table 9: Europe Zeolite Market Size, By Product Type, By Value (USD Billion), 2020-2027
Table 10: Europe Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 11: Europe Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 12: Europe Zeolite Market Size, By Country, By Value (USD Billion), 2020-2027
Table 13: the Asia-Pacific Zeolite Market Size, By Product Type, By Value (USD Billion), 2020-2027
Table 14: the Asia-Pacific Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 15: the Asia-Pacific Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 16: the Asia-Pacific Zeolite Market Size, By Country, By Value (USD Billion), 2020-2027
Table 17: Latin America Zeolite Market Size, By Product Type, By Value (USD Billion), 2020-2027
Table 18: Latin America Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 19: Latin America Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 20: Latin America Zeolite Market Size, By Country, By Value (USD Billion), 2020-2027
Table 21: The Middle-East & Africa Zeolite Market Size, By Product Type, By Value (USD Billion), 2020-2027
Table 22: The Middle-East & Africa Zeolite Market Size, By Application, By Value (USD Billion), 2020-2027
Table 23: The Middle-East & Africa Zeolite Market Size, By End-User, By Value (USD Billion), 2020-2027
Table 24: The Middle-East & Africa Zeolite Market Size, By Country, By Value (USD Billion), 2020-2027
Table 25: Arkema Group Financial Analysis
Table 26: Arkema Group Business Overview
Table 27: Zeomex Financial Analysis
Table 28: Zeomex Business Overview
Table 29: BASF SE Corporation Financial Analysis
Table 30: BASF SE Corporation Business Overview
Table 31: Clariant Financial Analysis
Table 32: Clariant Business Overview
Table 33: ZEOCEM, a. s. Financial Analysis
Table 34: ZEOCEM, a. s. Business Overview
Table 35: Honeywell International Inc. Financial Analysis
Table 36: Honeywell International Inc. Business Overview
Table 37: W. R. Grace & Co. Financial Analysis
Table 38: W. R. Grace & Co. Business Overview
Table 39: Interra Global Financial Analysis
Table 40: Interra Global Business Overview
Table 41: Tosoh Corporation Financial Analysis
Table 42: Tosoh Corporation Business Overview
Table 43: KNT Group Financial Analysis
Table 44: KNT Group Business Overview
Table 45: SHOWA DENKO KK Financial Analysis
Table 46: SHOWA DENKO KK Financial Analysis
Table 47: Zeolyst International, Inc. Financial Analysis
Table 48: Zeolyst International, Inc. Business Overview
Table 49: Teague Mineral Products Financial Analysis
Table 50: Teague Mineral Products Business Overview
Table 51: Albemarle Corporation Financial Analysis
Table 52: Albemarle Corporation Business Overview
Table 53: Gruppo Apostolico e Tanagro Financial Analysis
Table 54: Gruppo Apostolico e Tanagro Business Overview
Table 55: Blue Pacific Minerals Financial Analysis
Table 56: Blue Pacific Minerals Business Overview
Table 57: Cooperative La Minera ltda Financial Analysis
Table 58: Cooperative La Minera ltda Business Overview
Table 59: Rota Mining Corporation Financial Analysis
Table 60: Rota Mining Corporation Business Overview
Table 61: Huiying Chemical Industry Co., Ltd. Financial Analysis
Table 62: Huiying Chemical Industry Co., Ltd. Business Overview
Market Segmentation
By Product Type
- Natural
- Synthetic
By Application
- Adsorbents
- Catalysts
- Detergents
- Other Applications
By End-User
- Water Treatment
- Air Purification
- Agriculture
- Petrochemical
- Construction
- Other End-user Industries
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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