Global Zeolite Market, 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 R
Description
Global Zeolite Market, 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)Trend Analysis, Competitive Market Share & Forecast, 2017-2027
Global Zeolite Market is Forecast to Grow at the CAGR of 7.1% in the Forecast Period
The global zeolite market is growing at a high CAGR because of the its increasing application in water treatment to provide safe drinking water. Moreover, its application in detergents and fertilizers is also favoring its market growth….
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global zeolite market was worth USD 25.2 billion in the year 2020. According to the study, the market is estimated to grow at a CAGR of 7.1%, earning revenue of around USD 40.7 billion by the end of 2027. Several factors contribute to the significant growth of the global zeolite market, including its increasing use in water treatment to provide clean drinking water. In addition, zeolite is also used in detergents and fertilizers to improve their absorbency and reduce their toxic effects on the environment. Various governments around the world, especially in developed countries, have become more focused on sustainability and have begun regulating the use of fumes and chemicals that can harm human health as well as the environment. Zeolites are considered safe since they are used in sustainable processes, such as the storage of thermal energy. This is anticipated to boost the global zeolite market growth in the forecast period.
Growing Demand for Zeolite in Detergent Industry is Driving the Global Zeolite Market
As a power detergent, zeolites soften water while reducing the effects on the environment. It is commonly used as a green substitute for phosphorus in powdered laundry detergents. Zeolite is also effective in inhibiting the growth of E. coli and other pathogens. Detergents containing zeolites have increased effectiveness, so they can also be used in small quantities. The global zeolite market is expected to surge in the forecast period owing to the growth of the detergent industry due to its use in the commercial and residential sectors.
Increasing Application of Zeolite in Sustainable Chemistry Boosting Market’s Growth
Compared to other substitutes, zeolite is relatively safe for humans and the environment. It also plays a vital role in several sustainable processes. Thus, the use of zeolites is prominent in renewable energy and environmental improvements, such as biomass conversion, fuel cells, thermal storage, and CO2 capture. Such applications act as a proliferating factor for the zeolites market and are boosting its potential as an effective solution towards managing sustainability issues. With expanding research and development activities towards sustainable uses of zeolite, the market is anticipated to witness lucrative growth opportunities during the forecast period.
Global Zeolite Market - By End-User
Based on end-users, the global zeolite market is segmented into water treatment, air purification, agriculture, petrochemical, construction, and other end-user industries. Agricultural applications dominate the market due to the prominent use of zeolites in soil management as they are excellent nutrient carriers. A growing consciousness on sustainability in agriculture is boosting the market growth, as zeolites are very efficient at retaining water and nutrients in agricultural soils, enhancing crop production, and preventing pollution, thus increasing its demand within this market. Zeolite is also gaining traction in the construction industry as it is being used as an additive in construction materials. The cement industry also uses it as a blending material.
Global Zeolite Market - Regional Insights
North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa make up the global zeolite market. Among these, the Asia-Pacific region dominates the global zeolite market. Europe accounts for a significant portion of the market due to its high environmental consciousness and more stringent government regulations concerning detergent toxins as potential pollutants in water. In addition, increasing demand for zeolite for industrial wastewater treatment is driving the growth of the zeolite market in this region. North America is also showcasing potential growth in the zeolite market.
Impact of COVID-19 on the Global Zeolite Market
The global zeolite market was negatively impacted by the sudden outbreak of the COVID-19 pandemic. As the countries imposed strict lockdown restrictions in 2020 and 2021 to mitigate the spread of the deadly coronavirus, the manufacturing and distribution channels for zeolites were severely impacted. Furthermore, operations of major end-users, such as detergent production and construction activities, were obstructed due to lockdown and shortage of workforce, which resulted in a sharp drop in the demand for zeolites in the market. However, the market is anticipated to recover from this setback in the post-COVID-19 period as the economic activities are slowly resuming.
Global Zeolite Market - 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 Limitada, Rota Mining Corporation, Huiying Chemical Industry Co., Ltd., and other prominent players.
The market is highly fragmented and competitive due to the presence of several leading industry participants. The market players significantly invest in research and development activities to develop and launch new production to gain a competitive edge. Additionally, they establish partnerships with research institutes for the development of advanced zeolites and to expand the use of zeolites in commercial applications. Furthermore, the adoption of other growth strategies, such as mergers, acquisitions, joint ventures, etc., is also prominent in this market.
Global Zeolite Market is Forecast to Grow at the CAGR of 7.1% in the Forecast Period
The global zeolite market is growing at a high CAGR because of the its increasing application in water treatment to provide safe drinking water. Moreover, its application in detergents and fertilizers is also favoring its market growth….
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global zeolite market was worth USD 25.2 billion in the year 2020. According to the study, the market is estimated to grow at a CAGR of 7.1%, earning revenue of around USD 40.7 billion by the end of 2027. Several factors contribute to the significant growth of the global zeolite market, including its increasing use in water treatment to provide clean drinking water. In addition, zeolite is also used in detergents and fertilizers to improve their absorbency and reduce their toxic effects on the environment. Various governments around the world, especially in developed countries, have become more focused on sustainability and have begun regulating the use of fumes and chemicals that can harm human health as well as the environment. Zeolites are considered safe since they are used in sustainable processes, such as the storage of thermal energy. This is anticipated to boost the global zeolite market growth in the forecast period.
Growing Demand for Zeolite in Detergent Industry is Driving the Global Zeolite Market
As a power detergent, zeolites soften water while reducing the effects on the environment. It is commonly used as a green substitute for phosphorus in powdered laundry detergents. Zeolite is also effective in inhibiting the growth of E. coli and other pathogens. Detergents containing zeolites have increased effectiveness, so they can also be used in small quantities. The global zeolite market is expected to surge in the forecast period owing to the growth of the detergent industry due to its use in the commercial and residential sectors.
Increasing Application of Zeolite in Sustainable Chemistry Boosting Market’s Growth
Compared to other substitutes, zeolite is relatively safe for humans and the environment. It also plays a vital role in several sustainable processes. Thus, the use of zeolites is prominent in renewable energy and environmental improvements, such as biomass conversion, fuel cells, thermal storage, and CO2 capture. Such applications act as a proliferating factor for the zeolites market and are boosting its potential as an effective solution towards managing sustainability issues. With expanding research and development activities towards sustainable uses of zeolite, the market is anticipated to witness lucrative growth opportunities during the forecast period.
Global Zeolite Market - By End-User
Based on end-users, the global zeolite market is segmented into water treatment, air purification, agriculture, petrochemical, construction, and other end-user industries. Agricultural applications dominate the market due to the prominent use of zeolites in soil management as they are excellent nutrient carriers. A growing consciousness on sustainability in agriculture is boosting the market growth, as zeolites are very efficient at retaining water and nutrients in agricultural soils, enhancing crop production, and preventing pollution, thus increasing its demand within this market. Zeolite is also gaining traction in the construction industry as it is being used as an additive in construction materials. The cement industry also uses it as a blending material.
Global Zeolite Market - Regional Insights
North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa make up the global zeolite market. Among these, the Asia-Pacific region dominates the global zeolite market. Europe accounts for a significant portion of the market due to its high environmental consciousness and more stringent government regulations concerning detergent toxins as potential pollutants in water. In addition, increasing demand for zeolite for industrial wastewater treatment is driving the growth of the zeolite market in this region. North America is also showcasing potential growth in the zeolite market.
Impact of COVID-19 on the Global Zeolite Market
The global zeolite market was negatively impacted by the sudden outbreak of the COVID-19 pandemic. As the countries imposed strict lockdown restrictions in 2020 and 2021 to mitigate the spread of the deadly coronavirus, the manufacturing and distribution channels for zeolites were severely impacted. Furthermore, operations of major end-users, such as detergent production and construction activities, were obstructed due to lockdown and shortage of workforce, which resulted in a sharp drop in the demand for zeolites in the market. However, the market is anticipated to recover from this setback in the post-COVID-19 period as the economic activities are slowly resuming.
Global Zeolite Market - 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 Limitada, Rota Mining Corporation, Huiying Chemical Industry Co., Ltd., and other prominent players.
The market is highly fragmented and competitive due to the presence of several leading industry participants. The market players significantly invest in research and development activities to develop and launch new production to gain a competitive edge. Additionally, they establish partnerships with research institutes for the development of advanced zeolites and to expand the use of zeolites in commercial applications. Furthermore, the adoption of other growth strategies, such as mergers, acquisitions, joint ventures, etc., is also prominent in this market.
Table of Contents
196 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Key Market Segments
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.2. Methodology
- 2.3. Regional Split of Primary & Secondary Research
- 2.4. Secondary Research
- 2.5. Primary Research
- 2.5.1. Breakdown of Primary Research Respondents, By Region
- 2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
- 2.6. Market Size Estimation
- 2.7. Assumptions for the Study
- 2.8. Market Breakdown & Data Triangulation
- 3. Executive Summary
- 4. Industry Insight and Growth Strategy
- 4.1. Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Market Drivers
- 4.2.1.1. Increasing Demand for Clean Materials
- 4.2.1.2. Growing Construction Activities in Emerging Economies
- 4.2.2. Market Restraints
- 4.2.2.1. Availability of Substitutes
- 4.2.3. Market Challenges
- 4.2.3.1. Negative Impact of the COVID-19 Pandemic
- 4.2.4. Market Opportunity
- 4.2.4.1. Growing Demand for Zeolite in Detergent Industry
- 4.2.4.2. Increasing Application of Zeolite in Sustainable Chemistry
- 4.3. Recent Developments
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Bargaining Power of Buyers
- 4.4.2. Bargaining Power of Suppliers
- 4.4.3. Intensity of Rivalry
- 4.4.4. Threat of New Entrants
- 4.4.5. Threat of Substitutes
- 5. Global Zeolite Market Overview
- 5.1. Market Size & Forecast by Value, 2017-2027
- 5.2. Market Size and Forecast, By Segment
- 5.2.1. By Product Type
- 5.2.1.1. Natural
- 5.2.1.2. Synthetic
- 5.2.2. By Application
- 5.2.2.1. Adsorbents
- 5.2.2.2. Catalysts
- 5.2.2.3. Detergents
- 5.2.2.4. Other Applications
- 5.2.3. By End-User
- 5.2.3.1. Water Treatment
- 5.2.3.2. Air Purification
- 5.2.3.3. Agriculture
- 5.2.3.4. Petrochemical
- 5.2.3.5. Construction
- 5.2.3.6. Other End-user Industries
- 5.2.4. By Region
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia-Pacific
- 5.2.4.4. Latin America
- 5.2.4.5. Middle East & Africa
- 6. North America Zeolite Market Overview
- 6.1. Market Size and Forecast
- 6.1.1. By Value (USD Billion), 2020-2027
- 6.2. Market Share and Forecast
- 6.2.1. By Product Type
- 6.2.2. By Application
- 6.2.3. By End-User
- 6.2.4. By Country
- 6.2.4.1. U.S.
- 6.2.4.2. Canada
- 7. Europe Zeolite Market Overview
- 7.1. Market Size and Forecast
- 7.1.1. By Value (USD Billion), 2020-2027
- 7.2. Market Share and Forecast
- 7.2.1. By Product Type
- 7.2.2. By Application
- 7.2.3. By End-User
- 7.2.4. By Country
- 7.2.4.1. Germany
- 7.2.4.2. U.K.
- 7.2.4.3. Russia
- 7.2.4.4. France
- 7.2.4.5. Italy
- 7.2.4.6. Spain
- 7.2.4.7. Rest of Europe
- 8. APAC Zeolite Market Overview
- 8.1. Market Size and Forecast
- 8.1.1. By Value (USD Billion), 2020-2027
- 8.2. Market Share and Forecast
- 8.2.1. By Product Type
- 8.2.2. By Application
- 8.2.3. By End-User
- 8.2.4. By Country
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. South Korea
- 8.2.4.5. Rest of APAC
- 9. LATAM Zeolite Market Overview
- 9.1. Market Size and Forecast
- 9.1.1. By Value (USD Billion), 2020-2027
- 9.2. Market Share and Forecast
- 9.2.1. By Product Type
- 9.2.2. By Application
- 9.2.3. By End-User
- 9.2.4. By Country
- 9.2.4.1. Mexico
- 9.2.4.2. Brazil
- 9.2.4.3. Rest of LATAM
- 10. MEA Zeolite Market Overview
- 10.1. Market Size and Forecast
- 10.1.1. By Value (USD Billion), 2020-2027
- 10.2. Market Share and Forecast
- 10.3. By Product Type
- 10.4. By Application
- 10.5. By End-User
- 10.6. By Country
- 10.6.1. Saudi Arabia
- 10.6.2. UAE
- 10.6.3. South Africa
- 10.6.4. Rest of MEA
- 11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis (2020)
- 11.3. Competitive Benchmarking By Operating Parameters
- 12. Impact of COVID-19 on Global Zeolite Market
- 13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- 13.1. Arkema Group
- 13.2. Zeomex
- 13.3. BASF SE
- 13.4. Clariant
- 13.5. ZEOCEM, a. s.
- 13.6. Honeywell International Inc.
- 13.7. W. R. Grace & Co.
- 13.8. Interra Global
- 13.9. Tosoh Corporation
- 13.10. KNT Group
- 13.11. SHOWA DENKO KK
- 13.12. Zeolyst International, Inc.
- 13.13. Teague Mineral Products
- 13.14. Albemarle Corporation
- 13.15. Gruppo Apostolico e Tanagro
- 13.16. Blue Pacific Minerals
- 13.17. Cooperative La Minera ltda
- 13.18. Rota Mining Corporation
- 13.19. Huiying Chemical Industry Co., Ltd.
- 13.20. Other Prominent Players
- 14. 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
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