Global Molecular Sieves Market 2022-2026
Technavio has been monitoring the molecular sieves market and it is poised to grow by $ 514.6 mn during 2022-2026, accelerating at a CAGR of 5.28% during the forecast period. Our report on the molecular sieves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for molecular sieves as catalysts, application in nuclear waste and wastewater treatment, and promising growth opportunities in global adsorbents market.
The molecular sieves market analysis includes the end-user segment and geographic landscape.
Technavio's molecular sieves market is segmented as below:
- Oil and gas industry
- Petrochemical industry
- Process industries
- Construction industry
- Other industries
By Geographical Landscape
- North America
- The Middle East and Africa
- South America
This study identifies the increasing uses in the oil and gas industry as one of the prime reasons driving the molecular sieves market growth during the next few years. Also, recycling of molecular sieves and growing demand for packaging will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the molecular sieves market covers the following areas:
- Molecular sieves market sizing
- Molecular sieves market forecast
- Molecular sieves market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading molecular sieves market vendors that include Arkema Group, Axens, BASF SE, Brownell Ltd., Clariant International Ltd., CPH Chemie + Papier Holding AG, Desicca Chemicals Pvt. Ltd., Frames Group, Hengye Inc., Honeywell International Inc., KNT Group, Kuraray Co. Ltd., Merck KGaA, PQ Group Holdings Inc., Shanghai Jiuzhou Chemicals Co. Ltd., SHOWA DENKO K.K., Sorbead India, Tosoh Corp., W. R. Grace and Co., and Carbotech Gas Systems GmbH. Also, the molecular sieves market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.