Asia-Pacific Synthetic Zeolites Market Analysis, 2024-2030

Zeolite is a mixed mineral that has hydrated aluminosilicates of elements like sodium, barium, potassium, and calcium. This material can be naturally obtained or can be synthetically prepared. Zeolites are great anti-toxin properties and are widely used in detergents, catalysts, antiseptics, etc. Natural zeolite structure has more acid resistant silica while synthetic zeolite can be put into different categories based on the proportion of aluminium and silicon in it. Zeolites have an excellent ion exchange property, and this feature is what makes it a great business opportunity.

The report on Asia-Pacific synthetic zeolites market presents the crux of over 200 hours of synergized efforts of analysts, industry experts, and academician to assess the present market scenario. The findings are substantiated by a thorough analysis of the synthetic zeolites industry value chain coupled with exhaustive secondary and primary research

As per the report, Asia Pacific Synthetic Zeolites market size was around USD X.XX billion in 2017. It is expected to grow at a CAGR of X.X% to reach USD X.XX billion by 2022. The leading market share lies with China and then followed by Japan, India, and Korea.

The rise in the demand for synthetic zeolites can be traced to the investment in consumer durables and extensive usage of petrochemicals, oil, and gas. Also, the government policies and regulations against phosphorous contents in detergents have increased the need for synthetic zeolites as phosphorous affected the ecosystem and aquatic life. On the other hand, where the ban on phosphorous has not been imposed quite strictly, the demand for synthetic zeolites is poor. Also, the introduction of liquid and zeolite-free detergents are throwing hurdles in the path of development of the industry.

Some of the key players in the Asia-Pacific region in the synthetic zeolite market are Albemarle Corporation, Honeywell International Inc. Clariant AG, KNT Group, and Union Showa K.K.

Our Approach

At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.

Therefore, the zeolite market is categorized on the basis of its type and application. Zeolite A, Zeolite Y, Zeolite X, and Zeolite Zsm-5 are the types of Zeolites. Detergents, Catalysts, and Adsorbents are the three categories in the application. Among the different types of zeolites, Zeolite Y is the most widely used one and is majorly used in fluid chemical cracking process to extend the validity of fuel and petroleum. The zeolites are excellent catalysts and are extensively used to efficiently extract gasoline and diesel from crude oil.

By geography, the market for synthetic zeolites in Asia-Pacific region is spread across India, China, Indonesia, Japan, other countries in the region. Asia-Pacific region solely contributes to over 35% of the stake in the global synthetic zeolite market.

Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations (Fig1). This allowed a 3600 view of the industry dynamic.

Figure 1 Primary research breakdown

Contents of the report:

• Insight on the current industry dynamics
• Estimation of the current market size in terms of value and volume
• Market breakup based on type, application, and geography
• Substantiated market forecasting for the next five years
• Detailed analysis of the key companies operating across different nodes of synthetic zeolites industry value chain