Deerfield Beach, FL -- (SBWIRE) -- 05/19/2016 -- Zeolite (Natural and Synthetic) Market for Catalysts, Adsorbents, Detergent Builders and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020

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Zeolites are group of hydrated aluminosilicates of alkali or alkaline earth metals. Zeolite exhibit three dimensional crystalline frameworks of tetrahedral structures like lithium, barium, sodium, potassium, calcium and magnesium. Zeolites are naturally occurring materials however, they can be synthesized industrially. Zeolite occurs naturally from volcanic rocks and ash layers react with alkaline groundwater. Industrially it is produced using raw materials such as alumina, silica and sodium hydroxide. Zeolite found wide range of applications in host of industries including, water treatment, refinery, nuclear, biogas, detergents, construction, medical, agriculture, etc.

Strong growth of detergents industry across the world is primarily driving demand for zeolite. Detergents are one of the largest application markets for zeolite. Zeolites are also widely used as solar thermal collectors and for adsorption refrigeration. Moreover, growing demand for zeolite as a catalyst from refinery industry is also expected to be a major a driving factor for this industry. However, development of potential substitute for zeolite to be used as a catalyst in refinery industry is expected to be a major setback for this industry.

Natural zeolite and synthetic zeolite are the key product segments of the zeolites market. Natural zeolite dominated the global zeolite market owing to strong demand for applications such as catalyst, adsorbent, detergent, etc. Natural zeolite accounted for over 60% share of the total zeolite volume consumed in 2014. Synthetic zeolite is expected to be the fastest growing segment of zeolite market during the forecast period. This can be attributed to the rapidly growing demand for synthetic zeolite as a catalyst, adsorbent and detergent builder.

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Catalysts, adsorbents, detergent builders and others are major application segments of zeolite. Detergent builder was the largest application market for zeolites in 2014, which accounted for over 50% share of the global volume consumption in 2014. Catalyst was the second largest application segment of zeolite market. However, adsorbent are expected to be one of the fastest growing application markets for zeolite.

Zeolite market was dominated by Europe with significant share in total volume consumed in 2014. Europe was followed by Asia Pacific with over 25% share in total volume consumed in 2014. Strong demand for zeolites in Europe can be attributed to increasing use of zeolites in water treatment and utilization in disposal of nuclear waste. Asia Pacific is expected to witness significant growth of zeolite market due to large demand from emerging countries like China, India for waste water treatment.

Global zeolite market is highly competitive, with the presence of well-established global market participants. Tosoh Corporation, Arkema Group, BASF SE, Interra Global Corporation, UOP LLC, Zeochem AG, Grace Catalysts Technologies, Chemiewerk Bad Köstritz GmbH (CWK), Tricat Group, KNT Group, Zeox Corporation, Anhui Mingmei MinChem Co., Ltd, Union Showa K.K. (USKK), Dalian Haixin Chemical Industrial Co., Ltd, Yingkou Zhongbao Molecular Sieve Co., Ltd, Clariant are some of the key vendors in the market.

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