Synthetic zeolite is a class of inorganic silicate material that is widely used as a heterogeneous catalyst in various traditional and emerging catalytic processes. The aluminosilicate form of synthetic zeolite is gaining growing demand due it its use in the petrochemical industry as a shape selective acid. The demand for synthetic zeolites is rising by the day due to the discovery of aluminophosphate zeolites. Synthetic zeolite is largely used in the detergent industry for the removal of hardness and heavy metal ions gas, adsorption, water retention and neutralization of acid water properties. The rising demand of absorbents in various industries all around the globe is going to favor the expansion and rise in demand for synthetic zeolites globally.
The synthetic zeolite market is assumed to grow in the forecast due to the rising use of synthetic zeolites for catalytic cracking in the petroleum industry. The rising demand for synthetic zeolites in the detergent industry, coupled with the increasing number of end-use industries for synthetic zeolites is likely to boost the synthetic zeolite market. However, the low exploitation of synthetic zeolite might restrict the growth of the synthetic zeolite market. On the other hand, the rising demand for absorbents in various end-use industries is likely to showcase growth opportunities for the synthetic zeolite market during the forecast period.
The "Global Synthetic Zeolite Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of synthetic zeolite market with detailed market segmentation by type, applications, and geography. The global synthetic zeolite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synthetic zeolite market players and offers key trends and opportunities in the market.
The global synthetic zeolite market is segmented on the basis of type, and applications. Based on type, the market is segmented as zeolite A, type X, type Y, ultra-stable Y (USY) and Zsm-5. On the basis of application, the market is segmented as detergent builder, drying, separation and adsorption, catalytic cracking, specialties, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global synthetic zeolite market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The synthetic zeolite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting synthetic zeolite market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the synthetic zeolite market in these regions.
The reports cover key developments in the synthetic zeolite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from synthetic zeolite market are anticipated to lucrative growth opportunities in the future with the rising demand for synthetic zeolite in the global market. Below mentioned is the list of few companies engaged in the synthetic zeolite market.
The report also includes the profiles of key synthetic zeolite companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
1. Albemarle Corporation
2. Arkema S.A
3. BASF SE
4. Clariant AG
5. Honeywell International Inc
6. Knt Group
7. Tosoh Corporation
8. Union Showa K.K.
9. W. R. Grace & Co.
10. Zeochem AG
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