SOURCE: Acumen Research and Consulting

Acumen Research and Consulting

November 28, 2017 06:34 ET

Synthetic Zeolite Market to Grow Over $1.5 Billion by 2020 Says Acumen Research and Consulting Research Experts

PUNE, INDIA--(Marketwired - November 28, 2017) - According to a new report published by Acumen Research and Consulting titled "Synthetic Zeolite Market (Application: Detergents, Adsorbents, Catalysts, Others; Geography: North America, Europe, Asia-Pacific, Rest of the World) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2013-2020", the global market for synthetic zeolites is projected to grow and reach over $1.5 billion by 2020 at a significant rate of more than 4% from 2014 to 2020. Based on volume consumption, the market is projected to reach over 2 kilotons by 2020, growing at a CAGR of around 4% during the forecast period.

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Synthetic zeolite is popularly used in detergents

Based on applications, the synthetic zeolite market is segmented into detergents, adsorbents, catalysts, and others. Governmental regulations that limit the usage of phosphates in detergents due to environmental concerns is the key driver for the synthetic zeolite market. Usage of synthetic zeolite as molecular sieves for adsorption and petrochemical catalysts are the other major applications that account for a significant market share. Adsorbent application is expected to expand at the fastest rate globally owing to high demand in several end-use industries including automotive and petrochemical processing. The price of synthetic zeolites varies according to its application. Detergent grade zeolites are the cheapest, while zeolites used as catalysts and molecular sieve adsorbents are priced considerably higher.

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Asia-Pacific accounts for the highest demand for zeolite

Asia-Pacific accounts for the highest demand for zeolite, followed by Europe and North America. Demand for zeolite is expected to increase at the fastest pace in Asia-Pacific in the near future. Further, synthetic zeolites are extensively used as catalysts for the FCC process in petrochemical refineries, especially in North America. However, usage of zeolitic molecular sieves as adsorbents is estimated to be the fastest growing application segment due to its application in numerous end-use industries including petrochemical, manufacturing and automotive.

The global synthetic zeolite market was dominated by Asia-Pacific, which accounted for more than 40% of the global demand in 2013. The region's market share is anticipated to increase at a rapid pace in the next few years.

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Among the major players operating in this market, few profiled in the report include Zeolyst International Inc., Albemarle Corporation, Fujian Risheng Chemical Co. Ltd., W.R. Grace & Company, Anten Chemical Co. Ltd., BASF SE, Chemiewerk Bad Kostritz GmbH, Clariant AG, Honeywell International Inc., and Huiying Chemical Industry Co. Ltd. among others.

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Chapter 1 Preface

1.1. Research description
1.2. Market segmentation
1.3. Research scope
1.3.1. Assumptions
1.4. Research methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Models
1.5. Abbreviations

Chapter 2 Executive Summary

2.1. Global synthetic zeolite market snapshot

CHAPTER 3 Zeolite Market-Industry Analysis

3.1. Introduction
3.2. Value chain analysis: global Synthetic Zeolite Market
3.3. Market drivers
3.3.1. Drivers for zeolite market: Impact analysis
3.3.2. Government regulations regarding use of phosphate-based binders in detergents
3.3.3. Growth in petroleum production drives demand for zeolite for FCC process
3.4. Market restraints
3.4.1. Restraints for zeolite market: Impact Analysis
3.4.2. Restricted future growth opportunities in North America and Europe for detergents application
3.5. Opportunities
3.5.1. Silver zeolites provide high future growth opportunities in antimicrobial applications
3.5.2. Potential application as catalysts in global hydrogen economy
3.6. Porter's five forces analysis
3.6.1. Bargaining power of suppliers
3.6.2. Bargaining power of buyers
3.6.3. Threat of new entrants
3.6.4. Threat from substitutes
3.6.5. Degree of competition
3.7. Zeolite: Market attractiveness analysis
3.8. Synthetic Zeolite: Company market share analysis

Chapter 4 Synthetic Zeolite Market - Application Analysis

4.1. Global synthetic zeolite market: Application overview
4.1.1. Global synthetic zeolite market share, by applications, 2013 & 2020
4.2. Detergents
4.2.1. Global synthetic zeolite market for detergents, 2013 - 2020 (Kilo Tons) (USD Million)
4.3. Adsorbents
4.3.1. Global synthetic zeolite market for adsorbents, 2013 - 2020 (Kilo Tons) (USD Million)
4.4. Catalysts
4.4.1. Global synthetic zeolite market for catalysts, 2013 - 2020 (Kilo Tons) (USD Million)
4.5. Others (Dietary supplement, wound care, antimicrobial agents etc.)
4.5.1. Global synthetic zeolite market for other applications, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 5 Synthetic Zeolite Market - Regional Analysis

5.1. Global synthetic zeolite market: Regional overview
5.1.1. Global synthetic zeolite market share, by region, 2013 & 2020
5.2. North America
5.2.1. North America synthetic zeolite market volume, by application, 2013 - 2020 (Kilo Tons)
5.2.2. North America synthetic zeolite market revenue, by application, 2013 - 2020 (USD Million)
5.3. Europe
5.3.1. Europe synthetic zeolite market volume, by application, 2013 - 2020 (Kilo Tons)
5.3.2. Europe synthetic zeolite market revenue, by application, 2013 - 2020 (USD Million)
5.4. Asia Pacific
5.4.1. Asia Pacific synthetic zeolite market volume, by application, 2013 - 2020 (Kilo Tons)
5.4.2. Asia Pacific synthetic zeolite market revenue, by application, 2013 - 2020 (USD Million)
5.5. Rest of the World (RoW)
5.5.1. RoW synthetic zeolite market volume, by application, 2013 - 2020 (Kilo Tons)
5.5.2. RoW synthetic zeolite market revenue, by application, 2013 - 2020 (USD Million)

Chapter 6 Company Profiles

6.1. Zeolyst International Inc,
6.1.1. Company overview
6.1.2. Product portfolio
6.1.3. Business strategy
6.1.4. Recent developments
6.2. Albemarle Corporation
6.2.1. Company overview
6.2.2. Product portfolio
6.2.3. Financial overview
6.2.4. Business strategy
6.2.5. Recent developments
6.3. Fujian Risheng Chemical Co.,Ltd
6.3.1. Company overview
6.3.2. Product portfolio
6.3.3. Business strategy
6.4. W.R. Grace & Company
6.4.1. Company overview
6.4.2. Product portfolio
6.4.3. Financial overview
6.4.4. Business strategy
6.4.5. Recent developments
6.5. Anten Chemical Co.,Ltd.
6.5.1. Company overview
6.5.2. Product portfolio
6.5.3. Business strategies
6.5.4. Recent development
6.6. Chemiewerk Bad Köstritz GmbH
6.6.1. Company overview
6.6.2. Product portfolio
6.6.3. Business strategy
6.6.4. Recent developments
6.7. BASF SE
6.7.1. Company overview
6.7.2. Product portfolio
6.7.3. Financial overview
6.7.4. Business strategy
6.7.5. Recent developments
6.8. Clariant AG
6.8.1. Company overview
6.8.2. Product portfolio
6.8.3. Financial overview
6.8.4. Business strategy
6.8.5. Recent developments
6.9. Honeywell International, Inc.
6.9.1. Company overview
6.9.2. Product portfolio
6.9.3. Financial overview
6.9.4. Business strategy
6.9.5. Recent developments
6.10. Huiying Chemical Industry(Quanzhou) Co., Ltd.
6.10.1. Company overview
6.10.2. Product portfolio
6.10.3. Business strategy
6.10.4. Recent developments

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