Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Attractive Opportunities in the Synthetic Zeolites Market

The report “Synthetic Zeolites Market by Type (Zeolite A, Zeolite Y, Zeolite X, Zeolite Zsm-5), Application (Detergents, Catalysts, Adsorbents), and Region – Global Forecast to 2022”, The synthetic zeolites market was valued at USD 13.67 Billion in 2017 and is projected to reach USD 16.28 Billion by 2022, at a CAGR of 3.6% between 2017 and 2022.

This growth can be attributed to the increasing demand for Fluid Catalytic Cracking (FCC) catalysts, rising demand from the detergent industry, and the growing market for VOC adsorbents.

Request for FREE PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=74181103

Based on application, the adsorbents segment of the synthetic zeolites market is expected to grow at the highest CAGR during the forecast period, in terms of value. Synthetic zeolites are used as adsorbents for insulated glass units and refrigeration units. They are also used for the treatment of natural and industrial gas, purification of olefins and separation of n-paraffin and xylene.

Based on type, the market for Zeolite X is expected to grow at the highest CAGR during the forecast period, in terms of value. Zeolite X is used in the adsorption of CO2 from flue gas streams and purification of air for industrial applications. The ion exchange properties of Zeolite X help to soften water and remove toxic or radioactive metal ions from water. It is also used to dry hydrocarbons and high purity gases.

The North America region is estimated to lead the synthetic zeolites market in 2017, in terms of value. Among all countries in the Asia-Pacific region, the synthetic zeolites market in India is projected to grow at the highest CAGR between 2017 and 2022 due to the high demand for phosphate-free detergents. The rising demand for automotive fuel has also resulted in the high demand for synthetic zeolites in the country.

Request for FREE Sample Pages @ https://www.marketsandmarkets.com/requestsample.asp?id=74181103

Albemarle Corporation (U.S.), BASF SE (Germany), Honeywell International Inc. (U.S.), Clariant AG (Switzerland), W. R. Grace & Co. (U.S.), Tosoh Corporation (Japan), Union Showa K.K. (Japan), Zeochem AG (Switzerland), KNT Group (Russia), Arkema S.A. (France), Zeolyst International, Inc. (U.S.), Huiying Chemical Industry (Xiamen) Co., Ltd. (China), Chemiewerk Bad Köstritz GmbH (Germany), National Aluminium Company Limited (India), and PQ Corporation (U.S.)  are the key players in the synthetic zeolites market.

BASF SE and W. R. Grace & Co. undertook the expansions strategy in the past few years. New product launches was another important development strategy adopted by companies to strengthen their positions in the synthetic zeolites market.

BASF SE operates through six business segments, namely, chemicals, performance products, functional materials & solutions, agricultural solutions, oil & gas, and others. Under the functional materials & solutions segment, the company offers zeolites and catalysts, in addition to battery materials, engineering plastics, automotive coatings, and surface treatment solutions.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=74181103

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]

Tags: Synthetic Zeolites, Synthetic Zeolites Market

See Campaign: https://www.marketsandmarkets.com/Market-Reports/synthetic-zeolite-market-74181103.html
Contact Information:
Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: [email protected]

Tags:
CrowdRise, Extended Distribution, Research Newswire, Press Release, All other, North America, South America, United States, Latin America, English

image


This post first appeared on ICrowdNewswire -, please read the originial post: here

Share the post

Attractive Opportunities in the Synthetic Zeolites Market

×

Subscribe to Icrowdnewswire -

Get updates delivered right to your inbox!

Thank you for your subscription

×