Zeolites are a large group of microporous minerals made up of hydrated aluminosilicates containing sodium, potassium, calcium, and barium that can be dehydrated and rehydrated efficiently. According to BlueQuark Research & Consulting, the Global Zeolites market is expected to witness a significant growth rate during the forecasted period. Factors like the use of Zeolites in Agriculture as soil conditioners to improve infiltration rate, water retention capacity, and cation exchange capacity owing to their environmentally friendly, abundant, and inexpensive nature are estimated to drive the Global Zeolites market. Further, the use of Zeolites in Aquaculture for various steps of the extensive water purification process to remove pollution caused by a high concentration of toxic substances is projected to drive the global Zeolites market. Furthermore, the use of Zeolites in the oil refining and petrochemical industries as catalysts due to their superior activity, stability, and selectivity in major conversion and upgrading processes compared to their amorphous counterparts is expected to drive the Global Zeolites market. However, high prices connected with the usage of market products across a wide range of industries and end-use firms and the availability of substitutes, and stringent government regulations are expected to stifle the market's growth.
Zeolites have been employed in advanced nuclear reprocessing methods owing to their microporous ability to capture ions while allowing others to pass freely and produce many fission products. Moreover, domestic uses of Zeolites include adsorption of liquids and odors, and a number of gases, such as formaldehyde, hydrogen sulfide, are adsorbed by them.
Agriculture and Horticulture are the vital consumers of Zeolites and are expected to drive the Global Zeolite market. Natural Zeolites are widely used in agriculture and horticulture as slow-release carriers of fertilizers and other agrochemicals such as insecticides, pesticides, antibacterial agents, and growth stimulators. This is primarily due to their ability to improve soil fertility and biological activity, aid recultivation, and increase the production capacity of devasted soils, and the demand for Zeolites is bound to rise. Moreover, Zeolites are used as mineral additives for feed mixtures with dietetic and antibacterial effects to facilitate the handling of excrements and litters of the animals. Zeolites products are also suitable for multistage usage, first used as litter for farmyard animals and then as a natural fertilizer for agricultural plants. Along with it, Zeolites are ideally suited for agricultural uses in animal and plant production due to their structure, ion exchange, sorption qualities, and many other characteristics. Therefore, Zeolites is estimated to drive the Global Zeolites market.
Some of the market's key players are Arkema Group, BASF SE, Honeywell International Corporation, Interra Global, Tosoh Corporation, KNT Group, and Zeolyst International, among others.
The Asia Pacific region is poised to be the leader in the production and the subsequent consumption of Zeolites, with most of the consumption in countries like China and India. The main source of income for approximately 58% of India's population is Agriculture, and in FY20, agriculture, forestry, and fisheries had a Gross Value Added of USD 276.37 billion, which is projected to boost the demand for Zeolites in the region. China has a large population and limited agricultural land. It has approximately 1.34 billion people and less than 0.1 hectares of arable land per person, which is less than one-third of the global average. As a result, China is constantly pressed to meet food security demands. On the other hand, the Chinese have worked hard to maintain a high level of self-sufficiency, which now stands at 95%. Despite having only 9% of the country's productive land, the country feeds up to 20% of its population. This remarkable achievement has contributed significantly to global grain supply stability. Fertilizers have unquestionably played a crucial role in the production of Chinese crops. Further, the urbanization and industrialization in the region are propelling the construction sector to keep up with the flourishment and establish upgraded infrastructure. Therefore, Asia-Pacific is a lucrative region for the growth of the Zeolites market.
In October 2021, Zeotech completed its first continuous closed-loop circuit to produce Zeolites from kaolin feedstock, using their proprietary flowsheet.
In July 2021, A research team at POSTECH uncovered a promising new Zeolite, expected to be a game-changer for the oil refining and petrochemical industries.
Global Zeolites Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Zeolites market by segmenting based on the Product Type (Natural, Synthetic), Application (Catalysts, Absorbents, Detergents, Others), End-User Industry (Agriculture and Horticulture, Water treatment, Petrochemical, Construction, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Global Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
North America Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
United States Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Canada Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Mexico Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Europe Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Other Supporting Charts
United Kingdom Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Germany Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Italy Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
France Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Spain Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Rest of Europe Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
South America Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Brazil Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Argentina Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Rest of South America Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Asia-Pacific Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
China Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
India Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Japan Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
South Korea Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
ASEAN Countries Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Rest of Asia-Pacific Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Middle East & Africa Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Saudi Arabia Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
South Africa Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Rest of Middle-East & Africa Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Agriculture and Horticulture - Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Water Treatment - Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Petrochemical - Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Construction - Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027
Others - Zeolites Market Size, Market Growth & Market Forecast Volume(in Kilo ton), 2017-2027