PUBLISHER: Industry Experts | PRODUCT CODE: 1142643
PUBLISHER: Industry Experts | PRODUCT CODE: 1142643
Zeolites are most widely used in the production of detergents, with other major applications for the materials being building & construction, water and wastewater treatment and oil refining & petrochemicals. Of the two types of zeolites, the demand for the natural variety is marginally larger, though the market for synthetic zeolites is likely to grow at a faster rate. These materials are widely used as builders in detergents as fluid catalytic cracking (FCC) catalysts in the petroleum industry and as adsorbents/desiccants in the construction, natural gas and environmental sectors.
Zeolites industry is adversely impacted by Covid-19 and Russia-Ukraine war and other negative global developments over the short term period, prospects for the longer term augur well, considering the important role played by these products across a spectrum of application areas and industries.
Detergents and Building & Construction constitute the principal applications for Zeolites, the global demand for which is estimated at US$3.1 billion each in 2022 while the worldwide market for Zeolites in Building & Construction applications is likely to log the fastest growth during 2022-2027 and becomes the largest application for Zeolites by 2027.
The market for product types/sub-types of Zeolites studied in this report comprise the following:
The report analyzes the market for the following application sectors of Zeolites:
The report reviews, analyzes and projects the global Zeolites market for the period 2018-2027 in terms of value in US$; and the compound annual growth rates (CAGRs) projected from 2022 through 2027.