Crystal Market Research has released its latest research-based report entitled “Zeolite molecular sieve” market. The report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the “Zeolite molecular sieve” market global along with the key trends and latest technologies, playing a prominent role in the Zeolite molecular sieve market growth over the next five years.
In 2014, the Global zeolite molecular sieve market was evaluated around USD 3.07 billion and is expected to reach approximately USD 4.35 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 3.95% over the forecast period owing to its rising demand in producing catalysts and detergent. Additionally, it is also widely utilized as an absorbent owing to its sieve-like composition.
Get Sample Copy of This Report: https://www.crystalmarketresearch.com/report-sample/CM02616 .
Industry Trend Analysis
These sieves are utilized for adsorption and separation across several industries involving water treatment, detergents, and oil & gas. Rising demand for detergents owing to growing hygiene awareness levels amongst consumers is projected to boost the demand as a builder in powder and liquid detergents. Also, the growth of oil & gas industries along with rising demand for catalysts which render higher output is anticipated to boost the zeolite molecular sieve market during the next few years. Moreover, rising water treatment processes for purification of water as well as treating wastewater is expected to drive demand for the product as adsorbents. Though, the existence of metals, enzymes, and other chemical substances as an alternative to zeolite catalysts is projected to hinder the growth of the global market. The appearance of silver infused sieves as an antimicrobial is projected to initiate new opportunities for industry growth during the forecast years.
Application Outlook and Trend Analysis
In 2014, detergents were the leading application section of global zeolite molecular sieve market, with wide utilize as binders in detergents. Rising detergents demand owing to rising customer awareness concerning hygiene is anticipated to consequently augment the growth of the global industry. Catalysts are expected to be the highest growing section within the global zeolite molecular sieve market due to the growth of gas & oil industries. Increasing high-performance catalysts’ demand which renders higher output is anticipated to drive industry expansion. Other applications involve its utilization as a separator in the gas industry and adsorbent for the treatment of wastewater. The expansion of the wastewater treatment and gas industries is anticipated to drive industry demand during the forecast years.
Regional Outlook and Trend Analysis
In 2014, European zeolite molecular sieve industry ruled global demand, a drift that is expected to continue during the forecast years. The regulatory tendency towards the limit of greenhouse gas emissions along with a tough manufacturing base of detergents and refrigerants in France, Germany, Belgium, and Netherlands is anticipated to boost the growth. During 2009, the European Commission sanctioned a directive named Renewable Energy Directive (RED), which has made 20% of EU energy production mandatory from biomass by the end of 2020. This strategy is anticipated to augment the manufacturing of bio-based chemicals. Over the forecast years, Asia-Pacific is projected to experience the fastest expansion within the industry on account of increasing demand for catalysts and detergents. Growing focus on ecological protection by several governments has ensued in a rising use of zeolites for purifying gas streams and water purification. Growing infrastructure spending in nations including India and China is likely to improve the growth of the market due to rising use in manufacturing lightweight construction material and being a significant ingredient in manufacturing asphalt concrete blend. In 2014, Detergents were the major application section in the Asia Pacific regional zeolite molecular sieve industry reporting for approximately 70% of market volume. The Latin American region is expected to experience above normal growth owing to fast industrialization. Catalysts were the major application section of the Latin American regional zeolite molecular sieve market reporting for around 50% of the market revenue.
Competitive Outlook and Trend Analysis
In 2014, Tosoh Corporation, Arkema, BASF, UOP, Grace Catalysts Technologies, Zeox Corporation, Chemiewerk Bad Köstritz and Union Showa K K ruled the global zeolite molecular sieve market. Union Showa K K, Chemiewerk Bad Köstritz, and Arkema are incorporated players, occupied in the manufacturing of at least one main feedstock which is captively used for production sieves.
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Get more information of this report: https://www.crystalmarketresearch.com/send-an-enquiry/CM02616 .
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Zeolite Molecular Sieve Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
• Other Applications
Table of Contents
22.214.171.124.Growing Demand for Detergents
126.96.36.199.Increasing Refining Output
188.8.131.52.Rising Demand for Adsorbents
184.108.40.206.Threat of Substitution as a Catalyst
220.127.116.11.Emerging Markets to Offer Lucrative Growth Opportunities
4.Zeolite Molecular Sieve Market, By Application
4.2.Global Zeolite Molecular Sieve Sales, Revenue and Market Share by Application (2014-2017)
4.2.1.Global Zeolite Molecular Sieve Sales and Sales Share by Application (2014-2017)
4.2.2.Global Zeolite Molecular Sieve Revenue and Revenue Share by Application (2014-2017)
4.3.Zeolite Molecular Sieve MarketAssessment and Forecast, By Application, 2014-2023
4.4.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.6.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
6.1.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.2. BASF SE
6.2.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.3.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.4.Interra Global Corporation
6.4.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.5.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.6.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.7.Grace Catalysts Technologies
6.7.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.8.Chemiewerk Bad Köstritz
6.8.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.9.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.10.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
6.11.4.Zeolite Molecular Sieve Sales, Revenue and Market Share
7.Global Zeolite Molecular Sieve MarketCompetition, by Manufacturer
7.1.Global Zeolite Molecular Sieve Sales and Market Share by Manufacturer (2016-2017)
7.2.Global Zeolite Molecular Sieve Revenue and Market Share by Manufacturer (2016-2017)
7.3.Top 5 Zeolite Molecular Sieve Manufacturer Market Share
7.4.Market Competition Trend
Some of the key questions answered by the report are:
- What was the market size in 2014 and forecast from 2014 to 2023?
- What will be the industry market growth from 2014 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Zeolite molecular sieve market based on product and application. It also provides market size and forecast till 2023 for overall Zeolite molecular sieve market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
To browse complete report with TOC: https://www.crystalmarketresearch.com/report/zeolite-molecular-sieve-market .
Also, key Zeolite molecular sieve market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
Toll Free: +1-888-213-4282