The global zeolite molecular sieve market stood at USD 3,376.7 Mn in 2018 and is projected to witness growth with CAGR of 3.7% over the forecast period. Zeolite molecular sieve finds vast application in the detergent industry. Growing demand from the detergent industry and increasing applicability in waste water treatment is projected to boost the market growth.
.png "Global Zeolite Molecular Sieve Market , 2015-2025 (USD Billion)")
Zeolite is originally a naturally occurring aluminosilicate. The three-dimensional structure of the molecule is one of key property of the mineral which helps in selective filtration. The pores in the structure take the smaller sized particles and exclude the larger particles, thus leading to selective filtration. Furthermore, electro neutrality and high absorption capacity of the zeolite molecular sieve is also one of the key properties of the mineral that have made zeolites commercially successful.
Zeolite molecular sieves are widely used in detergents industry. They are used in manufacturing of detergents, where they help in increasing the effectiveness of the detergent by softening the water. Detergents are very widely used for domestic purpose for cleaning. Growing consumer awareness for efficient sanitation has led to stable growth of the detergent industry which is one of the major driving factors for zeolite molecular sieve market. Apart from detergents, zeolite molecular sieves are also used as a catalyst in chemical preparations; filter in waste water treatment and in handling oil spills. Owing to these factors, the global zeolite molecular sieve market is anticipated to witness notable growth during the forecast period.
In terms of market competition, zeolite molecular sieve market is a fragmented industry with presence of large number of players present across the globe. Arkema Group, BASF SE, Tosoh Corporation, Interra Global Corporation, Zeochem AG, UOP LLC, Honeywell International Inc, Solvay Chemicals, Merck Co. Inc. and Grace Catalysts Technologies are some of the key players that have significant presence in the global market.
Zeolite Molecular Sieve Market Scope
| Metrics | Details |
| Base Year | 2019 |
| Historic Data | 2017-2018 |
| Forecast Period | 2020-2025 |
| Study Period | 2015-2025 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2025 | USD 3,376.7 million |
| Growth Rate | CAGR of 3.7% during 2021-2028 |
| Segment Covered | Applications, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Key Players Profiled | Arkema Group, BASF SE, Tosoh Corporation, Interra Global Corporation, Zeochem AG, UOP LLC, Honeywell International Inc, Solvay Chemicals, Merck Co. Inc. and Grace Catalysts Technologies |
Key segments of the global zeolite molecular sieve market
Applications Overview, 2015-2025(Kilo tons)(USD million)
- Detergents
- Catalysts
- Others
Regional Overview, 2015-2025 (Kilo tons)(USD million)
- North America
- US
- Rest of North America
- Europe
- UK
- France
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Reasons for the study
- The aim of the study is to give an extensive outlook of the global zeolite molecular sieve market
- Over the years, improvement in chemical properties has positively influenced the expansion of the market owing to which zeolite is now used for various applications
- The global detergent industry is witnessing remarkable growth since past few years owing to which demand for novel offerings has increased, thus impacting the demand of zeolite molecular sieves market
What does the report include?
- The research study on the global zeolite molecular sieve market includes qualitative factors such as drivers, restraints, and opportunities
- Additionally, the market has been evaluated using the value chain and Porter’s five forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of application and region. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
This study is suitable for industry participants and stakeholders in the zeolite molecular sieve industry. The report will benefit:
- Executives of zeolite molecular sieve manufacturing companies engaged in production and distribution
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to zeolites molecular sieve industry
- Venture capitalist looking into investing capital
- Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions for waste water treatment
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Historical development of detergent builders and laws & regulations impacting the detergent industry:
- TABLE 1 Historical development of detergent builders
|
Year |
Detergent builder composition |
|
1907 |
Silicate (water glass) + carbonate |
|
1933 |
Diphosphate |
|
1946 |
Triphosphate |
|
1976 |
Zeolite A + triphosphate |
|
1983 |
Zeolite A + carbonate + cobuilders |
|
1994 |
Zeolite A + special silicates + cobuilders |
|
1994 |
Zeolite P + carbonate (+ cobuilders) |
|
1997 |
Zeolite X + carbonate (+ cobuilders) |
- TABLE 2 Laws & regulations impacting the detergent industry
|
Year |
Law/Regulation |
Theme/Comment |
|
1961 |
Germany, Law on Surfactants in Detergents and Cleaning Products |
Primary degradation of surfactants |
|
1973 |
European Council Directive on the Biodegradability of Anionic Surfactants |
General requirements for biodegradability |
|
1975/87 |
Germany, Law on Detergents and Cleaning Products |
Quantitative regulations |
|
1970-91 |
Europe, regulations to limit phosphates in various countries |
Laws or voluntary agreements |
|
1972-88 |
USA, regulations on the use of phosphates in various states |
Bans or limitations |
|
1989 |
European Commission Recommendation for the Labelling of Detergents |
Quantitative data on ingredients of more than 0.2% |
|
1991/98 |
Germany, Packaging Ordinance |
Prevention of waste, recycling |
|
1995 |
European Commission Decision on the Eco-Label for Laundry Detergents |
Establishing ecological and performance criteria |
|
1998 |
European Commission Recommendation on Good Environmental Practice for Household Laundry Detergents |
Conservation targets |
The zeolite molecular sieve market is segmented on the basis of application into detergent, catalyst and other applications. The others segments includes zeolites used as an absorbent and natural zeolites.
.png "Global Zeolite Molecular Sieve Market Share, By Application (USD Billion)")
So far, detergent segment has dominated the global zeolite molecular sieve market with 65% of the market share in the global market. Detergents are used in wide array of applications for domestic cleaning purpose. They also are primary choice for cleaning of textiles owing to which demand for detergents is visibly high. Growing consumer awareness regarding the benefits of eco-friendly zeolites has led to increased demand for these products, which is positively affecting the zeolite molecular sieve demand. Zeolite molecular sieve based detergents now have largely replaced sodium tripolyphosphate (STTP) as it is known to cause water pollution by accelerating growth of unwanted flora in the sewers. Overall, high usage of zeolite molecular sieve in the detergent segment is projected boost the market growth in the coming years.
Apart from detergents, zeolite molecular sieves are used as an adsorbent and catalysts in oil & gas industry. Zeolite molecular sieves are used as petroleum refining catalyst in process such as hydrocracking, isomerisation and dewaxing. In various chemical preparations, zeolite molecular sieve is used for removing water from liquid and gases. Zeolite molecular sieves are also now increasingly being used in new application areas such as pharmaceuticals and biotechnology. Therefore, growing usage of the product in new areas is projected to boost the growth of global zeolite molecular sieves market.
The global zeolite molecular sieve market is analysed for key regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
-(USD-Million).png "China Zeolite Molecular Sieve Consumption and Revenue , 2015-2025 (Kilo Tons) (USD Million)")
Asia Pacific dominated the global zeolite molecular sieve market with >35% of the global market in 2018. The region is also anticipated to show fastest growth with a CAGR of 4.0% over the forecast period, on account of rising demand for catalysts and detergents. Waste water purification industry is witnessing significant growth in the region owing to industrial expansion coupled with significant growth in population. Growth in water treatment industry can also be attributed to rising government focus on environmental protection. Detergent segment accounted for the largest market share in the region on account of rising household spending. However, growth in industrial applications has led to increased demand for catalysts which is projected to grow at fastest CAGR of 5.6% over the forecast period.
North America and Europe together accounted for nearly 50% of market share globally. Europe is one of the prominent consumers of the said market on account of stringent environmental regulations for greenhouse emissions. Germany, the Netherlands and France are major manufacturing base for detergents owing to which the demand for zeolite molecular sieve is quite high. Overall, stable demand growth in Europe is also projected to supplement the market growth in forthcoming years. Emerging markets of Middle East & Africa is also anticipated to offer novel opportunities owing to growing demand from oil & gas industry.