Zeolites Market May Cross US$ 14.1 billion by 2026

Zeolites are a group of porous, crystalline minerals made up of aluminum, silicon, and oxygen atoms. They are used in a variety of applications, including water and air purification, and as catalysts in chemical reactions. Zeolites also have potential applications in medicine, as they can absorb toxins and other substances from the body. Zeolites are also used in agriculture, as soil additives to help retain moisture and nutrients, and to reduce the presence of harmful substances.

The global zeolites market size is estimated to be valued at USD 12.1 billion in 2021 and is expected to reach USD 14.1 billion by 2026, growing at a CAGR of 3.1%. Factors that are driving the market growth include its increasing use in detergents, water treatment, and pet litter, growing demand for zeolites in oil & gas recovery, and improved production processes. Zeolites are crystalline aluminosilicates of alkali and alkaline earth metals. They are used in a wide range of applications, including detergents, water treatment, pet litter, oil & gas recovery, and agricultural animal feed. In addition, they are used in the manufacture of catalysts, polishing compounds, and other specialty products. Zeolites are also used in the production of cosmetics, medicines, and other products. The growing demand for zeolites in oil & gas recovery is expected to drive the market growth. Zeolites are used in oil & gas recovery to reduce water content in the oil and increase the recovery rate of hydrocarbons. Moreover, the increasing demand for zeolites in detergents is also expected to drive the market growth.

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Increasing demand from the detergent sector for synthetic zeolites

The demand for synthetic zeolites from the detergent industry is rising due to their unique properties, such as their ability to absorb odors, reduce water hardness, and provide an economical means of cleaning. Synthetic zeolite is used as a detergent builder, which helps to improve the cleaning efficiency of the detergent by trapping dirt and reducing the amount of surfactant needed to create suds. Zeolites are also used as anti-redeposition agents, which prevent particles from settling back onto the surface being cleaned. Additionally, the use of zeolites in detergents helps to reduce the amount of phosphates used in the product, thus helping to reduce water pollution. As a result, the demand for synthetic zeolites from the detergent industry is expected to continue to rise in the coming years.

By function, the molecular sieve segment is the fastest-growing market during the forecast period.

Molecular sieve zeolites are a type of synthetic zeolite that are utilized as a molecular sieve in a range of industrial applications. These zeolites are generally utilized as adsorbents, catalysts, filtration media, and as a drying agent. Molecular sieves are industrially produced by the hydrothermal method, where the zeolite crystals are formed from the reaction of alkali metal silicate solution with alkali metal hydroxide. The growth of the molecular sieve zeolites market is mainly driven by the increasing demand for molecular sieve zeolites from the petrochemical, refining, and gas-processing industries. Additionally, the rising demand for molecular sieves from the pharmaceutical industry as well as the growing demand for eco-friendly and cost-effective solutions for industrial applications is expected to drive the growth of the market.

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During the projected period, Catalyst is anticipated to rule the zeolites market in terms of function.

Catalyst is a material that speeds up chemical reactions without being consumed in the process and zeolites are crystalline aluminosilicates with a wide range of applications in various industries, including petrochemicals, water treatment, agriculture, and air purification. The growing demand for zeolites in various industries is expected to drive the market growth, and the use of catalysts in zeolites production is expected to further enhance the growth of the market. The increasing demand for catalysts in the production of zeolites is expected to further accelerate the growth of the zeolites market and thus, Catalyst is expected to dominate the zeolites market during the forecast period.

By type, synthetic zeolite is the fastest-growing segment during the forecast period of 2021 to 2026.

Synthetic zeolite is an engineered material made from hydrated aluminosilicates of alkali and alkaline earth metals. It is used in a variety of applications, including water treatment, gas scrubbing, and catalysis. Synthetic zeolite is also used in the production of detergents, pet litter, and as a feedstock for other industrial applications. It is growing in popularity due to its ability to absorb pollutants, its low cost, and its high resistance to chemical and thermal stability. This makes it an ideal material for many industrial applications.

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Asia Pacific is the fastest-growing region in the zeolites market.

The Asia Pacific region is the fastest-growing region in the zeolites market owing to increasing demand for zeolites from the industrial sector for water treatment, petrochemicals, and fertilizers. Growing industrial development in countries such as China, India, South Korea, and Japan, coupled with increasing demand for natural zeolites from the construction industry, is expected to drive the zeolites market in the region. Furthermore, increasing investments in end-use industries such as detergents, food & beverages, and pharmaceuticals are expected to propel the growth of the Asia Pacific zeolites market.

The key market players include Albemarle Corporation (US), BASF SE (Germany), Honeywell International Inc. (US), Clariant (Switzerland), W.R. Grace & Co. (US), TOSOH Corporation (Japan), Union Showa KK, (Japan), Zeochem AG (Switzerland), KNT Group (Russia), Arkema (France), Zeolyst International (US), Huiying Chemical Industry(Xiamen) Co., Ltd. (China), Chemiewerk Bad Köstritz GmbH (Germany), NALCO India (India), and PQ (US) and others.

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