USD 5.1 billion
Synthetic Zeolites Market Size, Share, Growth Analysis, By Type(Zeolite A, Type X, Type Y, USY), By Product(Synthetic, and Natural), By Function(Ion exchange, and adsorbent/Molecular sieves), By End-Use(Detergents, Refining, Catalyst, Petrochemicals), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15F2178 |
Region:
Global |
Published Date: March, 2024
Pages:
157
|Tables:
127
|Figures:
67
Synthetic Zeolites Market Insights
Synthetic Zeolites Market size was valued at USD 5.22 Billion in 2023 and is poised to grow from USD 5.35 Billion in 2024 to USD 6.52 Billion by 2032, growing at a CAGR of 2.50% during the forecast period (2025-2032).
Increasing end-use applications for synthetic zeolites are the root causes for the growth of the synthetic zeolites market. Increased cost of consumption of concentrated detergents will further provide lucrative growth opportunities for the developed synthetic zeolites market. Increasing technological advancements and increasing incidence of FCC catalysts in industrial applications will further increase the demand for synthesized zeolites. The increasing demand for ionization agents and water softeners will also boost the demand for synthesized zeolites. Increased support from the government to curb the use of phosphates in detergents will also provide remunerative opportunities for the synthetic zeolites market.
Zeolite is a crystalline complex of aluminosilicates containing alumina and silica. These minerals have different size mechanisms and tissues that regulate their chemical and biological properties. Molecular sieves occur primarily in nature and because minerals are synthesized. According to the United States Geological Survey, more than 200 variants have been identified worldwide, 40 of which are naturally occurring, and each molecular sieve obtained is inspected and developed by the Structure Commission (IZA) of the International Zeolite Association. Increasing consumer consciousness towards health and hygiene has led to the development of high-quality and environmentally friendly detergents, thus boosting the growth of the global synthetic zeolites market.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Synthetic
Fastest Growth
Growth Rate
2.50% CAGR
Global Synthetic Zeolites Market ($ Bn)
Country Share for North America Region (%)
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Synthetic Zeolites Market Segmental Analysis
The Synthetic Zeolites market segmentation, based on type, includes Zeolite A, Type X, Type Y, USY, ZSM- 5, and Others. The Synthetic Zeolites market segmentation, based on product, includes the synthetic and natural. The Synthetic Zeolites market segmentation, based on function, includes ion exchange and adsorbent/molecular sieves. The Synthetic Zeolites market segmentation, based on the end-use industry, includes detergents, refining, catalyst, petrochemicals, wastewater treatment, air separation, refrigerants, coatings, adhesives, sealants, elastomers (case), and others. By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World.
Analysis by Product
The natural counterpart dominates the market due to lower costs. The construction industry is the main end use of natural zeolites, where these are used in the manufacture of building materials such as dimension stone, light aggregate, pozzolanic cement etc. Increased construction costs post-COVID to boost economic growth in various countries are expected to prove fruitful for market growth.
The synthetic segment accounted for more than 87.0% of the revenue by 2021. These are synthetic aluminosilicate minerals with a sponge-like structure, with small pores that allow them to be used as catalysts or ultrafine pores. Moreover, they are easily reusable. These are used in various industries including petrochemicals, water filtration and animal feed. As petrochemicals are used in innumerable products such as plastics, detergents, makeup products, solvents, shampoos, lubricants, etc., their production is expected to increase in the coming years, and through has positively influenced the demand for the product.
Analysis by End-Use
The catalyst segment recorded the largest revenue share of 47.0% by 2021. For example, in November 2021, Indian Oil Corporation announced that it would increase capacity to 25 million tons per annum. The company expects to increase its total refining capacity from about 81 million Tonnes to 106 million Tonnes per annum by 2023-2031.
The detergent manufacturer segment was the second largest by market in terms of revenue by 2022. Synthetic zeolites are used to remove solid aqueous ions and soften aqueous media for cleaning, and they are washed. The epidemic due to increasing health consciousness among people has led to high demand for laundry detergents, which have benefited from the growth of the segment.
Global Synthetic Zeolites Market By Product
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Synthetic Zeolites Market Regional Insights
North America dominated the market and accounted for over 22.0% of the revenue by 2022. Growth in animal feed and petrochemical production coupled with the ability to increase consumption in this regional Region third in global feed production by 2020, at 237.2 million tons, up 1% in 2019. The United States and Mexico are among the world’s largest feed producers Asia-Pacific demand for new petrochemical plants, water recycling, detergents, cement growing. The market is expected to witness significant growth due to livestock and food processing.
Asia Pacific held a market size of $2.16 billion (about $7 per person in the US) (about $7 per person in the US) (about $7 per person in the US) (about $7 per person in the US) by 2022. China, India and South Korea accounted for the highest zeolite expenditure in the region due to increase in infrastructure spending and movement of public infrastructure. The market share was South Korea’s construction industry is a major source of export earnings for the country’s economy. The domestic market is expected to grow during the forecast period owing to increasing government expenditure on public infrastructure and industrial and commercial projects.
Global Synthetic Zeolites Market By Region
- Largest
- Fastest
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Synthetic Zeolites Market Dynamics
Drivers
- Growing Need for Synthetic Zeolites as Liquid Catalytic Cracking Catalysts
The growing development of synthetic zeolites as liquid fracturing agents is primarily driving the market growth. Hydrocracking is a process of breaking down heavy hydrocarbon molecules into lighter hydrocarbon molecules to produce fuel in refining process Thus, the global demand for petroleum has increased the consumption of resources, thereby increasing the growth of global synthetic zeolites market.
Increasing Construction Activity Will Boost the Natural Zeolites
- Natural zeolite is widely used in the manufacture of building materials including cement and concrete, as it helps to improve the mechanical strength and enhance the durability of cement & concrete composites It is widely used in lightweight concrete in the production of. It reinforces the concrete fiber longer and prevents cracks from forming. Moreover, it drives market growth as it is a cost-effective and environmentally friendly solution that is desirable in the construction industry.
Restraints
- Influence of Toxicity Properties of Synthesized Zeolites
The toxicity of synthetic zeolites, and the associated health risks, are barriers to their widespread use. This factor is expected to restrain the growth of the market during the forecast period. Addressing health concerns and developing safer alternatives are essential to mitigate these limitations and encourage market expansion.
- Threat of Substitution as a Catalyst Can Limit the Diversification of Materials
The product is used in various application industries; however, availability of new products may restrain market growth. Increased water processing for water treatment and wastewater treatment is expected to boost demand. However, availability of chemical compounds such as enzymes and metals as alternatives to molecular sieve catalysis may restrain market growth. Furthermore, fluctuations in fuel prices can increase transportation costs, which is a deterrent in the market.
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Synthetic Zeolites Market Competitive Landscape
The competitive environment of the global Synthetic Zeolites market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
- Zeolyst International Inc.
- Albemarle Corporation
- Fujian Risheng Chemical Co., Ltd
- W.R. Grace & Company
- Anten Chemical Co., Ltd.
- Chemiewerk Bad Kostritz GmbH
- BASF SE
- Clariant AG
- Honeywell International, Inc.
- Huiying Chemical Industry (Quanzhou) Co., Ltd.
Recent Developments
- March 2023- International Zeolite announces the opening of a new manufacturing facility in Jordan, Ontario. The company acquired the plant in December 2022 for the manufacture of fertilizer delivery and NEREA products. The plant will add 25 tons of the company’s products per day.
- In July 2023, Zeolist International, a subsidiary of Ecovist Inc. and Valoregen together, announced a joint venture to develop advanced recycling technologies for the Opal Infinity Zeolites portfolio.
- In July 2023, Chevron and specialty chemicals leader W. R. Grace & Co. will sign a new merger. announced the merger. (Grace) has partnered with Advanced Refining Technologies LLC (ART) to source Renewable Diesel (RD) and Sustainable Aviation Fuel (SAF) from 100% renewable sources.
Synthetic Zeolites Key Market Trends
Increasing Demand for Detergents
- The increasing demand for detergents across the globe due to increasing sanitation awareness is expected to boost the synthetic zeolites market. Synthetic zeolites are used in detergents whereas contributes to the increased washing. Moreover, due to increasing environmental concerns, synthetic zeolites are being used worldwide in detergents to replace phosphate-based detergents phosphate-based products have a negative impact on the marine and aquatic environment. Thus, increased demand for bleach accelerates market growth. For example, detergent company Procter & Gamble’s revenue rose from the US. $67.2 billion (about $210 per person in the US) (about $210 per person in the US) (about $210 per person in the US) in 2021 to the US. $69.1 billion (about $210 per person in the US) (about $210 per person in the US) (about $210 per person in the US) by 2022.
Synthetic Zeolites Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
"The increasing use of synthetic zeolites in the hydrogen economy is expected to offer practical opportunities in the near future. The growth in demand for hydrogen-based energy as a clean energy source and sustainability is driving the demand for synthetic zeolites, and there are exciting opportunities in the coming years. Many commercial detergents have synthetic zeolites, which help them wash better. Detergents containing synthetic zeolites have a high adsorption capacity for water molecules, especially surfactants. Synthesized zeolites are used in compact and supercompact detergents. Zeolite A was considered a good alternative to STPP, and its demand has increased significantly with the EU ban on the use of sodium tripolyphosphate (STPP) in detergents to prevent increased soluble phosphorus outside the edge of urban wastewater.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 5.1 billion |
| Market size value in 2031 | USD 6.36 billion |
| Growth Rate | 2.50% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Synthetic Zeolites Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Synthetic Zeolites Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Synthetic Zeolites Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Synthetic Zeolites Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Synthetic Zeolites Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Synthetic Zeolites Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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