Report ID: SQMIG15E2147
Report ID:
SQMIG15E2147 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
92 |
Figures:
76
Global Zeolite Molecular Sieve Market size was valued at USD 3.83 billion in 2022 and is poised to grow from USD 3.97 billion in 2023 to USD 5.25 billion by 2031, growing at a CAGR of 3.57% during the forecast period (2024-2031).
A crystalline porous material with a fixed pore size is referred to as a zeolite molecular sieve. It takes the form of small, pink-colored beads that act as a catalyst in various chemical processes. It is made from aluminosilicate solids with a consistent size and structure and contains other elements such as sodium, potassium, magnesium, and calcium.
The molecular sieve is widely used in the production of detergents, for adsorption and separation in water treatment applications, and for the dehydration of ethanol, air, refrigerants, methane, and cracked gases. It is also electroneutral and allows for the selective absorption of materials based on particle size and polarity. One of the main factors influencing the market is the oil and gas sector's rapid growth.
Additionally, the expanding need for effective water treatment systems across the globe is fueling market expansion. Hazardous organic substances found in wastewater, such as pesticides, herbicides, phenols, polycyclic aromatic hydrocarbons (PAHs), aliphatic and heterocyclic chemicals, and macro-porous solids are removed using a molecular sieve. In accordance with this, the widespread use of premium detergents brought on by the general public's growing concern of hygiene is also assisting the market's expansion.
Due to its environmental friendliness and assistance in removing calcium and magnesium ions from water for a successful wash, the zeolite molecular sieve is employed as an efficient binder in both liquid and powder detergents. The introduction of silver-infused sieves with antibacterial qualities is only one example of a product innovation that is helping the market expand. It is projected that further factors, including quick industrialisation and intense research and development (R&D) operations, will fuel the industry even more.
US Zeolite Molecular Sieve Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15E2147