Global Synthetic Zeolites Market Forecast to 2023: Opportunities in Rising Demand for Adsorbents & Recovering Oil Prices

DUBLIN, Dec 18, 2018 /PRNewswire/ --

The "Synthetic Zeolites Market by Type of Zeolite (Zeolite A, Type X, Type Y, USY, ZSM-5), Application (Detergent Builder, Drying, Separation, & Adsorption, Catalytic Cracking, & Specialties), Function & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

Zeolites are inorganic materials widely used in the chemical industry as catalysts or adsorbents. They are also known as molecular sieves as they can selectively sort molecules using the size exclusion process. Synthetic zeolites have a very high affinity towards cation and thus can be used as detergent builders.

There are over 150 types of synthetic zeolites manufactured using various raw materials containing alumina and silica. Zeolites have unique and exceptional characteristics due to their structural chemistry, acidity, and porosity. They can be used as catalysts in FCC and hydrocracking applications, as detergent builders, as drying agents in natural gas, and to trap volatile organic compounds.

Zeolites are used in industrial applications for their high adsorption capacity of water, separation properties, and controllable pore sizes, which enables selective adsorption or separation based on molecular size. Synthetic zeolites are highly efficient in drying polar liquids such as methanol and ethanol.

Zeolites are classified on the basis of their frameworks into LTA, Faujasites, and MFI. The nature of zeolites depends largely on the silica-to-alumina ratio. They have different pore sizes such as 3A, 4A, 5A, 8A, and 10A which is important during their use as a molecular sieve for adsorption. They can be used for the commercial dehydration of unsaturated hydrocarbons, for industrial gas drying, and for the separation of normal paraffin from hydrocarbon.

The synthetic zeolites market is segmented on the basis of the type, application, function, and region. By type, the market is segmented into zeolite A, Type X, Type Y, Ultra-Stable Y, and ZSM-5. Based on application, the market is segmented into detergent builders; catalytic cracking; drying, separation, and adsorption; and specialties. Based on function, the market is segmented into ion-exchange, molecular sieve, and catalyst. Based on region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America.

Factors expected to drive the growth of the synthetic zeolites market include the increasing demand for Fluid Catalytic Cracking (FCC) catalysts from the refining industry, the growing detergent industry in Asia Pacific, and the rising demand for Volatile Organic Compound (VOC) control adsorbents. The synthetic zeolites market is estimated to be USD 5.21 billion in 2018. Catalytic cracking is the largest application segment of the market. This segment is estimated to account for a share of 61.1% of the total market in 2018, in terms of value. Ultra-Stable Y is the largest type segment of the synthetic zeolites market. This segment is estimated to account for a share of 46.3% of the total market in 2018, in terms of value. North America is estimated to account for the largest share of 34.0% of the synthetic zeolites market in 2018, in terms of value.

Key players in the market include Albemarle Corporation (US), BASF SE (Germany), Honeywell International Inc. (US), Clariant AG (Switzerland), W. R. Grace & Co. (US), and others. These companies have adopted growth strategies such as expansions and new product launches to increase their presence in the synthetic zeolites market.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Stakeholders

1.6 Limitations



2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Assumptions



3 Executive Summary



4 Premium Insights

4.1 Attractive Opportunities in the Synthetic Zeolites Market

4.2 Synthetic Zeolites Market, By Type of Zeolite

4.3 Synthetic Zeolites Market, By Application

4.4 Synthetic Zeolites Market, By Region



5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rising Demand for Synthetic Zeolites From the Detergent Industry

5.2.1.2 Increasing Number of End-Use Industries for Synthetic Zeolites

5.2.1.3 Significant Usage of Synthetic Zeolites for Catalytic Cracking in the Petroleum Industry

5.2.2 Restraints

5.2.2.1 High Selectivity Leads to Lower Exploitation of Synthetic Zeolites for Various Applications

5.2.3 Opportunities

5.2.3.1 Rising Demand for Adsorbents

5.2.3.2 Recovering Oil Prices

5.2.4 Challenges

5.2.4.1 Toxic Nature of Synthetic Zeolites

5.3 Porter's Five Forces Analysis

5.4 Economic Indicators

5.4.1 Industry Outlook

5.4.1.1 Oil & Gas

5.4.2 Industry Outlook - Petrochemicals



6 Synthetic Zeolites Market, By Framework

6.1 Introduction

6.2 Linde Type A

6.3 Faujasite

6.4 MFI



7 Synthetic Zeolites Market, By Pore Size

7.1 Introduction

7.2 3A-7A

7.3 7A-10A



8 Synthetic Zeolites Market, By Function

8.1 Introduction

8.2 Ion-Exchange

8.3 Molecular Sieve

8.4 Catalyst



9 Synthetic Zeolites Market, By Application

9.1 Introduction

9.2 Detergent Builder

9.3 Drying, Separation, and Adsorption

9.4 Catalytic Cracking

9.5 Specialties



10 Synthetic Zeolites Market, By Type of Zeolite

10.1 Introduction

10.2 Zeolite A

10.3 Type X

10.4 Type Y

10.5 Ultra-Stable Y (USY)

10.6 Zsm-5



11 Synthetic Zeolites Market, By Region



12 Competitive Landscape

12.1 Overview

12.2 Market Ranking of Key Players

12.3 Competitive Scenario



13 Company Profiles

13.1 Albemarle Corporation

13.2 BASF SE

13.3 Honeywell International Inc

13.4 Clariant AG

13.5 W. R. Grace & Co.

13.6 Tosoh Corporation

13.7 Union Showa K.K.

13.8 Zeochem AG

13.9 Knt Group

13.10 Arkema S.A

13.11 Zeolyst International

13.12 Huiying Chemical Industry (Quanzhou) Co., Ltd.

13.13 Chemiewerk Bad Kstritz Gmbh

13.14 National Aluminum Company Limited (NALCO)

13.15 PQ Corporation

13.16 Other Key Players

13.16.1 Ningbo Jiahe New Materials Technology Co., Ltd

13.16.2 Sorbead India

13.16.3 Dalian Haixin Chemical Industrial Co., Ltd

13.16.4 Gujarat Credo Mineral Industries Ltd

13.16.5 Gujarat Multi Gas Base Chemicals Pvt. Ltd

13.16.6 Iqe Group

13.16.7 Rive Technology

13.16.8 Eurecat Services Inc

13.16.9 Fujian Anten Chemical Co., Ltd

13.16.10 Manek Minerals

For more information about this report visit https://www.researchandmarkets.com/research/hjtmwf/global_synthetic?w=5

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