Zeolite Market Size, Share & Trends Report

Zeolite Market Size, Share & Trends Analysis Report By Product, By Application (Catalysts, Detergent Builders), By Region (North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2012 - 2022

  • Published Date: Apr, 2018
  • Base Year for Estimate: 2014
  • Report ID: 978-1-68038-601-1
  • Format: Electronic (PDF)
  • Historical Data: 2012 - 2014
  • Number of Pages: 105

Industry Insights

The global zeolite market size was valued at USD 29.08 billion in 2016 and is expected to grow at a CAGR of 2.5% over the forecast years, as a result of growing demand for detergents, rising hygiene awareness among consumers, and rising refining output. Furthermore, escalating need for natural products in pet litters, agriculture and concrete industries is expected to increase industry share over the forecast period.

U.S. zeolite market

Low cost and non-toxicity of the product allow them to be used for antimicrobial protection including bacteria, yeasts, and spores. Increasing zeolite antiseptics use is expected to augment growth over the forecast period. These products require low technical complexity and initial infrastructure investment. In addition, high demand for catalysts, adsorbents, and detergent builders have resulted in a significant growth. In addition, growth of the detergent industry is expected to play an important role in the growth of the product market over the next seven years.

The U.S. zeolite market was estimated at USD 3.89 billion in 2014 and is anticipated to grow at a CAGR of 2.1% from 2015 to 2022. In 2013, the U.S. natural product industry was dominated by animal feed application, where these were used as flow control agents, followed by pet litter applications. These products are low cost materials and use easy-to-operate technologies, making them an attractive option for various industries. However, factors including low purity and divergent crystal size are likely to hamper demand.

Technological innovations aimed at improving manufacturing processes, coupled with low complexity in the production, are expected to have a positive impact on the industry. Stringent regulations regarding environment protection by numerous governments are expected to be a critical driver for industry growth due to its ability to reduce water and air pollution. These products are extensively used as catalysts in petroleum refining of products such as gasoline, diesel and other fuels.

Increasing water treatment activities for treating waste water as well as water purification are anticipated to propel demand for the product as adsorbents. However, presence of enzymes, metals, and other chemical compounds as substitute to zeolite catalysts is expected to hamper market growth. In addition to this, high transportation cost also acts as a major restraint for this sector. Increased petroleum refining and changing lifestyles of people in emerging economies are expected to augment growth in the near future.

Zeolites can be manufactured through numerous processes, which involve use of raw materials such as silica, aluminum, and kaolin. Abundant availability of these raw materials is expected to support market growth owing to low fluctuations in raw material supply. However, these raw materials are also used in a host of other applications including paper, electronics, fabrication, and ceramics. This may result in hampering raw material supply to manufacture zeolites owing to the growth of the aforementioned industries. In addition, price hike of these raw materials is anticipated to hamper profit margins of manufacturers.

Product insights

The global zeolite market has been segmented on the basis of product into natural and synthetic. The natural zeolite demand was USD 8.12 billion in 2014, projected to grow at a CAGR of 2.1% from 2015 to 2022. Commercial natural zeolite deposits are primarily found in the U.S. on account of alteration of volcanic tuffs in saline, alkaline lake deposits and open hydrologic systems. These deposits are primarily present in Arizona, Idaho, Wyoming, California, New Mexico, Nevada, Texas, Oregon, and Utah. Conventional mining techniques are employed to mine natural type of products

Global zeolite market

Synthetic type of products accounted for 70.9% share of the overall market revenues in 2014. These products are extensively used as an absorbent on account of its sieve-like structure. These are used for separation and adsorption across numerous industries including detergents, oil & gas and water treatment.

Growing demand for detergents on account of rising hygiene awareness among consumers is expected to drive demand as a builder in liquid and powder detergents. In addition, expansion of oil & gas industries coupled with growing demand for catalysts that provide higher yield is expected to augment demand over the next eight years. Furthermore, increasing water treatment activities for treating waste water as well as purification of water is expected to propel product demand as adsorbents.

Application insights

Majority of the products manufactured were used for production of detergent builders which accounted for 66.5% of global market volume in 2014. Growing demand for builders in detergents owing to its enhanced cleaning property is expected to augment market growth. Furthermore, development of the detergents industry is expected to fuel product demand over the forecast period.

These products are majorly used as a replacement to phosphorus for manufacturing detergents, as they possess a high level of efficiency in dirt removal and preventing deposition of any foreign particle. Rising demand for these products as a detergent builder over the past few years is expected to drive industry growth over the forecast period. Good dispersibility along with low abrasiveness has resulted in an increased utilization of zeolites for manufacturing detergents. As a result, chemical manufacturers have started focusing on reducing their reliance on sodium phosphate as a raw material for manufacturing detergents and have switched to the use of these products.

Adsorbents manufacturing was the second-largest application segment accounting for 13.6% of the global market volume in 2014. Natural zeolites are abundant and inexpensive resources, which are crystalline hydrated aluminosilicates with a framework structure containing pores occupied by water, alkaline earth cations and alkalis. Due to their high cation-exchange ability as well as to the molecular sieve properties, these products have been widely used as adsorbents in separation and purification processes over the last few years.

Regional insights

Asia Pacific was the second-largest market in terms of revenue in 2014, and is expected to continue this trend over the forecast period. It was estimated at USD 9.14 billion in 2014 and is projected to grow at a CAGR of 3.1% from 2015 to 2022. Rising focus on environmental protection by numerous governments has resulted in a growing utilization of zeolites for water purification and purifying gas streams. Increasing trend toward development of products through bio-based sources is expected to drive product demand over the forecast period.

Rising government infrastructure expenditure in countries, including China and India, is anticipated to fuel growth of product demand owing to their rising use in the manufacturing of lightweight construction material as well as being an important ingredient in producing asphalt concrete mix. Growing demand for zeolites as catalysts from the petrochemical industry in China is expected to augment industry growth over the forecast period.

Europe was the largest market segment in 2014 in terms of revenue and is expected to grow at 2.1% over the forecast period. Regulatory inclination towards restriction of greenhouse gas emissions coupled with robust manufacturing base of refrigerants and detergents in Germany, France, Netherlands and Belgium is expected to fuel zeolite demand. In 2009, the European Commission passed a directive under the name, Renewable Energy Directive (RED), mandating 20% of EU energy production from biomass by 2020. This policy is expected to augment production of bio-based chemicals.

Zeolite Market Share Insights

The industry is fragmented with numerous players present globally. Key companies include Tosoh Corporation, Clariant, BASF SE, Arkema Group,UOP LLC, Zeochem AG, Interra Global Corporation, and KNT Group. These manufacturers employ various strategies to strengthen their position in global market including capacity expansion in Asia Pacific and Europe to adhere to rising demand in the regions.

In August 2014, KNT Group increased its molecular sieve production capacity by 300 tons per month to cater to growing demand of the product for its clients.

Report Scope

Attribute

Details

Base year for estimation

2014

Actual estimates/Historical data

2012 - 2014

Forecast period

2015 - 2022

Market representation                            

Volume in Kilo Tons, Revenue in USD Million and CAGR from 2015 to 2022

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Russia, Turkey, China, India, Brazil, Qatar

Report coverage

Revenue forecast, competitive landscape, growth factors and trends

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Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2012 to 2022. For the purpose of this study, Grand View Research has segmented the global zeolite market report on the basis of product, application, and region:

  • Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

    • Natural zeolite

    • Synthetic zeolite

  • Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

    • Catalysts

    • Adsorbents

    • Detergent builders

    • Others

  • Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

    • North America

      • U.S.

    • Europe

      • Russia

      • Turkey

    • Asia Pacific

      • China

      • India

    • South & Central America

      • Brazil

    • Middle East and Africa

      • Qatar

Key questions answered by the report
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