Traditionally, the absorbents used in various industries are known for their harmful effects on the environment as they are volatile organic compounds (VOCs). Against this backdrop, the usage of zeolites is being promoted as a safe absorbent. Zeolites are three-dimensional microporous crystalline solids of aluminium silicate. They have incredible hydrophobicity, thermal stability, and non-flammability. The cumulative force of these prerequisites is nurturing notable growth possibilities for the expansion of the global zeolites market.
These attributes make them perfect to be used for VOC removal processes in the petrochemical industry. Several healthcare and environmental agencies are actively promoting the use of zeolites to reduce VOC emissions and associated health risks. Moreover, the absorbent properties of zeolites make them perfect for usage in the agriculture industry to boost the effectiveness of fertilisers and soil management.
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Soaring Demand to Sustain Promising Growth Momentum of Centrifugal Pump Market
The demand for synthetic zeolites is expected to increase due to the growing production of detergents. Synthetic zeolites, also known as molecular sieves, are crystalline aluminosilicates obtained through a thermal process. Presently, about 200 types of zeolites can be produced synthetically in laboratories. Synthetic zeolites possess better ion exchange attributes than natural zeolites. Additionally, these zeolites are recyclable, thereby facilitating their usage in petrochemicals, water filtration and animal feed production domains. Synthetic zeolites are widely employed as heterogeneous catalysts in a range of emerging and traditional catalytic processes. To this end, the growing demand for synthetic zeolites is expected to steepen the growth curve of the global zeolites market.
Increasing Application in Agricultural Activities to Prolong Zeolites Market Expansion
The agriculture industry is one of the key components of zeolites’ application pool. Their higher water retention and ion exchange properties make zeolites perfect for soil amendment procedures and fertiliser use. Besides, they are highly capable carriers of fungicides, pesticides, and herbicides, and retain ammonia content in the soil. Zeolites have also showcased outstanding results when used in soil management. Modern farmers often use them to promote and enhance the use of nutrients in agricultural activities. These agricultural applications, coupled with the agriculture industry’s sustained growth momentum are poised to bode well for the global zeolites market in the forecast period.
Asia Pacific to Dominate Zeolites Market Amidst Thriving Construction Industry
The growing construction industry in Asia Pacific is aiding the regional zeolites market expansion. Several regional economies are actively conducting infrastructural development amidst rapid urbanisation and improving living standards. Moreover, other factors such as the development of several new water recycling plants, the production of animal feed and cement, and increasing demand for detergents are contributing to the regional market growth. Major regional economies such as India, China, and South Korea are poised to exhibit significant growth potential. These factors are aiding Asia Pacific’s position as the leading market region.
Most Influential Market Players
Some of the key players in the global zeolites market include Arkema Group, BASF SE, Honeywell International Inc., Clariant, Shijiazhuang Jianda High-Tech Chemical Co. Ltd., Tosoh Corporation, and Blue Pacific Minerals Ltd.
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