Global Specialty Zeolites Market: Overview
The specialty zeolites are the type of zeolites that involve specialty synthesis, mainly the high-pressure synthesis. At the time of crystallization/synthesis, some specialty organic additives are also added. Small amounts of specialty zeolites are utilized for the adsorption purposes in plastics, paints & coatings, construction materials, and personal care.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Specialty Zeolites Market: Growth Factors
The increased use of the specialty zeolites in the paints and coatings industry is the major factor driving the growth of the market. The specialty zeolites are used to eliminate the odor and in improving the adsorption of the volatile organic compounds. Due to the implementation of the strict government regulations in order to eliminate the volatile organic compounds that are present in the paints and coatings the use of the specialty zeolites has increased widely thus increasing the demand for specialty zeolites market. The specialty zeolites are also being used widely in the construction industry as they can be used in manufacturing lightweight blocks required in the construction. They are also used to produce lightweight concretes which are of high quality. Owing to these benefits the demand for the specialty zeolites market is growing in the emerging economies due to the increasing constructional projects. The other end-user industry that is having an increased demand for the specialty zeolites is the plastic industry.
The availability of other adsorbents and their growing utilization, for instance, silica gel and activated carbon, is limiting the growth of the specialty zeolites market.
Global Specialty Zeolites Market: Segmentation
The specialty zeolites market is classified on the basis of end-user and geography. Based on end-user, the specialty zeolites market has been classified into paints & coatings, plastics, personal care, and construction materials. The paints & coatings segment is anticipated to be the most dominating segment followed by plastics and construction materials.
Global Specialty Zeolites Market: Regional Analysis
Regionally, the specialty zeolites market can be segmented into Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. Europe is expected to be in the leading position for specialty zeolites market, followed by the Asia Pacific and North America. North America is expected to develop at a reasonable rate in the years to come owing to mature end-user industries. It is also estimated that Asia Pacific countries will witness a high growth rate in the future due to the healthy economic growth rate, infrastructural advancement, and quick growth rate in both industrialization and urbanization. India is projected to show a considerable development in construction division, as compared to China, which is going to boost the growth of the specialty zeolites market in the years to come.
Global Specialty Zeolites Market: Competitive Players
Some of the major companies in the global specialty zeolites market are Tosoh Corporation, Honeywell UOP, BASF SE, Zeochem AG, Clariant, Arkema Group, Albermarle Corporation, W. R Grace & Company, and Zeolyst International among others.
Global Specialty Zeolites Market: Regional Segment Analysis
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