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Synthetic Zeolites Market Foreseen to Grow Exponentially by 2020
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Synthetic Zeolite Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 ©2019 Transparency Market Research, All Rights Reserved
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Synthetic Zeolite Market: Overview A high volume of players are currently present in the global specialty zeolites market, as stated in a research report released by Transparency Market Research. The leaders of the market for 2015 – Tosoh Corporation, Arkema Group, BASF SE, and W.R. Grace & Co. – held a collective share of 34.7% in its overall value. The players in the market are spread out in terms of size, thereby creating a wide and diverse number of enterprises. The leaders of the global specialty zeolites market are largely concerned with the applications of technological innovations that will give way to reducing processing costs and introduce high-quality products on a commercial level. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
APAC Demand Continues to Surge • Asia Pacific has been the leading consumer of specialty zeolites in and since 2013, and is likely to remain in the lead for the coming years. • The region took up a massive 40% of the market in 2013 and the demand is being fuelled by several verticals. • A huge scope of growth was present in the global specialty zeolites market in the application segment of detergents. • Governments, environment agencies, and a growing number of environment conscious consumers have been supporting the use of specialty zeolites over phosphates in detergents, due to the harmful effects the latter can have on the environment. REQUEST FOR COVID19 IMPACT ANALYSIS
Construction and Adsorbents Industries Boost Usage of Specialty Zeolites “Specialty zeolites have consistently found a solid scope of demand from the construction industry. The surge in construction activities in construction across the world and across different sectors is currently the leading factor contributing to the increasing revenue stream of the global specialty zeolites market,” states a TMR analyst. Urbanization is a key proponent of the construction industry and consequently, the global specialty zeolites market. This can be seen across the swiftly growing urban areas in China, India, and Brazil. ©2019 Transparency Market Research, All Rights Reserved
Major companies dominating the market Honeywell International, Inc. Clariant AG BASF SE Albemarle Corporation Huiying Chemical Industry (Quanzhou) Co. Ltd and W.R. Grace & Company ©2019 Transparency Market Research, All Rights Reserved
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