According to an updated analysis issued by Fact.MR, a market research and competitive intelligence service, global demand for zeolite is expected to reach a market valuation of $ 16 billion by 2024. The zeolite market is expected to grow to US$ 28.6 billion by the end of 2034.

The building sector is currently experiencing a surge in demand for lightweight materials, which is contributing to the increased use of natural zeolites. They are used to improve the durability and mechanical strength of a variety of construction materials, including concrete and cement. Furthermore, increased investments in petrochemical manufacturing are expanding zeolite suppliers' market potential.

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Several regulations have been enacted to prevent the use of phosphate in detergent manufacture. As a result of their lower toxicity when compared to STPP, demand for zeolites is increasing. Furthermore, the growing usage of zeolite as a refrigeration adsorbent and in water treatment methods is adding to its increased sales.

Key Takeaway from Market Study

• Zeolite sales are expected to reach $12.19 billion globally by 2024.
• The global zeolite market is expected to reach US$ 19.85 billion by the end of 2034.
• The market is expected to grow at a 5% CAGR from 2024 to 2034.
• East Asia is expected to account for 24.6% of worldwide market value by the end of 2034.
• Zeolite sales in South Korea are expected to grow at a 6.3% CAGR between 2024 and 2034.
• Global demand for synthetic zeolite is expected to grow at a 5% CAGR, reaching a market worth of US$ 13.74 billion by the end of 2034.

 “Rising investments toward increasing petrochemical production and growth of the detergent industry are key factors contributing to growing demand for zeolite,” says a Fact.MR analyst.

Increasing Use of Zeolite Across Various Industries in East Asia

Demand for zeolites in East Asia is projected to grow at a CAGR of 4.6%, reaching $4.88 billion by 2034. This growth is driven by rising demand for water recycling and petrochemical facilities. Additionally, increased production of animal feed and cement is expected to further boost zeolite demand in the region.

Read More: https://www.factmr.com/report/zeolite-market

Key Market Players

Some of the key suppliers of zeolites are BASF, Albemarle Corporation, Blue Pacific Minerals, Clariant AG, CWK Chemiewerk Bad Kostritz GmbH, Gordes Zeolite, GCMIL, KMI Zeolite, ROTA MINING CORPORATION, and Zeolyst International.

Key Segments of Zeolite Market Research

• By Type:
• Natural
• Synthetic
• By End Use:
• Building & Construction
• Water Treatment
• Animal Nutrition
• Odor Control & Desiccant
• Detergents
• Agriculture
• By Region:
• North America
• Latin America
• Eastern Europe
• Western Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the zeolite market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).

The study divulges essential insights into the market based on product (natural zeolite, synthetic zeolite) and application (catalysts, adsorbents, detergent builders, cement, animal feed), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).

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