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Zeolite Molecular Sieve Market Outlook and Global Foresight to 2022

Increasing demand for energy coupled with stress on green technologies has resulted in growing demand for zeolite molecular sieves as catalysts for petroleum refining. The Global Zeolite Molecular Sieve Market is expected to reach USD 4.27 billion by 2022, according to a new study by Grand View Research, Inc. Higher efficiency and yield, and non-toxicity property of zeolites has resulted in the extensive use of the mineral for catalytic operations. In addition, growing demand for adsorbents owing to rising awareness regarding presence of hazardous organic materials in wastewater is expected to augment zeolite molecular sieve market demand over the forecast period. Detergents accounted for over 70% of the global zeolite molecular sieve market volume share in 2014. Zeolite molecular sieves are used in detergents owing to its ability to produce demineralized water through calcium ion exchange which helps in the removal of any kind of dirt. This has resulted in a tremendous demand...

Zeolite Market Revenue and Value Chain 2022

Increasing refinery output at a global level is expected to be a primary factor for product growth over the forecast period. Rising need for non-toxic and hydrophilic adsorbents for waste water treatment and water purification is expected to propel product demand. The Global Zeolite Market is expected to reach USD 33.80 billion by 2022, according to a new report by Grand View Research, Inc.Furthermore, increasing consumption for gas separation is expected to fuel growth over the forecast period. Abundant availability of raw materials is expected to be a key driver for zeolite market growth. The raw materials are, however, also used in a host of other applications such as paper, electronics, fabrication, and ceramics. This may result in hampering raw material supply for zeolites manufacturing, owing to the expansion of the aforementioned industries. To Know More About Zeolite Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/zeolites-market Growing deman...