Synthetic Zeolites Market size is forecast to reach $6.2 billion by 2025, after growing at a CAGR of 2.5% during 2020-2025, owning growing demand for synthetic zeolites from various industries. Zeolites are the synthetic or naturally hydrated aluminosilicate minerals. Synthetic zeolites are environmental-friendly and are increasingly used as an alternative over phosphates as a raw material in detergent manufacturing. These are used for the removal of hardness and heavy metal ions gas, adsorption, water retention and neutralization of acid water in the detergents. The demand for synthetic zeolites is also rising due to the development of aluminophosphates zeolite. The rising demand of absorbents in various industries around the globe is further expected to drive the market growth.
Type – Segment Analysis
Type X zeolites held the largest share in the synthetic zeolites market in 2019. Type X zeolites belong to the Faujasite family of zeolites and are used as sorbents and catalysts. Type X zeolites have a silica-to-alumina ratio of 1-1.5. 13X is the widely used type X zeolite and has the largest 10A pores. It has a Faujasite framework and is used in gas drying applications. However, 13X with sodium as a cation has a pore size of 8A. It is an alumina zeolite and has a wide range of industrial applications such as gas adsorption and separation, besides being used as a catalyst.
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Application – Segment Analysis
Detergents application held the largest share in the synthetic zeolites market in 2019. Several commercial detergents contain synthetic zeolites, which help in increasing their washing efficiency. Detergents containing synthetic zeolites have high adsorption capacity for liquid components, especially surfactants. Synthetic zeolites are used to manufacture compact and super compact detergents. After the ban on the use of Sodium Tripolyphosphate (STPP) in detergents by the European Union (EU) to control the increasing level of soluble phosphorus in municipal wastewater, Zeolite A has witnessed a substantial increase in demand, as it is considered an ideal substitute to STPP.
End Use Industry – Segment Analysis
Oil & gas sector held the largest share in the synthetic zeolites market in 2019 and is growing at a CAGR of 2.8% during the forecast period. Synthetic zeolites are used as catalysts in the oil & gas industry, because of their superior activity, stability and selectivity in major conversion and upgrading processes as compared with their amorphous equivalents. In addition to rising environmental pressures, the continuing push for higher-quality transportation fuels and chemical products provides opportunities for further enhancement of their function. This will further influence market growth.
Geography – Segment Analysis
Asia Pacific held the largest share in the synthetic zeolites market in 2019 up to 36%, owning to growing refining industry in the region to meet the rapidly increasing oil demand. Another significant factor driving the region’s market growth is the increasing industrial base in the Southeast Asian nations, combined with rising disposable per capita incomes. China’s oil consumption has risen steadily in the last few years. India has emerged into the Asia Pacific region as one of the key markets for synthetic zeolites. India’s economy is powered by increasing population, economic growth, increased industrialization, and development of infrastructure. With the country witnessing remarkable growth in the agriculture, architectural materials, automotive, aerospace, aviation, chemicals, and water filtration sectors, the demand for adsorbents is also growing in the country. Thus, influencing the market growth.
Drivers – Synthetic Zeolites Market
Strict regulations to restrict the use of phosphate in detergents
Phosphates traditionally have been used in large proportion in a variety of detergents. Because phosphates are nutrients that aid growth in animals and plants, their high proportion in water bodies as a result of washed-off detergents can disturb the balance of aquatic ecosystem, causing rapid growth of aquatic plants such as water algae. This can also lead to water pollution, the discharge of phosphates in sewage systems and wastewater is regulated in some regions. As a result, various governments around the globe are adopting strict regulations to ban or control the level of phosphates present in cleaners that are used in industrial processes. For instance, the use of phosphate in laundry detergents is banned in U.S since 1994. In addition, in U.K regulations such as (EU) No 259/2012, is restricting phosphate use in laundry and dishwasher detergents. Thus, driving the demand for synthetic zeolite.
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Challenges – Synthetic Zeolites Market
Safety concerns and high production costs
Some of the synthetic zeolite dust are considered nuisance dust due to their toxicity, such as zeolites used in personal care products. Even inadvertently inhaling these dust particles raise safety and health concerns. Therefore, this factor is restricting synthetic zeolites market growth. In addition, the low exploitation of synthetic zeolite, the high production costs and the logistics constraints resulting in increased transportation costs are also limiting synthetic zeolites market growth.
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Synthetic Zeolites Market. Major players in the Synthetic Zeolites market are Albemarle Corporation, BASF SE, Honeywell International, Inc, Clariant AG, W.R. Grace & Co., TOSOH Corporation, Union Showa KK, Zeochem AG, KNT Group, Arkema SA, Zeolyst International, Huiying Chemical Industry, Chemiewerk Bad Kostritz GMBH, National Aluminium Company Limited, and PQ Corporation, among others.
Asia Pacific dominates the synthetic zeolites market, owning to expanding petrochemicals industry in the region. Increasing urbanization and industrialization, combined with rising per capita disposable incomes are also supporting market growth.
Rising urbanization, evolving consumer lifestyles, growing demand for vehicles, increased demand for FCC catalysts in industrial applications and high demand for phosphate-free detergents are the factors driving synthetic zeolites market growth.
Growing preference for synthetic zeolites as adsorbents in applications such as air purification, cosmetics, wastewater treatment, and personal hygiene products, are expected to provide lucrative opportunities in the coming years.
However, operations in various industries such as oil & gas, construction and so on is being significantly affected due to the COVID-19 epidemic, as most of countries have issued “stay at home guidance” i.e., lockdown. And it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021. This is limiting synthetic zeolites market growth.
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B. Zeolite Molecular Sieves Market
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