Natural Zeolites Market Revenue Analysis, Company Revenue Share, Global Forecast Till 2027
The Global Natural
Zeolites Market is projected to reach USD 8.29 billion in 2027.
Increasing investment in the development of new infrastructure in the global
construction sector is expected to boost demand for the product. Along with
their hygroscopic properties, and the ability to regulate pH, the use of
natural zeolites is common in building materials. Natural zeolites are
pozzolanic materials, used to improve the strength of the structure.
The construction industry is
experiencing tremendous development not only in developing markets but also in
developed countries such as the United States. Global building sector expansion
has contributed to the heightened use of cement. Cement production is a
significant source of greenhouse gas emissions, and so natural zeolites are
used as a partial replacement for cement in construction materials.
Applications in soil remediation and
water treatment are projected to accelerate development on the natural zeolites
market. In the European and Asian countries, soil contamination is a major
concern. Materials like natural zeolites are being used in soil modification
applications to improve the overall health and quality of soil and crops due to
the increasing soil contamination.
The growth of the market for natural
zeolites is impacted by the presence of alternatives. All minerals and
non-minerals pose a market threat in application areas, including building
materials, water treatment, and soil modification. Major global players are
increasing their production capacity by setting up new plants, joint ventures;
and by acquisitions to expand their customer reach on international markets.
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Key players in the market include Lenntech BV, Zeolyst International, Zeocem
Ltd., R. Grace & Co-Conn, Albemarle Corporation, Bear River Zeolite, Anten
Chemical Co., Ltd., IDA-ORE, Clariant, Teague Mineral Products,
GruppoApostolicoTanagro, and NanoScape AG, among others.
Further key
findings from the report suggest
- Due to the extreme advantages, such
as improved strength and durability of natural zeolites, the
construction equipment is expected to remain the largest segment during
the forecast period in terms of revenue.
- The worldwide high prevalence of
wastewater and the resulting development of the water treatment industry
are likely to increase demand for the market of natural zeolites.
- In the forecast period, the soil
remediation sector is expected to grow as a result of increasing soil
contamination at a CAGR.
- In light of rapid infrastructural
developments, Asia-Pacific is expected to be the leading region on the
market over the forecast period.
- In September 2017, BASF recently invested
in the third specialized zeolite plant in Ludwigshafen, Germany,
increasing its specialty zeolite manufacturing capacity. BASF's specialty
zeolites are extracted from natural aluminosilicates and are mainly used
to manufacture catalysts for high-end emissions.
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For the purpose of this report, Reports and
Data have segmented into the global Natural Zeolites Market on the basis of
Product, Application, End-Users, and region:
Product Outlook
(Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Granular Natural Zeolite
- Pelletized Natural Zeolite
- Powder Natural Zeolite
Application
Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Adsorbent
- Filtration
- Odor Control
- Soil Stabilizer
- Animal Feed
- Catalyst
- Others
End-Users Outlook
(Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Water & Wastewater
- Chemical & Petrochemical
- Construction
- Agriculture & Horticulture
- Others
Over the years, mergers and
acquisitions, collaborations, and partnerships have played a pivotal role in
companies’ plans of expanding customer base and gaining a robust footing in the
market. Rising investments by the key industry players for the R&D
activities will further bolster market growth over the analysis period.
The report also utilizes key
statistical tools such as SWOT analysis, Porter’s Five Forces analysis,
feasibility analysis, and venture return analysis to offer better insights into
the market landscape. The report also covers recent developments and trends and
provides a comprehensive industry overview to help readers understand the
complete scenario and dynamics of the Natural Zeolites market.
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Complete Report “Natural Zeolites Market” @ https://www.reportsanddata.com/report-detail/natural-zeolites-market
Regions covered by the report:
•
North America (U.S.A.,
Canada, Mexico)
•
Europe
(U.K., Italy, Germany, France, Rest of
Europe)
•
Asia Pacific
(India, Japan, China, South Korea,
Australia, Rest of APAC)
•
Latin America (Chile,
Brazil, Argentina, Rest of Latin America)
•
Middle East & Africa (Saudi
Arabia, U.A.E., South Africa, Rest of MEA)
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