Europe Synthetic Zeolites Market

Europe Synthetic Zeolites Market Size, Growth, Trends and Forecast:

Europe Synthetic Zeolites Market size was around USD 2.39 billion in 2021. It is expected to grow at a CAGR of 3.5% to reach USD 2.85 billion by 2026.

Zeolites are microporous, aluminosilicate minerals generally utilized as commercial adsorbents and catalysts. These minerals have a comparatively porous structure which makes them appropriate for utilization in numerous end-user industries. Zeolites are normally available in natural and synthetic forms, with the latter being utilized on a much larger scale than the former. The structure of zeolites largely consists of silicon-oxygen-aluminum linkages, having regular internal cavities and interconnected channels of distinctive sizes and shapes.

Natural zeolite structure has more acid-resistant silica to hold the structure together in comparison to the synthetic class of zeolites. This makes them more suitable for usage in the field of agriculture as feed additives. On the other hand, Synthetic zeolites may be categorized into three groups based on the ratio of aluminum and silicon (<1,2-5,>10) in the zeolite structure.

Europe Synthetic Zeolites Market Drivers:

Zeolites are extensively utilized in the detergent industry owing to their exquisite ion-exchange property and is the foremost driver for the growth of the market. The development of the market is also driven by the increasing demand for Zeolites from the paints and coating business. However, the market is anticipated to face tough competition in the next few years due to the introduction of liquid detergents and zeolite-free detergents.

Europe Synthetic Zeolites Market Segmentation:

Europe Synthetic Zeolites Market – By Type:

• Zeolite A

• Zeolite Y
• Zeolite X
• Zeolite Zsm-5

Zeolite Y accounts for a major chunk of the overall market and is also predicted to witness the highest growth during the forecast period. Zeolite Y is utilized in Fluid chemical process Cracking (FCC) to extend the yield of fuel, diesel, and other alternative products from petroleum. Zeolite Y is also employed as a cracking catalyst to extend the aromatic content of reformulated industrial plant products.

Europe Synthetic Zeolites Market – By Application:

• Detergents
• Catalysts
• Adsorbents

Synthetic zeolites are being largely employed as catalysts as they have a well-defined pore structure and adjustable acidity. These are helpful in fluid chemical process cracking and cracking processes within the organic compound business. These catalysts facilitate in the enhanced extraction of gasoline and diesel from crude.

Geographical Analysis:

By geography, the market is segmented into UK, Spain, Germany, France, Italy, and others. Europe has shown consistent growth over the past few years and is anticipated to continue the same during the forecast period.

Key Players:

Key players operating in the synthetic zeolites market include Albemarle Corporation, BASF SE, Honeywell International Inc., Clariant AG, W. R. Grace & Co., Tosoh Corporation, Union Showa K.K., Zeochem AG, KNT Group, and Arkema S.A.