Report Highlights
Synthetic Zeolite Market Size And Forecast
According to Verified Market Research, The Global Synthetic Zeolite Market was valued at USD 14.61 billion in 2019 and is projected to reach USD 18.87 billion by 2027, growing at a CAGR of 3.5% from 2020 to 2027.
Global Synthetic Zeolite Market Outlook
The growing demand for the synthetic zeolites in detergents owing to its adsorption capacity for liquid components that enhance the detergent washing efficiency. The growing population across the globe and the rise in the disposable income of an individual in emerging economies are some of the factors expected to drive the growth of the market over the forecast period. However, the toxic properties of synthetic zeolite is a major factor that may hamper the growth of the market over the forecast period. Moreover, increasing demand for the adsorbents from the agriculture, architectural materials, automotive, aerospace, aviation, chemicals, and water filtration sectors is anticipated to provide lucrative opportunities for the market to grow.
Global Synthetic Zeolite Market Competitive Landscape
The “Global Synthetic Zeolite Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as TOSOH Corporation, W.R. Grace & Co., Clariant AG, Honeywell International, Inc, BASF SE, Albemarle Corporation, Arkema SA, KNT Group, Union Showa KK, and Zeochem AG.
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Global Synthetic Zeolite Market
Market Analysis:
The global synthetic zeolite market was valued at USD 13.21 billion in 2016 and is projected to reach USD 18.08 billion by 2025, growing at a CAGR of 3.5% from 2017 to 2025.
Market Definition:
Zeolites belong to the class of hydrated alumino-silicate minerals that are made up of alkali and alkaline metals. They are majorly ...
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