The zeolite molecular sieve market was valued at US$4.81 billion in 2017 and is expected to reach US$6.72 billion by 2026, with a compound annual growth rate of 4.27%.
Zeolite molecular sieves are widely used as catalysts in various chemical processes. The increasing demand for zeolite molecular sieves in the petroleum industry has boosted the market. Zeolite molecular sieves find their necessity for wastewater treatment in industrial and residential applications. Recently, this has become a very challenging problem. Zeolite is the most famous adsorbent, because activated carbon is a problem of high reproducibility, and the production cost has a positive impact on the market.
The detergent market occupies two thirds of the global zeolite molecular sieve market. Zeolite molecular sieves have the ability to produce softened water through calcium ion exchange, which helps to remove any kind of dirt, leading to a huge demand for zeolite molecular sieves. Molecular sieves are used in a wide range of catalytic applications. Zeolite molecular sieves play an important role as a high-efficiency adsorbent in the industrial adsorption process.
Click here to get the pattern premium report at: https://www.trendsmarketresearch.com/report/sample/4065
Zeolite molecular sieves are used in the dehydration, isomerization, alkylation and epoxidation of gas streams in the petroleum industry, and are used in large-scale industrial processes, including hydrocracking and fluid catalytic cracking. In the laboratory, molecular sieves are used to dry solvents or industrial gases.
Europe dominated the global market in 2017, accounting for approximately 28% of the total. Considerable growth is expected in the Asia-Pacific region, which is attributed to the increase in infrastructure spending in countries such as China and India, which is attributed to the increasing use of lightweight construction materials for the production of asphalt concrete An important component of the mixture, which may promote market growth.
Zeolite molecular sieve market, end use: air purification, petroleum industry, industrial gas production waste and water treatment others
Zeolite molecular sieve market, by region: North America, Europe, Asia-Pacific, South America, Middle East and America, Africa
Buy now report with analysis of COVID-19 at https://www.trendsmarketresearch.com/checkout/4065/Single
Key figures analyzed in the report: Zhongbao Molecular Sieve Shanghai Hengye New UOP (Honeywell) Hisense Chemical Zeolite Related Products Grace KNT Group Shanghai Zeolite Molecular Sieve Shijiazhuang Jianda Hi-tech Henan Huanyu Molecular Sieve Fulong New Material Pingxiang Xintao Luoyang Jianlong Chemical Zeochem Yuqing City Fenzishai CWK Chemiewerk Ba​​d Kastritz Anhui Mingmei Minchem CECA (Arkema) Shanghai Kyushu Chemical Tosoh Corporation