Zeolite Market Size, Share and Analysis

Technavio Announces the Publication of its Research Report – Global Zeolite Market 2016-2020

Technavio recognizes the following companies as the key players in the global zeolite market: Arkema, BASF, Honeywell International, Tosoh, and Zeochem.

Other Prominent Vendors in the market are: Bear River Zeolite, Blue Pacific Minerals, Clariant, W. R. Grace, and Zeolyst International.

Commenting on the report, an analyst from Technavio’s team said: “The increasing application of compact detergents will be a key trend for market growth. One of the prominent features of zeolites is their effective adsorptive capacity for liquid components, i.e., surfactants. This property has enabled the advancement of the surfactant-rich compact detergents that are being used predominantly. Smaller amounts of these detergents have the same surfactant properties of a larger amount of conventional detergent. Compact detergents also have an increase in bulk densities of approximately 800-900 grams per liter.”

Browse full report with TOC@ https://marketreportscenter.com/reports/344126/global-zeolite-market-2016-2020

According to the report, growth in refinery industry will be a key driver for market growth. Zeolites are used as catalysts in oil refining due to their extraordinary efficiency of oil refining, cheaper cost, and ease of customization for specialized applications. Zeolite catalysts have been the basis for increasing the yield of gasoline and octane. These catalysts also aid in the production of cleaner fuels and lubricants with improved performance properties. Zeolite Y has remained a major component in chemical processes like FCC since the 1970s as it provides greater gasoline yield with the greatest degree of catalytic stability. Chemical processes such as fuel conditioning (employed in fuel management and purification) also require zeolites.

Further, the report states that higher costs of logistics will be a major challenge for the market. Zeolites are bulky...