Synthetic Zeolites Market Growth and Technology, Vendors, Trends, Challenges, forecast to 2023
Synthetic Zeolites are produced from sodium aluminum solution which is acquired by dissolving aluminum oxide hydrate in sodium hydroxide. These materials are manufactured depending on conditions of reaction, acidity, temperature and pressure. They have excellent ability to remove toxic or radioactive ions from water.
Some of the prominent players operating in the Global Synthetic Zeolites Market are Albemarle Corporation (U.S.), BASF SE (Germany), Honeywell International Inc. (U.S.), Clariant (Switzerland), W. R. Grace & Co.-Conn. (U.S.), Tosoh Corporation (Japan), Union Showa K.K. (Japan), Zeochem AG (Switzerland), Arkema S.A. (France), and Zeolyst International (U.S.) among others.
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The Global Synthetic Zeolites Market is segmented into the type, and application. Based on the type, the market is further categorized into Zeolite A, Zeolite Y, Zeolite X, Zeolite Zsm-5 segments. This segment is set to continue its dominance due to the growing consumption of product in automobile, oil & gas, and petrochemical sectors. The market by application is further categorized into detergents, catalysts, adsorbents, and others.
The Latin American region is estimated to witness a recognized development in the market due to the growing consumption of synthetic materials in agriculture, petrochemical, and other sectors. Moreover, the Middle East & Africa is anticipated to witness a higher growth in the market due to increasing demand for zeolite catalyst in end-use industries.
Among the various segments in the Synthetic Zeolites Market, Zeolite Y segment holds a major portion on account of its growing use in fluid catalytic cracking (FCC) to produce diesel, gasoline and other products on a higher rate. This segment offers higher thermal stability owing to its greater silica content in Si/Al ratio.
Browse the market data and information spread across 138 pages with 36 data tables and 11 figures of the report “Synthetic Zeolites Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/synthetic-zeolites-market-5018
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