Posted By Coherent Market Insights
Posted on October 8, 2021
Natural Zeolites Market Is Projected To Witness A Cagr Of 2.7% From 2020 To 2027
Natural zeolites are crystalline, microporous aluminosilicates that adsorb compounds such as metal ions and water through exchange of cations. This property enables the use of zeolites in applications such as human & animal healthcare, water treatment, gas filtration, and agriculture. There are over 40 different types of zeolites, among which the most popular are chabazite, clinoptilolite, erionite, mordenite, and phillipsite. There exists minimal competition between natural and synthetic zeolites. Different product specifications and cost has rendered the large scale use of natural zeolites unfeasible.
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Key Market Players
Major players operating in the global natural zeolites market include, ZEO Inc., Zeocat Soluciones Ecológicas S.L.U., St. Cloud Mining, Teague Mineral Products, Taza Su Limited, KMI Zeolite, ZEOCEM A.S., Minera Formas, and Bear River Zeolite.
Market Outlook
China, South Korea, New Zealand, and the U.S. were among the largest producers of natural zeolites in 2017. According to the U.S. Geological Survey, the worldwide production of natural zeolite was pegged at 1.1 million metric tons in 2017. China held a market share of around 68% in the global natural zeolite production in 2017. The largest application segment for natural zeolites is construction, where it is predominantly used as a cement additive. The addition of zeolite in cement helps to produce a slower-hardening and stronger product. Other important applications of natural zeolite include, animal feed additive and nutrient release agent in soil conditioners.
China, India, and the U.S. are projected to be the major natural zeolite consuming countries over the forecast period, owing to growing construction industry in these countries. As of 2017, these countries are the three largest construction markets in the world. According to India Brand Equity Foundation (IBEF) —part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to witness significant growth and reach US$ 5 billion by 2020. Therefore, growing construction industry is expected to propel growth of the natural zeolite market in India.
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Frequently Asked Questions:
1. What is the Compound Annual growth of this market?
2. What are key factor of the This Market ?
3. What are some of the opportunities in various segments?
4. Which regions might see the demand maturing in specific segments in near future?
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Natural Zeolites Market Is Projected To Witness A Cagr Of 2.7% From 2020 To 2027 | ZEO Inc., Zeocat Soluciones Ecológicas S.L.U., St. Cloud Mining appeared first on Gatorledger.
Natural Zeolites Market Is Projected To Witness A Cagr Of 2.7% From 2020 To 2027
Natural zeolites are crystalline, microporous aluminosilicates that adsorb compounds such as metal ions and water through exchange of cations. This property enables the use of zeolites in applications such as human & animal healthcare, water treatment, gas filtration, and agriculture. There are over 40 different types of zeolites, among which the most popular are chabazite, clinoptilolite, erionite, mordenite, and phillipsite. There exists minimal competition between natural and synthetic zeolites. Different product specifications and cost has rendered the large scale use of natural zeolites unfeasible.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/2211
Key Market Players
Major players operating in the global natural zeolites market include, ZEO Inc., Zeocat Soluciones Ecológicas S.L.U., St. Cloud Mining, Teague Mineral Products, Taza Su Limited, KMI Zeolite, ZEOCEM A.S., Minera Formas, and Bear River Zeolite.
Market Outlook
China, South Korea, New Zealand, and the U.S. were among the largest producers of natural zeolites in 2017. According to the U.S. Geological Survey, the worldwide production of natural zeolite was pegged at 1.1 million metric tons in 2017. China held a market share of around 68% in the global natural zeolite production in 2017. The largest application segment for natural zeolites is construction, where it is predominantly used as a cement additive. The addition of zeolite in cement helps to produce a slower-hardening and stronger product. Other important applications of natural zeolite include, animal feed additive and nutrient release agent in soil conditioners.
China, India, and the U.S. are projected to be the major natural zeolite consuming countries over the forecast period, owing to growing construction industry in these countries. As of 2017, these countries are the three largest construction markets in the world. According to India Brand Equity Foundation (IBEF) —part of the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to witness significant growth and reach US$ 5 billion by 2020. Therefore, growing construction industry is expected to propel growth of the natural zeolite market in India.
Hurry Up…and Get a 2000$ Discount On a Price…!!!: https://www.coherentmarketinsights.com/insight/request-discount/2211
Frequently Asked Questions:
1. What is the Compound Annual growth of this market?
2. What are key factor of the This Market ?
3. What are some of the opportunities in various segments?
4. Which regions might see the demand maturing in specific segments in near future?
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Natural Zeolites Market Is Projected To Witness A Cagr Of 2.7% From 2020 To 2027 | ZEO Inc., Zeocat Soluciones Ecológicas S.L.U., St. Cloud Mining appeared first on Gatorledger.
