Sales of Synthetic Zeolite Fast Rising Due to its Uniform Particle Size and Performance: Fact.MR

Worldwide sales of zeolites are estimated at US$ 16 billion in 2024. In its updated market report, Fact.MR has projected the global zeolite market to increase at 6% CAGR and reach a value of US$ 28.6 billion by 2034.

Synthetic zeolites have been in the spotlight in recent years and their sales are projected to increase during the forecasted period. These zeolites are preferred in the detergent industry for their uniform particle size, high ion exchange capacity, and enhanced stability. Incorporating synthetic zeolite into detergents aids in the water-softening process.

Combination of detergent and synthetic zeolites also enhances the efficacy of cleaning products. Detergent ensures a more even distribution of cleaning agents, thereby boosting their cleaning ability. This leads to a reduction in the quantity of cleaning products required and contributes to energy and water conservation. Demand for detergents across various sectors, including households, laundry services, and textiles, is driving market growth.

Receive a Tailored Analysis for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=7161

Key Takeaways from the Market Study:

• The zeolite market in North America is projected to expand at 3.8% CAGR through 2034.East Asia is forecasted to occupy 24.6% of the global market share by 2034.
• North America is forecasted to account for 17.5% share of the market by 2034.The market in China is projected to reach a value of US$ 4 billion by the end of 2034.
• Natural zeolites are estimated to account for 65.9% market share in 2024. The East Asia market is forecasted to expand at 7% CAGR from 2024 to 2034.

“Rising need for detergents in laundry services and textiles is contributing to zeolite market expansion worldwide. In addition, research into energy and water conservation through zeolite-based cleaning products is also driving market growth,” says a Fact.MR analyst.

Market Developments

• In 2023, International Zeolite announced the opening of a new production factory in Jordan, Ontario. The business purchased the plant in 2022 to produce nutrient delivery and NEREA products. This facility will increase the company's production capacity to 25 tons per day.

The detergent industry is increasingly using zeolites due to their high ion exchange capacity and enhanced stability. Zeolite, a solid crystalline structure composed of aluminosilicates including alumina and silica, gets its chemical and physical properties from multidimensional channels and pores. These molecular sieves are found both naturally and in manmade minerals.

• According to the United States Geological Survey, over 200 unique product frameworks, with 40 occurring naturally, have been identified worldwide.

Wear Resistant Steel Plates Extending the Lifespan of Mining Equipment

Mining industry leaders are increasingly focusing on enhancing operational efficiency and minimizing downtime caused by equipment failures. As a result, there is a growing demand for machinery that can endure harsh working conditions without excessive wear and tear.

With the push toward prolonging the lifespan of mining equipment, the need for wear resistant steel plates is expected to rise steadily in the coming years. Heavy-duty AR400 steel, known for its exceptional durability, is widely used in the mining sector, particularly in large-scale excavating and earth-moving machinery that handles substantial material loads.

High-strength advanced steel is now an integral component in various mining applications, including loading shovels, dump trucks, cutting edges, screen plates, deflectors, silos, chutes, and slide conveyors. These wear resistant materials have become the industry standard for ensuring safe and efficient mineral ore excavation.

Beyond the mining industry, the benefits of wear resistant steel plates—such as reduced maintenance costs, enhanced payload capacity, lighter weight, and improved fuel efficiency—are driving their widespread adoption. Additionally, the hydroelectric sector is experiencing increasing demand for electrical steel, further expanding the market for high-performance steel solutions.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=7161

Key Market Players:

• Albemarle Corporation
• BASF SE
• Honeywell International
• Clariant
• W.R. Grace & Co.
• Arkema
• TOSOH Corporation

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the zeolite market for 2019 to 2023 and forecast market statistics for 2024 to 2034.

The study divulges essential insights into the market based on type (natural, synthetic) and end use (building & construction, water treatment, animal nutrition, odor control & desiccant, detergents, agriculture), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

Explore More Studies Published by Fact.MR Research:

Worldwide revenue from masterbatch sales is expected to reach US$ 13.03 billion in 2024. The masterbatch market has been projected to expand at 4.5% CAGR and hit a valuation of US$ 20.24 billion by 2034.

The global polyethylene furanoate (PEF) market has been valued at US$ 39.7 million in 2024. Revenue from the sales of PEF is approximated to climb at a CAGR of 8.3% and reach US$ 88.2 million by the end of 2034.

The global polymer nanocomposites market is valued at US$ 7.89 billion in 2023 and is predicted to reach US$ 34.02 billion by 2033-end, expanding at a prolific CAGR of 15.7% from 2023 to 2033.

The global propane market is valued at US$ 92.3 billion in 2023 and is forecasted to reach US$ 156 billion by 2033, expanding at a CAGR of 5.3% over the decade.

The global sales of the rutile market in 2021 were held at US$ 3.9 Billion. The market is expected to register 5.2% market growth during the forecast period 2022 to 2032.

The global shape memory alloys market is estimated at US$ 14.1 billion in 2023 and is projected to reach US$ 45.8 billion by the end of 2033, expanding at a CAGR of 12.5% from 2023 to 2033.

The global thermal spray coating market is pegged at US$ 10,223.1 million in 2024. The global market is forecast to increase at a 4.2% CAGR and reach a market value of US$ 16,074.2 million by the end of 2034.

The global thermoplastic polyurethane market was valued at US$ 3,619.4 million in 2024 and has been forecast to expand at a noteworthy CAGR of 6.0% to end up at US$ 6,481.7 million by 2034.