Zeolite Rotor Concentrators Market Insights, Forecast to 2028

Global Zeolite Market was valued at US$ 27.5 Bn in 2019 and is expected to reach US$ 38.5 Bn by 2026 at a CAGR of about 4.44% during the forecast period.The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.

The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Zeolite is crystalline, microporous aluminosilicates which consist of a group of hydrated aluminosilicates of alkali or alkaline earth metals.

It has an excellent high melting point, high resistance to oxidization, high-pressure resistance properties.

Zeolites are extensively used as catalysts and adsorbents in the oil refining and petrochemical industry.

It can be produced industrially on a large scale using raw materials such as alumina, silica, and sodium hydroxide.Global Zeolite Market was dominated by natural zeolite owing to strong demand for applications such as catalyst, adsorbent, detergent, etc.

The global zeolite market size was USD 4.15 billion in 2018 and is projected to reach USD 6.06 billion by 2026, exhibiting a CAGR of 4.9 during forecast periodZeolite Market Size, Share & Industry Analysis, By Type (Natural [By Application {Construction & Building Materials, Animal Feed, Wastewater Treatment, Soil Remediation, and Others}], Synthetic [By Application {Detergents, Catalysts, and Adsorbents}]), and Regional Forecast, 2019-2026.High Demand from Concrete and Cement Industry to Boost GrowthNatural zeolite is mainly used in the concrete and cement industry.

In Asia Pacific, China’s construction industry consumes approximately 60% of the global molecular sieve production for manufacturing high-quality and light concrete.

All these factors are expected to propel the Zeolite Market growth in the coming years.Request A PDF Sample Copy -  Zeolite Market Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/zeolite-market-101921Highlights of the ReportKey industry developments, namely, new product launches, agreements, contracts, mergers, acquisitions, and strategic collaborations.Detailed information about the significant Zeolite Market trends, growth drivers, barriers, opportunities, and challenges.Elaborate data about all the possible segments present in the market.Construction & Building Materials Sub-Segment to Lead Backed by High Demand for Lightweight ConcreteIn terms of application, the market is grouped into natural zeolite and synthetic zeolite.

Also, concrete is often used in the construction industry because of its favorable mechanical properties and low price.The synthetic zeolite segment consists of sub-segments, namely, absorbents, catalysts, and detergents.

The catalysts sub-segment had acquired a 19.4% market share in 2018.

The detergent industry has been experiencing a high demand for synthetic molecular sieve on account of good dispersibility and reduced abrasiveness.