The global high-silica zeolite market was worth US$ 1.22 Billion in the year 2022 and is expected to reach US$ 1.37 Billion by the year 2032 at a CAGR of 1.2% between 2022 and 2032.
High-silica zeolite contains an organic structure directing agent (SDA) and is derived by heating a combination of silica source, a heteroatom source (gallium, aluminum, boron), aa water-soluble organic species, and alkali hydroxide source. Apart from absorption of organic micro-pollutants, high-silica zeolites are used in medicines, personal care products, industrial chemicals, and likewise.
At the same time, the fact that water, on becoming turbid, could block pores zeolite, thereby turning it inactive, can’t be ignored. As such, presence of any acid in water needs to be neutralized with soda prior to getting admitted to plant; as acid would be hydrolysing sulfur dioxide and producing silicic acid.
High-silica zeolites, in comparison with low as well as intermediate zeolites, are capable of carrying out separation as well as catalysis in presence of water. This is the factor basically driving the high-silica zeolite market and the scenario is expected to remain unchanged even in the forecast period.
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At present, high-silica zeolite is broadly used for petroleum refining. Isomerization, catalytic cracking, alkylation, hydrocracking, and the other modern-day processes are based on high-silica zeolite. These high-silica zeolites do find application in the form of absorbents as well; when it comes to purification of gas and drying in production of the high-purity substances. The other properties like thermal and chemical stability are contributing toward growth of high-silica zeolite market.
Future Market Insights has walked through these facets with insights in its latest market study entitled ‘High-silica Zeolite Market’. It has its team of analysts and consultants to deploy a bottom-up approach in its primary, secondary, and tertiary modes of research.
“The fact that zeolites are capable of removing and recovering organic matter from the water streams is expected to accelerate the high-silica zeolite market going forward”, says an analyst from Future Market Insights.
Key Takeaways from High-Silica Zeolite Market
- North America holds the largest market share with the US being one of the major producers of the refined petroleum products.
- Europe holds the second-largest market share with the manufacturing vertical increasingly preferring high-silica zeolite.
- The Asia-Pacific is expected to witness maximum growth in the high-silica zeolite market going forward with growing crude oil refining industry in China. India is expected to follow suit.
Competitive Arena
- Zeochem does offer a broad spectrum of molecular sieve zeolites, deuterium labeled compounds, and chromatography gels.
- The other players in high-silica zeolite market include Honeywell International Inc., Tosoh Corporation, BASF SE, CECA Arkema Group, Zeolyst International, CWK Chemiewerk Bad Kostritz GmbH, KNT Group, Clariant AG, Allied Products Pvt. Ltd., and likewise.
What does the Report say?
- The research study is based on type (USY type, ZSM-5 type, beta type, and others), and by application (petroleum refining catalysts, and others).
- With high-silica zeolite being increasingly used in detergent vertical, the global high-silica zeolite market is expected to grow on a good note in the forecast period.
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Key Segments
By Type:
- USY Type
- ZSM-5 Type
- Beta Type
- Others
By Application:
- Petroleum refining catalysts
- Petrochemical catalysts
- Others
By Region:
- North America
- Latin America
- Eastern Europe
- East Asia
- South East and the Pacific
- Middle East and Africa
- India
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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