Brazil zeolite 4A market from detergent applications is also slated to record a business of 10 kilo tons by 2024. Zeolites are used as adsorbents in waste water treatment, chemical, and the oil & gas sectors. Their crystalline structure makes them suitable for adsorption applications, and they are used as effective agents for drying and purifying gases and liquids.
Zeolite 4A industry size from adsorbents was worth more than USD 312 million in 2015 and is anticipated to cross USD 535 million by 2024, with a CAGR projection of 3% over 2016-2024. This growth can be credited to the usage of the product across end-use sectors such as oil & gas and chemicals, as well the numerous technological innovations deployed by manufacturers to develop superior adsorbents.
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India zeolite 4A market size from adsorbents is expected to grow at a rate of 4.5% over 2016-2024, subject to the product’s applications in wastewater treatment plants. Petroleum catalysts have the ability to control catalytic reactions, and are known to offer better product recovery compared to other catalytic reactions, which is anticipated to spur zeolite 4A industry. Zeolite-based catalysts are used in the end-use sectors such as oil & gas and chemicals for fluid cracking and similar catalytic reactions.
Refineries across the globe generated an output volume of 76,287 thousand barrels per day in the year 2013 and 76,865 thousand barrels per day in 2015. Subject to the increasing volume of output from refineries, demand for zeolites in the petroleum sector is expected to grow across the regions of Asia Pacific and the Middle East and Africa. Zeolite 4A market size from catalysts will grow at a rate of 3% over 2016-2024, pertaining to the increasing product usage for downstream petrochemical reactions.
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China zeolite 4A industry from catalysts will also witness a CAGR of 3% over 2016-2024, subject to the product usage in the increasing number of chemical factories in the region. China zeolite 4A market is also anticipated to grow at rate of 3% over the next few years. This growth can be attributed to the increasing infrastructural expenditure for asphalt concrete mixtures and light weight construction material.
Global zeolite 4A market share is rather fragmented and involves the participation of many small and medium sized businesses and large-scale corporations. Key players include BASF, PQ Corporation, Tosoh Corporation, and Clariant International.
Rising awareness regarding the ill-effects of phosphate based detergents has led to a massive growth in Zeolite 4A Market, subject to the fact that this product is environment friendly and possesses excellent ion exchange capacity. Its heat capacity ranges between 37 Kelvin to 311 Kelvin, owing to which it is characterized by strong enthalpy and thermodynamic stability.
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These benefits lead to zeolites finding applications across the detergent and catalysts sectors. The product has high sequestering power even at elevated temperatures and refrains from depicting fertilization effects, owing to which zeolite 4A industry encompasses an application landscape comprising waste water treatment, packaging, petroleum refining, gas separation, and air separation & drying.
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