Zeolites Market Analysis

Type Segment Analysis

Natural zeolite segment in the zeolites market is anticipated to hold a share of 54% during the forecast period. Growth can be attributed to the growing demand for naturally occurring zeolites in a wide range of applications, including construction and building materials, soil protection, animal feed, or water treatment. There is also a growing demand for environmentally friendly and sustainable materials, due to increased awareness about the environment. Natural zeolites are naturally occurring minerals with low environmental impact and various uses such as water purification, soil remediation, or air filtration which contribute to the sustainability of the environment.

Function Segment Analysis

The catalyst segment in the zeolites market is expected to hold the largest share of 44% during the forecast period. In the petrochemical and oil refining industries, zeolites are the most important organic material used for the production of oil and gas. For instance, in 2021, the global petrochemical production capacity was close to 2.3 billion metric tons. Therefore, the expansion of these industries is also bolstering the catalysts segment growth. Furthermore, the growth of this segment is driven by a growing demand for zeolites as catalysts in the fluid chromatographic tracking and hydrocarbon cracking applications. Zeolites' huge surface areas and clearly defined pore patterns make them extremely good catalysts as well. These properties allow for precise control of chemical reactions, leading to a higher yield and selectivity. In addition, zeolite is often used as a catalyst to facilitate cleaner and more sustainable production processes. They can reduce energy consumption and greenhouse gas emissions by facilitating reactions at lower temperatures and pressures.

Our in-depth analysis of the global market includes the following segments: