Zeolites Market Share

APAC Market Forecast

Zeolites market in Asia Pacific is anticipated to hold the largest revenue share of 36% during the forecast period. Rapid urbanization and ongoing lifestyle changes in the Asia Pacific region are responsible for the market expansion of zeolites. The region's growing need for automobiles has resulted in a high consumption of petroleum products like gasoline and diesel, which has raised the demand for fluid catalytic cracking (FCC) catalysts. For instance, with approximately 23 million passenger automobile sales in 2022, China emerged as the Asia-Pacific region's largest market. India, with sales of about 3.8 million units in 2022, was the second-largest market in the region. Moreover, a large portion of the economies in many Asian nations are based on agriculture. Zeolites are applied as fertilizers and soil amendments in agriculture to enhance plant uptake of nutrients, soil structure, and water retention.

North American Market Statistics

North America zeolites market is poised to hold a share of 28% by the end of 2037. The main reason behind the region's rising product consumption is an increase in the manufacture of petrochemicals and animal feed. Two of the world's leading producers of feed are the United States and Mexico. In addition, the demand for zeolites to address these environmental challenges in North America is increasing as concerns grow about water and air pollution. In addition, the construction sector in this region is experiencing growth that has led to increased demand for building materials including zeolite-based products such as lightweight concrete or asphalt additives.