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Global Specialty Zeolites Market Estimated to Reach a Value of US $53.4 Mn Until the End of 2024

Specialty zeolites are types of zeolites that require specialty synthesis, primarily high-pressure synthesis. Some specialty organic additives are also added during crystallization/synthesis. Small quantity of specialty zeolites are used for adsorption purposes in paints & coatings, plastics, personal care, and construction materials.

 

Albany, NY -- (SBWIRE) -- 02/28/2017 -- Market Research Hub (MRH) just inserted a new research report in its massive catalog and named it as "Global Specialty Zeolites Market – Forecast 2016-2024". The report estimates and forecasts the specialty zeolites market globally. In 2015, the global specialty zeolites market was valued at $40.1 million and is expected to reach $53.4 million by the end of 2024, after expanding at a CAGR of 3.2% within a forecast period from 2016 and 2024.

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Firstly, the report offers a brief introduction of specialty zeolites. Specialty Zeolites are kinds of zeolites that require specialty synthesis, mainly high-pressure synthesis. Some specialty organic additives are also added during crystallization/synthesis. A small quantity of specialty zeolites is used for adsorption purposes in paints and coating, plastics, personal care and construction materials. These are known to be much more costly than basic synthetic zeolites or even natural zeolites, due to the increased difficulty of manufacturing.

The report provides a comprehensive view of global specialty zeolites market by focusing on some major factors and trends driving the growth of the market. It also includes an extensive value chain analysis for each of the end-use segments. Additionally, the report has also analyzed that paints and coatings industry has always been key end users of specialty zeolites, where they are mainly used to eliminate the odor.

In addition, the report includes country-level analysis on the basis of revenue and volume for end-use sections.

In terms of geography, the global market is segmented into following regions –

Europe
The Middle East and Africa (MEA),
Asia Pacific (APAC),
North America and
Latin America (LATAM)

Out of these regions, in the year 2015, Europe accounted for the largest share in the global specialty zeolites market followed by Asia-Pacific and North American regions. APAC is anticipated to be a high potential region in the global market during the forecast year.

The final segment of the report summarizes competitive outlook that includes profiles and market share of major companies working in the global market. The company profiles include some attributes such as company overview, business overview, business strategies, brand overview, number of workers, main competitors, recent/major developments financial overview (wherever applicable) and acquisitions.

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Foremost companies highlighted in the report includes; Tosoh Corporation, BASF SE, W. R. Grace & Co., Clariant, Arkema Group, Albermarle Corporation, Zeolyst International, Zeochem AG, Honeywell UOP and Eurecat.

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