The High Silica Zeolites market is expected to grow at 1.2% CAGR record forecast period and is expected to reach high silica zeolite market share of US$ 1.37 billion in 2032, up from US$ 122 million in 2022. Zeolite is chemically explained as the crystalline aluminosilicate hydrate containing alkaline earth metal.
High- silica zeolite typically includes an organic structure directing agent (SDA), it is generally prepared by heating a mixture compose of a silica source, a heteroatom source (boron, aluminum, gallium), a source of alkali hydroxide, and a water-soluble organic species.
High-silica zeolites ha been found to be an effective absorbent for the removal of OMPs (organic micro-pollutants) from impaired water, and is also used in personal care products, pharmaceuticals, industrial chemicals, etc. High-silica zeolites is prominently use in the prevention of undesired competitive absorption of background organic matter (BOM) in natural water.
High-Silica Zeolite Market: Market Participants
Some of the key players involved in the manufacturing of high-silica zeolite are Honeywell International Inc, CECA Arkema Group, BASF SE, Tosoh Corporation, Zeochem AG, Zeolyst International, W. R. Grace, CWK Chemiewerk Bad Köstritz GmbH, Clariant AG, KNT Group, Zeolites And Allied Products Private Limited and others.
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High-Silica Zeolite Market: Segmentation
Globally, high-silica zeolite market can be segmented on the basis of type, and application.
Based on the type, high-silica zeolite market can be segmented into,
- USY Type
- ZSM-5 Type
- Beta Type
- Others
Based on the application, high-silica zeolite market can be segmented into,
- Petroleum refining catalysts
- Petrochemical catalysts
- Others
High-Silica Zeolite Market: Regional Overview
High-silica zeolite market demand is anticipated to be led by Asia Pacific region, owing to growing crude oil refining sector. China is driving the majority of growth in the crude oil refining industry in Asia Pacific. Growing crude oil refining industry is creating more demand for the petroleum refining catalysts such as high-silica zeolites.
North America is anticipated to witness a significant growth in High-silica zeolites market, U.S. is a prominent country in the petroleum refining sector. The U.S. is one of the vital producers of refined petroleum products and thus represents high market potential for high-silica zeolites.
High-silica zeolites market of Europe is expected to witness a robust growth, helped by increasing preference of manufacturers of high-silica zeolites to European countries for expansion of its manufacturing facilities, in order to fulfil the growing demand for high-silica zeolites from regional end-use industries.
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