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Zeolite for Detergents Market Share, Growth Analysis & Trends Forecasted during 2018 – 2028

Mar 28th 2019 at 1:17 AM

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Zeolite for Detergents Market Share, Growth Analysis & Trends Forecasted during 2018 – 2028”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026.The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated to growth of manufacturers in global market for (Zeolite for Detergents Market). Along with these insights, the report provides the readers crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

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Zeolites are micro porous crystalline solid structures made of aluminum, silicon and oxygen that form a tetragonal framework with cavities wherein cations such as water, sulfur and other small molecules may reside. Zeolites are also known as molecular sieves. Generally, zeolites are of two types: natural zeolites and synthetic zeolites. Around 232 unique zeolite frameworks have been identified and over 40 frameworks of zeolites are known. Synthetic zeolites are predominantly used as detergent builders and absorbents and catalysts. Natural zeolites, on the other hand, find applications in soil amendment, feed additives, water treatment and construction, among others. The core components of detergents are surfactants, builders, bleaching agents, enzymes and special additives, among others. In detergents, zeolites are used as builders to improve the performance of surfactants and other detergent additives by softening the water through the ion exchange process.

The global zeolite for detergents market is estimated to be valued at US$ 1.4 Bn by 2018 end and is expected to reach US$ 1.8 Bn by the end of 2028 while expanding at a CAGR of 2.6% over the forecast period. The global zeolite for detergents market is anticipated to represent incremental opportunity of US$ 0.4 Bn between 2018 and 2028.

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Over the recent past, governments of several countries have limited or restricted the use of phosphate compounds as builder materials in detergents. For instance, in 2017, the EU regulation banned the use of phosphate compounds in detergents, such as laundry, dishwashing detergents and tablets detergents, among others. As zeolites are an alternative to phosphate detergent builders, the demand for zeolites has increased across the globe. Thus, stringent regulations regarding the use of phosphate compounds in detergents is, in turn, expected to drive the zeolite market. Moreover, growing demand for powder detergents across the globe wherein zeolites are prevalently used as builder (around 20-30% by volume) will, in turn, help to drive the zeolites for detergent market. With growing economic prosperity and increasing purchasing power, people are moving towards the use of products that were earlier unaffordable. This, in turn, has resulted in increased demand for consumer products, such as personal care and home care products, among others. This consumer market growth, in developing regions, will help to drive the raw material market, such as the market for zeolites, surfactants, solvents and additives. Thus, rising disposable income in developing regions will drive the zeolites market over the forecast period.

On the basis of product type, Zeolite A segment accounted for more than 80% value share in 2018. Growing demand for zeolite 4A in detergents across the globe, especially in China and Europe, will help to drive the Zeolite a market during the forecast period.

From a regional perspective, zeolite for detergents market in China is projected to witness relatively healthy growth over the forecast period. The China zeolite for detergents market is estimated to account for a share of around 15.5% in the global market value by 2028 end. Availability of low cost raw materials and growing detergent industry in China are the major factors expected to boost demand for zeolites over the forecast period. Moreover, SEA and India markets are estimated to grow with the healthy CAGRs over the forecast period.  However, the Europe and North America zeolites market are relatively mature owing to which slow growth of zeolite for detergents market is expected in respective regions. Zeolite for detergents market in North America is expected to reach US$ 414.4 Mn by the end of 2028. The zeolite for detergents markets in North America is expected to increase at a CAGR of around 2.2% over the forecast period.

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