Rising demand for detergents for household and industrial use is a key factor in the growth of the worldwide zeolite market. For instance, the market for synthetic detergents in India was estimated by the department of consumer affairs to be worth US $1.63 billion in 2013, with a three percent compound annual growth rate (CAGR). Zeolites use hetero-coagulation and adsorption to remove colours from the washing fluid. Zeolites are used to soften water because they have the ability to exchange hard ions for soft ions. Zeolites are being employed more and more in the purification of water. Zeolites are used to remove ammonia, soften water, and remove heavy metals from water and wastewater. The contact time, kind, amount, temperature, initial metal concentration, and pH all affect how well zeolites remove metal. For the purpose of removing heavy metals from industrial effluent, zeolites have been employed extensively. Zeolites are used to remove heavy metals from industrial, mine, and nuclear wastes. Zeolites can be used in agriculture to supply soil-derived potassium and ammonium ions.
Coherent Market Insights projects that the size of the worldwide Zeolite Market, estimated at USD 4.12 billion in 2021, is expected to increase by USD 4.28 billion in 2022 and USD 5.71 billion in 2029, for a CAGR of 4.2%.
Top Companies in the Zeolite Industry:
1. BASF SE,
The company was started in 1865, and Ludwigshafen, Germany, serves as its headquarters. The company's operations are divided into the following divisions: Chemicals, polymers, speciality items, utilitarian items, and agricultural replacements, as well as petrol and related products. BASF accelerates the plastics industry's transition to a more sustainable future on February 6, 2022. As of December 19, 2022, battery maker PPES has chosen BASF as a strategic supplier of high-performance cathode active materials.
2. Arkema Group
The company was founded in 2004 and has its main office in Colombes, France. Alkalies and chlorine production are among the company's business activities. The company announced in 2021 that it will buy Ashland's Performance Adhesives division for $1.65 billion. The acquisition of Permoseal, a South African provider of adhesive solutions, was announced by the firm in 2022.
3. Tosoh Corporation
The firm was started in 1935 and is based in Tokyo, japan. The Tosoh Corporation manufactures petrochemicals and other chemicals. Ethylene, polyethylene, and caustic soda are the main products of the company. Tosoh Bioscience introduced the ST AIA-PACK BNP Assay for use with Tosoh System Analyzers in June 2022.
4. Zeochem AG
The firm was founded in 2002 and has its main office in Louisville, United States. Biofuel technology is developed by ZeaChem Inc. The company specialises in developing cellulose-based bio-chemical platforms that can be used to make chemicals, fuel, and ethanol. Globally, ZeaChem provides services to the chemical and alternative energy industries. The company is happy to announce that the new ZEOtope website will launch in October 2022.
5. Honeywell International Inc
The company was founded in 1906 and is based in North Carolina, United States. The company provides products and solutions for energy efficiency, specialised chemicals, sophisticated materials, process technology for petrochemicals and refining, control, sensing, and security for commercial buildings, as well as safety and productivity solutions. The Dow Jones Industrial Average index will once again include Honeywell in 2020.
6. Clariant
The business was founded in 1995 and is located in Muttenz, Switzerland. The business offers items including energy, polymers and coatings, natural resources, catalysis, and care chemicals. It also supplies specialised chemicals. In addition to new financial and non-financial targets, Clariant presented a new purpose-led strategy with four dimensions based on its mission, "Greater chemistry - between people and planet," on November 23, 2021.
7. Zeotech
The firm was established in 2009 and is based in Australia. Using kaolin and appropriate mine tailings as inputs, the company creates and markets innovative and exclusive zeolite mineral processing technology. Clinoptilolite is a special natural zeolite mineral ore that is mined and processed by Zeotech Corporation.
*Definition: A crystalline solid comprised of silica, aluminium, and oxygen, zeolite is an aluminosilicate or molecular sieve. They can be chemically synthesised and are readily available in nature.
