Major players in the market are focusing on mergers, acquisitions, partnership, and new product launches in order to enhance their business in the competitive market. For instance, in 2015, Brenntag AG, a Germany-based chemical distribution company, and CECA SA—manufacturer of specialty chemicals—signed an agreement for the distribution of molecular sieves for the oil and gas applications in Europe.
Major players in global molecular sieve catalyst market include BASF SE, Arkema Inc., Albemarle Corporation, W. R. Grace and Company, Silkem Ltd., Sinopec Group, and JGC Catalysts & Chemicals Ltd., among others.
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