ZEOLITE MARKET ANALYSIS

Name: Zeolite Market News
Creator: Coherent Market Insights
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Zeolite Market – By Product Type (Natural and Synthetic), By Function (Catalyst, Adsorbent, Detergent, and Separator), By End-use Industry (Chemical, Petrochemical, Water Treatment, and others), By Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Development

Various manufacturers are focused on organic and inorganic growth strategies such as mergers and acquisition in order to strengthen their global position.
For instance, in December 2017, Canadian Zeolite Corp., an international distributor and marketer of zeolite products, acquired Earth Innovations Inc., one of the leading provider of industrial, retail and commercial zeolite products in North America.
In July 2017, Clean Commodities Corp. announced the acquisition of Ogilvie Quarry Zeolite Project in Canada. Through this acquisition, the company will scale their zeolite asset base, zeolite exploration and its marketing efforts.
In September 2017, BASF SE, one of the leading chemical company, invests in specialty zeolite production plant to double its capacity in Ludwigshafen, Germany. This specialty zeolite is used to produce emission catalysts for light duty and heavy duty diesel vehicles.
In August 2017, Tosoh Corporation, expands its production capacity for high silica zeolite (HSZ), in Japan. The new capacity will raise the company’s production capacity of HSZ by 30% beyond its current level.