Zeolite Molecular Sieves Market size is forecast to reach $4.39 billion by 2025, after growing at a CAGR of 5.65% during 2020-2025. Increasing demand for oil and gas processing is expected to drive the market together with increased awareness for the treatment of hazardous organic materials in wastewater. As a manufacturing of liquid and powdered detergents is increasing, the growing demand of detergents is projected to drive demand due to increasing customer hygiene awareness.

Key Takeaways
Oil & Gas industry has dominated the market and is expected to grow over the forecast period as a result of increasing worldwide oil and gas activities.
Anti-microbial Zeolite Molecular Sieves production is likely to serve in the future as an opportunity.
Moreover, rising wastewater treatment and water purification activities are expected to boost the market for products as adsorbents.
But the presence as a replacement for zeolite catalysts of enzymes, metals and other chemical compounds is expected to impede growth in the industry. During the projected timeframe, the introduction of silver infused sieves as an antimicrobial will open up new opportunities for market development.
Growing demand for the use of green technologies and the development of anti-microbial molecular zeolite sieves will probably give market opportunities during the forecast period.

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Geography - Segment Analysis
 
Europe dominated the Zeolite Molecular Sieves Market share with more than 38.61%, followed by North America and APAC. Regulatory tendency to restrict emissions of greenhouse gases coupled with a robust refrigerant and detergent manufacturing base are expected to increase in fuel in Germany, France, the Netherlands and Belgium. The Renewable Energy Directive (RED), which required 20% of EU bio-energy production by 2020, was adopted by the European Commission in 2009. This policy is expected to increase bio-based chemicals production.
The highest growth in the industry is expected in the Asia-Pacific during the forecast period as the demand for detergents and catalysts increases.


Drivers – Zeolite Molecular Sieves Market
Rising Awareness for Treatment of Hazardous Organic Materials in Wastewater 
Market Landscape
 
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Zeolite Molecular Sieves Market. In 2018, the market of Zeolite Molecular Sieves has been consolidated by the top five players accounting for xx% of the share. Major players in the Zeolite Molecular Sieves Market are Tricat Group, Luoyang Jiandong Chemical Industry Co. Ltd., Sorbead India, Pingxiang XINTAO Chemical Packing Co. Ltd, N Shashikant & Co., and Patalia Chem Industries, among others.


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