According to a market report by Lucintel, the future of the global zeolite catalyst market looks promising with opportunities in the petroleum and petrochemical production sectors. The global zeolite catalyst market is expected to reach an estimated $19 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are growing investments in expanding petrochemical production and increasing usage of these catalysts in the fluid catalytic cracking and hydrocracking applications.
A more
than 150-page report to understand trends, opportunity and forecast in global zeolite
catalyst market to 2028 by product type (natural and synthetic), application
(petroleum, petrochemical, and others), framework (linde type, faujasite, and
MFI), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel forecasts
that synthetic will remain the larger segment over the forecast period as it
can be precisely engineered with specific pore sizes and ion exchange
capabilities so as to meet the specific requirement of various industrial
applications.
Petroleum
is expected to remain the largest application segment due to the growing demand
of catalysts in manufacturing of fuel and other petroleum products.
Download
sample by clicking on zeolite catalyst
market.
APAC will
remain the largest region due to significantly growing chemical, petrochemical,
and automotive industries in the region.
Evonik
Industries AG, Albemarle Corporation, BASF SE, Honeywell International,
Clariant, W.R. Grace & Co, Zeochem AG, Arkema are the major suppliers in
the zeolite catalyst market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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