According to the recent study the zeolite catalyst market is projected to reach an estimated $19.0 billion by 2028 from $14.2 billion in 2023, at a CAGR of 6% from 2023 to 2028. Growth in this market is primarily driven by 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 is developed to understand trends, opportunities and forecast in zeolite catalyst market 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).

“Synthetic market is expected to remain the largest segment during the forecast period.”

Based on product type, the zeolite catalyst market is segmented into natural and synthetic. Lucintel forecasts that the synthetic market is expected to remain the largest segment 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.

“Within the zeolite catalyst market, the petroleum segment is expected to remain the largest application”

Based on application the petroleum segment is expected to witness the highest growth over the forecast period due to the growing demand of catalysts in manufacturing of fuel and other petroleum products.

“Asia pacific will dominate the zeolite catalyst market in near future”

APAC will remain the largest region due to significantly growing chemical, petrochemical, and automotive industries in the region.

Major players of zeolite catalyst market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Evonik Industries AG, Albemarle Corporation, BASF SE, Honeywell International, Clariant, W.R. Grace & Co, Zeochem AG, and Arkema are among the major zeolite catalyst providers.

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