What is High Silica Zeolite Market?
High Silica Zeolite contains silica component which has a molar ratio of 10 or higher. It is prepared by heating a mixture of a silica source, a heteroatom source, a source of alkali hydroxide, and a water-soluble organic species. It is heat resistant, has hydrophobicity, and has strong acidity. Furthermore, the product is used as a purification catalyst for high-temperature exhaust gases, and are highly selective catalyst
Highlights from High Silica Zeolite Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | UOP (Honeywell) (United States), CECA (Arkema) (France), BASF (Germany), ZEOCHEM AG (Switzerland), Tosoh Corporation (Japan), W. R. Grace (United States), Zeolyst International (United States), Clariant (Switzerland), CWK Chemiewerk Bad K stritz GmbH (Germany) and KNT Group (South Africa) |
Manufacturers are focused on the unique properties and characteristics of High Silica Zeolite to differentiate it from other zeolite products. Highlight its high silica content, specific pore size, surface area, and functionality that make it suitable for specific applications. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global High Silica Zeolite market throughout the forecasted period.
UOP (Honeywell) (United States), CECA (Arkema) (France), BASF (Germany), ZEOCHEM AG (Switzerland), Tosoh Corporation (Japan), W. R. Grace (United States), Zeolyst International (United States), Clariant (Switzerland), CWK Chemiewerk Bad K stritz GmbH (Germany) and KNT Group (South Africa) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Zeolites & Allied Products (India). High Silica Zeolite Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Petroleum Refining Catalysts, Petrochemical Catalysts and Others |
Type | ZSM-5 Type, Beta Type and Others |
Sales channels | Direct Channel,Distribution Channel |
On the basis of geography, the market of High Silica Zeolite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Developments are Being Made and Investments in Research and Development
Market Growth Drivers:
Rising Pharmaceutical Sector in Developing Countries and Adaptability to all Types of Chemicals is Driving the Market
Challenges:
High Competition Due to the Presence of Key Players
Restraints:
High Cost Associated with the Product and Government Regulations Available
Opportunities:
Rising Disposable Income in Developing Countries
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organizations
Market Leaders & Development Strategies
In 2018, BASF New Business GmbH (BNB) acquired all the shares of Advanc3D Materials GmbH in Hamburg. and In 2018, W. R. Grace & Co. acquired the Polyolefin Catalysts business of Albemarle Corporation.