DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global Zeolite Market 2016-2020” report to their offering.
The global zeolite market to grow at a CAGR of 7.86% in terms of units shipped during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global zeolite market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the five prominent vendors operating in the market.
According to the report, growth in refinery industry will be a key driver for market growth. Zeolites are used as catalysts in oil refining due to their extraordinary efficiency of oil refining, cheaper cost, and ease of customization for specialized applications. Zeolite catalysts have been the basis for increasing the yield of gasoline and octane. These catalysts also aid in the production of cleaner fuels and lubricants with improved performance properties.
Zeolite Y has remained a major component in chemical processes like FCC since the 1970s as it provides greater gasoline yield with the greatest degree of catalytic stability. Chemical processes such as fuel conditioning (employed in fuel management and purification) also require zeolites.
Further, the report states that higher costs of logistics will be a major challenge for the market. Zeolites are bulky and are transported by rail carriers or highways. End-use industries have been significantly affected by the logistics costs since rail carriers and highways are the primary modes of supply of zeolites. This in turn has caused demand-supply outages, causing an interruption in the overall production process. Unstable fuel prices are resulting in increasing transportation costs. The availability of carriers at the required time and locality also poses a threat to zeolite manufacturers.
Key vendors
– Arkema
– BASF
– Honeywell International
– Tosoh
– Zeochem
Other prominent vendors
– Bear River Zeolite
– Blue Pacific Minerals
– Clariant
– W. R. Grace
– Zeolyst International
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by end-user
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information visit http://www.researchandmarkets.com/research/kkjwb6/global_zeolite