Synthetic Zeolites Market Size, Share, Growth Analysis, By Type(Zeolite A, Type X), By Product(Synthetic, and Natural), By Function(Ion exchange, and adsorbent/Molecular sieves), By End-Use(Detergents, Refining) - Industry Forecast 2024-2031

Global Synthetic Zeolites Market size was valued at USD 5.1 billion in 2022 and is poised to grow from USD 5.22 billion in 2023 to USD 6.36 billion by 2031, growing at a CAGR of 2.50% in the forecast period (2024-2031).

Increasing end-use applications for synthetic zeolites are the root causes for the growth of the synthetic zeolites market. Increased cost of consumption of concentrated detergents will further provide lucrative growth opportunities for the developed synthetic zeolites market. Increasing technological advancements and increasing incidence of FCC catalysts in industrial applications will further increase the demand for synthesized zeolites. The increasing demand for ionization agents and water softeners will also boost the demand for synthesized zeolites. Increased support from the government to curb the use of phosphates in detergents will also provide remunerative opportunities for the synthetic zeolites market.

Zeolite is a crystalline complex of aluminosilicates containing alumina and silica. These minerals have different size mechanisms and tissues that regulate their chemical and biological properties. Molecular sieves occur primarily in nature and because minerals are synthesized. According to the United States Geological Survey, more than 200 variants have been identified worldwide, 40 of which are naturally occurring, and each molecular sieve obtained is inspected and developed by the Structure Commission (IZA) of the International Zeolite Association. Increasing consumer consciousness towards health and hygiene has led to the development of high-quality and environmentally friendly detergents, thus boosting the growth of the global synthetic zeolites market.