period. Based on material, microporous, macro-porous, and mesoporous could classify molecular sieves in the
forecast period.
The market could be categorized based on end-users like waste & water treatment, agricultural products,
plastics & polymers industry, air purification, pharmaceutical industry, automotive industry, petroleum refining
& petrochemicals, cosmetics, oil and gas, detergents industry, industrial gas production, and others could be
explored in the forecast period.
Oil and gas sector accounted for the substantial market share of molecular sieves and is estimated to lead the
overall market in the years to come. The reason could be the high demand from oil and gas industry for the
dehydration and purification of gases. Desiccants, catalyst, adsorbent, and other applications could be explored
in molecular sieves in the forecast period.
Asia Pacific accounted for the substantial market share of molecular sieves and is estimated to lead the overall
market in the years to come. The reason behind the overall market growth could be the high demand in
surfactants and nuclear industries for the removal of nuclear waste. The developing countries like India and
China are the major consumers of molecular sieves in this region.
North America and Eastern Europe are also estimated to have a positive influence on future growth. North
America is the second largest region with significant market share. However, Eastern Europe is estimated to
grow at the highest CAGR in the forecast period. The key players of molecular sieves market are Zeolyst
International, Arkema, Zeochem AG, Axens, Union Showa KK, BASF SE, Honeywell International Inc., Tosoh
Corporation, Bete Ceramics Co. Ltd., Luoyang Jianlong Micro Nano New Materials Co. Ltd., Calgon Carbon
Corporation, Merck & Co. Inc., Dalian Absorbent Co. Ltd., and KNT Group. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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