Specialty & Fine Chemicals Industry Zeolite Molecular Sieve Market Research, 2024

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Zeolite Molecular Sieve Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 | Hexa Research
" Global Zeolite Molecular Sieve market is expected to
grow at a CAGR of above 7% over the forecast period
of 2016 to 2024."
The global Zeolite Molecular Sieve Market is expected to surpass USD 35 billion by 2024. This can be attributed
to the increasing hygiene awareness, rising demands for detergents, and growing refining output. In addition,
the rising needs for natural products in pet litters, concrete, and agriculture industries are also anticipated to
spur the market growth over the forecast period (from 2016 to 2024). Furthermore, increased consumer
disposable income levels coupled with the increasing focus on environmental safety are also anticipated to
augment the global market growth. The global market is divided into products, applications, and reg ions.
The product sector comprises natural and synthetic zeolites. The natural zeolite sector led the global market in
2015. The growing demands from water treatment, pet litter, and concrete applications and the availability of
reserves globally are anticipated to boost the market growth in the near future. Moreover, rising demands from
Brazil, India, and China are also likely to have a positive impact on the market. Synthetic zeolites are expected
to grow at a CAGR of 3 % from 2016 to 2024 due to rising needs from the detergent industry. Plus, they are
extensively utilized in gas & oil industry which is projected to positively impact the market growth.
Browse Details of Report @ https://www.hexaresearch.com/research-report/zeolite-molecular-sieve-market
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