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Zeolite Market Value to Increase by 4,069 Million Tons During 2020-2024 | Increasing Use of Compact Detergents is an Emerging Trend | Technavio

·4-min read

Shape strategic responses through the phases of industry recovery

Anten Chemical Co. Ltd., Arkema SA, and BASF SE will emerge as major zeolite market participants during 2020-2024

The zeolite market is expected to grow by 4,069.07 th MT during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the online zeolite market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201124005241/en/

Technavio has announced its latest market research report titled Global Zeolite Market 2020-2024 (Graphic: Business Wire)

Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

The zeolite market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.

  • Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.

  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior

  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds

  • Pre- as well as post-COVID-19 market estimates

  • Quarterly impact analysis and updates on market estimates

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Major Three Zeolite Market Participants:

Anten Chemical Co. Ltd.

Anten Chemical Co. Ltd. operates its business through the Unified segment. The company offers Advan Synthetic Zeolite and ZSM-5 Zeolite Powder.

Arkema SA

Arkema SA operates its business through segments such as High-Performance Materials, Industrial Specialties, and Coating Solutions. The company offers Siliporite for Paint, coatings and adhesives, and Nitroxy SXSDM for respiratory care.

BASF SE

BASF SE operates its business through segments such as Agricultural Solutions and Others. The company offers Luminate and BASF 4ABF Molecular Sieve.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/zeolite-market-industry-analysis

Zeolite Market 2020-2024: Segmentation

Zeolite market is segmented as below:

  • End-user

    • Detergent

    • Catalyst

    • Adsorbent

    • Others

  • Geography

    • Europe

    • APAC

    • North America

    • MEA

    • South America

  • Type

    • Natural

    • Synthetic

The zeolite market is driven by increasing use as a refrigeration adsorbent. In addition, other factors such as the increasing use of compact detergents are expected to trigger the zeolite market toward witnessing a CAGR of almost 9% during the forecast period.

Get more insights about the global trends impacting the future of zeolite market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45649

Related Reports on Materials Include:

Global Fly Ash Market - Global fly ash market is segmented by type (Class F and Class C), application (portland cement, agriculture, road construction, fire bricks, and others), and geography (APAC, North America, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Global Glass Fiber Market - Global glass fiber market is segmented by application (construction, transportation, consumer products, wind turbines, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Competitive scenario

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201124005241/en/

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