Dublin, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The "North America Zeolite Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The North American zeolite market reached 415,900 tons in 2022. Looking forward, the market is projected to reach 496,600 tons by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028. On account of their microporous structure, zeolites are widely used in several industries, such as pharmaceutical, detergents, agriculture, nuclear, biogas, refinery and construction.
The North America zeolite market is being currently driven by several factors. The increasing demand for zeolites as a softening agent in the soap and detergent industry has catalyzed the market growth in the region. Furthermore, rising environmental concerns against the usage of phosphate has also stimulated the demand for zeolites across several industries.
Moreover, zeolites possess cleansing and quality-enhancing abilities which help in the production of high-quality chemical products and transportation fuels. On account of this, zeolites are widely utilized, as absorbents and catalysts, in the oil refining and petrochemical industries in the region, thereby stimulating the market growth. In addition to this, with the rapid population growth coupled with the surge of cleaner fuels is expected to spur the demand for zeolites in the region.
Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the North America zeolite market report, along with forecasts at the regional and country level from 2023-2028. The report has categorized the market based on type and application.
Key Regions Analysed
- United States
- Canada
- Analysis for Each Country
Market by Type
- Natural
- Synthetic
Market by Application
- Detergent
- Catalyst
- Adsorbent
- Others
Market by Imports and Exports
- Imports
- Exports
Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report
- How has the North America zeolite market performed so far and how will it perform in the coming years?
- What are the key regions in the North America zeolite market?
- What has been the impact of COVID-19 on the North America zeolite market?
- What is the breakup of the North America zeolite market on the basis of type?
- What is the breakup of the North America zeolite market on the basis of application?
- What are the various stages in the value chain of the North America zeolite industry?
- What are the key driving factors and challenges in the North America zeolite industry?
- What is the structure of the North America zeolite industry and who are the key players?
- What is the degree of competition in the North America zeolite industry?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 122 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value in 2022 | 415,900 Tons |
| Forecasted Market Value by 2028 | 496,600 Tons |
| Compound Annual Growth Rate | 3% |
| Regions Covered | North America |
For more information about this report visit https://www.researchandmarkets.com/r/pshz03
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