Market Size of Specialty Zeolites Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Specialty Zeolites Market Analysis
The global specialty zeolites market is estimated to witness a moderate growth, at an estimated CAGR of over 3%, over the forecast period. The major factors driving the growth of the market studied are increasing consumption from paints & coatings industry and robust growth in construction activities in Asia-Pacific.
- Specialty Zeolites are expensive when compared with conventional zeolites, which is likely to hinder the markets growth.
- Increase in demand from personal care industry is likely to create opportunities for the market in the coming years.
- Asia-Pacific region is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.