The global natural zeolites market size is expected to reach USD 8.01 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 2.7% over the forecast period. Increasing investments in development of new infrastructure in the global construction industry are expected to propel the product demand. The usage of natural zeolites is prominent in construction materials owing to their hygroscopic qualities and the ability to balance pH. Natural zeolites are pozzolanic materials, which are used to enhance strength of the structure. The construction industry is witnessing considerable growth not only in emerging economies but also in developed countries such as the U.S. In 2017, construction spending in U.S. was 4.5% higher than in 2016. The growth of global construction industry has led to the increased use of cement. Cement manufacturing is a major contributor to greenhouse gas emissions, and thus, natural zeolites are used in construction materials as a partial replacement for cement. Soil remediation and water treatment applications are expected to augment growth of the natural zeolites market. Soil contamination is a major concern in the European and Asian countries. According to the European Environment Agency, Europe had approximately 2.5 million potentially contaminated land sites in 2014. Similarly, almost one-fifth of the land in China is rich in cadmium. In 2013, it was reported that rice grown in Hunan province of China was contaminated with cadmium. Also, 44% of rice samples were found to be contaminated with cadmium in Guangzhou. Owing to the increasing soil contamination, materials such as natural zeolites, are being used in soil amendment applications to improve the overall health and quality of soil and the crops. China has been a major producer and consumer of natural zeolites on a global scale since many years. Their usage is prominent in China owing to an increase in the demand for construction materials and the requirement for soil amendment products. China is the largest cement producer in the world and has been witnessing high use of natural zeolites such as Pozzolan cement. The growth of the natural zeolites market is affected by presence of substitutes. Both minerals and non-minerals are a threat to the market in major applications including construction materials, water treatment, and soil amendment. For example, activated carbon in water treatment and bentonite clay in soil amendment can hinder demand. Major players in the global market are increasing their production capacities by establishing new plants; joint ventures; and through acquisitions to increase their customer reach in the international markets. To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/natural-zeolites-market Further key findings from the report suggest: Construction materials is anticipated to remain the largest segment throughout the forecast period, in terms of revenue, on account of benefits such as improved strength and durability of structures obtained due to the use of natural zeolites The soil remediation segment is anticipated to expand at a CAGR of 3.4% in terms of value over the forecast period due to increasing land contamination In terms of volume, animal feed accounted for a share of 14.3% in 2017, owing to the increasing animal feed production in North America and South America Asia Pacific is anticipated to be the leading region in the market throughout the forecast horizon, owing to rapid infrastructural developments Some of the key companies operating in the natural zeolites market are KMI Zeolite, Zeocem a.s., United States Antimony Corporation, and Zeotech Corporation. They are attempting to increase their consumer base, for instance, in December 2017, Canadian Zeolite Corp. acquired Earth Innovations Inc., which has an established distribution network in Canada. Grand View Research has segmented the global natural zeolites market on the basis of application and region: Natural Zeolites Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025) Construction Materials Animal Feed Soil Remediation Others About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
In 2014, the global surfactant market was worth USD 25.60 billion. Development of detergents market predominantly in Latin America and Asia Pacific as a result of rising disposable income levels is likely to drive market growth. Moreover, growing oilfield chemicals demand on account of speedily growing E&P activities in China and North America is also expected to drive the global surfactants market.
Surfactants are used to diminish surface tension between a solid and a liquid or between two liquids in the form of emulsifiers, wetting agents, foaming agents, detergents or dispersants. They are used in numerous end-use industries for instance cosmetics, agrochemicals and pharmaceuticals. Constant progress in these sectors is projected to assist the major industry participants.
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Anioinic surfactants was the largest product type which accounted for over 45% of the market in 2014. Increasing demand for linear alkyl benzene in cleaners and detergents on account of profitable characteristics of products led to the high market share. Amphoteric surfactant type is projected to witness the highest growth rate, at an estimated CAGR of 4.9% from 2015 to 2022. Amphoteric surfactants are extensively being used worldwide owing to their various properties such as conditioning, bio degradability, foaming & foam stabilization and detergency.
Surfactant application accounted for the highest market share of over 40% in 2014. Growing product demand in detergents, household cleaners and soaps accounted for the huge demand in home care segment. Personal care application is forecasted to witness the highest growth rate, at an anticipated CAGR of 5.0% from 2015 to 2022. The growing demand for new innovative products such as anti-aging creams and make-up is expected to drive the demand for personal care application.
Asia Pacific accounted for over 30% of the global surfactant market in 2014.Increasing demand for home care and personal care products along with rising awareness about bio-based products is projected to provide an upper hand over other regions in the near future.
BASF – Cognis was the leading company in 2014 contributing over 30%of the total market share of global surfactants market. Other major companies in the market include Akzo Nobel, Kao, Stephan, Rhodia, Clariant, Evonik, Croda and Huntsman. The major industry participants in global surfactants market are developing new innovative products. In addition, some of the key strategies of the industry participants include joint ventures, mergers & acquisitions along with efficient marketing strategies. Media platforms are projected to be utilized on a large scale for product promotion and differentiation.
Grand View Research has segmented the global surfactants market on the basis of product, application and region:
Global Surfactants Product Outlook (Volume, Kilo Tons; Revenues, USD Million, 2012 – 2022)
- Cationic surfactant
- Nonionic surfactant
- Fatty Al Ethoxylates (AE)
- Alkyl Phenol Ethoxylates (NPE)
- Anionic surfactant
- Linear Alkyl Benzene
- FAI Ether Sulfates
- Amphoteric surfactant
- Other Surfactants
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.