Global Molecular Sieves Market 2022-2028
Molecular sieves are used for drying gases and liquids and for separating molecules on the basis of their sizes and shapes. When two molecules are equally small and can enter the pores, separation is based on the polarity (charge separation) of the molecule, the more polar molecule being preferentially adsorbed. According to market research study published by Gen Consulting Company, the global molecular sieves market stood at around USD 2,445 million in 2021 and is projected to rise to a worth of USD 3,327 million by 2028 end, thereby garnering a CAGR of 4.5% during 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global molecular sieves market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the molecular sieves industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, shape, product, end user, and region. The global market for molecular sieves can be segmented by product: 3A, 4A, 5A, 13X, zeolite Y, others. Globally, the 4A molecular sieves segment made up the largest share of the molecular sieves market. Molecular sieves market is further segmented by shape: beads, pellets, powder. The beads segment captured the largest share of the market in 2021. Based on product, the molecular sieves market is segmented into: activated carbon, clay, zeolites, others. On the basis of end user, the molecular sieves market also can be divided into: automotive, coatings, detergents, oil & gas, packaging, water and wastewater treatment, others. Molecular sieves market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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